Wedbush

Q1 2024 EPS Estimates for Lululemon Athletica Inc. (NASDAQ:LULU) Reduced by Wedbush

/ / Consumer Discretionary / ,

Wedbush analyst T. Nikic now forecasts that Lululemon Athletica Inc. (NASDAQ:LULU) will earn $1.64 per share for the quarter, down from their previous forecast of $1.70. The consensus estimate for Lululemon Athletica’s current full-year earnings is $9.92 per share.

Q1 2024 EPS Estimates for Lululemon Athletica Inc. (NASDAQ:LULU) Reduced by Wedbush Read Post »

Q3 2024 Earnings Estimate of $1.34 for Micron Technology, Inc. (NASDAQ:MU) Issued By Wedbush

/ / Technology / ,

Wedbush analyst M. Bryson now anticipates that Micron Technology, Inc. (NASDAQ:MU) will post earnings per share of $1.34 for the quarter, down from their prior forecast of $1.50. The consensus estimate for Micron Technology’s current full-year earnings is ($2.78) per share.

Q3 2024 Earnings Estimate of $1.34 for Micron Technology, Inc. (NASDAQ:MU) Issued By Wedbush Read Post »

Wedbush raised Apple’s (NASDAQ:AAPL) price target to $190 from $180

/ / Technology / ,

Wedbush analyst Dan Ives raised Apple’s (NASDAQ:AAPL) price target to $190 from $180 and maintained its outperform rating. Ives said demand in China rebounded significantly after a weak December. Looking ahead, he is confident of strong demand, saying that “the fact that iPhone suppliers in Asia have not yet made significant production cuts is a good sign that the demand curve for Apple’s flagship iPhone 14 Pro in March/June is stable.” He estimates that about 25 percent of existing iPhone users haven’t upgraded their phones for four years or more; As people upgrade their phones to newer models, Apple’s market share will continue to increase.

Wedbush raised Apple’s (NASDAQ:AAPL) price target to $190 from $180 Read Post »

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