FMP
Jan 15, 2025 11:17 AM - Davit Kirakosyan
Wells Fargo Beats Q4 Expectations, Shares Gain 5%
Wells Fargo (NYSE:WFC) shares rose over 5% intra-day today after the bank delivered stronger-than-expected fourth-quarter results for 2024. The report showcased solid earnings per share (EPS) and robust net interest income (NII), affirming the company’s strategic progress. The bank posted an EPS of ...
Jan 15, 2025 11:11 AM - Davit Kirakosyan
Citigroup Surprises with Strong Q4 Results and $20 Billion Buyback Plan, Stock Up 4%
Citigroup (NYSE:C) delivered a robust fourth-quarter performance, exceeding market expectations on both profit and revenue, and announced a $20 billion share buyback program, boosting investor confidence. The news sent the bank’s stock climbing more than 4% intra-day today. For the quarter, Citigrou...
Jan 15, 2025 11:08 AM - Davit Kirakosyan
Spotify Poised for Continued Growth, Price Target Raised to $540 at UBS
Spotify (NYSE:SPOT) shares rose more than 5% intra-day today after UBS analysts increased their price target for the stock to $540, up from $485, while maintaining a Buy rating. This upgrade reflects optimism about the streaming giant’s sustained growth trajectory and strategic initiatives expected ...
Jan 15, 2025 11:06 AM - Davit Kirakosyan
Exelixis’ Price Target Raised at Truist, Shares Rise 2%
Exelixis (NASDAQ:EXEL) shares rose more than 2% intra-day today after Truist Securities analysts increased their price target on the stock to $42, up from $38, while reaffirming a Buy rating. The move reflects optimism about the company’s solid performance and promising outlook, particularly as its ...
Jan 15, 2025 11:03 AM - Davit Kirakosyan
Eli Lilly: Dominating the Diabesity Market with Long-Term Growth Potential
BofA Securities analysts reaffirmed a Buy rating for Eli Lilly (NYSE:LLY) with a price target on the stock of $997. The company stands out as a premier opportunity within the large-cap biopharma sector, driven by its dominant position in the rapidly expanding obesity and diabetes treatment markets. ...
Jan 15, 2025 11:00 AM - Davit Kirakosyan
SentinelOne Positioned for High Growth, Oppenheimer Starts Coverage at Outperform
Oppenheimer analysts initiated coverage on SentinelOne (NYSE:S) with an Outperform rating and a price target of $32 on the stock. The cybersecurity firm is positioned for significant growth, driven by a revamped leadership team, innovative product offerings, and expanding market opportunities. Senti...
Jan 14, 2025 12:31 PM - Davit Kirakosyan
Visa Upgraded to Buy Amid U.S. Growth Prospects and Positive Catalysts
Seaport Global Securities analysts upgraded Visa (NYSE:V) from Neutral to Buy, setting a price target of $359, which reflects Visa's favorable positioning for 2025, particularly in the U.S. market, and its potential to outperform consensus estimates for revenue and earnings this year. Visa’s strong ...
Jan 14, 2025 12:28 PM - Davit Kirakosyan
Reddit Price Target Raised to $197 Amid Strong User Growth and Monetization Potential
Piper Sandler analysts raised their price target on Reddit (NYSE:RDDT) to $197 from $150, maintaining an Overweight rating on the stock. The revision reflects the platform’s promising growth trajectory, underpinned by increasing user engagement and monetization opportunities. Recent data from Reddit...
Jan 14, 2025 12:26 PM - Davit Kirakosyan
Joby Aviation's Prospects Soar, Price Target Raised at Needham
Needham analysts raised their price target for Joby Aviation (NYSE:JOBY) from $8 to $10 while maintaining a Buy rating, which reflects the company’s robust financial position and its strong potential in the emerging eVTOL (electric vertical takeoff and landing) market. The update follows insights sh...
Jan 14, 2025 12:21 PM - Davit Kirakosyan
DoorDash Price Target Raised Amid Strong Earnings Trajectory and Execution Confidence
Bernstein SocGen Group analysts raised the price target for DoorDash (NASDAQ:DASH) from $175 to $210 while maintaining an Outperform rating on the stock. The updated outlook reflects the company’s robust long-term earnings potential and improved operational execution, positioning it as a standout in...
