Stifel cut the price target on Under Armour, Inc.. from $30 to $24. Under Armour shares fell 0.7% to $22.22 in pre-market trading.RBC Capital lowered the price target on Airbnb, Inc. from $195 to $175. Airbnb shares rose 0.3% to $168.62 in pre-market trading.Morgan Stanley lowered DocuSign, Inc. price target from $350 to $165. DocuSign shares dropped 2.4% to $147.51 in pre-market trading.Barclays cut the price target on Aptiv PLC from $212 to $200. Aptiv shares rose 2.7% to $168.91 in pre-market
Apple’s market capitalization is once again closing in on $3 trillion. If and when it hits the mark, which will require shares to reach $182.86, Apple will be in historic territory. And analysts are loving it.This month alone, Katy Huberty of Morgan Stanley, Samik Chatterjee of JPMorgan, and Amit Daryanani of Evercore ISI have raised their price targets on the stock to $200. And on Tuesday BofA Global Research’s Wamsi Mohan upgraded the stock from neutral to buy and raised his price target for
Rivian,Adobe,FedEx,Lennar,Campbell Soup,and Other Stocks to Watch This Week
The main event for investors this week will be the Federal Reserve’s rate-setting committee’s last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential announcement of plans to accelerate monthly asset purchase tapering.The Federal Open Market Committee’s two-day meeting takes place on Tuesday and Wednesday.Earnings reports this week are few, but will include Campbell Soup on Tuesday;Lennar,Accenture,FedEx,Rivian Automotive, and Adobe on Thursday; and