This morning, BMO Capital reduced its price target on shares of Joy Global (NYSE:JOY) to $53 as the company is seeing fewer new orders. In the report, BMO maintained its market perform rating. Shares of Joy Global were higher, despite the report, climbing 2.4% today.
And UBS downgraded shares of The Fresh Market (NASDAQ:TFM) from buy to neutral as the company's earnings growth will be postponed for a couple of quarters. In the report, UBS set a $56 price target. Shares of TFM were sharply lower, falling nearly 9% today.
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.