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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.
Valeant Upgraded To Overweight From Equal Weight At Barclays
Barclays analyst Douglas Tsao upgraded Valeant Pharmaceuticals to Overweight from Equal Weight and raised his price target for the shares to $29 from $20.
Tapestry Slips After Designer Kate Spade Found Dead In NY
Shares of Tapestry, which owns the Kate Spade label, are under pressure following reports saying the designer Kate Spade was found dead in her Manhattan apartment following an apparent suicide.
ACCC Charges ANZ, Citigroup, Deutsche Bank With Criminal Cartel Charges
Citigroup Global Markets Australia Pty Limited, Deutsche Bank Aktiengesellschaft and Australia and New Zealand Banking Group Ltd have been charged with criminal cartel offenses following an investigation by the ACCC.
Atlassian Drops After Microsoft Confirms Acquisition Of GitHub
Shares of Atlassian are falling in early trading after Microsoft announced it has reached an agreement to acquire GitHub for $7.5B in Microsoft stock.
Analysts Mixed On GameStop After Q1 Revenue Misses Estimates, Interim CEO Named
Shares of GameStop were in focus after the company reporting quarterly results and reaffirmed its guidance for fiscal 2018. Analysts' commentary was mixed following the earnings report.
Toyota Upgraded To Buy From Neutral At Goldman Sachs
Goldman Sachs analyst Kota Yuzawa upgraded Toyota Motor (TM) to Buy with an increased price target of 8,500 yen.
Intelsat Falls After Analyst Cites Ongoing Pressure In Satellite Business
Shares of satellite communications services provider Intelsat are falling after Morgan Stanley maintained an Underweight rating on the stock in an investor note out Friday morning.
General Motors Upgraded To Outperform After SoftBank Investment At Evercore ISI
Evercore ISI analyst George Galliers upgraded General Motors to Outperform from In Line after SoftBank's Vision Fund agreed to invest in the company's Cruise autonomous driving unit in a deal that values the unit at $11.5B.
Deere Boosts Quarterly Dividend By 15% To 69c
Deere & Company's board increased the company's quarterly dividend to 69c per share on common stock.
Chinese Social Networking Company Momo Jumps After Q1 Results
Shares of Momo, a mobile-based social networking platform in the People's Republic of China, are moving higher in afternoon trading after the company reported first-quarter earnings way ahead of analyst estimates.
Jefferies Says Buy Ford On 'Credible' Targets, Strategic Levers
Jefferies analyst Philippe Houchois upgraded Ford Motor to Buy as he believes the company is getting no credit for its "ambitious but credible" cost targets and "strategic levers" to improve market and product exposure.
How Trump's Policies Moved Stocks - Week In Review
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap
Crypto And Wall Street This Week
This week's top stories highlighting the intersection of these old guard and new school areas of finance.
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