Stocks making the biggest moves midday: Tesla, AMD, Peloton Interactive, United Airlines & more

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Tesla got a big price-target raise along with AMD.

— The restaurant chain's stock slid more than 4% after the company said its COO would step down on Mar. 7. According to a filing with the Securities and Exchange Commission, the resignation is "not the result of any material disagreement with the Company regarding its operations, policies or practices." Shares have gained 33% over the last year.— Shares of Advanced Micro Devices rose 4.2% after Nomura Instinet raised its price target on the stock to $58 per share from $40.

" Shares of Peloton have shed more than 21% in the last month.— United Airlines gained 1.7% on Thursday morning after Evercore ISI upgrade the company to outperform from in-line. Evercore said in a note that United is trading at a significant valuation discount to its peers and has the "cleanest capital structure" of that group. The firm also raised its price target for United's stock to $125 per share from $105.

 

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Tesla stock price could surge 23% in 2020 according to one analyst - Business InsiderJed Dorsheimer of Canaccord Genuity, raised his price target to $515 from $375 Thursday, saying electric vehicles will 'only accelerate in 2020.'
Source: BusinessInsider - 🏆 729. / 51 Read more »