‘Nvidia’s AI Processors Will Continue To Be A Key Growth Catalyst For The PC And Server Markets In 2024, According To Sources At Related Component And Peripheral Suppliers’ – DigiTimes Alert
Costco Wholesale Corporation (COST) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/29/2023 12.46% Tigress Financial $635 → $745 Maintains Buy 12/21/2023 11.86% Truist Securities $693 → $741 Maintains Buy 12/20/2023 -6.41% Northcoast Research → $620 Downgrades Buy → Neutral 12/15/2023 5.67% BMO Capital $612 → $700 Maintains Outperform 12/15/2023 -9.42% DA Davidson $570 → $600 Maintains Neutral 12/15/2023 1.9% Stifel $615 → $675 Maintains Buy 12/15/2023 -4.9% Citigroup $585 → $630 Maintains Neutral 12/15/2023 9.45% UBS $640 → $725 Maintains Buy 12/15/2023 1.9% Oppenheimer → $675 Reiterates Outperform → Outperform 12/15/2023 1.14% Raymond James $580 → $670 Maintains Outperform 12/15/2023 4.61% Truist Securities $619 → $693 Maintains Buy 12/15/2023 5.67% Telsey Advisory Group $625 → $700 Maintains Outperform 12/13/2023 1.9% Oppenheimer $630 → $675 Maintains Outperform 12/12/2023 -1.88% Evercore ISI Group $640 → $650 Maintains Outperform 11/30/2023 -7.16% Stifel $595 →
Costco Wholesale Corporation (COST) stock Analyst Ratings Read Post »
Uber Technologies, Inc. (NYSE:UBER) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/29/2023 -1.01% Nomura $59 → $62 Downgrades Buy → Neutral 12/19/2023 11.77% Keybanc $61 → $70 Maintains Overweight 12/04/2023 19.75% Oppenheimer $65 → $75 Maintains Outperform 12/01/2023 -1.01% JMP Securities → $62 Reiterates Market Outperform → Market Outperform 11/30/2023 0.59% Needham → $63 Reiterates Buy → Buy 11/30/2023 14.96% Tigress Financial $66 → $72 Maintains Buy 11/13/2023 -1.01% JMP Securities $57 → $62 Maintains Market Outperform 11/08/2023 -1.01% Morgan Stanley $60 → $62 Maintains Overweight 11/08/2023 -1.01% Roth MKM $61 → $62 Maintains Buy 11/08/2023 -1.01% JP Morgan $56 → $62 Maintains Overweight 11/08/2023 -7.39% Truist Securities $60 → $58 Maintains Buy 11/08/2023 2.19% Wells Fargo $59 → $64 Maintains Overweight 11/08/2023 -2.6% Keybanc $60 → $61 Maintains Overweight 11/03/2023 -4.2% Keybanc → $60 Upgrades Sector Weight → Overweight 10/24/2023
Uber Technologies, Inc. (NYSE:UBER) Stock Analyst Ratings Read Post »
ConocoPhillips (NYSE:COP) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/29/2023 20.17% Raymond James $146 → $140 Maintains Strong Buy 12/14/2023 18.45% UBS $149 → $138 Maintains Buy 12/08/2023 21.03% JP Morgan $153 → $141 Maintains Neutral 11/14/2023 15.88% RBC Capital $130 → $135 Maintains Outperform 10/18/2023 30.47% Susquehanna $153 → $152 Maintains Positive 10/04/2023 27.9% UBS $147 → $149 Maintains Buy 10/02/2023 22.75% Jefferies $141 → $143 Maintains Buy 10/02/2023 7.3% Morgan Stanley $124 → $125 Maintains Overweight 09/18/2023 37.34% Truist Securities $151 → $160 Maintains Buy 09/18/2023 19.31% Mizuho $135 → $139 Maintains Neutral 09/08/2023 — Erste Group Upgrades Hold → Buy 08/28/2023 21.03% Jefferies $143 → $141 Maintains Buy 08/17/2023 26.18% UBS $127 → $147 Maintains Buy 08/16/2023 15.88% Mizuho $127 → $135 Maintains Neutral 08/14/2023 11.59% RBC Capital → $130 Reiterates Outperform → Outperform 08/04/2023 29.61% Truist Securities
ConocoPhillips (NYSE:COP) stock Analyst Ratings Read Post »
Raymond James analyst John Freeman maintains ConocoPhillips (NYSE:COP) with a Strong Buy and lowers the price target from $146 to $140.
Raymond James lowers ConocoPhillips (NYSE:COP) price target from $146 to $140 Read Post »
Lululemon had many things going for it this Christmas season which should boost revenue in 4Q more than expected, according to Sharon Zackfia of William Blair in a note. The analyst says “store traffic was robust during our pre- and post-Christmas checks, and similar to last year, there was little markdown activity prior to Christmas.” Zackfia also says unseasonably mild weather helped holiday traffic. She now expects revenue growth to be 16% in 4Q, up from 15% previously and ahead of guidance of between 13% and 14%. She estimates 4Q EPS up 14% to $5.02, ahead of consensus of $4.95 and guidance of $4.85 to $4.93.
Lululemon’s Holiday Sales Seen Better Than Expected Read Post »
By Emily Dattilo Shares of ride-hailing companies Lyft and Uber Technologies were trading lower after one analyst team weighed in skeptically about the outlook for the businesses. Nomura analysts Anindya Das and Masataka Kunugimoto downgraded Lyft to Reduce from Neutral but revised their estimates for earnings and revenue and raised their target for the stock price to $13 from $11.70 on Friday. They cut their rating on Uber to Neutral from Buy and raised their price target to $62 from $59 in a separate report. Lyft stock was down 3.4% to $15.01 in premarket trading, while Uber shares dropped 1.5% to $62.20. Futures on the S&P 500 were flat. The analysts said they “see limited room” for Lyft to continue raising take-rates — the portion of a fare it receives as commission — because drivers’ operating expenses are rising faster than their earnings. Separately, they also aren’t seeing opportunities for
Sell Lyft, Pump the Brakes on Uber, Analyst Says. Both Stocks Are Lower. — Barrons.com Read Post »
Tesla’s fourth quarterly deliveries are due Tuesday morning. It’s a big number for the company. Tesla is trying to bounce back from a disappointing third-quarter result while fending off Chinese competition for the title of the largest maker of battery electric vehicles in the world. Wall Street expects Tesla to report deliveries between 475,000 and 480,000 units. That would be a record from the 466,000 delivered in the second quarter of 2023 and a nice rebound from the 435,000 delivered in the third quarter of this past year. Any number above 475,000 should be fine for the stock. Anything can happen, though, following the report. Tesla stock is volatile after reporting deliveries. Shares have moved an average of about 7%, up or down, following the last eight reports. The stock has dropped three times and risen five times. The biggest rise was after the fourth quarter 2021 delivery report when
Tesla Deliveries Numbers Are Coming. The Stock Could Be Set For a Big Move. Read Post »
Apple Watch Series 9, Apple Watch Ultra 2 Will Become Available For Purchase Again In US And From Apple.com Tomorrow By 12 PM PT – Bloomberg Reporter.
US retail sales grew less than expected during the holiday season and fell well short of last year’s growth pace, according to a Mastercard (MA) report released Tuesday. Retail sales excluding automotive increased 3.1% year-over-year from Nov. 1 to Dec. 24, the Mastercard SpendingPulse report showed. That’s slower than the 3.7% rise it expected in September and last year’s 7.6% growth pace. SpendingPulse covers in-store and online retail sales across all forms of payment. The report showed apparel spending rose 2.4% and increased 7.8% at restaurants. Outlays on jewelry, however, fell 2%. “This holiday season, the consumer showed up, spending in a deliberate manner,” Mastercard Economics Institute Chief Economist Michelle Meyer said. “The economic backdrop remains favorable with healthy job creation and easing inflation pressures, empowering consumers to seek the goods and experiences they value most.” Online sales rose 6.3% year over year while in-store purchases were up 2.2%, according
Retail Sales Rise Less Than Expected During Holiday Season, Mastercard Report Shows Read Post »
ARM Holdings (NASDAQ:ARM) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/26/2023 50.5% Rosenblatt $85 → $110 Maintains Buy 12/18/2023 -4.23% Deutsche Bank $60 → $70 Downgrades Buy → Hold 11/20/2023 -4.23% Wells Fargo → $70 Initiates Coverage On → Overweight 11/10/2023 -24.75% Morgan Stanley → $55 Initiates Coverage On → Equal-Weight 10/18/2023 -11.07% Keybanc → $65 Initiates Coverage On → Overweight 10/10/2023 -13.8% Daiwa Capital → $63 Initiates Coverage On → Buy 10/09/2023 -5.6% Loop Capital → $69 Initiates Coverage On → Buy 10/09/2023 16.29% Rosenblatt → $85 Initiates Coverage On → Buy 10/09/2023 — Wolfe Research Initiates Coverage On → Peer Perform 10/09/2023 -11.07% B of A Securities → $65 Initiates Coverage On → Buy 10/09/2023 -15.17% Mizuho → $62 Initiates Coverage On → Buy 10/09/2023 -12.44% Guggenheim → $64 Initiates Coverage On → Buy 10/09/2023 -13.8% TD Cowen →
ARM Holdings (NASDAQ:ARM) stock Analyst Ratings Read Post »
United Parcel Service (NYSE:UPS) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/26/2023 -2.05% Daiwa Capital → $155 Downgrades Outperform → Neutral 12/21/2023 -1.42% JP Morgan $165 → $156 Maintains Neutral 10/11/2023 12.48% JP Morgan $186 → $178 Maintains Neutral 10/02/2023 1.11% Susquehanna $173 → $160 Maintains Neutral 09/29/2023 26.38% Raymond James $205 → $200 Maintains Strong Buy 09/29/2023 7.42% HSBC → $170 Initiates Coverage On → Hold 09/28/2023 10.58% Barclays $180 → $175 Maintains Equal-Weight 09/18/2023 16.27% Oppenheimer $195 → $184 Maintains Outperform 09/14/2023 16.9% TD Cowen $190 → $185 Maintains Market Perform 09/12/2023 11.85% B of A Securities $190 → $177 Maintains Neutral 09/12/2023 13.11% Evercore ISI Group $185 → $179 Maintains In-Line 09/12/2023 13.74% Citigroup $200 → $180 Maintains Buy 09/12/2023 23.22% Stephens & Co. → $195 Reiterates Equal-Weight → Equal-Weight 08/11/2023 25.75% Stifel → $199 Maintains Buy 08/09/2023
United Parcel Service (NYSE:UPS) Stock Analyst Ratings Read Post »