Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 107 companies set new 52-week lows.
Stocks That Breached 52-Week Lows Today
Stocks That Managed to Breach 52-Week Lows Tuesday Morning
Before 10 am Tuesday, 44 stocks made new 52-week lows.
52-Week High And Low Highlights:
Block (NYSE: SQ) was the biggest company on a market cap basis to set aStocks That Managed to Breach 52-Week Lows Tuesday Morning
JP Morgan Downgrades Noah Holdings to Neutral, Announces $50 Price Target
JP Morgan analyst Katherine Lei downgrades Noah Holdings (NYSE:NOAH) from Overweight to Neutral and announces $50 price target.
DBS Bank Initiates Coverage On Noah Holdings with Buy Rating, Announces Price Target of $56.25
DBS Bank initiates coverage on Noah Holdings (NYSE:NOAH) with a Buy rating and announces Price Target of $56.25.
Noah Holdings Stung by High Costs Amid Pivot to China’s Rich
Key points:
Asset manager Noah Holdings’ second quarter revenue grew 20%, but margins got squeezed by faster-growing operating expenses
High expenses came from recruitment of new wealth management staff as company shifts focus to affluent Chinese customers
By Warren Yang
Earnings Scheduled For August 17, 2021
Companies Reporting Before The Bell
• AiHuiShou Intl (NYSE:RERE) is expected to report earnings for its second quarter.
10 Biggest Price Target Changes For Thursday
Piper Sandler raised Patterson Companies, Inc. (NASDAQ: PDCO) price target from $34 to $44. Patterson Companies shares rose 4% to $36.82 in pre-market trading.