News Formal

Stocks are little changed as Dow hovers near record highs: Live updates

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 72%

Breaking News: Markets Berita

Stock Markets,Markets,United States

Investors were awaiting Nvidia's earnings, due out after Wednesday's closing bell.

Casual apparel retailer Hanesbrands could see a long-awaited turnaround, according to UBS. Analyst Jay Sole lifted his price target by $1.50 to $6.50, which implies just 3.3% potential upside for shares. The company's stock price has declined roughly 75% since March 2015, compared to the S & P 500 's 170% gain, he pointed out. This year, Hanesbrands is up more than 48%. Shares jumped 6% on Tuesday, reaching a 52-week high.

'Following our meeting with management we believe HBI has an opportunity to flip the narrative around the stock for the first time in many years. This scenario is contemplated in our upside case,' Sole said in a Tuesday note. 'However, our rating remains Neutral. We want to see more evidence HBI can execute its strategy before considering recommending the stock.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stock Market Today:Dow in record close as cyclical stocks shine amid tech rotationStock Market Today:Dow in record close as cyclical stocks shine amid tech rotation
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Dow Jones, Nasdaq, S&P 500 weekly preview: Economic data still key for stocksDow Jones, Nasdaq, S&P 500 weekly preview: Economic data still key for stocks
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Stocks rally for second-straight day, with the Dow up 200 pointsBrian Evans is an investing trends reporter for CNBC Pro.
Sumber: NBCNewsHealth - 🏆 707. / 51 Baca lebih lajut »

CNBC Daily Open: Dow sheds 1,000 points, Japan stocks reboundS&P 500 posts worst day since 2022 in global market sell-off. Google loses antitrust case. Japan stocks rebound
Sumber: NBCNewYork - 🏆 270. / 63 Baca lebih lajut »

CNBC Daily Open: Dow sheds 1,000 points, Japan stocks reboundS&P 500 posts worst day since 2022 in global market sell-off. Google loses antitrust case. Japan stocks rebound
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »