Dow Jones, Nasdaq, S&P 500 weekly preview: May jobs data in the limelight

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Goldman Sachs Reiterates Conviction Buy Rating on NVIDIA (NVDA) Following Mgmt Meet

June 5, 2024 3:14 PM EDT

Goldman Sachs analyst Toshiya Hari reiterated a Conviction Buy rating and $1,200.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "We attended a group meeting with Founder, President and CEO Jensen Huang in Taiwan on the side of Computex 2024. Mr. Huang discussed his... More

CrowdStrike Holdings (CRWD) PT Raised to $400 at FBN Securities

June 5, 2024 10:13 AM EDT

FBN Securities analyst Shebly Seyrafi raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $400.00 (from $390.00) while maintaining a Outperform rating.

The analyst comments "We retain our Outperform rating on CRWD and raise our PT from $390 to $400 following its strong... More

Barclays Reiterates Overweight Rating on CrowdStrike Holdings (CRWD)

June 5, 2024 5:34 AM EDT

Barclays analyst Saket Kalia reiterated an Overweight rating and $400.00 price target on CrowdStrike Holdings (NASDAQ: CRWD)

The analyst comments "CRWD's net new ARR beat speaks for itself in this challenging macro - so we focus this front page on three forward-looking points to the story: (1) Falcon Flex is helping drive bigger deals that give customers access to CrowdStrike's broader portfolio in a... More

Citi Reiterates Neutral Rating on Bath & Body Works Inc. (BBWI)

June 5, 2024 5:32 AM EDT

Citi analyst Paul Lejuez reiterated a Neutral rating and $48.00 price target on Bath & Body Works Inc. (NYSE: BBWI).

The analyst comments "1Q was a solid qtr with sales/GM beating cons. However, shares traded down ~13% after earnings, primarily on weaker-than-cons 2Q guidance/only a... More

JPMorgan Reiterates Overweight Rating on CrowdStrike Holdings (CRWD)

June 5, 2024 5:03 AM EDT

JPMorgan analyst Brian Essex reiterated an Overweight rating and $400.00 price target on CrowdStrike Holdings (NASDAQ: CRWD)

The analyst comments "CrowdStrike has established itself as a technology leader in the Endpoint Security market with a disruptive platform that has enabled it to... More

JPMorgan Reiterates Neutral Rating on Bath & Body Works Inc. (BBWI)

June 5, 2024 5:02 AM EDT

JPMorgan analyst Matthew Boss reiterated a Neutral rating and $53.00 price target on Bath & Body Works Inc. (NYSE: BBWI)

The analyst comments "We rate BBWI Neutral. The combination of (i) normalizing same-store-sales relative to pre-pandemic +high-single-digit comp growth, (ii) margin recapture opportunity on product costs... More

Goldman Sachs Reiterates Buy Rating on Bath & Body Works Inc. (BBWI)

June 5, 2024 4:49 AM EDT

Goldman Sachs analyst Kate McShane reiterated a Buy rating and $60.00 price target on Bath & Body Works Inc. (NYSE: BBWI).

The analyst comments "We reiterate our Buy rating with a 12-month price target of $60. Our key takeaways from the call include: 1) The top line came in... More

CrowdStrike Holdings (CRWD) PT Lowered to $402 at BTIG

June 5, 2024 4:39 AM EDT

BTIG analyst Gray Powell lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $402.00 (from $432.00) while maintaining a Buy rating.

The analyst comments "CRWD delivered strong FQ125 results and increased its outlook for FY25. Specifically, CRWD posted ARR of $3,647MM / +33% y/y ($212MM net adds) vs our and Street estimates of $3,632MM / +32.9% ($197MM net adds). In addition, CRWD exceeded... More

Mizuho reiterates Meta Platforms (META) as Top Pick, sees 'ample drivers'

June 3, 2024 10:19 AM EDT

Mizuho analyst reiterated Meta Platforms (NASDAQ: META) as a top pick, keeping a Buy rating and $575 price target on the stock in a note to clients on Monday.

The investment firm believes there are ample drivers for the company to pass the stress... More