To buy or not? The answer of the experts
In the end, the US and Eurozone GDP weighed heavily on international markets. All the stock exchanges, in the second half of the day, started to turn negative. In this scenario, worsened also by the boom in US unemployment benefit applications, is it better to buy or not? The answer of the experts
What to buy according to analysts on Wall Street
The US is now more than ever the needle of the balance. In fact, the numbers of requests on unemployment benefits (3.84 million) weighed on the sentiment of the operators. To buy or not? And again, what to buy on Wall Street? Among the actions recommended by analysts today is Facebook Inc. which for Rosenblatt is judged to be bought (buy) with a target of $ 244 from $ 223. Robert W. Baird also expressed optimism, who reiterated his Outperform rating by increasing the price target at $ 240 from $ 200. Promotion also by Pivotal Research (from Sell to Hold) with a price target of $ 225. Buy from BofA Securities with a target of $ 240 from the previous $ 200.
The most important events in the economic calendar
At set times, the economic calendar can be consulted to read the results of the published macroeconomic data. As for today's data, the March unemployment rate in Italy dropped to 8.4%. The GDP of Europe in the first quarter (-3.8%) and Italy (-4.8%) is particularly important. The unemployment rate (April) in Germany (5.8%) and in the Eurozone (7.4%). For tomorrow, however, attention will be for the US world with April PMI manufacturing and ISM data.