BlackRock, Inc. (NYSE: BLK) reported better-than-expected Q1 earnings.
Adjusted EPS declined 17% Y/Y to $7.93, beating the consensus of $7.73. The company reported a Q1 revenue decline of 10% Y/Y to $4.24 billion, versus the consensus of $4.25 billion.
Citigroup Inc (NYSE: C) reported strong results for its first quarter.
Citigroup reported first-quarter FY23 net revenue growth of 12% year-over-year to $21.45 billion, beating the consensus of $20.03 billion. EPS for Q1 was $2.19, above the consensus of $1.67.
Raymond James boosted the price target for DexCom, Inc. (NASDAQ: DXCM) from $127 to $138. Raymond James analyst Jayson Bedford upgraded the stock from Outperform to Strong Buy. DexCom shares rose 1.8% to $117.75 in pre-market trading.
JPMorgan Chase & Co. (NYSE: JPM) reported better-than-expected results for its first quarter on Friday.
The bank reported Q1 net revenue (managed) of $39.3 billion, up 25% Y/Y, beating the consensus of $36.2 billion. EPS of $4.10 beat the consensus of $3.41.
TD Cowen boosted the price target for Meta Platforms, Inc. (NASDAQ: META) from $190 to $195. TD Cowen analyst John Blackledge maintained an Outperform rating. Meta shares fell 0.7% to $218.90 in pre-market trading.
Credit Suisse boosted the price target for Apple Inc. (NASDAQ: AAPL) from $184 to $188. Credit Suisse analyst Shannon Cross maintained an Outperform rating. Apple shares fell 0.4% to close at $160.10 on Wednesday.
Wedbush boosted the price target for Microsoft Corporation (NASDAQ: MSFT) from $290 to $315. Wedbush analyst Daniel Ives maintained an Outperform rating. Microsoft shares fell 2.3% to close at $282.83 on Tuesday.
Truist Securities boosted the price target for Murphy Oil Corporation (NYSE: MUR) from $49 to $56. Truist Securities analyst Neal Dingmann upgraded the stock from Hold to Buy. Murphy Oil shares rose 1% to close at $38.71 on Monday.