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These 2 Ross Stores Analysts Raise Price Targets After Q3 Print
Friday, November 18, 2022 - 11:09am | 313Ross Stores, Inc. (NASDAQ: ROST) reported upbeat earnings on Thursday. Read more about where Ross Stores stands with analysts here. Telsey Group On Ross Stores Analyst Dana Telsey maintained a Market Perform rating while raising the price target from $80 to $120. “The earnings upside was...
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Why This Norwegian Cruise Lines Analyst Is Turning Bearish
Thursday, November 17, 2022 - 11:51am | 300Shares of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) and other cruise line companies have been on a downturn. Although Norwegian Cruise Line is a “quality company,” its stock has materially outperformed year to data and there is risk to estimates and valuation versus peers,...
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Beyond Meat Lacks Sizzle: 3 Analysts Discuss Earnings Miss, 'Daunting' Recovery
Thursday, November 10, 2022 - 12:02pm | 475Beyond Meat Inc (NASDAQ: BYND) recently reported a wider-than-expected loss on disappointing revenues for the third quarter. However, the stock recovered on earnings, following a surge in short interest. Here are three analyst takes: Mizuho Securities's John Baumgartner reiterated a Neutral...
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Norwegian Cruise Line Analysts Give Takeaways On Q3 Print, As The Stock Rebounds 38% In Past Month
Wednesday, November 9, 2022 - 12:47pm | 379Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) on Tuesday reported third-quarter revenues ahead of street expectations. Morgan Stanley On Norwegian Cruise Line Analyst Jamie Rollo maintained an Equal Weight rating, with a price target of $13. “3Q EBITDA was in-line with MSe, but missed...
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Boeing Hosted Its First Investor Day In 4 Years After 737 MAX Debacle: What Do Analysts Think?
Thursday, November 3, 2022 - 12:15pm | 541Boeing Co. (NYSE: BA) held an Investor Day to showcase its Boeing 737 plant and for investors to meet with company executives to discuss strategic priorities, business updates and financial goals. The last Investor Day Boeing had was in 2018 and the company has not provided meaningful forward...
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3 eBay Analysts Express Concern On Q4 Outlook, Long-Haul Recovery: Here's Why
Thursday, November 3, 2022 - 11:33am | 403eBay Inc (NASDAQ: EBAY) reported its quarterly earnings at $1.00 per share, beating Street expectations of 93 cents per share but faced several price target cuts by various analysts. Morgan Stanley Analyst Lauren Schenk reiterated an Underweight rating, while raising the price target from $33 to $...
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4 SoFi Technologies Analysts On Q3 Earnings In 'Challenging Interest Rate Environment'
Wednesday, November 2, 2022 - 11:51am | 566SoFi Technologies Inc (NASDAQ: SOFI) Tuesday reported higher-than-expected third-quarter earnings. Here's the latest from the Street on the lending stock. Keefe, Bruyette & Woods On SoFi Technologies Analyst Michael Perito reaffirmed a Market Perform rating with a price target of $6....
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11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline
Wednesday, October 26, 2022 - 12:05pm | 1093Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings. On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst...
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Munster Not Concerned About Meta And Google Despite Snap's Disappointing Q3: 'Long-Term Will Be Intact'
Friday, October 21, 2022 - 7:02am | 441Snap Inc. (NYSE: SNAP) shares tumbled about 27% following the release of its third-quarter results. What Went Wrong At Snap: Four headwinds — ad market softness, monetization method, Apple Inc. (NASDAQ: AAPL) privacy changes and competition from TikTok — have worked in unison...
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Snap Reports Q3 Results Today: What To Expect And Should Meta, Twitter, Google And Pinterest Shareholders Care?
Thursday, October 20, 2022 - 9:46am | 948Snapchat parent Snap Inc. (NASDAQ: SNAP) is scheduled to report third-quarter earnings on Thursday after the market closes. The company is coming off two tough quarters and the resultant sharp pullback in shares. Snap’s earnings could give a foretaste of what to expect from ad-dependent...
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Netflix Investors Hit The Buy Button After Q3 Earnings, But Analysts Are Cautious On Ad-Supported Plan: Here's Why
Wednesday, October 19, 2022 - 4:55pm | 888Shares of Netflix Inc (NASDAQ: NFLX) rose sharply Tuesday after the market close after the streaming giant reported third-quarter financials that beat analysts’ expectations. The Street is sharing updated thoughts on what’s ahead for Netflix as it works to return to growth and...
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3 Analysts Provide Takeaways From Walgreens' Upbeat Results
Friday, October 14, 2022 - 10:52am | 472Walgreens Boots Alliance Inc. (NASDAQ: WBA) swung to a loss in the third quarter but managed to beat Street expectations. The Deerfield, Illinois-based company reported that its sales had declined by 5.3% year-over-year to $32.4 billion and adjusted earnings of 80 cents per share, with both figures...
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Remember Credit Suisse Collapse Rumors? Swiss Bank Could Be Short $8B, Goldman Sachs Says
Thursday, October 13, 2022 - 4:50pm | 370Analysts from Goldman Sachs Group (NYSE: GS) predict that Credit Suisse Group AG (NYSE: CS) will experience a capital shortfall of up to 8 billion Swiss francs ($8 billion) in 2024 and maintain a Sell rating on the investment bank. This follows a spike in Swiss banks' credit default swaps...
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Credit Suisse Picks 7 Aerospace, Defense Stocks To Buy — And 4 To Avoid
Wednesday, October 12, 2022 - 12:47pm | 731Aerospace and defense stocks have been among the handful of investments that have performed well in a very difficult market in 2022. Global geopolitical tensions have been heightened since Russia invaded Ukraine, and Credit Suisse analyst Scott Deuschle said Wednesday there are still plenty of...
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Credit Suisse Lending Clients Spooked By Swiss Bank Financial Health Concerns
Tuesday, October 4, 2022 - 5:29pm | 653Credit Suisse Group (NYSE: CS) shares have been volatile this week amid ongoing concerns over the Swiss bank's financial health. Now it appears some of the firm's lending clients are pulling back. What Happened: One of Credit Suisse's lending businesses has reversed...