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Mattel Shares Drop On Q4 Earnings Miss
Thursday, February 9, 2023 - 7:23am | 359Mattel Inc (NASDAQ: MAT) reported a fourth-quarter FY22 sales decline of 22% year-on-year to $1.40 billion, missing the consensus of $1.68 billion. North America segment sales declined 26% Y/Y, and International sales fell 18%. Worldwide Gross Billings for Dolls fell 27% as reported...
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Amazon To Rally Over 48%? Here Are 10 Other Analyst Forecasts For Friday
Friday, February 3, 2023 - 11:03am | 529Wells Fargo boosted the price target for Hershey Co (NYSE: HSY) from $220 to $230. Wells Fargo analyst Chris Carey maintained an Underweight rating. Hershey shares fell 0.8% to $232.44 on Friday. B. Riley Securities raised the price target for Kulicke and Soffa Industries Inc. (NASDAQ: KLIC)...
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Thermo Fisher Scientific To Rally Over 20%? Here Are 10 Other Analyst Forecasts For Thursday
Thursday, February 2, 2023 - 11:36am | 535Keefe, Bruyette & Woods boosted the price target for Evercore Inc. (NYSE: EVR) from $132.5 to $137. Keefe, Bruyette & Woods analyst Matthew Moon maintained an Outperform rating. Evercore shares rose 1% to $133.07 on Thursday. UBS cut the price target for Humana Inc. (NYSE: HUM) from $...
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AMD To Rally Over 26%? Here Are 10 Other Analyst Forecasts For Wednesday
Wednesday, February 1, 2023 - 9:10am | 527Credit Suisse boosted the price target for Mondelez International, Inc. (NASDAQ: MDLZ) from $70 to $76. Credit Suisse analyst Robert Moskow maintained an Outperform rating. Mondelez shares rose 1.8% to $66.61 in pre-market trading. Oppenheimer raised the price target for Amdocs Limited (NASDAQ...
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Investor Optimism Improves Ahead Of Fed's Decision
Wednesday, February 1, 2023 - 4:55am | 319The CNN Money Fear and Greed index showed some improvement in overall sentiment among US investors. US stocks closed higher on Tuesday ahead of the much-awaited policy decision from the Federal Reserve. McDonald's Corp (NYSE: MCD) shares fell 1.3% on Tuesday after the company reported fourth-...
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McDonald's Defensive Appeal Shined Bright In Q4, Analyst Says
Tuesday, January 31, 2023 - 2:42pm | 339Cowen analyst Andrew M. Charles reiterated an Outperform rating on the shares of McDonald's Corp (NYSE: MCD) with a price target of $293. McDonald's reported 4Q adj. EPS of $2.59, which beat the analyst's $2.44 estimate and $2.46 consensus. The analyst noted that...
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Earnings Season In Full Swing
Tuesday, January 31, 2023 - 12:01pm | 1245Good Morning Everyone! ChatGPT creator OpenAI has quietly hired hundreds of international contractors to train its AI tech. Paving the way to replace some software engineers. Cambiar a la suscripción paga Prices as of 4 pm EST, 1/30/23; % YD MARKET UPDATE Last trading day of...
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McDonald's Q4 Earnings Top Estimates; Expects Inflationary Pressures To Continue In 2023
Tuesday, January 31, 2023 - 11:59am | 247McDonald's Corp (NYSE: MCD) reported a fourth-quarter FY22 sales decline of 1.4% year-on-year to $5.93 billion, beating the consensus of $5.69 billion. Global comparable sales rose 12.6%, with 10.3% growth in the U.S. Digital Systemwide sales in the top six markets were...
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Investor Optimism Declines Ahead Of Fed's Rate Decision
Tuesday, January 31, 2023 - 4:02am | 295The CNN Money Fear and Greed index showed some decline in overall sentiment among US investors. US stocks settled lower on Monday, as investors awaited big corporate earnings results and interest-rate decision from the Federal Reserve this week. Ford Motor Co (NYSE: F) shares dropped 2.9% on Monday...
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Volatility Test: VIX Makes an Early Move Higher as Stocks Slide Ahead of Manic Market Week
Monday, January 30, 2023 - 3:37pm | 2342(Monday Market Open) For those who like market news, this week has no shortage. There’s something for everyone with central bank meetings, earnings, and a jobs report all straight ahead. Monday kicked off with heavy selling before the open. This appears to be a situation where things...
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What's Happening With Las Vegas Sands Stock In Wednesday's After-Hours Session
Wednesday, January 25, 2023 - 5:20pm | 354Las Vegas Sands Corp. (NYSE: LVS) shares are trading marginally lower by 0.49% to $54.75 during Wednesday's after-hours session after the company reported worse-than-expected fourth-quarter adjusted EPS and sales results. What Happened? Las Vegas Sands reported quarterly losses...
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McDonald's Is Well Positioned Irrespective Of The Consumer Backdrop, Says Analyst
Wednesday, January 25, 2023 - 4:19pm | 278Credit Suisse analyst Lauren Silberman reiterated an Outperform rating on the shares of McDonald’s Corp (NYSE: MCD) and raised the price target from $292 to $298. The analyst believes MCD strength continued in 4Q22 & overall sentiment remains positive broadly. Consensus...
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Why Grom Social Enterprises Shares Are Trading Lower By 30%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Wednesday, January 25, 2023 - 2:39pm | 1513Gainers Sonoma Pharmaceuticals, Inc. (NASDAQ: SNOA) shares surged 85% to $2.2200. Sonoma Pharmaceuticals and EMC Pharma announced Department of Defense DAPA registration for Microcyn(R) Rx products. Ensysce Biosciences, Inc. (NASDAQ: ENSC) gained 60% to $1.08 after the company reported initiation...
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US Stocks Open Lower; Dow Dips 250 Points
Wednesday, January 25, 2023 - 11:11am | 907U.S. stocks traded lower this morning, with the Dow Jones dropping around 250 points on Wednesday. Following the market opening Wednesday, the Dow traded down 0.74% to 33,484.47 while the NASDAQ fell 1.87% to 11,122.61. The S&P 500 also fell, dropping, 1.26% to 3,966.28. Check This Out: Check...
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Reality Check On Lululemon's Earnings Growth Triggers Downgrade & 15% Price Target Cut By This Analyst
Tuesday, January 24, 2023 - 9:59am | 326Bernstein analyst Aneesha Sherman downgraded Lululemon Athletica Inc (NASDAQ: LULU) from Market Perform to Underperform and lowered the price target from $340 to $290. The analyst said in the last year, the biggest concern on LULU has been the bullish expectations of perpetual...