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Search resuls for: "Strategic Education"


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Here are Wednesday's biggest calls on Wall Street: Barclays reiterates Tesla as equal weight Barclays lowered its price target on Tesla to $180 per share from $225 and said it sees a negative catalyst heading into earnings. Wells Fargo reiterates Microsoft as overweight Wells raised its price target on the stock to $480 per share from $460. Barclays reiterates Broadcom as overweight Barclays raised its price target on Broadcom to $1,500 per share from $1,405. Wells Fargo reiterates Goldman Sachs as overweight Wells said it gives a "gold star" to Goldman coming out of earnings. Truist reiterates Amazon as buy Truist raised its price target on the stock to $216 per share from $195.
Persons: Tesla, Mizuho, RCL, Hancock Whitney, Raymond James, it's, Vernova, Wells, AAPL, TD Cowen, Jefferies, Morgan Stanley, NVDA, Goldman Sachs, Goldman, Maxim, Truist Organizations: Street, Barclays, Royal Caribbean, Citi, GE, HSBC, Biotech, Apple, Microsoft, Broadcom, Education, Strategic Education, Guggenheim, Automotive, Netflix Locations: China, Gulf
Investors want to get ahead of a potential rally on shares of Strategic Education as the company's earnings strengthen, Bank of America said. Analyst Heather Balsky upgraded the education stock to buy from neutral while pulling back her price target by $9 to $90. "We see upside to sales and margins driven by its post-COVID recovery, improved marketing effectiveness, and tight cost control," she said in a note to clients Friday. STRA YTD mountain Strategic Education, year to date Balsky said recovery has been hurt by processing delays for international students at its Australian college. And Balsky added that margins should also beat expectations if sales growth comes in better than expected.
Persons: Heather Balsky, Balsky, Torrens, Strayer, — CNBC's Michael Bloom Organizations: Strategic Education, Bank of America, Capella Locations: U.S, Strayer, New Zealand, Australia
Xpeng — The electric car maker stock declined 5% after the company reported a larger-than-expected loss in the second quarter. XPeng reported a loss of 2.8 billion yuan, while analysts polled by Refinitiv had forecasted 2.13 billion yuan. Ross Stores reported second-quarter earnings per share of $1.32, beating the $1.16 expected from analysts polled by Refintiv. Deere reported earnings of $10.20 per share on revenue of $15.8 billion. Analysts polled by Refinitiv called for earnings of $8.20 per share and revenue of $14.25 billion.
Persons: Xpeng, XPeng, Refinitiv, FactSet, Estee Lauder, Nio, Alibaba, JD.com, PDD, , Alex Harring, Michelle Fox Organizations: Strategic Education, Bank of America, Ross Stores, Refintiv . Revenue, Nvidia, FactSet, Deere Locations: China
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