AT&T Inc (NYSE:T) reported an earnings beat for the first quarter, while its revenues remained flat. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Scotiabank On AT&T Analyst Maher Yaghi reiterated a Sector Outperform rating while raising the price target from $22 to $22.50. AT&T’s wireless […]
Meta Platforms Inc (NASDAQ:META) reported its first-quarter 2024 earnings, revealing a revenue of $36.45 billion, which surpassed analyst estimates. Despite this positive revenue performance, Meta Platforms’ shares declined by 15% in after-market trading due to lower-than-expected revenue in the first quarter and a slightly disappointing outlook for the second quarter, coupled with increased expenses and […]
Lam Research Corporation (NASDAQ:LRCX) reported better-than-expected results for its fiscal third quarter. Here are some key analyst takeaways from the results, which came amid an exciting earnings season. Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating, while raising the price target from $935 to $960. Raymond James analyst Srini Pajjuri maintained an Outperform rating […]
Capcom ADR (OTC:CCOEY) announced a revised full-year consolidated earnings forecast, anticipating a boost from Dragon’s Dogma 2 and Street Fighter 6. For the fiscal year ending March 31, the company raised the net income forecast from ¥40 million ($300,000) to ¥43.3 million ($320,000). The dividend forecast stands at ¥70 ($525) per share for the same […]
Meta Platforms Inc (NASDAQ:META) reported its first-quarter 2024 earnings, revealing a revenue of $36.45 billion, which surpassed analyst estimates. Despite this positive revenue performance, Meta Platforms’ shares declined by 15% in after-market trading due to lower-than-expected revenue in the first quarter and a slightly disappointing outlook for the second quarter, coupled with increased expenses and […]
Needham analyst N. Quinn Bolton upgraded Silicon Laboratories, Inc (NASDAQ:SLAB) to a Buy rating from a Hold rating with a price target of $150. According to the analyst, the company is well-positioned for the semiconductor cyclical recovery. Following the first-quarter earnings report, Bolton expects consensus estimates will reflect a more moderate recovery. The analyst flagged how the management called out […]
Chipotle Mexican Grill, Inc. (NYSE:CMG) shares were climbing in early trading on Thursday, after the company reported higher-than-expected sales and earnings for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. TD Cowen On Chipotle Mexican Grill Analyst Andrew Charles reiterated a Buy rating […]
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Shares of Tesla Inc. (NASDAQ:TSLA) experienced a remarkable 12% increase on Wednesday, marking the strongest session for the electric vehicle (EV) maker since January 2022. This surge occurred despite the company’s Q1 2024 earnings falling short of Wall Street expectations in both earnings and revenue. Investors were seemingly encouraged by Tesla’s commitment to launching more […]