Midday movers: Roblox, Airbnb fall; Trade Desk, AppLovin and Bumble rise
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- 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
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Deutsche Bank Comments on Boeing (BA) May 2024 Delivery Update
May 13, 2024 9:08 AM EDTDeutsche Bank analyst Scott Deuschle reiterated a Buy rating and $225.00 price target on Boeing (NYSE: BA).
The analyst comments "According to Cirium and public flight tracking data, Boeing appears to have delivered 6 commercial aircraft in the month of May, including 4 737 MAX aircraft and... More
Warby Parker Inc. (WRBY) PT Raised to $15 at UBS
May 10, 2024 7:03 AM EDTUBS analyst Mark Carden raised the price target on Warby Parker Inc. (NYSE: WRBY) to $15.00 (from $13.00) while maintaining a Neutral rating.
The analyst comments "We believe WRBY's 1Q results showed it is making good progress on a multitude of initiatives, though uncertainty... More
Roblox Corp. (RBLX) PT Lowered to $40 at Deutsche Bank
May 10, 2024 6:01 AM EDTDeutsche Bank analyst Benjamin Black lowered the price target on Roblox Corp. (NYSE: RBLX) to $40.00 (from $55.00) while maintaining a Buy rating.
The analyst comments "We would be buyers of the current weakness of Roblox's stock. Admittedly, the FY24 bookings guide-down was very disappointing, but we contend that the stock... More
Roblox Corp. (RBLX) PT Lowered to $37 at Wells Fargo
May 10, 2024 5:43 AM EDTWells Fargo analyst Ken Gawrelski lowered the price target on Roblox Corp. (NYSE: RBLX) to $37.00 (from $50.00) while maintaining a Overweight rating.
The analyst comments "View recent progress with Roblox's ads build-out as positive, but believe longer- duration investors will need to see several... More
Warner Brothers Discovery (WBD) PT Lowered to $16 at Deutsche Bank
May 10, 2024 5:21 AM EDTDeutsche Bank analyst Bryan Kraft lowered the price target on Warner Brothers Discovery (NASDAQ: WBD) to $16.00 (from $18.00) while maintaining a Buy rating.
The analyst comments "We are maintaining our Buy rating and lowering our PT to $16, from $18, driven by our negative estimate revisions... More
Strong growth outlook creates attractive risk/reward profile for this stock
May 9, 2024 7:00 PM EDTCiti analysts highlighted one stock they believe has an attractive risk/reward in a recent research note.
The company's strong performance in the first quarter of 2024, coupled with favorable macroeconomic conditions and multiple tailwinds, sets the stage for continued growth and value creation. The Trade Desk Inc. (NASDAQ:... More
Roblox Corp. (RBLX) PT Lowered to $35 at Morgan Stanley
May 9, 2024 4:24 PM EDTMorgan Stanley analyst Matthew Cost lowered the price target on Roblox Corp. (NYSE: RBLX) to $35.00 (from $42.00) while maintaining a Equalweight rating.
The analyst comments RBLX's 2Q guidance and reduced '24 outlook disappointed, with weaker content offerings and app performance issues weighing on... More
Planet Fitness (PLNT) PT Lowered to $77 at RBC Capital
May 9, 2024 4:04 PM EDTRBC Capital analyst Christopher Carril lowered the price target on Planet Fitness (NYSE: PLNT) to $77.00 (from $80.00) while maintaining a Outperform rating.
The analyst comments "PLNT's Q1 results were in line with the Street while management cited a myriad of headwinds in the... More
Robinhood Markets (HOOD) PT Raised to $16 at JPMorgan
May 9, 2024 12:01 PM EDTJPMorgan analyst Kenneth B. Worthington raised the price target on Robinhood Markets (NASDAQ: HOOD) to $16.00 (from $12.00) while maintaining a Underweight rating.
The analyst comments "Robinhood reported 1Q24 adj EPS of $0.18 vs. street expectations of $0.06. Adj. EBITDA came in at $247mn, well ahead... More
