Tuesday, August 23, 2022

How low can they go? These stock analysts are issuing $0 and $1 price targets

Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don't often issue overly skeptical research reports on the companies they cover. And they tend not to ask executives tough questions on earnings calls, leaning toward a more "Great quarter, guys!" approach.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
How low can they go? These stock analysts are issuing $0 and $1 price targets
Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don't often issue overly skeptical research reports on the companies they cover. And they tend not to ask executives tough questions on earnings calls, leaning toward a more "Great quarter, guys!" approach. Read more »
 
Billionaire hedge fund manager Julian Robertson dies at 90
Billionaire investor Julian Robertson, whose Tiger Management once ranked among the world's biggest and most successful hedge funds and who trained several generations of prominent fund managers known as Tiger Cubs, has died at age 90. Read more »
 
Gas prices drop 70 days in a row in the second-longest streak since 2005
Drivers have something to smile about: A historic drop in gasoline prices. Read more »
 
Zoom gets slammed: Stock plunges on weak outlook
The pandemic lift for Zoom has gone poof. Read more »
 
Some Kia and Hyundai SUVs should be parked outside over fire risk
Owners of some Hyundai and Kia SUVs that were recently recalled over fire risks should park their vehicles outside and away from homes until their cars are repaired, the US Department of Transportation said on Tuesday. Read more »
 
How to get half off Subway footlongs for a month
It's not $5, but Subway's newest subscription program makes the price of its footlong even more appetizing. Read more »
 
 
 
 
Dow Nasdaq S&P
-154.02   -0.27   -9.26
32,909.59   12,381.30   4,128.73
-0.47%   0.00%   -0.22%
YTD -9.44%   YTD -20.86%   YTD -13.37%
 
Biggest Winners
Halliburton Co +6.95%
 
Occidental Petroleum Corp +6.90%
 
Schlumberger NV +6.61%
 
Freeport-McMoRan Inc +6.46%
Biggest Losers
Twitter Inc -7.32%
 
Healthpeak Properties Inc -3.16%
 
Medtronic PLC -3.08%
 
Elevance Health Inc -2.72%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $93.83 +3.47 / +3.84%
Gold $1,761.60 +13.20 / +0.75%
10-yr 3.05% +0.02
Euro $1.00 +0.00 / +0.32%
More Markets Now
 
Watch the live digital show, now every Wednesday 12 p.m.
to 12:15 p.m. ET.
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNow@cnn.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNow@cnn.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2022 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

Have You Ever…

No, seriously - I am curious. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ...