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StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Alibaba (BABA) PT Raised to $106 at BofA Securities
August 14, 2024 6:42 AM EDTBofA Securities analyst Joyce Ju raised the price target on Alibaba (NYSE: BABA) to $106.00 (from $103.00) while maintaining a Buy rating.
The analyst comments "Alibaba (BABA) will report 1QFY24 results on 15 Aug. We estimate total rev growth of 6% YoY to RMB247.8b, in-line with cons, with core Taobao Tmall (TT) revs... More
Home Depot (HD) PT Lowered to $363 at RBC Capital
August 14, 2024 6:30 AM EDTRBC Capital analyst Steven Shemesh lowered the price target on Home Depot (NYSE: HD) to $363.00 (from $377.00) while maintaining a Sector Perform rating.
The analyst comments "The comp miss and guidance revision were largely anticipated and ultimately make for a better setup... More
Telsey Reiterates Market Perform Rating on Home Depot (HD)
August 14, 2024 5:30 AM EDTTelsey analyst Joseph Feldman reiterated a Market Perform rating and $360.00 price target on Home Depot (NYSE: HD).
The analyst comments "TAG View: Home Depot reported 2Q24 adjusted EPS of $4.67, beating our estimate of $4.64 and the FactSet (FS) consensus of $4.53, driven by sales of $43.2B (TAG $42.7B; FS $42.6B) that were boosted by $1.3B for the six weeks since acquiring SRS Distribution... More
Home Depot (HD) PT Lowered to $392 at Wolfe Research
August 14, 2024 5:28 AM EDTWolfe Research analyst Chris Bottiglieri lowered the price target on Home Depot (NYSE: HD) to $392.00 (from $401.00) while maintaining a Outperform rating.
The analyst comments "We are Outperform rated on Home Depot. Home Improvement is a more resilient category versus areas like... More
Evercore ISI Reiterates Outperform Rating on Home Depot (HD)
August 13, 2024 8:43 AM EDTEvercore ISI analyst Greg Melich reiterated an Outperform rating and $415.00 price target on Home Depot (NYSE: HD).
The analyst comments "Slight miss on comps, beat on EPS. Most importantly for the stock, HD officially threw in the towel on their prior... More
Citi Defending Home Depot (HD): 'It’s Not as Bad as Stock Reacting'
August 13, 2024 8:42 AM EDTCiti analyst Steven Zaccone reiterated a Buy rating and $395.00 price target on Home Depot (NYSE: HD)
The analyst comments "HD reported a slightly weaker than expected print for SSS in both 2Q and for 2H guidance implications, but we believe the EPS... More
Truist Cautious on Home Depot (HD): 'near-term set up difficult to assess'
August 13, 2024 7:25 AM EDTTruist Securities analyst Scot Ciccarelli reiterated a Buy rating and $396.00 price target on Home Depot (NYSE: HD)
The analyst comments "Net/net 2Q comps were down (3.3%) and US comps were down (3.6%) vs. our recently downwardly revised forecast of (2.3%) and (2.5%), respectively. As... More
Jefferies on Home Depot (HD) Earnings: 'Comps Underwhelm'
August 13, 2024 7:21 AM EDTJefferies analyst Jonathan Matuszewski reiterated a Buy rating and $426.00 price target on Home Depot (NYSE: HD).
The analyst comments "A noisy quarter given the six-week sales contribution from recently acquired SRS, but nonetheless, the underlying trend is clear: higher interest rates & greater macroeconomic uncertainty... More
Stifel Negative on Home Depot (HD) Following Earnings, 'We expect the shares to trade lower this morning'
August 13, 2024 6:58 AM EDTStifel analyst W. Andrew Carter reiterated a Hold rating and $380.00 price target on Home Depot (NYSE: HD).
The analyst comments "QUICK WORD: NEGATIVE. 2Q24 EPS $4.60 including $0.07 amortization headwind outpaced our estimate ($4.35), but with weaker comparable sales -3.3% (-2%) including -3.6% domestic (-1.9%), with... More
Walmart (WMT) PT Raised to $75 at CFRA
August 12, 2024 12:53 PM EDTCFRA analyst Arun Sundaram raised the price target on Walmart (NYSE: WMT) to $75.00 (from $72.00) while maintaining a Buy rating.
The analyst comments "WMT reports FQ2 results on August 15. We think WMT will beat on the top and bottom line.... More
