Deutsche Bank AG initates coverage of Sinclair Broadcast Group stock with a Buy rating and a price target of $46. Deutsche Bank is one of the most widely followed rating firms because of their excellent track record.
Sinclair Broadcast Group stock has 6 Buy ratings from analysts with an average price target of $48.17 which represents a 59.49% upside from the current price.
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Celanese Corporation looks like a good swing trade long setup on the chart as the company rolls out plans for its global expansion.
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Lam Research stock is in a strong uptrend. On October 19, 2017, Needham & Company, one of the best analysts on Wall Street, raised their price target on Lam Research to $235 from $220 which represents 17.2% upside from the current price.
There are a whopping 17 analyst Buy ratings on Lam Research stock.
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Taiwan Semiconductor Manufacturing announced its quarterly results on Thursday, October 19, 2017. The company reported EPS of $3.47 versus the consensus estimate of $0.56. Revenue also beat coming in at $252.11 billion versus the consensus estimate of $249.49 billion.
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KeyCorp stock flushed today forming a bullish hammer, inside a Bullish Flag pattern. KeyCorp had its Buy rating reaffirmed by Keefe, Bruyette & Woods. Keefe has a price target of $21 on the stock which represents 13% upside from the previous close of $18.58.
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Global Blood Therapeutics stock has excellent large players volume action. Large players volume is in an uptrend and is confirmed by the rising Twiggs Money Flow.
Global Blood Therapeutics stock has 11 Buy ratings from analysts. Price targets average to $55.73 which represents 71.73% upside from the previous closing price. Needham & Company, one of the most followed analyst firms because of their excellent record, set a price target on the stock today of $51 which is 57% upside from the previous close at $32.45.
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Abbott Laboratories stock is rising fast after reporting earnings. Four analysts reaffirmed or upgraded the stock to a Buy or Outperform rating after Abbott Laboratories earnings report beat on both earnings and revenue.
The company reported earnings of $0.66 versus the $0.65 estimate. Revenue also beat coming in at $6.83 billion versus the $6.72 billion estimate. Abbott Laboratories had a net margin of 4.96% and a return on equity of 14.43%. Abbott Laboratories’s revenue for the quarter was up 28.8% on a year-over-year basis.
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Huntington Ingalls Industries won a contract for conducting engineered overhaul of fiscal 2019 USS Boise (SSN 764), from the Naval Sea Systems Command. The contract is valued at $59.8 million. This contract has a potential to reach a cumulative value of $385.7 million.
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Ingredion stock price could move over the next 12 weeks if its seasonal pattern holds. Over the next 12 weeks, Ingredion stock price has on average risen by 12% based on the past 19 years of stock performance. Ingredion has risen higher in 17 of those 19 years over the next 12 week period, corresponding to a probability of 89%.
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