Here are some of the tickers on my radar for Friday, Sept. 22, taken directly from my reporter's notebook:
- Limited advertisements coming to Prime Video unless you pay more. CNBC Investing Club name Amazon (AMZN) will offer ad-free option for an additional $2.99 per month for Prime members in the U.S.
- Oracle (ORCL) CloudWorld recap from Jefferies: Still best idea. Remains confident in the Club name's target estimates for fiscal year 2026.
- Olive Garden and LongHorn Steakhouse company Darden Restaurants (DRI) gets $1-per-share price target boost to $185 at City. But many others cut their PTs.
- Baird cuts Dow stock Nike (NKE) price target to $125 per share from $130. The analysts see earnings per share (EPS) below consensus. The sports footwear and apparel giant reports its quarter this coming Thursday.
- Exxon Mobil (XOM) price target raised to $130 per share from $127 at Wells Fargo, which keeps overweight (buy) rating.
- FedEx (FDX) price target increased to $275 per share from $255 at Loop Capital, which keeps hold rating.
- Citi raises Dell (DELL) price target to $80 per share from $70. Keeps buy rating.
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- Charles River Laboratories International (CRL) price targets lowered at Charles River pts lowered. Bank of America, Wells Fargo and Guggenheim
- Raymond James likes Ralph Lauren (RL). Starts with an outperform (buy) rating and $135-per-share price target. Direct-to-consumer growth good. Growing the core. Strong balance sheet.
- Susquehanna starts coverage on semiconductor designer and recent IPO Arm Holdings (ARM) with a neutral (hold) rating and a $48-per-share price target. That would be $3 under the offer price. Pushing royalty rates to the limit.
- BTIG starts recent IPO Instacart (CART) with a neutral (hold) rating and no price target. The grocery delivery service faces a challenging relative top-line. Competition rising for from food delivery companies DoorDash (DASH) and Uber (UBER).
- Kiss of Death: JPMorgan upgraded global energy stocks overweight (buy). Sector call here. SUPERCYCLE ALERT (remember I hate supercycle calls): Dear generalists, put your seatbelts on. While we believe the sector is in a structural up-cycle and oil should normalize higher we expect prices – and by extension, energy equities to trade in a wider range, discounting an effective weighted average cost of capital. Upside risk to oil is $150 per barrel over the near to medium term. Higher for longer energy prices.
- Deutsche Bank cuts price target on T-Mobile (TMUS) to $180 per share from $185. Keeps buy rating. The analysts update their models ahead of the company's quarterly report next month.
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Here's a full list of the stocks in Jim's Charitable Trust, the portfolio used by the CNBC Investing Club.
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