Analyst Actions: JCP, WFMI, CHS, SYMC, UAL, QGEN
Friday, October 15, 2021 10:16 AM

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JCPenney (NYSE: JCP): Barclays Capital on Friday lowered its rating on the company to Equalweight from Overweight. The firm maintained a $30 price target.

Whole Foods Market (NASDAQ: WFMI): Jefferies & Co. this morning upgraded the stock to Buy from Hold and lifted its price target to $45 from $36. Shares of the company rallied more than 3% in morning trading.

Chico's FAS Inc. (NYSE: CHS): KeyBanc on Friday raised its rating on the company to Buy from Hold.

Symantec (NASDAQ: SYMC): William Blair & Co. initiated coverage on the company with an Outperform rating.

United Continental Holdings (NYSE: UAL): Citigroup on Friday initiated coverage on the stock with a Buy rating and a price target of $34. Shares of the company rose more than 2% in Friday morning trading.

Qiagen NV (NASDAQ: QGEN): Leerink Swann this morning downgraded the company to Market Perform from Outperform. In aresearch note to clients, the firm said, "While we continue to favorably view QGEN's long-term strategy, we are concerned that pipeline menu could be further delayed, and current Street expectations could prove optimistic...Additionally, we believe QGEN's ambitious clinical plans could ramp operating expenses more than people expect in the near term. Finally, we believe the Street's expectation that QGEN returns to 13% organic revenue growth as early as next year is a bit aggressive." 

Disclosure: Author doesn't own any of the stocks discussed here.



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Market news:

  • Calif. coroner IDs body left in car for months Oct 22, 2021 11:38 PM

    • COSTA MESA, Calif. - Medical examiners have identified a mummified corpse that was left in a car's passenger seat for 10 months in Southern California, a police spokesman said Friday.
    • Authorities had said earlier it could take weeks to identify the homeless woman, but the Orange County coroner's office was able to rehydrate the desiccated body's fingertips to obtain a usable fingerprint, said Costa Mesa police Detective Sgt. Paul Beckman.
    • The woman's remains, discovered Monday in a car parked illegally in Costa Mesa, are little more than skin and bones and weigh 30 pounds, said police Sgt. Ed Everett.
      • French Senate passes pension overhaul Oct 22, 2021 11:38 PM

        • PARIS - Under pressure from the government, the French Senate voted Friday to raise the retirement age from 60 to 62, a victory for President Nicolas Sarkozy after days of street rage, acrimonious debate and strikes that dried up the supply of gasoline across the country.
        • The vote all but sealed passage of the highly unpopular measure, but it was unlikely to end the increasingly radicalized protests.
        • The coming days promised more work stoppages and demonstrations by those who feel changing the retirement age threatens a French birthright.
          • Health insurers help GOP after dalliance with Dems Oct 22, 2021 11:38 PM

            • WASHINGTON - Health insurers flirted with Democrats, supported them with money and got what they wanted: a federal mandate that most Americans carry health care coverage.
            • Now they're backing Republicans, hoping a GOP Congress will mean friendlier regulations.
            • They may get more than they're wishing for.
              • Bill Clinton races to help Democratic candidates Oct 22, 2021 11:38 PM

                • WASHINGTON - Bill Clinton, out of the Oval Office for nearly a decade and once considered a political liability, is campaigning for Democratic candidates at a pace no one can match, drawing big crowds and going to states that President Barack Obama avoids.
                • Some people attending his rallies wear buttons saying "I miss peace, prosperity and Clinton."
                • On Tuesday and Wednesday, Clinton attended large and small events in the Florida cities of St. Petersburg, Orlando and Miami for several Democratic candidates.
                  • Friend: Waves turned red after fatal shark attack Oct 22, 2021 11:38 PM

                    • LOS ANGELES - A bodyboarder killed by a shark at a Central California beach cried out to his friend for help as the shark flashed out of the water, bit into his leg and pulled him under in a tide of blood, the friend said Friday.
                    • Matthew Garcia was surfing 2 feet from his friend, 19-year-old Lucas Ransom, when the shark attacked, he said.
                    • The whole incident lasted seconds.

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