The Dow Jones Industrial Average stumbled triple digits to begin the week after Republicans shelved an unpopular health-care bill on Friday. President Donald Trump's failure to push through reform raised doubts over how he can enact other promises, including tax cuts. Snap (SNAP) rose following a series of analyst moves. RBC Capital initiated coverage at OVERWEIGHT with a $31 price target, JPMorgan rated it as NEUTRAL, and Goldman Sachs and Jefferies both have a BUY rating. Weatherford International (WFT) rose after entering into a joint venture with Schlumberger (SLB) to service the fracking industry in the U.S. and Canada. Wells Fargo upgraded Weatherford to OUTPERFORM on the news. Starbucks (SBUX) was initiated at OUTPERFORM at Tesley Advisory. The firm said few consumer brands have as broad a generational appeal as the coffee chain.
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