All articles tagged with #club stocks
The third quarter of the year proved to be challenging for the stock market, with September historically being the worst month for stocks. Wall Street experienced a decline during this period, impacting various club stocks. While some club stocks performed well, such as Eli Lilly, others struggled to maintain their value.
The stock market is set for a higher open after February inflation data came in cooler than expected. Piper Sandler has lowered Alphabet's price target to $117 per share from $120, citing AI as a real problem for the company. Barclays has raised its price target for Constellation Brands, while TD Cowen has upgraded Restaurant Brands to outperform. Virgin Orbit has halted operations and laid off 675 people, while JPMorgan has raised Chubb's price target. Block (formerly Square) has issued a rebuttal against the Hindenburg short-seller note.