Dow Jones, Nasdaq, S&P 500 weekly preview: Apple, Amazon earnings and Fed meeting

MasterCard (MA) PT Lowered to $540 at Evercore ISI, Maintains Top Pick

Evercore ISI analyst David Togut lowered the price target on MasterCard (NYSE: MA) to $540.00 (from $545.00) while maintaining a Outperform rating.

The analyst comments "Following the 1Q24 earnings call, trimming our 2024-2026 EPS estimates primarily on FX headwinds. For 2024, MA maintained their FX neutral... More

Amazon.com (AMZN) PT Raised to $246 at MoffettNathanson

MoffettNathanson analyst Michael Morton raised the price target on Amazon.com (NASDAQ: AMZN) to $246.00 (from $230.00) while maintaining a Buy rating.

The analyst comments "We are comfortable with revenue assumptions and think a focus on Amazons cost centers is the opportunity... More

Amazon.com (AMZN) PT Raised to $210 at Roth/MKM

Roth/MKM analyst Rohit Kulkarni raised the price target on Amazon.com (NASDAQ: AMZN) to $210.00 (from $205.00) while maintaining a Buy rating.

The analyst comments "AMZN reported an impressive 1Q beat with revenue coming close to high-end guide and op income materially... More

AMD, Qualcomm and Apple unlikely to deliver 'clean beats' - Lynx Equity Strategies

As AMD (NASDAQ: AMD), Qualcomm (NASDAQ: QCOM), and Apple (NASDAQ: AAPL) prepare to disclose their earnings reports, analysts at Lynx Equity Strategies are cautious. With expectations tempered, the consensus points towards cautiously positive earnings announcements, albeit without the anticipated "clean... More

Alphabet (GOOGL) PT Raised to $200 at Argus

Argus analyst Joseph Bonner raised the price target on Alphabet (NASDAQ: GOOGL) to $200.00 (from $170.00) while maintaining a Buy rating.

The analyst comments "We are maintaining our BUY rating on GOOGL and raising our target price to $200 from $170. Alphabet remains an advertising juggernaut despite... More

Elon Musk 'is back' says Morgan Stanley after China visit

Elon Musk's recent visit to China sparked significant interest and optimism from analysts at Morgan Stanley, who declared "he's back" in a note to clients Monday.

While the trip was clearly aimed at securing approval for Tesla's (NASDAQ: TSLA) self-driving technology in China, the implications run deeper, said the bank.

Morgan Stanley's... More

RBC Capital Out Positive on Tesla (TSLA) Endorsement Re: FSD in China

RBC Capital analyst Tom Narayan reiterated an Outperform rating and $293.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "What do we think? Winning FSD in China would be significant. It would unlock a significant fleet of Tesla vehicles able to charge subscription fees. This is central to our investment thesis on... More

Apple iPhone 15 sell-through better than iPhone 14 - UBS

In a note to clients Monday covering tech giant Apple (NASDAQ: AAPL), analysts at UBS said the iPhone 15 sell-through is better than the iPhone 14 in the total mix, but there are fewer Pro and ProMax models.

The investment bank said its sell-through analysis that indicates moderating declines in key markets like China and solid growth in... More