Bank of Montreal Capital analyst Ambrish Srivastava maintains Micron Technology (NASDAQ:MU) with a Outperform and raises the price target from $67 to $80.
Bank of Montreal raised Micron Technology (NASDAQ:MU) price target from $67 to $80 Read Post »
JPMorgan analyst Lucas Ferreira maintains Coca-Cola Femsa SAB de (NYSE:KOF) with a Neutral and raises the price target from $80 to $87.
JPMorgan raised Coca-Cola Femsa SAB de (NYSE:KOF) price target from $80 to $87 Read Post »
Scotiabank Adjusts Bank of Montreal (TSX:BMO) Price Target to CA$143 From CA$151, Maintains Outperform Rating.
Scotiabank Adjusts Bank of Montreal (TSX:BMO) Price Target to CA$143 From CA$151 Read Post »
Bank of Montreal Capital analyst Darko Mihelic maintains Bank of Montreal (TSX:BMO) with a Outperform and lowers the price target from C$151 to C$143.
Bank of Montreal lowered Bank of Montreal (TSX:BMO) price target from C$151 to C$143 Read Post »
Best Buy (NYSE:BBY) reported fiscal Q1 non-GAAP earnings of $1.15 per diluted share, down from $1.57 a year earlier. Analysts polled by Capital IQ expected $1.10. Revenue for the quarter ended April 29 was $9.47 billion, compared with $10.65 billion a year ago. Analysts surveyed by Capital IQ expected $9.53 billion. The company’s fiscal Q1 comparable sales were down 10.1%, compared with a fall of 8% a year earlier. Analysts polled by Capital IQ expected a fall of 9.9%. The retailer said it continues to expect fiscal 2024 non-GAAP earnings of $5.70 to $6.50 per diluted share. Analysts surveyed by Capital IQ expect $6.20. Fiscal 2024 revenue is still anticipated in the range of $43.80 billion to $45.20 billion, Best Buy said. Analysts polled by Capital IQ expect $44.57 billion. The company also said it continues to expect fiscal 2024 comparable sales to fall 3% to 6%. Analysts surveyed by
Telsey Advisory Group Adjusts Price Target on Best Buy Co (NYSE:BBY) to $78 From $81, Maintains Market Perform Rating.
Telsey Advisory Group Adjusts Price Target on Best Buy Co (NYSE:BBY) to $78 From $81 Read Post »
Marvell Technology (NASDAQ:MRVL) reported fiscal Q1 adjusted earnings of $0.31 per diluted share, down from $0.52 a year earlier. Analysts polled by Capital IQ estimated $0.29. Revenue for the quarter ended April 29 was $1.32 billion, down from $1.45 billion a year earlier. Analysts surveyed by Capital IQ expected $1.3 billion. The chipmaker said it projects fiscal Q2 adjusted EPS of $0.27 to $0.37 on revenue of $1.33 billion, plus or minus 5%. Analysts polled by Capital IQ are looking for an adjusted EPS of $0.31 and revenue of $1.31 billion.
Keybanc analyst John Vinh maintains Marvell Tech (NASDAQ:MRVL) with a Overweight and raises the price target from $60 to $70.
Keybanc raised Marvell Tech (NASDAQ:MRVL) price target from $60 to $70 Read Post »
Rosenblatt analyst Hans Mosesmann reiterates Marvell Tech (NASDAQ:MRVL) with a Buy and maintains $100 price target.
Rosenblatt maintained Marvell Tech (NASDAQ:MRVL) $100 price target Read Post »
Morgan Stanley Lifts Price Target on Marvell Technology (NASDAQ:MRVL) to $55 From $45 After ‘Better Than Feared’ Fiscal Q1; Equalweight Kept.
Morgan Stanley Lifts Price Target on Marvell Technology (NASDAQ:MRVL) to $55 From $45 Read Post »
Craig-Hallum Adjusts Price Target on Marvell Technology (NASDAQ:MRVL) to $67 From $56, Maintains Buy Rating.
Craig-Hallum Adjusts Price Target on Marvell Technology (NASDAQ:MRVL) to $67 From $56 Read Post »
Marvell Tech (NASDAQ:MRVL) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.29. This is a 40.38 percent decrease over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $1.32 billion which beat the analyst consensus estimate of $1.30 billion. This is a 8.64 percent decrease over sales of $1.45 billion the same period last year.