BTIG Initiates Coverage On WeWork with Buy Rating, Announces Price Target of $7.5
BTIG analyst Thomas Catherwood initiates coverage on WeWork (NYSE:WE) with a Buy rating and announces Price Target of $7.5.
Nasdaq Surges Over 200 Points; General Electric Posts Downbeat Earnings
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 200 points on Tuesday.
S&P 500 Rises Over 1%; General Motors Earnings Top Views
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 1.8% on Tuesday.
There Is Significant Upside To WeWork Stock, Analyst Says: ‘Demand Is Robust’
WeWork Inc. (NYSE: WE) is approaching the end of a multi-year cost rationalization and real estate footprint optimization strategy, which has already lowered costs of $2.7 billion from the business, according to Cantor Fitzgerald.
Stocks That Hit 52-Week Lows On Wednesday
During Wednesday's trading, 517 companies set new 52-week lows.
Constellation Brands To Rally 21%? Plus Wells Fargo Predicts $225 For Visa
UBS raised Constellation Brands, Inc. (NYSE: STZ) price target from $270 to $281. Constellation shares fell 0.1% to $232.38 in pre-market trading.