Barclays analyst Tom O’Malley maintains KLA (NASDAQ:KLAC) with a Underweight and raises the price target from $425 to $500.
Barclays raises KLA (NASDAQ:KLAC) price target from $425 to $500 Read Post »
Alphabet’s (GOOG) Google plans to cut hundreds of roles in its advertising sales unit as part of a restructuring process, Business Insider reported Tuesday, citing a memo by Google’s Chief Business Officer Philipp Schindler. Google’s Customer Solutions division, which caters to its medium-level customers, will become the “core” team, Schindler was quoted as saying in the email. “Several hundred jobs globally will be eliminated or put at risk,” the report quoted Schindler as saying. A Google spokesperson told MT Newswires in an emailed statement that the company goes through a team structuring process every year to provide the best service to its ad customers. “We map customers to the right specialist teams and sales channels to meet their service needs,” the spokesperson said. “As part of this, a few hundred roles globally are being eliminated and impacted employees will be able to apply for open roles on the team or
Alphabet’s Google Plans to Lay Off Hundreds of Workers in Advertising Sales Unit Read Post »
Lam Research (NASDAQ:LRCX) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 -1.52% Barclays $600 → $750 Maintains Equal-Weight 12/08/2023 -5.46% Morgan Stanley → $720 Downgrades Overweight → Equal-Weight 11/22/2023 5.04% Redburn Atlantic → $800 Initiates Coverage On → Buy 10/19/2023 -8.09% JP Morgan $720 → $700 Maintains Overweight 10/19/2023 -8.09% B. Riley Securities $690 → $700 Maintains Neutral 10/13/2023 5.04% Needham → $800 Upgrades Hold → Buy 10/05/2023 -4.8% UBS $750 → $725 Maintains Buy 09/15/2023 8.33% Wolfe Research → $825 Initiates Coverage On → Outperform 08/28/2023 -1.52% Stifel $725 → $750 Maintains Buy 07/27/2023 -5.46% Morgan Stanley $550 → $720 Maintains Overweight 07/27/2023 -5.46% JP Morgan $550 → $720 Maintains Overweight 07/27/2023 -14.65% Wells Fargo $620 → $650 Maintains Equal-Weight 07/27/2023 5.04% Citigroup $695 → $800 Maintains Buy 07/27/2023 -21.22% Barclays $575 → $600 Maintains Equal-Weight 07/24/2023 -4.8% Stifel $505
Lam Research (NASDAQ:LRCX) Stock Analyst Ratings Read Post »
Barclays analyst Raimo Lenschow maintains Lam Research (NASDAQ:LRCX) with a Equal-Weight and raises the price target from $600 to $750.
Barclays raises Lam Research (NASDAQ:LRCX) price target from $600 to $750 Read Post »
Marvell Technology (NASDAQ:MRVL) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 14.26% Barclays $70 → $75 Maintains Overweight 01/12/2024 14.26% Citigroup $61 → $75 Maintains Buy 12/05/2023 6.64% Barclays $75 → $70 Maintains Overweight 12/01/2023 6.64% UBS $75 → $70 Maintains Buy 12/01/2023 6.64% Piper Sandler $75 → $70 Maintains Overweight 12/01/2023 14.26% Benchmark → $75 Reiterates Buy → Buy 12/01/2023 -0.98% Susquehanna $70 → $65 Maintains Positive 12/01/2023 -4.02% Morgan Stanley $65 → $63 Maintains Equal-Weight 12/01/2023 -5.55% Raymond James $64 → $62 Maintains Outperform 12/01/2023 -0.98% Needham → $65 Reiterates Buy → Buy 12/01/2023 52.35% Rosenblatt → $100 Reiterates Buy → Buy 12/01/2023 6.64% Keybanc $80 → $70 Maintains Overweight 11/30/2023 52.35% Rosenblatt → $100 Reiterates Buy → Buy 11/14/2023 -8.59% Roth MKM → $60 Initiates Coverage On → Buy 08/25/2023 14.26% B of A Securities $80 → $75
Marvell Technology (NASDAQ:MRVL) stock Analyst Ratings Read Post »
Starbucks (NASDAQ:SBUX) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 — Gordon Haskett Downgrades Buy → Hold 01/16/2024 30.35% Morgan Stanley $112 → $120 Upgrades Equal-Weight → Overweight 12/20/2023 16.23% HSBC → $107 Initiates Coverage On → Hold 11/06/2023 15.14% Wedbush $100 → $106 Maintains Neutral 10/23/2023 26% Barclays $123 → $116 Maintains Overweight 10/19/2023 28.18% Deutsche Bank → $118 Initiates Coverage On → Buy 10/12/2023 8.62% UBS $110 → $100 Maintains Neutral 10/11/2023 10.8% Morgan Stanley $104 → $102 Maintains Equal-Weight 10/05/2023 8.62% Citigroup $104 → $100 Maintains Neutral 09/25/2023 12.97% Citigroup $112 → $104 Maintains Neutral 09/22/2023 16.23% TD Cowen → $107 Reiterates Market Perform → Market Perform 09/20/2023 16.23% TD Cowen → $107 Reiterates Market Perform → Market Perform 09/19/2023 16.23% TD Cowen $117 → $107 Downgrades Outperform → Market Perform 08/02/2023 19.49% Stifel $117 → $110 Maintains
Starbucks (NASDAQ:SBUX) Stock Analyst Ratings Read Post »
Barclays analyst Tom O’Malley maintains Marvell Tech (NASDAQ:MRVL) with a Overweight and raises the price target from $70 to $75.
Barclays raises Marvell Tech (NASDAQ:MRVL) price target from $70 to $75 Read Post »
PepsiCo (NASDAQ:PEP) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 8% Barclays $181 → $179 Maintains Overweight 12/19/2023 6.19% JP Morgan $185 → $176 Downgrades Overweight → Neutral 11/13/2023 22.48% Jefferies → $203 Initiates Coverage On → Buy 10/19/2023 12.83% DZ Bank → $187 Upgrades Hold → Buy 10/12/2023 9.21% Barclays $179 → $181 Maintains Overweight 10/11/2023 11.62% JP Morgan $188 → $185 Maintains Overweight 10/11/2023 8.6% Citigroup $200 → $180 Maintains Neutral 10/11/2023 14.64% Morgan Stanley $210 → $190 Maintains Equal-Weight 10/11/2023 8.6% RBC Capital → $180 Reiterates Sector Perform → Sector Perform 10/10/2023 17.65% Wedbush → $195 Reiterates Outperform → Outperform 10/09/2023 17.65% Wedbush $206 → $195 Maintains Outperform 10/09/2023 2.57% Wells Fargo $196 → $170 Maintains Equal-Weight 10/04/2023 8% Barclays $198 → $179 Maintains Overweight 07/17/2023 26.7% Morgan Stanley → $210 Downgrades Overweight → Equal-Weight 07/14/2023 17.65% Evercore
PepsiCo (NASDAQ:PEP) Stock Analyst Ratings Read Post »
Barclays analyst Lauren Lieberman maintains PepsiCo (NASDAQ:PEP) with a Overweight and lowers the price target from $181 to $179.
Barclays lowers PepsiCo (NASDAQ:PEP) price target from $181 to $179 Read Post »
Procter & Gamble (NYSE:PG) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 6.93% Barclays $164 → $160 Maintains Overweight 11/13/2023 18.3% Jefferies → $177 Initiates Coverage On → Buy 10/20/2023 3.59% DZ Bank → $155 Upgrades Sell → Hold 10/19/2023 8.27% Wells Fargo $160 → $162 Maintains Overweight 10/19/2023 3.59% Stifel $151 → $155 Maintains Hold 10/16/2023 0.92% Stifel $161 → $151 Maintains Hold 10/12/2023 2.92% Barclays $166 → $154 Maintains Overweight 10/12/2023 12.95% JP Morgan $172 → $169 Maintains Overweight 10/12/2023 2.26% Bernstein $162 → $153 Maintains Market Perform 09/22/2023 19.63% HSBC → $179 Initiates Coverage On → Buy 09/08/2023 — William Blair Initiates Coverage On → Market Perform 08/01/2023 16.29% Morgan Stanley $174 → $174 Reiterates Overweight → Overweight 08/01/2023 16.96% B of A Securities $170 → $175 Maintains Buy 08/01/2023 10.94% Barclays $160 → $166 Maintains Overweight 07/31/2023
Procter & Gamble (NYSE:PG) stock Analyst Ratings Read Post »
Qualcomm (NASDAQ: QCOM) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 10.75% Barclays $140 → $155 Maintains Overweight 01/16/2024 17.9% Keybanc $145 → $165 Maintains Overweight 01/12/2024 14.33% Citigroup → $160 Upgrades Neutral → Buy 12/08/2023 -5.68% Morgan Stanley $119 → $132 Downgrades Overweight → Equal-Weight 11/03/2023 0.04% DZ Bank → $140 Upgrades Hold → Buy 11/02/2023 0.04% JP Morgan $135 → $140 Maintains Overweight 11/02/2023 0.04% Susquehanna $130 → $140 Maintains Positive 11/02/2023 -14.97% Morgan Stanley $129 → $119 Maintains Overweight 10/24/2023 -7.11% Susquehanna $140 → $130 Maintains Positive 09/14/2023 3.61% Rosenblatt → $145 Reiterates Buy → Buy 09/14/2023 3.61% Keybanc → $145 Reiterates Overweight → Overweight 09/12/2023 -28.55% Wells Fargo $95 → $100 Maintains Underweight 08/23/2023 0.04% Mizuho → $140 Reiterates Buy → Buy 08/09/2023 -10.68% Daiwa Capital → $125 Downgrades Buy → Outperform 08/03/2023 0.04% Piper Sandler $120
Qualcomm (NASDAQ: QCOM) stock Analyst Ratings Read Post »
Walt Disney Co (NYSE:DIS) is reportedly working with the NFL on a deal that would give the NFL a minority position in ESPN. Needham analyst Laura Martin noted that this deal structure can add enormous value to both enterprises. However, only the final deal terms determine the distribution of value creation. The analyst has a Hold rating on Disney. Martin noted that DIS could no longer compete with Amazon.com Inc (NASDAQ:AMZN) or Apple Inc (NASDAQ:AAPL) for NFL or other sports rights based on cash alone because these are much larger companies than DIS that do not need to make money near-term from their streaming businesses. Giving the NFL (and other leagues) a minority equity position in ESPN allows the leagues to share in equity upside, in addition to cash payments, which saves cash for DIS in the near term and assures ESPN access to the best games the leagues have to offer. Aligned interests benefit DIS shareholders.