The CNN Money Fear and Greed index showed a slight increase in the fear level among US investors.
US stocks closed lower on the first trading session of 2023, giving up gains recorded earlier during the session.
B of A Securities analyst Kalei Akamine upgrades Resources Connection (NASDAQ:RGP) from Underperform to Neutral and raises the price target from $49 to $58.
Resources Connection (NASDAQ:RGP) reported quarterly earnings of $0.53 per share which beat the analyst consensus estimate of $0.48 by 10.42 percent. This is a 23.26 percent increase over earnings of $0.43 per share from
Companies Reporting Before The Bell
• Lamb Weston Hldgs (NYSE:LW) is projected to report quarterly earnings at $0.49 per share on revenue of $1.13 billion.