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Citi Boosts PG&E Target To $10.50, Says No Chance Of Zero Stock Price Now
Citi analyst Praful Mehta raised his price target for PG&E to $10.50 from $5 saying the company's settlement with the Official Committee of Tort Claimants likely dealt a "fatal blow" to the bondholder plan and the zero stock price scenario.
Peloton Slumps As Short-seller Citron Weighs In, Setting $5 Price Target
The short-seller said "we will be laughing" a year from now at the company's current $10B valuation.
International Paper Downgraded To Sell From Neutral At Goldman Sachs
Goldman Sachs analyst Brian Maguire downgraded International Paper to Sell from Neutral with an unchanged price target of $40.
Netflix Downgraded To Underperform From Hold At Needham
Needham analyst Laura Martin downgraded Netflix to Underperform from Hold without a price target.
How Trump's Policies Moved Stocks This Past Week
China trade news sends market on roller coaster as France, Brazil, Argentina targeted by tariffs.
Ladenburg Downgrades Sage Therapeutics On Lack Of Near-Term Catalysts
Ladenburg analyst Michael Higgins downgraded Sage Therapeutics to Neutral from Buy with a price target of $60, down from $120.
Morgan Stanley, Still Not Bullish Longer Term, Ups Tesla 'Bull Case' To $500
Morgan Stanley analyst Adam Jonas raised his "bull case" for Tesla shares to $500 from $440 while keeping an Equal Weight rating on the name with a $250 price target.
Facebook Upgraded To Buy At Stifel On Strong Core Business, Attractive Valuation
Stifel analyst John Egbert upgraded Facebook to buy from hold.
Apple Price Target Raised To $300 From $250 At Citi
Citi analyst Jim Suva raised his price target for Apple to $300 from $250 after "materially" increasing his sales and earnings estimates.
Peloton Sinks After Statement On Ad, Digital Subscription Cost Cut
After rallying in morning trading, the shares are now down 4%.
Netflix Downgraded To Neutral From Buy With Coverage Transfer At Citi
Citi analyst Jason Bazinet downgraded Netflix to Neutral from Buy with a price target of $325, down from $410, after taking over coverage of the name.
Boston Beer Upgraded To Buy From Neutral At UBS
UBS analyst Sean King upgraded Boston Beer Company to Buy from Neutral with a price target of $440, up from $415.
Wells Fargo Names Scott Powell COO
Wells Fargo & Company announced that Scott Powell has been named chief operating officer effective Dec. 9, 2019.
Roku Drops As Morgan Stanley Predicts Slowdown In Revenue Growth
The analyst also said gross profit growth could slow "meaningfully".
Morgan Stanley Downgrades Roku To Underweight After 400% Year-To-date Rally
Morgan Stanley analyst Benjamin Swinburne downgraded Roku to Underweight from Equal Weight with a price target of $110, up from $100.
Splunk Upgraded To Buy From Neutral At Goldman Sachs
Goldman Sachs analyst Christopher Merwin upgraded ReneSola to Buy from Neutral with a price target of $180, up from $147. The shares closed Friday down $1.78 to $149.22.
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