Deutsche Bank analyst Scott Deuschle initiates coverage on Lockheed Martin (NYSE:LMT) with a Hold rating and announces Price Target of $435.
Deutsche Bank announces Lockheed Martin (NYSE:LMT) Price Target of $435 Read Post »
Barclays analyst Brandon Oglenski maintains United Parcel Service (NYSE:UPS) with a Equal-Weight and lowers the price target from $180 to $175.
Barclays lowers United Parcel Service (NYSE:UPS) price target from $180 to $175 Read Post »
Accenture (NYSE:ACN) Raises Quarterly Dividend to $1.29 From $1.12.
Accenture (NYSE:ACN) Raises Quarterly Dividend to $1.29 From $1.12 Read Post »
Accenture Sees FY24 Revenue Growth of 2%-5% in Local Currency.
Accenture Sees FY24 Revenue Growth of 2%-5% in Local Currency Read Post »
Accenture Q4 New Bookings At $16.6B, Down 10% Y/Y USD & Local Currency.
Accenture Q4 New Bookings At $16.6B, Down 10% Y/Y USD & Local Currency Read Post »
Accenture Expects to Return at Least $7.7B to Holders Through Dividends, Buybacks in FY24.
Accenture Approved An Additional Share Repurchase Of $4.0B, Bringing Total Outstanding Authority To About $6.5B.
Accenture Approved An Additional Share Repurchase Of $4.0B Read Post »
Accenture (NYSE:ACN) posted fiscal Q4 adjusted earnings Thursday of $2.71 per diluted share, up from $2.60 a year earlier. Analysts polled by Capital IQ expected normalized EPS of $2.63. Revenue for the quarter ended Aug. 31 was $15.99 billion, up from $15.42 billion a year earlier. Analysts polled by Capital IQ expected $16.07 billion. The consulting company said it expects fiscal Q1 revenue of $15.85 billion to $16.45 billion. Analysts surveyed by Capital IQ are looking for $16.35 billion. The company also said it expects fiscal 2024 adjusted earnings of $11.97 to $12.32 per share. Analysts polled by Capital IQ are expecting $12.37. Revenue for the current fiscal year is projected to grow 2% to 5% in local currency, the company said. Additionally, Accenture said its board has authorized an additional $4 billion in share buybacks, bringing the company’s outstanding authority to about $6.5 billion. The company also said it
Barclays analyst Brandon Oglenski maintains CSX (NASDAQ:CSX) with a Overweight and raises the price target from $38 to $40.
Barclays raises CSX (NASDAQ:CSX) price target from $38 to $40 Read Post »
Citigroup analyst Christian Wetherbee maintains FedEx (NYSE:FDX) with a Buy and raises the price target from $295 to $300.
Citigroup raises FedEx (NYSE:FDX) price target from $295 to $300 Read Post »
Jefferies analyst Stephanie Moore maintains FedEx (NYSE:FDX) with a Hold and raises the price target from $245 to $265.
Jefferies raises FedEx (NYSE:FDX) price target from $245 to $265 Read Post »
FedEx’s (NYSE:FDX) latest quarterly results and outlook delivered mixed messages, but overall the parcel delivery giant has had a “good start” to its new fiscal year, Morgan Stanley said Thursday. Late Wednesday, the company posted fiscal first-quarter earnings that topped Wall Street’s estimates, while revenue fell more than expected. Morgan Stanley raised its price target on the FedEx stock to $205 from $200 and maintained its equal-weight rating, saying it’s one of the “best performing” stocks in the firm’s coverage. The company’s results had something for both the bulls and the bears, the firm said. “Bulls will like the magnitude of the beat despite an in-line revenue, which shows good execution on the DRIVE cost story,” the brokerage wrote. “Bears will point out that despite unusual gains from competitors in the quarter, revenue was unable to beat, Express continues to languish and Freight did not deliver the kind of uplift