Stock futures mixed as investors await wholesale inflation report
MSN·- Stock index futures showed mixed results on Thursday as investors awaited the upcoming Producer Price Index inflation report. - Dow futures rose 0.13 % and S&P 500 futures gained 0.11 %, while Nasdaq futures declined 0.11 %. - The consensus expects the July PPI to increase 0.2 % on the month and 0.3 % excluding food and energy.Analyst Reiterates Buy on West as Biologics-Driven Double-Digit Growth, Margin Upside and Conservative Outlook Signal Further Upside Potential
Tip Ranks·- Analyst Matt Larue maintains a bullish outlook on WST stock, issuing a buy rating on July 15 due to strong growth in the biopharmaceutical sector. - He notes significant contributions from both GLP and non-GLP products, with non-GLP products growing at a high single-digit rate, and that company performance exceeded both his and market expectations. - TD Cowen also reaffirmed a buy rating with a target price of $410, reinforcing positive sentiment in the market.