In recent trading, shares of Catalent Inc (Symbol: CTLT) have crossed above the average analyst 12-month target price of $75.56, changing hands for $76.22/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 Salesforce.com Inc (Symbol: CRM) have crossed above the average analyst 12-month target price of $199.63, changing hands for $200.28/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
In recent trading, shares of Agnico Eagle Mines Ltd (Symbol: AEM) have crossed above the average analyst 12-month target price of $64.55, changing hands for $65.87/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 Fair Isaac Corp (Symbol: FICO) have crossed above the average analyst 12-month target price of $416.17, changing hands for $422.00/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
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 itse
The first half of 2020 has mostly been dominated by the coronavirus pandemic, with safe-haven assets gaining favor among investors. Resultantly, gold-backed ETFs have witnessed record inflows. Going by new data released by World Gold Council, global net inflows came in at $39.5
For investors looking for momentum, iShares iBoxx $ Investment Grade Corporate Bond ETF LQD is probably a suitable pick. The fund just hit a 52-week high and is up 29.3% from its 52-week low price of $104.95/share.
Mergers and acquisitions in the global food delivery space have been heating up. The consolidation ofUber Technologies Inc UBER and Postmates is a new development in the segment. Uber is buying Postmates for approximately $2.65 billion in an all-stock transaction. This transacti
Chances are rising that the blue wave of Democrats will take control over the House and Senate in November. Democratic presidential candidate Joe Biden now has better chances of winning the November election, according to a national poll. President Trump presently has a 40% chan
The iShares Russell Top 200 ETF is seeing unusually high volume in afternoon trading Wednesday, with over 211,000 shares traded versus three month average volume of about 56,000. Shares of IWL were up about 0.3% on the day.
In trading on Wednesday, the Invesco China Technology ETF is outperforming other ETFs, up about 3.1% on the day. Components of that ETF showing particular strength include shares of GDS Holdings, up about 6.2% and shares of Autohome, up about 4.5% on the day.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the UNG ETF, where 3,200,000 units were destroyed, or a 7.9% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Russell 2000 ETF, which added 13,450,000 units, or a 5.3% increase week over week. Among the largest underlying components of IWM, in mo
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Short Treasury Bond ETF (Symbol: SHV) where we have detected an approximate $188.2 million dollar outflow -- that's a 0.8% decrease week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio Intermediate Term Corporate Bond ETF (Symbol: SPIB) where we have detected an approximate $186.6 million dollar inflow -- that's
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Industrial Select Sector SPDR— Fund (Symbol: XLI) where we have detected an approximate $449.5 million dollar inflow -- that's a 5.1% increas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Regional Banking ETF (Symbol: KRE) where we have detected an approximate $164.3 million dollar inflow -- that's a 17.0% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro Short S&P500 (Symbol: SPXU) where we have detected an approximate $85.7 million dollar inflow -- that's a 8.2% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Energy Select Sector SPDR— Fund (Symbol: XLE) where we have detected an approximate $97.9 million dollar inflow -- that's a 1.0% increase wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Biotech ETF (Symbol: XBI) where we have detected an approximate $164.5 million dollar inflow -- that's a 2.9% increase week over