What Cramer's Watching Monday - Target Price Cuts & Cuts, Some Bright Spots

What Cramer’s Watching Monday – Target Price Cuts & Cuts, Some Bright Spots

Mark Zuckerberg, CEO of Meta Platforms, appeared on CNBC’s “Mad Money” with Jim Cramer on June 22, 2022.


What to look forward to on July 11, 2022

Jumpball on Twitter: Elon Musk ends the deal. Twitter (TWTR) says it will sue. The stock is down 5% in the primary market. Baird cut price target to $33 per share from $45.

Meta Platforms (META), a club holding company, lowered its sell-to-hold rating (poor performance from suspension) in Needham. Very radical given how Reels took off. Metaverse obsessed with Zuckerberg?

The club that holds Nvidia (NVDA) hasn’t finished relegation yet. Not until all targeted price cuts are over. On Monday, Piper Sandler will move to $235 per share from $250. Russia, China, and Ether, all of this plays with its weight on the numbers. Watch the Investment Club’s “Monthly Meeting” at 12 noon ET to learn more.

No end to Boston Beer (SAM) target price cut. This time, Credit Suisse will go to $400 per share from $620. Miss and interrupt incoming routing. We prefer trust owned Constellation Brands (STZ), which is now higher in terms of earnings reported.

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