Markets opened mixed today following last week’s declines. Shawn Cruz weighs in on some of the pressures like geopolitics and inflation that the markets are facing. Next, Ford Motor Co. (F) and General Motors (GM) recently had their price targets cut at Jefferies. The analyst states that the difficult macroeconomic environment could dampen excitement around legacy U.S. automakers. Also, Piper Sandler boosted solar stock price targets. These include Enphase Energy (ENPH), Sunrun (RUN), SolarEdge (SEDG), and SunPower (SPWR). Finally, Cruz discusses Morgan Stanley downgrading Occidental Petroleum (OXY) stock to equal weight from overweight. Tune in for the full discussion.
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