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Blogs by Davit Kirakosyan

Jun 30, 2025 11:34 AM - Davit Kirakosyan

Oppenheimer Lifts DoorDash Target to $280 on Strong Growth and Profit Upside

Oppenheimer raised its price target on DoorDash (NASDAQ:DASH) to $280 from $220 while maintaining an Outperform rating, citing accelerating profitability and stronger-than-expected data on order volumes and advertising revenue. The firm highlighted DoorDash’s recent disclosure of $1 billion in adver...

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Jun 30, 2025 11:31 AM - Davit Kirakosyan

Mizuho Upgrades Consolidated Edison to Outperform, Sees Selloff as Buying Opportunity

Mizuho upgraded Consolidated Edison (NYSE:ED) to Outperform from Neutral, raising its price target to $107 from $105, arguing that the recent weakness in shares creates an attractive entry point for a premium utility stock. The firm noted that ED shares have underperformed the UTY index over the pas...

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Jun 30, 2025 11:20 AM - Davit Kirakosyan

BofA Downgrades ProKidney to Underperform on Weaker REACT Outlook

BofA Securities downgraded ProKidney (NASDAQ:PROK) to Underperform from Neutral and cut its price target to $1 from $3, citing a sharply reduced outlook for the company’s sole drug candidate, REACT, targeting diabetic chronic kidney disease. As a result, the company’s shares fell over 10% intra-day ...

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Jun 30, 2025 11:12 AM - Davit Kirakosyan

Citi Reiterates Buy on Cogent, Sees Big Upside Ahead of Key Trial Readout

Citi reaffirmed its Buy rating and $15 price target on Cogent Communications (NASDAQ:CCOI), highlighting a highly favorable risk/reward profile ahead of pivotal data expected in July from the registrational Part 2 of the Phase 2 SUMMIT trial testing bezuclastinib in non-advanced systemic mastocytosi...

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Jun 30, 2025 11:10 AM - Davit Kirakosyan

Guggenheim Boosts Disney Target, Highlights Cost Efficiencies and DTC Strategy

Guggenheim raised its price target on Walt Disney (NYSE:DIS) to $140 from $120 while maintaining a Buy rating, pointing to stronger operating leverage, improving advertising trends, and a clearer path to unified direct-to-consumer (DTC) growth. The analysts cited refined expectations for Disney’s Li...

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Jun 30, 2025 11:08 AM - Davit Kirakosyan

Loop Capital Raises TD Synnex Target on Strong IT Demand and Growth Momentum

Loop Capital raised its price target on TD SYNNEX (NYSE:SNX) to $160 from $150 while reiterating a Buy rating, citing the company’s robust performance in IT distribution and hyperscale solutions, as well as continued momentum across key segments. The firm highlighted TD Synnex’s better-than-expected...

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Jun 27, 2025 12:41 PM - Davit Kirakosyan

Nike Jumps 18% After Q4 Beat and Signs Turnaround Headwinds Are Easing

Shares of Nike (NYSE:NKE) surged over 18% intra-day today after the athletic giant reported fiscal fourth-quarter results that exceeded expectations and signaled that the worst financial impact from its turnaround plan is likely behind it. Nike posted Q4 sales of $11.10 billion, down 12% year-over-y...

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Jun 27, 2025 12:38 PM - Davit Kirakosyan

Concentrix Posts Q2 EPS Miss, But Revenue Beats & Strong Guidance Offers Rebound Potential

Concentrix Corporation (NASDAQ:CNXC) posted second-quarter earnings that came in below expectations, but revenue exceeded forecasts. For the quarter, the firm reported adjusted EPS of $2.70, missing the $2.78 consensus estimate. Revenue rose 1.5% year-over-year to $2.42 billion, slightly above the $...

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Jun 27, 2025 12:35 PM - Davit Kirakosyan

Apogee Shares Surge 8% After Q1 Beat Despite Tariff Headwinds

Apogee Enterprises (NASDAQ:APOG) shares surged over 8% intra-day today after the architectural products manufacturer posted stronger-than-expected first-quarter results and raised its full-year guidance. For the quarter, Apogee reported adjusted earnings of $0.56 per share, beating analyst estimates...

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Jun 27, 2025 12:32 PM - Davit Kirakosyan

Guggenheim Boosts Disney Price Target to $140, Sees Stronger Profit and DTC Momentum

Guggenheim raised its price target on Walt Disney (NYSE:DIS) to $140 from $120 while maintaining a Buy rating, citing improved operating forecasts, resilient theme park trends, and a clearer path to direct-to-consumer (DTC) growth. The firm updated its model to reflect several positives, including l...

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