Vanguard's Short-Term Tax-Exempt Bond ETF (VTES) and Short Duration Tax-Exempt Bond ETF (VSDM) provide investors exposure to municipal bonds with lower interest rate risk due to their short durations. These ETFs are attractive in a volatile interest rate environment as they offer less price volatility compared to long-duration municipal bond funds. Launched in 2023 and 2024 respectively, they cater to different risk preferences and aim for capital preservation and tax efficiency. However, their returns are only slightly better than money market funds and certificates of deposit, leading to a Hold rating for both ETFs as investors await clearer interest rate trends.
BJ's Wholesale Club reported quarterly earnings per share of $1.36 and revenue of $6.23 billion, surpassing analyst expectations. The growth was driven by budget-conscious shoppers and strong membership momentum, pushing sales beyond the company's fo...
UBS analyst Radi Sultan set a $40 price target for GitLab Inc., suggesting a nearly 5% downside from its current $42.08 share price. Despite this cautious outlook, the rise of AI is boosting demand for GitLab's software development platform, especial...
DraftKings (DKNG) shares closed at $25.03 on August 20, 2026, well below their 52-week high of $48.78, reflecting significant volatility. Wall Street analysts mostly maintain a positive outlook, with many recommending Buy or Strong Buy and average pr...
Equifax received an analyst upgrade to 'Buy' with a new price target of $235, indicating a potential 22% gain from its current price. The company reported strong Q2 2026 earnings and revenue that exceeded expectations, driving a 12.7% stock rise. Des...
Citigroup has raised its price target for Ross Stores to $290, following the company's strong Q2 performance where revenue reached $6.27 billion and earnings per share hit $2.66, both surpassing estimates. The retailer also increased its full-year ea...
