(INDEXDJX:.DJI), up 1.11% last week, advanced 111 points yesterday. Match.com and OkCupid owner IAC/InterActiveCorp
(NASDAQ:IACI) — which just jumped 1.54% to hit the highest level in its history — may beg to differ, but on Wall Street at the moment, one is anything but the loneliest number. Thus it was that both blue chips and S&P 500
(INDEXSP:.INX) issues each reached fresh peaks, and on the anniversary of Wall Street’s worst-ever crash
. Tesla Motors
(NASDAQ:TSLA), which knows all about those
, rose 0.99%, rebounding from an earlier swoon. Elsewhere, even an analyst upgrade
couldn’t stop Apple Inc.
(NASDAQ:AAPL) from tumbling 2.49%. Clearly, the company is now quite literally history
. And slim was in as NutriSystem
(NASDAQ:NTRI) surged 20.71% even as a broker boost
(to “Overweight,” naturally) was powerless to prevent Potbelly
(NASDAQ:PBPB) plunging 4.51%.
This afternoon, the Federal Open Market Committee concludes its two-day policy meeting. Hump Day of another busy quarterly earnings week is here, with Allstate
(NASDAQ:FB), General Motors
(NYSE:GM), Kraft Foods
(NASDAQ:SBUX), and Visa
(NYSE:V) all due to release results.
(NYSE:AFL): The insurance stock famous for its duck is cut to Market Perform from Outperform at Raymond James.
(NASDAQ:AMRN): Leerink Swann lowers the drug manufacturer to Market Perform from Outperform.
(NASDAQ:AMBA): Morgan Stanley moves the semiconductor equipment stock to Equal-Weight from Overweight.
Bed Bath & Beyond
(NASDAQ:BBBY): Shares get taken to Hold from Buy at Canaccord Genuity.
Buffalo Wild Wings
(NASDAQ:BWLD): Raymond James reduces its rating on the fast food outfit to Market Perform from Outperform.
(NYSE:CRS): Goldman gives the metal fabrication firm a Neutral-from-Buy downgrade.
Chesapeake Granite Wash Trust
(NYSE:CHKR): The stock is slashed to Sell from Neutral at Goldman Sachs.
(NASDAQ:CRUS): Shares are taken to Underweight from Equal Weight by Barclays.
Digital Realty Trust
(NYSE:DLR): The office Real Estate Investment Trust is reduced to Market Perform from Outperform at Raymond James.
(NYSE:EW): JPMorgan moves the equity to Underweight from Neutral.
(NASDAQ:IACI): The Match.com parent is downgraded to Hold from Buy at Stifel, which cites iffy earnings.
(NYSE:PLT): Raymond James clips the company to Market Perform from Outperform.
(NASDAQ:SNDK): Bank of America-Merrill Lynch lowers the tech name to Neutral from Buy.
(NASDAQ:SPAR): BB&T Capital takes the stock to Hold from Buy after Tuesday’s 2.77% tumble.
(NYSE:UNP): The railroad is now Neutral from Outperform at Robert W. Baird, which takes its target to $173 from $175. Further upside potential from current levels is limited, in the bank’s estimation.
(NYSE:X): The commodity company, currently embarking on a cost cutting drive, gets downgraded to Hold from Buy at Deutsche Bank.
(OTCMKTS:VOLVY): Deutsche Bank slashes the Swedish car company to Sell from Hold.
(NYSE:WU): Raymond James takes to money transfer titan to Market Perform from Outperform.
(See also: Stock Upgrades: Electronic Arts Is Out of the Woods
and New Stock Coverage: Can Dick’s Sporting Goods Score Big?
No positions in stocks mentioned.
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