Merck (NYSE:MRK) was downgraded by Bank of America/Merrill Lynch to neutral from buy with a price target of $45, as the firm believes the stock has gotten ahead of itself.
Shares are higher by about eight tenths of a percent.
IBM (NYSE:IBM) had its estimates and price targets reduced by JP Morgan (NYSE:JPM) due to weakness in overseas markets. A $215 price target was issued with an overweight rating.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
VF is an awesome community of bright, serious, passionate
Launch related slideshow:
Thursday 5/23 Insider Buying Report: MDT, WD
Thursday 5/23 Insider Buying Report: SREV, CYCC
Wednesday 5/22 Insider Buying Report: SBY, CUBI
Daily Wrap: May 23, 2013
Ralph Lauren and Perry Ellis Disappoint
Daily Wrap: May 22, 2013
Analyst Moves: BA, TOL, SPLS
Analyst Moves: STX, HOT, HPQ
Analyst Moves: NTAP, MDC, PXD
Thursday Sector Leaders: Apparel Stores, General Contractors & Builders
Thursday Sector Laggards: Electric Utilities, Agriculture & Farm Products
Wednesday Sector Leaders: Homebuilders, Precious Metals
Thursday's ETF with Unusual Volume: IGV
Thursday's ETF Movers: GGGG, NUCL
EWZ, GGGG: Big ETF Outflows
Daily Dividend Report: TMO, AAP, HAS, AINV, HPQ
Daily Dividend Report: MCD, JCI, CTL, GPS, AVB
Daily Dividend Report: NTAP, ADI, BBY, TAP, CHSP
Initial Jobless Claims Fall
Initial Jobless Claims Jump by 32k
Jobless Claims Fall to Five Year Low
Weekly Market Wrap: May 17, 2013
Weekly Market Wrap: May 10, 2013
Weekly Market Wrap: May 3, 2013
Week Ahead Market Report: May 13, 2013
Week Ahead Market Report: May 6, 2013
Week Ahead Market Report: April 29, 2013