Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg data.
Speaker 1: Take a look at some of the stocks on the
Speaker 1: move today.
Speaker 2: We can do that with Christine Aquino.
Speaker 1: Christine, what are you looking at today? All right, Paul,
Speaker 1: let's take a look at Micron this morning. Very much
Speaker 1: green today and keeping with the rest of the market,
Speaker 1: so ticker MU. Those shares are now extending their opening
Speaker 1: gains up more than three percent at the moment. We
Speaker 1: have a pair of more optimistic analysts assessments here for
Speaker 1: the stock. So first Key Mack analyst John then reiterating
Speaker 1: his over rating on the stock and six hundred dollars
Speaker 1: price Siger that, by the way, is a sixty four
Speaker 1: percent gain from Friday's close, so very very positive on
Speaker 1: the stock there. And then we also have Miso Ho's
Speaker 1: VJ raqsh saying that investors should take advantage of the
Speaker 1: weakness in shares of memory and storage stocks, which Micron
Speaker 1: is one of them, and also affirmed his outperform rating
Speaker 1: on the stock. So that's enjoying a little bit of
Speaker 1: a lift there at the moment, All right, good stuff.
Speaker 1: Second on your list, Let's take a look at Dow.
Speaker 1: So this is Dow chemical ticker Dow. More analyst action here,
Speaker 1: but to the downside unfortunately, and so those shares now
Speaker 1: extending their losses there. Down about a two point six
Speaker 1: percent at the moment, and that's because we have Bank
Speaker 1: of America downgrading the stock and they're saying that detailments
Speaker 1: from the war are unsustainable. So according to Bank of America,
Speaker 1: there's about a ten cent per pound premium in chemical
Speaker 1: prices for twenty twenty seven, but that's not necessarily going
Speaker 1: to be good for demand, and they are seeing upside
Speaker 1: peeking in the second quarter of this year, So not
Speaker 1: a very optimistic pronouncement for the future of the stock.
Speaker 1: One more force, let's take a look at Carvana. So
Speaker 1: CVNA is a ticker there that's also not having a
Speaker 1: not so much of a good day. It's down about
Speaker 1: one percent at the moment. Bank of America coming in
Speaker 1: with more email's actions here once again they did downgrade
Speaker 1: a stock to neutral from buy previously. And ana's Michael
Speaker 1: McGovern saying that the recent oil shock potentially pressures an
Speaker 1: already stretched lower end middle income consumer. Granted, their price
Speaker 1: is still set a three hundred and sixty dollars, which
Speaker 1: still is about a fifteen percent increase from the last close. Interestingly,
Speaker 1: Carvana currently has seventeen buys, seven holds, and two sell ratings,
Speaker 1: and so potentially more room for other italysts to downgrade
Speaker 1: at stock.
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