Friday's big stock stories: What’s likely to move the market in the next trading session

CNBC Top News ·

Friday's big stock stories: What’s likely to move the market in the next trading session

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Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as the Nasdaq Composite fell for a fourth straight day, and what's on the radar for the next session. SpaceX Friday marks two weeks since SpaceX debuted. The IPO was priced at $135 a share. Shares ended Thursday's session at $153. At their highest level so far, shares hit $225.64 on June 16. Thus far, nine analysts cover the stock according to FactSet. Five rate it a buy, while two say it's a hold. Two others rate it underweight or sell. Morningstar has a $62 price target. Among the analysts covering the stock, the consensus price target is $242.57. CNBC TV's Seema Mody will run through the numbers on Friday. " Morning Call " will have a lot more on SpaceX and the rest of the space with CNBC TV's Morgan Brennan, who's been covering it all from the very beginning. SPCX 5D mountain SpaceX shares in the past five trading days CVS CNBC contributor and " Halftime Report " trader Josh Brown loves CVS . Thursday on "Halftime," he called it "the best stock in the market." The stock is up 45% in three months and it hit a new high on Thursday. The analysts are on his side: 25 have an overweight or buy rating, five deem it a hold, according to FactSet. The average price target is $104.25. Shares ended the session at $104.66. …

Original source: CNBC Top News

Mentioned

Microsoft · Healthcare · Morningstar · Meta · Morgan Brennan