Raymond James

Analysts sized up the third-quarter results from Qualcomm Inc (NASDAQ: QCOM) and what the fourth-quarter guidance could mean for the company and its share price. The Qualcomm Analysts: Wells Fargo analyst Gary Mobley has an Equal Weight rating on Qualcomm and raised the price target from...

Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reported quarterly revenue at $69.7 billion, up 13% year-over-year but short of Street expectations of $69.88 billion. The company’s profits fell to $16 billion, or $1.21 per share, below the consensus estimate of $1.29 per share....

Travelers Companies Inc.’s (NYSE: TRV) stock is likely to continue outperforming the S&P 500 and Dow 30 in the near term, according to Raymond James. The Travelers Companies Analyst: Gregory Peters upgraded the rating for Travelers Companies from Market Perform to Strong Buy, while...

Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers. On Thursday, Snap reported a second-quarter adjusted EPS loss of 2 cents, missing analyst estimates of a 1-cent loss. Snap's $1.11 billion in revenue for the...

Palantir Technologies Inc (NYSE: PLTR) was initiated with a Strong Buy rating with a $20 price target Thursday from Raymond James, which called the software company a “cultural unicorn." Here's what you need to know.  The Palantir Story: Palantir, the big-data analytics...

Netflix, Inc. (NASDAQ: NFLX) shares gained 7.1% on Wednesday after the company reported better-than-expected subscriber losses in the second quarter and detailed plans to launch a new, low-cost, ad-supported subscription tier. On Tuesday, Netflix reported second-quarter adjusted EPS of $3.20,...

Johnson & Johnson (NYSE: JNJ) reported a 3% growth in net sales to $24.02 billion, surpassing the consensus estimate of $23.81 billion, and a 4.4% growth in adjusted earnings to $2.59 per share, beating Street expectations of $2.57 per share. Raymond James On Johnson & Johnson: Analyst...

Micron Technology, Inc. (NASDAQ: MU) reported third-quarter results after the closing bell on Thursday. Here's what the Street has to say. Wells Fargo On Micron Technology Analyst Aaron Rakers reiterated an Overweight rating and reduced the price target from $115 to $90. Micron Technology...

The ruling by the U.S. Supreme Court to overturn Roe v. Wade and leave the decision of abortion to the states has been a big topic over the last few days. An analyst singles out a pharmaceutical company that could benefit from increased purchases of over-the-counter contraceptives. The Perrigo...

FedEx Corporation (NYSE: FDX) shares traded higher by 7% on Friday after the conglomerate reported fiscal fourth-quarter earnings that were better than analysts had feared. On Thursday, FedEx reported fourth-quarter adjusted EPS of $6.87, in-line with consensus analyst estimates. Revenue for the...

Although U.S. airline companies are poised for a stronger near-term revenue trend, they face elevated fuel prices, a potential demand softening and capacity growth moderation, according to Raymond James. Southwest Airlines Analyst Savanthi Syth upgraded the rating for Southwest Airlines Co (NYSE:...

Target Corporation (NYSE: TGT) announced several initiatives on Tuesday to right-size its inventory, including order cancellations and slashing prices. Management also lowered their guidance for the second-quarter operating margin rate to around 2%, from their earlier expectation of meeting the...

Coupa Software Inc (NASDAQ: COUP) shares traded higher by 1.8% on Tuesday after the company reported strong earnings numbers and record subscription revenues in the first quarter. On Monday, Coupa reported adjusted first-quarter EPS of 8 cents on revenue of $196.3 million. Both numbers topped...

Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast. On Tuesday, Salesforce reported adjusted first-quarter EPS of 98 cents on $7.41 billion in revenue. Both numbers beat consensus analyst estimates of 94 cents...

Several NVIDIA Corporation (NASDAQ: NVDA) reacted to the chipmaker's first-quarter report with lower price targets. Here's what they had to say. The NVIDIA Analysts: BMO analyst Ambrish Srivastava has an Outperform rating and lowered the price target from $375 to $300. Wells Fargo...