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Nike To Gain From Innovation Reacceleration And Strengthening Inventory Backdrop, Goldman Sachs Analyst Says

By Shivani Kumaresan
June 12, 1:55 PM
Goldman Sachs analyst Brooke Roach has reiterated a Buy rating on Nike with a target price of $118. Roach is optimistic about Nike's innovative strides, especially ahead of the F4Q earnings call scheduled for June 27. The analyst anticipates detailed discussions on Nike's future innovations and strategies for scaling these developments.

NKE

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3 minute read

GameStop Analyst Lowers Price Target After ‘Rambling Presentation By Roaring Kitty’: Does Video Game Company Have ‘Enough Runway To Appease Its Cult-Like Shareholders’?

By Chris Katje
June 12, 1:40 PM
Shares of video game retailer GameStop Corporation (NYSE:GME) have traded higher in recent weeks on optimism from the return of Roaring Kitty (aka Keith Gill) and several share offerings

BTC

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2 minute read

Apple & Mastercard’s Move Have Raised The Competition For PayPal: BofA Analyst

By Lekha Gupta
June 12, 1:20 PM
The analyst maintains a Neutral rating on PayPal due to competitive challenges from new services like Tap to Cash and tokenization plans from Apple and Mastercard. Despite sensible moves by PayPal's leadership, the complex competitive landscape may limit its growth and stock performance.

AAPL

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2 minute read

Meta Faces Rising Risk Of Free-Cash-Flow Burn As Creator Payouts Evolve, Says Analyst

By Shivani Kumaresan
June 12, 12:58 PM
BMO Capital analyst Brian Pitz reiterated a Market Perform rating for Meta Platforms with a price target of $450, highlighting the growing pressures on social media platforms to increase creator payouts to retain quality content. Pitz noted that enhancing payouts for longer-form content could raise Meta's annual revenue costs by $3-5 billion.

META

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1 minute read

Goldman Sachs Analyst Questions Autodesk’s Revenue Growth And Total Addressable Market Targets

By Anusuya Lahiri
June 12, 12:40 PM
Goldman Sachs analyst maintains Sell rating on AutoDesk Inc with lowered price target of $225. Believes company has strong competitive positioning and may achieve 40% operating margins in long term. Concerns about sustainability of FCF due to internal investigation.

ADSK