CFRA Reiterates Buy Opinion On Shares Of Jpmorgan Chase & Co.

/ / Financials /

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We think a wider risk premium for JPM shares can be supported by our view of a soft landing for the U.S. economy and lower rates that propel higher borrowing and risk taking. We raise our target by $15 to $190 on a forward P/E of 11.9x our 2024 earnings estimate, still below the three-year historic average of 12.3x. We keep our EPS estimates at $17.00 for 2023 and at $15.95 for 2024; our revenue forecast is $160B for 2023 and $159.5B for 2024. Loan growth remains critical, in our view, to net interest income (NII) and noninterest income in 2024, assuming economic growth and no recession. In Q3 2023, NII rose 30% Y/Y, with a rise in interest rate spread to 2.00% vs. 1.79% Y/Y (1.97% […]

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Exxon Mobil (NYSE:XOM) stock Analyst Ratings

/ / Energy /

Exxon Mobil (NYSE:XOM) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/22/2023 — Erste Group Downgrades Buy → Hold 12/14/2023 30% UBS $138 → $133 Maintains Buy 12/08/2023 24.13% JP Morgan $134 → $127 Maintains Overweight 12/07/2023 17.29% RBC Capital → $120 Reiterates Sector Perform → Sector Perform 11/14/2023 30% Mizuho $139 → $133 Maintains Buy 11/02/2023 38.79% UBS $143 → $142 Maintains Buy 10/25/2023 30.97% JP Morgan $137 → $134 Maintains Overweight 10/17/2023 36.84% Bernstein → $140 Initiates Coverage On → Outperform 10/12/2023 41.73% Jefferies $140 → $145 Maintains Buy 10/12/2023 17.29% RBC Capital → $120 Reiterates Sector Perform → Sector Perform 10/12/2023 28.04% Truist Securities $110 → $131 Upgrades Hold → Buy 10/04/2023 39.77% UBS $139 → $143 Maintains Buy 10/02/2023 30.97% Morgan Stanley $131 → $134 Maintains Overweight 09/25/2023 35.86% Mizuho → $139 Reiterates Buy → Buy 09/25/2023 28.04%

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Intuitive Surgical (NASDAQ:ISRG) stock Analyst Ratings

/ / Health Care /

Intuitive Surgical (NASDAQ:ISRG) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/22/2023 16.71% Truist Securities $375 → $390 Maintains Buy 12/12/2023 12.23% Truist Securities $320 → $375 Maintains Buy 12/04/2023 -1.24% Morgan Stanley $300 → $330 Maintains Equal-Weight 11/17/2023 4.74% Stifel $315 → $350 Maintains Buy 11/17/2023 -4.83% HSBC → $318 Initiates Coverage On → Buy 10/23/2023 -10.22% Morgan Stanley $330 → $300 Maintains Equal-Weight 10/20/2023 -2.74% Piper Sandler $385 → $325 Maintains Overweight 10/20/2023 6.24% RBC Capital → $355 Reiterates Outperform → Outperform 10/20/2023 16.71% Citigroup $400 → $390 Maintains Buy 10/20/2023 8.63% Wells Fargo $386 → $363 Maintains Overweight 10/20/2023 -7.23% Raymond James $368 → $310 Maintains Outperform 10/16/2023 2.35% Leerink Partners → $342 Initiates Coverage On → Outperform 08/17/2023 7.74% RBC Capital → $360 Reiterates Outperform → Outperform 07/24/2023 -1.24% Morgan Stanley $310 → $330 Maintains Equal-Weight 07/24/2023 15.22%

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CFRA Reiterates Buy Rating On Shares Of Morgan Stanley

/ / Financials /

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: As a leading global investment bank, we think MS is poised to benefit from a potential rebound in M&A and debt/equity underwriting in the year ahead. We raise our 12-month target $15 to $105 on a forward P/E of 14.8x our 2024 earnings estimate, above the three-year historic average at 13.0x given our view of a cyclical rebound in MS’s businesses. We keep our earnings estimates for 2023 at $5.90 and 2024 at $7.10, both above consensus at $5.61 and $6.59. Even during a risk-off market, we think MS gained wallet share in the past year, with several European banks having retrenched from investment banking. The Fed’s signal of potential rate cuts in 2024 is likely to get corporates positioned for higher capital raising, debt refinancing, and

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Ross Stores (NASDAQ:ROST) Stock Analyst Ratings

/ / Consumer Discretionary /

Ross Stores (NASDAQ:ROST) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/22/2023 10.39% Wells Fargo $140 → $150 Maintains Overweight 11/17/2023 1.56% BMO Capital $127 → $138 Maintains Outperform 11/17/2023 3.03% Wells Fargo $135 → $140 Maintains Overweight 11/17/2023 0.82% Morgan Stanley $131 → $137 Maintains Overweight 11/17/2023 -0.65% Telsey Advisory Group $130 → $135 Maintains Market Perform 11/13/2023 -4.33% Telsey Advisory Group → $130 Reiterates Market Perform → Market Perform 11/07/2023 3.03% Evercore ISI Group → $140 Initiates Coverage On → Outperform 11/03/2023 -0.65% Gordon Haskett → $135 Upgrades Accumulate → Buy 08/18/2023 -0.65% Guggenheim $125 → $135 Maintains Buy 08/18/2023 -0.65% Loop Capital $125 → $135 Maintains Buy 08/18/2023 -2.86% TD Cowen $128 → $132 Maintains Outperform 08/18/2023 -3.59% Morgan Stanley $130 → $131 Maintains Overweight 08/18/2023 -38.18% UBS $80 → $84 Maintains Sell 08/18/2023 -6.54% BMO Capital $113 →

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Fiserv, Inc. (NYSE: FI) Stock Analyst Ratings

/ / Industrials /

Fiserv, Inc. (NYSE: FI) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/22/2023 31.37% Tigress Financial $160 → $175 Maintains Buy 12/05/2023 14.11% BMO Capital → $152 Initiates Coverage On → Outperform 11/16/2023 12.6% UBS $140 → $150 Maintains Buy 11/16/2023 12.6% Mizuho $140 → $150 Maintains Buy 11/16/2023 8.1% RBC Capital → $144 Reiterates Outperform → Outperform 11/16/2023 12.6% Wedbush → $150 Reiterates Outperform → Outperform 11/16/2023 -0.16% Morgan Stanley $129 → $133 Maintains Equal-Weight 10/25/2023 31.37% Susquehanna $170 → $175 Maintains Positive 10/25/2023 10.35% Raymond James $145 → $147 Maintains Outperform 10/20/2023 5.1% UBS → $140 Assumes Buy → Buy 10/17/2023 -9.92% Truist Securities $130 → $120 Maintains Hold 08/22/2023 9.6% JP Morgan $136 → $146 Maintains Overweight 08/01/2023 8.1% RBC Capital → $144 Reiterates Outperform → Outperform 07/27/2023 -3.16% Morgan Stanley $126 → $129 Maintains Equal-Weight 07/27/2023 1.34% Stephens

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Accenture Expands Digital Transformation Capabilities for Italy’s Public Sector With Acquisition of Customer Management IT and SirfinPA

/ / Industrials /

Accenture Expands Digital Transformation Capabilities for Italy’s Public Sector with Acquisition of Customer Management IT and SirfinPA MILAN & NEW YORK–(BUSINESS WIRE)–December 22, 2023– Accenture (NYSE: ACN) has signed an agreement to acquire Customer Management IT and SirfinPA, a pair of jointly-owned Italian technology consultancies supporting the public sector and specializing in justice and public safety. The acquisition aligns with Accenture’s focus on helping Italian public service organizations build their digital core and deliver enhanced services to the citizens they serve. Founded in 2010, with offices in Rome, Naples and Cosenza, Customer Management IT and SirfinPA are leading players within the Italian IT sector. Recognized for their work across the country’s national justice ecosystem, Customer Management IT and SirfinPA have supported the Italian Ministry of Justice by building and supporting technology applications in the central criminal justice department and have provided digital infrastructure for trials. With a multidisciplinary staff of

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Netflix, Inc. (NASDAQ: NFLX) Stock Analyst Ratings

/ / Consumer Discretionary /

Netflix, Inc. (NASDAQ: NFLX) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/22/2023 1.33% DZ Bank → $495 Downgrades Buy → Hold 12/21/2023 7.47% Wedbush → $525 Reiterates Outperform → Outperform 12/18/2023 12.59% Morgan Stanley $475 → $550 Maintains Overweight 10/19/2023 -2.76% Morgan Stanley $430 → $475 Upgrades Equal-Weight → Overweight 10/19/2023 -1.74% JP Morgan $455 → $480 Maintains Overweight 10/19/2023 -5.83% Guggenheim → $460 Reiterates Buy → Buy 10/19/2023 7.47% Wedbush → $525 Reiterates Outperform → Outperform 10/19/2023 -4.81% Truist Securities $430 → $465 Upgrades Hold → Buy 10/19/2023 -2.76% Oppenheimer $470 → $475 Maintains Outperform 10/19/2023 -17.3% Rosenblatt $400 → $404 Maintains Neutral 10/19/2023 4.4% Keybanc → $510 Upgrades Sector Weight → Overweight 10/17/2023 -11.97% Truist Securities $485 → $430 Maintains Hold 10/16/2023 -33.47% Benchmark → $325 Reiterates Sell → Sell 10/13/2023 — Wolfe Research Downgrades Outperform → Peer Perform

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Nike (NYSE:NKE) Analyst Ratings Analyst Ratings

/ / Consumer Discretionary /

Nike (NYSE:NKE) Analyst Ratings Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/22/2023 18.08% Deutsche Bank $132 → $128 Maintains Buy 12/19/2023 19.93% Raymond James $121 → $130 Maintains Outperform 12/15/2023 29.15% Telsey Advisory Group $128 → $140 Maintains Outperform 12/12/2023 19.93% DZ Bank → $130 Upgrades Hold → Buy 12/11/2023 24.54% Citigroup $100 → $135 Upgrades Neutral → Buy 12/05/2023 28.23% Goldman Sachs → $139 Assumes → Buy 11/17/2023 -0.37% Truist Securities → $108 Initiates Coverage On → Hold 11/07/2023 14.39% Evercore ISI Group → $124 Initiates Coverage On → Outperform 10/06/2023 4.24% RBC Capital → $113 Reiterates Outperform → Outperform 09/29/2023 -15.13% Williams Trading $91 → $92 Upgrades Sell → Hold 09/29/2023 1.48% BMO Capital $120 → $110 Maintains Outperform 09/29/2023 16.24% Morgan Stanley $126 → $126 Reiterates Overweight → Overweight 09/29/2023 10.7% TD Cowen $117 → $120 Maintains Outperform 09/29/2023

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Analog Devices, Inc. (NASDAQ:ADI) Stock Analyst Ratings

/ / Technology /

Analog Devices, Inc. (NASDAQ:ADI) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/22/2023 — Edward Jones Upgrades Hold → Buy 11/22/2023 8.26% Oppenheimer → $215 Reiterates Outperform → Outperform 11/22/2023 -11.88% Piper Sandler $190 → $175 Maintains Neutral 11/22/2023 5.75% Susquehanna $215 → $210 Maintains Positive 11/22/2023 5.75% UBS $200 → $210 Maintains Buy 11/22/2023 3.73% Truist Securities $213 → $206 Maintains Buy 11/22/2023 10.28% Morgan Stanley $225 → $219 Maintains Overweight 11/17/2023 13.3% Morgan Stanley $176 → $225 Upgrades Equal-Weight → Overweight 11/13/2023 0.71% UBS $210 → $200 Maintains Buy 10/11/2023 -11.38% Morgan Stanley $185 → $176 Maintains Equal-Weight 09/18/2023 8.26% Susquehanna → $215 Reiterates Positive → Positive 08/24/2023 8.26% Susquehanna $225 → $215 Maintains Positive 08/24/2023 -11.88% Wells Fargo $185 → $175 Maintains Equal-Weight 08/24/2023 5.75% Baird $235 → $210 Maintains Outperform 08/24/2023 5.75% UBS $215 → $210 Maintains Buy

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Tesla (NASDAQ:TSLA) Stock Analyst Ratings

/ / Consumer Discretionary /

Tesla (NASDAQ:TSLA) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/22/2023 37.08% Wedbush $310 → $350 Maintains Outperform 12/18/2023 17.5% RBC Capital $301 → $300 Maintains Outperform 12/15/2023 -48.3% Guggenheim $125 → $132 Maintains Sell 12/14/2023 1.83% Deutsche Bank $275 → $260 Maintains Buy 12/01/2023 -7.96% Goldman Sachs $235 → $235 Maintains Neutral 12/01/2023 21.42% Wedbush → $310 Reiterates Outperform → Outperform 11/30/2023 48.83% Morgan Stanley $380 → $380 Maintains Overweight 11/30/2023 -11.48% Truist Securities $226 → $226 Maintains Hold 11/28/2023 21.42% Wedbush → $310 Reiterates Outperform → Outperform 11/20/2023 -17.75% Jefferies $250 → $210 Maintains Hold 11/19/2023 15.54% Piper Sandler $290 → $295 Maintains Overweight 11/14/2023 48.83% Morgan Stanley $380 → $380 Maintains Overweight 11/14/2023 -7.96% Goldman Sachs $235 → $235 Maintains Neutral 11/09/2023 -42.82% HSBC → $146 Initiates Coverage On → Reduce 10/19/2023 -47.13% JP Morgan $135 → $135 Maintains

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