My top 10 things to watch Friday, March 14 1. We’re looking at a higher open today after the S & P 500 closed in correction territory. New tariff threats from President Donald Trump weighed on stocks yesterday. It’s no longer that Trump is not focused on the market. He seems intent on breaking it with mercurial postings when we have an otherwise decent set of circumstances. 2. Elon Musk’s Tesla warned the U.S. Trade Representative in an unsigned letter that it is exposed to retaliatory tariffs. Could that be a turning point in this trade war? Separately, Wells Fargo lowered its price target on the EV maker, citing a “shocking” sales decline in Europe. 3. Stifel upgraded Club name Danaher to a buy from hold and kept its price target at $260 a share. Analysts say shares appear to have found their footing. The stock and the company’s leadership have been disappointing. We’re holding on for now. 4. DocuSign shares are up more than 8% this morning after the software maker’s better-than-expected quarterly results. Wells Fargo kept its underweight rating on the stock, but acknowledged some top-line reacceleration and early progress with its new “Intelligent Agreement Management” platform. 5. Piper Sandler lowered its price target on Accenture to $396 a share from $429, though analysts maintained their overweight buy rating. They question whether the company can deliver upside to its guidance. This has been a dependable stock over time. 6. Baird upgraded American Express to neutral from a sell-equivalent underperform. The stock has been hit hard during the recent sell-off. Analysts say it’s hard to stay negative on such a high-quality franchise. 7. Wells Fargo upped its price target on McKesson to $691 a share from $641 based on modest increases to estimates and a higher multiple. Shares of the health-care middleman have trounced the S & P 500 over the past five years. 8. Citigroup is the latest shop to lower its lower price target on Adobe , which tumbled almost 14% yesterday. Citi, which went to $430 a share from $490, is worried about increasing competition and slowing growth. Is the momentum gone? 9. Canaccord upgraded Peloton to buy from hold with a price target of $10 a share. The stock is jumping almost 8% this morning. It’s been a rough few years for pandemic darling, but analysts say the company is at a “turning point” with the potential for meaningful upside ahead. 10. Wells Fargo lowered its price target on Ulta Beauty to $310 a share from $360 and kept its underweight sell rating on the stock after earnings. Analysts said the direction of same store sales and margins is unclear. Ulta factored “consumer uncertainty” into its guidance. Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free (See here for a full list of the stocks at Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
A Tesla dealership in Alhambra, California on March 11, 2025.
Frederic J. Brown | AFP | Getty Images
My top 10 things to watch Friday, March 14
1. We’re looking at a higher open today after the S&P 500 closed in correction territory. New tariff threats from President Donald Trump weighed on stocks yesterday. It’s no longer that Trump is not focused on the market. He seems intent on breaking it with mercurial postings when we have an otherwise decent set of circumstances.
2. Elon Musk’s Tesla warned the U.S. Trade Representative in an unsigned letter that it is exposed to retaliatory tariffs. Could that be a turning point in this trade war? Separately, Wells Fargo lowered its price target on the EV maker, citing a “shocking” sales decline in Europe.
3. Stifel upgraded Club name Danaher to a buy from hold and kept its price target at $260 a share. Analysts say shares appear to have found their footing. The stock and the company’s leadership have been disappointing. We’re holding on for now.
