BofA analyst Sachin Salgaonkar raised the firm's price target on Sea Limited to $96 from $84 and keeps a Buy rating on the shares. Sea shares gained 3.2% in morning trading. In e-commerce, the firm's recent industry checks indicate that momentum of sales like 9.9 has been "strong," ...
The analyst upgraded the e-commerce stock to buy from neutral and raised his price target to $82 per share from $78. BofA ’ s forecast implies nearly 28% upside from Monday ’ s $64.21 close. "Revenue growth and disciplined spending point to healthy margin expansion going forward. We for...
BofA initiated coverage of Globant with a Neutral rating and $202 price target. Globant has navigated the current downturn in discretionary spending “well relative to comps,” but the firm believes this is already reflected in the stock’s elevated valuation and year-to-date share price outperfor...
In addition to these, Baird maintained a Neutral rating on Bank of America but increased the price target following the bank's reported second-quarter earnings per share of $0.90, surpassing consensus estimates. The bank's quarterly performance exceeded forecasts, attributed to robust fee income. I...
Najarian, who reduced JPM’s price target by 47 points to $100 per share, implying less than 2% upside over the next 52-weeks from Thursday’s closing price of $98.12, also said that credit performance in the banking industry is likely to be the most challenged for personal loans and the...
BofA analyst Michael Funk initiated coverage of Monday.com with a Buy rating and $280 price target. As a leader in the collaborative work management software space, on which the firm is bullish entering 2024, the firm sees Monday as positioned to grow revenue at a 30% compound annual growth...
Share © Publicnow - 2023 Latest news about Honeywell International Inc. Deutsche Bank Adjusts Price Target on Honeywell International to $243 From $235, Keeps Hold Rating Nov. 26 MT Industrial Shares Lead Market Higher -- Industrials Roundu...
Futures markets are now fully pricing a rate cut at the Fed's September meeting due to signs inflation is heading back towards target and signals of slowing growth and a loosening labour market. BofA's bull & bear indicator, a measure of market sentiment, jumped to 6.9 from...
BofA increased Nvidia's full year 2025 EPS estimate to $2.87 from $2.81; the 2026 estimate to $4.47 from $3.90; and 2027 to $5.67 from $4.72. The investment firm also reiterated its Buy rating and increased its price target on the stock to $190 from $165.Nvidiashares have flirted wit...
- ally financial (nyse: ally ) is forecasting a 5% decline this year, so it's baked in. but if it's a 6% fall, that's another $50m hit to the company's profits. murphy suggests shorting santander consumer ( sc -0.8% ) with a $10 price target, or more than 25% downside ...