Stocks are little changed as investors evaluate rush of mixed earnings: Live updates

It's time to opportunistically buy shares of Boot Barn , according to Baird Equity Research. The firm upgraded shares of the Western apparel retailer to an outperform rating from neutral. However, analyst Jonathan Komp maintained his $167 price target, which is approximately 29% higher than where shares closed on Tuesday. Boot Barn stock has soared approximately 69% this year.

mountain chart As a catalyst, Komp cited Boot Barn's 20% Tuesday decline, which he attributed partially towards the surprise news that CEO Jim Conroy plans to leave for Ross Stores in November. However, Komp believes that near-term disruption risk will be reduced by the executive teams' leadership experience and by interim CEO John Hazen, who could be a solid permanent candidate for the role.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

McDonald's and Boeing: The two stocks Wall Street will keep an eye on WednesdayFrank Holland breaks down what traders are watching ahead of the new session.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Dow Jones Industrial Average rises on Wednesday as stocks extend reboundThe Dow Jones Industrial Average (DJIA) rallied another 300 points on Wednesday, extending a bullish turnaround after an early-week decline that briefly dragged the major equity index back below 42,000.
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »

China's CSI 300 plunges nearly 7% as Hong Kong stocks extend losses: Live updatesNew Zealand’s central bank slashed its policy rate by 50 basis points to 4.75%, while the Reserve Bank of India is expected to hold rates at 6.5%.
La source: NBCPhiladelphia - 🏆 569. / 51 Lire la suite »