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☆ Enphase Energy second-quarter revenue forecast disappoints, shares fall
▼ + stars: | 2023-04-25 | by ( Arshreet Singh | ) www.reuters.com time to read: +2 min

Companies Enphase Energy Inc FollowApril 25 (Reuters) - Enphase Energy Inc (ENPH.O) reported market-beating profit in the first quarter on strong sales in Europe, but forecast second-quarter revenue below Wall Street expectations, sending its shares down as much as 17% in extended trading on Tuesday. The company expects second-quarter revenue between $700 million and $750 million, below analysts' estimate of $773 million, according to Refinitiv data. Enphase in February had expected first-quarter revenue in the range of $700 million to $740 million. Raymond James' Molchanov sees revenue growing in the second half of the year with the second quarter remaining flat. The company in March said shipments of its microinverters from Romania are expected to begin in the second quarter of this year.

☆ Here are the top 10 stock analysts of the past decade, according to TipRanks
▼ + stars: | 2023-04-23 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

TipRanks' algorithms calculated the average return and statistical significance of each rating, as well as the analysts' overall success rate. To come up with this list, TipRanks analyzed every stock recommendation made by analysts in the past decade. TipRanks is celebrating a decade of simplifying investment decisions through its data-driven research tools: Here is a list of the 10 best analysts on Wall Street. Bolton's best rating in the past decade has been on ACM Research (NASDAQ:ACMR), a semiconductor equipment manufacturing company. These analysts generated significant returns from their recommendations in the past decade and have notable success rates.

☆ Here are Thursday's biggest analyst calls: Tesla, Amazon, GE, Home Depot, Elanco, SeaWorld & more
▼ + stars: | 2023-04-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Goldman Sachs reiterates Tesla as buy Goldman says Tesla's earnings report on Wednesday was a "negative" but that it's standing by the stock. Bank of America reiterates Amazon as buy Bank of America says it's standing by Amazon heading into earnings next week. Bank of America upgrades WestRock to buy from neutral Bank of America said in its upgrade of the packaging solutions company that it sees "transformation benefits." Bank of America downgrades NetApp to underperform from neutral Bank of America said in its downgrade of the hybrid cloud data services company that it sees weaker demand. Morgan Stanley initiates SeaWorld as overweight Morgan Stanley said in its initiation of SeaWorld that it sees an attractive risk/reward.

☆ Stocks making the biggest moves midday: Tesla, IBM, American Express, AT&T and more
▼ + stars: | 2023-04-20 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

American Express posted earnings per share of $2.40 for the first quarter, below an estimate of $2.66, per Refinitiv. On Wednesday, the casino and resort company posted a beat on first-quarter earnings. The decline comes a day after Zions missed earnings expectations in the first quarter. The company posted earnings of $2.73 per share on revenue of $7.97 billion. The downgrade comes ahead of the defense firm's first quarter earnings report, which is set to release April 25.

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Microsoft, Netflix, Amazon, Sunrun & more
▼ + stars: | 2023-04-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

This is relevant to Apple as we estimate that Google pays Apple ~$20bn for being the default search engine across iOS devices." Goldman Sachs reiterates Microsoft as buy Goldman says it's staying bullish heading into Microsoft earnings next week. Deutsche Bank reiterates Disney as buy Deutsche Bank says it sees an "attractive setup" heading into earnings in early May. HSBC upgrades Nvidia to buy from reduce HSBC said in its double upgrade of Nvidia that it's "all about AI." Deutsche Bank reiterates Amazon as buy Deutsche says it's standing by its buy rating on the e-commerce giant ahead of earnings later this month.

☆ Here are Monday's biggest analyst calls: Tesla, Netflix, Zoom, Biogen, Okta, Amazon, HP Inc. & more
▼ + stars: | 2023-04-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan upgrades HP Inc. to overweight from neutral JPMorgan said in its upgrade of HP Inc . that it sees "resilient revenue and margins." JPMorgan upgrades Ollie's to neutral from underweight JPMorgan said it has more confidence in management's same-store sales guide. JPMorgan downgrades Dell to neutral from overweight JPMorgan said in its downgrade of Dell that HP Inc. is better positioned right now. JPMorgan reiterates Amazon as overweight JPMorgan said it came away "incrementally positive" from Amazon's investor letter last week. JMP downgrades Penn to market perform from market outperform JMP downgraded the stock mainly on valuation.

☆ Raymond James' John Ransom weighs in on UnitedHealth's earnings beat
▼ + stars: | 2023-04-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRaymond James' John Ransom weighs in on UnitedHealth's earnings beatCNBC's Bertha Coombs with John Ransom, Raymond James, joins 'The Exchange' to discuss UnitedHealth.

☆ American Airlines profit forecast disappoints; shares tumble
▼ + stars: | 2023-04-12 | by ( Aishwarya Nair | ) www.reuters.com time to read: +2 min

April 12 (Reuters) - American Airlines Group Inc (AAL.O) on Wednesday forecast first-quarter profit below market expectations, joining rival United Airlines (UAL.O) in signaling a hit from persistently high labor and fuel costs. "We had expected American to come in towards the better end in a similar manner as JetBlue's guidance update provided in mid-March," Syth added. Airlines' shares in 2023The airline industry has been able to survive the broader economic slowdown in the United States, thanks also to tight airline capacity due to shortages of aircraft and spare parts. On an adjusted basis, it forecast a quarterly per-share profit of between 1 cent and 5 cents, compared with its previous forecast of a near break-even. Southwest Airlines Co (LUV.N) closed down 1.4%, United was down 6.5% and Delta was down 2.4%.

☆ American Airlines signals profit hit from rising labor, fuel costs
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

April 12 (Reuters) - American Airlines Group Inc (AAL.O) on Wednesday forecast first-quarter profit below market expectations, joining bigger rival United Airlines (UAL.O) to signal a hit from persistently high labor and fuel costs. The dull outlook pushed its shares more than 8% lower and weighed on other major U.S. airlines. Higher fares amid rising global travel have so far helped the airlines industry mitigate rising costs, but concerns over the sustainability of consumer demand have gained ground against the backdrop of high borrowing costs, inflation and job losses. American had in January said that its fuel price has increased by nearly 70%. However, on an adjusted basis, it forecast quarterly profit per share between 1 and 5 cents compared to analysts' expectation of 6 cents, according to Refinitiv data.

☆ Here's what NFL 'Sunday Ticket' will cost through YouTube TV
▼ + stars: | 2023-04-11 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

For those who already subscribe to YouTube TV, which costs $72.99 a month, the base "Sunday Ticket" package will cost an additional $349 for the season. And though you can bypass the YouTube TV subscription and still snag Sunday Ticket, it will come at a cost. YouTube TV became the newest home of the Sunday Ticket package in December, in a deal that will see the tech giant shell out roughly $2 billion annually for the rights, CNBC previously reported. There was a real opportunity to price this in a smart way, and we worked really closely with the NFL," Oestlien said. The package cost $79.99 a month for the base option, or $149.99 a month for extra features, on top of a DirecTV subscription.

☆ UnitedHealth can estimate 13-16% EPS growth and they won't miss that: Raymond James' Ransom
▼ + stars: | 2023-04-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnitedHealth can estimate 13-16% EPS growth and they won't miss that: Raymond James' RansomJohn Ransom, Raymond James managing director of healthcare equity research, joins 'Power Lunch' to discuss what's at stake in UnitedHealth's earnings results, how long the company can continue to grow and more.

☆ Here are Thursday's biggest analyst calls: Netflix, Apple, Amazon, Microsoft, FedEx, Pinterest & more
▼ + stars: | 2023-04-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Raymond James upgrades FedEx to outperform from market perform Raymond James said and "undeniable" positive change is underway at the shipping giant. "We are initiating coverage of XPO, one of the largest less-than-truckload (LTL) carriers, in North America, with an Outperform rating and a $44 target price." "We are initiating coverage of Skyworks Solutions, with a Buy rating and $150 target price. Raymond James upgrades Wells Fargo to strong buy from outperform Raymond James said the banking giant is well positioned in the current environment. Raymond James initiates Pinterest as outperform Raymond James said it sees "steady user growth" for Pinterest.

☆ Stocks making the biggest moves midday: Costco, Bed Bath & Beyond, AMC, FedEx and more
▼ + stars: | 2023-04-06 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Costco — The wholesale retailer's shares dropped 2% after the company announced sales dipped 1.1% year over year in March. Bed Bath & Beyond — The stock tumbled 7% after the retailer proposed a stock split as it attempts to avoid bankruptcy. Analysts covering the stock welcomed the news, with Raymond James upgrading shares to outperform from market perform Thursday morning. Leslie's , Pool — Shares of pool company Leslie's popped 5.4%, while Pool gained 1%, after both names were upgraded by Loop Capital to buy from hold. Craig-Hallum downgraded the stock to hold from buy and Rosenblatt pulled its rating to neutral from buy following the guidance cut.

☆ These are the countries that will be 'most hit' if oil prices reach $100
▼ + stars: | 2023-04-06 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

The Esso Fawley Oil Refinery, operated by Exxon Mobil, stands in Fawley, U.K., on Thursday, May 14, 2020. The surprise output cut by OPEC and its allies sent oil prices rallying — and analysts say major oil importers like India, Japan and South Korea will feel the most pain if prices hit $100 per barrel, as some have predicted. On Sunday, OPEC+ announced a production cut of 1.16 million barrels per day, in a move that oil markets were not expecting. "It's a tax on every oil importing economy," said Pavel Molchanov, managing director of private investment bank Raymond James. The voluntary cuts by countries in the oil cartel are set to start in May and last till the end of 2023.

☆ Jim Cramer's top 10 things to watch in the stock market Thursday: Wells upgrade, STZ reports, FedEx's new day
▼ + stars: | 2023-04-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Raises price target to $52 from $47. Charles Schwab (SCHW) price target slashed to $65 from $89 at Keefe Bruyette. Analyst keeps an outperform rating on shares, acknowledging risks to near-term earnings outlook, but says the sell-off is now overdone. Evercore ISI lowers price target to $535 from $545, but keeps outperform rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Stocks making the biggest moves premarket: Costco Wholesale, Richardson Electronics, FedEx and more
▼ + stars: | 2023-04-06 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:Richardson Electronics – Shares rose about 0.7% after Richardson Electronics reported a smaller backlog in its third fiscal quarter than it did in the same quarter a year prior. Comparable sales growth was positive when excluded changes in gasoline prices and the impact of foreign exchange, however, with the fastest growth coming outside the United States. Net sales rose 0.5%. Pinterest – Shares rose 1.2% after Raymond James said it initiated coverage of Pinterest with an outperform rating. The firm said it expects steady user growth, as well as "double-digit long-term revenue growth" from product improvements.

Raymond James is bullish on Pinterest , saying that the social media company is on path toward steady long-term growth. It set its price target at $33 price target per share, which implies 20.7% upside from Wednesday's close price. Kessler said Pinterest's high-intent audience can help the company outperform other digital advertising platforms during a macro slowdown. "We expect double-digit long-term revenue growth driven by continued product improvements for both Pinners and advertisers, increasing focus on Shopping/eCommerce, video, and international," Kessler said. Shares of Pinterest were up less than 0.1% Thursday before the bell after falling by 2.3% during the prior trading session.

Raymond James is optimistic on FedEx after the shipping giant announced Wednesday a cost-cutting restructuring plan. He retained his price target of $285 per share, which implies almost 24% upside from Wednesday's close price. DRIVE is FedEx's comprehensive $4 billion cost-cutting plan which includes consolidating FedEx Ground, FedEx Express and other operating companies into FedEx Services. Analyst Thomas Wadewitz has a buy rating on shares and sees the stock rising 13%. FedEx shares were up 1.3% Thursday before the bell.

Raymond James says there's a "textbook buy-on-the-dip opportunity" for shares of Clean Energy Fuels — it could be a volatile ride for investors. The firm upgraded Clean Energy to outperform from market perform. It set a price target of $6 per share, which implies 42.8% upside from Wednesday's close price. Analyst Pavel Molchanov thinks the renewable energy company could see gains as natural gas fuels, including those derived from biogas, play a role in the decarbonization of fleets. Shares of Clean Energy were up 3.3% before the bell Wednesday.

☆ Stocks making the biggest moves premarket: Johnson & Johnson, FedEx, Zions and more
▼ + stars: | 2023-04-05 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

A FedEx delivery man is seen on Chestnut Street in San Francisco on January 11, 2023 as atmospheric river storms hit California, United States. Zions Bancorporation — Shares of Zions Bancorporation rose 3.2% after Baird upgraded the regional bank stock to an outperform rating. Lamb Weston — Shares of the potato processing giant were up about 1% ahead of the company's scheduled earnings release on Thursday. FedEx — Shares of the shipping company gained 3.1% in premarket trading after FedEx announced a dividend hike and a corporate reorganization. FedEx said it will raise its dividend by 10%, consolidate its different business divisions and change its executive compensation packages.

☆ Here are Wednesday's top analyst calls of the day: Disney, Apple, Amazon, Dutch Bros, Meta & more
▼ + stars: | 2023-04-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Bank of America reiterates Disney as buy Bank of America said Disney remains "best-in-class." Piper Sandler reiterates Apple as overweight Piper said its survey checks show Apple is still a top pick for teens. Bank of America upgrades Livent to buy from neutral Bank of America said the lithium company's "value proposition" has increased. " Wedbush upgrades Dutch Bros to outperform from neutral Wedbush upgraded the coffee chain and said it sees more upside. Bank of America reiterates Apple as buy Bank of America raised its price target on Apple to $168 per share from $158 and said it sees iPhone trends stabilizing.

☆ Jim Cramer's top 10 things to watch in the stock market Wednesday: New dawn for JNJ, Disney push, Meta upgrade
▼ + stars: | 2023-04-05 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Meta Platforms (META) price target raised to $250 from $225 at Jeffries. Federal Realty (FRT) price target lowered to $111 from $118 at Piper Sandler. Bank of America raises price target for Apple to $168 from $158, keeps a neutral rating on shares. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Stocks making the biggest moves midday: Nvidia, Palantir, Western Alliance, Johnson & Johnson and more
▼ + stars: | 2023-04-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

The Western Alliance Bancorporation logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. This development would give U.S. government customers and industry partners access to enterprise-grade capabilities by Palantir and Microsoft. Western Alliance also said it has enough liquidity to cover the remaining uninsured deposits. Johnson & Johnson — Shares rose about 3%. Conagra Brands — The packaged goods food company rose 3% after topping Wall Street's expectations on the top and bottom lines for the recent quarter, according to FactSet.

UnitedHealth shares are well-positioned to have a strong 2023, according to Raymond James. Analyst John Ransom upgraded shares of UnitedHealth to strong buy from outperform. UnitedHealth shares are down 7% in 2023, lagging the S & P 500's 6.8% advance. UNH YTD mountain UNH in 2023 Ransom said that many of the policy overhangs on UnitedHealth, which accounted for his previous downgrade in December, are now past the company. Raymond James sees these measures as "a win for the industry as it buffers the initial impact and buys time for behavior changes.

☆ Raymond James upgrades UnitedHealth and Cigna to strong buy
▼ + stars: | 2023-04-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRaymond James upgrades UnitedHealth and Cigna to strong buyJohn Ransom, Raymond James, on his bullish call on two insurance stocks.

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