DuPont up on CEO departure; Tesla's PT cut; Freeport-McMoRan may exit oil/gas biz

Susannah Lee

Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.

Tesla 

Tesla (TSLA) drifted lower after a downward revision. The stock's price target was cut by $15 at Morgan Stanley to $450 a share. That's still an upside potential of about a 92% from the last closing price. Shares are up nearly 10% this year. The firm thinks Telsa's new Model X SUV will price higher than expected.

DuPont 

DuPont (DD) was by far the blue chips' biggest gainer. Shares spiked on news the company's longtime CEO will retire next week. Dupont gave no reason for Ellen Kullman's departure. However, the chemical maker did lower its full year earnings outlook due to the stronger dollar and increased competition to $2.75 from $3.10 a share.

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Freeport-McMoRan

Freeport-McMoRan (FCX) surged to the upside. The company is considering alternatives for its oil-and-gas business including possibly spinning off a minority interest in the business. Freeport plans to focus on its copper mining business as it fights struggling commodities prices. The company has also reduced its board to 9 members from 16.