Michael NG

Goldman Sachs analyst Michael Ng, CFA, downgraded Redfin Corp. (NASDAQ:RDFN) from Neutral to Sell on Monday, citing growing competition, agent commission pressures and affordability challenges in the U.S. housing market. According to the expert, Redfin currently screens rich valuations despite a...

Ingram Micro Holding Corp (NYSE:INGM) shares remained volatile in early trading on Monday, after having shed almost 6% last week. Here are takeaways from two analysts who initiated coverage of the stock. Goldman Sachs On Ingram Micro Holding Analyst Michael Ng initiated coverage with a Buy rating...

The Walt Disney Company (NYSE:DIS) provided a look at multi-year guidance Thursday, which surprised analysts and resulted in price targets being raised after the company’s fourth-quarter financial results. The Disney Analysts: Guggenheim analyst Michael Morris maintained a Buy rating on...

Shares of Cisco Systems Inc (NASDAQ:CSCO) declined in early trading on Thursday, even after the company reported upbeat fiscal first-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Michael Ng maintained...

All eyes will be on streaming subscribers, profitability and how the success of the “Deadpool & Wolverine” movie translated into The Walt Disney Company’s (NYSE:DIS) quarterly results when the company reports earnings Thursday. Earnings Estimates: Analysts expect the media...

Apple Inc (NASDAQ:AAPL) beat analysts’ fourth-quarter revenue and earnings estimates, but guidance that came in below estimates has analysts questioning the future outlook after Thursday’s report. The Apple Analysts: Bank of America analyst Wamsi Mohan reiterated a Buy rating on Apple...

Apple Inc (NASDAQ:AAPL) will likely highlight the performance of its iPhone 16 and upcoming product releases when the company reports fourth-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect the Cupertino, California-based company to report fourth-quarter...

A Goldman Sachs analyst has forecasted stronger-than-expected fourth-quarter results for Apple Inc (NASDAQ:AAPL) ahead of its Oct. 31 release. The Apple Analyst: Analyst Michael Ng reiterated a Buy rating on Apple and maintained its price target at $275. Earnings Preview: Ng is bullish on Apple...

A trip to theme parks owned by Walt Disney Co (NYSE:DIS) could soon become more expensive for families if they want to take as many rides as possible. An analyst says this could be a great thing for Disney's financials. The Disney Analyst: Goldman Sachs analyst Michael Ng reiterated a Buy rating on...

A Walt Disney Company (NYSE:DIS) analyst says the company's momentum in box office blockbusters and streaming growth can help offset Experiences and linear weakness when the company reports fourth-quarter financial results in November. The Disney Analyst: Goldman Sachs analyst Michael Ng reiterated...

Lead times for the Apple iPhone 16 are shorter than the iPhone 15. An analyst says there may be more to the picture as investors and analysts question weaker demand concerns. The Apple Analyst: Goldman Sachs analyst Michael Ng reiterated a Buy rating on Apple Inc (NASDAQ:AAPL) with a $276 price...

Apple Inc. (NASDAQ:AAPL) is poised to surpass earnings expectations in the third quarter, driven by strong performance across its iPad, Mac and Services segments. Goldman Sachs analyst Michael Ng predicted an EPS of $1.36 on $85.1 billion in revenue, as Apple reports on Aug. 1. Apple iPad, Mac To...

Several media stocks were sized up by an analyst as the sector saw ongoing changes from cord-cutting and the growth of streaming platforms. The Analyst Ratings: Goldman Sachs analyst Michael Ng initiated coverage on the following stocks with the following price targets. Walt Disney Co (NYSE:DIS):...

Goldman Sachs analysts, led by Michael Ng, were highly encouraged by the financial prospects presented at Apple’s Worldwide Developers Conference (WWDC) 2024, where the tech giant unveiled significant updates to its operating systems and introduced several new generative AI features,...

Shares of Cisco Systems Inc (NASDAQ:CSCO) declined in early trading on Thursday, even after the company reported stronger-than-expected results for its fiscal third quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Michael Ng...