JPMorgan Upgrades UPS After Recent Sell-Off
United Parcel Service, Inc.’s (NYSE: UPS) 2021 Investor Day provided positive views on pricing power, capacity discipline and dividend yield, according to JPMorgan.
MKM Partners Initiates Coverage On Airline Sector, Names Delta Top Pick
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.
Experts React To 5% CPI Inflation, Highest Since 2008
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.
BofA Downgrades Clover Health After 100% Stock Surge
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
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
CT SENATE HAS TO BRIEF MEMBERS ON IT BEFORE A VOTE; UNCLEAR WHEN THAT VOTE WILL HAPPEN
Wells Fargo Stock Could Be A Multi-Year Transformation Story, BofA Says
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.
3 Advance Auto Parts Analysts Break Down Q1 Earnings
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 $3.28-billion estimate.
Zacks Small Cap Research Tweets ‘$EDSA: @EdesaBiotech – Positive Interim Efficacy Analysis For EB01 Phase 2b Trial In Allergic Contact Dermatitis… – https://bit.ly/3z1uGqd by @DavidBautz’
https://twitter.com/ZacksSmallCap/status/1400827427421556742
AMC Playing The ‘Game’ Lot Better Than GameStop, Says NYU Professor Aswath Damodaran
AMC Entertainment Holdings Inc. (NYSE: AMC), which raised $587.4 million in additional capital through a stock offering on Thursday, is playing the "game" a lot better than GameStop Corp.