Barclays reaffirmed their overweight rating on shares of Microsoft (NASDAQ:MSFT) in a research report sent to investors on Friday morning. Barclays currently has a $117.00 target price on the software giant’s stock, up from their previous target price of $108.00.
The outlook for oil is still bullish, according to Goldman Sachs Group Inc.
A plan by Saudi Arabia and Russia to revive production after over a year of curbs to clear a global glut signals supplies are currently tight, and isn’t a bearish development, analysts including Damien Courvalin wrote in a report. Even if the nations boost output by 1 million barrels a day, that would only....More>>>
Here’s a monthly recap of the top news in the gold mining sector, including drill results, takeover announcements and other relevant updates; the purpose is to keep readers up-to-date on news in the sector. Here’s my update for January in case you missed it.
These updates also provide a quick glance at the performance of my....More>>>
Last month, the Canadian government legalized recreational marijuana nationally, opening the floodgates to billions of dollars in marijuana investment.
This is just the latest development in a wave of legalization efforts over the last several years that are breaking through decades of stringent cannabis laws – and turning the top marijuana stocks into profit machines.
Earlier today, we noted that Goldman Sachs analystDavid Tamberrino had cut Tesla (TSLA) to Sell from Neutral, arguing that the Model 3 launch, solar business, and its need for cash skewed the risk to the downside. Should investors take their advice? Possibly, says the folks at Bespoke Investment Group, but not because of the Goldman Sachs downgrade.
Canadian factory sales unexpectedly fell in April, driven largely by refinery shutdowns, in what was a disappointing kick-off for manufacturing data in the second quarter.
The value of factory shipments dropped 1.3 percent, driven by a 10.9 percent decline in the petroleum and coal products industry, Statistics Canada said in a report Friday. The agency cited “partial shutdowns”....More>>>
Canadian crude surged by the most ever after Enbridge Inc. said it won’t implement a new procedure to stop shippers from claiming more space than they can use on a key pipeline linking Alberta’s oil sands with U.S. refineries.
Western Canadian Select jumped as much as $12.20 a barrel to $13.80 below the U.S. benchmark Monday, the narrowest spread since May 16. Canadian crudes....More>>>
In my post yesterday, I mentioned that investors with advisors – even run-of-the-mill ones – often do better than DIY investors, mainly because they’re following the program set by their advisor, and the advisor is following the program in which he or she was trained, which is to, well, stick with the program – in markets both good and bad.
Ingevity (NYSE:NGVT) had its price target increased by Loop Capital to $89.00 in a research note published on Wednesday. The brokerage currently has a $90.05 rating on the stock. The analysts noted that the move was a valuation call.
A number of other analysts have also weighed in on the
BP, (BP) gets a lot of interest from investors, and has a lot of articles written about it. Many of these articles feature the generous dividend the company pays, upon which many retirees rely for income. Other articles feature the depressed stock price relative to its cohort group,
The S&P 500 Consumer Staples Index has tanked 6% over the past month amid mixed first-quarter earnings from the group's biggest names. For some on Wall Street, Coca-Cola's (KO) report card disappointed in the area of pricing power both in the U.S. and Eur