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Tyson Foods Downgraded, Removed From JP Morgan Focus List
Monday, October 26, 2015 - 7:43am | 271Read More...Shares of Tyson Foods, Inc. (NYSE: TSN) have surged 22.74 percent in the last six months, hitting a high of $47.44 on October 23. JP Morgan’s Ken Goldman has downgraded the rating on the company from Overweight to Neutral, with a price target of $47. While removing the stock from JP...
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Wall Street Defends AbbVie, Says Reaction Is Overdone
Friday, October 23, 2015 - 9:07am | 507Read More...Shares of AbbVie Inc (NYSE: ABBV) plunged more than 10 percent on Thursday, hitting a new 52-week low of $45.45. The FDA requested that the company update its HCV treatment Viekira's label to reflect several cases of liver injury. Matthew Harrison of Morgan Stanley and Chris Schott of...
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General Motors Breaks Out; Citi And JPMorgan Are Buying
Thursday, October 22, 2015 - 10:04am | 452Read More...General Motors Company (NYSE: GM) has seen 16.55 percent increase in its share price over the past three months to a high of $35.42 on October 21. J.P. Morgan’s Ryan Brinkman reiterated an Overweight rating on the company, while raising the price target from $45 to $47. Citi’s...
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J.P. Morgan Thinks GoPro Investors Can Win From This
Wednesday, October 21, 2015 - 10:13am | 319Read More...Shares of GoPro Inc (NASDAQ: GPRO) have fallen 50.15 percent over the past three months, touching a low of $27.60 on Oct 8. J.P. Morgan’s Paul Coster has maintained an Overweight rating on the company, with a price target of $75. Coster believes that concerns regarding a rapid...
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J.P. Morgan: SanDisk-Western Digital Could Be 'Powerhouse'
Tuesday, October 20, 2015 - 9:34am | 342Read More...SanDisk Corporation (NASDAQ: SNDK) shares are down 29 percent year-to-date, remaining below the $80 mark since end-March. JP Morgan’s Harlan Sur maintained an Overweight rating on the company. A potential bid for the company by Western Digital Corp (NASDAQ: WDC) could create a...
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CSX Corp Added To Focus List At J.P. Morgan
Monday, October 19, 2015 - 4:56pm | 286Read More...CSX Corporation (NYSE: CSX) shares have declined 24.98 percent year to date, touching a low of $25.31 on August 25. J.P. Morgan’s Brian P. Ossenbeck has maintained an Overweight rating on the company, with a price target of $39. Ossenbeck has added CSX Corp to J.P. Morgan’s...
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Are Investors Overlooking Box's IBM Connection? They Might Be
Friday, October 16, 2015 - 11:01am | 342Read More...Box, Inc. (NYSE: BOX) has seen a decline of 43.61 percent in its share price year-to-date, with the shares hitting a low of $11.09 on October 7. JP Morgan’s Mark R. Murphy has upgraded the rating on the company from Neutral to Overweight, while lowering the price target from $21 to $18...
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Time To Go Overweight Opko, JP Morgan Says
Friday, October 16, 2015 - 9:38am | 333Read More...Shares of Opko Health, Inc. (NYSE: OPK) have risen 7.41 percent over the last five trading days, touching a high of $9.568 on Thursday. JP Morgan’s Dana Flanders has initiated coverage of the company with an Overweight rating and price target of $14. Flanders believes that Opko...
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Wall Street's Patience 'Running Thin' With Airline Stocks
Tuesday, October 13, 2015 - 11:18am | 456Read More...JP Morgan has updated its outlook for U.S. airliners. The firm sees both negatives and positives in the industry these days, but believes investors are growing impatient. The firm has downgraded JetBlue Airways Corporation (NASDAQ: JBLU) from Overweight to Neutral. In a new report, JP...
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JP Morgan Modeling For Increased Q4 iPhone Production Plan
Monday, October 12, 2015 - 10:00am | 290Read More...Apple Inc. (NASDAQ: AAPL) shares are down 12 percent since April 13, after having plummeted from above $132 in mid-July to $103 in mid-August. JP Morgan’s Rod Hall has an Overweight rating on the company. Semiconductor analyst Narci Chang said that robust demand has boosted Apple...
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JP Morgan Hikes SunEdison Price Target To $21: Here's Why
Friday, October 9, 2015 - 9:46am | 327Read More...Sunedison Inc (NYSE: SUNE) has seen an increase of 27.36 percent in its share price over the last five trading days, from the low of $6.90 on October 2. JP Morgan’s Mark Strouse has maintained an Overweight rating on the company, while raising the price target from $19 to $21....
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Wells Fargo Upgraded At This Major Firm, Bank Is Steady Amid Uncertainty
Friday, October 9, 2015 - 9:17am | 355Read More...Wells Fargo & Co (NYSE: WFC) shares are down 5 percent since July 9, having declined from around $58 to $50 in August. JP Morgan’s Vivek Juneja upgraded the rating on the company from Neutral to Overweight, while reducing the price target from $59.50 to $58.50. With an...
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J.P. Morgan Hikes Disney Estimates, Says Stock Still 'Top Pick'
Thursday, October 8, 2015 - 9:23am | 402Read More...Walt Disney Co (NYSE: DIS) shares have plummeted 12 percent since July 8, trading close to the $100 mark through September. JP Morgan’s Alexia S. Quadrani maintained an Overweight rating on the company, with a price target of $130. Quadrani said that the company is likely to report...
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Blue Buffalo Added To JPMorgan 'Focus List' After Sell-Off
Monday, October 5, 2015 - 10:12am | 349Read More...Blue Buffalo Pet Products Inc (NASDAQ: BUFF) shares have declined 34 percent year-to-date, and are trading close to the low-end of their 52-week range of $17.09 - $28.80. JP Morgan’s John Faucher maintained an Overweight rating for the company, while reducing the price target from $32...
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JP Morgan Upgrades Celgene, Says 'Too Cheap To Ignore'
Thursday, October 1, 2015 - 7:53am | 304Read More...Shares of Celgene Corporation (NASDAQ: CELG) have declined 8.35 percent over the past month, touching a low of $104.52 on September 28. JP Morgan’s Cory Kasimov has upgraded Celgene from Neutral to Overweight, with a price target of $152. Kasimov believes that the stock’s...
