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Tesla Downgraded As The Street Grows Cautious On Model 3
Friday, October 27, 2017 - 12:21pm | 389Read More...Analyst at Evercore ISI think the bullish case for owning Tesla Inc (NASDAQ: TSLA) has come to an end. The firm's George Galliers downgraded Tesla's stock rating from Outperform to In Line with a price target lowered from $330 to $312. Tesla's Model 3 sedan happens to be the company's most "...
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The BLUE And The BOLD; Analyst Suggests Pair Trade Ahead Of Year-End Catalysts
Monday, October 16, 2017 - 1:30pm | 450Read More...Evercore ISI on Monday outlined a pair trade in the biotech sector, with the firm upgrading shares of bluebird bio Inc (NASDAQ: BLUE), while simultaneously downgrading those of Audentes Therapeutics Inc (NASDAQ: BOLD). The firm upgraded shares of Bluebird from In-Line to Outperform, while it...
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The Current Bull And Bear Case For Nvidia
Wednesday, October 11, 2017 - 9:21am | 351Read More...NVIDIA Corporation (NASDAQ: NVDA), one of the hottest stocks of 2016 is making a case to retain the title for 2017. But with lots of time remaining in the calendar year and a much richer valuation, the bull versus bear debate will continue to be heavily contested. Part of Nvidia's bull run has been...
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Here's Why The Strength In Small-Cap Stocks Won't Last
Thursday, July 20, 2017 - 12:48pm | 314Read More...Small-cap stocks as measured by the iShares Russell 2000 Index (ETF) (NYSE: IWM) hit an all-time high this week, but investors should look to take some of their profit off the table, at least according to Rich Ross of Evercore ISI. Taking a step back, the Russell 2000 has been showing some signs of...
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WideOpenWest Quiet Period Expires
Monday, June 19, 2017 - 12:03pm | 441Read More...WideOpenWest Inc (NYSE: WOW) shares are down 1.6 percent on Monday after a tidal wave of Wall Street analysts commented on the stock on Monday. WideOpenWest’s May 25 IPO has mostly been a disappointment for investors. The stock debuted roughly $1 below its $17 price, an in its first 25 days...
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Rich Ross Is Bullish On Goldman Sachs
Thursday, June 1, 2017 - 4:33pm | 129Read More...Rich Ross of Evercore ISI shared with the viewers of CNBC's "Trading Nation" his trading idea in Goldman Sachs Group Inc (NYSE: GS). He said the stock pulled back around 18 percent of its March highs, which is a one third retracement of its move higher from the October lows. He added that Goldman...
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Is It Too Late To Buy High-Yield Utilities?
Wednesday, May 31, 2017 - 11:34am | 380Read More...The utilities index and its corresponding exchange-traded fund, the Utilities SPDR (ETF) (NYSE: XLU) hit a new 52-week high on Tuesday and is up 10 percent in 2017. With that said, Evercore ISI's technician Rich Ross doesn't think it's too late for investors who sat on the sidelines to...
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Rich Ross Is Bullish On S&P 500
Thursday, May 25, 2017 - 4:29pm | 151Read More...Rich Ross of Evercore ISI shared with the viewers of CNBC's "Trading Nation" his technical analysis of the S&P 500. He said that the S&P 500 managed to break out from the well defined trading range on Thursday. The height of the range was 70 points and Ross added that number...
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Rich Ross Is Bullish On Morgan Stanley
Wednesday, April 19, 2017 - 4:14pm | 121Read More...Rich Ross of Evercore ISI spoke on CNBC's Trading Nation about Morgan Stanley (NYSE: MS). He believes the stock should be bought after it jumped approximately 2 percent on better than expected earnings. He is bullish because the stock bounced of a significant technical support. He explained...
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Rich Ross Thinks The 'Trump Rally' Is Still Intact
Wednesday, March 22, 2017 - 4:43pm | 133Read More...Rich Ross of Evercore ISI said on CNBC's Trading Nation that the up trend isn't over after the pullback on Tuesday. He noticed on a chart of SPDR S&P 500 ETF Trust (NYSE: SPY) that the ETF bounced of its 50-day moving average. He sees that as a bullish sign, because the 50-day moving...
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Caterpillar Showing Weakness Despite Evercore Boost
Wednesday, March 8, 2017 - 11:05am | 375Read More...Shares of Caterpillar Inc. (NYSE: CAT) were down in the Wednesday’s pre-market hours, despite Evercore having said the company will raise its guidance next month. The downward movement suggests investors are still concerned over the negative impacts of the last week Federal raids at the...
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There Could Be Management Changes Or Divestitures At AIG After P&C Improvement Plan Miss
Thursday, February 16, 2017 - 2:40pm | 490Read More...Evercore ISI expects American International Group Inc (NYSE: AIG) to miss its current accident year loss ratio guidance for 2017 and suggests the insurer may consider management changes or divestitures. The comments came after a $5.6 billion reserve charge led AIG to report a bigger loss of $3.04...
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Mobileye Spikes On Volkswagen REM Cooperation
Monday, February 13, 2017 - 1:49pm | 332Read More...Mobileye NV (NYSE: MBLY) shares popped 7 percent Monday after Reuters confirmed the company's cooperation with Volkswagen AG (OTC: VLKAY) on navigation standards for autonomous vehicles. The partnership is aimed to transform road experience management (REM) systems by 2018. According to a press...
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Evercore's Take On The Walgreens-Rite Aid Merger Amendment
Tuesday, January 31, 2017 - 8:23am | 434Read More...Evercore ISI maintained its Buy rating on Walgreens Boots Alliance Inc (NASDAQ: WBA) saying there is still chance of a reasonable outcome for both parties, despite the amendment to the merger, due to a material drop in the EBITDA/financial conditions of Rite Aid Corporation (NYSE: RAD). The...
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Wall Street Has Absolutely No Idea What To Make Of Disney
Wednesday, January 18, 2017 - 2:45pm | 637Read More...Walt Disney Co (NYSE: DIS)'s shares had a roller coaster ride in 2016, which ended with a loss of 0.82 percent. Fundamental performance was also lackluster, with the company reporting below-consensus results in the fiscal second and fourth quarters of 2016, while it trumped estimates in the first...












