American Express (NYSE: AXP) reported Q1 results with 6% card member spending growth. Analysts have mixed views, with some raising PTs and some maintaining ratings.
Wedbush analyst Tom Nikic reaffirms an Outperform rating for Skechers USA, setting a price target of $68. With Europe representing over 20% of SKX's sales, challenges in the region dampen near-term expectations.
Streaming leader Netflix reported first quarter financial results that were higher than estimates. The company's outlook and decision to stop reporting subscriber figures are weighing on analysts.
Analyst reiterates Buy rating and $115 PT for Roku Inc (NASDAQ: ROKU), notes tough months but maintains above-consensus view for Q4 2024 and 2025. Expects positive EBITDA in 2024 and FCF growth. Possible headwinds in e-commerce. Stock trading at $57.55.
"Despite a weaker industry outlook, TSMC maintained its overall 2024 revenue guidance and is looking for sequential revenue growth throughout 2024," the analyst wrote.
Mastercard unveils a groundbreaking mobile virtual card app, transforming the integration of commercial cards with digital wallets for a seamless, secure payment experience, first adopted by HSBC Australia and Westpac.