Here are some of the tickers on my radar for Wednesday, Sept. 27, taken directly from my reporter's notebook:
- Tesla (TSLA) price target cut to $285 per share from $300 at Deutsche Bank.
- Cowen starts Levi (LEVI) with outperform (buy). The pants category though is dominated by athleisure Lululemon (Lulu) and Ralph Lauren (RL).
- J.B. Hunt (JBHT) price target RAISED even though estimates cut at Evercore ISI. Makes no sense. The analysts keep outperform (buy) rating.
- E.l.f Beauty (ELF) price target cut to $147 per share from $162 at Morgan Stanley. UBS says buy. E.l.f. has been hammered. But so has CNBC Investing Club stock Estee Lauder (EL).
- American Tower (AMT), Crown Castle (CCI) and SBA Communications (SBAC) brutal takedowns by JPMorgan. Business continues to slow after outsized spending on 5G.
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- Cintas (CTAS): two price targets raised and three lowered.
- Hasbro (HAS) started with an overweight (buy) at Morgan Stanley.
- Morgan starts Brunswick (BC), Polaris (PII) and Yeti (YETI) with equal weight (hold) ratings.
- Zions Bancorp (ZION) downgraded to underweight from equal weight (sell from hold) at Morgan Stanley.
- Chevron (CVX) price target cut to $145 per share from $150 at Bank of America. Keeps neutral (hold) rating. Exxon Mobil (XOM) to $185 from $190 at BofA. Keeps buy rating.
Here's a full list of the stocks in Jim's Charitable Trust, the portfolio used by the CNBC Investing Club.
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