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Tuesday, March 19, 2024
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Business

Globus Medical Earns an Upgrade at BTIG, Shares Rise

Globus Medical (NYSE:GMED) shares rose more than 2% intra-day today after BTIG analysts upgraded the company to Buy from Neutral, setting a price target...

Mizuho Securities Sees Upside to Meta’s Consensus Estimates

Mizuho Securities analysts highlighted Meta Platforms (NASDAQ:META) as their new Top Pick, maintaining a Buy rating and a price target of $575. The firm's...

HashiCorp Stock Jumps 8 percent Following M&A Rumors

HashiCorp (NASDAQ:HCP) shares surged more than 8% intra-day today following a Bloomberg report suggesting the company is exploring the possibility of a sale. According...

U.S. Steel’s Guidance Misses Estimates

United States Steel (NYSE:X) issued fiscal Q1/24 earnings guidance that fell short of analysts' expectations. The steelmaker anticipates Q1 adjusted EPS to range from...

Nike Slashed to Sell at Williams Trading

Williams Trading analysts downgraded Nike (NYSE:NKE) to Sell from Hold, reducing the price target from $92 to $85. The analysts explained the downgrade by highlighting...

Walmart is selling MacBook Air With M1 for $699, web fans are thrilled

Walmart announced that it will sell its customers MacBook Airs with M1 chips. The giant retailer said the new product sale continued its policy...

Adobe first quarter results beat estimate, shares fall 13 percent on weak revenue forecast

Adobe reported its first quarter results on Friday. Although the software company posted higher earnings, its shares fell by 13 percent due to a...

PagerDuty Shares Drop 8 percent on Guidance Miss

PagerDuty (NYSE:PD) experienced a decline of more than 8% intra-day today as its future outlook failed to meet expectations, despite reporting fiscal fourth-quarter earnings...

Ulta Beauty Drops 4 percent Despite Q4 Beat

Ulta Beauty (NASDAQ:ULTA) surpassed expectations with its fiscal fourth-quarter 2023 earnings and revenue, leading to an updated outlook on its full-year operating margin and...

Micron Shares Gain Following a Price Target Boost by Citi

Ahead of Micron Technology's (NASDAQ:MU) fiscal second-quarter 2024 earnings report scheduled for March 20, Citi Research analysts raised their price target for the company...

Golden Entertainment Started With a Buy Rating at Truist Securities

Truist Securities analysts initiated coverage on Golden Entertainment (NASDAQ:GDEN) with a Buy rating and set a price target of $45 on the stock. The...

Adobe Plunges 14 percent on Weak Outlook

Adobe Systems (NASDAQ:ADBE) shares dropped more than 14% intra-day today after it released guidance for the current quarter that fell short of expectations regarding...

Under Armor Stock Drops by 12 percent after founder Kevin Plank returned as CEO. Is it a Sell?

Under Armor stock fell by 12 percent on Thursday after a Wednesday announcement. Late Wednesday, the apparel and footwear maker said founder Kevin Plank...

Family Dollar to close up to 1000 stores, parent Dollar Tree shares fall after quarter results

Dollar Tree posted quarter results that missed analysts' expectations, and shares fell by up to 13 percent after a reported net loss. On Wednesday,...

Under Armour Slashed to Underperform at Evercore

Evercore ISI analysts downgraded Under Armour (NYSE:UAA) to Underperform from In Line, adjusting the price target from $8.00 to $7.00. The analysts’ decision comes in...

Netflix’s Price Target Raised to $640 at Evercore ISI

Evercore ISI analysts reaffirmed their Outperform rating on Netflix (NASDAQ:NFLX) and elevated their price target from $600 to $640, suggesting an approximate 5% potential...

UiPath Drops 5 percent Despite Q4 Beat

UiPath (NYSE:PATH) saw its shares drop by 5% intra-day today despite the announcement of its Q4 earnings that surpassed analysts' expectations, alongside optimistic projections...

Fisker Stock Drops 43 percent on Possible Bankruptcy

Fisker (NYSE:FSR), an electric vehicle startup facing financial difficulties, has reportedly sought the assistance of restructuring advisers to explore the possibility of filing for...

Maplebear Earns an Upgrade at Bernstein, Shares Rise

Bernstein analysts upgraded Maplebear (NASDAQ:CART) to Outperform from Market Perform, increasing their price target to $43.00 from $30.00. As a consequence, the company’s shares...

Walmart launches pilot workwear style pants project with Unspun to offer sustainable made in USA products

Walmart, the largest retailer in America, is always looking to expand its businesses into valuable products for its customers and web fans. The giant...

What factors contribute to the current strength of Groupon Stock (GRPN)? ER report scheduled for March 15th.

The sentiment on Wall Street toward Groupon Inc. Common Stock (GRPN) is encouraging. The majority of analysts have assigned a Buy rating to GRPN....

Tesla Shares Fall 3 percent on Wells Fargo Downgrade

Tesla (NASDAQ:TSLA) shares declined 3% intra-day today following a Wells Fargo downgrade from Equal Weight to Underweight. The analysts also lowered their price target...

Dollar Tree Stock Drops 14 percent Following Weak Q4 Results

Dollar Tree (NASDAQ:DLTR) shares declined more than 14% intra-day today following the release of its Q4 financial results. The retailer reported earnings of $2.55...

3M Stock Gains 4 percent on Raised Guidance

3M (NYSE:MMM) share rose more than 4% yesterday after the company updated its earnings outlook for the first quarter, now anticipating earnings per share...

Mizuho Securities Believe Fiserv Should Buy Shift4

Mizuho Securities analysts maintained their buy rating and a $156.00 price target for Fiserv (NASDAQ:FISV) amidst ongoing speculation about the possible acquisition of Shift4...

Williams-Sonoma Shares Surge 18 percent Following Q4 Beat

Williams-Sonoma (NYSE:WSM) shares climbed 18% intra-day today following the company's announcement of Q4 results that exceeded expectations. The retailer reported an EPS of $5.44,...

Citi Remains Bullish on AMD

Citi reaffirmed its Buy rating on AMD (NASDAQ:AMD) with a target price of $192, following an assessment of US Semiconductor stocks, focusing on February's...

American Airlines Stock Drops 4 percent on Updated Guidance

Shares of American Airlines (NASDAQ:AAL) dipped over 4% intra-day today following the airline's revision of its financial and operational outlook for Q1. American Airlines now...

Kohl’s Reports Q4 EPS Beat, But Revenues Miss

Kohl’s (NYSE:KSS) outperformed expectations in terms of earnings and gross margin for its Q4, though it presented a mixed picture with revenues and future...

Apollo in Discussions With Paramount Global Over Acquisition

Apollo Global Management entered into discussions with a special committee set up by Paramount Global (NASDAQ:PARA) to explore a potential acquisition or asset purchase. However,...

Oracle Stock Surges 11 percent Following Q3 Beat

Oracle (NYSE:ORCL) unveiled its Q3 earnings yesterday, surpassing expectations set by Wall Street analysts. The company highlighted significant new business achievements, attributing this success...

UK FCA to allow crypto exchange traded products, Bitcoin crosses $72,000

The Financial Conduct Authority (FCA), a UK regulator, said it would not object to requests from recognized investment exchanges to set up a market...

BMO Removes Adobe From its Top Pick List

BMO Capital recently reassessed Adobe Systems (NASDAQ:ADBE) following a creative cloud survey and consequently decided to remove the software company from its top pick...

Alphabet’s Review by MoffettNathanson

MoffettNathanson analysts took a close look at Alphabet (NASDAQ:GOOGL), especially considering the tech giant's shares have dipped 11% in relation to the S&P 500...

Netflix’s Price Target Raised at Oppenheimer

Oppenheimer analysts predict Netflix’s (NASDAQ:NFLX) initiatives, including enforcing stricter password sharing policies, launching ad-supported tiers, and refining subscription options, will fuel the streaming giant's...

Tesla’s Price Target Slashed at Deutsche Bank

Deutsche Bank analysts revised Tesla's (NASDAQ:TSLA) price target downwards to $218 from $250, while still recommending a Buy. The bank anticipates Tesla's first-quarter deliveries...

Choice Hotels Gains After Terminating Plans to Acquire Wyndham

Choice Hotels International (NYSE:CHH) shares gained around 5% intra-day today after the company revealed its decision to withdraw its proposal for acquiring all outstanding...

Costco Shares Plunge 7 percent Following Q2 Results

Costco (NASDAQ:COST) shares experienced a decline of more than 7% on Friday as the company's second-quarter revenue fell short of market expectations, partially due...

DocuSign Shares Gain 4 percent Following Q4 Beat

DocuSign (NASDAQ:DOCU) shares rose more than 4% on Friday after the company announced promising guidance for the upcoming quarter and exceeded expectations for its...

Gap Stock Gains 8 percent on Q4 Beat

Gap (NYSE:GPS) shares rose more than 8% on Friday following the announcement of their fiscal fourth quarter 2023 results, which exceeded analysts' expectations. The apparel...

Palantir’s Price Target Raised to $35 at Wedbush

Wedbush increased its price target for Palantir (NYSE:PLTR) to $35 from the previous $30, reiterating an Outperform rating for the company. The analysts highlighted...

Carvana Earns an Upgrade at RBC Capital, Stock Surges

RBC Capital Markets upgraded Carvana (NYSE:CVNA) from Underperform to Sector Perform, citing an improved risk-reward outlook. Shares gained more than 7% on Friday. The...

Costco reports higher earnings with gold, silver bars sale, shares fall after revenue miss

Costco reported higher than estimated earnings in the second quarter but posted revenue below market estimates, leading to a decline in the share price...

Hugo Boss stock crashes with weak sales outlook, shares fall by 13 percent

  Hugo Boss shares crashed by 13 percent after the company announced that it may fail to meet 2025 sales projections as customer demand is...

Shake Shack Gains 4 percent on TD Cowen Upgrade

Shake Shack (NYSE:SHAK) shares rose more than 4% in pre-market today after TD Cowen analysts upgraded the company to Outperform from Market Perform and...

NVIDIA’s Price Target Raised at Mizuho

Mizuho analysts increased their price target for NVIDIA Corporation (NASDAQ:NVDA) to $1,000 from the previous $850, while maintaining a Buy rating on the stock....

TripAdvisor to be Acquired by Apollo, Bloomberg Says

Apollo Global Management is reportedly considering a bid for Tripadvisor (NASDAQ:TRIP), the travel guidance company, according to a Bloomberg report. TripAdvisor has sought advice...

Micron Technology Raised to Buy at Stifel, Shares Gain 4 percent

Micron Technology (NASDAQ:MU) shares gained more than 4% pre-market today after Stifel analysts upgraded their rating from a Hold to a Buy, lifting the...

Three-decade old Walmart Canada celebrates YBM with birthday party with CEO

Walmart Canada has completed thirty years of serving customers in North America. It celebrated its Year Beginning Meeting (YBM) with Walmart CEO Doug McMillon....

Jefferies Keeps Microsoft as Their Top Pick

Jefferies analysts continue to favor Microsoft Corporation (NASDAQ:MSFT) as their top pick, reiterating a Buy rating and setting a price target of $465 for...
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