The Latest Breaking News from NYSE

Here's Why Goldman Sachs Downgraded Cisco

Goldman Sachs analyst Rod Hall downgraded Cisco Systems Inc (NASDAQ:CSCO) to Neutral from Buy with an unchanged price target of $65, suggesting an upside of 8.82%. The analyst says the shares are approaching the price target while his fundamental outlook "is now in line with consensus." Hall continues to see Cisco's ongoing Cat 9K refresh…

Benzinga · Jan 19, 2022

This Is How One Large Options Trader Expects Kohl's To Move

Shares of Kohl's Corporation (NYSE: KSS) jumped more than 4% on Tuesday on news of activist investor Macellum Advisors, which owns a stake of around 5% in the department-store chain, urging the company to make changes to boost its share price.

Benzinga · Jan 19, 2022

Jim Cramer Shares His Thoughts On T-Mobile, Veeva Systems And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said although he likes Wheels Up Experience Inc. (NYSE: UP) CEO Kenny Dichter very much, he will not recommend SPACs unless they're profitable.

Benzinga · Jan 19, 2022

Raymond James Is Bullish On Ads-Tec Energy, Sees 63% Upside

Raymond James analyst Pavel Molchanov initiated Ads-Tec Energy PLC (NYSE:ADSE) with a Strong Buy rating and a price target of $14, implying an upside of 63%. The analyst noted Ads-Tec's ultra-fast hardware is specifically designed with grid stability in mind, making it the only pure-play on ultra-fast. Molchanov added that U.S. expansion adds to strength…

Benzinga · Jan 19, 2022

20 Stocks Moving in Wednesday's Pre-Market Session

Gainers Zogenix, Inc. (NASDAQ: ZGNX) shares rose 56.1% to $24.41 in pre-market trading after UCB announced plans to acquire the company.

Benzinga · Jan 19, 2022

A Peek Into The Markets: US Stock Futures Edge Higher; Morgan Stanley, Bank of America Earnings In Focus

Pre-open movers

Benzinga · Jan 19, 2022

Read Why MoffettNathanson Slashed Walt Disney Price Target By 6%

MoffettNathanson analyst Michael Nathanson lowered the price target on Walt Disney Co (NYSE:DIS) to $165 from $175 and reiterated a Neutral rating on the shares. The price target implies an upside of 8%. Nathanson's FY22 free cash flow estimate of $1.9 billion after the Shanghai adjustment is "a significant decrease" of over 60% from his…

Benzinga · Jan 19, 2022

65 Biggest Movers From Yesterday

Gainers Brickell Biotech, Inc. (NASDAQ: BBI) shares jumped 58.6% to settle at $0.33 on Tuesday after HC Wainwright & Co initiated coverage on the stock with a Buy rating and $2 price target.

Benzinga · Jan 19, 2022

5 Stocks To Watch For January 19, 2022

Some of the stocks that may grab investor focus today are: Wall Street expects Bank of America Corporation (NYSE: BAC) to report quarterly earnings at $0.76 per share on revenue of $22.23 billion before the opening bell. Bank of America shares slipped 0.2% to $46.18 in pre-market trading.

Benzinga · Jan 19, 2022

EV Battery Research Startup SES Enters JV With Honda Ahead Of Going Public In SPAC Merger: What You Need To Know

Japan’s Honda Motor Co (NYSE: HMC) said on Tuesday it has signed a joint venture agreement with the U.S. based battery research startup SES Holdings to launch higher density and low-cost lithium-metal batteries for electric vehicles.

Benzinga · Jan 19, 2022