My top 10 things to watch Thursday, April 4 The Dow bounces back Wednesday after a three-session losing streak. As of Wednesday’s close, the 30-stock average is on pace for its worst weekly loss since October. Is activist investor Nelson Peltz done with Club name Disney ? Does it matter to the stock? Disney shares have enjoyed a bump since Peltz called out the board and fought for seats, which he didn’t get. The stock is flat Wednesday, one day after falling more than 3%. Ford delays production of a new all-electric three-row SUV. Continues shift to hybrids across entire North American lineup by 2030. A new development in an ongoing pivot, which we commented on Wednesday as a bullish sign for the embattled Club stock. Alphabet ‘s Google is thinking about charging for expanded version of AI-enhanced search, according to the Financial Times. Another Google story that is “big hat, no cattle” like the rumored Apple AI deal. Both are Club stocks. Apple ‘s App Store revenue up 13% in March, according to UBS. That’s two percentage points better than February. But hard compares coming. JPMorgan says Club name Coterra Energy is very undervalued and bumps up price target by $1 per share to $30. Coterra has been a top performer in the portfolio over the past month on an oil rally that can’t be ignored . Wells Fargo raises Exxon Mobil price target to $138 per share from $126. Even as the oil major sees a $1 billion profit hit. The analysts hike Chevron price target to $198 per share from $185. These are flying. Mizuho starts Club name Wynn Resorts with a buy rating and a $131-per-share price target. The analysts see a “compelling valuation” story here. Levi Strauss delivers a better quarter and a guidance raise. The stock jumps more than 12%. Time for denim. Not a short. Ulta ‘s problems, which crushed the beauty stock Tuesday, are really problems involving stiff competition from Sephora, which is owned by deep-pocketed, luxury giant LVMH. Sephora can afford the cost of…
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