In recent trading, shares of Mosaic Co (Symbol: MOS) have crossed above the average analyst 12-month target price of $18.85, changing hands for $18.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
In recent trading, shares of Ceridian HCM Holding Inc (Symbol: CDAY) have crossed above the average analyst 12-month target price of $77.67, changing hands for $78.85/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
In recent trading, shares of BlackRock Inc (Symbol: BLK) have crossed above the average analyst 12-month target price of $597.67, changing hands for $601.06/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 Amcor plc (Symbol: AMCR) have crossed above the average analyst 12-month target price of $11.24, changing hands for $11.25/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 itse
Wall Street seems super-excited as the Dow reclaimed 28,000 last week while the S&P 500 and the Nasdaq hit highs at regular intervals. In fact, the Dow Jones industrial average — the laggard in the trio — turned positive for 2020 on Aug 28, having gained about 0.6%. The
For investors seeking momentum, Global X Lithium ETF LIT is probably on radar now. The fund just hit a 52-week high and is up around 121% from its 52-week low price of $17.83/share.
The latest new home sales data is encouraging as sales of newly-built, single-family homes rose to the highest in July since December 2006 in the United States. Per the Commerce Department data, new home sales rose 13.9% in July to a seasonally adjusted annual rate of 901,000 un
This year has been largely dominated by the coronavirus outbreak so far. Timing the launch correctly, Direxion recently introduced the Direxion Connected Consumer ETF (CCON). With the launch, the issuer has strengthened its suite of COVID-19-themed ETFs, as it follows the roarin
The first company to start human clinical trials of its coronavirus vaccine candidate in the United States — Moderna MRNA — has once again come up with encouraging study data relating to mRNA-1273. Per the latest data from an early stage clinical trial, its experimental coro
The coronavirus crisis has forced people to maintain social distancing and work remotely. Strikingly, even as the rebooting of the U.S. economy happens in phases and social-distancing restrictions are being eased, people are increasingly opting for contactless operations. It
The First Trust Dorsey Wright Focus 5 ETF is seeing unusually high volume in afternoon trading Friday, with over 1.1 million shares traded versus three month average volume of about 170,000. Shares of FV were up about 0.9% on the day.
In trading on Friday, the Junior Gold Miners ETF is outperforming other ETFs, up about 3.8% on the day. Components of that ETF showing particular strength include shares of Harmony Gold Mining, up about 12.8% and shares of Fortuna Silver Mines, up about 7.2% on the day.
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
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with PBF Energy Inc (Symbol: PBF). The average 12-month price target for PBF — averaging the work of 14 analysts — reveals an average price target of $10.07/share. Tha
In recent trading, shares of Cheesecake Factory Inc. (Symbol: CAKE) have crossed above the average analyst 12-month target price of $27.53, changing hands for $28.42/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
In recent trading, shares of Merit Medical Systems, Inc. (Symbol: MMSI) have crossed above the average analyst 12-month target price of $49.00, changing hands for $49.82/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow
In recent trading, shares of Copa Holdings S.A. (Symbol: CPA) have crossed above the average analyst 12-month target price of $52.67, changing hands for $54.76/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 Tradeweb Markets Inc (Symbol: TW) have crossed above the average analyst 12-month target price of $57.05, changing hands for $57.31/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 SeaWorld Entertainment Inc. (Symbol: SEAS) have crossed above the average analyst 12-month target price of $19.89, changing hands for $20.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow