| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
On CNBC’s "Halftime Report Final Trades," Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said Shell plc (NYSE:SHEL) is trading at nine times earnings and also has a 4% dividend yield.
On April 5, Shell updated its first quarter FY24 operational outlook, reflecting lower results from its liquefied natural gas (LNG) trading business. For Integrated Gas, the company updated the production outlook to be 960 – 1,000 thousand boe/d (vs. 930 – 990 thousand boe/d expected earlier) and LNG liquefaction volumes to 7.2 – 7.6 MT (vs. 7.0 – 7.6 MT prior).
Stephen Weiss of Short Hills Capital Partners said he is short on Invesco QQQ Trust (NASDAQ:QQQ).
Sarat Sethi said Freeport-McMoRan Inc. (NYSE:FCX) is the best way to play copper, as copper demand keeps going up and supply is limited.
On April 9, BofA Securities analyst Lawson Winder upgraded Freeport-McMoRan from Neutral to Buy and announced a $59 price target, while Scotiabank analyst Orest Wowkodaw maintained the stock with a Sector Outperform and raised the price target from $48 to $55.
Don’t forget to check out our premarket coverage here
Joseph M. Terranova of Virtus Investment Partners named Steel Dynamics, Inc. (NASDAQ:STLD) as his final trade.
Steel Dynamics is expected to release first-quarter financial results after the closing bell on April 23. Analysts expect the company to report quarterly earnings at $3.51 per share on revenue of $4.74 billion.
Price Action:
Check This Out: Bank of America, Morgan Stanley And 3 Stocks To Watch Heading Into Tuesday
Image generated using artificial intelligence via Midjourney.
