Featured MNV Articles: Key Analyst Upgrades This Week
Thursday, August 26, 2:54 PM ET, by Market News Video Staff
On Monday, UBS (UBS) upgraded shares of First Solar (FSLR) from neutral to buy as ...
Metal and Mining Stocks Catch A Bid
Friday, August 27, 2:38 PM ET, by Market News Video Staff
In Friday afternoon trading, the SPDR S&P Metals and Mining ETF (XME) is trading higher ...
ETFs Own Over $1.5 Billion of Newmont Mining Corporation Stock
Tuesday, August 31, 2:37 PM ET, by Market News Video Staff
Aggregately ETFs are holding over $1.5 billion of Newmont Mining Corporation (NEM) stock, or more ...
Southern Copper, Freeport-McMoRan, Copper ETFs Benefit From Rise in Copper Prices
Thursday, October 7, 11:00 AM ET, by ETF Channel Staff
Shares of copper companies have performed strongly during the last few months due to solid ...
ETF Investors Lose as Morgan Stanley, Goldman Underperform
Friday, October 8, 9:15 AM ET, by Market News Video Staff
The party may be ending for big investment firms like Morgan Stanley (MS) and Goldman ...
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More articles: 1 2 3 4 5 6 7 next » | DD Upgraded at Goldman
By Market News Video Staff, Friday, November 19, 2:04 PM ET
Goldman Sachs (NYSE:GS) upgraded DuPont (NYSE:DD) today, from neutral to buy. Goldman said it was raising its rating after meetings with DuPont management, which gives it confidence in the sustainability of the company’s earnings recovery story. The firm’s price target on DuPont was hiked from $52 per share to $56.
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DuPont shares are trading higher by about 0.7% following the upgrade.
At 10.84% of the fund, DuPont is the #2 holding in the Materials Select Sector SPDR Fund (AMEX:XLB), which is also trading modestly higher today. Freeport-McMoRan (NYSE:FCX) is the top stock in the fund at 11.81% of the portfolio, followed by Dow Chemical (NYSE:DOW) is 9.28% of the fund and Newmont Mining (NYSE:NEM) at 7.59%.
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