Take a look at the stocks making headlines in midday trading.
to $1,200 from $650. The firm noted that Tesla is "the only legacy-free OEM engaged in a +ve EV sum game," and said that there's "logic in the exuberance." Shares of the automaker have more than doubled this year.— Shares of the bankrupt car rental company slipped 6% after Hertz's announcement Wednesday that it suspended the planned sale of up to $500 million worth of stock.
The bank said in a note that Church & Dwight is "built to withstand a recession" and is in a strong position to make acquisitions. The firm also hiked its target price to $85 per share from $75.— FedEx shares climbed more than 1% after a Citi analyst hiked his price target on the package-delivery company to $160 per share from $140.
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