Futures lower, Fed decision and U.S. CPI ahead this week - what's moving markets

Barclays Reiterates Equalweight Rating on Southwest (LUV)

Barclays analyst Brandon Olgenski reiterated an Equalweight rating and $26.00 price target on Southwest (NYSE: LUV).

The analyst comments "Southwest Airlines has fallen from one of the most profitable large US carriers to one of the lowest; fresh perspective on strategic direction and network design could have meaningfully positive impact on relative margins. Please see our initial reaction on activism at Southwest here: Thoughts on Potential Activist Shareholder published 10 June 2024. Southwest financial performance has materially trailed other US airlines, which has led to the attention of activist shareholder Elliott, with the investment firm... More

RBC on Boeing (BA): 'Sentiment on order activity for Boeing could be moderating'

RBC Capital analyst Ken Herbert reiterated an Outperform rating and $215.00 price target on Boeing (NYSE: BA).

The analyst comments "Sentiment on order activity for Boeing could be moderating. Boeing received just 4 aircraft orders for the 787 in May with total backlog now at ~6,200 aircraft. BA's total backlog... More

Citi: Nasdaq favored while EU banks shunned

Analysts at Citi said in a note that amidst the market uncertainty, the Nasdaq is favored.

The investment bank explained in its equity markets positioning model note this week that investor positioning in US equities stabilized after a pick-up in long flows over the past week.

Meanwhile, Nasdaq's... More

UBS explains how to invest in tech stocks

In a note Monday, UBS analysts said they see big opportunities in tech, particularly in those leveraging artificial intelligence (AI).

Their note, "How should I invest in tech?" emphasizes AI as a key driver, stating, "We think the adoption of AI will unlock value across a number of sectors."

For investors, UBS highlights information technology stocks as their "most preferred"... More

BTIG: Industrials, builders, hotels vulnerable while med devices look timely

In a note to clients Monday, BTIG analysts warned of potential weakness in certain sectors while identifying relative bright spots.

Despite ongoing bullish sentiment, BTIG remains "tactically cautious" due to the S&P 500 trading "over 12% above its 200 DMA," a level it historically hasn't sustained for long... More