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Global Payments Downgraded To Neutral From Buy At Goldman Sachs
Goldman Sachs analyst James Schneider downgraded Global Payments to Neutral with an unchanged price target of $125.
Disney Downgraded To Sell From Hold At Pivotal Research
Pivotal Research analyst Brian Wieser downgraded Disney to Sell with an unchanged price target of $93.
Perry Ellis Enters Into $437M Transaction To Become Private Company
PERY announced it has entered into a definitive merger agreement under which a newly formed entity controlled by George Feldenkreis, Perry Ellis' founder, will acquire all of the outstanding common shares of Perry Ellis for $27.50 per share.
Intersection: Crypto And Wall Street This Week
As cryptocurrencies get increasing attention from investors and the SEC, Wall Street and its traditional banks continue to adjust to the shift.
Citi Downgrades Splunk To Sell On 'Plateauing' Growth Drivers
Citi analyst Walter Pritchard downgraded Splunk (SPLK) to Sell from Neutral with an unchanged price target of $98. The analyst sees "growth drivers plateauing" and "some warning signs in numbers."
AMD Well Positioned For 'Meaningful Market Share Gains,' Says Wells Fargo
Wells Fargo analyst David Wong reiterates an Outperform rating on AMD with an $18 price target after hosting investor meetings with management. The stock closed yesterday down 7c to $16.25
Oracle Slides As JPMorgan Cuts Rating On Business Lost To Amazon, Microsoft
Shares of Oracle are sliding after JPMorgan analyst Mark Murphy downgraded the stock to Neutral, citing negative results from a survey of Chief Information Officers about their spending.
Piper Remains Bullish On 'Big Three' Game Makers After E3 Announcements
Shares of the "big three" video game publishers are trading higher as this year's Electronic Entertainment Expo, or E3, continues this week.
Sears Moves Higher After Expanded Amazon Tire Pact
Shares of Sears are moving higher on Wednesday after the retailer announced that its Auto Center Tire Installation Program With Amazon is being expanded to an additional 71 Stores.
Tesla Rises After KeyBanc Finds Signs Of Model 3 Delivery Pace Improving
Shares of Tesla are on the rise after KeyBanc analyst Brad Erickson told investors that his checks with the company's sales centers showed Model 3 deliveries tracking ahead of his prior expectations for the quarter.
JPMorgan Raises Target For Twitter Ahead Of World Cup
Shares of Twitter are on the rise after JPMorgan analyst Doug Anmuth increased his price target on the stock to $50 ahead of the World Cup.
PTC Rises After Announcing Strategic Partnership With Rockwell
Shares of PTC are rising after the company announced it had entered into an agreement for a strategic partnership with Rockwell Automation, in which Rockwell will make a $1B equity investment in PTC.
Match Group Rises As Jefferies Says Buy On Limited Facebook Impact
Shares of Match Group are on the rise after Jefferies analyst Brent Thill upgraded the stock to Buy, saying his proprietary survey shows the long-term impact of Facebook's dating foray will likely be limited.
Tesla Price Target Raised To $450 From $420 At Nomura Instinet
Nomura Instinet analyst Romit Shah raised his price target for Tesla to $450 from $420 after meeting with the company at its Fremont facility and the shareholder meeting earlier in the week.
Amazon Reveals Plans To Hire Over 2,500 People In U.K. This Year
Amazon today revealed plans to grow its United Kingdom workforce by over 2,500 jobs this year.
First Solar Double Downgraded To Underperform At JMP Securities
JMP Securities analyst Joseph Osha downgraded First Solar two notches, to Underperform from Outperform, as he believes that recent policy developments in China that have "shaken global markets" will likely to put pressure on margins past 2019.
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