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Jefferies raised its price target on Amazon and tied a Street high with Goldman Sachs and said the coronavirus has positioned the company for "strong sales growth" going forward.
"The stock is up ~30% since reporting earnings last quarter as the company is collectively viewed as a key beneficiary of shelter-in-place and work from home. At the same time, traditional brick and mortar retailers are up significantly less, as vastly improved e-commerce offerings are being offset by near-term headwinds from people avoiding physical stores. For
, easy comparisons in Q2 for the retail business and tailwinds from the pandemic position the company for strong sales growth."JPMorgan downgraded the biotech company mainly on valuation and said it remains bullish on the company's long-term outlook.to Neutral from OW on valuation following the run in shares that are now up 385% YTD vs. the Nasdaq Biotech Index +19.5%; over the last 12 months, MRNA is up 572%.
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White House chief of staff says stimulus negotiations will start 'in earnest' on MondayWhite House chief of staff Mark Meadows said Sunday that the administration has been engaged in discussions on the next stimulus bill for the past week, but negotiations will start 'in earnest' Monday on Capitol Hill.
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5 things to know before the stock market opens MondayLawmakers return to Washington today, under pressure to pass another stimulus bill. Here are 5 things to know before the stock market opens:
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Japan rocket carrying UAE Mars probe ready for Monday launchA Japanese H-IIA rocket carrying a United Arab Emirates Mars spacecraft has been placed on the launch pad for Monday’s scheduled liftoff for the Arab world’s first interplanetary mission.
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Japan rocket carrying UAE Mars probe ready for Monday launchThe Arab world’s first interplanetary mission is set to get underway as a United Arab Emirates Mars spacecraft readies for launch in Japan. The orbiter — named Amal, or Hope — is expected to reach Mars in February.
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Here’s What Happened When This Guy Trained His Calves Every Day for 30 DaysHe committed to single-leg weighted calf raises every day. Did it make a difference?
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Top analysts are betting on stocks like Apple and Disney for long-term gainsYour weekend brief: Top analysts are betting on stocks like Apple and Disney for long-term gains
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