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Barclays cut its price target on Tesla. Turrin's $480 price target suggests Microsoft shares, which are up more than 10% this year, could add another 15.8% over the next 12 months. Nardone kept his $150 price target, which implies Crocs shares could gain 24.3% over the next 12 months. Tesla shares, which have lost more than 36% this year, traded 1.3% higher in premarket trading. Redburn Atlantic also cut its price target to $130 from $150, reiterating its sell rating on the stock.

Persons: Raymond James, Wells, Michael Turrin, Turrin, — Pia Singh, Crocs, Christopher Nardone, Terence Reilly, Nardone, Stanley, Ben Chaiken, Chaiken, Jefferies, Corey Tarlowe, Tarlowe, Tesla's, Dan Levy, Levy, Tesla, Pavel Molchanov, Vernova, Molchanov, Fred Imbert Organizations: CNBC, Wednesday's, Barclays, GE, Microsoft, Bank of America Bank of America, Royal, Mizuho Securities Mizuho, Royal Beach Club, Urban, Jefferies, Urban Outfitters, Abercrombie, General Electric, GE Vernova Locations: Wells Fargo, Heydude, Royal Caribbean, Tuesday's

☆ The email templates an HBCU student-athlete who's landed 86 NIL deals has used to pitch brands
▼ + stars: | 2023-09-18 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +4 min

The Eastbay deal gave Smith a bigger audience, leading to partnerships with companies including Coach, Heydude, Boost Mobile, and Hardee's. He mixes up his content with get-ready-with-me and workout videos, and posts about football, track, comedy — or his NIL deals. "People say they want NIL deals," Smith said, "but don't post on social media … Well, to get NIL deals, you have to post. "Don't let anybody tell you you can't get NIL deals at a smaller school," Smith said he tells other student-athletes. He said he's cofounding a new NIL marketplace that he plans to release this fall, hoping to specifically connect HBCU athletes with brand deals.

Persons: Rayquan Smith, Smith, He's, he's, That's, who's, hasn't, I'm Organizations: Norfolk State, Smart, Boost Mobile, Twitter, Eastern Athletic Conference, Virginia State University, Black Sports Locations: TikTok, Instagram

☆ Allbirds stock crashes after the company said it lost $101 million last year and quarterly sales fell well below a year ago
▼ + stars: | 2023-03-09 | by ( Matthew Kish | ) www.businessinsider.com time to read: +2 min

Allbirds stock plummeted more than 19% Thursday within hours of a disappointing earnings report. The company reported a $101 million annual loss and a 13% quarterly drop in sales. Allbirds announced a four-part plan to restart profitability. The company also announced former Nike Chief Operating Officer Eric Sprunk joined the company's board and the appointment of Annie Mitchell as chief financial officer. Allbirds also is ramping up a new Portland office that will drive much of the new product focus.

☆ Top Wall Street analysts expect these stocks to thrive despite macro pressures
▼ + stars: | 2023-02-26 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

To help with the process, here are five stocks chosen by Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their track records. Drbul reiterated a buy rating on Walmart and a price target of $165. He reiterated a buy rating and increased his price target to $175 from $155. Following the fourth-quarter results, BTIG analyst Peter Saleh reiterated a buy rating and "Top Pick" designation on CHEF, with a price target of $48. Power maintained a buy rating on Datadog and a $100 price target.

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