In recent trading, shares of Baxter International Inc (Symbol: BAX) have crossed above the average analyst 12-month target price of $93.64, changing hands for $94.14/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 Roku Inc (Symbol: ROKU) have crossed above the average analyst 12-month target price of $128.75, changing hands for $130.04/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Alnylam Pharmaceuticals Inc (Symbol: ALNY) have crossed above the average analyst 12-month target price of $140.62, changing hands for $144.87/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: d
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
Bank of New York Mellon Corp (Symbol: BK) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.4% yield, as well as being recognized by prominent asset managers as b
Investor focus has shifted to the record-breaking crash in oil prices amid the acceleration of corporate earnings and the continuing debate over coronavirus containment versus loosening lockdowns
Pacific Biosciences of California, Inc. PACB recently announced the addition of the PacBio Sequel II System to inqaba biotec’s portfolio of genomics services.
The earnings season is underway and all attention will now be on upbeat releases for some respite from the adverse impact of coronavirus. This means estimate-beating stocks will be the most important ones from the investment point of view.
On Apr 20, U.S. crude oil price plunged more than 190% for the month of May in a matter of a few hours, hitting a historic low. The coronavirus pandemic continues to crush demand while rising stockpiles overwhelm storage facilities across the country.
After a tough March, some hedge funds, emboldened by early signs of the coronavirus outbreak peaking in some of the biggest U.S. hot spots, have begun tentatively adding to risk.
The oil patch has been going through a rough phase since the coronavirus scare peaked and almost the entire globe went under lockdown. But black gold probably saw its worst day on Apr 20 as the May contract for U.S. WTI crude oil, which expires on Tuesday, dropped below zero for
Turkey's economy is expected to contract this year for the first time in over a decade as the coronavirus pandemic slashes output through mid-year, and it's unlikely to grow again until 2021, a Reuters poll showed on Tuesday.
With oil price witnessing a free fall, NuStar Energy L.P. NS recently announced slashing its 2020 capital budget for preserving liquidity. This capital spending cut for the current year is indicative of a roughly 45% or approximately $145 million reduction from the midpoint of
Air Products and Chemicals, Inc. APD is slated to release second-quarter fiscal 2020 results ahead of the bell on Apr 23. The company is likely to have gained from new projects and productivity initiatives in the quarter. However, the impacts of higher maintenance spending are e
AT&T’s DirecTV satellite TV and WarnerMedia entertainment units were already facing pressure from changing technologies and consumer preferences before the coronavirus appeared.
Chipotle (CMG) is a Zacks Rank #5 (Strong Sell) that is a popular Mexican restaurant chain. The company has seen success focusing on burritos, burrito bowls, tacos, and salads. The growth and earnings momentum has created one of the hottest stocks over the last ten years.
National Beverage Corp (FIZZ) is a Zacks Rank #1 (Strong Buy) that develops, manufactures, markets and distributes beverage products throughout the United States. The Florida based company offers beverages to active and healthy conscious consumers, including sparkling waters, e