FMP
Apr 1, 2025 12:58 PM - Davit Kirakosyan
TD Cowen Maintains Buy on Johnson & Johnson Despite Talc Settlement Setback
TD Cowen reaffirmed its Buy rating and $185 price target on Johnson & Johnson (NYSE:JNJ) following news that a federal judge rejected the company's latest bankruptcy-based proposal to settle its talc-related lawsuits, which pushed the stock price down more than 5% intra-day today. According to the r...
Apr 1, 2025 12:55 PM - Davit Kirakosyan
Jefferies Stays Bullish on Trip.com, Citing Strong Travel Trends and AI Upside
Jefferies reaffirmed its Buy rating and $77 price target on Trip.com Group (NASDAQ:TCOM), expressing confidence in the company’s ability to deliver on expectations for the current quarter and beyond. Jefferies sees robust domestic demand driving growth in hotel bookings and air ticketing, with volum...
Apr 1, 2025 12:52 PM - Davit Kirakosyan
Kroger Downgraded to Sell as Walmart Reclaims Grocery Dominance
Melius Research downgraded Kroger (NYSE:KR) to Sell, assigning a $58 price target, citing a sharp erosion in the grocery chain’s competitive edge as Walmart reasserts itself as the dominant force in U.S. grocery retail. Analysts reflected on a period from 2013 to 2015 when Kroger nearly rivaled Walm...
Apr 1, 2025 12:47 PM - Davit Kirakosyan
UBS Maintains Neutral on Apple as iPhone Sales Weaken in Key Markets
UBS reiterated its Neutral rating and $236 price target on Apple (NASDAQ:AAPL), noting that iPhone sell-through trends turned negative year-over-year in February, particularly in China and Europe, where the company continues to lose market share. According to UBS’ review of Counterpoint data, global...
Apr 1, 2025 12:43 PM - Davit Kirakosyan
Loop Capital Upgrades Shake Shack to Buy, Shares Rise 2%
Shake Shack (NYSE:SHAK) shares rose more than 2% intra-day today after Loop Capital upgraded the company to Buy, setting a price target of $127, as the firm sees the recent pullback in shares as a compelling entry point for investors. Analysts pointed to the stock’s 25% decline since late January as...
Apr 1, 2025 12:39 PM - Davit Kirakosyan
Walmart’s Upcoming Investor Event Could Highlight Tech Edge, Says Jefferies
Jefferies is reaffirming a Buy rating and $120 price target on Walmart (NYSE:WMT), anticipating that the retail giant’s upcoming Investment Community Meeting will shine a spotlight on its advancing tech capabilities and operating income (OI) momentum. Analysts expect the event, scheduled for April 8...
Mar 31, 2025 10:53 AM - Davit Kirakosyan
Citi Trims Cummins Target to $360 Amid Freight Slowdown, But Keeps Bullish Outlook
Citi lowered its price target on Cummins (NYSE:CMI) from $430 to $360, maintaining a Buy rating despite near-term headwinds in the commercial vehicle market. As a result, shares fell around 2% intra-day today. Citi cited a weaker freight environment and recent cuts to North American truck production...
Mar 31, 2025 10:50 AM - Davit Kirakosyan
Truist Upgrades Celsius to Buy, Shares Soar 6%
Celsius Holdings (NASDAQ:CELH) shares surged more than 6% intra-day today after Truist Securities upgraded the company to Buy, lifting its 12-month price target from $35 to $45, as the firm shifts focus toward the company’s long-term growth potential following its Alani Nu acquisition. Analysts note...
Mar 31, 2025 10:48 AM - Davit Kirakosyan
BofA Stands Firm on AppLovin Buy Rating Despite Short-Seller Allegations
BofA Securities kept its Buy rating and $580 price target on AppLovin (NASDAQ:APP), reaffirming confidence in the mobile ad tech company following a short-seller report that questioned its business practices and long-term viability. Analysts responded to a recent critical report from Muddy Waters, ...
Mar 31, 2025 10:43 AM - Davit Kirakosyan
Stifel Trims Tesla Target to $455 Amid Political Headwinds and Model Y Transition
Stifel lowered its price target on Tesla (NASDAQ:TSLA) from $474 to $455, citing a combination of softening consumer sentiment among Democrats and the upcoming rollout of the refreshed Model Y, known as Juniper, as reasons for near-term delivery pressure. While maintaining a Buy rating, Stifel highl...
