PG&E, Las Vegas Sands, Planet Fitness Rise Premarket; Li Auto, Lyft Fall

Evercore ISI on Apple (AAPL): 'remains one of the few companies that is positioned to beat/raise through H2:22'

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL)

The analyst comments " Multiple news outlets, including Bloomberg, have reported that AAPL has told suppliers to curtail efforts to increase production of the iPhone 14 by as many as 6M units. The implication is now that AAPL will aim to produce ~90M units of the iPhone 14... More

Stellantis (STLA) and Uber (UBER) Partner with Free2Move in France

Stellantis (NYSE: STLA) and Uber (NYSE: UBER) announced in a joint presentation, Tuesday, that they have partnered with global mobility company Free2Move to focus on the French electric vehicles market.

During the presentation, the companies... More

Morgan Stanley and UBS Positive on PG&E Corp. (PCG) Following S&P 500 Inclusion News

Morgan Stanley's David Arcaro told investors in a note Monday that they see "several potential technical benefits" to the news that PG&E Corp. (NYSE: PCG) will be re-added to the S&P 500 on October 3.

The company was removed from the index in 2019, but the S&P Dow Jones Indices announced it would be re-added when it reported changes to the index after the close on Friday.

"We see several potential positive... More

Canaccord Sees One Clear Positive Catalyst for PayPal (PYPL)

In a wide-ranging note Monday, Canaccord analyst Kai Korschelt stated that despite a tough macro backdrop, they see one clear upcoming positive catalyst on the horizon for PayPal (NASDAQ: PYPL).

That positive catalyst is Pay with Venmo being launched on Amazon (NASDAQ: AMZN), which is expected to occur in the fourth quarter.

With... More

Planet Fitness (PLNT) Shares Rise Following Raymond James Strong Buy Rating

Shares of Planet Fitness (NYSE: PLNT) were upgraded to Strong Buy from Market Perform by Raymond James on Monday, with a price target of $70 per share.

Analyst Joseph Altobello explained in a note to clients that the firm's bullish stance on the shares of Planet Fitness reflects the company's highly resilient business model and value gym... More

PG&E Corporation (PCG) S&P 500 Addition Could Bring 15 Days of Buying Volume - UBS

UBS analyst Gregg Orrill reiterated a Buy rating and $18.00 price target on PG&E Corporation (NYSE: PCG) after it was announced the company will be added to the S&P 500 index effective 10/3. The firm said this could represent 15 days of buying volume

The analyst... More