×
Monday, June 23, 2025

What Cramer is watching Tuesday — Q3 stumble, crypto gutted, Tesla trepidation - CNBC

What I am looking at July 5, 2022 Another down day from another down quarter? Dollar way too strong. The Federal Reserve winning everywhere? Stocks fall on Day 2 of the third quarter on Wall Street. Market was closed Monday for July 4th holiday. HP Inc. (HPQ) downgraded to hold from buy (in line from outperform) at Evercore. Tesla (TSLA) price target trimmed to $385 per share from $395 at JPMorgan, which has hated it for ages. Missed production because of China. Wedbush says Tesla could deliver a bad number. Wedbush slashes Carvana (CVNA) price target to $50 per share from $90. Stock down 90% year to date, already trading in low $20s. UBS says Kohl’s (KSS) ending review process is a significant negative. Baird price target goes to $42 per share from $53, but says attractive after 20% selloff. Citi goes to buy from neutral with AB InBev (BUD), says there is, at last, an investible case. If you believe that, buy Corona beer maker Constellation Brands (STZ), a Club name. Barclays takes...



Read Full Story: https://www.cnbc.com/2022/07/05/what-cramer-is-watching-tuesday-q3-stumble-cr...

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.