Oil Prices Jump on OPEC Output Cut. Exxon, Chevron Stock Rise.
Analysts revised up forecasts for oil prices in the second half, with one predicting Brent crude may average $101 a barrel.
Source: barrons.com
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Macy's Stock Jumps on Upgrade. Its Reset Plan Is Working, Analyst Says.
The department-store company is on track to meet its financial targets, according to J.P. Morgan
Source: barrons.com
First Solar Has Surged 40% This Year. It's Time to Sell the Stock, Says Analyst.
Morgan Stanley analyst Andrew Percoco downgrades shares of First Solar to Underweight from Equal Weight while initiating coverage of Sunnova at Overweight.
Source: barrons.com
Block Gets More Support From Wall Street. Analysts Dismiss Fraud Concerns.
A team from Truist describes Block's Cash App as a "legitimate alternative" to traditional bank accounts.
Source: barrons.com
The Next Chip Stock Most at Risk in the U.S.-China Chip War, Says Analyst
New Street Research analyst Pierre Ferragut says China may look to hit back at wireless chips in general, and Qualcomm in particular.
Source: barrons.com