B of A Securities analyst Robert Ohmes upgrades Target (NYSE:TGT) from Neutral to Buy and raises the price target from $120 to $135.
B of A Securities raises Target (NYSE:TGT) price target from $120 to $135 Read Post »
Goldman Sachs analyst Jason English maintains Estee Lauder Cos (NYSE:EL) with a Buy and lowers the price target from $216 to $185.
Goldman Sachs lowers Estee Lauder (NYSE:EL) price target from $216 to $185 Read Post »
Nike Exec Said Member Engagement Within DTC Business Up Double Digits Vs Last Year, With Increasing Average Order Values; Saw High Single-digit To Low Double-digit Retail Sales Growth And Strong Inventory Management With Many Key Wholesale Partners.
Nike Exec Said Member Engagement Within DTC Business Up Double Digits Vs Last Year Read Post »
Nike (NKE) reported fiscal Q1 earnings Thursday of $0.94 per diluted share, up from $0.93 per diluted share a year earlier. Analysts polled by Capital IQ expected $0.76. Revenue for the quarter ended Aug. 31 was $12.94 billion, up from $12.69 billion a year earlier. Analysts surveyed by Capital IQ expected $13 billion.
Nike Fiscal Q1 Earnings, Revenue Rise Read Post »
Deutsche Bank analyst Gabriella Carbone maintains Nike (NYSE:NKE) with a Buy and raises the price target from $122 to $125.
Deutsche Bank raises Nike (NYSE:NKE) price target from $122 to $125 Read Post »
Citigroup analyst Jon Tower maintains Domino’s Pizza (NYSE:DPZ) with a Neutral and lowers the price target from $431 to $398.
Citigroup lowers Domino’s Pizza (NYSE:DPZ) price target from $431 to $398 Read Post »
JPMorgan analyst Matthew Korn maintains Nike (NYSE:NKE) with a Overweight and Raises the price target from $136 to $137.
JPMorgan Raises Nike (NYSE:NKE) price target from $136 to $137 Read Post »
Disney’s performance in 4Q appears to be a continuation of recent trends, say analysts at BofA Securities in a research note. Advertising is improving sequentially but not necessarily rebounding, while theme park trends overall remain healthy. The entertainment giant’s short dispute with Charter Communications should have a minimal impact. “FY24 outlook is clearly more positive as it will reflect solid underlying momentum at parks and continued improvement in losses at DTC, ” say the analysts. CEO Bob Iger has made a lot of progress in his first year back, but more is needed in the second year. The analysts believe the near-term strategic priorities include NBA contract renewal, bringing in a strategic partner or partners for ESPN, settling streaming service Hulu’s ownership and any potential asset sales or restructuring.
Disney 4Q Looks to Be Continuation of Recent Trends Read Post »
Tesla (TSLA) is likely to report lower Q3 deliveries than previously expected due to the impact of factory downtime, with more downtime likely to come next year, Wedbush Securities said in a note on Friday. The electric vehicle maker is now anticipated to report Q3 deliveries of 440,000 to 445,000 vehicles, down from the previously expected 460,000 to 465,000 vehicles, the investment firm said. Tesla, however, should still see a strong end to the year after a relatively strong China quarter stemming from rising demand, price cuts, and a Model 3 refresh, the investment firm said. Wedbush Securities reiterated an outperform rating, with a price target of $350.
Jefferies analyst Sheila Kahyaoglu maintains United Airlines Holdings (NASDAQ:UAL) with a Hold and lowers the price target from $65 to $48.
Jefferies lowers United Airlines (NASDAQ:UAL) price target from $65 to $48 Read Post »
Jefferies analyst Sheila Kahyaoglu maintains Southwest Airlines (NYSE:LUV) with a Underperform and lowers the price target from $25 to $20.
Jefferies lowers Southwest Airlines (NYSE:LUV) price target from $25 to $20 Read Post »
Jefferies analyst Sheila Kahyaoglu maintains Delta Air Lines (NYSE:DAL) with a Buy and lowers the price target from $60 to $50.
Jefferies lowers Delta Air Lines (NYSE:DAL) price target from $60 to $50 Read Post »