Midday movers: FedEx, Rivian, Whirlpool rise; Paychex falls
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StreetInsider.com Top Tickers, 6/23/2026
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FedEx (FDX) PT Raised to $335 at Argus
June 27, 2024 7:17 AM EDTArgus analyst John Eade raised the price target on FedEx (NYSE: FDX) to $335.00 (from $325.00) while maintaining a Buy rating.
The analyst comments "Our rating on FedEx Corp. (NYSE: FDX) is BUY. This large-cap blue-chip industrial... More
Barclays Reiterates Equalweight Rating on Southwest (LUV)
June 27, 2024 6:24 AM EDTBarclays analyst Brandon Olgenski reiterated an Equalweight rating and $26.00 price target on Southwest (NYSE: LUV).
The analyst comments "Yesterday Southwest provided an investor update for 2Q24 revenue, pointing to an outcome roughly 175bps below prior guidance. Management revised the 2Q24 unit revenue outlook to down 44.5%, from a prior range of down 1.5-3.5%. The company cited challenges in adapting its revenue management to current booking patterns in... More
RBC Capital Reiterates Sector Perform Rating on Paychex (PAYX)
June 27, 2024 6:15 AM EDTRBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating and $130.00 price target on Paychex (NASDAQ: PAYX).
The analyst comments "4Q24 revenues were roughly inline, while lower taxes ($0.02 tailwinds) and cost takeout helped beat EPS. Revenue growth is slowing down... More
Paychex (PAYX) PT Raised to $113 at BofA Securities
June 27, 2024 5:11 AM EDTBofA Securities analyst Jason Kupferberg raised the price target on Paychex (NASDAQ: PAYX) to $113.00 (from $111.00) while maintaining a Underperform rating.
The analyst comments "Shares down as top-line remains pressured Paychex (PAYX) shares are down after printing a relatively in line F4Q but... More
BTIG Reiterates Buy Rating on Chipotle Mexican Grill (CMG)
June 27, 2024 4:56 AM EDTBTIG analyst Peter Saleh reiterated a Buy rating and $67.00 price target on Chipotle Mexican Grill (NYSE: CMG).
The analyst comments "We are updating our financial estimates, price target and published earnings model for Chipotle Mexican Grill following its recent 50:1 stock split. Our price... More
RBC Capital Reiterates Underperform Rating on Whirlpool Corporation (WHR), 'Unconfirmed Bosch Consideration of Acquisition Offer'
June 26, 2024 8:55 AM EDTRBC Capital analyst Mike Dahl reiterated an Underperform rating and $79.00 price target on Whirlpool Corporation (NYSE: WHR)
The analyst comments "Net, clearly this is likely to drive meaningful short-covering in the near term with the buy-side positioning currently skewed heavily negative (~13%... More
Chipotle Mexican Grill (CMG) PT Lowered to $72 at TD Cowen, 'Updating Model and Price Target Following 50:1 Stock Split'
June 26, 2024 8:54 AM EDTTD Cowen analyst Andrew Charles lowered the price target on Chipotle Mexican Grill (NYSE: CMG) to $72.00 (from $3,600.00) while maintaining a Buy rating.
The analyst comments "Chipotle begins trading on a 50:1 split-adjusted basis today. We update our price target and estimates solely to reflect the... More
Citi Reiterates Neutral Rating on Southwest (LUV)
June 26, 2024 7:50 AM EDTCiti analyst Stephen Trent reiterated a Neutral rating and $29.00 price target on Southwest (NYSE: LUV).
The analyst comments "Southwests update for the June quarter looks weak. With no expected changes in capacity, unit revenue looks worse, which indicates weaker price point and/or... More
