First Republic, Deutsche Bank, Chevon, Block fall premarket; Regeneron rises
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StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P dip, trading choppy as tech stocks fall
- Brent hits lowest since before start of Iran war as more tankers exit Hormuz, easing supply
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- UBS Reiterates Buy Rating on Snowflake Inc. (SNOW)
Coinbase (COIN) faces an 'incremental risk to operations' - TD Cowen
March 24, 2023 10:26 AM EDTTD Cowen analyst Stephen Glagola downgraded Coinbase (NASDAQ: COIN) to Underperform from Market Perform with a $36 per share price target on Friday, telling investors in a note that there is an incremental risk to operations from the SEC Wells Notice and crypto banking crackdown.
The analyst stated it "appears multiple prongs of COIN's business are... More
JPMorgan Defending Deutsche (DBK:GR) (DB): 'we don’t see this and the associated share price decline as a reflection of the fundamentals of the bank'
March 24, 2023 10:24 AM EDTJPMorgan analyst Kian Abouhossein reiterated an Overweight rating and {REMOVEPT} price target on Deutsche Bank (DBK:GR) (NYSE: DB).
The analyst comments "We are not concerned today about counterparty, liquidity issues with DBK being Top 5 FICC player globally with $9.5bn in 2022 FICC revenues. DBK s recent CDS widening is in our view related to one way trades of de-risking across all market participants and we dont see this and the associated share price... More
