Despite the large moves downward for Turkish stocks and the currency (Lira) due to the ongoing political standoff due with the US, the Invstr community predicts a move upward for the currency by the end of this week.
On Banking giant Wells Fargo they foresee a dip in the share price. The firm reports earnings this week alongside its peers JPMorgan Chase, Citi and Bank of America. Delta Airlines is slated to report earnings of $1.54/share on $11.03 billion in revenue when they announce on Wednesday this week before US markets open. Invstrs are bearish on the stock expecting a dip over the week, though it does have an attractive valuation relative to its peers in the sector on a price/earnings basis.
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