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Top related persons:
Mark McLaughlin - 3 McLaughlin - 3 Macquarie - 1 Jefferies - 1 Reddit - 1 Ronald Josey - 1 OpenAI - 1 Josey - 1
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China 3Q24 Robinhood Underperform Thursday's JD.com Snowflake Las Vegas
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Search resuls for: "Mark McLaughlin"


3 mentions found


☆ Friday's analyst calls: Chinese e-commerce giant upgraded, chemicals stock to rally 30%
  + stars: | 2024-05-17 | by ( Samantha Subin Fred Imbert | Samantha Subin | Fred Imbert | ) www.cnbc.com   time to read: +8 min
Given this outlook, the firm lifted its price target to $70 from $65, reflecting 24% upside from Thursday's close. — Samantha Subin 6:20 a.m.: Citi trims price target on Roblox, cites slower bookings growth Citi cut its price target on Roblox to $40 from $52 a share as the gaming platform grapples with a deceleration in bookings growth. "We are updating our model to account for 1Q24 results and our latest outlook," wrote analyst Jason Bazinet. For 2025, Citi now expects bookings growth of 14% versus 21%, or 4% below consensus. The firm expects bookings growth of 10% in 2026, which is 11% below consensus.
Persons: Macquarie, Jefferies, Reddit, Ronald Josey, OpenAI, Josey, – Samantha Subin, Mark McLaughlin, McLaughlin, — Samantha Subin, Jason Bazinet, DAUs, Bazinet, Craig Siegenthaler, Siegenthaler, Robinhood, — Fred Imbert, Morgan Stanley downgrades Baidu, Morgan Stanley, Gary Yu, Yu, Ellie Jiang, JD, Jiang, Laurence Alexander, Alexander Organizations: CNBC, DuPont, OpenAI, Bank of America, Citi, Baidu, Macquarie, Jefferies, DuPont de Nemours Locations: China, 3Q24, Robinhood, Underperform, Thursday's, JD.com
☆ Buy this financial stock as protection against economic troubles and rate hikes, BofA says
  + stars: | 2023-09-11 | by ( Brian Evans | ) www.cnbc.com   time to read: +1 min
Bank of America says Raymond James Financial is well protected from macroeconomic headwinds, making it an attractive investment option compared to its peers The firm initiated coverage of Raymond James stock on Monday with a buy rating as well as a $122 per share price target. Raymond James stock is little changed from the start of the year. RJF YTD mountain Raymond James stock. Analyst Mark McLaughlin says Raymond James' diversification and potential ability to navigate future macroeconomic headwinds better than its peers underpinned the bullish outlook. The analyst added that Raymond James' moves during the Federal Reserve's quantitative easing cycle, prior to interest rate hikes, have helped the firm be prepared for any future liquidity needs.
Persons: Raymond James Financial, Raymond James, Mark McLaughlin, RJF, McLaughlin, — CNBC's Michael Bloom Organizations: of America
☆ Insiders keep saying that Snowflake CEO Frank Slootman could soon step down but Slootman says he's not leaving
  + stars: | 2023-06-26 | by ( Ellen Thomas | ) www.businessinsider.com   time to read: +3 min
Frank Slootman became CEO of data cloud company Snowflake in April 2019. Snowflake CEO Frank Slootman tells Insider that ongoing rumors that he could soon step down are completely untrue. You are regurgitating competitive FUD," Slootman told us in his famously direct, no-nonsense style. "Frank Slootman is not leaving his position as Chairman and CEO of Snowflake," a spokesperson for the company told Insider. Slootman joined Snowflake as CEO in April 2019, ahead of its IPO in September 2020.
Persons: Frank Slootman, he'll, Mark McLaughlin, Snowflake, Slootman, McLaughlin, Bob Muglia's, Ellen Thomas Organizations: Palo Alto Networks, SEC, Qualcomm Locations: Snowflake, Las Vegas
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