To The Moon

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Analysts had the Most Buy Ratings on Stocks for Over a Decade, with Optimistic Target Price Estimates. According to new data from FactSet, analysts had the most Buy ratings on stocks in the S&P 500 as a percentage of their total ratings during February and March in over a decade. As of March 31, Of 10,821 ratings on companies tracked by the benchmark, 57.3% had an investment analyst recommendation to purchase their stock, slightly trailing February at 57.4%. And 37.1% were Hold ratings, and 5.6% were Sell ratings. Over the past five years, the average (month-end) percentage of Buy ratings is 52.9%, the average (month-end) percentage of Hold ratings is 41.1%, and the average (month-end) percentage of Sell ratings is 6.0%. Prior to the surge, the l

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The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 17 IPOs slated to raise $4.7 billion.The largest deal of the week, specialty insurance brokerage Ryan Specialty Group plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard-to-place risks for retail insurance brokers, and the sourcing, onboarding, underwriting, and servicing of those hard-to-place risks for insurance carriers. Profitable on an EBIT basis in t

Major cryptocurrencies started the week in the red on Monday, as a lull that has hit the market in r

The "end of the quarter" refers to the conclusion of one of four specific three-month periods on the