In recent trading, shares of Xilinx, Inc. (Symbol: XLNX) have crossed above the average analyst 12-month target price of $102.93, changing hands for $103.39/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
In recent trading, shares of NXP Semiconductors NV (Symbol: NXPI) have crossed above the average analyst 12-month target price of $127.23, changing hands for $127.31/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
In recent trading, shares of Urban Outfitters, Inc. (Symbol: URBN) have crossed above the average analyst 12-month target price of $20.59, changing hands for $20.80/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
Antero Midstream Corporation AM recently provided a company presentation, highlighting updates regarding its 2020 guidance. The estimation for capital expenditure has been lowered from the prior view. The same for profits have also been downwardly revised.
In recent trading, shares of Dollar Tree Inc (Symbol: DLTR) have crossed above the average analyst 12-month target price of $102.50, changing hands for $102.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of NovoCure Ltd (Symbol: NVCR) have crossed above the average analyst 12-month target price of $79.57, changing hands for $80.02/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
In recent trading, shares of Pinterest Inc (Symbol: PINS) have crossed above the average analyst 12-month target price of $32.97, changing hands for $34.07/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
Over the past couple of years, the U.S. Solar market has witnessed considerable growth, buoyed by the nation’s attempts to reduce reliance on fossil fuels and make a transition to cleaner energy resources, with solar energy being a major participant. This year, the Solar indus
A spike in oil price is generally followed by a surge in the value of energy stocks. However, this time, despite the rally in crude prices, energy companies have taken a hit. This might be quite a shocker for the novice, but those in tune with the stock market are pretty aware t
Bed Bath & Beyond Inc. BBBY is one of the many companies, which are leaving no stone unturned to recover from the coronavirus crisis that has badly hit the global economy. In this context, it has come up with a new restructuring plan that is likely to generate pre-tax cost s
In a concerted effort to augment its virtualized solution portfolio, Viavi Solutions Inc. VIAV recently inked an agreement to acquire network monitoring solutions provider Expandium for an undisclosed amount. The buyout will enable Viavi to better serve the virtualization requir
The Hain Celestial Group, Inc. HAIN reported fourth-quarter fiscal 2020 results, wherein the bottom line exceeded the Zacks Consensus Estimate, while the top line missed the same. Results in North America benefited from increased at-home consumption due to COVID-19, though the I
While investors will be eyeing the July Durable Orders report to be published before the open, they will also be closely watching Hurricane Laura, which earlier this morning was upgraded to a Category 4 hurricane.
Canada's main stock index is set to extend its rebound over the coming months and in 2021, boosted by an expected recovery in corporate earnings after they were hammered by the coronavirus pandemic, a Reuters poll found.
Don't get too attached to those recent stock market gains, at least according to strategists polled by Reuters. Wall Street's rally is likely run out of fuel as investors fret about the November presidential election, with the major indexes ending 2020 below current record highs, according to the poll, conducted over the past two weeks.
DENTSPLY SIRONA Inc. XRAY is well poised for growth on the back of strong focus on Research and Development (R&D) and product portfolio. However, weakness in its Consumables segment remains a concern.The stock has lost 15.2%, compared with the industry’s decline of 2.7% in
Political pressure is growing in Brazil to disband a high-profile team of anti-corruption prosecutors that has put dozens of former executives and politicians behind bars, despite its strong popular support and hundreds of cases still pending.
Bank of Montreal’s BMO third-quarter fiscal 2020 (ended Jul 31) adjusted net income was C$1.26 billion ($0.92 billion), down 20% year over year.The results reflect a significant rise in credit costs and lower loan balance. However, increase in revenues, lower expenses and impr
Wall Street's astonishing performance over the past five months has primarily been driven by a historic rally of the technology sector. However, a closer look into the new bull market reveals that aside from the technology sector, the consumer discretionary sector also provided
Numerous Chinese and U.S. military exercises, Taiwan missiles tracking Chinese fighters and plummeting China-U.S. ties make for a heady cocktail of tension that is raising fears of conflict touched off by a crisis over Taiwan.