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Here are Tuesday’s biggest calls on Wall Street: Citi repeats Disney purchase as Citi said Wednesday it is optimistic about Disney’s earnings. “We believe the focus will be on profitability, net DTC (direct-to-consumer) additions, and any updates to the company’s strategic priorities (regarding Hulu, DTC or ESPN). We maintain our Buy recommendation and $145 target price. .” Credit Suisse upgrades Lockheed Martin to outperform underperforming Credit Suisse said in its double upgrade of the aerospace and defense company that it sees room for “multiple rating reviews.” increased confidence in LMT’s growth and an assessment of growth opportunity, and the alignment of our forecasts for EBIT growth between LMT and NOC for the year, which, in our opinion, indicates a relative multiple change in the rating Wedbush again calls Bed Bath & Beyond an underperforming company Wedbush said that sees a “low chance” that the company will be able to raise capital.” Most importantly, gain more time Unfortunately, we see a low chance that the company will be able to raise capital and see this as a “last breath” before applying for protection from bankruptcy.” Goldman Sachs downgraded Tyson Foods from Buy to Neutral in Monday and said he sees cyclical headwinds for the Tyson. “Essentially, the results showed a sharp deterioration in profitability across the organization, especially at Chicken, undermining our confidence that the cumulative effect of recent operational and strategic changes can improve resilience and profitability.” For the company”. Read more about this call here. JPMorgan Confirms Amazon Is Overweight JPMorgan said it remains optimistic about the e-commerce giant’s stock. “However, we remain positive on AMZN shares as: until 2023; 2) North America returns to positive operating income – roughly 2% margin in Q4 post restructuring – helps offset pressure from AWS; 3) Capital investment should come down this year.” UBS echoes Meta’s stance as it buys UBS said it remains bullish on Meta’s stock. “Meta trading at 14x ’24 EPS has a way forward beyond the simple cost discipline with Reels and is our top pick on the web. Bank of America Reiterates Neutral Apple Bank of America maintained its neutral rating on the stock after reviewing Apple’s 10-quarter quarterly report, noting that it sees “another buyback authorization and dividend increase.” “In our view, lower purchase commitments are likely due to lower demand for Apple products as a result of lower consumer confidence and a weaker global macro environment.” like product visibility [is] let’s take a step forward.” “Google has announced that its new conversational AI service, Bard, will be open to trusted testers and then made available to the general public “in the coming weeks.” The service aims to get detailed answers to simple tips, like what to cook for dinner or how to plan a children’s party for a friend.” We are concerned that external conditions pose risks to SSS that will hinder the organic path to profitability as we cut 2023-25E Adjusted EBITDA below consensus.” a recent day of company analyst. “Last Friday we attended CHD Analyst Day. Overall, we are even more positive about the longer-term bullish outlook for CHD and have added it back to the top of the list.” Comp sales showed the strongest association with labor market tensions, which could indicate an increase in compensation sales going forward.” Wells Fargo initiates iRhythm Technologies as overweight Wells initiated a digital medical cardio training company and said it sees growth and share growth potential. “We initiate on IRTC overweight, target price $150. As a leading player in the US $2 billion ACM (Arrhythmogenic Cardiomyopathy) market, IRTC has the potential to nearly double its US market penetration by 2027 and has significant option value through expansion into neighboring markets.” shoe company with the purchase and said it “found its footing”. has historically been underinvested. Goldman Sachs echoes Pinterest as Goldman said it is backing Pinterest stock following its earnings call on Monday. Q1), we do not believe that temporary macroeconomic headwinds are changing the company’s medium and long-term opportunities for platform evolution against which management is acting.” call here about it.
Credit: www.cnbc.com /
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