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

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Stock Markets समाचार

Markets,Breaking News: Markets,Advanced Micro Devices Inc

Stocks were muted Wednesday as traders digested a deluge of earnings results and looked toward further reports from major technology companies.

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.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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