Dow Jones, Nasdaq, S&P 500 weekly preview: Q1 earnings season kicks off

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Wells Fargo on Bank of America (BAC): 'A turn in NII should lead to positive operating leverage...'

April 17, 2024 11:01 AM EDT

Wells Fargo analyst Mike Mayo reiterated an Overweight rating and $44.00 price target on Bank of America (NYSE: BAC).

The analyst comments "Headwinds now closer to tailwinds. BAC now expects NII (which beat) to inflect post 2Q24 given deposit pressure easing, better... More

Bank of America (BAC) PT Raised to $37 at BMO Capital

April 17, 2024 8:10 AM EDT

BMO Capital analyst James Fotheringham raised the price target on Bank of America (NYSE: BAC) to $37.00 (from $36.00) while maintaining a Market Perform rating.

The analyst comments "Following BAC's 1Q24 top-line beat, we raise estimates by +3%; higher than previously modeled non-interest income (ECM, advisory,... More

Rosenblatt Previews Netflix (NFLX) Earnings

April 17, 2024 7:25 AM EDT

Rosenblatt analyst Barton Crockett reiterated a Neutral rating and $554.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "Sub growth is the big driver of Netflix's often substantial share volatility after earnings. And guidance for 1Q24 is broad -- net sub... More

UnitedHealth Group (UNH) PT Lowered to $555 at RBC Capital

April 17, 2024 7:06 AM EDT

RBC Capital analyst Ben Hendrix lowered the price target on UnitedHealth Group (NYSE: UNH) to $555.00 (from $596.00) while maintaining a Outperform rating.

The analyst comments "While we are pleased to see some recovery in UNH shares on a betterthan-feared first quarter print and... More

UnitedHealth Group (UNH) PT Raised to $571 at Piper Sandler

April 17, 2024 7:02 AM EDT

Piper Sandler analyst Jessica Tassan raised the price target on UnitedHealth Group (NYSE: UNH) to $571.00 (from $566.00) while maintaining a Overweight rating.

The analyst comments "After a challenging CY23, UHC enters CY24 with restrained growth, balanced benefit design, deliberate care delivery and... More

Netflix (NFLX) PT Raised to $713 at BMO Capital, 'Multiple Paths to Increase AVOD Members & Monetization'

April 17, 2024 6:45 AM EDT

BMO Capital analyst Brian J. Pitz raised the price target on Netflix (NASDAQ: NFLX) to $713.00 (from $638.00) while maintaining a Outperform rating.

The analyst comments "Reiterate Outperform given: 1) rising potential for 2024+ member growth through ongoing paid sharing initiatives, T-Mobile ad tier-shift, and content... More

Analysts raise Netflix (NFLX) targets ahead of earnings release

April 16, 2024 8:48 AM EDT

Macquarie and Guggenheim raised their price targets for Netflix (NASDAQ: NFLX) in notes on Tuesday, ahead of the company's April 18 earnings release.

Guggenheim lifted its Netflix target to $700 from $600, maintaining a Buy rating on the stock. The firm said investor confidence heading into the streaming giant's earnings is high.

Buyside net member add expectations... More

Netflix (NFLX) PT Raised to $700 at Guggenheim

April 16, 2024 6:08 AM EDT

Guggenheim analyst Michael Morris raised the price target on Netflix (NASDAQ: NFLX) to $700.00 (from $600.00) while maintaining a Buy rating.

The analyst comments "Netflix share performance has remained strong in 2024, up 29% vs. 7% for the NASDAQ 100, and investor confidence into earnings is high. Our colleague and sector... More