In a recent report, analysts at J.P. Morgan updated their outlook for Wynn Resorts International WYNN 0.45%. While analysts lowered their Q1 earnings estimates and reduced their price target on Wynn’s stock, they maintain their Overweight rating and remain bullish on Macau long-term.
Benzinga recently had a chance to speak with John Canally, Senior Vice President and Economist at LPL Financial, about the current state of the U.S. economy following the disappointing March jobs report. Among the topics Canally covered was his outlook for crude oil prices. Is The Bottom In? Prices have been in the upper $40…
A recent Bankrate Money Pulse survey reports that 52 percent of Americans don’t own stocks or stock-based investments such as 401(k)s and mutual funds. The survey cited several reasons why Americans are opting not to invest, a choice which could lead to lower overall wealth and retirement savings. Lack Of Sufficient Funds According to the…
Now that winter has drawn to a close, analysts at Citi Research released a new report updating their outlook for the oil and gas exploration and production (E&P) sector. Despite a brutal near-term forecast for oil and gas prices, analysts list several E&P names that they believe are well-positioned to capitalize on the eventual rebound…
A recent report by the Energy Information Administration (EIA) projects that oil prices in 2016 could fall by $5 to $15 per barrel if sanctions are lifted against Iran. The findings of the EIA’s report follow preliminary nuclear discussions between Iran and world powers, which began on April 2 and will conclude by a deadline…
In a new report, analysts at BMO Capital Markets discussed the results of a survey the firm conducted on Apple Inc. AAPL 0.43%‘s new Apple Watch. The results of the survey impacted BMO’s projections for the watch, but had little impact on their overall outlook for Apple.
In a recent report, analysts at Bank of America laid out their expectations for Q1 earnings season. Analysts see extremely low consensus expectations for the quarter setting the stage for a “modest beat” overall. The report includes a list of companies Bank of America analysts believe are most likely to beat earnings expectations.
A recent report by Goldman Sachs focused on Internet stocks and what analysts see in store for investors throughout the remainder of 2015. Despite the fact that Internet stocks have outperformed the S&P 500 by 4.5 percent so far this year, analysts believe that there is still room for further outperformance.
A new report by Pacific Crest Securities focuses on cloud computing, analytics and data infrastructure stocks. The report includes the most recent field checks and a breakdown of the most risky stocks in the space and the stocks with the strongest fundamentals.
In a new report, analysts at Morgan Stanley take a step back and assess the current state of the bull market to determine if the market still has upside from its current levels. After looking at the following charts, analysts believe that economic expansion in the U.S. could continue for another five years.