BofA Securities

Semiconductor Stocks Historically Outperform Following 5% Selloff In A Day: Bank Of America
Micron Technology Analysts Remain Bullish After Management Meetings, 'AI ... Could Become An Incremental Driver'
Apple Stock Got Bit By Sellers Thursday: What Happened?
Micron Technology Analysts Remain Bullish After Management Meetings, 'AI ... Could Become An Incremental Driver'
Apple Stock Got Bit By Sellers Thursday: What Happened?
Darden Analysts Breakdown Q4 Results: Olive Garden Lags, LongHorn Steakhouse Outperforms
Samsara Set To Disrupt $19B Telematics Industry: Analyst Predicts AI Dash Cam Expansion

BofA Securities Recent News

Adobe Expects To 'Deliver In A Bigger Way': 6 Analysts Address Key Metrics, 'Positive AI Commentary'
Adobe delivered a "solid" quarter, with NNARR for Creative Cloud being "a bit of a relief," which is what the stock needed, one analyst says.
Broadcom Continues Upside To AI: 'Uniquely Positioned' To Grow, Says Analyst After Q2 Results
Broadcom reported strong Q2 results and raised full-year outlook, with analysts praising its potential in AI. AVGO shares climb.
Kimberly-Clark Gets A Double Upgrade By This Analyst: 'Gross Margins Could Reach 40% By 2030'
Kimberly-Clark goes from Underperform to Buy; Anna Lizzul upgraded the rating and raised the price target from $115 to $160.
Cisco Systems Guidance Understates New Growth Initiatives, Says Bullish Analyst
Cisco Systems expects AI-related orders to surpass $1 billion by fiscal 2025; revenue conversion will commence in the first half of the year.
Broadcom Could Report A Modest Beat For Q2, Says Bullish Analyst
Bullish analyst expects modest beat for Broadcom in Q2 earnings, citing strength in AI. Price target at $1,680.
Goldman Sachs Has Potential For Significant Alpha Generation: Analyst
Goldman Sachs has a Buy rating and price target of $525; Shares declined by 0.9% to $452.47 at last check on Monday.
Ulta Beauty To Recover In Second Half Of 2024: 8 Analysts Dissect Q1 Results
Ulta Beauty's Q1 results beat expectations, but lowered guidance due to competitive pressure. Some analysts have revised forecasts.
Marvell Technology's Revenues To Recover On AI Demand; These 9 Analysts Dive Into Q1 Results
Marvell Technology stock drops after Q1 earnings miss. The company's revenues are expected to ramp in 2H, driven by demand for AI infrastructure.
Does Workday Have 'Some Pockets Of Strength'? 11 Analysts Look At Q1 Results, Outlook
Workday shares fall despite upbeat earnings in early trading. BofA Securities, Stifel, Piper Sandler, Mizuho Securities cut forecasts on macro pressure, slower growth and deal scrutiny.
Intuit Reports Strong Q3 Results, 'Disappointing' Outlook: 6 Analysts On TurboTax Provider
Intuit reports strong results for its fiscal Q3, but shares fell on lower-than-expected guidance.
Why Did Snowflake Cut Margin Outlook After A Solid Q1? 11 Analysts Dive Deeper
Snowflake reported "strong" results for the quarter, with product revenue growing 34% year-on-year to $789.6 million.
Analysts On VF Corp's Tough Road: 'Higher Costs, Softer Sales, And A Higher Tax Rate'
Lowe's Reports Gains Despite Tough Market Conditions: 8 Analysts Break Down Q1 Results
Lowe's (LOW) reported better-than-expected Q1 results during an exciting earnings season. Analysts have mixed views on the company's performance.
Zoom Contact Center, AI Are 'Key Highlights': 8 Analysts Dive Deeper Into Q1 Results
Zoom Video Communications were down on last check Tuesday, after the company reported upbeat first-quarter revenues and earnings.
Walmart Growth Incentives 'Are Hitting Stride', 6 Analysts Explore Q1 Earnings
Walmart shares were highly volatile in early trading on Friday; the company reported better-than-expected results for its first quarter.
How Cisco Systems Performed Ex-Splunk, 8 Analysts Weigh In On Q3 Earnings: Here's Where 'Upside Primarily Came From'
Cisco Systems shares declined after earnings were released, with one analyst noting hwo upside primarily came from services, not product.
Will Home Depot Continue To Weather Macro Challenges? 'Continued Softness In Discretionary Projects,' But 'Compelling Recovery Opportunity,' Say Analysts
Home Depot shares up despite disappointing sales. Analysts expect comp performance to improve in back half of year. Gross margins expand.
Penn Entertainment's Losses Could Be 'Higher For Longer,' Analyst Says
Penn Entertainment shares rose despite disappointing Q1 results and low market share. BofA Securities downgrades to Buy.
Fox's Growth Prospects, Competitive Valuation Stand Out Against Disney, Paramount; Analyst Sees Momentum With Tubi, Sports
BofA Securities' Jessica Reif Ehrlich reiterates Buy rating on Fox Corp with $40 price target. Fiscal 2025 expected to accelerate earnings.
Arm Holdings Poised To Challenge Qualcomm, Intel, AMD In AI, Analysts Predict Growth In Chip Design
Arm Holdings stock drops after disappointing fiscal 2025 guidance, but analysts remain optimistic about AI and revenue growth.
Can Reddit's Solid Momentum Continue? Analysts Say Social Media Company With 'Robust Business Model' Has 'Continued Strong User Growth'
Reddit shares climb after reporting strong Q1 results, beating expectations. Analysts reaffirm Neutral & Buy ratings with higher targets.
Starbucks Analyst Gives 'Likeliest' Reason For Steep Sales Collapse, Rarely Seen 'Outside Economy-Wide Crises'
The recent pace of deceleration in Starbucks same-store sales has rarely been seen "outside economy-wide crises" like the 2008 global financial crisis and the Covid era, according to BofA Securities.
Norwegian Cruise Line Guidance 'Falls Short Of High Expectations': 4 Analysts Dive Into Q1 Earnings
"In an industry where demand is stronger than ever and expectations had increased into the print, a $50mn raise to ‘24 EBITDA guidance was not enough," one analyst wrote.