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It also raised its price target to $210 from $187, suggesting shares could rise more than 17% from Tuesday's close. He maintained his $2,400 price target, which implies 16.2% upside potential from Tuesday's close. Bank of America's Lorraine Hutchinson reiterated her buy rating while trimming her price target to $100 from $104. Deutsche Bank analyst Krisztina Katai also maintained her buy rating and inched down her price target by $3 to $92. He also lowered his price target on shares to $40 from $42, implying upside of just 5.2% over the next 12 months.

Persons: Baird, Davidson, Raymond James, Pavel Molchanov, Molchanov, — Hakyung Kim, FANG, Betty Jiang, Jiang, Diamondback, John Pancari, Pancari, Marcelo Santos, Santos, LatAm, Santo, Elliott Hill, Bank of America's Lorraine Hutchinson, Hutchinson, Krisztina Katai, Katai, Matthew Boss, Boss, Baird downgrades Harley, Craig Kennison, Harley, Kennison, Fred Imbert Organizations: CNBC, GE, General Electric, Barclays, Diamondback, Diamondback Energy, Endeavor, Endeavor Energy Resources, Management, T, T Bank, Federal Reserve, ISI, EA, JPMorgan downgrades, JPMorgan, MercadoLibre, Nike, Bank of, Deutsche Bank, Harley Locations: Tuesday's, Bank of America's, Hill

Morgan Stanley hiked its price target on Nvidia to $144, implying upside of 16.5%. It also lifted its 12-month price target to $167 from $143, corresponding to 22% upside. Analyst Krisztina Katai stood by her buy rating for the retail giant but upped her price target to $77 from $71. Analyst James Schneider assigned the stock a 12-month price target of $50, which corresponds to a 21% increase from its Friday closing price. — Lisa Kailai Han 5:47 a.m.: Morgan Stanley hikes its Nvidia price target Nvidia should continue rising as its next generation of chips arrives, according to Morgan Stanley.

Persons: Morgan Stanley, Goldman Sachs, Alexander Blostein, Blostein, Lisa Kailai Han, Krisztina Katai, Katai, — Lisa Kailai Han, James Schneider, Schneider, Moore, Joseph Moore, Blackwell, Hopper, Nvidia's, BIRK, ramping, Jay Sole, Fred Imbert Organizations: CNBC, Nvidia, UBS, Exchange, Intercontinental Exchange, Nat Gas, ICE's Energy, Nat, ICE, Deutsche Bank, Walmart Deutsche Bank, Walmart, Verizon, Birkenstock Locations: Friday's, Asia

☆ These stocks are expected to move the most this week on earnings
▼ + stars: | 2024-05-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The first-quarter reporting season is nearing its end, but investors may want to pay close attention to these stocks reporting this week poised to potentially experience volatile moves. A handful of Chinese technology and e-commerce stocks showed up, including Alibaba, Baidu and JD.com. All three stocks are poised to experience moves of about 6% or more. Home improvement stock Home Depot and discount retailer Walmart also made the cut, with both stocks slated to experience moves of roughly 4%. Other stocks poised for potentially big moves include Under Armour , Take-Two Interactive and Applied Materials .

Persons: That's, Jack, Krisztina Katai, Nick Wells Organizations: CNBC Pro, Baidu, Walmart, Deutsche Bank, Materials

Morgan Stanley cut its price target on Tesla after trimming its profitability forecasts. The analyst has a price target of $500, which implies upside of more than 20% over the next 12 months. — Hakyung Kim 6:51 a.m.: JPMorgan raises CrowdStrike price target after earnings beat CrowdStrike is managing to grow quickly while delivering strong results, says JPMorgan. The bank upgraded the retailer to buy from hold, increasing its price target to $195 from $140. — Fred Imbert 5:40 a.m.: Morgan Stanley cuts Tesla price target 2024 will be for electric vehicles, said Morgan Stanley's Adam Jonas, who warns that Tesla could lose money this year.

Persons: Morgan Stanley, Wells, Andrew Nowinski, MongoDB, Hakyung Kim, CrowdStrike, Brian Essex, Essex, — Hakyung Kim, UnitedHealth, Andrew Mok, Mok, Berenberg, Philip Buller, Buller, Bob Jian Huang, Huang, Daniela Bretthauer, Krisztina Katai, — Fred Imbert, Morgan Stanley's Adam Jonas, Tesla, Jonas Organizations: CNBC, HSBC, Target, JPMorgan, Barclays, Medicare, Honeywell, Berenberg, Morgan Stanley Insurance, Progressive, Target . Deutsche Bank Locations: Andrew Mok ., Honeywell's, U.S, Tuesday's

☆ Analysts increasingly believe this retailer is the top holiday pick
▼ + stars: | 2023-11-30 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Analysts on Wall Street think Five Below is the retail stock investors should be buying as the holiday shopping season picks up steam. The report underpins a broader bullish trend for the retailer, analysts say, which is a more cost-sensitive consumer who is partial toward bargain hunting. Analyst Jason Haas noted the popularity of Five Below could improve further as shoppers gear up for the Christmas holiday. FIVE becomes most needs-based during the holiday season and the rollout of Five Beyond (products $6-25) better positions it in the gift-giving category." "All in, we think FIVE is well positioned to outperform in the current environment and will gain share behind several catalysts (e.g.

Persons: Jason Haas, Haas, Krisztina Katai, Katai, Morgan Stanley's Simeon Gutman, Gutman, — CNBC's Michael Bloom Organizations: LSEG, Bank of America, Deutsche Bank

☆ Want to pick a winning retail stock this holiday season? Watch for discounts and deflation
▼ + stars: | 2023-11-22 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +9 min

However, he added, they remain more upbeat compared with last holiday season and should spend more on gifts this year. According to FactSet, analysts anticipate there could be upside of more than 20% ahead, based on average price targets. The e-commerce giant is JPMorgan analyst Doug Anmuth's top pick for the holiday season. "We project US e-comm penetration at 23.4% of adj retail sales this holiday season, +90bps above the 22.5% in 2022," he said. "We think beauty has the potential to be a relevant gifting solution for cash-strapped consumers during the upcoming Holiday season," he said.

Persons: Chad Lusk, Alvarez, Lusk, Martis, LSEG, Inna Kuznetsova, Doug Anmuth's, Doug McMillon, Krisztina Katai, Katai, Michael Lasser, Ulta, Lasser, ToolsGroup's Kuznetsova, Marsal's Lusk, Michael Bloom Organizations: Shoppers, CNBC, Walmart, Target, Retailers, Centric Market Intelligence, Amazon, LSEG, JPMorgan, Deutsche Bank, Costco, UBS, Fed, Black Locations: Lusk, Ulta, Wayfair, Williams, Sonoma

☆ Deutsche Bank says buy these two retail stocks on any post-earnings dip this week
▼ + stars: | 2023-02-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

In a challenging year for retailers, Costco and Dollar Tree stand out as buying opportunities, according to Deutsche Bank. Both companies report earnings this week, following disappointing forecasts for 2023 from the likes of Walmart and Home Depot . DLTR 1Y mountain Dollar Tree is up slightly for the year. Deutsche Bank also trimmed its earnings estimates for Costco 's latest quarter by 2 cents to $3.27 per share. Costco is up about 7% this year, while Dollar Tree has gained 2%.

☆ Black Friday was better than feared for retail stocks — Two potential big winners
▼ + stars: | 2022-11-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Black Friday was better than expected for retailers this year, with discount names Walmart and Costco poised to be among the season's winners, according to Bank of America. The big-box retailer made significant price investments to offer deeper discounts and traffic appeared very strong in stores, Ohmes noted. "Specialty retailers appeared to be relative winners while we observed decent trends across the discounters and department stores," said analyst Krisztina Katai. Morgan Stanley also called out strong traffic results for Lululemon and American Eagle, as well as Abercrombie & Fitch and Victoria's Secret. "These strong traffic results were achieved despite 1) similar or lower y/y discounting levels, & /or 2) discounting activity below total sector averages.

☆ BMO downgrades Target, citing persistent inventory challenges ahead
▼ + stars: | 2022-11-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

BMO Capital Markets is losing faith in Target 's growth story given the challenges it faces ahead. Bania also lowered BMO's price target on the stock to $165 from $190 a share, suggesting a slight 6% advance from Wednesday's close. Bania views dwindling market share as one of the biggest risks for Target ahead, estimating that the company is on pace to lose more than $3 billion in market share this year and headed for more potential losses long term. Katai slashed the bank's price target to $144 a share from $183, suggesting a 7% downside from Wednesday's close. Year to date, the stock has lost nearly 33%, sitting nearly 40% off its 52-week high.

☆ Deutsche names Walmart a top pick, sees more outperformance from the retail giant
▼ + stars: | 2022-11-11 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Even as other retail companies struggle, Walmart is poised to outperform as more consumers look for value, according to Deutsche Bank. Analyst Krisztina Katai named the big-box retailer a top pick, calling the stock a defensive winner that will build on its recent gains. Walmart shares are up nearly 10% in the fourth quarter after popping 6.7% in July-September period. "We think value-focused retailers will continue to gain market share next year on accelerating trade down," she said in a note to clients. Given this, Katai said Deutsche raised its per-share earnings forecast for the third quarter by 2 cents to $1.33.

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