Fermium Research Maintains Buy on Dow, Lowers Price Target to $60
Fermium Research analyst Frank Mitsch maintains Dow (NYSE:DOW) with a Buy and lowers the price target from $70 to $60.
Mativ And Volkswagen Are CNBC ‘Fast Money’ Mentions, And These 3 Stocks Hit 52-Week Lows
CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.
US Stock Futures Mostly Flat; All Eyes On Jobs Report
Pre-open movers
U.S. stock futures traded mostly flat in early pre-market trade ahead of the much-awaited jobs report for August. U.S. stocks closed mostly higher, with the Dow Jones adding around 146 points on Thursday after all the three major indices notched their weakest August performance since 2015.
JP Morgan Downgrades Dow to Neutral
JP Morgan analyst Jeffrey Zekauskas downgrades Dow (NYSE:DOW) from Overweight to Neutral.
Analyst Turns Bearish On Dow, LyondellBasell And Westlake; Recession Level Margins, Earnings In Q4
There is likely to be “continued downside” to polyethylene prices in the U.S., with an estimated decline of 10 cents per pound in the third quarter and 5 cents per pound in the fourth quarter, according to KeyBanc Capital Markets.
Dow, Nasdaq Futures Lower Following Friday’s Sell-Off; US Dollar Surges To 20-Year High
Pre-open movers
U.S. stock futures traded lower in early pre-market trade after the Dow Jones tumbled more than 1,000 points in the previous session following speech from Federal Reserve Chairman Jerome Powell at the central bank’s Jackson Hole economic symposium. The US dollar index, meanwhile, jumped to its strongest level in 20 years on Monday.
Keybanc Downgrades Dow to Underweight, Announces $45 Price Target
Keybanc analyst Aleksey Yefremov downgrades Dow (NYSE:DOW) from Sector Weight to Underweight and announces $45 price target.