Here are the companies Yahoo Finance is watching today.
A price hike for McDonald's (MCD) stock. Stifel is raising its price target to $200 a share, writing that the fast-food giant is seeing continued growth, and the firm’s bullish on the prospects of delivery boosting the bottom line. Earlier this week, UBS raised its price target to $203 a share.
JetBlue (JBLU) is stepping up its stock buyback plans. It's signed on with Goldman Sachs, for a $125 million accelerated share repurchase plan. At current prices, that means about 2% of outstanding shares will be bought under the deal. JetBlue stock is up about 16% over the last 3 months.
Apple (AAPL) CEO Tim Cook stopped by the White House yesterday. He talked trade, immigration and privacy with President Trump, though the outcome of the conversation isn't clear. Cook has been publicly defending Apple as it faces scrutiny over its power in the market.
Fiat Chrysler (FCAU) is teaming up with European utilities Enel and Engie to provide charging stations for its electric vehicles. The carmaker said it would invest about $10 billion dollars in the next five years to bring electric vehicles to the market. This comes after a possible merger with Renault to develop the cars fell apart earlier in the month.
WeWork is looking into a deal to take majority control over its affiliate, WeWork India, as the company prepares to go public. Bloomberg says the shared office space company is in talks to buy about 70% of WeWork India at a valuation of about $2.75 billion. It would be a cash and stock deal valued at $1.9 billion.