- Credit Suisse cut Tesla price target from $1125 to $1000, citing increased competition, poor execution on growth plans, disruptions from Covid-19 restrictions and input cost inflation.. Tesla shares gained 0.4% to $707.87 in pre-market trading.
- Morgan Stanley reinstates equal-weight on Shopify, announces $450 price target. Shopify shares gained 1.1% to $367.75 in pre-market trading.
- Wolfe Research lowered Uber Technologies price target from $30 to $27. Uber Technologies shares gained 0.8% to $22.55 in pre-market trading.
- Stephens & Co. raised FedEx price target from $285 to $295. FedEx shares rose 3.4% to $234.7 in pre-market trading.
- Raymond James cut Wells Fargo price target from $60 to $50. Wells Fargo shares gained 1.2% to $38.35 in pre-market trading.
- Cowen & Co. initiates coverage on Marathon Digital Holdings with market perform rating, announces price target of $7. Marathon Digital Holdings shares rose 1.4% to $7.15 in pre-market trading.
- Piper Sandler raised Duolingo price target from $95 to $119. Duolingo shares rose 0.1% to $99.91 in pre-market trading.
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