Monty Rakusen U.S. oil and gas major Chevron (NYSE:CVX), pipeline operator Energy Transfer (NYSE:ET), solar technology firm Nextracker (NASDAQ:NXT), and utility Edison International (NYSE:EIX), are among Mizuho Americas’ top energy picks, and preferred ‘Outperform’-rated names, a report on Wednesday showed. Mizuho has a price target of $205/share for Chevron (CVX),Continue Reading
Nomad Foods (NYSE:NOMD), Carnival (NYSE:CCL), Lowe’s (NYSE:LOW) and Wayfair (NYSE:W) are Mizuho Americas top picks for the consumer sector. For Nomad Foods (NOMD) the analysts believe that the Street’s concerns for the company’s competitive position are excessive. Mizuho has a target price of $28 and a rating of Outperform onContinue Reading
olddays UBS assigned buy ratings to Royal Bank of Canada (RY)(RY:CA) and National Bank of Canada (NA:CA)(OTCPK:NTIOF) as it initiated coverage of Canadian banks, saying it’s “cautiously optimistic” about the Big Six group of lenders in the country. Canada’s macro picture looks “challenging” with slow economic growth, rising unemployment andContinue Reading
The S&P500 (SP500) closed in the red on Friday, after an eventful week that saw companies including Micron Technology (NASDAQ:MU) and Nike (NYSE:NKE) posting quarterly results. The market also focused on inflation data and the first U.S. presidential debate of the year. For the week, the Nasdaq (COMP:IND) advanced overContinue Reading
Jun. 27, 2024 2:02 PM ETS&P 500 Index (SP500)DIS, AAPL, CMS, AMZN, MA, JPM, C, VRTX, NVDA, AZO, PGR, SNPS, STZ, AVB, ACGL, ALB, CE, NEE, NXPI, CZR, ABBV, CRWD, PINSBy: Monica L. Correa, SA News Editor DNY59 Wells Fargo analysts updated their Signature Picks list, an “eclectic” portfolio ofContinue Reading
da-kuk Aurora Innovation (NASDAQ:AUR) is taking a major step forward with its long partnership with Uber Technologies (UBER) through the launch of Premier Autonomy, which is described as a new program that provides early access to over one billion of Aurora’s (AUR) driverless miles to Uber Freight carriers through 2030.Continue Reading
Dilok Klaisataporn Value stocks have continued to underperform as appetite for growth remains high. But this “underperformance should not prompt investors to stay away from all value stocks entirely … as more pointed, valuation-based strategies can still deliver favorable price returns for investors,” BMO strategist Brian Belski wrote in aContinue Reading
The S&P 500 (SP500) on Friday saw small moves, with the expiration of major options not adding to the volatility of the session. For the week, the Nasdaq (COMP:IND) was flat. The S&P (SP500) and Dow (DJI) advanced 0.61% and 1.45%, respectively. Wall Street had a slew of upgrades andContinue Reading
