ValuEngine downgraded shares of Cimarex Energy (NYSE:XEC) from a hold rating to a sell rating in a report issued on Tuesday morning.
A number of other brokerages also recently weighed in on XEC. Stifel Nicolaus set a $187.00 price target on shares of Cimarex Energy and gave the company a buy rating in a report on Monday, April 23rd. Piper Jaffray Companies reaffirmed a hold rating and set....More>>>
Leveraging data to transform healthcare is only in its infancy, but we’re already seeing examples of how wearable technology may help patients. For example, Fitbit(NYSE:FIT)and Apple(NASDAQ:AAPL)sell consumer-electronics devices that measure and report health information, such as activity levels and heart rate, so that people cantrack the progress they’re making toward their health goals,....More>>>
Monday was a mixed day on Wall Street, as gains for major benchmarks contrasted with a decline in indexes tracking smaller companies. Many market participants focused on the White House’s support of Chinese mobile device maker ZTE, which lifted several of the biggest stocks of Chinese technology giants that trade on U.S. exchanges. In general, investors seem to be pleased with the health of....More>>>
For stock market investors, the coming week is likely to see the Federal Reserve move back into focus, stealing the spotlight back, at least briefly, from worries about tariffs and political turmoil.
The Feds two-day policy meeting, which will conclude Wednesday and is widely expected to deliver the first rate increase of 2018, will be Fed Chairman Jerome Powells first as chairman of the....More>>>
The summer holidays are almost upon us, meaning it’s that time of year when people traditionally “sell in May and go away.”
So before they pack up and hit the beach, investors could be looking to unload stocks that set the pace in 2018 before losing momentum.
Such once-meteoric performers — all of them Asian companies — now trading near or below their....More>>>