Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week. - Axios reported late Saturday, citing a US official, that the United States (US and Iran are...</p
The firm lowered its forecast for Edison International after updating price targets for North American utilities in April. Morgan Stanley reduced its price target for Edison International (NYSE:EIX) to $64 from $70 while maintaining an Underweight rating. The adjustment fo
Scotiabank downgraded MAA to Underperform, citing overbuilding and prolonged supply pressure in Sunbelt markets. Scotiabank lowered its price target for Mid-America Apartment Communities (MAA) to $120 from $138 and downgraded the stock to Underperform. The firm expects sub
Franklin Resources upgraded as outflows ease and assets under management rise 6.3% month-over-month to $7.11T in April. Morgan Stanley upgraded Franklin Resources (BEN) to Equal Weight from Underweight and raised its price target to $31 from $21. The firm cited early signs
JPMorgan reduced its price target for The J. M. Smucker Company citing weaker organic sales growth and valuation multiples in the food sector. JPMorgan lowered its price target for The J. M. Smucker Company (NYSE:SJM) to $120 from $130, maintaining an Overweight rating ahe
The firm lowered its PII target by $5 while maintaining an Equal Weight rating amid macroeconomic pressures and earnings visibility concerns. Morgan Stanley reduced its price target for Polaris Inc. (NYSE:PII) to $69 from $74, citing persistent headwinds from interest rate
The company will raise prices by 10-20 cents on select single-serve chip bags amid rising production and distribution costs. PepsiCo will increase prices on certain smaller chip bags by 10 to 20 cents, targeting products currently retailing at $2.69. The changes, set for l
With an annual dividend yield of 3.63%, Target Corporation (NYSE:TGT) is included among the 10 High Yield Stocks for Lasting Retirement Income. Ken Wolter / On May 22, Roth Capital raised its price recommendation on Target Corporation (NYSE:TGT) to $114 from $88 It
With an annual dividend yield of 3.22%, The Southern Company (NYSE:SO) is included among the 10 High Yield Stocks for Lasting Retirement Income. On May 21, Morgan Stanley analyst David Arcaro lowered the firm’s price recommendation on The Southern Company (NYSE:SO) to $87
Since the start of the artificial intelligence (AI) infrastructure boom, the market has been dominated by Nvidia (NASDAQ: NVDA). However, as the landscape shifts from training foundational large language models (LLMs) to inference and agentic AI, Advanced Micro Devices (NA
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