Amazon (AMZN) — An employee in Amazon’s “Brazil” office in downtown Seattle tested positive for the
General Electric (GE) — The industrial giant said it expects the
Oracle (ORCL) — An analyst at Societe Generale upgraded Oracle to “buy” from “hold,” citing the stock’s “large discount vs.
Chipotle Mexican Grill (CMG) — Shares of the fast-casual food chain
Home Depot (HD) — Instinet upgraded Home Depot to “buy” from “neutral,” and hiked his price target on the stock to $251 per share from $240 per share. The new price target represents a 10% upside from Tuesday’s closing price of $227.94. “The recent market volatility, along with movements in rates, makes for a more rewarding entry point,” the analyst said.
Mattel (MAT) — The
Target (TGT) — Goldman Sachs added
Nordstrom (JWN) — Nordstrom shares dropped 7% in the
Morgan Stanley (MS) — Morgan Stanley shares were upgraded to “buy” from “neutral” by an analyst at Citi who said the recent pullback in bank stocks gives investors with “a
Beyond Meat (BYND) — Argus Research initiated Beyond Meat with a “buy” rating and a price target of $130 per share, which represents an upside of 36.2% from Tuesday’s close of $95.43 per share. “We expect demand for plant-based alternatives to meat to continue to grow, driven not only by consumer preferences for healthier food, but also by environmental concerns,” the analyst said.
Dollar Tree (DLTR) — Dollar Tree reported mixed quarterly results for the fourth quarter, sending the stock down 1.6%. The discount retailer posted a profit of $1.79 per share, beating a Refinitiv estimate of $1.75 per share. However, the company’s $6.32 billion in revenue was below analysts’ estimate of $6.39 billion.
—CNBC’s Michael Bloom contributed to this report.