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The Latest Breaking News from Loop Capital

Stock Market Today: Stocks Close Lower Ahead of Long Holiday Weekend

The main indexes finished in negative territory Friday following another disappointing inflation reading.

Kiplinger

New investor group signals Sky’s commitment to becoming an upper-echelon WNBA franchise

The Sky’s new valuation of $85 million conducted by Chicago investment bank Loop Capital makes it the second-highest in the league behind the Storm.

Chicago Sun-Times

$100 million South Shore film studio a step toward making Chicago ‘Hollywood of the Midwest,’ officials say

The 222,000-square foot Regal Mile Studios is projected to open next year on a 7-acre parcel at South Chicago Avenue, Stony Island and 77th Street. The studio will have five soundstages, a gym, cafeteria and recreation space.

Chicago Sun-Times

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This holiday season was 'Custer's last stand' for Bed Bath & Beyond. It will be "gone" by next Christmas, top analyst says.

George Custer made his last stand at the legendary Battle of the Little Bighorn. Loop Capital’s Anthony Chukumba believes Bed Bath & Beyond is doing its version now.

Fortune

Benzinga's Top Ratings Upgrades, Downgrades For November 1, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 27, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For August 19, 2022

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Benzinga

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Benzinga's Top Ratings Upgrades, Downgrades For August 9, 2022

Benzinga

Why Are Insiders Buying Bed Bath & Beyond Stock For The First Time In 5 Months?

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares surged Thursday morning after several filings with the U.S. Securities and Exchange Commission (SEC) showed recent insider buying.

Benzinga

Why Crocs Stock Is Rising Today

Crocs Inc (NASDAQ: CROX) shares are trading higher Tuesday following bullish analyst coverage from Loop Capital.

Benzinga

'It's Game Over': Loop Capital Analyst Warns That Bed Bath & Beyond's Days Are Limited

Bed Bath & Beyond Inc (NASDAQ: BBBY) shares hit 52-week lows on Wednesday after the company reported weak earnings results and announced a CEO transition. One analyst believes the pain is just getting started.

Benzinga

Loop Capital Maintains Sell Rating for Wayfair: Here's What You Need To Know

Loop Capital has decided to maintain its Sell rating of Wayfair (NYSE:W) and lower its price target from $90.00 to $70.00. Shares of Wayfair are trading down 0.1% over the last 24 hours, at $67.38 per share. A move to $70.00 would account for a 3.89% increase from the current…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 26, 2022

Upgrades According to Susquehanna, the prior rating for Boyd Gaming Corp (NYSE:BYD) was changed from Neutral to Positive. At the moment, the stock has a 52-week-high of $72.72 and a 52-week-low of $50.38. Boyd Gaming closed at $64.20 at the end of the last trading period.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 25, 2022

Benzinga

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 14, 2022

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Benzinga

Loop Capital Maintains Buy Rating for Avery Dennison, Lowers Price Target To $202

Loop Capital has decided to maintain its Buy rating of Avery Dennison (NYSE:AVY) and lower its price target from $209.00 to $202.00. Shares of Avery Dennison are trading down 0.78% over the last 24 hours, at $172.15 per share.

Benzinga

Loop Capital Sees 30% Upside In Xometry - Read Why

Loop Capital analyst Scott Graham initiated coverage of Xometry Inc (NASDAQ:XMTR) with a Buy rating and a $50 price target, implying a 30% upside. The analyst noted Xometry’s revenue growth is driven by core buyers increasing the platform use and attracting new buyers at various organizations. Graham is optimistic about the company’s revenue streams and…

Benzinga

Disney Parks Win Another Analyst's Confidence After Goldman Sachs, Wells Fargo, BofA

Morgan Stanley analyst Benjamin Swinburne has an Overweight rating and a $170 price target (28.3% upside) on The Walt Disney Co (NYSE:DIS). Swinburne saw Disney implementing Technology and operational tools in its parks that should drive structurally higher growth and incremental margins, and he raised his Parks estimates accordingly. Swinburne, who saw a multi-year period…

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Chicago Sun-Times

Between a rock and a Hard Rock place? Casino developer hears resident gripes about traffic, crime — and looming ‘millstone’

Developers of the proposed Hard Rock Chicago casino were met by hundreds of South Loop residents concerned about more traffic, crime and noise in the neighborhood — and the prospect of another massive development next door.

Benzinga

Loop Capital Remains Bullish On Disney Despite Slashing Price Target By 13%

Loop Capital analyst Alan Gould lowered the price target on The Walt Disney Co (NYSE:DIS) to $165 from $190 (19% upside) but kept a Buy rating on the shares. The analyst noted the performance of the company's Parks business is "more than a reopening play," boosting his operating income potential on the segment to over…

Benzinga

Analysts Bump Up Price Target On This Sporting Goods Company - Read Why

Stephens analyst Daniel Imbro raised the price target on Academy Sports and Outdoors Inc (NASDAQ:ASO) to $70 from $68 and maintained an Overweight rating on the shares. The revised price target implies a 75% upside. The analyst cites the company's Q4 as another quarter of solid margin leverage. The analysts added that the current valuation…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For March 30, 2022

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Benzinga

Loop Capital Is Bullish On GMS, Sees Notable Upside

GMS Inc (NYSE:GMS) was initiated by Loop Capital analyst Jeffrey Stevenson, with a Buy rating and a price target of $62, implying an upside of 17%. The analyst mentions GMS has several positive catalysts that will move the shares higher. Stevenson thinks the share pullback from recent highs presents an attractive long-term entry point.…

Benzinga

Analysts Cut BJ's Wholesale Club Price Target Post Q4 Results

Analysts slashed their price target on BJ's Wholesale Club Holdings Inc (NYSE:BJ) following the release of Q4 results. Credit Suisse analyst Robert Moskow lowered the price target to $70 from $80 and kept an Outperform rating on the shares, implying a 24% upside. Moskow thinks the pullback in the stock after weak Q4 results is an…

Benzinga

Analysts Slice Down This Pizza Chain's Price Targets

Analysts lowered their price target on Domino's Pizza Inc (NYSE:DPZ) following the company's Q4 results. Citi analyst Sergio Matsumoto lowered the price target to $480 (18% upside) from $540 and kept a Neutral rating on the shares. The analyst cited forecast decreases and market conditions for the reduced price target. Barclays analyst Jeffrey Bernstein lowered…

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