On Wednesday, Jefferies adjusted its outlook on International Game Technology (NYSE:IGT), reducing the stock\'s price target to $26.00 from the previous $30.00 while retaining a Hold rating on the shares. The adjustment followed IGT\'s trading activity, which saw a decline during Wednesday\'s session despite a reported 2% beat in Q4 adjusted EBITDA. The reduced price...
On Wednesday, Goldman Sachs initiated coverage on Norwegian Cruise Line Holdings (NYSE:NCLH), assigning a Neutral rating to the company\'s stock with a price target of $19.00. The firm\'s analysis suggests a cautious approach, noting that while the cruise operator has shown significant progress over the past year, the financial guidance for 2024 appears to have...
On Wednesday, Goldman Sachs initiated coverage on Carnival Corporation (NYSE:CCL) with a Buy rating and a price target of $20.00. The investment firm highlighted several factors contributing to Carnival\'s favorable outlook for 2024. Among these are expectations of a conservative guide from the company despite anticipated larger occupancy recovery, particularly due to its higher exposure...
On Wednesday, Goldman Sachs began coverage on shares of Royal Caribbean Cruises (NYSE:RCL), assigning a Buy rating and setting a price target of $162. The firm highlighted the cruise operator\'s superior execution and potential for pricing advantages. Royal Caribbean is currently focused on enhancing its fleet, with plans to introduce several new \"megaships.\" These ships...
On Wednesday, Fidelity National Information Services (NYSE:FIS), a provider of financial services technology, saw its stock rating downgraded by Baird from Outperform to Neutral. The firm simultaneously raised the price target for FIS to $78.00, up from the previous $76.00. The adjustment follows a period of notable performance by FIS stock, which has been highlighted...
On Wednesday, JPMorgan made a bullish move on Cooper Companies (NASDAQ:COO), upgrading the stock from Neutral to Overweight and increasing the price target to $120 from the previous $100. The firm\'s analyst highlighted Cooper\'s consistent top-line growth and its translation into bottom-line strength as key reasons for the upgrade. Cooper Companies has shown commendable performance...
On Wednesday, DA Davidson maintained a bullish stance on Nature\'s Sunshine Products (NASDAQ: NATR), raising the stock\'s price target to $24.00 from $21.50 and keeping a Buy rating. The nutritional and wellness products company reported a stronger-than-expected performance in the fourth quarter of 2023, with EBITDA surpassing estimates. Sales in constant currency terms increased by...
On Wednesday, Baird, a financial services company, raised its rating on shares of Texas Roadhouse (NASDAQ:TXRH) from Neutral to Outperform and increased the price target to $175 from $160. The upgrade comes despite the stock approaching all-time highs, with Baird\'s analyst citing the potential for further growth. The analyst pointed to Texas Roadhouse\'s standout same-store...
On Wednesday, CEMEX (NYSE:CX), a global leader in the building materials industry, received reaffirmation from Citi on its stock rating and price target. The firm maintained a Buy rating on the company\'s shares, with a set price target of $9.00. The focus of the analyst\'s comments centered around the anticipation of CEMEX Day, scheduled for...
On Wednesday, Evercore ISI adjusted its price target for Casey\'s General Stores (NASDAQ:CASY), reducing it slightly from $345.00 to $342.00, while maintaining an Outperform rating on the stock. The adjustment follows the company\'s third-quarter financial results, which showed strong sales growth and customer traffic increases. Casey\'s General Stores reported a solid increase in their inside...
