FMP
Mar 31, 2025 2:53 PM - Davit Kirakosyan
Citi Trims Cummins Target to $360 Amid Freight Slowdown, But Keeps Bullish Outlook
Citi lowered its price target on Cummins (NYSE:CMI) from $430 to $360, maintaining a Buy rating despite near-term headwinds in the commercial vehicle market. As a result, shares fell around 2% intra-day today. Citi cited a weaker freight environment and recent cuts to North American truck production...
Mar 31, 2025 2:50 PM - Davit Kirakosyan
Truist Upgrades Celsius to Buy, Shares Soar 6%
Celsius Holdings (NASDAQ:CELH) shares surged more than 6% intra-day today after Truist Securities upgraded the company to Buy, lifting its 12-month price target from $35 to $45, as the firm shifts focus toward the company’s long-term growth potential following its Alani Nu acquisition. Analysts note...
Mar 31, 2025 2:48 PM - Davit Kirakosyan
BofA Stands Firm on AppLovin Buy Rating Despite Short-Seller Allegations
BofA Securities kept its Buy rating and $580 price target on AppLovin (NASDAQ:APP), reaffirming confidence in the mobile ad tech company following a short-seller report that questioned its business practices and long-term viability. Analysts responded to a recent critical report from Muddy Waters, ...
Mar 31, 2025 2:43 PM - Davit Kirakosyan
Stifel Trims Tesla Target to $455 Amid Political Headwinds and Model Y Transition
Stifel lowered its price target on Tesla (NASDAQ:TSLA) from $474 to $455, citing a combination of softening consumer sentiment among Democrats and the upcoming rollout of the refreshed Model Y, known as Juniper, as reasons for near-term delivery pressure. While maintaining a Buy rating, Stifel highl...
Mar 31, 2025 2:38 PM - Davit Kirakosyan
Evercore Reaffirms Bullish Netflix Call, Sees Growth and Pricing Power Driving Long-Term Upside
Evercore ISI reiterated its Outperform rating and $1,100 price target on Netflix (NASDAQ:NFLX), pointing to the streaming giant’s expanding global opportunity, strong execution, and rising profitability as key reasons for optimism. The firm highlighted recent survey work in the U.S. and Japan as rei...
Mar 28, 2025 10:04 PM - Davit Kirakosyan
AAR Plunges 16% Despite Earnings Beat as Revenue Miss, One-Time Charge Weigh on Sentiment
AAR (NYSE:AIR) shares dropped more than 16% today, as the company delivered better-than-expected earnings for the third quarter but fell short on revenue and reported a net loss due to a one-time charge. The company posted adjusted EPS of $0.99, narrowly surpassing analyst expectations of $0.98. How...
Mar 28, 2025 10:00 PM - Davit Kirakosyan
Braze Rises 2% on Strong Revenue Beat and $325M AI Acquisition
Shares of Braze (NASDAQ:BRZE) closed with a 2% gain on Friday, following the software company’s impressive fourth-quarter revenue beat and the announcement of a strategic $325 million acquisition of AI decisioning startup Offerfit. Braze reported Q4 revenue of $160.4 million, marking a 23% year-over...
Mar 28, 2025 9:56 PM - Davit Kirakosyan
Lululemon Tumbles 14% on Cautious Outlook and Tariff Concerns
Shares of Lululemon Athletica (NASDAQ:LULU) dropped over 14% on Friday, after the company issued a disappointing annual forecast, citing growing economic uncertainty and potential fallout from renewed U.S. tariffs under President Donald Trump’s administration. Although the company beat expectations ...
Mar 28, 2025 9:53 PM - Davit Kirakosyan
Deutsche Bank Trims Tesla Price Target Amid Delivery Concerns and Delayed Model Q Rollout
Deutsche Bank lowered its price target on Tesla (NASDAQ:TSLA) from $420 to $345, maintaining a Buy rating but signaling increased caution as the company faces softening demand and a slower-than-expected Model Q launch. The bank adjusted Tesla’s delivery forecasts downward for the first quarter, full...
Mar 28, 2025 9:49 PM - Davit Kirakosyan
Hudson Pacific Properties Upgraded as Liquidity Moves Ease Solvency Fears
BMO Capital upgraded Hudson Pacific Properties (NYSE:HPP) to Outperform, raising its price target to $5.00 from $4.00, suggesting 66% upside potential as the company makes progress on de-risking its balance sheet. Analysts cited the stock’s 53% decline over the past year amid weak performance in bot...
