Morgan Stanley analyst Devin McDermott maintains ConocoPhillips with a Overweight and raises the price target from $123 to $129.
Morgan Stanley analyst Devin McDermott maintains ConocoPhillips with a Overweight Read Post »
United Parcel Service’s (UPS) 2026 revenue outlook of $108 billion to $114 billion and operating margin above 13% is higher than BofA Securities’ forecast of $105 billion and 12%, the firm said in a note Wednesday. The investment firm said it anticipates its outlook to be subject to risk given that United Parcel missed its multi-year targets at its most recent analyst meetings. The company expects mid-single-digit revenue growth and revenue per package growth of 2.5%, BofA Securities added. “This appears to be an aggressive return-to-growth outlook, despite sustained weakness in the small package market,” BofA said. BofA maintained its neutral rating on the company’s stock and cut the price objective to $158 from $164.
United Parcel Service’s (UPS) 2026 Revenue Outlook Above BofA Securities’ Forecast Read Post »
Walt Disney’s (DIS) business model has multiple sources of potential upside that could drive earnings higher over the next several quarters, UBS Securities said in a note e-mailed Wednesday. The firm increased its per-share earnings outlooks for Disney by 3% to 6% from 2024 through 2026, with results likely driven by a better performance from the company’s parks business, with additional help from the direct-to-consumer and content segments, UBS analysts, including John Hodulik, said. UBS raised its price target on Disney stock to $140 from $120, with a buy rating.
Disney Likely Has Several Sources of Potential Earnings Upside, UBS Says Read Post »
Estée Lauder’s latest move amid its profit recovery plan is aimed at gaining consumers by taking control of the U.S. ecommerce giant, following similar steps from competitors such as L’Oréal, Coty and Shiseido. It directly partners with Amazon for the first time by launching a U.S. Amazon Premium Beauty store for Clinique. Other Estée Lauder brands will have their own Amazon stores over the coming months, CEO Fabrizio Freda says. Amazon, which started selling cosmetics in 2004, is leading growth across all retailers in beauty growth, with prestige outpacing mass growth, according to NIQ data from December. Shares rise 2% to $142.15.
Estée Lauder Launches Clinique Amazon Store in Distribution Shift Read Post »
United Parcel Service (UPS) outlined “significant” cost cuts that are expected to support a “multiyear margin improvement story,” UBS Securities said Wednesday in a report. The company provided a framework for productivity drivers and network rationalization at its Tuesday analyst meeting that are expected to result in $3 billion of cost savings through 2028, UBS said. “We believe the pullback in UPS stock provides an attractive opportunity,” the report said. UBS maintained its buy rating on the stock with a $175 price target.
United Parcel Service’s (UPS) Cost Cuts Seen as ‘Significant,’ UBS Says Read Post »
Mizuho analyst Dan Dolev maintains Fiserv with a Buy and maintains $156 price target.
Mizuho analyst Dan Dolev maintains Fiserv with a Buy Read Post »
Walt Disney’s (DIS) business model likely has several sources of potential earnings upside in the coming quarters, led by better results at its parks business, with additional help from the direct-to-consumers and content segments, according to UBS Securities. These sources are expected to drive the media and entertainment giant’s earnings estimates higher over the next several quarters, yielding a 25% three-year compound annual growth rate, UBS analysts John Hodulik, Batya Levi, and Christopher Schoell said in a note Wednesday. The brokerage expects the parks segment’s earnings before interest and taxes to grow by double-digit percentage annually in both the fiscal second quarter and full year amid strong US attendance. The company’s spending plan is likely to drive high-single-digit or better EBIT growth in the business for “several years,” the analysts said. “Despite the tougher comparisons, we expect the experiences segment to remain a high-growth and cash generative business for Disney,”
Walt Disney Likely Has Multiple Avenues of Potential Earnings Upside, UBS Says Read Post »
Mizuho analyst Dan Dolev maintains Mastercard with a Buy and maintains $480 price target.
Mizuho analyst Dan Dolev maintains Mastercard with a Buy Read Post »
Mizuho analyst Dan Dolev maintains Visa with a Neutral and maintains $265 price target.
Mizuho analyst Dan Dolev maintains Visa with a Neutral Read Post »
Wedbush analyst Tom Nikic reiterates an Outperform rating on the shares of Nike Inc (NYSE:NKE) with a price target of $115. While NKE shares have languished recently due to investor frustration over lack of exciting new products, the analyst notes the company got much-needed good news on their annual “Air Max Day” celebration. The analyst points to the new Air Max DN model that debuted in multiple colorways, and completely sold out on Nike.com. This product, according to the analyst, is important because the company has been off its game from a product development perspective in recent years, so it desperately needs a hot new product to drive brand heat. Also, in an increasingly competitive sneaker environment where rivals are innovating with foam-based cushioning, Nike’s specialization with air-based cushioning systems is a key point of differentiation versus peers, notes the analyst. Thus, the analyst sees the successful initial launch as a positive data
Nike’s Successful Air Max DN Launch Gets Off On The Right Foot, Says Analyst Read Post »
UBS analyst John Hodulik maintains Walt Disney with a Buy and raises the price target from $120 to $140.
UBS analyst John Hodulik maintains Walt Disney with a Buy Read Post »
Morgan Stanley analyst Alex Straton maintains Nike with a Overweight and lowers the price target from $124 to $116.
Morgan Stanley analyst Alex Straton maintains Nike with a Overweight Read Post »