Raymond James

Wells Fargo & Co (NYSE: WFC) Friday reported better-than-expected results for its first quarter, triggering some price target changes by analysts. Here are some other key analyst takeaways from the earnings call. Oppenheimer On Wells Fargo Analyst Chris Kotowski maintained a Perform rating on...

Shares of JPMorgan Chase & Co (NYSE: JPM) Friday climbed on first-quarter revenue and earnings beat. Keefe, Bruyette & Woods On JPMorgan Chase Analyst David Konrad maintained a Market Perform rating, while raising the price target from $131 to $155. JPMorgan Chase’s “standout...

Shares of Wells Fargo & Co (NYSE: WFC) recovered slightly in early trading on Thursday, after remaining under pressure for about a month on concerns about the banking crisis. Wells Fargo is likely to be “a major beneficiary” in the changing banking environment, according to Raymond...

Pinterest Inc (NYSE: PINS) has been in focus this week on insider sales and RBC Capital Markets bumped up the price target by 15%. The platform is likely to experience steady user growth going forward and growing engagement, “driven by international and increasing personalization,”...

Shares of Walmart Inc (NYSE: WMT) moved sharply higher on Wednesday, after the company announced its growth strategy and next-gen supply chain plans at the 2023 Investment Community meeting. Telsey Advisory Group On Walmart Analyst Joseph Feldman maintained an Outperform rating and price...

Drones are the key to ending the Russia-Ukraine war, according to Jim Cramer, and AeroVironment, Inc. (NASDAQ: AVAV) offers the most advanced drone solutions. "They make for more effective drones than anything else that we have in our arsenal," Cramer said Tuesday on CNBC's...

Shares of Intel Corporation (NASDAQ: INTC) rallied on Wednesday, after the company said at the DCAI (data center and AI) investor event that its new server chips will hit the market sooner than expected. KeyBanc Capital Markets analyst John Vinh reiterated a Sector Weight rating on the stock....

Shares of Lululemon Athletica Inc (NASDAQ: LULU) made big moves in early trading on Wednesday. The company reported fourth-quarter revenue of $2.77 billion, up 30% year-over-year and higher than Street expectations of $2.70 billion. Lululemon’s adjusted earnings of $4.40 per share also topped...

Shares of Micron Technology Inc (NASDAQ: MU) rose in premarket trading on Wednesday, even though the company reported disappointing earnings for the fiscal second quarter. Morgan Stanley On Micron Technology Analyst Joseph Moore maintained an Underweight rating and price target of $46. “The...

Darden Restaurants, Inc. (NYSE: DRI) Thursday reported an earnings beat for its fiscal third quarter. Wedbush On Darden Restaurants Analyst Nick Setyan maintained an Outperform rating and price target of $165. Darden Restaurants reported an earnings beat on better-than-expected same store sales...

Regeneron Pharmaceuticals Inc (NASDAQ: REGN) announced the Phase 3 trial of Dupixent (dupilumab), developed with Sanofi (NASDAQ: SNY), for uncontrolled chronic obstructive pulmonary disease (COPD) met its primary and secondary endpoints, which attracted investments from whales. Raymond...

Nike Inc (NYSE: NKE) beat consensus estimates in the third-quarter, paying 79 cents per share on revenues of $12.4 billion. Nike Direct sales rose 17% year-over-year, while digital sales increased by 20% and wholesale grew 12%. Despite some weakness in China, where Nike Brand revenues fell 8% year-...

At the GPU Technology Conference on Tuesday, Nvidia Corporation’s (NASDAQ: NVDA) CEO Jensen Huang said that the “iPhone moment for AI” has started. Huang added that the company is ready to spearhead this development, providing the necessary infrastructure to companies innovating...

Enphase Energy Inc (NASDAQ: ENPH) shares jumped in early trading on Monday. The stock has lost 31% year to date, having erased all its “peer-leading gain from 2022,” and is no longer “priced for perfection,” according to Raymond James. The Energy Analyst: Pavel Molchanov...

Amidst the turbulence in the lending sector caused by the downfall of SVB Financial Group's (NASDAQ: SIVB) Silicon Valley Bank, First Republic Bank (NYSE: FRC), a prominent San Francisco headquartered-bank, is said to be assessing various strategic alternatives to navigate through...