Melius Research analyst Conor Cunningham upgrades FedEx (NYSE:FDX) from Hold to Buy and announces $310 price target.
Melius Research announces FedEx (NYSE:FDX) $310 price target Read Post »
By Jon Sindreu Boeing’s 737 MAX model just doesn’t seem able to outfly bad publicity. Even if the latest problem is just with one specific plane, its manufacturers will pay the price of greater scrutiny. Early Monday, futures markets pointed to an 8% fall in Boeing’s share price as investors tried to assess the potential damage inflicted by a door plug that blew out of a jet flown by Alaska Airlines on Friday evening. The Federal Aviation Administration grounded planes Saturday and ordered airlines to conduct inspections. The MAX has become one of the most infamous jet models in the history of commercial aviation. Most of the planes were grounded for nearly two years after 2019 following two deadly crashes. Since the ban on flying them was lifted, a raft of manufacturing glitches have delayed Boeing’s plans to increase production. Just this past December, the company warned about potential loose
The 737 MAX Blows Another Hole in Boeing’s Reputation — Heard on the Street — WSJ Read Post »
Chevron (NYSE:CVX) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/08/2024 23.23% Jefferies → $184 Upgrades Hold → Buy 12/14/2023 23.89% UBS $194 → $185 Maintains Buy 11/14/2023 30.59% Mizuho $215 → $195 Maintains Buy 11/02/2023 21.89% Bernstein $184 → $182 Upgrades Market Perform → Outperform 10/30/2023 33.94% B of A Securities $190 → $200 Upgrades Neutral → Buy 10/30/2023 17.2% Raymond James $200 → $175 Maintains Outperform 10/24/2023 13.18% Truist Securities $175 → $169 Maintains Hold 10/24/2023 20.55% RBC Capital → $180 Reiterates Outperform → Outperform 10/17/2023 34.61% Morgan Stanley $203 → $201 Maintains Equal-Weight 10/17/2023 23.23% Bernstein → $184 Initiates Coverage On → Market Perform 10/04/2023 40.64% UBS $209 → $210 Maintains Buy 10/02/2023 35.95% Morgan Stanley $198 → $203 Maintains Equal-Weight 09/18/2023 43.99% Mizuho $209 → $215 Maintains Buy 08/18/2023 32.6% Morgan Stanley $197 → $198 Maintains Equal-Weight 08/17/2023
Chevron (NYSE:CVX) Stock Analyst Ratings Read Post »
Jefferies analyst Lloyd Byrne upgrades Chevron (NYSE:CVX) from Hold to Buy and announces $184 price target.
Jefferies announces Chevron (NYSE:CVX) $184 price target Read Post »
Shares of Southwest Airlines Co (NYSE:LUV) gained last month after the company reached a tentative agreement with its pilots association. The Dallas-based company is likely to report its full year 2023 earnings at around half of the Street’s expected $3+ per share, while 2024 could prove to be a “transitional year,” according to Bernstein. The Southwest Airlines Analyst: Bernstein’s David Vernon downgraded the rating for Southwest Airlines from Market Perform to Underperform, while raising the price target from $77 to $90. The Southwest Airlines Thesis: The 2024 outlook could be worse than anticipated as the company is facing several headwinds, Vernon said in the downgrade note. The analyst mentioned the challenges as: New pilot contract Secular cost headwinds Fleet constraints “that are adding to network costs” Shifts in demand “that are stressing the companies traditional point to point network model” “These are proving to be difficult to offset with the current lack
Cisco Systems (NASDAQ:CSCO) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/08/2024 9.45% Melius Research → $55 Downgrades Buy → Hold 11/17/2023 -0.5% DZ Bank → $50 Downgrades Buy → Hold 11/16/2023 7.46% Oppenheimer $58 → $54 Maintains Outperform 11/16/2023 7.46% UBS $55 → $54 Maintains Neutral 11/16/2023 -0.5% Piper Sandler $57 → $50 Maintains Neutral 11/16/2023 1.49% Rosenblatt $59 → $51 Maintains Neutral 10/30/2023 — Raymond James Downgrades Outperform → Market Perform 09/22/2023 51.24% Tigress Financial $73 → $76 Maintains Buy 09/13/2023 19.4% B of A Securities $56 → $60 Maintains Neutral 08/21/2023 15.42% Deutsche Bank $54 → $58 Maintains Hold 08/17/2023 25.37% Evercore ISI Group $60 → $63 Maintains Outperform 08/17/2023 5.47% Piper Sandler $51 → $53 Maintains Neutral 08/17/2023 18.41% Jefferies $54 → $59.5 Maintains Buy 08/17/2023 9.45% Citigroup $54 → $55 Maintains Neutral 08/17/2023 11.44% Morgan Stanley $55
Cisco Systems (NASDAQ:CSCO) stock Analyst Ratings Read Post »
Lululemon’s upgrade to its 4Q outlook was perhaps a little modest for investors, with the stock edging 0.6% lower. While the athletic apparel brand has a history of beating its 4Q expectations, William Blair analysts Sharon Zackfia and Dylan Carden say the shares retreated due to “revised fourth-quarter outlook only slightly ahead of consensus and a 30%-plus gain in the stock over the last three months.” However, William Blair maintains its outperform rating thanks to its relatively high earnings visibility “courtesy of a higher-income customer demographic and strong brand momentum (strongest global market share gainer in adult active apparel industry over the past four years) and significant opportunity to grow domestic brand awareness.”
Lululemon’s 4Q Guidance Boost Seen As Positive Despite Share Retreat Read Post »
Southwest Airlines (NYSE:LUV) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/08/2024 -15.37% Bernstein $29 → $24 Downgrades Market Perform → Underperform 01/02/2024 23.41% Evercore ISI Group → $35 Downgrades Outperform → In-Line 12/18/2023 5.78% Citigroup $25 → $30 Maintains Neutral 11/27/2023 19.89% Raymond James $36 → $34 Maintains Outperform 11/13/2023 — Melius Research Downgrades Hold → Sell 11/10/2023 — Exane BNP Paribas Downgrades Neutral → Underperform 10/31/2023 -18.9% Susquehanna $25 → $23 Maintains Neutral 10/31/2023 65.73% Morgan Stanley $50 → $47 Maintains Overweight 10/27/2023 -29.48% TD Cowen $26 → $20 Downgrades Outperform → Market Perform 10/11/2023 -11.85% Susquehanna $30 → $25 Maintains Neutral 10/05/2023 26.94% Raymond James $40 → $36 Maintains Outperform 10/02/2023 — Morgan Stanley Maintains Overweight 09/29/2023 -29.48% Jefferies $25 → $20 Maintains Underperform 09/26/2023 2.26% Bernstein $32 → $29 Maintains Market Perform 09/12/2023 15.48% Citigroup $36 → $32.75
Southwest Airlines (NYSE:LUV) Stock Analyst Ratings Read Post »
Bernstein analyst David Vernon downgrades Southwest Airlines (NYSE:LUV) from Market Perform to Underperform and lowers the price target from $29 to $24.
Bernstein lowers Southwest Airlines (NYSE:LUV) price target from $29 to $24 Read Post »
Keybanc analyst Alex Markgraff upgrades Fiserv (NYSE:FI) from Sector Weight to Overweight and announces $160 price target.
Keybanc announces Fiserv (NYSE:FI) $160 price target Read Post »
Fiserv, Inc. (NYSE: FI) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/08/2024 20.3% Keybanc → $160 Upgrades Sector Weight → Overweight 12/22/2023 31.58% Tigress Financial $160 → $175 Maintains Buy 12/05/2023 14.29% BMO Capital → $152 Initiates Coverage On → Outperform 11/16/2023 12.78% UBS $140 → $150 Maintains Buy 11/16/2023 12.78% Mizuho $140 → $150 Maintains Buy 11/16/2023 8.27% RBC Capital → $144 Reiterates Outperform → Outperform 11/16/2023 12.78% Wedbush → $150 Reiterates Outperform → Outperform 11/16/2023 0% Morgan Stanley $129 → $133 Maintains Equal-Weight 10/25/2023 31.58% Susquehanna $170 → $175 Maintains Positive 10/25/2023 10.53% Raymond James $145 → $147 Maintains Outperform 10/20/2023 5.26% UBS → $140 Assumes Buy → Buy 10/17/2023 -9.77% Truist Securities $130 → $120 Maintains Hold 08/22/2023 9.77% JP Morgan $136 → $146 Maintains Overweight 08/01/2023 8.27% RBC Capital → $144 Reiterates Outperform → Outperform 07/27/2023 -3.01%
Fiserv, Inc. (NYSE: FI) Stock Analyst Ratings Read Post »
Mastercard Inc. (NYSE: MA) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/08/2024 13.25% Keybanc $430 → $475 Maintains Overweight 12/20/2023 — Monness, Crespi, Hardt Initiates Coverage On → Neutral 12/12/2023 14.44% Jefferies $425 → $480 Maintains Buy 12/07/2023 18.02% Tigress Financial $476 → $495 Maintains Strong Buy 12/05/2023 13.25% BMO Capital → $475 Assumes → Outperform 10/31/2023 0.14% Mizuho $435 → $420 Maintains Buy 10/30/2023 12.06% Barclays $479 → $470 Maintains Overweight 10/27/2023 3% RBC Capital $441 → $432 Maintains Outperform 10/27/2023 12.54% BMO Capital $488 → $472 Maintains Outperform 10/27/2023 4.67% Morgan Stanley $443 → $439 Maintains Overweight 10/27/2023 7.77% Raymond James $453 → $452 Maintains Outperform 10/27/2023 2.52% Keybanc $440 → $430 Maintains Overweight 10/18/2023 4.91% Keybanc $435 → $440 Maintains Overweight 10/13/2023 1.09% HSBC → $424 Initiates Coverage On → Hold 10/12/2023 14.21% Barclays $480 → $479 Maintains
Mastercard Inc. (NYSE: MA) Stock Analyst Ratings Read Post »