Apple has a challenge ahead as investors remain downbeat about the iPhone-maker’s upcoming launch, according to JPMorgan. Analyst Samik Chatterjee reiterated his overweight rating on the stock, but lowered his price target by $5 to $230. The firm’s new forecast still suggests nearly 30% upside from Thursday’s close. “We believe share price outperformance in the…

The DocuSign website on a laptop in Dobbs Ferry, New York, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Kroger — The supermarket chain fell 2.8% following a mixed second-quarter report. Kroger reported earnings per share ex-tems of 96 cents, beating the consensus forecast…

Snowflake is an up-and-coming player in the artificial intelligence world that’s here to win, according to D.A. Davidson. Analyst Gil Luria initiated the stock with a buy rating. His $200 price target suggests 25.1% upside from where shares closed Thursday. The cloud data provider has gained nearly 11.4% year to date, but it’s down 9.2%…

Now is the time for investors to invest in First Solar , according to Deutsche Bank. Analyst Corinne Blanchard upgraded the solar panel maker to buy from hold. She also raised her price target to $235 from $220, implying shares stand to gain 30.2% in the next 12 months. “In the context of uncertainty and…

The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Guidewire Software — Shares slipped 2% in extended trading after the insurance software…

The upcoming spate of tech IPOs could help kickstart muted capital markets, Goldman Sachs CEO David Solomon told CNBC’s David Faber. Firms including chip designer Arm and Instacart have filed to go public, and companies that are mulling listings will watch how those IPOs go, Solomon said Thursday during the interview. “Over the course of…

Oil prices reached their highest level in nearly a year earlier this week. For investors looking to play this trend, here are some energy stocks with the greatest long-term upside potential. Energy is the only winning sector in the S & P 500 this month, raking in gains of about 2.6%. The sector has added…

A ChargePoint electric vehicle charging station at Walnut Creek City Hall parking lot, Walnut Creek, California, April 18, 2023. Smith Collection/gado | Archive Photos | Getty Images Check out the companies making headlines in midday trading. WestRock — The stock gained 5% in midday trading on news that the company is nearing a merger with…

The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Dutch payments giant Adyen on Thursday said it won approval for a banking license in the U.K., marking a deeper push from the company into the banking sector. The company said its new license would allow its merchants…

Apple phones on display in an Apple store in Miami, Florida, May 4, 2023. Joe Raedle | Getty Images Check out the companies making headlines in premarket trading Thursday. Apple — Apple shares fell more than 2.6% after Bloomberg News reported China is planning to extend a ban on iPhone use to state-owned corporations. A…