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Some stocks on Wall Street are absolutely hated by analysts and investors, but their fundamentals are improving, leaving a potential buying opportunity for contrarian investors, according to UBS. Most analysts currently covering the stock have assigned it a hold rating, with predicted upside of about 16% to consensus price targets. "The iconic automaker continues to enjoy strong profits from its core markets and a policy driven investment cycle in the U.S," the analyst wrote. Most analysts have assigned Airbnb stock a hold rating. The analyst consensus has shares at a hold rating, with predictions suggesting the stock could rise an average of 26% from its Thursday close.
Persons: Jonathan Golub, Bernstein, Daniel Roeska's, Wedbush, Scott Devitt, Ben Chaiken, Jan, Chaiken, Clorox, Estee Lauder, — CNBC's Michael Bloom Organizations: UBS, Stocks, Wall, Ford Motor, Ford, Cruise, Mizuho, Pfizer, Gartner, Northern Trust
Meanwhile, JPMorgan upgraded Huntington Bancshares to overweight from neutral, with a price target that implies upside of 31%. Analyst Scott Hanold's $90 price target implies that shares of Civitas could rise 25% from here. These two headwinds combined together could create near-term pressures for the stock by limiting Zscaler's billings growth, the analyst wrote. Nowinski's price target of $182, down from $275, implies the stock could rise 6% from here. The bank upgraded shares of the cruise operator to buy from neutral and lifted its price target to $24 from $21.
Persons: Mizuho, Scott Hanold's, Hanold, — Lisa Kailai Han, Wells, Andrew Nowinski, F4Q24, Nowinski, Patrick Cunningham, Cunningham, Lisa Kailai Han, Andrew Boone, Boone, Max, Duolingo, Ben Chaiken, Jan, Chaiken, Steven Alexopoulos, Alexopoulos, Huntington, Fred Imbert Organizations: CNBC, Cruise Line, JPMorgan, Huntington, RBC, Civitas Resources, RBC Capital Markets, Citi, DuPont DuPont, DuPont, Max, Mizuho, Cruise Locations: DAU, Mizuho, Norwegian, Huntington Bancshares, Columbus , Ohio, Friday's
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
Voices of a generationWatch more from the Coachella Stage all weekend on the @Youtube livestream at https://t.co/369m1pWQBo pic.twitter.com/CHCyTBKcuX — Coachella (@coachella) April 13, 2024Will Smith performed 'Men in Black' during J. Balvin's set, wearing a very appropriate suit. Olivia Rodrigo performed with No Doubt. Gwen Stefani of No Doubt and Olivia Rodrigo perform at the Coachella Stage during the 2024 Coachella Valley Music and Arts Festival at Empire Polo Club on April 13, 2024 in Indio, California. AdvertisementKesha also joined Rapp during her setReneé Rapp and Kesha perform onstage together. Peso Pluma Brings Out Becky G to Perform "Chanel" at Coachella 🖤 • @iambeckyg pic.twitter.com/niypTDldVK — ERIKA ❤️‍🔥 (@beckygchanel_) April 14, 2024Paris Hilton played games with Vampire WeekendParis Hilton at Neon Carnival during Coachella.
Persons: , Lana Del Rey, Sabrina Carpenter, Barry Keoghan, Megan Fox, Taylor Swift, Travis Kelce, Jeff Bezos, Del Rey, Lauren Sánchez, Billie Eilish, Shakira, Lana Del Rey's, Christina House, 369m1pWQBo, Will Smith, Balvin's, Arturo Holmes, Olivia Rodrigo, Gwen Stefani, John Shearer, Rodrigo, Bizarrap, Valerie Macon, Childish Gambino, Charlie Wilson, Tyler, Gambino, Donald Glover, Igor, Reneé Rapp, Leisha Hailey, Jennifer Beals, Katherine Moennig, Ilene Chaiken, Rapp, Kesha, Emma McIntyre, ToK, l1TbBn9Mnq — Courtney Howard, Becky G, Chanel, Becky, RIKA ❤ ️‍🔥 ( Organizations: Service, Colorado, Business, Machine, Guardian, Los Angeles Times, Del, Coachella, Valley Music, Arts Festival, Empire Polo Club, Vogue, Bizarrap, WHO Locations: Coachella, Black, Indio , California, AFP, LA
CNN —Anonymous reporting systems used by schoolchildren to report concerning behavior among their peers has resulted in the prevention of numerous instances of suicide, school violence and planned attacks, according to a study published Wednesday. The firearm-related tips received by the anonymous reporting system included potential school shootings, observing someone in possession of a weapon, bullying, and harassment or intimidation, according to the study. The Sandy Hook Promise’s Say Something Anonymous Reporting System serves more than 5 million students in sixth through 12th grade in 23 states, according to the study. Other areas use the StopIt anonymous reporting system or unique apps for students in a particular school district for students to report threats. While the topic of gun control can be politically polarizing in the US, improving mechanisms for anonymous reporting of threats by students has been met with bipartisan support.
Persons: Sandy, Sandy Hook, , Mary Ellen O’Toole, Robert Taylor, ” Taylor, Luke Meerman, Meerman, Rather, Dr, Sanjay Gupta, Sen, Scott Wilk, ” Wilk, Holly Yan, Annette Choi Organizations: CNN, Anonymous, Chaiken Foundation, US Centers for Disease Control, University of Michigan, CDC, International Association for Suicide Prevention, Befrienders, Public, FBI, US Secret Service, “ Research, Wake County Public School System, Oxford High School, Republican, Democratic, CNN Health, Saugus High School Locations: Wake, North Carolina, Michigan, California, Saugus, Los Angeles
After a strong first half for the stock market, Credit Suisse has an idea to keep the gains going. Now, questions swirl around if the market can continue its ascent as the second half of 2023 kicks into high gear. Credit Suisse asked every one of its U.S. research analysts to name their top stock picks when looking at the next six to 12 months. His price target implies shares could rally nearly 35% over the next year. International Game Technology also made the list, with analyst Ben Chaiken expecting big upside ahead even after a strong first half.
Persons: Stocks, Alcoa, Curt Woodworth, Woodworth, Refinitiv, Ben Chaiken, Judah Frommer, Frommer, MasTec, Jamie Cook, — CNBC's Michael Bloom Organizations: Credit Suisse, Nasdaq, Technology
[1/5] White House Press Secretary Karine Jean-Pierre hugs co-creator of the Showtime's TV show The L Word Ilene Chaiken as cast member Leisha Hailey speaks about LGBTQIA rights to draw attention to Lesbian Visibility Week during a press briefing at the White House in Washington, U.S., April 25, 2023. REUTERS/Leah MillisWASHINGTON, April 25 (Reuters) - The cast of American TV show "The L Word: Generation Q" visited the White House Tuesday to mark Lesbian Visibility Week, touting the role the long-running show has played for gay women and girls across the country. Shows like "The L Word" that tell LGBTQ stories help "save precious lives," she said, adding the show made her feel less alone as she grew up. Ilene Chaiken, who created "The L Word" in 2004, said she was delighted the show had lived on and was now speaking to a new generation. We're here today at the White House, and we won't be erased," she said.
Certain names will surprise to the upside in 2023, according to Credit Suisse, in what's expected to be another volatile year for the stock market. Credit Suisse predicts Carnival will see upside to estimates for earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2023 and 2024. Carnival has 47% upside to Credit Suisse's $16 price target, as of Wednesday's close. CCL mountain 2020-01-26 Carnival's performance since late January, 2020 Meanwhile, FedEx had a challenging 2022 but could rally nearly 27%, according to Credit Suisse's $238 price target. Nvidia shares have more than 8% upside to Credit Suisse's $210 price target.
Shares of Norwegian Cruise Line are trading at a steep premium and investors can find better value elsewhere, Credit Suisse said. Analyst Benjamin Chaiken double-downgraded shares of the cruise stock to underperform from outperform, saying investors should put their money in other cruise stocks. Along with an "unsustainable valuation premium" and better upside from Norwegian's cruise stock peers, Chaiken cited downside to 2023 estimates. Given this backdrop, Credit Suisse prefers shares of Royal Caribbean, which typically trade at a premium to Norwegian. Norwegian shares shed 5% following the downgrade.
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