My top 10 things to watch Wednesday, Aug. 28 1. Wall Street was heading for a slightly lower open after the Dow closed at another record and the S & P 500 came within a whisper of one as well. The Nasdaq was still about 5% away from its all-time high. In a Tuesday commentary , we explored why investors are rotating out to tech stocks as the Fed gets ready to cut interest rates next month. 2.
Wells Fargo lowered its price target to $130 per share from $145 but kept its overweight buy rating on the stock. 8. SentinelOne reported in-line financial results. I would have expected more if this company were really challenging CrowdStrike , which reports after Wednesday's close. But analysts are happy with SentinelOne and raised price targets. In cybersecurity, we own Palo Alto Networks , which has come off the boil after a post-earnings pop earlier this month. 9.
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