Atlanta Fed GDPNow Model Lowers Q1 GDP Forecasts
The Federal Reserve might be hoping for inflation of 2%, but equity investors have generally been hoping for 2.5% or more growth in gross domestic product in the United States.
The Federal Reserve might be hoping for inflation of 2%, but equity investors have generally been hoping for 2.5% or more growth in gross domestic product in the United States.
Wells Fargo's Jennifer Fritzsche has retained her Outperform ratings on AT&T and Verizon with above-consensus price targets.
Monday's top analyst upgrades and downgrades roundup was dominated by UBS initiating Berkshire Hathaway with a Buy rating.
Personal income and consumer spending both posted gains in February, according to Monday's report from the Bureau of Economic Analysis.
The top analyst upgrades, downgrades and initiations seen on Monday morning include Berkshire Hathaway, CarMax, Noble Corp., Phillips 66, Portola Pharmaceuticals and Qualcomm.
24/7 Wall St. has identified six public companies with business models that are absolutely broken. Almost all of them are losing money.
Perhaps the real issue is not just what a GDP revision looks like. After all, the data is now almost 90 days old and covers and average of the final quarter of 2015.
Some analysts and investors are thinking that perhaps Nike was being conservative with its guidance so that it could surpass expectations.
According to Merrill Lynch, the Frontier Communications dividend is becoming less risky. The firm's price target suggests huge upside.
In a world where it seems like almost everyone is addicted to smartphones, what would happen if employers started making employees check their phones or leave them at home or in the car?
The top analyst upgrades, downgrades and initiations seen Thursday morning include Altria, Exelon, General Dynamics, Mattel, Philip Morris International, SanDisk and Wells Fargo.
The durable goods report is one of the most volatile economic readings of them all and subject to huge hits and misses above or below the consensus estimates.
The top analyst upgrades, downgrades and initiations seen on Wednesday, March 23, include Charles Schwab, Dean Foods, HollyFrontier, Incyte, Newfield Exploration and Nike.
24/7 Wall St. has identified seven companies that could easily reach the $100 billion mark to become the next mega-cap stocks.
Now the so-called Philly Fed is showing that non-manufacturing business activity rose in March as well.
the Federal Reserve Bank of Richmond issued its Fifth District Survey of Manufacturing Activity report, showing a stellar gain for March.
Economic readings for March are showing very marginal upticks from the weak readings seen in December to February.
Most U.S. investors tend to focus on U.S. equities and issues. The larger picture in the financial sector and in the financial markets requires a full global view.
RBC Capital Markets raised its rating on Zillow to Outperform with a $34.00 price target, now the highest target.
The top analyst upgrades, downgrades and initiations seen on Tuesday, March 22, include Amazon.com, Chevron, Monster Beverage, Range Resources, Wayfair, Wynn Resorts and Yahoo.