PepsiCo, Rivian and Honeywell rise premarket; Jupiter, Corning fall
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Juniper Networks (JNPR) headwinds position it for downside EPS risk - JPMorgan
October 10, 2023 2:30 PM EDTJPMorgan analyst Samik Chatterjee downgraded shares of Juniper Networks (NYSE: JNPR) to Neutral from Overweight, lowering the price target to $29 from $32 per share in a note Tuesday.
The analyst told investors his firm downgraded the stock as cloud and service provider headwinds position the company for downside EPS risk... More
UBS upgrades Rivian (RIVN) to Buy following capital raise
October 10, 2023 9:41 AM EDTUBS upgraded electric automaker, Rivian (NASDAQ: RIVN) to a Buy rating (From Neutral) but cut their 12-month price target to $24.00 (From $26.00) following the companys most recent capital raise.
RIVN stock has experienced a decline of around 20% since 10/04. This drop can be attributed to the company's issuance of a $1.5... More
