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Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Wall Street is currently grappling with a pervasive "risk-off" sentiment, a mood characterized by a cautious retreat from higher-risk assets. This prevailing sentiment is particularly evident in the tech sector, which has experienced a significant sell-off, yet it presents a puzzling disconnect with the broader stock market's surprising resilience. Meanwhile,
Target shares plummeted 8% by Wednesday’s midday session after the company announced that CEO Brian Cornell will step down in February 2026 after 12 years at the helm.
The extension delays a significant tariff hike until November, preventing what could have been a virtual trade embargo and keeping rates lower during the crucial holiday import season.
Dayforce shares skyrocketed 26% in Monday’s midday trade after reports suggested that private equity firm Thoma Bravo is in talks to acquire the human resources firm.
UnitedHealth shares traded nearly 14% higher in Friday’s midday trade after Warren Buffett’s Berkshire Hathaway revealed in its latest 13F filing that it held five million shares of the firm at the end of the second quarter.
Modi’s remarks come as US-India trade tensions escalate following steep tariff hikes, with upcoming talks in China expected to focus on reviving key commodity flows.
Miami International shares soared more than 40% in their debut on the NYSE on Thursday. The options exchange operator raised $345 million through the IPO.
The economist said that for the European Union and the U.K., the agreement significantly reduced the immediate threat of China rerouting exports to their markets.