As I watch today, nothing much is happening yet, but the same cannot be said about the predictions and rating changes, which are literally tearing the bag today.
Let's take a look at the most interesting ones 👇
Apple
AAPL1. AT&T $T+0.1% stock is down 1.2% in premarket trading after Citi downgraded its stance to "neutral" from "buy" citing potential risks.
2. Wells Fargo reiterated an Equal Weight rating on Tesla $TSLA+0.5% and raised its 12-month price target on the stock to $256.00 (from $170.00).
3. Twilio $TWLO+1.4% shares fell 1.9% in pre-market trading Monday after Piper Sandler downgraded the stock, saying sales will be "choppy" and growth limited.
4. PepsiCo $PEP-0.3% shares fell 1.2% after Morgan Stanley downgraded the soft drink company to neutral from buy.
5. Analysts at Morgan Stanley raised their price target on Apple $AAPL+0.4% by $30 to $220 per share, believing that India can become a new engine of growth.
What are your thoughts on these predictions? 🤨
We'll see how far $AAPL+0.4% stock goes. But I'm holding $AAPL+0.4% stock for now and I have no plans to sell.
$AAPL+0.4% I'm just at a crossroads on whether to take out my +102% gain so far and wait, or hold a while longer... and it looks like I might be able to hold on a little longer and wait for the India thing:)
Those analysts are pretty good at screwing with that. $PEP-0.3% neutral seems appropriate to me.
I agree with City here, $T+0.1% is still not a purchase, so hold. As for Apple, I'm pretty curious to see how they do in India.