CoStar Group Cut to Market Perform From Outperform by William Blair
Fed rate decision pushed Treasury yields up, spurring downgrades on software (CoStar, RLI) and upgrades on industrials—growth-to-value rotation. Rising cost of capital compresses SaaS valuations and forces tech budget re-evaluation in higher-rate environment.
CoStar Group Cut to Market Perform From Outperform by William Blair
CoStar Group Cut to Neutral From Buy by Citigroup
Ford Motor Raised to Buy From Neutral by Citigroup
Lineage Raised to Outperform From Neutral by Mizuho
MPLX Cut to Peer Perform From Outperform by Wolfe Research
Stock futures were up while Treasury yields advanced further
Laggards that are also plays on near-term rate cuts stood out. Today also saw a pretty strong bid in Treasurys, compressing…
Conduent to Sell Public Transit and Fare Collection Business for $164M; Modaxo to Buy Conduent's Public Transit Business
Agnico-Eagle Mines 2Q EPS $3.17; 2Q Net $1.6B; 2Q Adj EPS $3.05; 2Q Rev $3.8B
The Moody's downgrade of the U.S. credit rating rippled through markets on Monday and put fresh focus on the nation's fiscal…
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of…
