Jim Cramer's top 10 things to watch in the stock market Friday
The S&P 500 and Nasdaq were heading for slightly higher opens this morning after a snapback rally.
TL;DR
- S&P 500 and Nasdaq are heading for higher opens after yesterday's rally.
- Citi resumed coverage of CoreWeave with a buy rating and a $135 price target.
- OpenAI's valuation could reach $830 billion during its current funding round.
- Nike shares dropped 11% after a poor quarter in China and disappointing guidance.
- Wells Fargo favors Walmart over Costco, increasing its price target on Walmart and cutting it on Costco.
- Morgan Stanley raised price targets on Dollar General, Dollar Tree, and Five Below.
- Analysts increased price targets on FedEx after a quarterly beat, anticipating significant upside.
- Truist raised Tesla's price target to $444 and also increased targets for Broadcom and Nvidia, citing AI infrastructure stocks remaining 'cheap'.
- JPMorgan increased Boeing's price target to $245, expecting a positive aerospace and defense sector outlook.