Home Improvement Retail

Keybanc boosted the price target for Broadcom Inc. (NASDAQ: AVGO) from $720 to $820. Keybanc analyst John Vinh maintained the stock with an Overweight rating. Broadcom shares rose 11.5% to close at $812.73 on Friday. Telsey Advisory Group cut the price target for Big Lots, Inc. (NYSE: BIG)...

The S&P 500 dropped over 1% on Tuesday amid concerns over progress in U.S. debt ceiling talks. The representatives of President Joe Biden and Republican lawmakers concluded another round of negotiations on Tuesday with no signs of progress. The Federal Reserve is scheduled to release minutes...

We are 9 days away from the debt ceiling deadline. As of right now there’s no deal. Here are the effects of a breach according to Moody’s: 1 week: 1.5 million jobs lost, raising the unemployment rate from 3.4% to 5%. 2 months: 8 million jobs lost, raising the unemployment rate from 3.4...

Wall Street Journal Yelp Stock Soars: Activist Investor Recommends Exploring Sale At Double Value Activist investor TCS Capital Management has built a stake in Yelp Inc (NYSE: YELP) and urged the service-recommendation site to explore strategic alternatives, including a sale....

U.S. stocks traded lower this morning, with the Dow Jones dropping over 100 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.40% to 33,154.99 while the NASDAQ fell 0.32% to 12,679.57. The S&P 500, also fell, dropping, 0.37% to 4,176.92. Check This Out: NVIDIA,...

Lowe's Companies Inc (NYSE: LOW) reported a first-quarter FY23 sales decline of 5.5% year-on-year to $22.35 billion, beating the analyst consensus estimate of $21.60 billion. Comparable sales decreased 4.3%, driven by lumber deflation, unfavorable weather, and lower DIY...

The CNN Money Fear and Greed index showed further improvement in overall sentiment among U.S. investors on Monday. U.S. stocks closed mixed on Monday after the S&P 500, last week, recorded its best weekly performance since March. Investors are awaiting data on first-quarter GDP and the personal...

Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on Lowe's Companies, Inc. (NYSE: LOW), lowering the price target to $225 from $235.  The analyst remains cautious as the company will likely bear the brunt of general weakness in consumer...

Needham raised the price target for Stratasys Ltd. (NASDAQ: SSYS) from $15 to $19. Needham analyst James Ricchiuti maintained a Buy rating. Stratasys shares gained 9.7% to close at $15.80 on Tuesday. Raymond James cut the price target for Newell Brands Inc. (NASDAQ: NWL) from $17 to $15....

Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on the shares of Home Depot Inc (NYSE: HD) with a price target of $340. Home Depot's 1Q23 EPS of $3.82 missed the analyst’s EPS estimate of $3.85 but was slightly better than the FactSet...

Home Depot (NYSE: HD) came out with quarterly earnings of $3.82 per share, beating the Zacks Consensus Estimate of $3.80 per share. This compares to earnings of $4.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0...

If inflation really is slowing, as some data suggest, it couldn’t come at a better time for the nation’s retail sector.  Q1 big-box store results are coming in just ahead of summer home improvement spending, and July’s start to the back-to-school spending season that many...

Historically, Home Depot and Lowe's (NYSE: LOW) often experience higher sales in the spring and summer seasons due to the nature of their business. During this period, many homeowners and contractors embark on home improvement and construction projects, leading to increased demand for...

Dakota Crownover studied locksmithing for six months after he graduated from high school. Now he makes up to $15,000 a month and chooses the hours he wants to work.  What To Know: Crownover operates as an independent locksmith through the Jobox app. This platform links home-...

Gainers Trevena, Inc. (NASDAQ: TRVN) shares surged 170% to $1.74 after the company announced the approval of OLINVYK in China. Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) jumped 139% to $0.9321. Bellicum Pharmaceuticals 13D filing showed Baker Bros. Advisors reported a 19.99% active stake in the...