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Futures were up across the board on Tuesday after a wild Monday that saw all indices open wide, before the Nasdaq and Russell 2000 turned negative and then rebounded in the afternoon, with only the Nasdaq closing in. decrease. While some pointed to the “buy down” trend after last week’s sales, there were many additional items that cast a shadow over the future. These include the decrease in quantitative easing, the very difficult path of further fiscal stimulus, and the slowing reopening momentum due to the spread of the Delta variant. Analysts also pointed to persistent supply chain problems and inflationary pressures on sales and corporate profit margins.

Despite the concerns and the potential for a “taper tantrum” as we saw in 2013, the Federal Reserve is committed to keeping interest rates contained. With that in mind, Fed officials have strongly hinted that the $ 120 billion per month QE purchases will start scaling as early as November, and that all massive bond purchases could be completed by November. end of 2022.

While big Wall Street companies still warn of the potential for an imminent 5% to 10% correction across the board, which could have started last week, it makes sense that investors will continue to build up reserves. of liquidity in any market force while repositioning portfolios for the rest. from 2021.

24/7 Wall St. examines dozens of analyst research reports every weekday with the aim of finding new ideas for investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls relate to stocks to sell or to avoid. Remember that no analyst call should ever be used as a basis for buying or selling a stock. Target data for consensus analysts comes from Refinitiv.

These are the main analyst upgrades, demotions and initiations seen on Tuesday, September 14, 2021.

Applied Materials Inc. (NASDAQ: AMAT): Susquehanna lowered the stock to Neutral from Positive and lowered the price target to $ 160 from $ 170. The consensus price target for the semiconductor capital goods giant is $ 162.47. The stock closed Monday at $ 139.44 a share.

Casey’s General Stores Inc. (NASDAQ: CASY): Northcoast has raised the share to Buy from Neutral and has a price target of $ 247. The consensus goal is $ 225.36. Monday’s last trade was $ 194.60.

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