Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
Institutional investors and professional traders rely on The Fly to learn which companies the best analysts on Wall Street are saying to buy and sell....
Category : Uncategorized
Wedbush ups Rivian target, says story ‘starting to turn the corner’
Wedbush analyst Daniel Ives raised the firm’s price target on Rivian Automotive to $40 from $30 and keeps an Outperform rating on the shares. After...
Twitter price target lowered to $43 at Wedbush to reflect Musk deal uncertainty
Wedbush analyst Daniel Ives lowered the firm’s price target on Twitter (TWTR) to $43 from the $54 deal price, citing uncertainty related to Elon Musk’s...
Japan’s Former Prime Minister Shinzo Abe Is Assassinated
Shinzo Abe, the former prime minister of Japan, has been assassinated while delivering a public speech. The 67-year-old, who was Japan’s longest serving prime minister,...
RBC Forecasts A 2023 Recession In Canada
Economists at Royal Bank of Canada (RY) are forecasting that the country will fall into a “moderate and short-lived” recession in 2023. Royal Bank, commonly...
Canadian Retailer Aritzia’s Q1 Profit Rises 86% to $33.3 Million
Leading Canadian fashion retailer Aritzia (ATZ) reported that its first quarter net profit grew 86%to $33.3 million, or $0.29 per share. The Vancouver-based company attributed...
Via Rail Given Strike Notice By Union
Via Rail is warning of service disruptions after receiving a strike notice from a union representing more than 2,000 of its workers. The passenger rail...
Elon Musk’s Deal To Buy Twitter Reported To Be In Jeopardy
Shares of Twitter (TWTR) are down nearly 5% on widespread media reports that Elon Musk’s deal to buy the social media company is in jeopardy....
Canada’s Trade Surplus At Highest Level Since 2008
Canada’s trade surplus reached $5.3 billion in May, its highest level since 2008, as global prices for crude oil remain elevated. The May surplus was...
Good news is bad news
The much-awaited Labor Department report shows that nonfarm payrolls soared by 372,000 jobs last month after rising by 390,000 in May, which is much higher...