Pre-Open Stock Movers 05/24: Snap's Warning Sends Tech Stocks Reeling; Insulet Gains on Deal Talk (more...)
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- 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
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Tesla (TSLA) PT Lowered to $1,050 at Jefferies, 'When it rains, it pours'
May 26, 2022 3:17 AM EDTJefferies analyst Philippe Houchois lowered the price target on Tesla (NASDAQ: TSLA) to $1,050.00 (from $1,250.00) while maintaining a Buy rating.
The analyst comments "As visibility on China production starts to improve, we update FY estimates and take a prelim Q2 view. We cut FY volume 85k units, -5% to 1,415k (52% annual unit growth) mostly on c.30 day production loss, progressive return to work by June end and slow start in... More
Best Buy (BBY) PT Lowered to $88 at Telsey
May 24, 2022 3:58 PM EDTTelsey analyst Jospeh Feldman lowered the price target on Best Buy (NYSE: BBY) to $88.00 (from $90.00) while maintaining an Outperform rating following earnings.
... MoreMeta Platforms (FB) now down 10% following Snap's warning
May 24, 2022 10:21 AM EDTMeta Platforms (NASDAQ: FB) now down 10% following Snap's warning
... More