Rivian, Rocket Lab, Hershey, Lowe’s and more
Check out the companies making headlines before the bell. Hershey — The chocolate maker fell 1% after Morgan Stanley downgraded shares to underweight from equal weight. The bank cited weak…
Jim Cramer sees a ‘new king’ in trucking and a ‘golden age’
Morgan Stanley’s decision Tuesday to boost its price target on XPO Logistics (XPO) to $65 a share, from $45, could signal a “new king” in the trucking-and-logistics industry, CNBC’s Jim…
COST, BBBY, AMC, FDX and more
A consumer shops in a Costco store in Miami on Sept. 28, 2021. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Costco — The…
Z, MSFT, META, FIS, FSLY
Microsoft signage is seen at the company’s headquarters in Redmond, Washington, January 18, 2023. Matt Mills Mcknight | Reuters Check out the companies making the biggest moves midday: Zillow Group…
Bank of America downgrades logistics stock XPO, cites worsening outlook for smaller freight loads
It’s time to be cautious on XPO , Bank of America says. Analyst Ken Hoexter downgraded shares of XPO to neutral from buy, and lowered his price target, saying the…
FedEx, International Paper, Uber and more
Check out the companies making headlines before the bell: FedEx (FDX) – FedEx tumbled 20.3% in premarket trading after issuing a profit warning due to declining package delivery volumes around…