Reiteration Archives - Page 11 of 399

2 minute read

Larimar Therapeutics’ Friedreich’s Ataxia Investigational Drug Differentiated From Biogen’s Marketed Drug

May 21, 2:39 PM

Larimar Therapeutics announces FDA lift of partial clinical hold on nomlabofusp (CTI-1601) for Friedreich's Ataxia. Data from Phase 2 study shows well-tolerated treatment with significant frataxin level increases.

BIIB

1 minute read

Apparel Company VF’s Fortune Will Not Turn For The Better, Says Analyst

By Shivani Kumaresan

May 21, 2:28 PM

Wedbush analyst Tom Nikic reiterated a Neutral rating on VF Corp shares, lowering the price target from $15.5 to $13. Nikic's checks suggest continued business challenges, with Vans being a significant issue. The analyst cut FY24-26 EPS forecasts and noted declining e-commerce traffic for The North Face and Vans. The company's highly-levered balance sheet adds further pressure.

VFC

2 minute read

Li Auto’s Strategic Adjustments And Upcoming Model Launches Position It for Future Success, Says Goldman Sachs

By Anusuya Lahiri

May 21, 2:20 PM

Goldman Sachs analyst reiterated Buy rating on Li Auto with $43.6 PT. Q1 revenue missed estimates, but new launches and sales network expansion expected to drive growth. Stock down nearly 30% in past 12 months.

FTLS

3 minute read

Zoom Contact Center, AI Are ‘Key Highlights’: 8 Analysts Dive Deeper Into Q1 Results

By Priya Nigam

May 21, 1:11 PM

Zoom Video Communications were down on last check Tuesday, after the company reported upbeat first-quarter revenues and earnings.

3 minute read

Target Q1 Earnings Preview: Could Price Cuts Overshadow Results? ‘Competitive Dynamics In TGT’s Markets,’ Analyst Says

By Chris Katje

May 21, 12:48 PM

Target reports first-quarter financial results May 22. Investors and analysts may quickly turn their attention to the future with the company announcing price cuts.

TGT

5 minute read

Why Is Palo Alto Networks’ Stock Tanking After Beat-And-Raise Quarter? 10 Analysts Weigh In On ‘Positive Momentum’

By Priya Nigam

May 21, 12:21 PM

Shares of Palo Alto Networks dipped in early trading on Tuesday, although the company reported upbeat revenues and earnings.

IBM

2 minute read

Netflix Stock Hits 52-Weeks High After NFL Deal, Ad-Supported Plan Update: Analyst Says ‘The Common Theme Here Is Advertising’

By Chris Katje

May 20, 9:11 PM

Netflix's focus on advertising could be paying off according to an analyst. An update on users, new advertising partners and NFL games are catalysts to support the advertising growth.

GOOG

3 minute read

NVIDIA Q1 Earnings Preview: Analysts Anticipate Strong Results, Top AI Stock — ‘Best Secular Idea In All Of Technology’

By Chris Katje

May 20, 5:43 PM

Analysts expect a beat and raise for Nvidia's first quarter. Here are the key items to watch according to analysts.

NVDA

3 minute read

Zoom, Snowflake, Intuit Face Short-Term ‘Choppiness,’ But Long-Term Gains Will Follow: JPMorgan

By Hayden Buckfire

May 20, 2:53 PM

Zoom, Snowflake, Intuit, and Workday have had mixed success. JP Morgan analyst remains optimistic for long-term growth, but expects short-term volatility.

INTU

2 minute read

Nvidia Set For Steady Gains With Software-Centric Shift And Blackwell Transition, Analysts Say

By Anusuya Lahiri

May 20, 2:16 PM

Analysts expect strong performance for Nvidia with improved supply. Morgan Stanley analyst Joe Moore reiterated an Overweight rating on Nvidia with a price target of $1,000.

AMD