Analyst Color - Spark Newswire

2 minute read

2 Reasons To Stay Overweight On The Financial Sector

Today, 12:55 PM

Despite historically low-interest rates weighing on bank earnings, the Financial Select Sector SPDR Fund (NYSE: XLF) is up 27.5% in 2021, more than double the return of the SPDR S&P 500 ETF Trust (NYSE: SPY).

SPY

1 minute read

JPMorgan Upgrades UPS After Recent Sell-Off

By Priya Nigam

Today, 12:55 PM

United Parcel Service, Inc.’s (NYSE: UPS) 2021 Investor Day provided positive views on pricing power, capacity discipline and dividend yield, according to JPMorgan.

UPS

2 minute read

MKM Partners Initiates Coverage On Airline Sector, Names Delta Top Pick

By Wayne Duggan

Today, 12:55 PM

Airline stocks are flying high so far in 2021 as investors anticipate a booming summer travel season and a return to business travel in coming quarters. On Thursday, MKM Partners initiated coverage of the airline group and said some stocks have more near-term upside than others.

AAL

2 minute read

Why BofA Is Bearish On Moderna Despite COVID-19 Vaccine Success

By Shanthi Rexaline

Today, 12:55 PM

Moderna, Inc.

MRNA

3 minute read

Experts React To 5% CPI Inflation, Highest Since 2008

By Wayne Duggan

Today, 12:55 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.5% on Thursday morning after the Labor Department reported a 5% increase in the consumer price index in the month of May, the fastest inflation growth since the summer of 2008.

SPY

1 minute read

BofA Downgrades Clover Health After 100% Stock Surge

By Priya Nigam

Today, 12:55 PM

Clover Health Investments Corp.’s (NASDAQ: CLOV) stock has spiked by around 100% over the past week and is now at a 70% premium to its closest competitor, Alignment Healthcare Inc (NASDAQ: ALHC), according to BofA

ALHC

1 minute read

Telsey Advisory Group Earlier On Costco Following May Sales Figures: Co. Should Continue To See ‘Solid’ EPS Growth Led By High Membership Renewal Rates, Healthy Digital Growth; Maintains Outperform Rating

By Benzinga Newsdesk

Today, 12:55 PM

CT SENATE HAS TO BRIEF MEMBERS ON IT BEFORE A VOTE; UNCLEAR WHEN THAT VOTE WILL HAPPEN

COST

1 minute read

Wells Fargo Stock Could Be A Multi-Year Transformation Story, BofA Says

By Priya Nigam

Today, 12:55 PM

Shares of Wells Fargo & Co (NYSE: WFC) have lost more than 50% year to date and the company is the only bank in its peer group to be still trading below the pre-pandemic levels, according to BofA Securities.

WFC

2 minute read

3 Advance Auto Parts Analysts Break Down Q1 Earnings

By Nikhil Dayal

Today, 12:55 PM

Advance Auto Parts (NYSE: AAP) posted a first-quarter beat-and-raise Wednesday. The auto parts retailer reported first-quarter adjusted earnings of $3.34 per share against a $3.08 Street estimate and sales of $3.33 billion, outrunning a $3.28-billion estimate.

AAP

1 minute read

Zacks Small Cap Research Tweets ‘$EDSA: @EdesaBiotech – Positive Interim Efficacy Analysis For EB01 Phase 2b Trial In Allergic Contact Dermatitis… – https://bit.ly/3z1uGqd by @DavidBautz’

By Benzinga Newsdesk

Today, 12:55 PM

https://twitter.com/ZacksSmallCap/status/1400827427421556742

EDSA