Jobs Blowout Revives Rate-Hike Bets, but Record Earnings Cushion the Blow: This Week on Wall Street
August payrolls came in at 162,000, nearly triple consensus, pushing September rate-hike odds to 60%. Stocks rose anyway, backed by record earnings.
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Top names on Wall Street have had their outlook changed by analysts, including downgrades and price target cuts. See what they think about EIX.
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August payrolls came in at 162,000, nearly triple consensus, pushing September rate-hike odds to 60%. Stocks rose anyway, backed by record earnings.
https://www.ft.com/content/d938c799-a188-4bfe-bf5e-bbaeb208cb8e?syn-25a6b1a6=1
JP Morgan analyst Puneet Jain downgrades EPAM Systems (NYSE:EPAM) from Overweight to Neutral and maintains the price target from $120 to $120.