The bank upgraded the auto parts retailer to buy and raised its price target to $1,040 per share from $983.
Category: Finance News
UK’s Metro Bank shares suspended multiple times after plunging more than 25%
Shares of Britain’s Metro Bank suspended trading Thursday after tanking more than 29% amid reports that it was trying to raise £600 million ($727 million) in debt and equity.
Asia’s edge isn’t just cheap labor, whether it’s China, India or Japan, KKR says
That investment conclusion comes after a trip to the region by New York-based Henry H. McVey, KKR’s head of global macro and asset allocation.
KeyBanc downgrades Apple to sector weight. Here’s what the pros say
Pros on CNBC discussed Apple after KeyBanc downgraded the iPhone maker to sector weight from overweight late Tuesday.
House Republicans push IRS for answers on processing pause for small business tax credit
House Republicans are pressing the IRS for answers after the agency paused processing new employee retention tax credit claims. Here’s what to know.
Stocks making the biggest moves midday: Sunnova Energy, Cal-Maine Foods, Marathon Petroleum and more
These are the stocks posting the largest moves in midday trading.
These stocks are close to forming the dreaded ‘death cross’ — including McDonald’s and Wells Fargo
CNBC Pro found just under 20 stocks, from financial giants to restaurant operators, that are close to forming a death cross.
Private payrolls rose 89,000 in September, far below expectations, ADP says
The total was down from an upwardly revised 180,000 in August and below the 160,000 estimate from Dow Jones.
Stocks making the biggest moves premarket: Cal-Maine Foods, Intel, Apple & more
These are the stocks posting the largest moves in premarket trading.
Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns
“I don’t think we’re near the end of this move in the bond market,” the Bianco Research president told CNBC’s “Fast Money” on Tuesday.