Hourly Market Review - Feb 29, 2024 14 PM

Generated by AI AgentMarket Brief
Thursday, Feb 29, 2024 2:00 pm ET1min read

The Dow Jones Industrial Average experienced a slight decline on Thursday, the last trading day of February, dropping by 16 points or 0.04%. However, the S&P 500 and Nasdaq Composite saw gains of 0.3% and 0.6%, respectively. Despite some recent declines, February ended as another positive month for Wall Street, with the Nasdaq leading with a 5.2% gain, followed by the S&P 500 with a 4.6% increase, and the Dow with a 1.8% rise. This marks the Dow's first four-month winning streak since May 2021.

Movers of the hour:

Societal CDMO is up 130.43% at $1.06.  

Vertex is up 33.17% at $33.83.  

GSI Technology is up 31.22% at $4.76.  

Codexis is up 28.09% at $4.77.  

iHeartMedia is up 27.75% at $2.88.  

Here are the top stocks upgraded by Wall Street analyst:

Berkshire Hathaway A has received a rating of Strong Buy from UBS with target price increased to $715000 from $655000.

Berkshire Hathaway B has received a rating of Strong Buy from UBS with target price increased to $477 from $435.

Broadcom has received a rating of Strong Buy from Susquehanna with target price increased to $1550 from $1400.

Lowes Companies has received a rating of Neutral from Wedbush with target price increased to $250 from $215.

American Tower has received a rating of Buy from BMO Capital with target price dropped to $228 from $235.

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