Here are some of the tickers on my radar for Wednesday, Oct. 4, taken directly from my reporter's notebook: price target to $400 per share from $425. Keeps overweight rating. Capex still high. Advertising should outperform.
is a stock in the CNBC Investing Club portfolio. electric vehicle sales up 14.8% in the third quarter. Overall sales up 7.7%. Truck sales up 15.3%. Barclays sees EV demand increases among consumers worried about higher gas prices. estimates cut by Bank of America based on gross margin pressure. Fears of trade down. Debt increase. BofA also slashed MKC price target to $86 per share from $100. Stifel much more negative, cutting PT to $70 form $82.
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