Market News
Chevron (CVX)
Dividend.com is reporting that Chevron saw its coverage reinstated on Friday with a “Buy” rating by analysts at Bank of America/Merrill Lynch. The analyst also set a $105 price target on CVX shares, which had closed at $76.78 on Thursday. The analyst said that a group of new projects over the past 18 months will likely spur growth and set the company apart from its peers in the oil industry.
Dec 18 · 1:47:00 PM · Source: Dividend.com
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by Rich Pike
Sysco (SYY)
FastCasual.com is reporting that Coleman Natural Foods, the country’s leading processor of fresh and prepared, natural and organic, free-range poultry, beef and pork products, has entered into an exclusive agreement with Sysco. The arrangement covers a variety of Coleman’s popular all natural and organic chicken and beef products, said John Bogert, Coleman’s chief operating officer. The products are targeted to fast-casual and casual dining establishments.
Dec 18 · 1:42:00 PM · Source: FastCasual.com
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by Rich Pike
Telecom Italia S.p.a. (TI)
JP Morgan downgraded Telecom Italia S.p.a. from Neutral to Underweight.
Dec 18 · 1:21:00 PM
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by Rich Pike
Realty Income Corporation (O)
Credit Suisse downgraded Realty Income Corporation from Outperform to Neutral.
Dec 18 · 1:20:00 PM
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by Rich Pike
Susser Holdings Corporation (SUSS)
JP Morgan downgraded Susser Holdings Corporation from Market Weight to Neutral.
Dec 18 · 1:20:00 PM
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by Rich Pike
Continental Airlines (CAL)
Stifel Nicolaus downgraded Continental Airlines Inc. from Buy to Hold.
Dec 18 · 1:19:00 PM
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by Rich Pike
Entergy (ETR)
Argus downgraded Entergy from Buy to Hold.
Dec 18 · 1:19:00 PM
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by Rich Pike
Potash Corporation Of Saskatchewan Inc. (POT)
Soleil downgraded Potash Corporation Of Saskatchewan Inc. from Hold to Sell.
Dec 18 · 1:19:00 PM
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by Rich Pike
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