Mid-Morning Market Update: Markets Open Higher; Dow Jumps 400 Points
U.S. stocks traded higher this morning, with the Dow Jones gaining more than 400 points on Tuesday.
Earnings Scheduled For February 22, 2022
Companies Reporting Before The Bell
• Gaotu Techedu (NYSE:GOTU) is projected to report quarterly earnings at $0.13 per share on revenue of $439.63 million.
Deutsche Bank Downgrades American Campus to Hold, Raises Price Target to $60
Deutsche Bank analyst Derek Johnston downgrades American Campus (NYSE:ACC) from Buy to Hold and raises the price target from $59 to $60.
American Campus Communities Issues Shareholder Letter
American Campus Communities, Inc. (NYSE:ACC) ("ACC" or the "Company") today issued an open letter to shareholders highlighting the Company's successful portfolio management, track record of value
Earnings Scheduled For October 25, 2021
Companies Reporting Before The Bell
• HNI (NYSE:HNI) is expected to report quarterly earnings at $0.43 per share on revenue of $592.14 million.
Citigroup Maintains Neutral on American Campus, Raises Price Target to $53
Citigroup analyst Nicholas Joseph maintains American Campus (NYSE:ACC) with a Neutral and raises the price target from $50 to $53.
Goldman Sachs Initiates Coverage On American Campus with Buy Rating, Announces Price Target of $57
Goldman Sachs initiates coverage on American Campus (NYSE:ACC) with a Buy rating and announces Price Target of $57.
American Campus Q2 EPS $(0.07) Beats $(0.11) Estimate, FFO $0.42
American Campus (NYSE:ACC) reported quarterly losses of $(0.07) per share which beat the analyst consensus estimate of $(0.11) by 36.36 percent.
Earnings Scheduled For July 26, 2021
Companies Reporting Before The Bell
• Otis Worldwide (NYSE:OTIS) is estimated to report quarterly earnings at $0.71 per share on revenue of $3.45 billion.
Stocks That Hit 52-Week Highs On Wednesday
During Wednesday's morning trading, 125 companies set new 52-week highs.