Investor Sentiment Declines Further After Nasdaq Drops Over 1%
Portfolio Pulse from Lisa Levin
Investor sentiment declines as Nasdaq drops over 1% on Monday, with technology companies' shares being sold. Tesla shares dropped 6% after Goldman Sachs downgraded the stock but raised its price target. Investors await earnings results from Walgreens Boots Alliance, TD SYNNEX Corporation, and Jefferies Financial Group.
June 27, 2023 | 7:19 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Investors are awaiting earnings results from Jefferies Financial Group, which may impact the stock price in the short term.
Earnings results can have a significant impact on a company's stock price. However, without knowing the results, it is difficult to predict the direction of the impact on Jefferies Financial Group's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from TD SYNNEX Corporation, which may impact the stock price in the short term.
Earnings results can have a significant impact on a company's stock price. However, without knowing the results, it is difficult to predict the direction of the impact on TD SYNNEX Corporation's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Walgreens Boots Alliance, which may impact the stock price in the short term.
Earnings results can have a significant impact on a company's stock price. However, without knowing the results, it is difficult to predict the direction of the impact on Walgreens Boots Alliance's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Tesla shares dropped 6% after Goldman Sachs downgraded the stock from Buy to Neutral but raised its price target from $185 to $248.
The downgrade by Goldman Sachs is a significant factor affecting Tesla's stock price in the short term. The raised price target may provide some support, but the downgrade is likely to have a more substantial negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100