Midday movers: Southwest Airlines, CrowdStrike, KKR rise; AMD falls
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StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Citi Reiterates Neutral Rating on Tesla (TSLA)
June 12, 2024 6:40 AM EDTCiti analyst Itay Michaeli reiterated a Neutral rating and $182.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Ahead of an eventful few months for Tesla, we provide latest setup thoughts and a deeper-dive on RoboTaxi/AV prior to the 8/8 event. Were... More
Barclays Reiterates Equalweight Rating on Southwest (LUV)
June 12, 2024 6:26 AM EDTBarclays analyst Brandon Olgenski reiterated an Equalweight rating and $26.00 price target on Southwest (NYSE: LUV).
The analyst comments "Southwest Airlines has fallen from one of the most profitable large US carriers to one of the lowest; fresh perspective on strategic direction and network design could have meaningfully positive impact on relative margins. Please see our initial reaction on activism at Southwest here: Thoughts on Potential Activist Shareholder published 10 June 2024. Southwest financial performance has materially trailed other US airlines, which has led to the attention of activist shareholder Elliott, with the investment firm... More
Comerica (CMA) PT Lowered to $58 at RBC Capital
June 12, 2024 6:15 AM EDTRBC Capital analyst Jon Arfstrom lowered the price target on Comerica (NYSE: CMA) to $58.00 (from $62.00) while maintaining a Outperform rating.
The analyst comments "Comerica recently presented at a conference and provided an update on its outlook for certain line items for 2Q24 and FY24.... More
Morgan Stanley on Tesla (TSLA): 'Will Tesla Do a Phone? Yeah, We Think So'
June 12, 2024 6:10 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "From our continuing discussions with automotive management teams and industry experts, the car is an extension of the phone. The phone is an extension of the car. The lines between car and phone are truly blurring. For years, we have been writing about the potential for Tesla to expand into edge compute domains beyond the car,... More
Lightshed Partners Upgrades Apple (AAPL) to Neutral, 'Can’t Disprove the Hype (Yet)'
June 11, 2024 3:34 PM EDTLightshed Partners analyst Walter Piecyk upgraded Apple (NASDAQ: AAPL) from Sell to Neutral.
The analyst comments "The pace at which companies have integrated AI into applications and devices has been impressive and only scratches the surface of what is possible. AI is... More
Illumina (ILMN) PT Lowered to $175 at Evercore ISI
June 11, 2024 8:22 AM EDTEvercore ISI analyst Vijay Kumar lowered the price target on Illumina (NASDAQ: ILMN) to $175.00 (from $195.00) while maintaining a Outperform rating.
The analyst comments "Standalone FY25 EPS of >$4.50: A lot of investor focus has been around ILMN valuation once the GRAL overhang is... More
Rosenblatt Reiterates Neutral Rating on Apple (AAPL)
June 11, 2024 6:34 AM EDTRosenblatt analyst Barton Crockett reiterated a Neutral rating and $196.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apple sells over 200 million iPhones a year, and has an iPhone installed base of over 1 billion devices. But only about 10% of the... More
JPMorgan Reiterates Overweight Rating on Apple (AAPL)
June 11, 2024 5:41 AM EDTJPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $225.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apples keynote at WWDC showcased enough enhancements on the feature sets across native apps and third-party apps with integration of A(pple) I(ntelligence) to assure us of the expected upgrade cycle with the launch of the iPhone 16 and release of iOS18 in the fall of this year. While the shares might be taking a breather today after recent outperformance into the event on the absence of any killer apps, our experience with... More
BofA Securities Reiterates Buy Rating on Apple (AAPL)
June 11, 2024 5:38 AM EDTBofA Securities analyst Wamsi Mohan reiterated a Buy rating and $210.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "We believe Apples WWDC was the best WWDC conference in a long time as it introduced AI for the rest of the people.... More
Citi Reiterates Buy Rating on Broadcom Limited (AVGO)
June 11, 2024 5:37 AM EDTCiti analyst Christopher Danely reiterated a Buy rating and $1,560.00 price target on Broadcom Limited (NASDAQ: AVGO).
The analyst comments "Broadcom will release F3Q24 results on June 12 after market close. We expect the company to report and guide above Consensus, driven by... More
DA Davidson Reiterates Neutral Rating on Comerica (CMA)
June 11, 2024 5:15 AM EDTDA Davidson analyst Peter Winter reiterated a Neutral rating and $57.00 price target on Comerica (NYSE: CMA)
The analyst comments "CMA filed its customary mid-quarter update ahead of an investor conference presentation Tuesday morning. CMA updated average loan & deposit trends through 5/31, with... More
RBC Capital Reiterates Outperform Rating on Huntington Bancshares (HBAN)
June 10, 2024 4:32 PM EDTRBC Capital analyst Jon G. Arfstrom reiterated an Outperform rating and $16.00 price target on Huntington Bancshares (NASDAQ: HBAN).
The analyst comments "Huntington provided an updated investor deck in connection with a recent conference presentation. Key updates included a lower full year net interest... More
KKR (KKR) PT Raised to $129 at Deutsche Bank
June 10, 2024 10:08 AM EDTDeutsche Bank analyst Brian Bedell raised the price target on KKR (NYSE: KKR) to $129.00 (from $120.00) while maintaining a Buy rating.
The analyst comments "On Friday 6/7/24, S&P Dow Jones Indices ("S&P DJI") announced that it will add KKR (KKR-Buy) to the... More
Brookline Capital Markets Reiterates Buy Rating on Moderna (MRNA)
June 10, 2024 8:58 AM EDTBrookline Capital Markets analyst Leah Rush Cann reiterated a Buy rating and $310.00 price target on Moderna (NASDAQ: MRNA).
The analyst comments "Todays announcement for positive phase III data for mRNA-1083, its combination flu + COVID-19 vaccine candidate, supports our outlook. Combination vaccines have the... More
UBS Reiterates Neutral Rating on Apple (AAPL)
June 10, 2024 8:48 AM EDTUBS analyst David Vogt reiterated a Neutral rating and $190.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "GenAI interest solid in China but muted elsewhere as cost & privacy are concerns. Somewhat not surprisingly in our view, a high price was cited... More
Apple (AAPL): What is the cloud strategy?
June 10, 2024 8:29 AM EDTLynx Equity Strategies analysts remain bullish on Apple (NASDAQ: AAPL) despite a stock price increase leading up to a major event focused on AI advancements. Their optimism hinges on Apple's potential for an "AI-triggered refresh cycle."
While the event is expected to highlight developer tools, Lynx Equity emphasizes its core belief: "Apple Silicon offers the highest efficiency... More
GameStop stock slightly rebounds after poor results, share-sale plan sell-off
June 10, 2024 7:23 AM EDTShares in GameStop (NYSE: GME) surged more than 5% on Monday, recovering some of the steep losses the meme stock incurred on Friday.
The stock had plunged 39% after the highly anticipated return of Keith Gill, also known as Roaring Kitty, to YouTube and the retailers... More
