Shares of beauty products company Estée Lauder (NYSE:EL)
jumped 4.1% in the morning session after JPMorgan upgraded the stock from "Neutral" to "Overweight" and significantly raised its price target. The investment bank boosted its price target on the cosmetics giant to $101 from $62, citing better-than-expected performance during the recent "6.18 event," a major shopping festival, and improvements in the company's online business. JPMorgan also placed Estée Lauder on its "Positive Catalyst Watch," indicating anticipation for the company's upcoming earnings report. The firm noted it expected the company to deliver results at the upper end of its guidance range, signaling strong confidence in Estée Lauder's near-term performance.
The U.S. stock market finds itself at the crossroads of economic policy and political spectacle as former President Donald Trump intensifies his engagement with Federal Reserve officials and amplifies rhetoric around central bank governance. This high-profile outreach, dubbed the “Trump Fed Tour,” has generated significant volatility across equities, bonds,
Cathie Wood-led Ark Invest is betting on the transformative potential of smart contract Layer-1 tokens like Ethereum (CRYPTO: ETH) in decentralized finance, the company’s leading cryptocurrency analyst said on Wednesday.
Earlier in April, the committee warned U.S. banks to withdraw from the listing process, as it would expose them and their American investors to “significant regulatory, financial and reputational risks.”
Shares of real estate data provider CoStar Group (NASDAQ:CSGP) jumped 6.6% in the afternoon session after the company reported strong second-quarter results that beat estimates and raised its full-year guidance.
With solid Q2 results and 2025 guidance increases, Wall Street is upgrading these four stocks. Analysts now see palpable upside in one streaming stalwart.
Shares of safety and specialty services provider APi (NYSE:APG) fell 3% in the morning session after the stock pulled back from a 52-week high reached in the prior session, likely as some investors moved to take profits.
Shares of infrastructure construction company MasTec (NYSE:MTZ)
fell 4.5% in the morning session after a regulatory filing showed a significant institutional investor had trimmed its position in the company.
Shares of infrastructure construction company Primoris (NYSE:PRIM)
fell 3.4% in the morning session after the company's stock likely moved on profit-taking after a recent run-up, even as a major Wall Street firm increased its price forecast.
JPMorgan's Matthew Boss downgraded Lululemon to Neutral and cut its price target to $224, citing delayed product catalysts and cautious U.S. consumers weighing on growth.
