Here's Why Analysts Remained Bullish On Western Digital Post Q3 Analysts reiterated their ratings on Western Digital Corporation's (NASDAQ: WDC) Benzinga · Apr 29, 2022
Here's How Analysts Responded To Mastercard's Q1 Analysts maintained their conviction on Mastercard Incorporated (NYSE: MA) Benzinga · Apr 29, 2022
Morning Brief: Top Financial Stories Dominating on Wednesday, April 27 Reuters Kellogg Sues British Government Over New Sugar Rules Benzinga · Apr 27, 2022
FDA Plans To Convene AdComm For Ardelyx's Tenapanor For CKD Patients On Dialysis The FDA's Office of New Drugs (OND), Center for Drug Evaluation and Research (CDER), has provided an interim response to Ardelyx Inc's (NASDAQ:ARDX) second level of appeal of the Complete Response Letter (CRL) for Xphozah. Ardelyx is seeking approval for Xphozah to control serum phosphorus in adult patients with chronic kidney disease (CKD) on… Benzinga · Apr 25, 2022
Gucci in Focus as China Lockdowns Weigh on Kering Q1 Sales Disruptions from COVID-19 lockdowns in China cast a cloud on forecast-beating first-quarter sales from Gucci owner Kering on Thursday, even as the group pointed to sustained demand from the United States and Western Europe for its high-end fashion and leather goods labels. Group sales for the three months ending in… Asharq Al-Awsat · Apr 23, 2022
Read How Analysts Reacted To Halliburton's Q1 Results Analysts updated ratings and price target for Halliburton Company (NYSE:HAL) after Q1 results. Citi analyst Scott Gruber raised the price target to $48 (an upside of 19.6%) from $44 while maintaining the Buy rating on the shares. Gruber states that expectations for HAL were high coming into the quarter. The analyst utilizes 38% increments in… Benzinga · Apr 20, 2022
Here's Why Citi Added Amazon To Focus List Citi analyst Ronald Josey assumed coverage of Amazon.com Inc (NASDAQ:AMZN) with a Buy rating and price target of $4,100, down from $4,115 (29.7% upside). Josey also added the shares to the firm's Focus List, given its lead eCommerce, Online Advertising, and Cloud and operational efficiencies at its new Fulfillment Centers, physical retail location closures, and… Benzinga · Apr 20, 2022
Citi Downgrades NXP Semiconductors - Read Why Citi analyst Christopher Danely downgraded NXP Semiconductors NV (NASDAQ:NXPI) to Neutral from Buy with a price target of $190, down from $240 (6.8% upside), as his margin expansion thesis has played out. Danely derived his Buy thesis in February 2021 from the anticipation of superior margin/EPS upside and strength from the automotive end market.… Benzinga · Apr 19, 2022
Here's Why Analysts Remained Bullish On Microsoft Despite Price Target Cut Two analysts remained bullish despite slashing their price targets on Microsoft Corp (NASDAQ:MSFT). Citigroup analyst Tyler Radke maintained Microsoft with a Buy and lowered the price target from $386 to $355 (24.8% upside). Amidst rising investor concerns around the sustainability of robust software demand and valuation multiples, Citi analyst Tyler Radke expects MSFT's results to… Benzinga · Apr 19, 2022
Monzo and beyond: How TS Anil put banking in a new light The fintech startup’s boss always hoped it would make waves, but has only recently realised what his own career has meant to people of colour in banking The Guardian - UK · Apr 16, 2022
Why Bank Stocks Like U.S. Bancorp (USB), Goldman Sachs (GS) And Citigroup (C) Are Trading Higher Today The Q1 earnings season is officially underway, with the major US banks reporting on their performance in the three months to the end of March. Benzinga · Apr 14, 2022
Yet Another Analyst Sees Slowdown In PC Shipment Causing Headwind For Intel Citi analyst Christopher Danely saw Intel Corp (NASDAQ: INTC) experience some headwinds as PC shipments fell below Citi's estimates. Benzinga · Apr 12, 2022
Citi Is Bullish On Apple, Comments On Dividend, New Products and Market Value Citi analyst Jim Suva saw "several positive drivers" for Apple Inc's (NASDAQ: AAPL) products and services despite geopolitical risks and consumer spending concerns. Benzinga · Apr 12, 2022
HSBC Slashes Price Targets On Alibaba, Baidu Due to China's Covid Surge, Regulatory Crackdown HSBC analyst Charlene Liu cut the price target on Baidu Inc (NASDAQ:BIDU) to $180 from $195 (31.3% upside) and kept a Buy rating on the shares. The analyst now assumes a worse impact from COVID-19 on the company's core ad and cloud businesses and margins, seeing a recovery only in Q4. Liu reduced the price… Benzinga · Apr 8, 2022
Benzinga · Apr 7, 2022 Will Roblox Investors Have To Endure More Pain? Why This Investor Thinks 'All-Time Lows Are In Its Future' Citigroup Inc (NYSE: C) gave the go-ahead to investors looking to enter the metaverse via Roblox Corp (NYSE: RBLX) on Thursday, but one investor thinks the analyst firm needs to snap back to reality. <
Benzinga · Apr 7, 2022 Read How Analysts Reacted To Simply Good Foods' Q2 Results Citi analyst Wendy Nicholson raised the price target on Simply Good Foods Co (NASDAQ: SMPL) to $48 from $46 (15% upside) and kept a Buy rating on the shares.
Benzinga · Apr 7, 2022 Yet Another Analyst Slashed Alibaba's Price Target, Outlook Following China's Covid Outbreak Benchmark analyst Fawne Jiang reduced the price target on Alibaba Group Holding Ltd (NYSE:BABA) to $220 from $235 (104.3% upside) and kept a Buy rating on the shares. Jiang cut her fiscal Q4 revenue forecasts in China commerce direct sales to reflect the disruption of offline businesses due to COVID lockdowns. Jiang lowered International Retail…
Benzinga · Apr 6, 2022 Citi Slashes Alibaba's Price Target By 12% As COVID Resurgence Looks To Dampen Growth Citi analyst Alicia Yap lowered the price target on Alibaba Group Holding Ltd (NYSE:BABA) to $177 from $200 (59.5% upside) and kept a Buy rating on the shares. Amid the widening spread of COVID cases and city lockdowns, the analyst thinks overall economic activities in China have been negatively affected, which has drained Alibaba's profit…
Benzinga · Apr 4, 2022 Citi Cuts Middleby Price Target By ~12% - Read Why Middleby Corp (NASDAQ:MIDD) price target was lowered to $190 (an upside of 19%) from $215 by Citi analyst Timothy Thein. Meanwhile, the analyst maintained the Buy rating on the shares. Thein reduced Middleby's first half of 2022 margin view citing raw material and supply chain/logistics cost inflation that shows minor reduction signs. As…
Benzinga · Apr 1, 2022 VanEck Analyst Predicts $4.8 Million Bitcoin Price Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock
Benzinga · Mar 31, 2022 Analysts Slash Price Target On This Clothing Company - Read Why Analysts slashed their price target on PVH Corp (NYSE:PVH) following the company's Q4 results. Citi analyst Paul Lejuez lowered the price target to $94 from $105 and kept a Neutral rating on the shares, implying a 21% upside. The analyst noted, though the company delivered strong Q4 earnings, the business remains choppy in the…
Evening Standard · Mar 31, 2022 Turning London’s office blocks green will cost £30 billion, says Savills Under proposed regulations all commercial office buildings will need to register an environmental performance certificate (EPC) by 2025
Benzinga · Mar 28, 2022 Why This Citigroup Analyst Is Turning Bearish: 'Higher Tail Risks' Citigroup Inc’s (NYSE: C) prospects have been hurt by the lack of near-term catalysts and the negative impact of de-globalization, according to Morgan Stanley.
Benzinga · Mar 28, 2022 Why Bank Analyst Is Bullish On Citigroup Following CFO Meeting Citigroup Inc (NYSE: C) shares have lagged the S&P 500 and many of its banking peers so far in 2022, but Bank of America analyst Ebrahim Poonawala said Monday that a recent meeting with Citigroup CFO Mark Mason has him feeling extremely optimistic about the stock's outlo
Axios · Mar 18, 2022 Ignoring abortion access is getting harder for companies New restrictions could soon put more pressure on big businesses to act.