Dow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reports

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Walt Disney (DIS) PT Lowered to $128 at Evercore ISI

May 8, 2024 5:18 AM EDT

Evercore ISI analyst Vijay Jayant lowered the price target on Walt Disney (NYSE: DIS) to $128.00 (from $130.00) while maintaining a Outperform rating.

The analyst comments "DIS sold off 10% against a flat tape despite a broadly healthy 2Q print (in line revenue; beats... More

CFRA on Apple (AAPL): 'we think these upgrades...will help drive a return to growth'

May 7, 2024 12:38 PM EDT

CFRA analyst Angelo Zino reiterated a Buy rating and $210.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL is fully revamping its iPad line-up with a larger 13-inch iPad Air and new M4 chips (from M2) for iPad Pros. The Pros also possess a... More

Apple (AAPL) announces new iPad Pro and M4 chip

May 7, 2024 11:07 AM EDT

Apple (NASDAQ: AAPL) announced its M4 chip on Tuesday at its "Let Loose" event. The chip will be coming to Apple's next generation of devices, beginning with the iPad Pro.

It is said the M4 chip in the new OLED iPad Pro will help improve AI-related tasks in iPadOS. The new iPad Pro also has upgraded camera modules to take better images, as well as an adaptive flash to improve capture for document scanning tasks.

During the event, Apple shed light on the AI capabilities of the M4 chip, boasting a new... More

BofA Securities Positive on Apple (AAPL): 'Another qtr of buyback authorization and div increase'

May 7, 2024 9:32 AM EDT

BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $230.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "

During the F2Q earnings call, mgmt. announced that the Board of Directors had authorized an additional $110bn for share buybacks,... More

Palantir Technologies Inc. (PLTR) PT Raised to $9 at RBC Capital

May 7, 2024 6:18 AM EDT

RBC Capital analyst Rishi Jaluria raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $9.00 (from $5.00) while maintaining a Underperform rating.

The analyst comments "Palantir reported a beat-and-raise, which was largely priced in (especially with today's 8% intra-day gain vs. the IGV +1%)... More

Palantir Technologies Inc. (PLTR) PT Raised to $25 at Citi

May 7, 2024 5:44 AM EDT

Citi analyst Tyler Radke raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $25.00 (from $23.00) while maintaining a Neutral rating.

The analyst comments "In what is always a mass of unique metrics to unpack, PLTRs Q1 results showed... More

Palantir Technologies Inc. (PLTR) PT Raised to $20 at Deutsche Bank

May 7, 2024 5:21 AM EDT

Deutsche Bank analyst Brad Zelnick raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $20.00 (from $18.00) while maintaining a Sell rating.

The analyst comments "We intend to do more work to try and identify refence customers beyond some of the examples on... More