Wednesday’s Pre-Market Update: Stocks In The News Before The Open

Wednesday’s Pre-Market Update: Stocks In The News Before The Open

Ralph Lauren (RL) was downgraded to ‘Underweight’ from ‘Neutral’ at Atlantic Equities LP with a price target of $68. Cavium (CAVM) was rated a new ‘Buy’ at MKM Partners with a 12-month price target of $77. XPO Logistics (XPO) rallied over 3% in after-hours trading after it reported Q4 adjusted EPS of 24 cents, higher…

Tuesday’s Closing Look
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Tuesday’s Closing Look

Stocks were closed on Monday for the Holiday. On Tuesday, stocks rallied nicely as investors continued to buy stocks. The White House announced Monday that Lieutenant General H. R. McMaster will become the new national security advisor. McMaster replaces Michael Flynn, who resigned last week. Economic news was light. The flash read on the IHS Markit…