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Six Flags stock has ticked up nearly 7% in 2024. The analyst reiterated an overweight rating on the stock as well as a $1,200 per share price target, implying more than 31% upside from Tuesday's close. The analyst has a buy rating on Nvidia with a $1,150 per share price target, or about 26% upside ahead. He also raised his price target on U.S.-listed shares to $5.40 per share from $4.80, though the new forecast calls for a 6% decline over the next year. NIO YTD mountain NIO YTD Lai had downgraded Nio to underweight in February due to slowing sales momentum.

Persons: Chris Woronka, Woronka, Brian Evans, John Vinh doesn't, NVDA, Vinh, Timothy Arcuri, Arcuri, — Brian Evans, Goldman Sachs, Alphabet's, Eric Sheridan, Sheridan, Oppenheimer, Jason Helfstein, GOOG, Helfstein, Brent Thill, Jefferies, Nick Lai, YTD Lai, Fred Imbert, ~$ ( ~$) Organizations: CNBC, JPMorgan, Deutsche Bank downgrades, Flags Entertainment, Deutsche Bank, Fair, Nvidia, Blackwell, UBS, Google, Gemini

☆ Stocks making the biggest moves premarket: IBM, Tesla, Nokia, Humana and more
▼ + stars: | 2024-01-25 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Tesla — Shares of the automaker fell 8% after Tesla reported fourth-quarter results that missed estimates on the top and bottom lines and warned that vehicle volume growth may be "notably lower" in the new year. Tesla reported 71 cents in adjusted earnings per share on $25.17 billion of revenue. The company reported adjusted earnings of $3.87 per share on $17.38 billion in revenue. While Humana's fourth-quarter earnings were in line with prior guidance, the company guided for full-year earnings of $16, vastly under the $29.14 expected by FactSet. The company's fourth-quarter revenue of $2.92 billion also topped FactSet's predicted $2.89 billion.

Persons: Tesla, LSEG, Chris Woronka, Raymond James, Wilma Burdis, Truist, — CNBC's Michelle Fox, Sarah Min, Jesse Pound, Pia Singh, Samantha Subin Organizations: Hertz, JPMorgan, IBM, LSEG, Boeing —, Bank of America, Federal Aviation, Alaska Airlines, Paramount Global, Skydance Media, Nokia —, Nokia, FactSet, Avis Budget Group, Citi Locations: Las Vegas

Avis Budget has been "left behind, without cause," opening up a buying opportunity for investors, according to Deutsche Bank. Analyst Chris Woronka upgraded shares to buy from hold. He also raised his price target to $263 from $239, implying 61% upside potential from Tuesday's close. CAR YTD mountain CAR year to date "It is no secret that CAR's earnings have benefited from gains on the resale of its vehicles for some eight quarters now, or that the company's pricing metric ('RPD') remains some 36% ahead of comparable 2019 levels on a TTM basis. "Buy the laggard," Woronka added.

Persons: Chris Woronka, Woronka, Avis, — CNBC's Michael Bloom Organizations: Avis Budget, Deutsche Bank

☆ Post-Covid, post-bankruptcy Hertz is all-in on electric, with big implications for the EV, auto and rideshare market
▼ + stars: | 2023-05-14 | by ( Tim Mullaney | ) www.cnbc.com time to read: +5 min

In this article HTZ Follow your favorite stocks CREATE FREE ACCOUNTTesla Model 3 electric vehicles at a Hertz neighborhood location. These deals began to roll out last year, after Hertz's first Teslas hit the road in 2021 and experiments with rental EVs extended back over the past decade. "At the end of [March], we had about 50,000 electric vehicles in our fleet, comprising approximately 10% of total cars," Scherr said. Hertz has also told analysts that the growing EV rideshare market can be a buffer against traditional quarterly peak to trough experienced in the leisure business. The benefits of using an EV begin with a $1 per ride credit to the driver for using an EV, Uber spokeswoman Alix Anfang said.

☆ Hertz Names First CMO Since 2020 Amid New Focus on Electric Vehicles
▼ + stars: | 2022-12-08 | by ( Patrick Coffee | ) www.wsj.com time to read: +4 min

Hertz Global Holdings Inc. named former GE Appliances marketer Wayne Davis as its new chief marketing officer, making him the first CMO at the car rental services company since 2020, a spokesman said. The company’s most recent chief marketing officer, Jodi Allen, died in 2020. Newsletter Sign-up WSJ | CMO Today CMO Today delivers the most important news of the day for media and marketing professionals. Electrification “speaks to mobility, and it speaks to making Hertz a brand for the future,” Mr. Davis said. Mr. Davis previously spent more than a decade at General Electric’s appliances division, which became GE Appliances after being acquired by Haier Smart Home Co. Ltd. in 2016.

☆ Debt-loaded cruise lines' shares fall as Fed hikes rate and recession fears grow
▼ + stars: | 2022-09-23 | by ( Jack Stebbins | ) www.cnbc.com time to read: +2 min

He also noted the debt cruise companies racked up while their ships were anchored during the pandemic. As of Sept. 1, Truist estimates that Carnival holds $35 billion in debt, Royal Caribbean has $25 billion and Norwegian owes $14 billion. Norwegian, Carnival and Royal Caribbean did not respond to request for comment. But between high interest expenses and revenues that are still recovering, he said none of the cruise companies are yet "out of the woods." Carnival shares are down about 55% this year, while Norwegian stock is down about 35% and Royal Caribbean has fallen about 43%.

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