Credit Suisse, Meta Platforms, Wolfspeed And Some Other Big Stocks Moving Lower On Thursday
U.S. stocks traded mixed, with the Dow Jones gaining more than 300 points on Thursday. Here are some big stocks recording losses in today’s session.
Morgan Stanley Maintains Equal-Weight on Wolfspeed, Lowers Price Target to $88
Morgan Stanley analyst Joseph Moore maintains Wolfspeed (NYSE:WOLF) with a Equal-Weight and lowers the price target from $106 to $88.
JP Morgan Upgrades Wolfspeed to Overweight, Raises Price Target to $160
JP Morgan analyst Samik Chatterjee upgrades Wolfspeed (NYSE:WOLF) from Neutral to Overweight and raises the price target from $130 to $160.
William Blair Initiates Coverage On Wolfspeed with Outperform Rating
William Blair analyst Jed Dorsheimer initiates coverage on Wolfspeed (NYSE:WOLF) with a Outperform rating.
JP Morgan Maintains Neutral on Wolfspeed, Raises Price Target to $130
JP Morgan analyst Samik Chatterjee maintains Wolfspeed (NYSE:WOLF) with a Neutral and raises the price target from $120 to $130.
This Stock Is ‘Way Too Expensive,’ Cramer Says: ‘I’m Sorry, I Can’t Endorse It’
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Rada Electronic Industries Ltd (NASDAQ: RADA) is "way too expensive." He added, "I’m sorry, I can’t endorse it."
Will Investors Notice Exciting Sign On Wolfspeed’s Chart?
If history is any guide, there may be good fortune ahead for shares of Wolfspeed (NYSE:WOLF). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
Benzinga’s Top Ratings Upgrades, Downgrades For September 13, 2022
Upgrades
See all analyst ratings upgrades.
Evercore ISI Group Initiates Coverage On Wolfspeed with Outperform Rating, Announces Price Target of $155
Evercore ISI Group analyst Matthew Prisco initiates coverage on Wolfspeed (NYSE:WOLF) with a Outperform rating and announces Price Target of $155.
US Chips Act Draws Investments; Wolfspeed To Build New US Factory To Tap Ballooning EV Demand
Wolfspeed, Inc (NYSE:WOLF) looks to build a new, state-of-the-art, multi-billion-dollar Materials manufacturing facility in Chatham County, North Carolina. The investment will…