Eli Lilly earnings ahead, Toyota lifts annual guidance - what's moving markets

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Chipotle Mexican Grill (CMG) PT Raised to $3,100 at Deutsche Bank

February 7, 2024 5:32 AM EST

Deutsche Bank analyst Lauren Silberman raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $3,100.00 (from $3,000.00) while maintaining a Buy rating.

The analyst comments "CMG's 4Q print should be a win for the Bulls even against a high bar. CMG delivered a... More

Toyota's (TM) records impressive 3Q performance

February 6, 2024 8:27 AM EST

Toyotas (NYSE: TM) 3Q operating profit reached ¥1.68 trillion with an operating profit margin of 14%, surpassing market expectations. The robust performance was driven by strong sales of high-margin vehicles, particularly hybrid electric vehicles (HEVs), which saw a YoY increase of 46%. Improved earnings per vehicle also contributed to the positive results.

Toyota considered the impact of scandals at group companies, including associated compensation, in... More

JPMorgan on Toyota Motor (7203:JP) (TM): 'We think 4Q guidance seems conservative'

February 6, 2024 6:55 AM EST

JPMorgan analyst Akira Kishimoto reiterated an Overweight rating and JPY3,300.00 price target on Toyota Motor (7203:JP) (NYSE: TM).

The analyst comments "Positive: 3Q operating profit of ¥1.68 trillion beat the Bloomberg consensus estimate, and the operating margin also reached a record high of 14%. Toyota Motor... More