Piper Sandler analyst Arvind Ramnani maintains Intuit (NASDAQ:INTU) with a Overweight and raises the price target from $642 to $750.
Piper Sandler raises Intuit (NASDAQ:INTU) price target from $642 to $750 Read Post »
Pfizer (NYSE:PFE) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/23/2024 30.03% Guggenheim → $36 Initiates Coverage On → Buy 01/31/2024 62.54% Cantor Fitzgerald → $45 Reiterates Overweight → Overweight 01/09/2024 62.54% Cantor Fitzgerald → $45 Reiterates Overweight → Overweight 01/04/2024 15.59% TD Cowen → $32 Downgrades Outperform → Market Perform 12/14/2023 30.03% Truist Securities $42 → $36 Maintains Buy 12/14/2023 -2.47% UBS $34 → $27 Maintains Neutral 12/14/2023 1.14% Barclays $34 → $28 Maintains Equal-Weight 12/04/2023 51.71% Truist Securities → $42 Reiterates Buy → Buy 11/20/2023 170.9% Cantor Fitzgerald → $75 Reiterates Overweight → Overweight 11/01/2023 22.81% Barclays $35 → $34 Maintains Equal-Weight 11/01/2023 33.65% Morgan Stanley $39 → $37 Maintains Equal-Weight 10/20/2023 22.81% UBS $36 → $34 Assumes Neutral → Neutral 10/17/2023 51.71% Truist Securities $62 → $42 Maintains Buy 10/17/2023 40.87% Morgan Stanley $40 → $39 Maintains Equal-Weight 10/17/2023
Pfizer (NYSE:PFE) Stock Analyst Ratings Read Post »
Ross Stores (NASDAQ:ROST) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/23/2024 -3.34% UBS $85 → $142 Upgrades Sell → Neutral 12/22/2023 2.11% Wells Fargo $140 → $150 Maintains Overweight 11/17/2023 -6.06% BMO Capital $127 → $138 Maintains Outperform 11/17/2023 -4.7% Wells Fargo $135 → $140 Maintains Overweight 11/17/2023 -6.74% Morgan Stanley $131 → $137 Maintains Overweight 11/17/2023 -8.1% Telsey Advisory Group $130 → $135 Maintains Market Perform 11/13/2023 -11.5% Telsey Advisory Group → $130 Reiterates Market Perform → Market Perform 11/07/2023 -4.7% Evercore ISI Group → $140 Initiates Coverage On → Outperform 11/03/2023 -8.1% Gordon Haskett → $135 Upgrades Accumulate → Buy 08/18/2023 -8.1% Guggenheim $125 → $135 Maintains Buy 08/18/2023 -8.1% Loop Capital $125 → $135 Maintains Buy 08/18/2023 -10.14% TD Cowen $128 → $132 Maintains Outperform 08/18/2023 -10.82% Morgan Stanley $130 → $131 Maintains Overweight 08/18/2023 -42.82% UBS $80
Ross Stores (NASDAQ:ROST) Stock Analyst Ratings Read Post »
UBS analyst Arcuri lowered his target price on Nvidia to $800 from $850 in the wake of the earnings, citing a potential slowing of revenue growth, although he kept a Buy rating on the stock. Arcuri said his new target price was based on a price-to-earnings multiple of 25 times the UBS forecast for Nvidia’s earnings in calendar year 2025. “We were somewhat surprised that total supply… was actually down a touch Q/Q [quarter-on-quarter] and our analysis on the surface begs the conclusion that Nvidia may be approaching some sort of “steady state” in revenue over the coming quarters,” Arcuri wrote in a research note on Thursday. With no additional increases in supply, Arcuri estimated that Nvidia can support revenue of around $27 billion a quarter, compared with $22.1 billion for the quarter ended January.
UBS lowered Nvidia target price to $800 from $850 Read Post »
By Callum Keown Booking Holdings’ ticked all the boxes with its earnings–beating revenue and profit estimates, breaking a number of company records, and initiating a quarterly dividend. Yet the stock plummeted 9% ahead of the open Friday. The travel industry’s stellar 2023 has posed a major problem so far this year — investors are facing up to the prospect of normalizing demand and growth in 2024. Booking also warned of the impact of the conflict in the Middle East, which hit the number of nights booked in the fourth quarter and is expected to do the same in the first three months of the year. The stock has had an impressive run recently, climbing 61% over the past year, and 10% so far in 2024 through Thursday’s close. But all good things come to an end, or at least take a pause. Booking issued guidance for gross bookings and revenue
Trade Desk (NASDAQ:TTD) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/22/2024 18.69% Needham → $100 Reiterates Buy → Buy 02/16/2024 -50.15% Benchmark $32 → $42 Maintains Sell 02/16/2024 0.89% Stephens & Co. → $85 Reiterates Overweight → Overweight 02/16/2024 24.63% RBC Capital $90 → $105 Maintains Outperform 02/16/2024 27% BMO Capital $88 → $107 Maintains Outperform 02/16/2024 18.69% Keybanc $84 → $100 Maintains Overweight 02/16/2024 24.63% Piper Sandler $80 → $105 Maintains Overweight 02/16/2024 18.69% Stifel $80 → $100 Maintains Buy 02/16/2024 24.63% Oppenheimer $85 → $105 Maintains Outperform 02/16/2024 18.69% Truist Securities $80 → $100 Maintains Buy 02/16/2024 30.56% Susquehanna $75 → $110 Maintains Positive 02/12/2024 — Seaport Global Initiates Coverage On → Neutral 01/09/2024 4.45% BMO Capital → $88 Initiates Coverage On → Outperform 01/09/2024 -5.04% Stifel $79 → $80 Maintains Buy 12/18/2023 -1.25% HSBC → $83.2 Initiates Coverage
Trade Desk (NASDAQ:TTD) Stock Analyst Ratings Read Post »
Needham analyst Laura Martin reiterates Trade Desk (NASDAQ:TTD) with a Buy and maintains $100 price target.
Needham maintains Trade Desk (NASDAQ:TTD) $100 price target Read Post »
Procter & Gamble (NYSE:PG) CFO Says Co Expects Continued Market Pressure In Greater China And Softening Underlying Market Trends In Some European Enterprise。
Jefferies analyst John Aiken initiates coverage on Royal Bank of Canada (TSX:RY) with a Hold rating and announces Price Target of C$138.
Jefferies announces Royal Bank of Canada (TSX:RY) Price Target of C$138 Read Post »
Nvidia is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The company on Wednesday reported fiscal fourth-quarter revenue of $22.1 billion, up from $6.05 billion a year before and above analyst expectations of $20.4 billion. Data-center revenue surged more than 400% from a year before to hit $18.4 billion. Net income was $12.3 billion, or $4.93 a share, compared with $1.4 billion, or 57 cents a share, a year ago. Nvidia also forecast around $24 billion of sales for the first fiscal quarter, above analysts’ consensus of $22.2 billion. Shares are up 13% in recent trading. Dow Jones & Co. owns Factiva.
Nvidia Delivers Better-Than-Expected 4Q Results, 1Q Revenue Outlook Read Post »
By Andrew Welsch Morgan Stanley’s wealth unit fell short of its target for pretax profit margin in the fourth quarter, but the goal is still achievable and the company has a plan to hit its target, said Jed Finn, head of wealth management at Morgan Stanley. “We can add significantly more clients and assets without having to add significantly more to the infrastructure,” said Finn, who spoke at the BofA Securities Financial Services Conference on Thursday. Morgan Stanley has finished integrating recent acquisitions, which frees up resources, Finn said. It now has a robust platform for serving a wide range of clients and customer needs. Plus, it has a pipeline of future full-service wealth management clients. “Once the relationships are here, they grow over time,” he said. “It might start in a brokerage account, but it then grows into an advisory relationship. Or maybe it starts with a checking account.
Morgan Stanley’s Path to 30% Margins in Wealth Management — Barrons.com Read Post »
Boeing Appoints Uma Amuluru Human Resources Leader – Michael D’Ambrose announces retirement after four-decade career – Experienced Boeing leader Uma Amuluru to succeed D’Ambrose in leading the company’s global Human Resources organization PR Newswire ARLINGTON, Va., Feb. 22, 2024 ARLINGTON, Va., Feb. 22, 2024 /PRNewswire/ — Boeing [NYSE: BA] today announced Uma Amuluru as the company’s Chief Human Resources Officer and executive vice president, Human Resources, effective April 1. Amuluru succeeds Michael D’Ambrose who announced his plans to retire this July. In her new role, Amuluru will be responsible for Boeing’s talent planning, global talent acquisition, learning and development, compensation and benefits, employee and labor relations, and diversity and inclusion initiatives. She will report to Boeing President and CEO David Calhoun and serve on the company’s Executive Council. “Uma is a superb leader with a strong track record of building terrific teams and strengthening complex organizations. Continuing to invest in
Boeing Appoints Uma Amuluru Human Resources Leader Read Post »