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Wall Street’s top analyst calls
Intel upgraded, Texas Instruments initiated: Wall Street’s top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Wolfe Research upgraded Intel (INTC) to Peer Perform from Underperform […]
BofA banker whose death shook Wall Street was looking for new job and willing to take a lower salary for better hours, recruiter says: report
Leo Lukenas III was an investment banker at Bank of America.Spencer Platt/Getty Images The Bank of America banker who died on May 2 wanted a better work-life balance, a recruiter told Reuters. The recruiter said he was in touch with Leo Lukenas III about a new job prior to his death. Lukenas said he had […]
Wall Street’s biggest bull wishes he’d been a bigger bull
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Wall Street’s biggest bull wishes he’d been even more bullish. But he’s making up for it now. “It has become clear to us that we underestimated the strength of the market momentum,” Brian […]
1 Wall Street Analyst Thinks Novavax Stock Is Going to $10. Is It a Sell?
Novavax (NASDAQ: NVAX) took a turn in the investor spotlight in early May, when the vaccine specialist announced — on the same day it unveiled its first-quarter results — a collaboration deal with Sanofi. Understandably, Novavax’s share price leaped on news of the potentially lucrative deal with the global pharmaceutical sector company. This has left […]
Nio Stock No Longer a Sell, According to 1 Wall Street Analyst
Good news for Nio (NYSE: NIO) shareholders! For three long months, investment bank J.P. Morgan said the Chinese electric vehicle (EV) maker’s stock was a sell. But no longer. On Wednesday, the bank’s investment firm relented and removed its sell rating from Nio, upgrading the EV stock to neutral and setting its price target at […]
Wall Street Has a New Stock-Split Stock
Volatility is something that’s inescapable for investors on Wall Street. With the exception of 2024, we’ve witnessed the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite seesaw between bear and bull markets in successive years since this decade began. During bouts of heightened volatility and uncertainty, professional and everyday investors typically turn their attention […]
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Senate considers making Black Wall Street a national monument
More than 100 years after the nation’s deadliest race massacre, the Senate is considering a bipartisan bill to grant national monument status to Greenwood, Oklahoma, also known as “Black Wall Street.” In 1921, Black Wall Street was burned to ashes by white mobs who attacked the then-thriving and predominantly Black neighborhood in Tulsa, Oklahoma. The […]
Wall Street just gave its highest forecast yet for the S&P
Wall Street’s high mark for stock market returns in 2024 keeps moving up. BMO Capital Markets chief investment strategist Brian Belski boosted his year-end price target for the S&P 500 (^GSPC) to 5,600 from 5,100 in a research note on Wednesday, noting that momentum in the market is “likely to persist.” Belski’s 5,600 target reflects […]