One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why a stock is moving.
Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders.
Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.
Telsey Advisory Group maintained Foot Locker, Inc. (NYSE: FL) with a Market Perform and raised the price target from $64 to $67.
Foot Locker is trading higher by 2.1% at $59.58.
Morgan Stanley analyst Kimberly Greenberger maintained Foot Locker with an Equal-Weight and raised the price target from $63 to $68.
Morgan Stanley analyst Devin McDermott maintained ConocoPhillips (NYSE: COP) with an Overweight and lowered the price target from $85 to $82.
ConocoPhillips is trading higher by 3.1% at $54.42.
Barclays analyst Raimo Lenschow maintained Salesforce.com CRM with an Overweight and raised the price target from $285 to $291.
Salesforce is trading higher by 1.9% at $260.87.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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