News 

Analysts Anticipate OVLU To Hit $30

“Although UNVR has traded at a recent price of $22.68/share, the average analyst target is 16.11% higher at $26.33/share” writes Bnk Invest for nasdaq.com. For the Invesco Russell 1000—Value Factor ETF (Symbol: OVLU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $30.48 per unit.With OVLU trading at a recent price near $27.78 per unit, that means that analysts see 9.74% upside for this ETF looking through to the average analyst targets of the underlying holdings.A high price target relative to a…

Read More
News 

FedEx profit falls, company cites uncertainty over trade

“The results fell short of Wall Street expectations, and the company lowered its forecast of earnings through next spring” writes The Associated Press for seattletimes.com. MEMPHIS, Tenn. (AP) — Profit at FedEx fell 11% in its fiscal first quarter, as the package delivery company was buffeted by slower economic growth and the loss of business from retail giant Amazon.The Memphis, Tennessee-based company said it would cut costs, including scaling back capacity in its express air-delivery network after the peak holiday season. Source: seattletimes.com

Read More
News 

Walmart just unveiled an ambitious push into healthcare. Here’s why some of Wall Street’s top analysts think it could actually succeed in disrupting the $3.5 trillion industry.

“The move into healthcare could also help Walmart retain and grow traffic, the Morgan Stanley analysts said” writes Lydia Ramsey for businessinsider.com. Read more: Walmart is opening health clinics, but that’s just the start.Analysts see the new healthcare clinic as a strategy to make healthcare the next big driver of growth for Walmart.We got the full story from the exec leading its push into the $3.5 trillion US healthcare industry. Source: businessinsider.com

Read More
News 

Tariffs will be a positive for these retailers, according to UBS analysts

“Tariffs will have a positive impact on off-price retailers, according to UBS analysts, who upgraded TJX Cos” writes Tonya Garcia for marketwatch.com. “Tariffs are likely causing significant order cancellations from many full-price retailers, potentially creating opportunities for TJX to buy inventory very inexpensively,” UBS analysts led by Jay Sole wrote.SSI, +18.81% will convert nearly all of its shops, many of them department stores, to off-price stores sent shares soaring 16.5% in Tuesday trading. Source: marketwatch.com

Read More
News Stocks 

Are Options Traders Betting on a Big Move in Novavax Stock?

“Oftentimes, options traders look for options with high levels of implied volatility to sell premium” writes Zacks Equity Research for nasdaq.com. Clearly, options traders are pricing in a big move for Novavax shares, but what is the fundamental picture for the company?. That is because the Sep 20, 2019 $5.50 Call had some of the highest implied volatility of all equity options today.However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.Given the way analysts feel about Novavax right now, this huge implied…

Read More
Markets News Oil Stocks 

Why Analysts are Shifting Bullish After Big US Stock Market Bloodbath

“However, Doug Cote, chief market strategist at Voya Investment Management, said that several years ago, such an incident would have triggered a 5% drop in the stock market, emphasizing that the U.S. stock market has grown to become more resilient in the past two to three years” writes Joseph Young for ccn.com. Consequently, the U.S. stock market saw its recent momentum dwindle as the Dow Jones ended its two-month-long win streak.Ironically, China, whose economy has been on a decline in recent months, could prevent the U.S. stock market from a…

Read More
Crypto News 

New Linux Malware Mines Crypto While Remaining Undetectable

“Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden” writes Joeri Cant for cointelegraph.com. According to the analysts, this malware is particularly notable because of the way it loads malicious kernel modules to hide its cryptocurrency mining operations.Besides running a cryptojacking campaign on the infected machine, the malware reportedly gives attackers “unfettered access” to the affected system. According to the report, cryptojacking has been on the rise, with a 29% increase in cryptojacking campaigns. Source: cointelegraph.com

Read More
News Stocks 

GameStop’s new CEO and CFO reveal their plan to repair the company’s decimated stock price after a brutal year in which hundreds of millions of dollars in value were wiped out

“GameStop The gradual decline in GameStop’s stock price, seen above, represents hundreds of millions of dollars in lost value” writes Ben Gilbert for businessinsider.com. Look no further than the company’s 2019 stock performance for evidence of that: GameStop’s stock price has been in steady decline since mid-January, and has plateaued around $4.Sherman is employing radical transparency as a means of improving analyst sentiment on GameStop’s stock price, and that started in last week’s earnings call.So, what can GameStop due to fix its stock price?. Yet, by early 2019, the world’s…

Read More
News 

Lowe’s upgraded as CEO Ellison’s plan shows signs of growth

“LOW, +0.38% was upgraded to outperform from neutral at Wedbush based on growth signals resulting from Chief Executive Marvin Ellison’s growth plan for the home improvement retailer” writes Tonya Garcia for marketwatch.com. Wedbush analysts led by Seth Basham also raised Lowe’s price target to $135 from $115.In addition, analysts say Lowe’s is closing the same-store sales gap with its biggest competitor Home Depot Inc. Source: marketwatch.com

Read More
News 

Private equity firms are already interviewing associates that start in 2021 — their earliest-ever hiring kickoff shows how crazy the battle for talent has gotten

“Private equity firms have recruited earlier and earlier, because of how difficult it is to assess talent so early on” writes Casey Sullivan for businessinsider.com. Private equity firms are already interviewing first-year investment banking analysts to fill 2021 associate positions, marking the earliest-ever kickoff to recruiting for those roles, sources told Business Insider.PE firms have been racing to lock down talent to hire associates, pushing up the timeline of extending offers to investment banking analysts earlier and earlier.That highlights the escalating war for talent in the financial sector as more…

Read More