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Broadcom Enters Earnings As Citi's Top Semiconductor Pick
Benzinga94d agoneutral
Broadcom Enters Earnings As Citi's Top Semiconductor Pick

The question surrounding Broadcom (NASDAQ:AVGO) heading into its next earnings report is not whether the company belongs among the AI trade’s biggest winners. That debate ended a long time ago. The more pressing question is whether a business already generating tens of billions in AI-related revenue can keep growing fast enough to justify a valuation that has briefly crossed $2 trillion. Citi’s answer, for now, is yes. Analyst Atif Malik raised his price target on the stock from $475 to $500 on

How The Investment Narrative For Abbott Laboratories (ABT) Is Shifting With Recent Analyst Resets
Simply Wall St.95d agoneutral
How The Investment Narrative For Abbott Laboratories (ABT) Is Shifting With Recent Analyst Resets

Abbott Laboratories is under fresh scrutiny as price targets are reset, with some analysts trimming their expectations and others keeping fair value estimates such as US$118.64 broadly intact. The more cautious tone in recent research, including cuts to targets and removal from a key US conviction list, sits alongside ongoing supportive views that still see room for upside versus analysts’ own fair value work. As you read on, you will see how to track these shifting targets and use the...

Citi resets Broadcom stock price target for the rest of 2026
TheStreet95d agoneutral
Citi resets Broadcom stock price target for the rest of 2026

One of Wall Street's most closely watched semiconductor analysts just moved his price target ahead of an earnings report that could define how the AI chip trade is valued for the rest of the summer. The note he published does more than raise a number. It lays out a specific projection for one ...

Citi Hikes eBay Price Target to $127: Better Execution Drives Q1 Beat
24/7 Wall St.95d agobullish
Citi Hikes eBay Price Target to $127: Better Execution Drives Q1 Beat

One firm is doubling down on its bull case for the online marketplace. Citi analyst Ronald Josey raised his price target on eBay (NASDAQ:EBAY) stock to $127 from $114, maintaining a Buy rating. The price target raise reflects what Citi describes as improving operational execution and continued momentum across the company’s targeted growth categories. For ... Citi Hikes eBay Price Target to $127: Better Execution Drives Q1 Beat

How The RLX Technology (RLX) Story Is Shifting As Margins Temper The Valuation Upside
Simply Wall St.95d agoneutral
How The RLX Technology (RLX) Story Is Shifting As Margins Temper The Valuation Upside

RLX Technology is back in focus after analysts refreshed their models and set an updated Street price target of US$2.50, compared with a fair value estimate of about US$3.14. This adjustment reflects a shift in emphasis within recent research, where analysts are weighing revenue assumptions against a more cautious view on profitability and execution risk. As you read on, you will see how these changing targets feed into the evolving story around RLX Technology and what it could mean for your...

Bond Traders Renew Bearish Treasuries Bets on Inflation
Bloomberg95d agoneutral
Bond Traders Renew Bearish Treasuries Bets on Inflation

(Bloomberg) -- Traders have renewed bearish bets on US Treasuries, lifting expectations that the Federal Reserve will raise interest rates as oil prices and inflation push higher. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueThe hawkish shift has rippled across maturities.

Peter Thiel-Backed Bullish Gears Up for Q1 Earnings: Will Softer Crypto Volumes Hurt The Crypto Exchange's Bottom Line?
Benzinga95d agoneutral
Peter Thiel-Backed Bullish Gears Up for Q1 Earnings: Will Softer Crypto Volumes Hurt The Crypto Exchange's Bottom Line?

Cryptocurrency exchange Bullish (NYSE:BLSH) will release earnings for the first quarter before the bell on Thursday. Here’s what’s happening with the company and its stock. EPS, Revenue Forecast Analysts forecast earnings per share of $0.17 for the company, down 10% quarter-over-quarter. Bullish is expected to deliver revenue of $94.87 million, marking a 2.56% increase from the previous quarter. The BLSH stock has a consensus price target of $51.91 based on the ratings of 12 analysts, with the h

Alibaba, Tencent AI Bets Face ‘Show Me the Profits’ Scrutiny
Bloomberg95d agoneutral
Alibaba, Tencent AI Bets Face ‘Show Me the Profits’ Scrutiny

(Bloomberg) -- Chinese investors are heading into the earnings season demanding proof that billions in AI spending by tech giants is paying off.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysThat spotlight will fall on Alibaba Group Holding Ltd. and Tencent Holdings Ltd. whe

Citi Recommends Buying Lowe’s (LOW) as a “Cyclical Share Gainer”
Insider Monkey95d agobullish
Citi Recommends Buying Lowe’s (LOW) as a “Cyclical Share Gainer”

With a 5-year average dividend growth rate of 15.35%, Lowe’s Companies, Inc. (NYSE:LOW) is included among the 14 Best Dividend Stocks to Buy for Steady Growth. On May 12, Citi upgraded Lowe’s Companies, Inc. (NYSE:LOW) to Buy from Neutral and kept its price target unchanged at $285. The firm said it recommends buying some “cyclical share gainers” […]

Citi Assigns a Buy Rating on EQT Corporation (EQT), Following Q1 2026 Earnings
Insider Monkey96d agobullish
Citi Assigns a Buy Rating on EQT Corporation (EQT), Following Q1 2026 Earnings

​EQT Corporation (NYSE:EQT) is one of the Best Undervalued Stocks to Buy Under $100. Recently, on May 5, Scott Gruber from Citi assigned a Buy rating on the stock and raised the price target from $66 to $70. Earlier, on April 26, Lloyd Byrne from Jefferies reiterated a Buy rating on EQT Corporation (NYSE:EQT) and […]

Bank Stock Buybacks Hit a Record in First Quarter. Citi, BofA, and Goldman Were Leaders.
Barrons.com96d agobullish
Bank Stock Buybacks Hit a Record in First Quarter. Citi, BofA, and Goldman Were Leaders.

The country’s largest banks, flush with record earnings and capital, executed their largest quarterly stock repurchases ever in the first three months of the year. The 21 large banks covered by Barclays analyst Jason Goldberg bought back $40 billion in the first quarter, up from $34 billion in the fourth quarter of 2025 and from the prior record of $38 billion in the 2019 fourth quarter, just before the Covid crisis. The industry leaders, based on the biggest percentage reductions in share counts in the first quarter, were M&T Bank (3.9% reduction), First Citizens Bancshares (3.8%), Citi group (3.1%),  Bank of America (1.9%), and Goldman Sachs Group (1.8%).

How The Schneider Electric (ENXTPA:SU) Investment Story Is Shifting With Conflicting Analyst Targets
Simply Wall St.96d agoneutral
How The Schneider Electric (ENXTPA:SU) Investment Story Is Shifting With Conflicting Analyst Targets

Schneider Electric’s updated fair value of €300.55, compared with the earlier €296.50, comes against a backdrop of mixed price targets that run from about €290 up to €340. Bullish analysts lifting targets toward €325 to €340 see scope above the new fair value, while more cautious calls around €292 flag concerns that much of the upside may already be in the stock. As you read on, you will see how these differing targets shape the evolving analyst narrative and what that might mean for how you...

Citigroup Keeps Neutral Rating on Ford Motor (F) After Target Cut
Insider Monkey96d agoneutral
Citigroup Keeps Neutral Rating on Ford Motor (F) After Target Cut

Ford Motor Company (NYSE:F) is included among the 10 Best Robinhood Stocks to Buy According to Billionaires. On May 4, Citi cut its price recommendation on Ford Motor Company (NYSE:F) to $13 from $13.50. It reiterated a Neutral rating on the stock. That same day, Ford reported that its US sales for April fell 14.4% […]

Vertiv Holdings (VRT) Price Target Increased by Citi to $141
Insider Monkey96d agoneutral
Vertiv Holdings (VRT) Price Target Increased by Citi to $141

Vertiv Holdings Co. (NYSE:VRT) is one of the 10 Best Industrial Stocks Benefiting from the Data Center Boom. On May 7, Citi increased its price target on Vertiv to $414 from $353 and maintained a Buy rating on the shares, according to a report by TheFly. Citi emphasized the company’s multi-year visibility to sales and […]

Cummins Inc. (CMI) Price Target Raised to $770 on Higher Estimates
Insider Monkey96d agoneutral
Cummins Inc. (CMI) Price Target Raised to $770 on Higher Estimates

Cummins Inc. (NYSE:CMI) is one of the 10 Best Industrial Stocks Benefiting from the Data Center Boom. On May 7, Citi increased its price target on Cummins to $770 from $710 while maintaining a Buy rating on the stock, following the company’s strong financial performance in the first quarter, according to a report by TheFly. […]

PBOC Warns on Imported Inflation, Focuses on Policy Transmission
Bloomberg96d agobearish
PBOC Warns on Imported Inflation, Focuses on Policy Transmission

(Bloomberg) -- China’s central bank has warned on the risks of imported inflation from higher oil prices stemming from the war in Iran, offering no hint of preparing to ease policy as it looks to ensure that its interest rates reach the economy.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Epstein's Black Card: How He Moved Women With H

Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data
Bloomberg96d agoneutral
Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data

(Bloomberg) -- Goldman Sachs & Co and Bank of America Corp are the latest in a growing cohort of Wall Street banks pushing back their forecasts for interest-rate cuts, arguing that both jobs and inflation data make a case for the Federal Reserve to keep rates on hold until at least the end of the year.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Un

Morgan Stanley sees writing on wall for Citi before major change
TheStreet96d agoneutral
Morgan Stanley sees writing on wall for Citi before major change

Banks have had a stellar first quarter. The major U.S. banks raked in nearly $50 billion in profits in the first three months of the year, The Guardian reported. That was largely due to Wall Street bank traders, who profited from a volatile stock exchange, Reuters showed. But even without the extra ...

Musk, Cook Set to Join Trump for Xi Summit, White House Says
Bloomberg97d agoneutral
Musk, Cook Set to Join Trump for Xi Summit, White House Says

(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,

Bloomberg97d agobullish
Circle’s First-Quarter Revenue Rises 20%, Net Income Drops

(Bloomberg) -- Circle Internet Group Inc.’s first-quarter revenue increased 20% while net income declined, as ongoing volatility in cryptocurrency markets roiled earnings from companies across the industry at the start of the year.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks

Bloomberg97d agoneutral
AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized US IPO

(Bloomberg) -- Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion, as demand for the artificial intelligence chipmaker and data center operator’s shares continues to build.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelr