FMP
Jun 6, 2025 11:02 AM - Davit Kirakosyan
Goldman Sachs Cuts Tesla Price Target on Weaker Global Delivery Trends
Goldman Sachs trimmed its price target on Tesla (NASDAQ:TSLA) to $285 from $295, maintaining a Neutral stance amid signs of softening vehicle demand across key markets. The firm lowered its second-quarter delivery estimate to 365,000 units—down from a previous forecast of 410,000 and below the marke...
Jun 6, 2025 11:00 AM - Davit Kirakosyan
Lucid Launches Coverage on atai Life Sciences With Buy Rating
Lucid Capital Markets initiated coverage on atai Life Sciences N.V. (NASDAQ:ATAI) with a Buy rating and a $12 price target, pointing to the biotech firm's significant presence in the emerging field of psychedelic-based mental health therapies. In just seven years, atai has built one of the most comp...
Jun 6, 2025 10:58 AM - Davit Kirakosyan
Deere Reaps Analyst Upgrade on Ag Tech Potential
Melius Research upgraded Deere (NYSE:DE) to Buy from Hold, boosting its price target to $750, citing growing confidence in the company's transformation into a tech-driven agricultural powerhouse. After a prolonged period of caution, the firm sees Deere's dominant position in precision agriculture an...
Jun 6, 2025 10:55 AM - Davit Kirakosyan
Mosaic Faces Short-Term Setback on Production Miss, But Long-Term Outlook Stays Firm
Barclays reaffirmed its Overweight rating and $40 price target on Mosaic (NYSE:MOS), even as the fertilizer giant grapples with a production downgrade that could weigh on near-term sentiment. The revision follows an unexpected announcement regarding lowered phosphate volume guidance for fiscal 2025....
Jun 6, 2025 10:53 AM - Davit Kirakosyan
ServiceTitan Gets Price Target Boost on Strong Subscription Growth
Loop Capital raised its price target on ServiceTitan (NASDAQ:TTAN) to $100 from $90, while maintaining a Hold rating, reflecting confidence in the company’s accelerating momentum and expanding role in a rapidly evolving market. This follows the company’s Q1 earnings report, which resulted in more th...
Jun 6, 2025 10:49 AM - Davit Kirakosyan
KeyBanc Sticks to Neutral View on Apple, Citing Solid iPhone Trends But Limited Upside
KeyBanc reiterated its Sector Weight rating on Apple (NASDAQ:AAPL), maintaining a neutral stance despite signs of continued hardware strength, particularly in iPhone sales. According to May KFLD data cited by the firm, indexed spending fell 1% month-over-month—better than the typical three-year aver...
Jun 5, 2025 10:53 AM - Davit Kirakosyan
Ciena Shares Plunge 15% After Q2 Earnings Miss Despite Strong Revenue Surge
Ciena (NYSE:CIEN) saw its stock fall over 13% intra-day on Thursday after the company posted mixed fiscal second-quarter results, with earnings coming in below expectations even as revenue impressed. The networking technology firm reported adjusted earnings of $0.42 per share for the quarter, traili...
Jun 5, 2025 10:51 AM - Davit Kirakosyan
Brown-Forman Tumbles 15% After Earnings Miss and Cautious Outlook
Brown-Forman (NYSE:BF.B) shares slid over 15% intra-day today following a disappointing fourth-quarter report and a downbeat forecast for the year ahead. The iconic spirits producer, best known for Jack Daniel’s whiskey, reported quarterly adjusted earnings of $0.31 per share, coming in below analys...
Jun 5, 2025 10:48 AM - Davit Kirakosyan
Cracker Barrel Delivers Surprise Profit Beat, Lifts Full-Year Earnings Outlook, But Shares Fall 3%
Cracker Barrel Old Country Store (NASDAQ:CBRL) delivered a stronger-than-expected earnings report for its third quarter, but shares fell over 3% intra-day today. The company posted adjusted earnings per share of $0.58, more than double Wall Street’s estimate of $0.26. Although revenue of $821.1 mill...
Jun 5, 2025 10:46 AM - Davit Kirakosyan
Lavoro Downgraded Amid Brazil Credit Headwinds
Oppenheimer downgraded Lavoro (NASDAQ:LVRO) to Underperform from Outperform, citing near-term challenges tied to Brazil’s tight credit environment and prolonged cash conversion cycles. The firm also withdrew its prior $5 price target. While broader sentiment in Brazil’s agriculture sector has recent...
