Top Stories for Jan. 11, 2024:
1. Stifel analyst Vincent Anderson maintained a Buy rating on Compass Minerals Intl. (NYSE: CMP) but lowered his price target from $75 to $60.
Top Stories for Jan. 8, 2024:
1. Freeport-McMoRan Inc. (NYSE: FCX) was upgraded from Market Perform to Outperform, with its price target raised from $41 to $48.50 by an analyst at Bernstein.
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 100 points on Monday.
The Dow traded up 0.35% to 37,596.43 while the NASDAQ rose 1.89% to 14,799.21. The S&P 500 also rose, gaining, 1.11% to 4,749.41.
Shares of RxSight, Inc. (NASDAQ: RXST) rose sharply during Monday’s session after the company issued preliminary FY23 and FY24 revenue guidance above estimates.
Also, Needham maintained a Buy rating on the stock and raised its price target from $35 to $41.
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 1% on Monday.
The Dow traded down 0.19% to 37,396.28 while the NASDAQ rose 1.20% to 14,698.88. The S&P 500 also rose, gaining, 0.55% to 4,722.93.