A sell-side firm initiated coverage of ServiceNow (NOW) with a buy or overweight recommendation with a $600 price target. In our April 22 review of NOW we recommended that "NOW could continue to bounce further in the short-run but with the big risk that we are looking at a large top pattern remains. I would stay on the sidelines." Let's check and see if anything has changed for the positive.
More from Investing
MU reported earnings Thursday night and the guidance was shocking.
Keep in mind that no matter how much a stock has fallen, it can always go lower, and it appears these four stocks could prove that point.
The shares of the biotech company appear to be finding a bottom but could use more sideways action to create a better base.
A key goal is to keep from losing money while the current bear runs its course, and don't count on positive seasonality leading to the Fourth of July.