Thinking About Buying Stock In Adidas, Peloton, Boeing, Carnival Or Alibaba?

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One of the most common questions traders have about stocks is “Why Is It Moving?”

Here’s the latest news and updates for recent movers Adidas, Peloton, Boeing, Carnival and Alibaba.

Adidas ADR ADDYY announced this week a new partnership with fitness company Peloton Interactive Inc PTON to create an exclusive apparel line.

Adidas said that its partnership with Peloton will begin with the "adidas x Peloton SS21" collection, a line of performance wear and lifestyle pieces. The collection was made in collaboration with Peloton’s cycling instructors Ally Love, Robin Arzón and Cody Rigsby.

Susquehanna analyst Charles Minervino maintained Boeing Co BA  with a Positive rating and raised the price target from $250 to $300.

UBS analyst Robin Farley upgraded Carnival Corp CCL from Neutral to Buy and raised the price target from $20 to $42. Farley also maintained Royal Caribbean Cruises Ltd RCL with a Buy and raised the price target from $79 to $116.

Truist Securities analyst Youssef Squali maintained Alibaba Group Holding Ltd - ADR BABA with a Buy and raised the price target from $326 to $330.

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is ...

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