Tag: Price Target

4 Walmart Analysts Raise Price Targets After Q2 Earnings Beat: ‘Leader and Market Share Gainer’

August 19, 2022
analystBusiness & MarketsCompanieseconomyMarketsPrice TargetstocksWalmart
0 Comment

Walmart Inc. reported impressive second-quarter earnings growth and reiterated its full-year guidance. On Tuesday, Walmart reported second-quarter adjusted EPS of $1.77 on revenue of $152.8 billion. Both numbers exceeded consensus analyst estimates of $1.62 and $150.8 billion, respectively. Revenue was up 8 percent from a year ago. Walmart reported 6.5 percent U.S. same-store sales growth,…

Read More

Analyst Cuts Price Target on Shopify but Still Sees 37 Percent Upside: What You Should Know

April 21, 2022
analystBusiness & EconomyCompanieseconomyMarketsPrice TargetShopifystocks
0 Comment

Shares of Shopify, Inc. have shed about 58 percent value since the start of the year and an analyst at Piper Sandler is pointing towards incremental risk for the Canadian ecommerce company over the remainder of the year. The Shopify Analyst Brent Bracelin maintained an Overweight rating on Shopify shares but reduced the price target from $900 to $800, implying…

Read More

Loop Capital Remains Bullish on Disney Despite Slashing Price Target by 13 Percent

April 6, 2022
Business & EconomyCompaniesInvestmentMarketsPrice TargetWalt Disney Co
0 Comment

Loop Capitalanalyst Alan Gould lowered the price target on The Walt Disney Co. to $165 from $190 (19 percent upside) but kept a Buy rating on the shares. The analyst noted the performance of the company’s Parks business is “more than a reopening play,” boosting his operating income potential on the segment to over $6.5 billion versus the…

Read More

Here’s Why Piper Sandler Downgraded AMD, Slashed Price Target By 7 Percent

January 21, 2022
AMDBusiness & EconomyCompanieseconomyMarketsPiper SandlerPrice Target
0 Comment

Piper Sandler analyst Harsh Kumar downgraded Advanced Micro Devices Inc. to Neutral from Overweight with a price target of $130, down from $140. The analyst is cautious on the broader automotive sector, saying the pace of orders and strong pricing “may come into question” as supply normalizes in the second half of 2022. The price target implies that the…

Read More