Stock Highlights: Howmet and Paypal Soar Ahead of Q2 Earnings

1. Howmet Aerospace (NYSE: HWM)
Howmet Aerospace surged by 13.22%. Howmet Aerospace will report its Q2 financial results on July 30, 2024. Benchmark maintains a Buy rating with an $85 price target. BTIG initiates coverage with a Buy rating and a $95 price target. Northcoast Research downgrades to Sell with a $70 price target.

2. Paypal Holdings (Nasdaq: PYPL)
Paypal Holdings surged by 8.59%. Paypal Holdings will report its second-quarter financial results for fiscal 2024 on July 30 before market open. Monness, Crespi, Hardt maintains Buy with a price target of $95.00. William Blair downgrades to Market Perform. Keefe, Bruyette & Woods maintains Outperform at $78.00. Susquehanna upgrades to Positive at $71.00.

3. Gartner (NYSE: IT)
Gartner gained solidly by 5.86%. Gartner reported its second-quarter fiscal 2024 results, announced insider trading transactions, and Morgan Stanley maintained an Equal-Weight rating with a new price target of $470. The company also held its annual general meeting of shareholders on June 6, 2024.

4. Centene (NYSE: CNC)
Centene gained solidly by 4.94%. Centene's fiscal 2024 second-quarter revenue was $802.43 billion, with a net profit of $23.04 billion. Oppenheimer maintains an Outperform rating with a $95 target, TD Cowen maintains a Buy with an $80 target, and Jefferies downgraded to Hold with a $69 target.

5. Phillips 66 (NYSE: PSX)
Phillips 66 gained solidly by 4.75%. Phillips 66 reports global gasoline demand growth of 1% and a 1% decline in the U.S.; global diesel demand fell 1%-1.5%. Reminder: Phillips 66 to report Q2 financial results on July 30, 2024. Barclays and JP Morgan maintain ratings with updated price targets of $136.00 and $162.00, respectively.