Midday movers: Alphabet, Microsoft and Snap rise; Intel, Hertz Global fall

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Alphabet (GOOGL) PT Raised to $200 at Argus

April 30, 2024 7:08 AM EDT

Argus analyst Joseph Bonner raised the price target on Alphabet (NASDAQ: GOOGL) to $200.00 (from $170.00) while maintaining a Buy rating.

The analyst comments "We are maintaining our BUY rating on GOOGL and raising our target price to $200 from $170. Alphabet remains an advertising juggernaut despite... More

Hertz Global (HTZ) PT Lowered to $4.80 at Deutsche Bank

April 29, 2024 7:07 AM EDT

Deutsche Bank analyst Chris Woronka lowered the price target on Hertz Global (NASDAQ: HTZ) to $4.80 (from $6.00) while maintaining a Hold rating.

The analyst comments "We thought new CEO Gil West said a lot of the right things during last week's 1Q24 earnings call. But the devil is always in the details, and the hard part--execution--still lies ahead. One of our key musings is that at least a few of HTZ's turnaround initiatives may be difficult to achieve without at... More

Aon Corp (AON) PT Lowered to $345 at BofA Securities

April 29, 2024 7:04 AM EDT

BofA Securities analyst Joshua Shanker lowered the price target on Aon Corp (NYSE: AON) to $345.00 (from $378.00) while maintaining a Neutral rating.

The analyst comments "This result missed our forecast of $5.99 and Street consensus of $5.89. A higher-than-expected tax rate (-$0.27/sh) and lower... More

Aon Corp (AON) PT Lowered to $315 at RBC Capital

April 29, 2024 6:32 AM EDT

RBC Capital analyst Mark Dwelle lowered the price target on Aon Corp (NYSE: AON) to $315.00 (from $325.00) while maintaining a Sector Perform rating.

The analyst comments "Organic growth lagged in Q1 due to Commercial Solutions although Reinsurance and Health reported solid organic growth.... More