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Why These 4 Pinterest Analysts Are Happy With Q4 Results
Tuesday, February 7, 2023 - 1:28pm | 518Shares of Pinterest Inc (NYSE: PINS) continued to slide on Tuesday, after the company reported quarterly results. KeyBanc Capital Markets on Pinterest Analyst Justin Patterson maintained an Overweight rating while raising the price target from $28 to $32. While revenue of $877 million was below the...
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Credit Suisse Double Upgrades This Defense Stock: What You Need To Know
Tuesday, February 7, 2023 - 11:48am | 332Credit Suisse are double upgrading an aerospace and defense stock on the basis of a bullish growth outlook. Here's what investors need to know. The Lockheed Martin Analyst: Scott Deuschle upgraded Lockheed Martin Corp (NYSE: LMT) from Underperform to Outperform and raised ...
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Why These 4 Starbucks Analysts Are Unphased By Q1 Earnings Miss
Friday, February 3, 2023 - 12:36pm | 531Shares of Starbucks Corporation (NASDAQ: SBUX) remained under pressure in early trading on Friday, after the company’s fiscal first-quarter earnings missed expectations. Stephens on Starbucks Analyst Joshua Long maintained an Equal-Weight rating and price target of $91. “Starbucks...
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5 Electronic Arts Analysts On Q3 Results
Wednesday, February 1, 2023 - 12:54pm | 510Electronic Arts Inc (NASDAQ: EA) Tuesday reported disappointing third-quarter results, which sent shares down in extended trading. Credit Suisse on Electronic Arts Analysts reiterated their Outperform rating and price target of $132. “EA’s results fell below our estimates driven by...
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6 Advanced Micro Devices Analysts On Q4 Results: 'Relief To Investors'
Wednesday, February 1, 2023 - 11:27am | 682Shares of Advanced Micro Devices, Inc (NASDAQ: AMD) gained after the company released its fourth-quarter results and several analysts raised their price targets for the stock. Credit Suisse on Advanced Micro Devices Analyst Chris Caso reiterated an Outperform rating, while raising the price target...
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Foot Locker Makes Nice With Nike: Analyst Turns Bullish, Upgrades Shoe Retailer
Wednesday, February 1, 2023 - 10:59am | 265Shares of Foot Locker, Inc. (NYSE: FL) have been on an uptrend so far this year. Since Mary Dillon took over as CEO in September, the company’s relationship with Nike Inc (NYSE: NKE) has improved, according to Credit Suisse. The Foot Locker Analyst: Michael Binetti upgraded the rating for...
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3 Whirlpool Analysts Consider Upcoming Challenges Following Q4 Results
Tuesday, January 31, 2023 - 12:25pm | 401Shares of Whirlpool Corporation (NYSE: WHR) gained in after-hours trading on Monday, after the company released its fourth-quarter results. Credit Suisse on Whirlpool Analyst Daniel Oppenheim reiterated a Neutral rating and a price target of $140. The company’s quarterly results were...
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Trading Strategies For Nike Before, After Q2 Earnings
Tuesday, December 20, 2022 - 12:36pm | 534Nike, Inc (NYSE: NKE) was sliding 4% lower Tuesday as the company heads into its second-quarter earnings print after the close. When Nike printed a first-quarter earnings beat on Sept. 29, the stock plunged 12% lower the following day. Although the company’s earnings came in ahead of...
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Nike Q2 Earnings Preview: Improving Inventories, China Growth Could 'Slingshot' The Swoosh
Monday, December 19, 2022 - 5:42pm | 565Nike Inc (NYSE: NKE) is set to report its fiscal second-quarter financial results after the market close on Tuesday. Here's a look at what to expect from the iconic athletic apparel brand. What To Know: Nike is expected to report second-quarter earnings of 65 cents per share on...
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Why China's Inflation Is Likely To Stay Below This Level In Next 12 To 18 Months
Friday, December 9, 2022 - 11:24am | 263On CNBC, Jack Siu of Credit Suisse said inflation was expected to remain below the 3% level in the next 12 to 18 months. "We don’t think CPI is an issue in China" and will remain "steady" within the range of 1% to 3% in the foreseeable future, Siu said. He...
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Credit Suisse Issues 'Concerning' Outlook Showing Loss Of Assets 'Far Above' Expectations
Wednesday, November 23, 2022 - 3:33pm | 652Shareholders of embattled Credit Suisse Group (NYSE: CS) approved a proposal to issue new equity on Wednesday. The Swiss bank's turnaround plans don't appear to be good enough in the near term, however, as investors are fleeing the name after management unveiled a ...
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4 Nordstrom Analysts React To Q3 Earnings As Retail Stock Continues Its Descent
Wednesday, November 23, 2022 - 12:57pm | 503Shares of Nordstrom Inc (NYSE: JWN) were nosediving Wednesday, after the retailer reported its quarterly results. BofA Securities On Nordstrom Analyst Lorraine Hutchinson maintained an Underperform rating and $15 price target. “While 3Q earnings beat our estimate on slightly better...
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These 3 HP Analysts Offer Their Takeaways On Q4 Earnings, As PC Maker Announces Layoff Plan
Wednesday, November 23, 2022 - 12:25pm | 494HP Inc (NYSE: HPQ) announced its fiscal fourth-quarter earnings on Tuesday and indicated it is joining the tech layoff bandwagon to drive cost savings. Morgan Stanley On HP Analyst Erik Woodring maintained an Underweight rating, with a price target of $24. “F4Q results came in...
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These 3 Dell Analysts Offer Very Different Takes On Q3 Print: Elevated Risks Vs. Lower Input Costs
Tuesday, November 22, 2022 - 12:33pm | 407Dell Technologies Inc (NYSE: DELL) Monday reported upbeat earnings and sales for its third quarter. Morgan Stanley On Dell Analyst Erik Woodring maintained an Equal-Weight rating, with a price target of $45. “F3Q beat MSe as DELL worked down server backlog, but mgmt guided FY24 revs down >...
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A Swiss Banker Says You Should Buy These Semiconductor Stocks
Friday, November 18, 2022 - 3:45pm | 403The semiconductor industry has gotten absolutely crushed in the last year, with the SPDR S&P Semiconductor ETF (NYSE: XSD) trading down more than 40% from its highs at one point this year. Demand for semiconductors has dropped from its peak due to weakness in the crypto and gaming sectors...