Midday movers: Levi Strauss, Meta, HubSpot rise; Block falls

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Alphabet, Meta Platforms targets raised at Oppenheimer on GenAi tailwinds

April 8, 2024 12:28 PM EDT

Oppenheimer analysts raised their price targets for Alphabet (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) in seperate notes Monday based on generative artificial intelligence tailwinds.

The firm lifted its GOOGL price target to $185 from $172, maintaining an Outperform rating on the stock. They told investors that... More

Walt Disney (DIS) PT Raised to $130 at Evercore ISI

April 8, 2024 4:34 AM EDT

Evercore ISI analyst Vijay Jayant raised the price target on Walt Disney (NYSE: DIS) to $130.00 (from $115.00) while maintaining a Outperform rating.

The analyst comments "From October 2005, when Bob Iger first became CEO, through 2015, when ESPN began losing subscribers,... More

Apollo Global Management (APO) PT Raised to $122 at BMO Capital

April 5, 2024 6:31 AM EDT

BMO Capital analyst Etinenne Ricard raised the price target on Apollo Global Management (NYSE: APO) to $122.00 (from $111.00) while maintaining a Outperform rating.

The analyst comments "Discussions with Apollo's management team focused on Athene's spread resiliency, distribution channel diversification, and the path... More

What comes next for Walt Disney stock after proxy fight?

April 4, 2024 2:00 PM EDT

In the recent proxy battle between Walt Disney (NYSE: DIS) and activist investor Nelson Peltz, Peltz's Trian Fund Management launched a campaign aiming to instate Peltz and former Disney CFO Jay Rasulo on the Disney board.

However, Disney emerged victorious in the proxy battle, with the company's board nominees winning re-election and Disney's shareholders rejecting Peltz's bid for a... More

Paramount Global (PARA) upgraded at Wolfe Research following Skydance reports

April 4, 2024 12:55 PM EDT

On Thursday, Wolfe Research revised its rating on Paramount Global (NASDAQ: PARA), raising it to Peer Perform from Underperform. The adjustment reflects the firm's recognition of Paramount's asset strength and discretionary cash flow potential, which have been highlighted by recent press reports indicating a possible bidding war between Skydance and Apollo.

The speculation regarding Paramount's future gained momentum last spring following the company's dividend cut and a significant investment by BDT & MSD into National... More