Futures edge lower, more earnings ahead, Powell comments - what's moving markets
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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
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Morgan Stanley on Boeing (BA): 'It is still too early, in our view, to know if Boeing is out of the woods'
February 6, 2024 4:28 PM ESTMorgan Stanley analyst Kristine Liwag reiterated an Equalweight rating and $235.00 price target on Boeing (NYSE: BA)
The analyst comments "Today, the National Transportation Safety Board released its preliminary report on Alaska Airlines flight 1282 (link). The report represents the most comprehensive detailing of the... More
Caterpillar (CAT) PT Raised to $338 at TD Cowen
February 6, 2024 6:12 AM ESTTD Cowen analyst Matt Elkott raised the price target on Caterpillar (NYSE: CAT) to $338.00 (from $300.00) while maintaining a Outperform rating.
The analyst comments "We're fine-tuning our '24 and '25 EPS estimates to $22.50 and $22.65, from $21.40 and $22.40, respectively. Our PT changes from $300 to... More
JPMorgan on McDonald's (MCD): 'Modest stock decline allows modestly better entry point'
February 6, 2024 5:40 AM ESTJPMorgan analyst John Ivankoe reiterated an Overweight rating and $300.00 price target on McDonald's (NYSE: MCD)
The analyst comments "McDonalds stock was down ~370bps after reporting what we saw as broadly in- line results. Headline global comps were 3.4% vs JPMe 4.1% but were... More
Evercore ISI Remains Positive on McDonald's (MCD), 'poised to deliver a low-double digit sustainable total return'
February 6, 2024 4:58 AM ESTEvercore ISI analyst David Palmer reiterated an Outperform rating and $330.00 price target on McDonald's (NYSE: MCD).
The analyst comments "Our $330 price target based on our DCF analysis translates to 24x our 2025e EPS, which is toward the lower-end of its 5-year one standard... More
BTIG Downgrades McDonald's (MCD) to Neutral, 'Expect More Modest Growth in Near-Future'
February 5, 2024 5:47 PM ESTBTIG analyst Peter Saleh downgraded McDonald's (NYSE: MCD) from Buy to Neutral.
The analyst comments "We are downgrading shares of McDonald's to Neutral from Buy following earnings this morning, as sales trends have normalized, operating conditions have become more uncertain, and earnings... More
McDonald's (MCD) PT Lowered to $340 at Truist Securities
February 5, 2024 3:30 PM ESTTruist Securities analyst Jake Bartlett lowered the price target on McDonald's (NYSE: MCD) to $340.00 (from $345.00) while maintaining a Buy rating.
The analyst comments "Following 4Q23 results (SSS miss and EPS beat) and disappointing restaurant margin (RLM) guidance, we are lowering ests. and our... More
Argus sees a turnaround opportunity in Boeing (BA) shares
February 5, 2024 9:18 AM ESTThere is a turnaround opportunity brewing for Boeing (NYSE: BA) shares, according to a note from investment research firm Argus on Monday.
While they noted that BA shares have fallen almost 20% over the past few weeks due to new problems with its 737... More
The fate of the 'Magnificent 7' depends on rapid revenue growth in 2024 - Goldman Sachs
February 5, 2024 8:38 AM ESTAccording to Goldman Sachs chief U.S. equity strategist David Kostin, the fate of the "Magnificent 7" stocks depends on their ability to deliver rapid revenue growth in 2024.
The Magnificent 7 stocks are Tesla (NASDAQ: TSLA), NVIDIA (NASDAQ: NVDA), Meta Platforms... More
Morgan Stanley on Caterpillar (CAT): 'We expect a positive stock reaction'
February 5, 2024 8:07 AM ESTMorgan Stanley analyst Angel Castillo reiterated an Equalweight rating and $270.00 price target on Caterpillar (NYSE: CAT)
The analyst comments "We expect a positive stock reaction to CAT's 4Q23 EPS beat and full year 2024 outlook and commentary that was in line with consensus but better than we think investors feared. CAT reported 4Q23 adjusted EPS of $5.23 versus MSe of $4.93 and consensus estimate of $4.79. Relative to our estimates, the beat was due to stronger Energy & Transportation adjusted operating income (+$233M), partly offset by softer Construction Industries adjusted operating income (-$85M) and... More
TD Cowen Remains Positive on Caterpillar (CAT) Following 'strong results' in Earnings Report
February 5, 2024 7:46 AM ESTTD Cowen analyst Matt Elkott reiterated an Outperform rating and $300.00 price target on Caterpillar (NYSE: CAT).
The analyst comments "Solid 4Q beat to consensus on EPS and margin. Order backlog declined 2% sequentially, better than the mid-single-digit decline we believed the Street had... More
Deutsche Bank on Caterpillar (CAT) Earnings Report: 'should bode well for share price performance today'
February 5, 2024 7:42 AM ESTDeutsche Bank analyst Nicole DeBlase reiterated a Hold rating and $259.00 price target on Caterpillar (NYSE: CAT)
The analyst comments "The 4Q23 beat was low-quality in nature (core segment results were in line with the Street), but dealer inventories came down more than expected... More
Goldman Sachs Positive on Caterpillar (CAT) Post Earnings
February 5, 2024 7:31 AM ESTGoldman Sachs analyst Jerry Revich reiterated a Buy rating and $274.00 price target on Caterpillar (NYSE: CAT).
The analyst comments "We come away from CAT 4Q results positive on structurally improving earnings power, as CAT delivered a sharp 4Q EPS beat while destocking... More
