Macerich Co (NYSE: MAC) downgraded & reduced price target by Piper Sandler. Reported Q1 sales of $208.783M & FFO of $0.33. New CEO appointed & withdrew FY24 guidance. Analyst skeptical of turnaround strategy, lowers FFO estimates for FY24 & FY25.
Wedbush analyst maintains Super Micro Computer Inc with Neutral rating and raises price target from $530 to $800, citing sales momentum and concerns about margins and competition in AI server market.
Analyst upgrades Seagate Technology from Neutral to Outperform, with a $100 price target. HAMR technology and demand trends expected to drive profit expansion.
Goldman Sachs maintains a Neutral rating on KO with a $60.00 price target. Analyst Bonnie Herzog highlights KO's robust Q1 organic revenue growth of 11%, exceeding expectations. Despite this, limited EPS growth potential might weigh on the stock in the near term, notes the analyst. Truist and BofA Securities analysts reiterate Buy rating.