After-Hours Movers: Alcoa, CSX, Tesla Gain Following Earnings
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Tesla (TSLA) PT Raised to $410 at JPMorgan, Remains Underweight
July 21, 2022 3:57 PM EDTJPMorgan analyst Ryan Brinkman raised the price target on Tesla (NASDAQ: TSLA) to $410.00 (from $385.00) while maintaining a Underweight rating.
The analyst comments "Our Underweight rating considers notable investment positives, including a highly differentiated business model, appealing product portfolio, and leading-edge technology, which we believe... More
Credit Suisse on Tesla (TSLA): 'Challenging 2Q ends better than expected'
July 21, 2022 8:07 AM EDTCredit Suisse analyst Maheep Mandloi reiterated an Outperform rating and $1,000.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "2Q gross margin came largely in-line with consensus given well-documented challenges of the period. While the impacts from the shutdown of Shanghai were... More
CSX (CSX) PT Lowered to $37 at Cowen
July 21, 2022 6:30 AM EDTCowen analyst Jason Seidl lowered the price target on CSX (NASDAQ: CSX) to $37.00 (from $39.00) while maintaining a Market Perform rating.
The analyst commented, "CSX kicked off rail earnings with a top/bottom-line beat powered by strong coal pricing and stable volumes despite continued... More
Loop Capital Upgrades CSX (CSX) to Buy
July 21, 2022 5:30 AM EDTLoop Capital analyst Rick Paterson upgraded CSX (NASDAQ: CSX) from Hold to Buy with a price target of $38.00.
The analyst comments "ve that theyre going to turn this thing around in the next 10 weeks. Getting a melted-down Class I out of the ditch is... More
