Bank of America is moving to the sidelines on Target after the company’s earnings reflected an uncertain outlook. Analyst Robert Ohmes downgraded the big-box retailer to neutral from buy and lowered his price target on the stock by $40 to $105. The new target suggests roughly 12.9% potential upside for the stock, which is down…
CNBC’s Jim Cramer on Wednesday told investors to be patient as stocks sold off due to rising bond yields and uncertainty about the federal budget, saying the market will recover when the budget bill is passed. “We’re in the thick of it right now. The budget deficit is front and center. Hence the reckoning,” he…
Jim Cramer ran through each holding during the May Monthly Meeting on Wednesday. [title_words_as_hashtags
The market’s remarkable one-month turnaround from the tariff-induced rout may have many investors wondering how to position themselves for what lies ahead. The S & P 500 is above the level it traded on April 2, when President Donald Trump detailed his sweeping tariff policy. Stocks tumbled in the wake of that announcement and remained…
Check out the companies making headlines in midday trading. Target — The big-box retailer fell 4% on disappointing first-quarter results . Target also cut its full-year sales outlook, partly blaming falling consumer sentiment and uncertainty about tariffs. Toll Brothers — The stock added 2.8% after the homebuilder beat on both the top and bottom lines…
Traders work on the floor of the New York Stock Exchange (NYSE) on May 19, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images S&P 500 futures wavered early Wednesday following a losing session on Wall Street that snapped a winning streak. Futures tied to the broad index shed 0.3%,…
These are the stocks posting the largest moves in after-hours trading. [title_words_as_hashtags
Check out the companies making headlines in midday trading. D-Wave Quantum — The quantum computing stock surged 25.9% after announcing its latest computing system called Advantage2. Agilysys — The enterprise software developer for the hospitality industry rallied 22.1% after topping analysts expectations in its latest quarter. Agilysys reported fiscal fourth-quarter adjusted EBITDA of $14.8 million,…
