10 things to watch at the club on Monday 26 June

1. in stock Futures were flat going into the last week of June and into the second quarter. The market was coming to an end, with all three major indexes down at least 1%, snapping multi-week gains.

2. tesla Tesla’s (TSLA) stock price has risen about 24% since the beginning of June, and the company’s rating was downgraded again. Goldman Sachs on Sunday downgraded the electric automaker to neutral from buy, arguing that the stock now reflects the company’s “positive long-term view on Tesla’s growth potential and competitive position.” Goldman Sachs raised its price target to $248 a share from $185.

3. UBS downgrades club rating on Monday letter (GOOGL) was downgraded to neutral from buy, citing “limited upside to consensus forecasts and near-term monetization risk.” Club Tech’s risk-reward setup is better — amazon (Amazon) and meta platform (Yuan).

4. Roth MKM named Amazon its top Internet superstock pick on Monday, while raising its price target on the e-commerce giant to $155 a share from $130 and maintaining a buy rating on the stock. Amazon, Meta and Alphabet should be “important medium-term beneficiaries” of the AI ​​boom, the firm said.

5. UBS upgrades on Monday modern (MRNA) Buy Neutral, as the market is undervaluing the company’s pipeline beyond its Covid-19 vaccine. UBS lowered its price target on Modera stock to $191 from $221 a share.

6. BMO Capital Upgraded Monday Sherwin-Williams (SHW) Outperform or Buy, citing consensus estimates for “reasonable upside” and signs that the housing market may be improving. BMO raised its price target on SHW stock to $275 a share from $269.

7. Morgan Stanley named club holding on Monday Palo Alto Networks (PANW) became the preferred stock in the field of network security, while raising its target price from $ 255 to $ 302 per share and maintaining an overweight stock. The firm expects PANW’s market cap to top $100 billion in the next 12 months, from about $74 billion on Monday.

8. club holding Eli Lilly (LLY) presented Phase 2 data at a conference American Diabetes Association Meeting An oral drug designed to combat obesity and type 2 diabetes. These studies should cement Lilly’s dominance in the field.

9. Wells Fargo began reporting on Monday Brinker International (EAT) to reduce or sell rating, target price of $ 31 per share. The hotel company has underperformed amid a slowing economy, while its assets are “vulnerable to declining trade and heightened promotions,” it said.

10. JPMorgan Raises Price Target Las Vegas Sands (LVS ) rose to $72 a share from $71 on an upward revision to its Macau business earnings forecast. The bank maintained a Buy rating on LVS stock.However, the club still prefers Wynn Resorts (WYNN) for the recovery of Macau.

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