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
In recent trading, shares of Cameco Corp. (Symbol: CCJ) have crossed above the average analyst 12-month target price of $11.15, changing hands for $11.33/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In recent trading, shares of EPR Properties (Symbol: EPR) have crossed above the average analyst 12-month target price of $32.25, changing hands for $32.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of Royal Caribbean Group (Symbol: RCL) have crossed above the average analyst 12-month target price of $66.25, changing hands for $66.60/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 Churchill Downs, Inc. (Symbol: CHDN) have crossed above the average analyst 12-month target price of $174.67, changing hands for $178.05/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 Tiffany & Co. (Symbol: TIF) have crossed above the average analyst 12-month target price of $122.50, changing hands for $123.23/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 Abbott Laboratories (Symbol: ABT) have crossed above the average analyst 12-month target price of $108.18, changing hands for $111.29/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
The Q2 reporting cycle has effectively come to an end, with earnings of 98.7% of the S&P 500 market capitalization that has reported so far is down 32.3% on 9.5% lower revenues, with 80.4% beating EPS estimates and 64.0% beating revenue estimates. This is the lowest earnings
At the virtual Jackson Hole central banking conference, the Federal Reserve unveiled an aggressive new policy that aims to tolerate the possibility of higher inflation while supporting the labor market as much as possible.The Fed Chairman Jerome Powell would shift its inflation
For investors seeking momentum, iShares Morningstar Large-Cap Growth ETF JKE is probably on radar. The fund just hit a 52-week high and is up 74.7% from its 52-week low of $158 per share.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near