Stock Market Today: Dow slumps as rising Treasury yields rattle markets
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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Cisco (CSCO) PT Raised to $76 at Tigress Financial Partners
September 22, 2023 8:23 AM EDTTigress Financial Partners analyst Ivan Feinseth raised the price target on Cisco (NASDAQ: CSCO) to $76.00 while maintaining a Buy rating.
The analyst comments "
We reiterate our Buy rating on CSCO and increase our 12-month target price to $76 as CSCO will continue to benefit from increasing demand for smart AI-driven high-speed networks bandwidth and security and the recently announced acquisition of software developer Splunk (SPLK-US, Non-rated) further accelerates its security and AI capabilities, increases the ongoing growth of its services revenue and adds an additional upside catalyst. Yesterday, CSCO announced the acquisition of Splunk (SPLK-US,... More
Citi Reiterates Top Pick on Meta (META), Opens Upside Catalyst Watch, 'we expect to hear more details around Meta’s GenAI plans'
September 22, 2023 6:27 AM EDT(Updated - September 22, 2023 6:29 AM EDT)
Citi analyst Ronald Josey reiterated a Buy rating and $385.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "With Reels ad loads reaching 19% QTD vs. 17% in 2Q per our proprietary tracking, coupled with... More

