- Wall Street looks pretty non-committal for a second straight session as investors look ahead to this week’s two inflation reports: Wednesday’s consumer price index and Thursday’s producer price index.
- Club earnings this week: Constellation Brands, maker of Modelo and Corona beers, on Thursday, and Wells Fargo on Friday. Goldman Sachs is “incrementally more positive” on Constellation.
- Piper Sandler lowers Ulta Beauty price target to $595 per share from $665. The analysts say the sell-off is overdone and keeps buy rating. Club owns embattled Estee Lauder. On “Mad Money” tonight: Elf Beauty CEO Tarang Amin. Piper analysts raise Elf price target by $3 per share to $228.
- Gold makes new highs. Bank of America starts Freeport-McMoRan with a buy. Is it time to buy the gold miners?
- Wolfe Research likes U.S. Steel and upgrades it to a buy-equivalent rating but drops Cleveland-Cliffs to a sell.
- Barclays raises Netflix price target to $550 per share from $475.
- Goldman Sachs …
Jim Cramer’s top 10 things to watch in the stock market Tuesday [Video]
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