Lady Luck did her bit, only to find Mr. Market utterly missing
) named Mary Barra to replace Dan the man.
) - to be
Thy name is
," Marissa Mayer - surged 3.47% to a six-year peak, and
), on a tear since
belatedly naming a woman to its board
, jumped 5.80% to a post-IPO best. Yet US stock markets still ended
lower. Even GM, which lost 1.22% as investors opted against parking
their money in the auto outfit. (One wonders why, with the
gals better than us guys at parking the car
.) As for the fellas, a
of taxi drivers saw
), which tumbled 10% last week, arrest its slide with a 0.82%
advance. But the day definitely belonged to the distaff side.
), whose market is young moms, gained 4.91% even as it
merited only a lukewarm 'Neutral'
Bank of America
) unit long known as "Mother Merrill." That brokerage had an
equally eventful session, simultaneously playing the role of
In terms of economic events that may move US markets today,
analysts expect November's budget deficit to widen at 2:00 p.m.
Eastern. Regarding specific stocks,
(NDSN) are all due to release results. And
(HLT) prices its initial public offering.
(BRCD): Citigroup starts the stock at a Sell.
(BBRY): BlackBerry stock is trading lower today after Citi
transitioned analyst coverage with a Sell from the prior Neutral.
BlackBerry stock has recently traded to 10-year lows.
Car Rental Companies
: Deutsche Bank has only a Hold on
Avis Budget Group
(CAR) but begins Buy-rated research on its archival
Hertz Global Holdings
(HTZ). Its respective stock price objectives are $42 and $33.
(GLW): The glass giant gets assigned a new Neutral at Citigroup.
(EHTH): Jefferies starts the stock at a Buy. Its target price is
(FFIV): Citi has a fresh Buy on FFIV.
: Mizuho has a new Neutral on and $23 target on
(CSCO), but is more upbeat on Buy-rated
(JNPR), on which it has a $28 target. (Note that Cisco was
separately started with a rare Sell rating at Citigroup, whose
objective is $18.)
(MCO) are each initiated with Outperforms at Credit Suisse.
: Mizuho has a Buy and $15 price objective on
(NOK), however, only rates a Neutral ($8 objective) amid
uncertainty surrounding its strategy and cash deployment.
: Jefferies begins Buys on
(SSYS), assigning respective price objectives of $72, $102, and
(TWTR): The stock, a stellar performer thus far in December, is
only a Neutral at Macquarie. Valuation issues loom understandably
Stock Upgrades: 3M Gets Out of a Sticky
Stock Downgrades: W.R. Grace Isn't Amazing