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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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Domino's Pizza (DPZ) PT Raised to $430 at Bernstein, 'We remain cautious on unit growth'
February 28, 2024 5:58 AM ESTBernstein analyst Danilo Gargiulo raised the price target on Domino's Pizza (NYSE: DPZ) to $430.00 (from $370.00) while maintaining a Market Perform rating.
The analyst comments "We remain cautious on unit growth. Franchisees profits increasing (amid lower commodity inflation) should support unit... More
Bernstein answers: Is the Google Search empire crumbling?
February 27, 2024 2:00 PM ESTThe rise of artificial intelligence has posed questions about the future of Alphabet's (NASDAQ: GOOGL) Google Search business, and in a note Tuesday, analysts at Bernstein questioned whether the company's Search empire is crumbling.
Bernstein said that being one of the few neutral-rated analysts on the Street, they feel qualified to "defend a suddenly mistake-ridden Google."
"Google is a company... More
Jefferies Positive on Palo Alto Networks (PANW) Following Leadership Change
February 27, 2024 12:20 PM ESTJefferies analyst Joseph Gallo reiterated a Buy rating and $365.00 price target on Palo Alto Networks (NASDAQ: PANW).
The analyst comments "PANW appointed a new President of NA Sales (Dan Campbell) in Feb. Mr. Campbell was previously the President of Arrow ECS,... More
Barclays raises S&P 500 price target as US economy continues to defy headwinds
February 27, 2024 7:24 AM ESTAnalysts at Barclays have raised their price target for the S&P 500 in 2024 as the US economy continues to defy rate headwinds.
The bank revealed it now sees the S&P 500 reaching 5300 in 2024, up from its previous estimate of 4800. The new target is based on its recent sum-of-the-parts valuation framework.
"This reflects our view that inflation will continue to normalize while the economy... More
Argus Upgrades Domino's Pizza (DPZ) to Buy Citing Same-Store Growth
February 27, 2024 7:15 AM ESTArgus analyst John Staszak upgraded Domino's Pizza (NYSE: DPZ) from Hold to Buy with a price target of $530.00.
The analyst comments "We are upgrading Domino's Pizza Inc. (NYSE: DPZ) to BUY from HOLD with a target price... More
JPMorgan Downgrades Domino's Pizza (DPZ) to Neutral, 'most catalysts priced in'
February 27, 2024 6:16 AM ESTJPMorgan analyst John Ivankoe downgraded Domino's Pizza (NYSE: DPZ) from Overweight to Neutral with a price target of $430.00 (from $420.00).
The analyst comments "DPZ shares have returned ~59% since 6/1 versus ~21% at SPX. We believe now is the right price to take profits... More
