Computer security stocks rose after credit score serviceย Equifax (EFX) late Thursday announced a major cybersecurity breach exposed up to 143 million U.S. consumers. Proofpoint (PFPT) briefly surged into buy territory but gave back some of those gains and was up 2% to 93.53 in recent action. FireEye (FEYE) was up nearly 1% to 15.92 on the stock market today. Andย Symantec (SYMC) climbed 4.6% to 32. "We view FireEye and Proofpoint as most positively exposed to breach-related spend," said Walter Pritchard, a Citigroup analyst in a report. "Also, Symantec's Lifelock business sells identity protection services and with a credit bureau breached, they could be a beneficiary. Equifax competes with Symantec
In a blog post on Friday,ย the company announced that it was cutting prices on "thousands of items" as part of a store-wide evaluation on prices and value, and to become less promotional overall. Target has faced challenges as customers shop more online and less in big-box stores.
The Relative Strength (RS) Rating for Bristol-Myers Squibb (BMY) jumped into a new percentile Friday, with a rise from 70 to 80. XAutoplay: On | Off IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database. Decades of market research shows that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest runs. The stock is working on a cup without handle with a 77.22 entry. See if it can break out in heavy volume. The company reported 7% EPS growth in the latest quarterly report. Sales increased 6%. The company holds the No. 5 rank among its peers