3 Hours Ago
WD-40 shares pop in after hours trading
WD-40 Company popped 4.7% in extended trading Monday after the maker of lubricants and rust removers reported fiscal third-quarter results. WD-40 posted $141.7 million in total net sales, a 15% increase from the prior year.
CEO Steve Brass said in a statement, “I am happy to share with you that after two quarters of flat-to-down sales, we have returned to solid top line growth in the third fiscal quarter.”
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WD-40 shares 1-day
3 Hours Ago
Barclays raises S&P 500 price target to 4,150
Barclays has raised its 2023 price target on the S&P 500 price target to 4,150 from 3,725.
“We think equities would remain range bound through year end, and do not see the Tech-centric rally broadening to the rest of S&P. We would tactically add to secular growth exposure,” analyst Venu Krishna said in a note Monday. “That being said, history suggests Big Tech and Rest of Tech could retrace in the near term as markets get skittish around the very low breadth of the rally, which we would view as a tactical entry point.”
The broad market index ended Monday at 4,409.53.
The firm also increased its 2023 full-year earnings estimate to $218 from $200.
— Tanaya Macheel
3 Hours Ago
Stock futures open little changed
U.S. stock futures were little changed on Monday night.
Dow Jones Industrial Average futures dipped 2 points, or 0.01%. S&P 500 declined 0.01%, while the Nasdaq-100 futures rose 0.02%.
— Sarah Min
