Reiteration Archives - Spark Newswire

1 minute read

Kroger To Gain Traction From Households And Traffic Growth – Analyst Bullish On Future Sales

June 20, 1:35 PM

Kroger Company's strong Q1 earnings beat and growth in digital sales set a positive trajectory amid bullish analyst outlooks on future sales and profitability.

2 minute read

Darden Stumbles on Sales, But Analysts Stay Optimistic On Operational Execution: Here’s Why

By Lekha Gupta

June 20, 1:25 PM

Analysts reiterate ratings and price targets for Darden Restaurants (DRI) following Q4 earnings release. EPS beats, sales miss expectations.

DDIV

3 minute read

Elon Musk’s $56B Payday Wins In Landslide: ‘Next Chapter In The Tesla Growth Story’

By Chris Katje

June 14, 11:58 AM

While some expected a close vote on Elon Musk's pay compensation plan, the official results showed overwhelming support. Here's what analysts are saying.

TSLA

3 minute read

Adobe Expects To ‘Deliver In A Bigger Way’: 6 Analysts Address Key Metrics, ‘Positive AI Commentary’

By Priya Nigam

June 14, 11:22 AM

Adobe delivered a "solid" quarter, with NNARR for Creative Cloud being "a bit of a relief," which is what the stock needed, one analyst says.

ADBE

2 minute read

ON Semiconductor Well Positioned For Cyclical Recovery: Analyst

By Anusuya Lahiri

June 13, 1:46 PM

Needham analyst reiterated Buy rating and $92 price target for ON Semiconductor, expecting a cyclical recovery and increase in gross margin.

1 minute read

Broadcom Continues Upside To AI: ‘Uniquely Positioned’ To Grow, Says Analyst After Q2 Results

By Priya Nigam

June 13, 1:22 PM

Broadcom reported strong Q2 results and raised full-year outlook, with analysts praising its potential in AI. AVGO shares climb.

AVGO

2 minute read

DraftKings Stock Can Overcome ‘Wall Of Worry Around Various Regulatory Risks’ Analyst Says: Sizing Up Illinois Taxes, Jackpocket Acquisition

By Chris Katje

June 13, 12:15 PM

Higher taxes in Illinois and losses at Jackpocket could be short-term headwinds for DraftKings, but Goldman Sachs keeps the stock a Buy for future outlook.

DKNG

4 minute read

Tesla Shareholders Meeting 2024 Preview: How To Watch, Elon Musk Compensation Package Explained, Analysts Thoughts On Future If Vote Fails

By Chris Katje

June 12, 5:45 PM

What investors need to know ahead of the 2024 Tesla shareholders meeting and why the vote on Elon Musk's compensation is important for the future.

SPY

2 minute read

Goldman Sachs Analyst Reaffirms Buy on Rubrik Despite Quarterly Losses, Highlights Strong ARR Growth

By Lekha Gupta

June 12, 2:22 PM

Goldman Sachs analyst maintains Buy rating on Rubrik, with a $48 price target. Rubrik reported Q1 results and expects positive growth.

RBRK

1 minute read

DraftKings Emerging As A Leader In $35B North American Online Betting Market, Analyst Says

By Anusuya Lahiri

June 12, 1:57 PM

Needham analyst reiterates Buy rating and $60 price target for DraftKings (DKNG), citing its leadership in $35B online gambling market and favorable legislative environment. DKNG has sustainable customer acquisition strategy and potential for higher tax revenue for states.

DKNG