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Goldman Sachs' Q3 Report Impresses Analysts With Strong Investment Banking, Trading Revenues
Wednesday, October 16, 2024 - 1:24pm | 606Goldman Sachs Group Inc (NYSE:GS) reported on Tuesday upbeat earnings for its third quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Oppenheimer On Goldman Sachs Analyst Chris Kotowski reiterated an Outperform rating while raising the...
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Why 5 Of 6 UnitedHealth Analysts Are Cutting Forecasts After Q3 Earnings Release
Wednesday, October 16, 2024 - 12:18pm | 967UnitedHealth Group Inc (NYSE:UNH) reported on Tuesday upbeat earnings for its third quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On UnitedHealth Group Analyst Ben Hendrix reiterated an Outperform rating while...
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Lululemon 'Fresh And Unique,' Shows Promise Thanks To China Opportunity, Growth Push Say Analysts
Monday, October 14, 2024 - 12:04pm | 736Analysts see China as one of the biggest opportunities for apparel company Lululemon Athletica Inc (NASDAQ:LULU). With international sales hitting 50% of total revenue in the coming years, a stimulus in China could offer a potential catalyst to offset macroeconomic concerns. The Lululemon Athletica...
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Tesla Robotaxi Day Event 'More Fanfare Than Substance': 8 Analysts On Cybercab, Optimus, Autonomous Vehicle Vision
Friday, October 11, 2024 - 12:26pm | 1399Analysts say Tesla Inc‘s (NASDAQ:TSLA) stock could continue to slide after the lack of clear business plans for Robotaxis and no updates on the lower-cost production vehicle, following the highly anticipated Robotaxi Day on Thursday. The Tesla Analysts: Wedbush analyst Daniel Ives...
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Nike Stock Takes Hit After Q1 Earnings: Analysts Expect Comeback To Take Time With 'Uncertain Path'
Wednesday, October 2, 2024 - 11:29am | 902Nike Inc's (NYSE:NKE) first-quarter financial results showed that a turnaround by incoming CEO Elliot Hill could take longer than expected and come with increasing challenges, according to analysts. The Nike Analysts: RBC Capital analyst Piral Dadhania maintained a Sector Perform rating and...
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Costco's Strong Q4 Performance Sparks Mixed Analyst Reactions As Stock Slides
Friday, September 27, 2024 - 10:35am | 1003Costco Wholesale Corporation (NASDAQ:COST) shares were down in early trading on Friday, even after the company reported upbeat results for its fiscal fourth quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Costco...
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Lowe's Set For 'Delayed Benefits' From Macro Demand Improvements, Says Optimistic Analyst
Tuesday, September 24, 2024 - 11:58am | 329Last month, Lowe’s Companies Inc (NYSE:LOW) reported mixed results for its fiscal second quarter. According to Oppenheimer, the Federal Reserve's previous easing cycles suggest that demand in the home improvement sector tends to improve, though there is a "potentially substantial lag."...
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Pinterest Has Room To Monetize, Says Bullish Analyst
Tuesday, September 24, 2024 - 11:25am | 399Pinterest Inc (NYSE:PINS) stock climbed in early trading Tuesday after Cathie Wood‘s Ark Invest purchased shares. The company offers strong returns on investment to advertisers, according to Oppenheimer. Third-party integrations are also driving improvements to auction density and pricing....
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Nasdaq-Traded Cannabinoid Biotech Corbus Pharma Stock Plunges 60%, But Analysts Say 'Buy The Dip' Now
Monday, September 23, 2024 - 2:01pm | 385Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) received reaffirmed buy ratings from both H.C. Wainwright and Oppenheimer this week, with analysts citing the company's diversified pipeline as a key driver for future growth, despite a sharp stock decline after Novo Nordisk‘s (NYSE:NVO) mid...
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T-Mobile Announces 3-Year AI Plan Analyst Says Could Mean 'Sizable Capital Returns To Shareholders'
Thursday, September 19, 2024 - 1:20pm | 916T-Mobile US Inc (NASDAQ:TMUS) shares were climbing on Thursday, after the company unveiled a three-year AI-focused plan. Here are some key takeaways from the company's Capital Markets Day in San Francisco. Scotiabank On T-Mobile US Analyst Maher Yaghi reiterated a Sector Outperform rating while...
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Adobe Stock Tanks On Disappointing Q4 Guidance: Why These Analysts Say Reaction Was 'Overblown'
Friday, September 13, 2024 - 10:39am | 1096Shares of Adobe Inc (NASDAQ:ADBE) tanked in early trading on Friday, even after the company reported upbeat fiscal third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Matthew Swanson maintained...
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Apple Analysts Mixed After Glowtime Event: iPhone 16 Could 'Drive Upgrades,' But 'Next Year Will Be Better'
Tuesday, September 10, 2024 - 12:32pm | 1140Apple Inc (NASDAQ:AAPL) analysts saw limited details on Apple Intelligence and came away mostly mixed or negative from the Glowtime event held Monday. The Apple Analysts: Bank of America analyst Wamsi Mohan reiterated a Buy rating with a $256 price target. Needham analyst Laura Martin reiterated a...
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Asana Reports Mixed Q2 Results, Management Guidance 'Disappointing Overall,' Says Analyst, Implies Lower 2H Growth
Wednesday, September 4, 2024 - 2:41pm | 898Asana Inc (NYSE:ASAN) shares tanked in early trading on Wednesday, even after the company reported upbeat second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. JMP Securities On Asana Analyst Patrick Walravens maintained a...
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Zscaler Delivers Upbeat Q4 Guidance: 7 Analysts Cut Forecasts On 'Incremental Risk'
Wednesday, September 4, 2024 - 12:12pm | 1648Shares of Zscaler Inc (NASDAQ:ZS) tanked in early trading on Wednesday, even after the company reported upbeat fiscal fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Gabriela Borges maintained a...
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FanDuel's 'Best US Performance' In Q2 Pressures DraftKings To Scrap Surcharge Plan
Wednesday, August 14, 2024 - 11:30am | 1100A decision by DraftKings Inc (NASDAQ:DKNG) to place a winning bet surcharge in high-tax states was met with backlash and shares fell further Monday night after rival Flutter Entertainment (NYSE:FLUT) announced it would not be enacting the same charge. Analysts examine Flutter's Q2 earnings and a...