Oppenheimer analyst Dominick Gabriele maintains American Express (NYSE:AXP) with a Outperform and raises the price target from $208 to $219.
Oppenheimer raises American Express (NYSE:AXP) price target from $208 to $219 Read Post »
Visa Inc. (NYSE:V) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/29/2024 16.39% Barclays $304 → $319 Maintains Overweight 01/26/2024 18.94% Susquehanna $300 → $326 Maintains Positive 01/26/2024 14.93% UBS $305 → $315 Maintains Buy 01/26/2024 12.74% RBC Capital $290 → $309 Maintains Outperform 01/26/2024 14.93% Keefe, Bruyette & Woods $305 → $315 Maintains Outperform 01/26/2024 2.16% Wedbush $270 → $280 Maintains Outperform 01/26/2024 13.47% Raymond James $287 → $311 Maintains Outperform 01/18/2024 -3.31% Mizuho $243 → $265 Maintains Neutral 01/08/2024 9.46% Keybanc $275 → $300 Maintains Overweight 12/20/2023 — Monness, Crespi, Hardt Initiates Coverage On → Neutral 12/14/2023 11.28% UBS $295 → $305 Maintains Buy 12/12/2023 7.63% Jefferies $280 → $295 Maintains Buy 12/05/2023 2.16% BMO Capital → $280 Initiates Coverage On → Outperform 10/31/2023 -11.34% Mizuho $240 → $243 Maintains Neutral 10/30/2023 1.43% Barclays $285 → $278 Maintains Overweight 10/25/2023
Visa Inc. (NYSE:V) Stock Analyst Ratings Read Post »
Barclays analyst Raimo Lenschow maintains Visa (NYSE:V) with a Overweight and raises the price target from $304 to $319.
Barclays raises Visa (NYSE:V) price target from $304 to $319 Read Post »
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target price of $275, raised $20, reflects a 16.5x multiple of projected ’25 EPS, slightly above GD’s long-term historical forward average. We think a modest premium is reasonable given what should be an improving operating margin environment. We cut our ’24 EPS estimate by $0.17 to $14.67 and start ’25’s at $16.63. Q4 EPS of $3.64 vs. $3.58, missed the consensus view by $0.03, but we believe the miss was due entirely to the Gulfstream G700 not being certified by year-end, yielding fewer sales of the G700 in Q4 than expected. We do think GD can recover most of the lost ground on this front in ’24. GD’s book-to-bill ratio in Q4 in Aerospace was a solid 1.2x, and we think this augurs well over
CFRA Keeps Hold Opinion On Shares Of General Dynamics Corporation Read Post »
United Parcel Service’s fourth-quarter earnings, due Tuesday morning, will tell investors a lot about how the economy looks heading into a new year. For the quarter, Wall Street is looking for UPS to report an operating profit of $2.8 billion and earnings per share of $2.44 from sales of $25.4 billion, according to Bloomberg. A year ago, UPS reported an operating profit of $3.2 billion and EPS of $3.62 from sales of $27 billion. Weaker volumes from a slowing economy are partly responsible. Labor negotiations also are to blame — some businesses left the UPS network to avoid being caught in a potential work stoppage. While UPS managed to avoid a strike with the Teamsters union, the new labor deal created another issue. Workers received big wage increases to help offset high inflation in recent years. It is hard for UPS to raise prices all at once to offset labor
UPS Earnings Could Say a Lot About the Economy and Labor Costs — Barrons.com Read Post »
UBS analyst Gavin Parsons maintains General Dynamics (NYSE:GD) with a Neutral and raises the price target from $286 to $296.
UBS raises General Dynamics (NYSE:GD) price target from $286 to $296 Read Post »
General Dynamics (NYSE:GD) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/29/2024 — Alembic Global Downgrades Overweight → Neutral 01/25/2024 13.16% Citigroup $283 → $300 Maintains Buy 01/25/2024 13.16% RBC Capital → $300 Reiterates Outperform → Outperform 10/26/2023 7.51% Susquehanna $270 → $285 Maintains Positive 10/26/2023 -0.41% Wells Fargo $243 → $264 Maintains Overweight 10/11/2023 -0.04% UBS → $265 Initiates Coverage On → Neutral 09/28/2023 2.23% Deutsche Bank → $271 Initiates Coverage On → Buy 09/26/2023 -2.68% Berenberg $254 → $258 Maintains Market Perform 09/25/2023 1.85% Susquehanna → $270 Reiterates Positive → Positive 09/19/2023 6.75% Citigroup $283 → $283 Maintains Buy 09/18/2023 -8.34% Wells Fargo $258 → $243 Maintains Overweight 07/28/2023 -2.68% Wells Fargo $244 → $258 Maintains Overweight 07/27/2023 -5.7% Morgan Stanley $248 → $250 Maintains Equal-Weight 07/27/2023 1.85% RBC Capital → $270 Reiterates Outperform → Outperform 07/27/2023 -5.32% JP Morgan
General Dynamics (NYSE:GD) Stock Analyst Ratings Read Post »
American Express (NYSE:AXP) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/29/2024 9.32% Barclays $216 → $220 Maintains Overweight 01/10/2024 16.77% Deutsche Bank → $235 Initiates Coverage On → Buy 01/10/2024 — BMO Capital Downgrades Market Perform → Underperform 01/08/2024 -5.59% Baird → $190 Downgrades Neutral → Underperform 01/04/2024 1.86% JP Morgan $167 → $205 Upgrades Neutral → Overweight 01/02/2024 -4.1% Stephens & Co. → $193 Upgrades Underweight → Equal-Weight 12/20/2023 — Monness, Crespi, Hardt Initiates Coverage On → Neutral 12/18/2023 1.86% Goldman Sachs $186 → $205 Maintains Buy 11/15/2023 -8.57% Barclays → $184 Initiates Coverage On → Overweight 11/01/2023 -21.49% TD Cowen → $158 Initiates Coverage On → Market Perform 10/25/2023 -23.48% Citigroup $143 → $154 Upgrades Sell → Neutral 10/24/2023 -24.97% Piper Sandler → $151 Upgrades Underweight → Neutral 10/23/2023 -8.07% RBC Capital $190 → $185 Maintains Outperform 10/23/2023 -6.58%
American Express (NYSE:AXP) Stock Analyst Ratings Read Post »
Barclays analyst Mark Devries maintains American Express (NYSE:AXP) with a Overweight and raises the price target from $216 to $220.
Barclays raises American Express (NYSE:AXP) price target from $216 to $220 Read Post »
By Will Feuer 3M said participation in its $6 billion settlement of allegations that its earplugs caused hearing loss among veterans is on pace to exceed the 98% threshold required by the agreement. Last year, 3M agreed to pay $6 billion, including an option to pay up to $1 billion in stock or cash, to settle the litigation. The manufacturer said Monday it has elected to pay the $1 billion in cash. The company said its settlement has garnered support from more than 250,000 eligible claimants, who have agreed to release their claims as part of their participation in the settlement. Write to Will Feuer at Will.Feuer@wsj.com
3M’s $6 Billion Earplug Settlement Gets Support From Claimants Read Post »
RBC Lifts Price Target on American Express to $226 From $220, Notes ‘Core Trends Remain Strong,’ Keeps Outperform Rating。
RBC Lifts Price Target on American Express to $226 From $220 Read Post »
The 737 MAX 9 is back in service, about three weeks after the Federal Aviation Administration grounded the jet following the midair blowout of an emergency door plug on an Alaska Air flight. Three weeks doesn’t sound so bad, but the damage done to Boeing shares can’t be measured by the relatively short delay in airline service and aircraft deliveries. The 737 MAX 9 door plug incident has added a lot more uncertainty for investors. Investors hate uncertainty. Saturday, United Airlines Flight 1525 from Newark to Las Vegas departed at 10:30 a.m. local time and was the first United passenger flight on a Boeing MAX 9. Alaska Air completed the first flight of a MAX 9 post-grounding on Jan. 26. The three-week delay shouldn’t impact Boeing’s 2024 aircraft deliveries, or production all that much. The compensation paid to airline customers who lost out on sales by having part of their
Boeing’s 737 MAX 9 Is Back. Here’s What Comes Next. — Barrons.com Read Post »