Midday movers: Micron, Levi Strauss, Walgreens and International Paper fall
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StreetInsider.com Top Tickers, 6/14/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Rivian Automotive Inc (RIVN) PT Raised to $14 at RBC Capital
July 1, 2024 6:36 AM EDTRBC Capital analyst Joseph Spak raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $14.00 (from $11.00) while maintaining a Sector Perform rating.
The analyst comments "$2B in increased liquidity from VW should help Rivian bridge to R-2 and 2027. That said, we... More
AeroVironment (AVAV) PT Lowered to $245 at BTIG
July 1, 2024 6:12 AM EDTBTIG analyst Andre Madrid lowered the price target on AeroVironment (NASDAQ: AVAV) to $245.00 (from $255.00) while maintaining a Buy rating.
The analyst comments "We attended AeroVironment's (AVAV, Buy, $245 PT) investor day on June 27th at the Nasdaq headquarters in Midtown Manhattan. Despite the market's... More
RBC Capital Reiterates Outperform Rating on AeroVironment (AVAV)
June 28, 2024 6:17 AM EDTRBC Capital analyst Ken Herbert reiterated an Outperform rating and $200.00 price target on AeroVironment (NASDAQ: AVAV)
The analyst comments "AeroVironment (AVAV) hosted its investor day today in New York City. AVAV provided a long-term financial outlook that includes +20% total growth, 10-15%... More
Wells Fargo Reiterates Overweight Rating on Micron Technology (MU)
June 28, 2024 5:21 AM EDTWells Fargo analyst Aaron Rakers reiterated an Overweight rating and $190.00 price target on Micron Technology (NASDAQ: MU).
The analyst comments "Gov't Incentives: During F3Q24 MU received $33M in gov't incentives to offset capex vs. $149M in F2Q24; $184M a yr ago. MU now... More
TD Cowen on Walgreens Boosts Alliance (WBA): 'continued challenges in retail pharmacy'
June 27, 2024 8:51 AM EDTTD Cowen analyst Charles Rhyee reiterated a Buy rating and $35.00 price target on Walgreens Boosts Alliance (NASDAQ: WBA).
The analyst comments "F3Q adj EPS $0.63 missed cons $0.69. WBA narrowed FY24 guide to $2.80-$2.95 (from $3.20-$3.35), which assumes continued challenges in retail pharmacy.... More
RBC Capital on Walgreens (WBA): 'ongoing consumer weakness and pressure on pharmacy margin'
June 27, 2024 8:28 AM EDTRBC Capital analyst Anton Hie reiterated a Sector Perform rating and $22.00 price target on Walgreens Boosts Alliance (NASDAQ: WBA).
The analyst comments "WBA posted fiscal 3Q24 earnings slightly below expectations driven by ongoing consumer weakness and pressure on pharmacy margin, partially offset by another quarter of good International performance and positive EBITDA contribution from U.S. Healthcare. Management lowered its adjusted EPS guidance by $0.40 at the midpoint, or -12%... More
Cantor Fitzgerald Reiterates Overweight Rating on Micron Technology (MU)
June 27, 2024 7:58 AM EDTCantor Fitzgerald analyst C.J. Muse reiterated an Overweight rating and $180.00 price target on Micron Technology (NASDAQ: MU).
The analyst comments "While May Q EPS results came in better than consensus ($0.62 vs. cons $0.48), the August Q EPS guide ($1.08), while better than consensus ($1.02), was below buyside expectations ($1.20+) sending shares lower post-close. Obviously this is disappointing but clearly fits with traditional conservatism from Microns management team. All eyes were on rumored poor yields for Microns HBM3E which management dismissed highlighting greater than $100M in revenues in the May Q at GMs that exceeded overall... More
CFRA Reiterates Buy Rating on Micron Technology (MU)
June 27, 2024 7:50 AM EDTCFRA analyst Angelo Zino reiterated a Buy rating and $170.00 price target on Micron Technology (NASDAQ: MU).
The analyst comments "We keep our 12-month target at $170, on a P/E of 13.5x our CY 25 EPS view, near historical. We raise our FY 24 (Aug.) EPS to $1.17 from $1.04 while... More
