Midday movers: Microsoft, Pinterest, Humana fall; AMD, Nvidia and Starbucks rise

DuPont (DD) PT Raised to $90 at JPMorgan

JPMorgan analyst Stephen Tusa Jr. raised the price target on DuPont (NYSE: DD) to $90.00 (from $88.00) while maintaining a Overweight rating.

The analyst comments "DD reported a 2Q beat and raise reflecting continued positive momentum led by broad-based electronics recovery, as well as sequential improvement from all W&P lines of business, with better than anticipated step up in China water business. There was $30 mm of pre-buy during the quarter in E&I as customers accelerated buying in support of new fab capacity primarily in China, existing global fabs are restocking... More

Nancy Pelosi buying more Nvidia shares

Congresswoman Nancy Pelosi's recent financial disclosure revealed that she bought more NVIDIA (NASDAQ: NVDA) shares and sold some Microsoft (NASDAQ: MSFT) shares.

According to a new congressional trading form, the Congresswoman bought 10,000 shares worth of Nvidia, with the... More

Microsoft target raised at HSBC on expected 2HFY25 revenue acceleration

HSBC has raised its price target for Microsoft (NASDAQ: MSFT) to $533 from $529 in a note Thursday, reflecting confidence in the company's projected revenue acceleration in the second half of FY2025.

The upward revision comes despite 1QFY25 guidance being "marginally below" expectations. HSBC maintains a Buy rating on the stock.

Microsoft's 4QFY24 results were in line with expectations, with revenue reaching $64.727 billion, up 15.2% year-over-year, slightly... More

Challenges remain for Boeing despite new CEO announcement: Morgan Stanley

In a note to clients Thursday, Morgan Stanley analysts acknowledged the announcement of Boeing's (NYSE: BA) new CEO, Kelly Ortberg, but said that significant challenges and uncertainties persist for the company.

While the appointment provides some clarity on leadership, the analysts maintained an Equal-weight rating on Boeing.

"We remain Equal-weight as we continue to see a number of near-term challenges and uncertainties facing the company," wrote the... More

Boeing (BA) PT Raised to $220 at RBC Capital

RBC Capital analyst Ken Herbert raised the price target on Boeing (NYSE: BA) to $220.00 (from $210.00) while maintaining a Outperform rating.

The analyst comments "Boeing (BA) reported largely in-line 2Q24 results, with a FCF usage of ($4.3B) and total segment margins of (4.5%). The defense... More

T-Mobile US, (TMUS) PT Raised to $200 at RBC Capital

RBC Capital analyst Kutgun Maral raised the price target on T-Mobile US, (NASDAQ: TMUS) to $200.00 (from $189.00) while maintaining a Outperform rating.

The analyst comments "2Q24 financials were ~1% ahead of consensus on revenue and EBITDA, with subscriber metrics also ahead of expectations. Management... More

Match Group (MTCH) PT Raised to $47 at RBC Capital

RBC Capital analyst Brad Erickson raised the price target on Match Group (NASDAQ: MTCH) to $47.00 (from $33.00) while maintaining a Outperform rating.

The analyst comments "MTCH's Q2 was the best indication in nearly two years that Tinder can & may actually return... More

Match Group (MTCH) PT Raised to $39 at Citi

Citi analyst Ygal Arpunian raised the price target on Match Group (NASDAQ: MTCH) to $39.00 (from $33.00) while maintaining a Neutral rating.

The analyst comments "Match Group exits 2Q with a more visible product roadmap and a better-than-expected starting point in Tinder Payer... More

Marriott International (MAR) PT Lowered to $225 at Jefferies

Jefferies analyst David Katz lowered the price target on Marriott International (NASDAQ: MAR) to $225.00 (from $234.00) while maintaining a Hold rating.

The analyst comments "The guidance cut overlays an otherwise solid quarter, with lower expectations for Greater China and to a lesser extent,... More

GE HealthCare (GEHC) PT Raised to $92 at Jefferies

Jefferies analyst Matthew Taylor raised the price target on GE HealthCare (NASDAQ: GEHC) to $92.00 (from $87.00) while maintaining a Hold rating.

The analyst comments "GEHC reported 2Q24 sales of $4.84B, +1% organic vs cons $4.88B, and EPS of $1.00 (+9%) vs cons $0.98. Orders increased +3%... More

Match Group (MTCH) PT Raised to $37 at Truist Securities

Truist Securities analyst Youssef Squali raised the price target on Match Group (NASDAQ: MTCH) to $37.00 (from $33.00) while maintaining a Hold rating.

The analyst comments "We remain at Hold awaiting better visibility into the pace of growth re-acceleration in 2025 at Tinder, where... More

NVIDIA, Broadcom stock rises after AMD results

Shares of Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) opened higher on Wednesday following AMD (NASDAQ: AMD) earnings report after the close on Tuesday.

AMD reported Q2 EPS of $0.69, $0.01 better than the analyst estimate of $0.68. Revenue for the quarter came in at $5.84 billion versus the consensus estimate of $5.72 billion.

Looking ahead, the company sees Q3 2024 revenue of $6.7 billion plus or... More