Midday movers: Broadcom, Tesla rise; MicroStrategy falls
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- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Oracle raises full year profit guidance, stock rises after hours
- Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
- 'No panic anywhere' may be the problem, BofA strategists warn
- Buy Shopify stock at this ’AI-enabled entry point,’ analyst says
- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Dell shares surge on record AI server bookings
- 'No panic anywhere' may be the problem, BofA strategists warn
- Kroger cuts same-store sales outlook, keeps earnings guidance
- AstraZeneca's camizestrant fails primary endpoint in breast cancer trial
- After-Hours Movers: ORCL, CRWV, ADBE, ACVA, CPRT, ZUMZ, PMTS, RH
- After-Hours Movers: COO, AEO, NAVN, AVAV, TORO
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
Deutsche Bank Reiterates Buy Rating on GE Aerospace (GE)
June 17, 2024 6:16 AM EDTDeutsche Bank analyst Scott Deuschle reiterated a Buy rating and $209.00 price target on GE Aerospace (NYSE: GE)
The analyst comments "We are raising our 2Q EBIT/EPS estimates by 2%/3%, respectively, and lowering our 2Q revenue forecast by 3%. Our lower 2Q revenue forecast... More
Morgan Stanley on Tesla (TSLA): 'He’s back'
June 14, 2024 6:49 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Hes back. Tesla investors can now expect Elon Musk to remain CEO of the company. We expect he will be present on the 2Q conference call and that Tesla will go forward with hosting a robotaxi event in Austin on... More
Morgan Stanley Comments on Elon Musk Tweet Re: Tesla (TSLA) Vote
June 13, 2024 11:52 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "According to the WSJ, Tesla CEO Elon Musk posted on X that preliminary voting results indicate both major shareholder resolutions to ratify Musk's 2018 compensation package and reincorporate the company in Texas are "currently passing by... More
Broadcom Limited (AVGO) PT Raised to $1,900 at Deutsche Bank
June 13, 2024 10:56 AM EDTDeutsche Bank analyst Ross Seymore raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,900.00 (from $1,500.00) while maintaining a Buy rating.
The analyst comments "AVGO delivered a solid top-line F2Q24 beat vs. DBe (~$12.5B vs. ~$11.7B), powered by another quarter of outperformance in AI (DBe +35% q/q with... More
