Midday movers: Nvidia, US Steel and JetBlue rise; ChargePoint falls
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StreetInsider.com Top Tickers, 6/13/2026
- 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
CFRA Reiterates Buy Rating on Apple (AAPL) Following Event
September 9, 2024 4:07 PM EDTCFRA analyst Angelo Zino reiterated a Buy rating and $260.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "AAPL unveiled new iPhones, Watches, and AirPods. Pricing for the Pro devices was unchanged, while the displays will get bigger (6.3 / 6.9 inches), with camera (new 48MP) and... More
American Airlines (AAL) Shares +3.33% Today, BofA Comments on Capacity Changes
September 9, 2024 1:30 PM EDTAmerican Airlines (NASDAQ: AAL)
The analyst comments "Downward capacity adjustments are continuing into 2025 this week as network carriers begin to moderate growth. DAL lowered system capacity by 90/150/190bps in Dec/Jan/Feb, driven by domestic capacity (lowered by 150/220/280bps). UALs schedules also... More
Verizon Communications (VZ) Shares Gain ~3%, Co. Spoke at Goldman Sachs Conference Earlier
September 9, 2024 1:07 PM EDTGoldman Sachs analyst James Schneider reiterated a Buy rating and $50.00 price target on Verizon Communications (NYSE: VZ).
The analyst comments "Bottom line: We have three key takeaways: (1) the company is bullish on the proposed Frontier transaction and its ability to drive improved penetration... More
Morgan Stanley Comments on WSJ Report about Tesla (TSLA) and xAI Deal
September 9, 2024 1:03 PM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "WSJ reported on a story of how Tesla and Elon Musks AI startup (xAI) have discussed potential licensing/revenue sharing opportunities. Mr. Musk responded via X saying the summary of the article was not accurate. Some thoughts: AI >EV. A recent investor survey suggested that the AI theme is more deterministic to Teslas share price than EVs by... More
Barclays Reiterates Underweight Rating on NIO (NIO), PT $4, 'a high level of uncertainty as the company is transforming'
September 9, 2024 12:47 PM EDTBarclays analyst Jiong Shao reiterated an Underweight rating and $4.00 price target on NIO (NYSE: NIO)
The analyst comments "Key takeaways: 2Q results were broadly inline and 3Q delivery guide suggests continued solid delivery of NIO branded cars at roughly 20k per month. We remind investors that since NIO upgraded specs of its product portfolio and reduced prices earlier this year, NIO has... More
Citi on NVIDIA (NVDA) q2 2024 Graphics Data: 'GPU revenue share was up 68bps (94.2%)'
September 9, 2024 12:20 PM EDTCiti analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "Mercury Research released 2Q24 graphics data last week. While the data is backward-looking, on a QoQ basis, NVDA GPU revenue share was up 68bps (94.2%)... More
Bernstein SocGen Group Reiterates Market Perform Rating on NIO (NIO)
September 6, 2024 6:01 AM EDTBernstein SocGen Group analyst Eunice Lee reiterated a Market Perform rating and $5.00 price target on NIO (NYSE: NIO).
The analyst comments "Q2 results in line. NIO reported Q2 revenue of RMB 17.4bn (+98.9% yoy and +76.1% qoq). Revenue increase was driven by higher volume (57.4k units, +143.9% yoy and 90.9% qoq), partially offset by lower ASP (-10.5% yoy and -2.0% qoq) that resulted from higher discounts and promotions in Q2. Gross margin was 9.7% and vehicle margin improved to... More
NIO (NIO) PT Lowered to $5.10 at Jefferies
September 6, 2024 5:34 AM EDTJefferies analyst Xiaoyi Lei lowered the price target on NIO (NYSE: NIO) to $5.10 (from $5.50) while maintaining a Hold rating.
The analyst comments "NIO reported 2Q24 results with rev up 98.9% YoY to RMB17.4bn and net loss narrowed by 2.5%... More
Barclays on Tesla (TSLA): 'Germany proposes company car EV subsidies through 2028, likely tailwind to Tesla but more beneficial to German OEMs'
September 5, 2024 4:11 PM EDTBarclays analyst Dan Levy reiterated an Equalweight rating and $220.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Germany proposes company car EV subsidies through 2028, likely tailwind to Tesla but more beneficial to German OEMs. Under proposal, cos. could... More
Citi Opens 30-Day Upside Catalyst Watch on NIO (NIO)
September 5, 2024 2:09 PM EDTCiti analyst Jeff Chung reiterated a Buy rating and $7.00 price target on NIO (NYSE: NIO).
The analyst comments "(1) We expect 3Q24 other revenue of Rmb1.86bn with negative GPM narrowed to -9.5% (from 2Q24s -12.3%). (2) We anticipate 3Q24 blended ASP to... More
NIO (NIO) PT Raised to $5.30 at BofA Securities
September 5, 2024 1:29 PM EDTBofA Securities analyst Ming Hsun Lee raised the price target on NIO (NYSE: NIO) to $5.30 (from $5.00) while maintaining a Neutral rating.
The analyst comments "NIO announced 2Q24 results and hosted a conference call on 5 September. Total revenue came in at... More
