Monday's analyst calls included an upgrade to Apple and a move in the opposite direction for athleisure giant Lululemon and electric car marker Tesla.
The firm downgraded Ulta stock to equal weight from overweight, and lowered its price target to $434 per share from $612.
— Brian Evans 6:30 a.m. Evercore slashes Tesla price target Evercore ISI says its forecast for Tesla stock is due for an update as headwinds from the start of the year converge and pressure the electric vehicle company.
Apple stock has pulled back 12.1% in 2024 but was up 1.7% in premarket trading Monday.
Lululemon stock has slipped nearly 29% in 2024 and was off 1.9% premarket Monday.
Persons:
Bernstein, Toni Sacconaghi, Barclays downgrades Ulta, Adrienne Yih, Yih, — Brian Evans, Chris McNally, McNally, Bernstein's Toni Sacconaghi, Sacconaghi, Barclays downgrades Lululemon, headwinds, LULU
Organizations:
CNBC, Apple, Tesla, Barclays, ISI
Locations:
China, Friday's, Mexico