— Albemarle shed 3.3% after Bank of America downgraded the chemicals manufacturing stock to underperform from neutral. The bank significantly cut its earnings forecast for Albemarle and lowered its price target to $195. The new target implies the stock could fall about 7% from Tuesday's close.
— Shares of the potato processing giant were up about 1% ahead of the company's scheduled earnings release on Thursday. Bank of America included Lamb Weston in its recent list of short-term stock picks for the second quarter, saying it is optimistic the company will beat consensus earnings estimates.
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10 value stocks expected to act like growth stocks through 2024These companies are expected to put up vastly improved numbers for sales, earnings and cash flow over the next two years. Interesting! What stocks are included in the list? Interesting! What stocks are they?
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Johnson & Johnson stock up 3% as company sets aside $8.9 billion to settle talc claimsJohnson & Johnson stock rose nearly 3% in the extended session Tuesday after the company said it was setting aside $8.9 billion to settle claims connected...
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