How low can they go? These stock analysts are issuing $0 and $1 price targets

Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don't often issue overly skeptical research reports on the companies they cover. And they tend not to ask executives tough questions on earnings calls, leaning toward a more "Great quarter, guys!" approach.

News: What you need to know about the markets     How low can they go? These stock analysts are issuing $0 and $1 price targets Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don't often issue overly skeptical research reports on the companies they cover. And they tend not to ask executives tough questions on earnings calls, leaning toward a more "Great quarter, guys!" approach. Read more »   Billionaire hedge fund manager Julian Robertson dies at 90 Billionaire investor Julian Robertson, whose Tiger Management once ranked among the world's biggest and most successful hedge funds and who trained several generations of prominent fund managers known as Tiger Cubs, has died at age 90. Read more »   Gas prices drop 70 days in a row in the second-longest streak since 2005 Drivers have something to smile about: A historic drop in gasoline prices. Read more »   Zoom gets slammed: Stock plunges on weak outlook The pandemic lift for Zoom has gone poof. Read more »   Some Kia and Hyundai SUVs should be parked outside over fire risk Owners of some Hyundai and Kia SUVs that were recently recalled over fire risks should park their vehicles outside and away from homes until their cars are repaired, the US Department of Transportation said on Tuesday. Read more »   How to get half off Subway footlongs for a month It's not $5, but Subway's newest subscription program makes the price of its footlong even more appetizing. Read more »

Dow Nasdaq S&P -154.02   -0.27   -9.26 32,909.59   12,381.30   4,128.73 -0.47%   0.00%   -0.22% YTD -9.44%   YTD -20.86%   YTD -13.37%

Biggest Winners Halliburton Co +6.95%   Occidental Petroleum Corp +6.90%   Schlumberger NV +6.61%   Freeport-McMoRan Inc +6.46% Biggest Losers Twitter Inc -7.32%   Healthpeak Properties Inc -3.16%   Medtronic PLC -3.08%   Elevance Health Inc -2.72%

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Key Market Stats Latest Today's Change Oil $93.83 +3.47 / +3.84% Gold $1,761.60 +13.20 / +0.75% 10-yr 3.05% +0.02 Euro $1.00 +0.00 / +0.32%

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