Airbnb (NASDAQ:ABNB) Stock Analyst Ratings

/ / Consumer Discretionary /

Airbnb (NASDAQ:ABNB) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/30/2024 -0.1% Wedbush $135 → $150 Maintains Neutral 01/29/2024 -26.74% Barclays $100 → $110 Maintains Underweight 01/22/2024 -0.1% Needham → $150 Reiterates Buy → Buy 01/17/2024 -0.1% Mizuho $130 → $150 Maintains Neutral 01/09/2024 -10.76% BMO Capital → $134 Initiates Coverage On → Market Perform 12/12/2023 -33.4% Barclays $135 → $100 Downgrades Equal-Weight → Underweight 12/08/2023 — DBS Bank Downgrades Buy → Hold 11/29/2023 -6.76% Jefferies $155 → $140 Downgrades Buy → Hold 11/17/2023 -9.42% Evercore ISI Group → $136 Downgrades Outperform → In-Line 11/03/2023 6.56% Susquehanna $165 → $160 Maintains Positive 11/02/2023 -21.41% JP Morgan $130 → $118 Maintains Neutral 11/02/2023 -18.08% Piper Sandler $142 → $123 Maintains Neutral 11/02/2023 -30.07% Morgan Stanley $110 → $105 Maintains Underweight 11/02/2023 -10.09% Wedbush $145 → $135 Maintains Neutral 11/02/2023 -0.1% Needham $160 → […]

Airbnb (NASDAQ:ABNB) Stock Analyst Ratings Read Post »

CFRA Keeps Hold Opinion On Shares Of UPS

/ / Industrials /

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target price of $154, raised by $4, reflects a 14.5x multiple on our 2025 EPS estimate, a discount to UPS’s historical forward average, which we see merited by risk of extended headwinds on volume growth. We cut our 2024 EPS estimate by $1.09 to $9.32 and start 2025’s at $10.60. Q4 EPS of $2.47 vs. $3.62, beat the consensus view by $0.01. UPS is cutting 12,000 jobs (about 2% of the workforce) as volumes remain sluggish, a carry-over of Q3 weakness. Average daily volume was down 7.5% in Q4, consistent with the September exit rate (down 7.4%). However, December volumes were only down mid-single digits, which suggests stronger potential for better comps to arrive at some point in 2024, probably in the second half of

CFRA Keeps Hold Opinion On Shares Of UPS Read Post »

Nucor Says It Considered Buying Parts of US Steel

/ / Basic Materials /

Nucor acknowledges it was interested in acquiring some of United States Steel’s assets, but dropped out of the bidding near the end over concerns about the price. “Nucor took a hard look at some of the assets within the U.S. Steel portfolio,” CEO Leon Topalian says during a conference call. “But at the end of the day, we’re not going to overpay for any assets.” A deal proxy filed by U.S. Steel last week describes an unidentified company that analysts widely believe was Nucor as being interested in U.S. Steel’s Big River mill in Arkansas; its iron ore operation in Minnesota; and a steel rolling mill in California. Nucor up 5.2% at $185.77.

Nucor Says It Considered Buying Parts of US Steel Read Post »

McDonald’s Remains Poised for Market-Share Gains Even Amid Sales Concerns, UBS Says

/ / Consumer Discretionary /

McDonald’s (MCD) remains poised for market-share gains in key international markets even amid investor concern over slowing same-store sales, UBS Securities said Tuesday in a report. UBS estimates 4% Q4 same-store sales growth in the US and said investor signals indicate expectations of “in line to modestly below” the 4.5% consensus view. The investment firm said negative investor sentiment emerged on the company’s 2024 operating margin guidance and elevated valuation compared with certain peers. McDonald’s is set to release its Q4 results on Feb. 5. UBS said investor focus will be on sales trends and customer spending patterns, the company’s international development licensed markets segment and additional commentary on its 2024 operating margin guidance of mid to high 40s%. While the company is expected to face “difficult comparisons and less pricing” in 2024, UBS said McDonald’s is still poised for long-term gains beyond 2024 given its sales leverage and cost

McDonald’s Remains Poised for Market-Share Gains Even Amid Sales Concerns, UBS Says Read Post »

United Parcel Service(UPS.US) Q4 2023 Earnings Conference

/ / Industrials /

The following is a summary of the United Parcel Service, Inc. (UPS) Q4 2023 Earnings Call Transcript: Financial Performance: UPS reported Q4 2023 revenue of $24.9 billion, a 7.8% decrease from the previous year and an operating profit of $2.8 billion, down by 27.1%. The company saw a 9.3% decrease in consolidated revenue for 2023 at $91 billion. Operating profit for the year totaled $9.9 billion, 28.7% lower than last year. Despite the fall in revenue, UPS generated $5.3 billion in free cash flow in 2023, returned $7.6 billion to shareholders through dividends and share repurchases. UPS expects 2024 consolidated revenue to range from $92 billion to $94.5 billion, and a consolidated operating margin between 10% to 10.6%. UPS Board approved a quarterly dividend increase, from $1.62 per share to $1.63 per share. It anticipates 1-2% fall in revenue growth in the first half of 2024 but expects an increase

United Parcel Service(UPS.US) Q4 2023 Earnings Conference Read Post »

JPMorgan Chase & Co. (NYSE: JPM) Stock Analyst Ratings

/ / Financials /

JPMorgan Chase & Co. (NYSE: JPM) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/30/2024 35.27% Oppenheimer $232 → $238 Maintains Outperform 01/30/2024 25.61% Morgan Stanley $191 → $221 Maintains Overweight 01/16/2024 31.86% Oppenheimer $234 → $232 Maintains Outperform 01/16/2024 13.68% Piper Sandler $190 → $200 Maintains Overweight 01/16/2024 10.26% BMO Capital $192 → $194 Maintains Market Perform 01/09/2024 7.99% Deutsche Bank $140 → $190 Upgrades Hold → Buy 01/04/2024 6.85% B of A Securities $177 → $188 Maintains Buy 01/02/2024 20.5% Barclays $186 → $212 Maintains Overweight 12/18/2023 — Daiwa Capital Upgrades Outperform → Buy 11/16/2023 38.12% Oppenheimer $233 → $243 Maintains Outperform 10/16/2023 -3.38% Piper Sandler $168 → $170 Maintains Overweight 10/16/2023 -2.81% BMO Capital $167 → $171 Maintains Market Perform 10/16/2023 32.43% Oppenheimer $215 → $233 Maintains Outperform 10/16/2023 8.56% Morgan Stanley $187 → $191 Maintains Overweight 10/03/2023 6.29%

JPMorgan Chase & Co. (NYSE: JPM) Stock Analyst Ratings Read Post »

Morgan Stanley (NYSE:MS) Stock Analyst Ratings

/ / Financials /

Morgan Stanley (NYSE:MS) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/30/2024 24.7% Oppenheimer $106 → $109 Maintains Outperform 01/17/2024 21.27% Oppenheimer $107 → $106 Maintains Outperform 01/17/2024 22.41% BMO Capital $106 → $107 Maintains Outperform 01/17/2024 4.11% Keefe, Bruyette & Woods $102 → $91 Downgrades Outperform → Market Perform 01/17/2024 -0.47% JP Morgan $94 → $87 Downgrades Overweight → Neutral 01/09/2024 8.68% UBS $80 → $95 Maintains Neutral 01/09/2024 7.54% JP Morgan $92 → $94 Maintains Overweight 01/09/2024 9.83% HSBC → $96 Downgrades Buy → Hold 01/04/2024 14.4% B of A Securities $95 → $100 Maintains Buy 01/02/2024 32.71% Barclays $102 → $116 Maintains Overweight 12/21/2023 -2.76% RBC Capital → $85 Reiterates Sector Perform → Sector Perform 12/19/2023 14.4% Goldman Sachs $89 → $100 Maintains Buy 11/28/2023 -8.48% Societe Generale → $80 Downgrades Buy → Hold 11/20/2023 -2.76% Exane BNP Paribas

Morgan Stanley (NYSE:MS) Stock Analyst Ratings Read Post »

Microchip Technology (NASDAQ:MCHP) Stock Analyst Ratings

/ / Technology /

Microchip Technology (NASDAQ:MCHP) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/30/2024 16.8% Rosenblatt → $100 Reiterates Buy → Buy 01/18/2024 22.63% Wolfe Research → $105 Upgrades Peer Perform → Outperform 01/09/2024 8.62% Truist Securities $97 → $93 Maintains Buy 01/09/2024 12.12% Stifel $100 → $96 Maintains Buy 01/04/2024 -6.56% Piper Sandler → $80 Downgrades Overweight → Neutral 11/08/2023 16.8% Citigroup → $100 Upgrades Neutral → Buy 11/03/2023 -6.56% Piper Sandler $100 → $80 Maintains Overweight 11/03/2023 5.12% Susquehanna $95 → $90 Maintains Positive 11/03/2023 5.12% Morgan Stanley $96 → $90 Maintains Overweight 11/03/2023 5.12% Keybanc $95 → $90 Maintains Overweight 11/03/2023 -0.72% Needham $100 → $85 Maintains Buy 10/24/2023 10.96% Susquehanna $100 → $95 Maintains Positive 10/11/2023 12.12% Morgan Stanley $101 → $96 Maintains Overweight 08/07/2023 16.8% Needham → $100 Reiterates Buy → Buy 08/04/2023 17.96% Morgan Stanley $97 → $101

Microchip Technology (NASDAQ:MCHP) Stock Analyst Ratings Read Post »

Advanced Micro Devices (NASDAQ:AMD) Stock Analyst Ratings

/ / Technology /

Advanced Micro Devices (NASDAQ:AMD) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/30/2024 15.77% Rosenblatt → $200 Reiterates Buy → Buy 01/30/2024 12.87% Raymond James $190 → $195 Downgrades Strong Buy → Outperform 01/29/2024 9.98% Cantor Fitzgerald → $190 Reiterates Overweight → Overweight 01/29/2024 11.72% Morgan Stanley $128 → $193 Maintains Overweight 01/29/2024 12.87% B of A Securities $165 → $195 Maintains Buy 01/29/2024 21.56% Susquehanna $170 → $210 Maintains Positive 01/25/2024 27.34% UBS $135 → $220 Maintains Buy 01/24/2024 24.45% New Street Research → $215 Upgrades Neutral → Buy 01/23/2024 9.98% Cantor Fitzgerald → $190 Initiates Coverage On → Overweight 01/22/2024 — Northland Capital Markets Downgrades Outperform → Market Perform 01/19/2024 9.98% Raymond James $140 → $190 Maintains Strong Buy 01/16/2024 15.77% Barclays $120 → $200 Maintains Overweight 01/16/2024 12.87% Keybanc $170 → $195 Maintains Overweight 01/08/2024 8.82% Melius Research →

Advanced Micro Devices (NASDAQ:AMD) Stock Analyst Ratings Read Post »

Comcast Poised For Value Growth – Citi Analyst Is Bullish On Potential Shareholder Returns

/ / Telecommunications /

Citigroup analyst Michael Rollins maintained Comcast Corp (NASDAQ:CMCSA) with a Buy and raised the price target from $51 to $53. The analyst updated his model to reflect Comcast’s fourth-quarter results. Last week, Comcast reported a fourth-quarter FY23 revenue growth of 2.3% year-on-year to $31.25 billion, beating the consensus of $30.51 billion. Adjusted EPS of $0.84 beat the consensus of $0.79. Comcast increased its dividend by 6.9% year-over-year to $1.24 per share on an annualized basis for 2024. It declared a quarterly cash dividend of $0.31 per share. The Board also approved a new share repurchase program of $15 billion. The analyst flagged the prospects for the Comcast asset portfolio to moderately grow revenue and expand margin to support favorable free cash flow generation and elevated returns to shareholders. Financial growth will likely be second-half weighted given the anticipated revenue contributions from the Olympics and elections, Rollins said. Broadband revenue growth will come from

Comcast Poised For Value Growth – Citi Analyst Is Bullish On Potential Shareholder Returns Read Post »

Scroll to Top