In recent trading, shares of Retail Properties of America Inc (Symbol: RPAI) have crossed above the average analyst 12-month target price of $7.69, changing hands for $8.14/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: do
In recent trading, shares of Marsh & McLennan Companies Inc. (Symbol: MMC) have crossed above the average analyst 12-month target price of $113.83, changing hands for $115.66/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to rea
In recent trading, shares of 3M Co (Symbol: MMM) have crossed above the average analyst 12-month target price of $172.33, changing hands for $173.86/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or
In recent trading, shares of MasTec Inc. (Symbol: MTZ) have crossed above the average analyst 12-month target price of $56.14, changing hands for $56.33/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
In recent trading, shares of Brandywine Realty Trust (Symbol: BDN) have crossed above the average analyst 12-month target price of $10.83, changing hands for $11.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of AGCO Corp. (Symbol: AGCO) have crossed above the average analyst 12-month target price of $93.15, changing hands for $96.53/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Crestwood Equity Partners LP (Symbol: CEQP) have crossed above the average analyst 12-month target price of $15.00, changing hands for $15.93/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
Investors are in "full bull" mode, deploying more money into emerging markets, small-cap stocks and the banking sector on hopes a COVID-19 vaccine will turn around these hard-hit market segments, BofA's monthly investor survey showed on Tuesday.
Having burnished its traditional image as a global safe haven during the coronavirus pandemic, Japan's yen is attracting fresh interest as the highest yielder among the three major currencies.
Stock market bulls rejoicing at promising news on the COVID-19 vaccine and the prospect of a more predictable U.S. presidency may have another reason to celebrate: an anticipated surge in the net global supply of shares shows no sign of materialising.
3M Company (NYSE: MMM), a large conglomerate operating in industrial, worker safety, US health care, and consumer goods space, trades at about 3x trailing Revenues, compared to 4x for Honeywell International (NYSE: HON), another conglomerate which operates in the fields of aero
After a 10% rise this year, at the current price near $215 per share, we believe McDonald’s stock (NYSE: MCD) has a moderate upside in the near term. MCD stock has increased from $197 to $218 since the start of the year compared to the S&P 500 which also increased by
Pfizer‘s (NYSE: PFE) surprisingly strong initial Covid-19 vaccine efficacy data that came out last week probably marks the beginning of the end of the Covid-19 pandemic. While this is very positive for the economy and the broader stock market, what does it mean for companie
Walmart (NYSE: WMT) is scheduled to report its fiscal third-quarter results on Tuesday, November 17. We expect WMT to likely beat the revenue and earnings expectations, driven by growth across operating segments. The big-box retailer has benefited from the shift to e-commerce d
Home Depot (NYSE: HD) is scheduled to report its fiscal third-quarter results on Tuesday, November 17. We expect the retailer to report strong Q3 results, beating the revenue and earnings expectations, benefiting from the stay-at-home bump. That said, the increase in remo
After a losing bet on the potential of economies across the African continent, South African retailers are in retreat to their home market - and their timing could hardly be worse.
Investors are weighing the chances the Federal Reserve will increase its purchases of U.S. government debt in coming weeks to counteract the economic fallout of a COVID-19 resurgence, an intervention that could reverse a recent rise in Treasury yields to multi-month highs.