by Jamie Johnson | Jul 23, 2019 | Markets
The company’s shares are up 58% year to date. Shares of Stitch Fix rose 4% on Monday after Stifel upgraded the company from hold to buy and maintained its $38 price target. Previously, the stock was down 16% but according to analyst Scott Devitt, this simply presents...
by Dorian Holden | Jul 23, 2019 | Markets
Shares of Coca-Cola (KO) don’t seem to know the meaning of down. Since early 2019, the stock has exploded from $44, gapping to $53 just this morning on impressive earnings. Not only did the company beat with EPS of 63 cents, as compared to expectations for 61...
by Dorian Holden | Jul 22, 2019 | Markets
Lawmakers are rushing to address the debt limit and government funding issues. So far, the White House and Democrats are reportedly nearing a budget deal that would raise the U.S. debt ceiling for two years, according to CNBC. At the moment, the deal...
by Dorian Holden | Jul 22, 2019 | Markets
With the ongoing trade war, companies are still citing its impact as reason for poor performance and outlooks, including the following companies. PPG Industries (PPG) The paint and coatings supplier may have beaten second quarter EPS estimates, but it fell short of...
by Jamie Johnson | Jul 22, 2019 | Markets
The company’s stock is still down more than 30% from a year earlier. On Friday, shares of AMC rose nearly 10% after receiving bullish feedback from Credit Suisse. Analyst Meghan Durkin initiated the stock at an outperform rating. In many ways, this rating was...
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