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Intuitive Machines Set For Liftoff: $500M Revenue Target By 2028, Positive EBITDA in 2026, Says Analyst
Thursday, May 22, 2025 - 12:36pm | 410Barclays analyst David Strauss initiated coverage on Intuitive Machines (NASDAQ:LUNR) with an Equal-Weight rating and price forecast of $13. The rating reflects optimism about the company’s diverse growth prospects, partly negated by uncertainties around government funding, industry...
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Fundstrat's Tom Lee Says Economists Predicting A Recession With Certainty Are 'Dead Wrong': 'In My 30 Years, I've Never Seen...'
Thursday, May 15, 2025 - 7:06am | 736Tom Lee, co-founder and research head at Fundstrat Global Advisors, expressed optimism about the current market scenario, notwithstanding the recent volatility. What Happened: Lee identified key indicators suggesting that the worst market decline may have passed and predicted a...
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Goldman Sachs, Barclays, JPM Walk Back US Recession Forecasts After 90-Day US-China Tariff Truce — Fewer Fed Cuts Expected In 2025
Wednesday, May 14, 2025 - 6:34am | 452Major brokerages have gone back on their U.S. recession forecasts after a 90-day tariff pause between U.S. and China. What Happened: Goldman Sachs reduced its U.S. recession odds from 45% to 35%, and Barclays ruled out a recession completely. J.P. Morgan now predicts the likelihood at less than 50...
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Barclays Flags Macy's, Kohl's Risks During Consumer Weakness; Highlights Gildan, Levi's For Strength
Monday, April 28, 2025 - 2:15pm | 522Barclays analyst Paul Kearney on Monday initiated coverage on the shares of Gildan Activewear Inc (NYSE:GIL) and announced a price forecast of $51. The analyst initiated coverage on Macy’s Inc (NYSE:M) and Columbia Sportswear Co (NASDAQ:COLM) with an Equal Weight rating and announced a price...
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Chipotle Stock Faces Bearish Charts Despite Upbeat Q1 Estimates And Price Target Revisions
Wednesday, April 23, 2025 - 6:58am | 854Chipotle Mexican Grill Inc. (NYSE:CMG) will report its first-quarter earnings after market close on Wednesday. Here’s what its charts and recent price revisions by analysts indicate. What Happened: Chipotle is expected to report earnings of $0.28 per share, representing a 12% increase from...
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UBS Cuts iPhone Sales Forecast For December Amid Stiff Competition From Rivals, Maintains Neutral Rating
Thursday, January 2, 2025 - 7:22am | 686After Apple Inc.’s (NASDAQ:AAPL) market share fell in China in the third quarter of 2024, UBS has forecast weaker iPhone sales in the month of December. What Happened: UBS analyst David Vogt, has lowered iPhone sales forecast for December, citing declining demand and falling market share in...
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US Stocks Expected To Open In Red As Investors Eye Tesla Earnings: Gold Surges, Crude Slips As Analysts Predict A Stall In Risk Rally
Wednesday, October 23, 2024 - 7:25am | 1245A risk-off mood persists on Wall Street as the index futures point to a marginally lower start on Wednesday after the tech-led rebound witnessed in the previous session. Nvidia Corp. (NASDAQ:NVDA) fell in premarket, followed by Apple Inc. (NASDAQ:AAPL) and Tesla Inc. (NASDAQ:TSLA). Chipmakers and...
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Morgan Stanley Analysts Optimistic After Q3: Fed Rate Declines 'Should Drive Robust Growth' In Asset Management
Thursday, October 17, 2024 - 2:10pm | 521Morgan Stanley (NYSE:MS) stock received price target increases from analysts after beating Street estimates and showing strength across multiple company segments in third-quarter financial results. The Morgan Stanley Analysts: Barclays analyst Jason Goldberg maintained an Overweight rating and...
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Apple's iPhone 16 Cycle Faces Headwinds: Analyst Warns Of Weaker Demand, Macro Pressures, Potential Early Production Cuts
Tuesday, October 1, 2024 - 3:02pm | 547Barclays analyst Tim Long maintained an Underweight rating on Apple Inc (NASDAQ:AAPL) with a price target of $186. Long noted there was much news about increased iPhone builds in early July, a few weeks after the introduction of Apple Intelligence. Based on the analyst’s recent supply chain...
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Methanex Analyst Says $2B Acquisition Will Be An Overhang On Shares
Tuesday, September 10, 2024 - 11:47am | 351Shares of Methanex Corp (NASDAQ:MEOH) have been on a downtrend since the company announced it had inked a definitive agreement to buy OCI Global‘s international methanol business. Concerns around the transaction risks associated with the acquisition are unlikely to be "easily assuaged" in the...
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Is Bristol-Myers Squibb's Stock Rally Justified? Bull Vs. Bear Analysts On Q2 Earnings
Monday, July 29, 2024 - 11:59am | 408Bristol-Myers Squibb Co (NYSE:BMY) on Friday reported upbeat second-quarter results. The report came amid an exciting earnings season. Here are some key analyst takeaways. Barclays On Bristol-Myers Squibb Analyst Carter Gould downgraded the rating to Underweight, while maintaining the price target...
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Swiftonomics To The Rescue! Taylor Swift's 'Eras Tour' To Inject $1.2B Into Rebounding UK Economy, Says Barclays
Thursday, May 16, 2024 - 4:49am | 657Global pop sensation Taylor Swift is anticipated to drive a significant economic boost for the United Kingdom with her upcoming “Eras Tour,” according to a recent report. What Happened: Barclays, the British bank, has projected that Swift’s “Eras Tour” will contribute...
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Meta's Q1 Earnings: Most Analysts Support AI Strategy, While One Says 'Use Meta As A Source Of Funds,' Questions Its Long-Term Value
Thursday, April 25, 2024 - 2:25pm | 1811Meta Platforms Inc (NASDAQ:META) reported its first-quarter 2024 earnings, revealing a revenue of $36.45 billion, which surpassed analyst estimates. Despite this positive revenue performance, Meta Platforms’ shares declined by 15% in after-market trading due to lower-than-expected revenue in...
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American Express' Q1 Wins Keep Analysts Steady In Their Views
Monday, April 22, 2024 - 11:17am | 482American Express Company (NYSE:AXP) reported its first-quarter results, with 6% year-on-year card member spending growth. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. BMO Capital Markets On American Express Analyst James Fotheringham...
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Tesla Stock Fell Over 9% After Past 4 Earnings Reports: Fund Manager Offers Advice On How Elon Musk Can Break Woeful Streak
Thursday, April 18, 2024 - 2:52am | 762Tesla, Inc.’s (NASDAQ:TSLA) fundamentals have been on the wane for an extended period, with the financial results testifying to the fact. A fund manager on Wednesday noted that the stock has been down in earnings reaction in each of the past four quarters. What Happened: Tesla’s shares...