This morning, RBC Capital upgraded shares of Lululemon (LULU) from sector perform to outperform as the company's bad news seems to have priced itself into the stock. RBC notes that the stock is down more than 40% since its peak and should rebound from here. RBC Capital set a $56 price target on the stock. Shares of Lululemon were higher by 4.5% today.
Credit Suisse upgraded shares of Myriad Genetics (MYGN) from underperform to neutral as the Crescendo purchase should help fuel growth at the company. In the report, Credit Suisse set a $29 price target. Shares of Myriad Genetics were higher by more than 8% on Friday.
And Bank of America added shares of Citigroup (NYSE:C) to its US 1 list today as the recent pullback in the stock price has created a buying opportunity for investors. Bank of America set a $65 price target in their report. Shares of Citigroup were higher by 1.7% on the news.
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.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.