JPMorgan analyst Brian Ossenbeck maintains FedEx (NYSE:FDX) with a Neutral and lowers the price target from $322 to $305.
JPMorgan lowers FedEx (NYSE:FDX) price target from $322 to $305 Read Post »
FactSet Research Systems (NYSE:FDS) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/20/2023 4.25% Stifel $436 → $469 Maintains Hold 12/08/2023 6.69% Deutsche Bank $471 → $480 Downgrades Buy → Hold 09/22/2023 2.24% B of A Securities $450 → $460 Maintains Neutral 09/22/2023 3.13% RBC Capital → $464 Reiterates Sector Perform → Sector Perform 09/22/2023 -3.09% BMO Capital $419 → $436 Maintains Market Perform 09/22/2023 -21.76% Morgan Stanley $332 → $352 Maintains Underweight 09/22/2023 -18.43% Goldman Sachs $380 → $367 Maintains Sell 09/05/2023 4.69% Deutsche Bank $461 → $471 Maintains Buy 08/25/2023 3.13% RBC Capital $500 → $464 Downgrades Outperform → Sector Perform 06/27/2023 6.69% Barclays $520 → $480 Maintains Overweight 06/26/2023 -6.87% BMO Capital $424 → $419 Maintains Market Perform 06/23/2023 -26.21% Morgan Stanley $335 → $332 Maintains Underweight 06/23/2023 -15.54% Goldman Sachs $365 → $380 Maintains Sell 06/15/2023 0.02% B
FactSet Research Systems (NYSE:FDS) Stock Analyst Ratings Read Post »
FedEx’s outlook is likely better than the dour results from the shipping giant’s Express unit would suggest, Citi analysts say in a research note. “We think it is likely as simple as cyclical trough margins persisting as volume hits cycle lows,” they say. “When the cycle turns (which may be happening now), we think leverage will return.” They add that management’s inability to bolster margins in the segment likely hurts credibility. “We were disappointed in how much management sounded like the ‘old’ FedEx,” they say. FedEx CEO Raj Subramaniam took over last year, succeeding founder and longtime CEO Fred Smith.
FedEx Outlook Likely Not As Bad As Express Unit Suggests Read Post »
FedEx’s F2Q bottom-line miss was primarily driven by the impact of severe macro headwinds in its Express unit’s volumes and the inability to move the cost needle as quickly in that segment, say analysts at Evercore ISI in a research note. They say that weak Express margins aren’t indicative of hiccups in FedEx’s cost-saving initiatives, which showed up more clearly in the Ground and Freight segments. The delivery giant did cut its revenue guidance for the second time this year, but its EPS guide remained intact, proving the initial successes of its cost initiatives, say the analysts.
FedEx 2Q Results Show Early Success of Cost-Cutting Efforts Read Post »
Costco Wholesale Corporation (COST) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/20/2023 -7.85% Northcoast Research → $620 Downgrades Buy → Neutral 12/15/2023 4.05% BMO Capital $612 → $700 Maintains Outperform 12/15/2023 -10.82% DA Davidson $570 → $600 Maintains Neutral 12/15/2023 0.33% Stifel $615 → $675 Maintains Buy 12/15/2023 -6.36% Citigroup $585 → $630 Maintains Neutral 12/15/2023 7.76% UBS $640 → $725 Maintains Buy 12/15/2023 0.33% Oppenheimer → $675 Reiterates Outperform → Outperform 12/15/2023 -0.41% Raymond James $580 → $670 Maintains Outperform 12/15/2023 3.01% Truist Securities $619 → $693 Maintains Buy 12/15/2023 4.05% Telsey Advisory Group $625 → $700 Maintains Outperform 12/13/2023 0.33% Oppenheimer $630 → $675 Maintains Outperform 12/12/2023 -3.39% Evercore ISI Group $640 → $650 Maintains Outperform 11/30/2023 -8.59% Stifel $595 → $615 Maintains Buy 11/30/2023 -7.99% Truist Securities → $619 Reiterates Buy → Buy 11/30/2023 -7.1% Telsey Advisory Group
Costco Wholesale Corporation (COST) stock Analyst Ratings Read Post »
HSBC analyst Meredith Jensen initiates coverage on McDonald’s (NYSE:MCD) with a Buy rating and announces Price Target of $317.
HSBC announces McDonald’s (NYSE:MCD) Price Target of $317 Read Post »
McDonald’s (NYSE:MCD) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/20/2023 8.93% HSBC → $317 Initiates Coverage On → Buy 12/12/2023 16.84% Truist Securities $335 → $340 Maintains Buy 12/11/2023 2.75% Piper Sandler $273 → $299 Maintains Neutral 12/07/2023 -2.06% Stifel $270 → $285 Maintains Hold 12/07/2023 8.25% RBC Capital → $315 Reiterates Outperform → Outperform 12/07/2023 15.12% BMO Capital $325 → $335 Maintains Outperform 12/07/2023 11.68% TD Cowen $300 → $325 Maintains Outperform 12/01/2023 8.25% Oppenheimer → $315 Reiterates Outperform → Outperform 11/30/2023 6.53% Citigroup $280 → $310 Maintains Neutral 10/31/2023 -4.47% JP Morgan $270 → $278 Maintains Overweight 10/31/2023 8.25% RBC Capital → $315 Reiterates Outperform → Outperform 10/31/2023 11.68% BMO Capital $340 → $325 Maintains Outperform 10/31/2023 3.09% DZ Bank → $300 Upgrades Hold → Buy 10/31/2023 6.53% Wedbush → $310 Reiterates Outperform → Outperform 10/31/2023 3.09% Stephens &
McDonald’s (NYSE:MCD) Stock Analyst Ratings Read Post »
Domino’s Pizza (NYSE:DPZ) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/20/2023 14.62% HSBC → $466 Initiates Coverage On → Buy 12/11/2023 11.92% Benchmark → $455 Upgrades Hold → Buy 12/11/2023 -1.61% Piper Sandler $401 → $400 Downgrades Overweight → Neutral 12/08/2023 3.31% JP Morgan $410 → $420 Maintains Overweight 12/08/2023 16.84% BMO Capital $455 → $475 Maintains Outperform 12/08/2023 10.69% Evercore ISI Group $435 → $450 Maintains Outperform 12/08/2023 15.61% TD Cowen $430 → $470 Maintains Outperform 12/08/2023 11.92% Morgan Stanley $435 → $455 Maintains Overweight 12/08/2023 -1.61% Stephens & Co. $365 → $400 Maintains Equal-Weight 12/08/2023 4.29% Citigroup $396 → $424 Maintains Neutral 12/08/2023 -16.37% Barclays $330 → $340 Maintains Underweight 11/28/2023 5.77% Stifel → $430 Reiterates Buy → Buy 11/27/2023 5.77% TD Cowen $410 → $430 Maintains Outperform 10/19/2023 5.77% Deutsche Bank → $430 Initiates Coverage On → Buy
Domino’s Pizza (NYSE:DPZ) stock Analyst Ratings Read Post »
Starbucks (NASDAQ:SBUX) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/20/2023 10.14% HSBC → $107 Initiates Coverage On → Hold 11/06/2023 9.11% Wedbush $100 → $106 Maintains Neutral 10/23/2023 19.4% Barclays $123 → $116 Maintains Overweight 10/19/2023 21.46% Deutsche Bank → $118 Initiates Coverage On → Buy 10/12/2023 2.93% UBS $110 → $100 Maintains Neutral 10/11/2023 4.99% Morgan Stanley $104 → $102 Maintains Equal-Weight 10/05/2023 2.93% Citigroup $104 → $100 Maintains Neutral 09/25/2023 7.05% Citigroup $112 → $104 Maintains Neutral 09/22/2023 10.14% TD Cowen → $107 Reiterates Market Perform → Market Perform 09/20/2023 10.14% TD Cowen → $107 Reiterates Market Perform → Market Perform 09/19/2023 10.14% TD Cowen $117 → $107 Downgrades Outperform → Market Perform 08/02/2023 13.23% Stifel $117 → $110 Maintains Hold 08/02/2023 7.05% Morgan Stanley $104 → $104 Reiterates Equal-Weight → Equal-Weight 08/02/2023 26.61% Barclays $127 → $123 Maintains
Starbucks (NASDAQ:SBUX) Stock Analyst Ratings Read Post »
Profit tops expectations but full-year revenue outlook lowered because volume recovery has been slower than forecast Shares of General Mills Inc. sank Wednesday, after the consumer-foods company missed fiscal second-quarter revenue expectations and lowered its full-year outlook as sales volumes have recovered at a slower-than-anticipated pace. “While many factors have evolved in line with our expectations – including moderating levels of input cost inflation and price/mix, as well as a return toward historical price elasticities – we’re seeing consumers continue to display stronger-than-anticipated value-seeking behaviors across our key markets, and this dynamic is delaying volume recovery in our categories,” said Chief Executive Jeff Harmening. The stock (GIS) dropped 4.4% toward a three-week low in premarket trading. The company, the parent of brands including Cheerios, Häagen-Dazs and Betty Crocker, said net income for the quarter to Nov. 26 was $595.5 million, or $1.02 a share, compared with $605.9 million, or $1.01
Raymond James analyst Savanthi Syth maintains United Airlines Holdings (NASDAQ:UAL) with a Outperform and lowers the price target from $68 to $65.
Raymond James lowers United Airlines Holdings (NASDAQ:UAL) price target from $68 to $65 Read Post »
United Airline Holdings (NASDAQ:UAL) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/20/2023 54.06% Raymond James $68 → $65 Maintains Outperform 10/19/2023 132.28% JP Morgan $93 → $98 Maintains Overweight 10/19/2023 61.18% Raymond James $70 → $68 Maintains Outperform 10/19/2023 -5.19% Susquehanna $44 → $40 Maintains Neutral 10/19/2023 68.29% Citigroup $76 → $71 Maintains Buy 10/11/2023 4.29% Susquehanna $57 → $44 Maintains Neutral 10/05/2023 65.92% Raymond James $76 → $70 Maintains Outperform 10/02/2023 77.77% Morgan Stanley $80 → $75 Maintains Overweight 09/29/2023 13.77% Jefferies $65 → $48 Maintains Hold 09/26/2023 61.18% Bernstein $71 → $68 Maintains Outperform 08/28/2023 37.47% Evercore ISI Group $65 → $58 Maintains In-Line 08/07/2023 89.62% Redburn Partners → $80 Upgrades Neutral → Buy 07/24/2023 99.1% Citigroup $75 → $84 Maintains Buy 07/23/2023 54.06% Jefferies → $65 Maintains Hold 07/21/2023 65.92% TD Cowen $65 → $70 Maintains Outperform 07/21/2023
United Airline Holdings (NASDAQ:UAL) Stock Analyst Ratings Read Post »