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OCTOBER 23RD, 2024

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Today’s Top Stories

Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?

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How to Legally Opt-Out of the Central Bank Digital Currency (Ad)

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Coke’s quarterly revenue and volumes fall but still beat expectations

BY THE ASSOCIATED PRESS | OCTOBER 23, 2024 06:13 AM

Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch

BY GABRIEL OSORIO-MAZILLI | OCTOBER 23, 2024 07:55 AM

PANIC IN THE BANKS: 63 on the Brink of Collapse (Ad)

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Stock market today: Wall Street slips as its red-hot rally cools some more

BY THE ASSOCIATED PRESS | OCTOBER 22, 2024 11:44 PM

Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?

BY LEO MILLER | OCTOBER 23, 2024 07:45 AM

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Your Watchlist

MANAGE YOUR WATCHLIST AND MONITOR YOUR PORTFOLIO

Apple Inc. (AAPL)

(10/23) Apple sharply cuts back on Vision Pro production, The Information reports (reuters.com)
(10/23) US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures(reuters.com)
(10/23) Exclusive: Apple working on new App Store-like app dedicated to games – 9to5Mac(news.google.com)
(10/23) Value Stocks Gaining Momentum – Will They Beat Growth Stocks? (AAPL) (marketbeat.com)
(10/23) Prediction: Apple Stock Will Be Below $200 by the End of the Year (fool.com)

Amazon.com, Inc. (AMZN)

(10/23) Cathie Wood Bets Big on Amazon Stock: Should You Buy ETFs? (zacks.com)
(10/23) Big Tech is driving a nuclear power revival, energy guru Dan Yergin says (cnbc.com)
(10/23) Budget: Reeves mulls online retail tax but debate rages (proactiveinvestors.co.uk)
(10/23) 5 Monster Stocks to Hold for the Next 5 to 25 Years (fool.com)
(10/23) Amazon chart pattern alert — 63% upside? (finbold.com)

Alphabet Inc. (GOOGL)

Alphabet (NASDAQ:GOOGL) will be releasing earnings before the market opens on Tuesday, October 29, Zacksreports. (Register for Conference Call)
(10/23) Wiz hopes to hit $1B in ARR in 2025 before an IPO, after turning down Google’s $23B(techcrunch.com)
(10/23) Is Alphabet (GOOGL) a Buy as Wall Street Analysts Look Optimistic? (zacks.com)
(10/23) Alphabet Inc. (GOOGL) Is a Trending Stock: Facts to Know Before Betting on It (zacks.com)
(10/23) Alphabet To $7 Trillion By 2025? (forbes.com)
(10/23) 3 Artificial Intelligence (AI) Stocks to Buy With $500 and Hold for Decades (fool.com)

Meta Platforms, Inc. (META)

COO Javier Olivan sold 413 shares of the firm’s stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $580.65, for a total value of $239,808.45. Following the completion of the transaction, the chief operating officer now directly owns 11,120 shares in the company, valued at approximately $6,456,828. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
(10/23) Prediction: This Artificial Intelligence (AI) Stock Will Likely Split Next (fool.com)
(10/23) Meta Platforms, Inc. (NASDAQ:META) COO Sells $239,808.45 in Stock(americanbankingnews.com)
(10/23) 2 Incredible FAANG Stocks to Consider Adding to Your Portfolio in October (fool.com)
(10/23) Facebook should keep up satirical Harris-Walz nipple-pinching post, oversight board says(reuters.com)
(10/23) Meta Platforms, Inc. (NASDAQ:META) Stock Holdings Lifted by Venture Visionary Partners LLC(marketbeat.com)

Microsoft Co. (MSFT)

Microsoft (NASDAQ:MSFT) had its price target lowered by analysts at Citigroup Inc. ( ) from $500.00 to $497.00. They now have a “buy” rating on the stock. This represents a 15.6% upside from the current price of $429.97.
Microsoft saw some unusual options trading on Tuesday. Stock investors bought 355,575 call options on the company. This represents an increase of 29% compared to the typical volume of 274,666 call options.
(10/23) Microsoft (NASDAQ:MSFT) Price Target Cut to $497.00 (marketbeat.com)
(10/23) Big Tech is driving a nuclear power revival, energy guru Dan Yergin says (cnbc.com)
(10/23) Microsoft Corporation (MSFT) Unveils New Copilot AI Features to Boost Productivity; Faces Downgrade Amid Concerns Over AI Chip Reliance (msn.com)
(10/23) Kuwait bans ‘Call of Duty: Black Ops 6’ video game, likely over it featuring Saddam Hussein in 1990s(marketbeat.com)
(10/23) Microsoft (MSFT) to Release Earnings on Wednesday (marketbeat.com)

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Analysts’ Upgrades

Alcoa (NYSE:AA) was upgraded by analysts at Argus from a “hold” rating to a “buy” rating. They now have a $48.00 price target on the stock. This represents a 16.0% upside from the current price of $41.38.

Amylyx Pharmaceuticals (NASDAQ:AMLX) was upgraded by analysts at Bank of America Co. from a “neutral” rating to a “buy” rating. They now have a $10.00 price target on the stock, up previously from $4.20. This represents a 104.9% upside from the current price of $4.88.

A. O. Smith (NYSE:AOS) was upgraded by analysts at UBS Group AG from a “sell” rating to a “neutral” rating. They now have a $80.00 price target on the stock, up previously from $75.00. This represents a 2.2% upside from the current price of $78.29.

Boston Properties (NYSE:BXP) was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $105.00 price target on the stock, up previously from $78.00. This represents a 20.1% upside from the current price of $87.41.

Quest Diagnostics (NYSE:DGX) was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $182.00 price target on the stock, up previously from $157.00. This represents a 16.5% upside from the current price of $156.26.

Snap (NYSE:SNAP) was upgraded by analysts at JMP Securities from a “market perform” rating to an “outperform” rating. They now have a $17.00 price target on the stock. This represents a 67.3% upside from the current price of $10.16.

Texas Instruments (NASDAQ:TXN) was upgraded by analysts at Summit Insights from a “hold” rating to a “buy” rating.The current price is $200.84.

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Analysts’ Downgrades

Alto Neuroscience (NYSE:ANRO) was downgraded by analysts at Rodman & Renshaw from a “buy” rating to a “neutral” rating.The current price is $4.49.

Alto Neuroscience (NYSE:ANRO) was downgraded by analysts at Wedbush from an “outperform” rating to a “neutral” rating. They now have a $4.00 price target on the stock, down previously from $29.00. This represents a 10.9% downside from the current price of $4.49.

A. O. Smith (NYSE:AOS) was downgraded by analysts at DA Davidson from a “buy” rating to a “neutral” rating. They now have a $80.00 price target on the stock. This represents a 2.2% upside from the current price of $78.29.

Ardmore Shipping (NYSE:ASC) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $17.00 price target on the stock, down previously from $24.00. This represents a 10.5% upside from the current price of $15.39.

CoStar Group (NASDAQ:CSGP) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $83.00 price target on the stock, down previously from $96.00. This represents a 19.1% upside from the current price of $69.68.

Enphase Energy (NASDAQ:ENPH) was downgraded by analysts at Guggenheim from a “neutral” rating to a “sell” rating. They now have a $73.00 price target on the stock. This represents a 9.2% downside from the current price of $80.43.

Enphase Energy (NASDAQ:ENPH) was downgraded by analysts at Janney Montgomery Scott from a “buy” rating to a “neutral” rating. They now have a $83.00 price target on the stock. This represents a 3.2% upside from the current price of $80.43.

Enphase Energy (NASDAQ:ENPH) was downgraded by analysts at Canaccord Genuity Group Inc. from a “buy” rating to a “hold” rating.The current price is $80.43.

Genco Shipping & Trading (NYSE:GNK) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $17.00 price target on the stock, down previously from $26.00. This represents a 7.3% upside from the current price of $15.85.

International Seaways (NYSE:INSW) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $56.00 price target on the stock, down previously from $69.00. This represents a 22.5% upside from the current price of $45.73.

McDonald’s (NYSE:MCD) was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating. They now have a $290.00 price target on the stock, down previously from $320.00. This represents a 3.1% downside from the current price of $299.39.

McDonald’s (NYSE:MCD) was downgraded by analysts at Guggenheim from a “buy” rating to a “neutral” rating. They now have a $285.00 price target on the stock, down previously from $290.00. This represents a 4.8% downside from the current price of $299.39.

Medpace (NASDAQ:MEDP) was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating. They now have a $349.00 price target on the stock, down previously from $413.00. This represents a 6.7% upside from the current price of $327.08.

Parsons (NYSE:PSN) was downgraded by analysts at Raymond James from a “strong-buy” rating to an “outperform” rating. They now have a $115.00 price target on the stock. This represents a 8.6% upside from the current price of $105.90.

Star Bulk Carriers (NASDAQ:SBLK) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $21.00 price target on the stock, down previously from $30.00. This represents a 8.1% upside from the current price of $19.42.

Scorpio Tankers (NYSE:STNG) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $65.00 price target on the stock, down previously from $90.00. This represents a 5.3% upside from the current price of $61.70.

TFI International (NYSE:TFII) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $142.00 price target on the stock, down previously from $158.00. This represents a 6.6% upside from the current price of $133.25.

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Analysts’ New Coverage

Artivion (NYSE:AORT) is now covered by analysts at JMP Securities. They set an “outperform” rating and a $33.00 price target on the stock. This represents a 21.2% upside from the current price of $27.22.

Coinbase Global (NASDAQ:COIN) is now covered by analysts at B. Riley. They set a “neutral” rating and a $185.00 price target on the stock. This represents a 9.9% downside from the current price of $205.43.

Charles River Laboratories International (NYSE:CRL) is now covered by analysts at CLSA. They set an “underperform” rating and a $167.00 price target on the stock. This represents a 9.7% downside from the current price of $184.88.

Corteva (NYSE:CTVA) is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a $68.00 price target on the stock. This represents a 13.3% upside from the current price of $60.04.

Ferguson (NASDAQ:FERG) is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $234.00 price target on the stock. This represents a 19.3% upside from the current price of $196.15.

FMC (NYSE:FMC) is now covered by analysts at Citigroup Inc.. They set a “neutral” rating and a $67.00 price target on the stock. This represents a 8.3% upside from the current price of $61.89.

(GAME) (NASDAQ:GAME) is now covered by analysts at Northland Securities. They set an “outperform” rating and a $3.00 price target on the stock. This represents a 289.6% upside from the current price of $0.77.

Gladstone Capital (NASDAQ:GLAD) is now covered by analysts at B. Riley. They set a “neutral” rating and a $23.00 price target on the stock. This represents a 4.6% downside from the current price of $24.11.

Grab (NASDAQ:GRAB) is now covered by analysts at Daiwa Capital Markets. They set an “outperform” rating and a $4.60 price target on the stock. This represents a 7.0% upside from the current price of $4.30.

Disc Medicine (NASDAQ:IRON) is now covered by analysts at Jefferies Financial Group Inc.. They set a “buy” rating and a $89.00 price target on the stock. This represents a 79.6% upside from the current price of $49.56.

Oracle (NYSE:ORCL) is now covered by analysts at Royal Bank of Canada. They set a “sector perform” rating and a $165.00 price target on the stock. This represents a 5.8% downside from the current price of $175.14.

Smurfit Westrock (NYSE:SW) is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a $57.00 price target on the stock. This represents a 22.5% upside from the current price of $46.54.

Telecom Argentina (NYSE:TEO) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “sell” rating on the stock.The current price is $7.93.

XOS (NASDAQ:XOS) is now covered by analysts at Roth Mkm. They set a “buy” rating and a $15.00 price target on the stock. This represents a 215.1% upside from the current price of $4.76.

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