Ascendiant analyst Edward Woo downgraded GameStop to Sell from Hold with a price target of $10, down from $12. The stock closed Friday down 7% to $158.36. The Reddit trading surge" is likely to fade as "digital threats increases," Woo tells investors in a research note. The analyst sees...
One of the key questions for 2021 is: Will inventory increase as the pandemic subsides, or will inventory decrease further in 2021?Tracking inventory will be very important this year.Click on graph for larger image in graph gallery.This inventory graph is courtesy of Altos Research.As of April...
BTIG analyst Gray Powell upgraded Okta (OKTA) to Buy from Neutral with a $280 price target. Recent field checks indicate demand trends in the broader identity market should improve in 2021 from 2020, due mainly to strength in customer identity initiatives, Powell tells investors in a research...
Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance.This data is as of April 6th.From Black Knight: U.S. Sees Largest Weekly Forbearance Decline in Six MonthsWe continue to see great improvements in forbearance plan...
The DOL reported:In the week ending April 3, the advance figure for seasonally adjusted initial claims was 744,000, an increase of 16,000 from the previous week's revised level. The previous week's level was revised up by 9,000 from 719,000 to 728,000. The 4-week moving average was 723,750,...
Thursday, April 8, 202110:14 AM EST - Calibre Mining Corp. : Provided an update on the Borosi exploration project held under an earn-in option agreement between Rio Tinto Exploration and Calibre. Calibre controls a 100% interest in the Borosi concessions located in the prolific Mining Triangle...
Jefferies analyst George Notter raised the firm's price target on Calix (CALX) to $52 from $40 and keeps a Buy rating on the shares. The analyst is "very excited" about the rural broadband investment theme. New Federal money coming into the market will drive "sizable, long-lasting growth" for...
Currently "For Sale" housing inventories are at record low levels. What could lead to more supply in the short term? Here are the organic reasons.First, as the pandemic subsides, potential sellers will be more willing to list their homes (and allow strangers into their homes). So I...