European stocks mixed; Euro banking sector, Meta Platforms in the spotlight
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Colgate-Palmolive Company (CL) PT Raised to $95 at RBC Capital
April 29, 2024 6:35 AM EDTRBC Capital analyst Nik Modi raised the price target on Colgate-Palmolive Company (NYSE: CL) to $95.00 (from $88.00) while maintaining a Sector Perform rating.
The analyst comments "Another impressive print for CL, displaying robust topline growth with upside coming from pricing and volume. Margin strength was... More
Colgate-Palmolive Company (CL) PT Raised to $92 at Wells Fargo
April 29, 2024 5:48 AM EDTWells Fargo analyst Chris Carey raised the price target on Colgate-Palmolive Company (NYSE: CL) to $92.00 (from $90.00) while maintaining a Equal Weight rating.
The analyst comments "Most angles of CL valuation will show it at the highest relative premiums to HPC peers... More
Colgate-Palmolive (CL) tops Q1 expectations, raises sales guidance
April 26, 2024 7:03 AM EDTColgate-Palmolive (NYSE: CL) shares climbed 3% following the release of their first-quarter earnings, which surpassed analyst expectations. The company reported an adjusted EPS of $0.86, which was $0.05 higher than the consensus estimate of $0.81. Revenue for the quarter was also above expectations at $5.07 billion, compared to the estimated $4.96 billion.
The company's net sales saw a 6.2% increase, and organic sales grew by 9.8%, signaling robust performance across all divisions and categories. This... More
Meta Platforms Inc. (META) PT Raised to $562 at Rosenblatt, 'Squishy-ish guidance'
April 25, 2024 6:31 AM EDTRosenblatt analyst Barton Crockett raised the price target on Meta Platforms Inc. (NASDAQ: META) to $562.00 (from $520.00) while maintaining a Buy rating.
The analyst comments "Squishy-ish guidance -- The revenue growth outlook for 2Q24 -- up 14% to 22% Y/Y -- is strong, but decelerating, reflective of comps that get 8 percentage points tougher Q/Q, and also of a 3 percentage point tougher foreign exchange backdrop and the lack of 1Q24's... More
Meta Platforms Inc. (META) PT Raised to $520 at MoffettNathanson, 'a more attractive entry point for Meta investors'
April 25, 2024 6:23 AM EDTMoffettNathanson analyst Michael Nathanson raised the price target on Meta Platforms Inc. (NASDAQ: META) to $520.00 (from $185.00) while maintaining a Buy rating.
The analyst comments "Management guided to second quarter 2024 revenues in the range of $36.5 to $39 billion, which at the midpoint of $37.75 billion implies year-over-year growth of +18%. Yes, that is a marked deceleration from the... More
Meta Platforms Inc. (META) PT Lowered to $500 at Deutsche Bank
April 25, 2024 5:32 AM EDTDeutsche Bank analyst Leo Horowitz lowered the price target on Meta Platforms Inc. (NASDAQ: META) to $500.00 (from $540.00) while maintaining a Buy rating.
The analyst comments "Meta is entering an investment cycle. We have been here a couple of times before, and each time it ended the same waygood for META's longer-term equity value. This time, Meta is making bigger investments in AI than we anticipated, which will likely result in Capex being much higher, for far... More
Meta Platforms Inc. (META) PT Raised to $510 at Roth/MKM, 'Buy On Weakness; AI Moat Now Deeper'
April 25, 2024 4:58 AM EDTRoth/MKM analyst Rohit Kulkami raised the price target on Meta Platforms Inc. (NASDAQ: META) to $510.00 (from $500.00) while maintaining a Buy rating.
The analyst comments "META shares were down as much as -15% last night despite a clean beat on 1Q expectations and... More
Meta Platforms Inc. (META) PT Lowered to $570 at RBC Capital
April 25, 2024 4:45 AM EDTRBC Capital analyst Brad Erickson lowered the price target on Meta Platforms Inc. (NASDAQ: META) to $570.00 (from $600.00) while maintaining a Outperform rating.
The analyst comments "META's Q1 was solid in terms of top-line/ad demand trends - the issue is an accelerated, multi-year AI... More
