Midday movers:: Citigroup, KB Home, Tesla, and more

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Alphabet (GOOGL) competitive, if not a leader in the development of genAI - Argus

January 12, 2024 9:05 AM EST

The Alphabet (NASDAQ: GOOGL) price target was raised to $170 from $153 by Argus on Friday, with analyst Joseph Bonner maintaining a Buy rating on the stock.

Bonner said they see Alphabet as one of the tech industry's leaders, along with Facebook, Apple, Amazon, and... More

Tesla (TSLA) trades down following price cuts in China

January 12, 2024 7:53 AM EST

Shares of Tesla (NASDAQ: TSLA) are down more than 3% in pre-market trading Friday morning after the electric automaker officially reduced the price of their Model 3 and Model Y in China, with cuts ranging from Rmb6.5k to Rmb15.5k.

According to channel checks conducted by Morgan Stanley, the reduction was more moderate than what the... More

American Airlines (AAL) lifted to buy at Jefferies on improving aircraft utilization

January 11, 2024 10:24 AM EST

American Airlines (NASDAQ: AAL) was lifted to Buy from Hold by Jefferies with a new price target of $18 per share in a note Thursday.

Analyst Sheila Kahyaoglu said in a note to clients that the company's cost levers preserve its bottom... More

Chewy (CHWY) has the potential for outsized returns, Barclays sees 40% upside

January 11, 2024 9:33 AM EST

Chewy (NYSE: CHWY) was lifted to Overweight from Equal Weight at Barclays on Thursday, with a new price target of $30 per share, up from $19.

Analyst Trevor Young said "the dog days are over" for the company, with the new price target suggesting a potential... More

Baird sees upside for Salesforce (CRM), raises to buy

January 11, 2024 9:09 AM EST

Salesforce (NYSE: CRM) was lifted to Outperform from Neutral in a note Thursday, with analyst Rob Oliver raising the price target for the stock to $300 from $240 per share.

Oliver said his firm likes the software group for 2024, with the potential for lower rates... More