U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.47%
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- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Intel (INTC) jumps 3% following upgrade
November 16, 2023 9:56 AM ESTIntel (NASDAQ: INTC) gained 3% off the open after the upgrade at Mizuho.
Why now? We believe INTC is lining up significant NEW Server product launches and Foundry customer announcements in the next six months, the analyst said in a... More
TD Cowen Downgrades Target (TGT) to Market Perform, 'Stretched Consumer Will Continue to Pressure Growth'
November 16, 2023 5:31 AM ESTTD Cowen analyst Oliver Chen downgraded Target (NYSE: TGT) from Outperform to Market Perform with a price target of $148.00 (from $161.00).
The analyst comments "What remains impressive is that TGT is a much bigger and better business since 2019 and pre-pandemic. We acknowledge discretionary comparisons ease considerably in the 2H24, which could... More
