Investor Sentiment Declines Following Jobs Data
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index showed a decline in overall sentiment among U.S. investors following the release of mixed jobs report. U.S. stocks closed lower on Friday, with the Dow Jones losing 1.96%. Mizuho maintained Tesla, Inc. (NASDAQ:TSLA) with a Buy and raised the price target from $230 to $300. Investors are awaiting earnings results from Helen of Troy Limited (NASDAQ:HELE) and PriceSmart, Inc. (NASDAQ:PSMT).
July 10, 2023 | 6:06 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from Helen of Troy Limited.
The upcoming earnings report could impact Helen of Troy's stock price, but the direction will depend on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from PriceSmart, Inc.
The upcoming earnings report could impact PriceSmart's stock price, but the direction will depend on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Mizuho maintained Tesla, Inc. with a Buy and raised the price target from $230 to $300.
The raised price target by Mizuho indicates a positive outlook for Tesla, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100