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Author Archive - Sheryar Siddiq

TD Cowen Reaffirms Buy on Check Point (CHKP), Highlights Veriti Acquisition

Shaul Eyal, an analyst for the firm, emphasized the strategic importance of Check Point Software's recent acquisition and how it may improve the company's standing in the cybersecurity...

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May 28 - News

SharpLink Secures $425M Investment, Will Hold ETH as Primary Treasury Asset

SharpLink Gaming, Inc.

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May 28 - News

Mizuho Lifts Broadcom Target Amid Strong AI Market Prospects

Mizuho Securities raised its price target for Broadcom Inc. (NASDAQ:AVGO) from $250 to $300, while maintaining its Outperform rating, on May 27.

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May 28 - News

CenterPoint Energy’s EPS Forecast Prompts Jefferies To Lift Price Target

Julien Dumoulin-Smith, a Jefferies analyst, reiterated his Buy rating on CenterPoint Energy, Inc. (NYSE:CNP) on May 27 while raising his price target from $42 to $43.

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May 28 - News

Goldman Sachs Boosts Hesai Price Target After Strong Margin Performance

Goldman Sachs revised its outlook for Hesai Group (NASDAQ:HSAI) on May 27, reiterating its Buy rating and increasing the price target from $20.40 to $23.30.

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May 28 - News

Abercrombie & Fitch (ANF) Price Target Trimmed by Raymond James Amid Tariff Concerns

Raymond James analyst Rick Patel updated his price target for Abercrombie & Fitch Co.

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May 28 - News

JMP Maintains Bullish View on Caesars Entertainment (CZR) Despite Q2 Headwinds

Analysts at JMP Securities remain optimistic about Caesars Entertainment, Inc.

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May 28 - News

UBS Sees Misunderstood Strength in Lifestance Health Group (LFST), Upgrades to Buy

UBS analyst Kevin Caliendo raised the rating of LifeStance Health Group, Inc. (NASDAQ:LFST) from Neutral to Buy on May 27, with an unchanged price target of $8.50.

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May 28 - News

UBS Maintains Neutral on Peloton, Sees Modest EBITDA Growth by FY 2026

UBS analyst Arpine Kocharyan maintained a Neutral rating for Peloton Interactive, Inc.

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May 28 - News

BJ’s Wholesale Earns Price Target Hike on Fresh Food Gains, Says DA Davidson

On May 24, DA Davidson maintained its Buy rating and increased its price target on BJ’s Wholesale Club Holdings, Inc.

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May 28 - News

William Blair Reaffirms Outperform Rating on Rocket Pharma Despite Trial Setback

Sami Corwin, an analyst at William Blair, maintained his Outperform rating on Rocket Pharmaceuticals Inc.

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May 28 - News

Wolfe Research Raises Salesforce Price Target, Cites Strong Agentforce Momentum

On May 24, Wolfe Research revised its financial outlook for Salesforce, Inc.

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May 27 - News

Morgan Stanley Reaffirms Overweight on PDD Holdings (PDD), Sees Upside Ahead of Q1 Earnings

Morgan Stanley maintained its price target of $150 while reaffirming its Overweight rating on PDD Holdings Inc. (NASDAQ:PDD) on May 24.

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May 27 - News

Stephens Reaffirms Equal Weight on AutoNation, Highlights $1.45B Auto Loan Securitization

On May 24, Stephens reaffirmed its Equal Weight rating and set a $175 price target for AutoNation, Inc. (NYSE:AN).

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May 27 - News

Weibo Beats Q1 Estimates But Benchmark Sees Growth Concerns

In light of Weibo Corporation (NASDAQ:WB)'s first-quarter 2025 release, Benchmark analysts maintained their Hold rating alongside a price target of $11.70 on the company's shares...

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May 27 - News

KeyBanc Reiterates Overweight Rating on Comcast (CMCSA), Highlights EPIC Universe Potential

Nispel's analysis indicates that EPIC Universe could produce impressive results by 2026, with operating cash flow exceeding $600 million and revenues surpassing $1.75 billion...

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May 26 - News

Williams Trading Cuts Canada Goose (GOOS) to Sell, Cites Weather-Driven Q4 Gains

Williams Trading shifted its position on Canada Goose Holdings Inc.

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May 26 - News

RBC Maintains Sector Perform on AAP, Cites Early Improvement Signs

Advance Auto Parts Inc.

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May 26 - News

Accenture Gets Buy Rating From TD Cowen Despite Booz Allen Market Signals

On May 24, TD Cowen reiterated its Buy rating for Accenture plc (NYSE:ACN) along with a stable $336 price target.

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May 26 - News

Goldman Sachs Maintains Buy Rating on Cameco (CCJ)

Goldman Sachs reaffirmed its Buy rating on Cameco Corporation (NYSE:CCJ) on May 24 following the company's notable 130% year-to-date gain.

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May 26 - News

JPMorgan Hikes AutoZone Price Target Ahead of Q3 Earnings

On May 24, JPMorgan raised its price target for AutoZone Inc. (NYSE:AZO) from $3,830 to $4,350 while keeping an Overweight rating.

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May 26 - News

Cantor Fitzgerald Reaffirms Price Target on SentinelOne (S), Citing Cloud and SIEM Strength

According to his analysis, the cybersecurity company's status as a net exporter and its lack of product dependencies place it in a solid position to weather the current economic...

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May 26 - News

BofA Cuts Deckers’ (DECK) Price Target Amid HOKA Growth Concerns

Nardone voiced doubts about Deckers' HOKA brand's ability to spur growth in the cutthroat U.S. running market after sales slowed in the fourth quarter.

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May 26 - News

Stifel Reaffirms Buy Rating on BCAX After Promising ASCO Data for HPV-Negative Patients

This follows the American Society of Clinical Oncology (ASCO) releasing abstracts after the market's close, which sparked debates regarding competing approaches to treating 1L...

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May 26 - News

Tigress Raises Uber Price Target, Citing AV and AI Upside

The firm's analysts attribute Uber's significant growth prospects to strong ridership and delivery demand, continuous innovation, and fruitful partnerships.

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May 26 - News

Bernstein Ups Ford (F) Price Target, Cautions on H2 Risks

According to Roeska, Ford's strong first-quarter performance in 2025 and probable continued strength in the second quarter are encouraging indicators.

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May 25 - News

TD Cowen Maintains Buy Rating on RTX Corporation (RTX), Lifts PT

According to RTX's Q1 earnings call, the company's "net" tariff EBIT headwind for 2025 is projected to be $850 million, with a 15% higher impact on FCF, coming in at roughly $...

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May 25 - News

Evercore ISI Boosts Intuit (INTU) Price Target on AI Potential and Strong Q3 Growth

On May 24, Evercore ISI analyst Kirk Materne raised his price target for Intuit Inc. (NASDAQ:INTU) from $685 to $785 and kept an Outperform rating.

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May 25 - News

Benchmark Reaffirms Buy on TAT Technologies (TATT) After Major MRO Deal

Benchmark analysts reaffirmed their Buy rating on TAT Technologies Ltd.

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May 25 - News

Raymond James Downgrades Booz Allen on Weak Outlook, Margin Pressures

Raymond James downgraded Booz Allen Hamilton Holding Corporation (NYSE:BAH) from Outperform to Market Perform on May 24, without a price target, following the company's dismal...

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May 25 - News

Northland Upgrades SolarEdge (SEDG) to Market Perform, Cites Strong Solar Demand

With 80% of the 2.6 terawatts awaiting connection coming from solar and battery projects, the analyst underlined the overwhelming presence of solar energy in the U.S.

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May 25 - News

Tesla Robotaxi Launch Could Boost Stock, Says Truist Analyst William Stein

With a steady price target of $280, Truist Securities maintained its Hold rating on Tesla Inc. (NASDAQ:TSLA) shares on May 24.

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May 25 - News

Merus (MRUS) Price Target Raised at BMO After Positive Phase 2 Data

The revision comes after encouraging Phase 2 data for Merus' drug candidates petosemtamab and pembrolizumab (pembro) were released.

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May 25 - News

Benchmark Raises Zoom Communications (ZM) Price Target to $102 After Q1 Report

On May 22, Benchmark analyst Matthew Harrigan reiterated his Buy rating for Zoom Communications Inc.

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May 24 - News

RBC Maintains Outperform Rating on Target (TGT), Cuts PT

The change comes after Target reduced its 2025 guidance due to its first-quarter results.

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May 24 - News

JMP Reaffirms Market Outperform Rating on Workday After Mixed Q1 Report

JMP analysts gave Workday Inc. (NASDAQ:WDAY) a Market Outperform rating on May 23, along with a stable price target of $315.

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May 24 - News

President Trump Endorses Nippon-U.S. Steel Merger, Promises Economic Boost

U.S.

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May 24 - News

Match Group to Reinvest $45M in 2025, Focuses on Gen Z and Tinder Upgrades

Evercore ISI kept its In-Line rating and $32 price target for Match Group Inc. (NASDAQ:MTCH) on May 21.

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May 24 - News

JPMorgan Reaffirms $300 Price Target for Analog Devices After Strong Q2

With a book-to-bill ratio greater than one and a quarter-over-quarter acceleration, Analog Devices Inc.

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May 24 - News

JPMorgan Unveils Center for Geopolitics Amid Global Uncertainty

On May 21, JPMorgan Chase & Co.

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May 24 - News

Baidu Price Target Lowered as AI Monetization Uncertainty Weighs

A notable achievement was the company's AI Cloud, which grew 42% year-over-year, accounting for roughly 26% of the company's core revenue, and achieved margins higher than those...

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May 24 - News

Bernstein Raises XPeng (XPEV) Target to $19 After 330% YoY Delivery Surge

Following the company's Q1 release, a team of Bernstein analysts, led by Eunice Lee, raised their price target for XPeng Inc.

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May 24 - News

GE Vernova Backlog Hits 50 GW; Wells Fargo Sees 2028 Margin Upside

Wells Fargo asserts that, due in part to recent agreements with Duke Energy and NRG Energy totaling about 5.5 GW, GEV has secured a total of 50 GW in orders and slot reservation...

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May 24 - News

Scotiabank Reaffirms $225 Target for Palo Alto Networks After Solid Q3 Results

Scotiabank reaffirmed its Sector Outperform rating and $225 price target for Palo Alto Networks Inc.

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May 22 - News

Visa Launches New API Program to Simplify Payments Integration for Fintechs

The initiative, known as the Visa Commercial Integrated Partners, will improve customer payment experiences by offering advanced application programming interfaces (APIs) that...

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May 22 - News

L3Harris Gets $255 Price Target From JPMorgan After Golden Dome Recognition

On May 21, JPMorgan reaffirmed its Overweight rating and $255 price target for L3Harris Technologies Inc.

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May 22 - News

TD Cowen Raises JPMorgan Price Target to $315 After Investor Day

On May 20, TD Cowen updated its evaluation of JPMorgan Chase & Co. (NYSE:JPM), raising its price target from $305 to $315 while maintaining a Buy rating.

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May 22 - News

Morgan Stanley Maintains $330 Price Target on Autodesk (ADSK) Despite Soft ABI Data

Morgan Stanley maintained its Overweight rating and $330 price target for Autodesk Inc. (NASDAQ:ADSK) on May 21.

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May 22 - News

Dollar Tree Hikes Prices, KeyBanc Boosts EPS Estimates Amid Tariff Pressures

KeyBanc Capital Markets emphasized Dollar Tree's ability to adapt its inventory strategy in response to tariff-related challenges, either by eliminating specific products or sourcing...

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May 22 - News

Bernstein Reaffirms Pfizer Rating After $6B Cancer Treatment Deal

Bernstein analysts reaffirmed their Market Perform rating and $30 price target for Pfizer Inc.

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May 21 - News

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