Midday movers: Exxon, Gitlab fall; Old Dominion Freight, Saia rise

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Go back to Midday movers: Exxon, Gitlab fall; Old Dominion Freight, Saia rise

Morgan Stanley Reiterates Overweight Rating on Tesla (TSLA)

June 6, 2024 10:45 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Electric vehicle growth depends on a well-functioning electric grid with relatively affordable electricity prices. Teslas capability in distributed energy generation (solar) and storage... More

Old Dominion Freight Line (ODFL) PT Lowered to $192 at BofA Securities

June 6, 2024 5:51 AM EDT

BofA Securities analyst Ken Hoexter lowered the price target on Old Dominion Freight Line (NASDAQ: ODFL) to $192.00 (from $205.00) while maintaining a Neutral rating.

The analyst comments "Old Dominion Freight line posted its mid-2Q24 update with May Less-than-Truckload (LTL) Revenue/Day +5.6% year-year, decelerating... More

RBC Capital Reiterates Outperform Rating on Core & Main Inc. (CNM)

June 5, 2024 6:11 AM EDT

RBC Capital analyst Mike Dahl reiterated an Outperform rating and $60.00 price target on Core & Main Inc. (NYSE: CNM)

The analyst comments "We were wary of the setup into the print given CNM was a well-owned name with high expectations, but view the... More