Jun. 16 at 1:23 PM
Analyst Ratings:
Medtronic
$MDT initiated as BUY by Leerink Partners, target
$110 (24.83% upside).
Boston Scientific
$BSX initiated as BUY, target
$118 (18.31% upside).
Martin Marietta
$MLM initiated as HOLD by RBC Capital, target
$515 (-5.07% downside).
Economic Data: NY Fed Manufacturing Index fell to -16.0 in June, worse than the expected -6.3, signaling manufacturing weakness.
Market Risks: RBC warns U.S. stocks risk a 20% drop in a high inflation scenario. Morgan Stanley raised oil forecasts by up to
$10 due to Middle East tensions, potentially impacting markets.
Crypto & ETFs: Truth Social filed for Bitcoin and Ethereum ETFs. MicroStrategy
$MSTR bought 10,100 BTC between June 9-15.