Citi analysts, led by James Hardiman, adjusted the price target for Polaris Industries (NYSE:PII) shares, reducing it to $57.00 from the previous $73.00. Despite this change, the firm maintained a Neutral rating on the stock.
Seagate Technology shares jumped Wednesday as analysts raised their price targets for the data storage provider's stock after the company's quarterly results topped estimates.
These 173 leaders will help steer the firm as Wall Street readies for a potential flood of dealmaking, from M&A to IPOs.
JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday, while Bank of America (BAC) and Morgan Stanley (MS) release results on Thursday. RBC Capital markets analyst Gerard Cassidy joins Seana Smith and Brad Smith to discuss what investors can expect from Big Bank earnings.
Morgan Stanley raised the firm’s price target on Citi (C) to $109 from $104 and keeps an Overweight rating on the shares. Citi delivered a
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 percent, according to FactSet. Banks make up so much of that gain that if they were excluded from the sector, that figure would fall to 11 percent.
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 32.81% of CCC Intelligent Solutions Holdings Inc (CCCS)’s shares, while financial institutions hold 67.59%.
Sweetgreen (SG) is sinking 6.6% today after Morgan Stanley analyst Brian Harbour significantly reduced his price target on SG stock.
Investment banking revenue in the fourth quarter jumped 35% from a year earlier to US$8.8bn across the five US banks
There were massive winners and massive losers on the ASX in 2024. We bring you 2025 outlooks from three major brokers: Buy, hold or sell?
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup's expansion plans and new product development.
Wipro’s share price is up over 8% after the company reported its quarterly results. Some brokerage houses are however concerned about the IT sector outlook going forward and its implications on the stock-