JPMorgan, Wells Fargo and Microsoft rise premarket; AT&T and Alcoa fall
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Odeon Capital Downgrades Wells Fargo (WFC) to Hold
July 17, 2023 7:23 AM EDTOdeon Capital analyst Dick Bove downgraded Wells Fargo (NYSE: WFC) from Buy to Hold with a price target of $43.75.
The analyst comments "The rating on Wells Fargos stock is being lowered from Buy to Hold. During the second quarter the company reported... More
Analysts remain bullish on Walt Disney (DIS) following CEO interview
July 14, 2023 10:47 AM EDTBofA and Wells Fargo remain bullish on Walt Disney (NYSE: DIS) after the entertainment company's said in an interview on CNBC Thursday that the company may consider a divestiture of non-core linear nets, excluding ESPN.
BofA analyst Jessica Reif Ehrlich told investors in a note that Iger indicated in the... More
AT&T (T) cut at JPM as it faces marginally more pressure and 'unquantifiable, long-term overhang'
July 14, 2023 8:56 AM EDTAT&T (NYSE: T) was cut to Neutral from Overweight with a price target of $17, down from $22 per share at JPMorgan on Friday.
In a note to clients, analyst Phillip Cusick told investors there are slowing growth drivers and an overhang from potential... More
