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Stifel on Boeing (BA): 'We think the 787 could be a meaningful cash tailwind in 2024'

Stifel analyst Bert W. Subin reiterated a Buy rating and $280.00 price target on Boeing (NYSE: BA).

The analyst comments "The 787 has a storied place in history with its unveiling as the next-generation aircraft - the 7E7 comprised of over 50% composite materials - to... More

Citi remains 'wildly bullish' on chip stocks

Citi is still "wildly bullish" on semiconductor stocks, based on the current demand trends, the firm stated in a note Thursday.

Analysts at the bank noted stable demand in PCs, handsets, servers (which is 53% of the semiconductor total addressable market), and inventory replenishment.

"We look for at... More

Bath & Body Works (BBWI) stock slides as guidance disappoints

Bath & Body Works, Inc. (NYSE: BBWI) reported a solid fourth quarter, surpassing analyst expectations with adjusted earnings of $2.06 per share, $0.19 higher than the consensus of $1.87. Revenue also exceeded forecasts, coming in at $2.91 billion against an anticipated $2.84 billion. Despite the strong quarter, shares of the company dropped by 8.79% as investors reacted to a disappointing outlook for fiscal 2024.

The company's fourth-quarter net sales saw a marginal increase of 0.8% compared to the same period last year, with the additional week in the quarter contributing... More

salesforce.com (CRM) PT Raised to $330 at Macquarie

Macquarie analyst Sarah Hindlian-Bowler raised the price target on salesforce.com (NYSE: CRM) to $330.00 (from $300.00) while maintaining a Outperform rating.

The analyst comments "CRM delivered again in the final quarter of FY'24; posting revenue of $9.29bn (FactSet cons. $9.22bn) and healthy 12%... More

Snowflake Inc. (SNOW) PT Lowered to $185 at Rosenblatt, 'expect the stock to be down materially off these results'

Rosenblatt analyst Blair Abernethy lowered the price target on Snowflake Inc. (NYSE: SNOW) to $185.00 (from $190.00) while maintaining a Neutral rating.

The analyst comments "Wednesday after the market, Snowflake reported Q4 Product revenue growth of 33%, ~2% above our expectations, and total revenue of $775m (above our $767m and Consensus of... More

Snowflake Inc. (SNOW) PT Lowered to $220 at Deutsche Bank 'Based on updated guidance'

Deutsche Bank analyst Brad Zelnick lowered the price target on Snowflake Inc. (NYSE: SNOW) to $220.00 (from $250.00) while maintaining a Buy rating.

The analyst comments "With more questions than answers coming out of the quarter, and our field work suggesting competition with... More