Midday movers: Autodesk, Broadcom, Best Buy rise; Coinbase falls
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StreetInsider.com Top Tickers, 6/28/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
Morgan Stanley Positive on Tesla (TSLA)
June 18, 2024 9:22 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Amid bearish institutional investor sentiment, we reiterate our OW rating on Tesla with a $310 price target. Our thesis on Tesla... More
RBC Capital Reiterates Outperform Rating on Autodesk (ADSK)
June 18, 2024 6:19 AM EDTRBC Capital analyst Matthew Hedberg reiterated an Outperform rating and $260.00 price target on Autodesk (NASDAQ: ADSK).
The analyst comments "Starboard Value disclosed it has a $500M+ stake in Autodesk in a letter to shareholders. In short, Starboard is calling for Autodesk to... More
Best Buy (BBY) upgraded at UBS, analysts see 'multiple paths to potential upside'
June 17, 2024 9:56 AM EDTIn a note Monday, UBS analysts boosted their rating on Best Buy (NYSE: BBY) to Buy from Neutral, raising the price target to $106 from $85 per share.
Citing several factors that could lead to outperformance, the report highlights a compelling risk-reward proposition for investors.
"Over the next 18 months, we see several drivers of potential upside," the analysts state.
These include an improving housing market (positively correlated with appliance sales), a... More
