Disney's "new era," AI lifts Arm, Alibaba's income miss - what's moving markets

Go back to Disney's "new era," AI lifts Arm, Alibaba's income miss - what's moving markets

Take-Two Interactive (TTWO) PT Lowered to $180 at Wolfe Research

February 12, 2024 6:11 AM EST

Wolfe Research analyst Peter Supino lowered the price target on Take-Two Interactive (NASDAQ: TTWO) to $180.00 (from $186.00) while maintaining a Outperform rating.

The analyst comments "TTWO is still about GTA, and it looks like GTA slipped a few months. While F3Q'24 GAAP... More

Roth/MKM Continues to like ConocoPhillips (COP)

February 8, 2024 2:18 PM EST

Roth/MKM analyst Leo Mariani reiterated a Buy rating and $122.00 price target on ConocoPhillips (NYSE: COP).

The analyst comments "We rate COP a Buy due to its strong balance sheet, diversified assets, lower base production declines, consistent production growth, and robust returns of... More

Apple (AAPL) ecosystem 'very powerful' despite EU changes - Bernstein

February 8, 2024 9:55 AM EST

Bernstein analyst Toni Sacconaghi said in a note Thursday that the stakes for Apple (NASDAQ: AAPL) are material in regard to its recently announced changes in the European Union (EU).

Recently, Apple announced EU changes to comply with the EU's Digital Markets Act (DMA). The changes go into effect March 7 and allow for side-loading of apps and offer a choice screen for web browsers.

The analyst explained... More

Walt Disney (DIS) PT Raised to $104 at Macquarie

February 8, 2024 8:58 AM EST

Macquarie analyst Tim Nollen raised the price target on Walt Disney (NYSE: DIS) to $104.00 (from $94.00) while maintaining a Neutral rating.

The analyst comments "F1Q results were just about in line on revenue at $23.5bn and ahead on segment OI at $3.9bn... More

ConocoPhillips (COP) tops Q4 earnings estimates

February 8, 2024 8:05 AM EST

ConocoPhillips (NYSE: COP) shares edged slightly higher premarket on Thursday after the company's latest quarterly earnings revealed profit came in above consensus expectations.

The company reported Q4 EPS of $2.40, $0.30 better than the analyst estimate of $2.10.

During 2023, ConocoPhillips noted that it "continued to demonstrate... More

Philip Morris International (PM) revenue boosted by smoke-free products performance

February 8, 2024 7:41 AM EST

Philip Morris International (NYSE: PM) missed the quarterly consensus earnings per share estimate for the fourth quarter, but the company topped revenue estimates. Its shares are down 3.5% premarket.

The tobacco company revealed Q4 earnings of $1.36 per share, $0.09 worse than the analyst estimate of $1.45. However,... More

Walt Disney (DIS) PT Raised to $128 at Wells Fargo, 'EPIC Quarter'

February 8, 2024 6:48 AM EST

Wells Fargo analyst Steven Cahall raised the price target on Walt Disney (NYSE: DIS) to $128.00 (from $115.00) while maintaining a Overweight rating.

The analyst comments "EPIC results. DIS's F1Q24 segment OI beat Street by 12% and Adj. EPS was ahead by... More