Analyst maintains Buy rating on $AMZN with $204 price target. Q1 earnings likely to reflect positive trends, with potential growth from AWS and advertising. Optimistic outlook for eCommerce growth and multiple expansions in 2024. Stock up 0.82% at $176.04.
J.P. Morgan analyst Cory A Carpenter reiterated an Overweight rating on the shares of Roku. Roku is slated to report first-quarter FY24 earnings on Thursday, April 24.
Microsoft Corp. (NYSE: MSFT) will report its fiscal Q3 2024 earnings, with analysts expecting $2.83 EPS and $60.769B revenue. Goldman Sachs has a $450 price target and calls Microsoft one of the most compelling investment opportunities in the tech industry.
Stifel's Chris O'Cull shifts stance on Papa John's International to Hold, citing pragmatic near-term outlook. Despite lowering the price target to $60 amidst market turbulence, O'Cull emphasizes the stock's resilience. With -1% domestic comparable sales in Q1, challenges persist, particularly in a fiercely competitive market.
Morgan Stanley analyst maintains Overweight rating for Apple, lowers price target from $220 to $210. Expects slight upside to March revenue but significant June guide-down. Potential for relief rally and squeeze higher. AAPL shares down 12% YTD, can be accessed through VGT and XLK ETFs.