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Here are Tuesday's biggest calls on Wall Street: Wells Fargo upgrades Air Products to overweight from equal weight Wells Fargo said it sees robust earnings growth. JPMorgan reiterates Alphabet as overweight JPMorgan said it's standing by its overweight rating heading into earnings next week. " JPMorgan upgrades Viasat to overweight from neutral JPMorgan said it sees an attractive entry point for the satellite company. " JPMorgan upgrades CyberArk to overweight from neutral JPMorgan said it sees "accelerating demand" for the cyber company. JPMorgan initiates Teck Resources as overweight JPMorgan said the metals and mining company is its preferred play. "
Persons: Wells Fargo, GOOGL, Wells, Horton, Stifel, Raymond James, Lam, Tesla, MBLY, Goldman Sachs, Bernstein, Morgan Stanley, Hannon, JPMorgan Organizations: Air Products, JPMorgan, Homebuilding, MAS, FERG, UW, Lam Research, Materials, Microsoft, Viasat, Citi, Exxon Mobil, Hannon Armstrong Sustainable Infrastructure Capital, Bank of America, Apple, of America, Pro, Teck Resources Locations: Wells, LEN, China, HASI
Get ready for the next solar eclipse in April 2024
  + stars: | 2023-10-16 | by ( Ashley Strickland | ) edition.cnn.com   time to read: +7 min
Sky-gazers across North America are in for a treat in 2024 when a total solar eclipse will pass over Mexico, the United States and Canada. That’s likely because a total solar eclipse won’t be visible across the contiguous US again until August 2044. The total solar eclipse will be visible in parts of Mexico, Canada and more than 10 US states, while a crescent-shaped partial solar eclipse is expected to appear in 49 states — weather permitting. During the 2017 total solar eclipse, a young woman was diagnosed with solar retinopathy, retinal damage from exposure to solar radiation, in both eyes after viewing the eclipse with what doctors believed were eclipse glasses not held to the safety standard. If you bought eclipse glasses to see the “ring of fire,” save your eclipse glasses and viewers for the total solar eclipse in April by storing them at room temperature in an envelope or their original packaging to avoid scratches.
Persons: Aubrey Gemignani, It’s, Prince Edward Island, Bruce Bennett Organizations: CNN, Americas, NASA, Planetary Society, American Astronomical Society Locations: North America, Mexico, United States, Canada, Oregon, Ocean, Texas , Oklahoma , Arkansas , Missouri , Illinois , Kentucky , Indiana , Ohio, Pennsylvania, New York , Vermont , New Hampshire, Maine, Ontario, Quebec , New Brunswick, Prince, Nova Scotia, Newfoundland
UBS upgrades UnitedHealth to buy from neutral UBS called the stock a "core holding." Jefferies upgrades Pfizer to buy from hold Jefferies said investors should buy the dip in shares of Pfizer. UBS initiates Evolent Health as buy UBS said it sees more upside for the health-care company. Morgan Stanley upgrades Varonis Systems to overweight from equal weight Morgan Stanley said the data security and analytics company has "underappreciated AI tailwinds." UBS upgrades Tal Education to buy from neutral UBS said a turnaround for the education tech company is underway.
Persons: Morgan Stanley, Apple, Jefferies, Goldman Sachs, Horton, Piper Sandler, Tesla, Truist, Stifel Organizations: Apple, JPMorgan, Nvidia, NVIDIA, UBS, UNH, Jefferies, Pfizer, Maplebear Inc, Disney, US Parks, Evolent Health, payors, Varonis, Nice Systems, NICE, Netflix, ISI, Tal Education, RBC, BMO, Energy, Colgate, Palmolive Locations: UNH, U.S
Millions were within the path of the annular solar eclipse as it created a “ring of fire” in the sky over North, Central and South America. The moon completely crosses in front of the sun during the annular solar eclipse on Saturday in Albuquerque, New Mexico. Sam Wasson/Getty ImagesDuring an annular solar eclipse, the moon is at the farthest point in its orbit from Earth, so it can’t completely block the sun. And if you missed out on seeing this year’s annular eclipse, sky-gazers across North America are in for a treat on April 8, 2024 when a total solar eclipse will pass over Mexico, the United States and Canada. So hold onto your certified eclipse glasses, solar viewers and solar filters for your camera — you can use them again in April to safely view another scintillating event.
Persons: Sam Wasson, Patrick T, Fallon Organizations: CNN, 51st, Getty Locations: Central, South America, Albuquerque , New Mexico, Oregon, Brazil, 51st Albuquerque, AFP, North America, Mexico, United States, Canada
A "ring of fire" can be seen around the moon during an annular eclipse visible from Chiayi in southern Taiwan on June 21, 2020. Alberto Buzzola/LightRocket/Getty ImagesSaturday’s annular solar eclipse will create a dazzling “ring of fire” across the Americas. Make sure you have certified eclipse glasses or solar viewers, and check out our tips to safely take in every aspect of the annular or partial eclipse, depending on where you are. Clouds may spoil the view for some, and the eclipse may even affect the weather, but never fear: NASA will share live streams from multiple locations within the path of the annular eclipse. They find wonder in planets beyond our solar system and discoveries from the ancient world.
Persons: it’s, Alberto Buzzola, Thyra, , Lisbeth, Erika Blumenfeld, Joseph Aebersold, REx, Dante Lauretta, Sriram Murali, Laurent Ballesta, Luke Skywalker, Jimmy Buffett, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, Viking, National Museum of Denmark, University of Arizona, London’s, Museum, Tiger, Wildlife, “ Star, Florida, CNN Space, Science Locations: Taiwan, United States, Oregon, Texas, Gulf, Nevada , Utah, New Mexico, California , Idaho , Colorado, Arizona, Mexico, Belize, Honduras, Panama, Colombia, Natal, Brazil, Denmark, Viking, Copenhagen, Norway, Tamil, California
How to watch the ‘ring of fire’ eclipse
  + stars: | 2023-10-13 | by ( Ashley Strickland | ) edition.cnn.com   time to read: +7 min
CNN —On Saturday, a celestial spectacle will occur over North, Central and South America as an annular solar eclipse creates a “ring of fire” in the sky. The annular solar eclipse will begin in the United States at 9:13 a.m. PT (12:13 p.m. To view the annular eclipse safely, wear certified ISO 12312-2 compliant solar eclipse glasses or use a handheld solar viewer. Eclipse glasses allow for the safe viewing of all phases of an annular or partial solar eclipse. The small holes will reflect the sun’s crescent during a partial eclipse or a ring during the annular eclipse.
Persons: CNN —, , Mitzi Adams, Alberto Buzzola, you’ll, Kelly Korreck, David Gray, Bill Ingalls Organizations: CNN, NASA, Science, Marshall Space, American Eclipse, American Astronomical Society Locations: North, Central, South America, United States, Oregon, Gulf Coast, Texas, Nevada , Utah, New Mexico, California , Idaho , Colorado, Arizona, Mexico, Belize, Honduras, Panama, Colombia, Natal, Brazil, Taiwan, Alaska, Albuquerque , New Mexico, Kerrville , Texas, White Sands , New Mexico
Here's what causes a solar eclipse, how often they happen, and how to watch without burning your eyes. What an annular solar eclipse is, and what causes itThe entire sequence of an annular solar eclipse, from the beginning to the ring of fire. After that, the contiguous US won't see another total solar eclipse until 2044, or an annular eclipse until 2046. AdvertisementAdvertisementThe paths of the October 2023 annular solar eclipse (left) and the 2024 total solar eclipse (right). How to view a solar eclipse without burning your eyesIf you look at a solar eclipse with no protection, you could damage your eyes.
Persons: , annularity, MDT, you'll, goh keng cheong, Guhathakurta, Sertac Kayar, Alex Lockwood, Donald Trump, Melania, Barron, Kevin Lamarque, Connie Moore Organizations: Service, NASA, NASA's, US, White, National Park Service, NPS Locations: Oregon, Texas, annularity Eugene, , California, , Nevada, Richfield , Utah, MDT Albuquerque, New Mexico, MDT San Antonio , Texas, Colorado, New York, Diyarbakir, Turkey, Maine, Corpus Christi , Texas
That's why smart gamers know to take advantage of big sales events like Prime Day, where gaming hardware drops to all-time low prices. I've served as one of Insider's resident gaming experts for years, and I've written dozens of guides to help gamers make the most out of their money. This year, I'm using Prime Day to upgrade my PC gaming setup, and I want to help you build your own PC battlestation too, even if you're on a tight budget. Here's a collection of fantastic Prime Day deals that you can use to turn your den or office into a true PC gaming paradise, all for under $500. Act quickly, though — Prime Day deals end at midnight PT tonight, and I expect that some of these deals might sell out before then.
Persons: I've
Insider first reported on September 7 that Flexport was planning layoffs , the day after its former CEO Dave Clark departed. Team,Today I have a difficult decision to share: We will reduce the size of our global team by approximately 20% with the process starting tomorrow, Friday, October 13. We will also maintain a small team of dedicated recruiters to help departing Flexport employees look for their next opportunity. This team will work closely with over 300 companies that have expressed an interest in hiring departing Flexporters to match opportunities with impacted employees. We see endless opportunities for technology to improve on-time performance and reliability, upgrade compliance processes, and save businesses money in their global supply chain.
Persons: Flexporters, Flexport, Dave Clark, Petersen, You'll, we'll, Ryan Organizations: Street, Team, People, Employees Locations: U.S, Canada, Europe, Africa, Asia
Goldman Sachs reiterates Amazon as buy Goldman Sachs said it's standing by its buy rating ahead of earnings later this month. Citi reiterates Netflix as buy Citi said it's standing by its buy rating on the stock heading into earnings next week. Bank of America reiterates Ford as buy Bank of America said its standing by its buy rating on the stock despite the strike at Ford's largest truck plant. Bank of America upgrades Target to buy from neutral Bank of America said it sees an attractive risk/reward for Target shares. " RBC downgrades ResMed to sector perform from outperform RBC said in its downgrade of ResMed that it sees slowing earnings growth.
Persons: Warby Parker, BTIG, Goldman Sachs, Morgan Stanley, it's, JPMorgan, Bernstein, underperform Bernstein, CLX, Ford, Wells, Wells Fargo, Truist, it's bullish, D.A, Davidson Organizations: Citi, Netflix, 4Q23, Barclays, Spotify, Taiwan Semiconductor, JPMorgan, RBC, BMO, Bank of America, Ford's, UAW, Detroit, underperform Bank of America, 3Q, Microsoft, " Bank of America, of America, Exxon Mobil, Exxon, Pioneer, Seaport, Mizuho Locations: 2H24
Here are Wednesday's biggest calls on Wall Street on Wednesday: Goldman Sachs upgrades Shoals to buy from neutral Goldman Sachs said the solar company is very attractive. Morgan Stanley upgrades Cava to overweight from neutral Morgan Stanley said it's gaining confidence in the restaurant chain. JPMorgan upgrades CSX to overweight from neutral JPMorgan said rail concerns have already played out. JPMorgan upgrades Iris Energy to overweight from neutral JPMorgan said the bitcoin mining company is "best-in-class." JPMorgan initiates CleanSpark as overweight JPMorgan said the bitcoin miner offers "relative value."
Persons: Goldman Sachs, Wells, Wells Fargo, TD Cowen, Cowen, Stephens, Raymond James, it's bullish, Morgan Stanley, Cava, it's, UBS downgrades Morgan Stanley, Oppenheimer, Needham, Robinhood, MAUs, Truist, Piper Sandler, JPMorgan, Mizuho, SoFi, SOFI, Leerink, Apple Organizations: Netflix, JPMorgan, CSX, Nvidia, Iris Energy, Energy, UBS, Boeing, Oppenheimer downgrades Texas, Texas, Qs, Logistics, Amazon, Arista Networks, Barclays, Ball Corporation, Apple, Walmart, Deutsche Bank, Cboe Locations: CAVA, OW, U.S, China, ANET, SoFi
Learn morePrime Day gaming deals are back in action as we get our second Prime Day event in 2023. If you'd like a look at the highlights from the wider sale, head on over to our Prime Day deals live roundup. It'll run through midnight PT on October 11, but don't dawdle, since the best deals are sure to sell out fast. The best Prime Day gaming PC dealsThe best Prime Day gaming monitor dealsThe best Prime Day gaming headset, webcam, and microphone dealsThe best Prime Day gaming mouse and keyboard dealsThe best Prime Day gaming accessory dealsAre mechanical keyboards actually better for gaming than membrane keyboards? But Prime Day deals can still be massive.
Persons: We're, we've, We've, you've, it's Organizations: Logitech, Amazon, League
Check back often for the latest and best Prime Day mattress deals. Also, check out our liveblog covering the best Prime Day live for the entire sale event. Top 5 mattress dealsThe best Prime Day hybrid mattress dealsLeesa Sapira Hybrid Mattress (Queen) $1,699.00 $1,999.00 Save 15% The Leesa Sapira Hybrid Mattress has great edge support and motion isolation. The best Prime Day memory foam mattress dealsThe best Prime Day adjustable mattress dealsThe best Prime Day latex mattress dealsThe best competing mattress salesAvocado : Get up to $800 on mattresses. The best mattress for pressure relief in our guide to the best memory foam mattresses, the Casper Original, is now $260 off at Amazon.
Persons: you'll, It's Organizations: Amazon, Casper, Helix Locations: Casper, Leesa, Siena
Amazon's best Prime Day laptop deals include discounts on gaming laptops, touchscreen 2-in-1 laptops, and more. For more savings, check out our live roundup of all the best Prime Day deals. Top 5 Prime Day laptop dealsThe best Prime Day gaming laptop dealsAlienware's x16 is on sale right now for Prime Day. Christopher Gordon/InsiderThe best Prime Day budget laptop dealsThe already budget-friendly Acer Swift Go 14 laptop is even cheaper right now for Prime Big Deal Days. AmazonThe best Prime Day 2-in-1 laptop dealsThe ROG Flow Z13 is a laptop that can function like a tablet.
Persons: We've, Christopher Gordon, they're Organizations: Deal, HP, Asus, Microsoft, Amazon, Prime
Some the best Prime Day AirPods deals right now include all-time low prices for both the regular AirPods (2nd generation) and the premium AirPods Pro (2nd generation). And the noise-cancelling AirPods Pro (2nd generation) — with a USB-C or Lightning case — are down to a record-low of $190. And if you're looking for more discounts, check out our liveblog full of all the best Prime Day deals. The best Prime Day AirPods dealsWhat's the difference between regular AirPods and the AirPods Pro? Check out our AirPods Pro (2nd Generation) review and AirPods (2nd Generation) review for more details.
Persons: AirPods, Buyers Organizations: Deal, Amazon, AirPods
Learn moreWe're officially underway, and we're here live for the next 48 hours to bring you all the very best Prime Day deals as Amazon's monster sale rolls back into our sights. We also have some dedicated articles for specific categories, like Prime Day gaming deals, which covers multiple platforms. We also have another live blog with the latest Prime Day TV deals. Prime Day laptop dealsSee more laptop deals at AmazonPrime Day headphone dealsSee more headphone deals at AmazonPrime Day gaming dealsSee more gaming deals at AmazonPrime Day TV dealsSee more TV deals at AmazonPrime Day kitchen dealsSee more deals at AmazonPrime Day beauty dealsOPAUL Hair Clips for Women $7.97 $11.99 Save 34% A great claw clip can really change your whole hair game. See more beauty deals at AmazonPrime Day home dealsSee more home deals at AmazonPrime Day furniture dealsSee more furniture deals at AmazonPrime Day fashion dealsSee more fashion deals at AmazonPrime Day pet dealsSee more pet deals at AmazonMore Prime Day deals
Persons: There's, Apple, AirPods, VieBeauti Organizations: Deal, Amazon, Amazon Prime
Bank of America reiterates Apple as neutral Bank of America said Apple Services is the "next leg of growth." UBS reiterates Skechers as buy UBS said it's standing by its buy rating on shares of the shoe company. JPMorgan reiterates Disney as overweight JPMorgan lowered its price target on the stock to $120 per share from $125 but said it's standing by its overweight rating. Bank of America reiterates Block as buy Bank of America said investors should buy the dip in shares of the company formerly known as Square. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said it's standing by its overweight rating on Microsoft shares.
Persons: Wells, Wells Fargo, Jefferies, Tesla, it's, Skechers, Daiwa, JPMorgan downgrades Corning, JPMorgan, TD Cowen, O'Reilly, Cowen, Morgan Stanley Organizations: UBS, Bank of America, Apple, of America, Apple Services, Google, DOJ, Citi, Huawei, JPMorgan, Disney, ESPN, Arts, EA, " Bank of America, Trust, Northern Trust, Holdings, Juniper Networks, Enterprise, Microsoft Locations: North America, China, Hulu, Juniper, Corning
Learn morePrime Day TV deals are a major part of every big Amazon sale, and this week's event is no different. If you're interested in more than just TVs, be sure to take a look at our full roundup of the best Prime Day deals. Prime Day 2, or Prime Big Deal Days if you will, officially kicks off at midnight PT on October 10 and continues for 48 hours from there. Prime Day TV deals aren't just about the fancy sets, though. The best Prime Day TV deals
Persons: we've, We'll
Goldman Sachs reiterates Netflix as neutral Goldman said it's standing by its neutral rating heading into earnings next week. Barclays reiterates Disney as equal weight Barclays said it's cautious on Disney heading into earnings in early November. JPMorgan reiterates Apple as overweight JPMorgan said its Apple survey checks show product delivery times are moderating. Bank of America initiates Motorola Solutions as buy Bank of America said Motorola is "well-positioned with multiple tailwinds supporting growth." Bank of America downgrades Datadog to neutral from buy Bank of America said it's concerned about slowing demand for the software company.
Persons: Wells, JPMorgan, Domino's, Goldman Sachs, Goldman, it's, Baird, Tesla, TSLA, Jefferies, Redburn, Evercore, Lennox, Piper Sandler, Piper Organizations: Meta, JPMorgan, Arm Holdings, Bank of America, Netflix, Barclays, Disney, ESPN, Apple, Holdings, " Bank of America, Motorola Solutions, Motorola, American, Spotify, Oracle, Citi, Patterson, UTI Energy Locations: Datadog, SASE, CY26
Learn moreIt might be October, but Prime Day deals are back, and we're here to round up the best ones across categories like tech, home, kitchen, and beauty. We'll also have some dedicated articles for specific categories, like Prime Day headphone deals, which highlight discounts on our tech team's favorite over-ear headphones and earbuds. Prime Day Apple deals are also set to be big again, with MacBooks and AirPods seeing offers already. Let's take a look at what stands out so far ...Prime Day headphone dealsSee more headphone deals at AmazonPrime Day gaming dealsSee more gaming deals at AmazonPrime Day TV dealsSee more TV deals at AmazonPrime Day beauty dealsOPAUL Hair Clips for Women $7.97 $11.99 Save 34% A great claw clip can really change your whole hair game. See more beauty deals at AmazonPrime Day furniture dealsSee more furniture deals at AmazonPrime Day pet dealsSee more pet deals at AmazonMore Prime Day deals
Persons: Amazon's, There's, We'll, Apple, VieBeauti Organizations: Amazon, Amazon Prime
Path of the ‘ring of fire’ eclipseBehold the beauty of an annular solar eclipse. For many, the event is being seen as a sort of warm-up for the 2024 total solar eclipse, which professor Mark Littmann calls “the gold standard” of eclipse viewing. It gives you a kind of an omen of what a total eclipse would look like.”Viewing an annular eclipse is far from routine: The next one won’t happen over the contiguous United States until 2046. Corpus Christi, TexasCorpus Christi residents and visitors will among the last to witness the annular eclipse on the US mainland. Santa Fe National Park, PanamaSanta Fe National Park in Panama will also enjoy the spectacular event.
Persons: Mark Littmann, , ” Littman, Debra Ross, ” Ross, Richard Tresch Fienberg, Bryce, ” Clark, Dave Clark, Del, Campspot, Yogi Bear’s, Clark, Christi, Chichén, Matthias Kestel Organizations: CNN, University of Tennessee, North, Eclipse, Task Force, , CNN Travel, Utah, Capitol, Navajo Tribal, Boulder Mail, NASA, NOAA, Roswell Public Library, Grande Recreation, Alamo Beer Company, Omni, Corpus Christi, Christi, UNESCO, Santa Fe, Panama Santa Fe Locations: United States, Oregon , New Mexico, Texas, Antonio , Texas, Qingdao, Shandong Province, China, Oregon, Central, South America, Guatemala, Belize, Honduras, Nicaragua, Panama, Colombia, Brazil, Arizona, New Mexico , Utah, Colorado, Boulder, Bryce, annularity, Albuquerque, Roswell , New Mexico, New Mexico, Roswell, Grande, Antonio, San Antonio, Jose, Del Rio, Kerrville, Guadalupe, Bandera, Garner, Corpus Christi , Texas, Christi, Corpus Christi, Mexico, Corpus, North Padre, Uzmal, Mérida, Edzná, Campeche, of Mexico, Santa, Panama Santa, Santa Fe
CNN —More than 75,000 unionized Kaiser Permanente employees are returning to work after a historic three-day strike. This week’s temporary work stoppage — the largest health care strike in US history — concluded at 6 am PT on Saturday without a deal. Kaiser Permanente healthcare workers rally outside Kaiser Permanente Los Angeles Medical Center in Los Angeles on Wednesday, October 4, 2023. Some issues affect the entire health care industryTo be sure, staffing issues do not only affect Kaiser Permanente. ECRI, an independent health care research firm, ranks the industry’s staffing shortage as the most significant risk to American patients.
Persons: , Damian Dovarganes, ” Georgette Bradford, Julie Su, Su “, Joe Biden, Biden, Kaiser, hasn’t, ” Kaiser Permanente, Rocio Chacon, ” Chacon, Kaiser Permanente, Ryan Sun, James Bell, Christina Campbell, , ” Campbell, Larriesha Malbrough, John Rudoff, , , John August, Sal Rosselli, ” Rosselli, ECRI, Gerald Kominski Organizations: CNN, Kaiser Permanente, Kaiser Permanente Los Angeles Medical Center, Kaiser, , Labor, Labor Department, United Auto Workers, , Employees International Union, United Healthcare Workers West, SEIU, Kaiser Permanent, AP, Service Employees International Union, Permanente, Coalition, Kaiser Permanente Unions, Kaiser Permanente . Nursing, National Union of Healthcare Workers, UCLA Center for Health Policy Research Locations: Los Angeles, Sacramento , California, California, Michigan, Washington, United States, Kaiser, California , Colorado, Washington and Oregon, Virginia, Baldwin Park , California, Portland , Oregon
JPMorgan reiterates Exxon as overweight JPMorgan said it's standing by its buy rating on the oil and gas giant. Seaport initiates Netflix as buy Seaport said it sees plenty of upside in shares of Netflix. JPMorgan upgrades Eaton to overweight from neutral JPMorgan said the industrial and electrical company is best in class. UBS reiterates Levi's as buy UBS said Levi's is still an attractive stock despite the company's disappointing earnings report Thursday. " JPMorgan upgrades Apellis to overweight from neutral JPMorgan said the pharmaceutical company is well-positioned for more upside.
Persons: Piper Sandler, Bernstein, Disney, XOM, Jefferies, TD Cowen, Cowen, Eaton, Eli Lilly, Doug McMillon, Berenberg, Morgan Stanley, Meta, Levi's, Oppenheimer downgrades O'Reilly, AutoZone, Oppenheimer, it's, Truist Organizations: Disney, Netflix, Hulu, JPMorgan, Exxon, Barclays, Nvidia, Intel, Gaudi, Citi, Discover Citi, DFS, Seaport, Bank of America, Energy, of America, Apple, Vegas, Prix, Clearway Energy, Walmart, United Auto Workers, Auto, Meta, UBS Locations: Parks, NVDA, China, ETN, TEL, AZO, ORLY
By 9 am ET, more than 75,000 Kaiser workers plan to join picket lines, marking the largest health care strike in US history. In the wake of pandemic, however, health care workers in particular have been fighting for safer and more secure work environments. Many health care employees are set to join the picket lines, including nursing staff, dietary workers, receptionists, optometrists, and pharmacists. Kaiser Permanente “members” pay dues to the organization to gain access to Kaiser Permanente’s wide-ranging health care services. The increased number of health care strikes have happened despite health care workers making up only about 9% of private sector union members nationwide.
Persons: Kaiser, Kaiser Permanente, James Santos, , , Permanente, ” Renee Saldana, they’re, , “ Kaiser Permanente, CNN’s Chris Isidore Organizations: CNN, Kaiser Permanente, Kaiser, Washington DC, SEIU, UHW, “ Workers, United Auto Workers, Ford, General Motors, Writers Guild of America, Hollywood, of Labor Statistics Locations: Virginia, Washington, DC, United States, California , Colorado, Washington and Oregon, Kaiser, York City, “ Kaiser
Lots of Wall Street firms are getting out ahead of this week's earnings from Constellation Brands (STZ) with price target increases. At the time, we were optimistic and increased our price target on the Modelo and Corona maker to $270 per share from $260. When measuring beer growth, he assesses how much shelf space companies get every year and how quickly those products fly off the shelves. All these factors "drive solid beer growth even as the macro environment gets worse," Falorni said. Wedbush also thinks Constellation will be able to weather those macro consumer storms and continue to drive earnings and revenue growth.
Persons: It's, we'll, We'd, Filippo Falorni, there's, Falorni, Wedbush, Wells, Goldman Sachs, Jim Cramer, Bill Newlands, Elliott, Luca Zaramella, Bill Giles, Sands, Jim, Elliot, Jim Cramer's Organizations: Constellation Brands, Modelo, Revenue, Federal Reserve, Constellation, Citi, CNBC, JPMorgan, Modelo Especial, Elliott Management, Club, Mondelez, AutoZone, Getty Locations: Corona, Wells Fargo, U.S, Simi, STZ
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