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HP Shares Drop 2% As PC Vendor Misses First-Quarter Revenue Estimates
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your opinion about this newsâŚ","listText":"Share your opinion about this newsâŚ","text":"Share your opinion about this newsâŚ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279486599372800","repostId":"1100045093","repostType":2,"repost":{"id":"1100045093","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1709219100,"share":"https://ttm.financial/m/news/1100045093?lang=&edition=fundamental","pubTime":"2024-02-29 23:05","market":"us","language":"en","title":"HP Shares Drop 2% As PC Vendor Misses First-Quarter Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1100045093","media":"Tiger Newspress","summary":"HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a seventh straight quarter of decline, driven by sluggish demand in the personal computers (PC) market as customers ","content":"<html><head></head><body><p>HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a seventh straight quarter of decline, driven by sluggish demand in the personal computers (PC) market as customers delay system upgrades.</p><p>Shares of HP, which is the second-largest PC vendor in the world after China's Lenovo Group, fell 2.2% in morning trading Thursday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/18a8cb05d91ded8ff7f275e503853ae1\" tg-width=\"840\" tg-height=\"621\"/></p><p>Enterprise customers are keeping a tight leash on their budgets and spending cautiously in the wake of an uncertain economy, hitting demand for companies that provide personal computing devices such as HP Inc.</p><p>Revenue growth started to slow in 2022 as the work-from-home demand boom for PCs and electronics faded.</p><p>China continues to be a weak market for both consumer and commercial, but the overall market also remains volatile and inconsistent across regions, CEO Enrique Lores said in a media call.</p><p>The PC maker said November-to-January revenue fell about 4.4% to $13.19 billion, compared with analysts' average estimates of $13.56 billion, according to LSEG data.</p><p>Its adjusted earnings per share came in at 81 cents, in-line with target estimate.</p><p>HP forecast second-quarter adjusted profit per share between 76 cents and 86 cents, the midpoint of which is in line with estimates of 81 cents.</p><p>Sales at HP's Personal Systems segment â home to its desktop and notebook PCs â fell 4% from a year ago, while its Printing segment posted a 5% fall.</p><p>Last week, its peer Lenovo Group reported stronger-than-expected earnings in the third quarter, with revenue returning to growth after five quarters of decline. Dell is expected to report its fourth-quarter results on Thursday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HP Shares Drop 2% As PC Vendor Misses First-Quarter Revenue Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHP Shares Drop 2% As PC Vendor Misses First-Quarter Revenue Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-02-29 23:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a seventh straight quarter of decline, driven by sluggish demand in the personal computers (PC) market as customers delay system upgrades.</p><p>Shares of HP, which is the second-largest PC vendor in the world after China's Lenovo Group, fell 2.2% in morning trading Thursday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/18a8cb05d91ded8ff7f275e503853ae1\" tg-width=\"840\" tg-height=\"621\"/></p><p>Enterprise customers are keeping a tight leash on their budgets and spending cautiously in the wake of an uncertain economy, hitting demand for companies that provide personal computing devices such as HP Inc.</p><p>Revenue growth started to slow in 2022 as the work-from-home demand boom for PCs and electronics faded.</p><p>China continues to be a weak market for both consumer and commercial, but the overall market also remains volatile and inconsistent across regions, CEO Enrique Lores said in a media call.</p><p>The PC maker said November-to-January revenue fell about 4.4% to $13.19 billion, compared with analysts' average estimates of $13.56 billion, according to LSEG data.</p><p>Its adjusted earnings per share came in at 81 cents, in-line with target estimate.</p><p>HP forecast second-quarter adjusted profit per share between 76 cents and 86 cents, the midpoint of which is in line with estimates of 81 cents.</p><p>Sales at HP's Personal Systems segment â home to its desktop and notebook PCs â fell 4% from a year ago, while its Printing segment posted a 5% fall.</p><p>Last week, its peer Lenovo Group reported stronger-than-expected earnings in the third quarter, with revenue returning to growth after five quarters of decline. Dell is expected to report its fourth-quarter results on Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HPQ":"ć ćŽ"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100045093","content_text":"HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a seventh straight quarter of decline, driven by sluggish demand in the personal computers (PC) market as customers delay system upgrades.Shares of HP, which is the second-largest PC vendor in the world after China's Lenovo Group, fell 2.2% in morning trading Thursday.Enterprise customers are keeping a tight leash on their budgets and spending cautiously in the wake of an uncertain economy, hitting demand for companies that provide personal computing devices such as HP Inc.Revenue growth started to slow in 2022 as the work-from-home demand boom for PCs and electronics faded.China continues to be a weak market for both consumer and commercial, but the overall market also remains volatile and inconsistent across regions, CEO Enrique Lores said in a media call.The PC maker said November-to-January revenue fell about 4.4% to $13.19 billion, compared with analysts' average estimates of $13.56 billion, according to LSEG data.Its adjusted earnings per share came in at 81 cents, in-line with target estimate.HP forecast second-quarter adjusted profit per share between 76 cents and 86 cents, the midpoint of which is in line with estimates of 81 cents.Sales at HP's Personal Systems segment â home to its desktop and notebook PCs â fell 4% from a year ago, while its Printing segment posted a 5% fall.Last week, its peer Lenovo Group reported stronger-than-expected earnings in the third quarter, with revenue returning to growth after five quarters of decline. Dell is expected to report its fourth-quarter results on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":279665569874216,"gmtCreate":1709299378763,"gmtModify":1709299801714,"author":{"id":"4171192391386352","authorId":"4171192391386352","name":"tqfea","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171192391386352","authorIdStr":"4171192391386352"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"1\"></v-v> ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"1\"></v-v> ","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279665569874216","isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279486931415200,"gmtCreate":1709255726595,"gmtModify":1709257640200,"author":{"id":"4171192391386352","authorId":"4171192391386352","name":"tqfea","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171192391386352","authorIdStr":"4171192391386352"},"themes":[],"htmlText":"wcđ¸","listText":"wcđ¸","text":"wcđ¸","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279486931415200","repostId":"1148344360","repostType":2,"repost":{"id":"1148344360","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1709220600,"share":"https://ttm.financial/m/news/1148344360?lang=&edition=fundamental","pubTime":"2024-02-29 23:30","market":"us","language":"en","title":"Top Calls on Wall Street: Apple, Tesla, Microsoft, Snowflake, Salesforce, Okta, Disney and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1148344360","media":"Tiger Newspress","summary":"Here are the biggest calls on Wall Street on Thursday:UBS reiterates Apple as neutralUBS said its survey checks show iPhone sales pressure for Apple in the U.S. and China.âSoft iPhone sell-through in ","content":"<html><head></head><body><p>Here are the biggest calls on Wall Street on Thursday:</p><h2 id=\"id_4170536039\" style=\"text-align: start;\">UBS reiterates Apple as neutral</h2><p>UBS said its survey checks show iPhone sales pressure for Apple in the U.S. and China.</p><p>âSoft iPhone sell-through in three key mkt supports a cautious stance just one month into the Mar qtr.â</p><h2 id=\"id_3748167019\" style=\"text-align: start;\">RBC reiterates Tesla as outperform</h2><p>RBC said after a visit to the companyâs battery storage facility that it could be worth more than the car business standalone.</p><p>âTeslaâs Megapack utility-grade battery storage business could be worth substantially more than its standalone car business.â</p><h2 id=\"id_2608222391\" style=\"text-align: start;\">Goldman Sachs reiterates Microsoft as buy</h2><p>Goldman said itâs standing by its buy rating after a meeting with Microsoft investor relations.</p><p>âBolstering Gen-AI revenue opportunity while maintaining profitable growth framework.â</p><h2 id=\"id_687578089\" style=\"text-align: start;\">Morgan Stanley downgrades Snowflake to equal weight from overweight</h2><p>Morgan Stanley downgraded Snowflake following earnings.</p><p>âA sharper than anticipated deceleration implied in the FY25 guide and CEO departure likely spikes investor concerns around competition and positioning for Generative AI.â</p><h2 id=\"id_3775240882\" style=\"text-align: start;\">Macquarie upgrades Snowflake to outperform from neutral</h2><p>The firm said this is the âentry pointâ itâs been waiting for following Snowflakeâs earnings report.</p><p>âSNOWâs ~20% sell-off in the wake of CEO Frank Slootmanâs resignation is the entry point we awaited. Upgrade to Outperform.â</p><h2 id=\"id_3385852810\" style=\"text-align: start;\">Goldman Sachs reiterates Salesforce as buy</h2><p>Goldman said itâs standing by its buy rating following the companyâs robust earnings report on Wednesday.</p><p>âWe reiterate our Buy rating and our 12-month PT of $345 following Salesforce reporting better than expected 4Q results (link first take) and below-expectations guidance.â</p><h2 id=\"id_599682270\" style=\"text-align: start;\">Bank of America upgrades Okta to buy from underperform</h2><p>Bank of America double upgraded the identity access management company and said headwinds are abating.</p><p>âWe have a Buy rating on Okta as we believe that the current valuation reflects overly conservative guidance and does not account for the inflection in Enterprise customer growth, a key driver for Oktaâs continued growth as a platform cybersecurity company.â</p><h2 id=\"id_475536582\" style=\"text-align: start;\">Wells Fargo reiterates Disney as overweight</h2><p>Wells said it likes Disneyâs deal with Reliance and Star India.</p><p>âDISâs Star India will be de-consolidated to a JV at 37% ownership. The deal is expected to close in DISâs F1H25.â</p><h2 id=\"id_2822270165\" style=\"text-align: start;\">Deutsche Bank upgrades Coupang to buy from hold</h2><p>Deutsche said the Korea based e-commerce company had a âpowerful performanceâ following earnings.</p><p>âCoupang earned USD1,032m in net income in 4Q, due mainly to a tax expense clawback.â</p><h2 id=\"id_1965447501\" style=\"text-align: start;\">TD Cowen downgrades Macyâs to market perform from outperform</h2><p>TD said it sees limited upside for Macyâs shares right now.</p><p>âHowever, material changes will take time, and several risks could limit near-term upside: flattish comp guidance despite a resilient consumer, credit card losses, and the need for younger customer relevance.â</p><h2 id=\"id_3840166182\" style=\"text-align: start;\">Cantor Fitzgerald initiates Teladoc as overweight</h2><p>Cantor initiated the telemedicine company with an overweight and says itâs an underappreciated growth story.</p><p>âWe are initiating on Teladoc with an Overweight rating and a 12- month $22 price target.</p><h2 id=\"id_2082880575\" style=\"text-align: start;\">Jefferies upgrades Barrick Gold to buy from hold</h2><p>Jefferies said investors should buy the dip in the gold mining company.</p><p>âWith the exception of its outperformance against NEM, GOLD has lagged most peers and the broader index and is now trading at a discount to peers.â</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top Calls on Wall Street: Apple, Tesla, Microsoft, Snowflake, Salesforce, Okta, Disney and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Calls on Wall Street: Apple, Tesla, Microsoft, Snowflake, Salesforce, Okta, Disney and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-02-29 23:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are the biggest calls on Wall Street on Thursday:</p><h2 id=\"id_4170536039\" style=\"text-align: start;\">UBS reiterates Apple as neutral</h2><p>UBS said its survey checks show iPhone sales pressure for Apple in the U.S. and China.</p><p>âSoft iPhone sell-through in three key mkt supports a cautious stance just one month into the Mar qtr.â</p><h2 id=\"id_3748167019\" style=\"text-align: start;\">RBC reiterates Tesla as outperform</h2><p>RBC said after a visit to the companyâs battery storage facility that it could be worth more than the car business standalone.</p><p>âTeslaâs Megapack utility-grade battery storage business could be worth substantially more than its standalone car business.â</p><h2 id=\"id_2608222391\" style=\"text-align: start;\">Goldman Sachs reiterates Microsoft as buy</h2><p>Goldman said itâs standing by its buy rating after a meeting with Microsoft investor relations.</p><p>âBolstering Gen-AI revenue opportunity while maintaining profitable growth framework.â</p><h2 id=\"id_687578089\" style=\"text-align: start;\">Morgan Stanley downgrades Snowflake to equal weight from overweight</h2><p>Morgan Stanley downgraded Snowflake following earnings.</p><p>âA sharper than anticipated deceleration implied in the FY25 guide and CEO departure likely spikes investor concerns around competition and positioning for Generative AI.â</p><h2 id=\"id_3775240882\" style=\"text-align: start;\">Macquarie upgrades Snowflake to outperform from neutral</h2><p>The firm said this is the âentry pointâ itâs been waiting for following Snowflakeâs earnings report.</p><p>âSNOWâs ~20% sell-off in the wake of CEO Frank Slootmanâs resignation is the entry point we awaited. Upgrade to Outperform.â</p><h2 id=\"id_3385852810\" style=\"text-align: start;\">Goldman Sachs reiterates Salesforce as buy</h2><p>Goldman said itâs standing by its buy rating following the companyâs robust earnings report on Wednesday.</p><p>âWe reiterate our Buy rating and our 12-month PT of $345 following Salesforce reporting better than expected 4Q results (link first take) and below-expectations guidance.â</p><h2 id=\"id_599682270\" style=\"text-align: start;\">Bank of America upgrades Okta to buy from underperform</h2><p>Bank of America double upgraded the identity access management company and said headwinds are abating.</p><p>âWe have a Buy rating on Okta as we believe that the current valuation reflects overly conservative guidance and does not account for the inflection in Enterprise customer growth, a key driver for Oktaâs continued growth as a platform cybersecurity company.â</p><h2 id=\"id_475536582\" style=\"text-align: start;\">Wells Fargo reiterates Disney as overweight</h2><p>Wells said it likes Disneyâs deal with Reliance and Star India.</p><p>âDISâs Star India will be de-consolidated to a JV at 37% ownership. The deal is expected to close in DISâs F1H25.â</p><h2 id=\"id_2822270165\" style=\"text-align: start;\">Deutsche Bank upgrades Coupang to buy from hold</h2><p>Deutsche said the Korea based e-commerce company had a âpowerful performanceâ following earnings.</p><p>âCoupang earned USD1,032m in net income in 4Q, due mainly to a tax expense clawback.â</p><h2 id=\"id_1965447501\" style=\"text-align: start;\">TD Cowen downgrades Macyâs to market perform from outperform</h2><p>TD said it sees limited upside for Macyâs shares right now.</p><p>âHowever, material changes will take time, and several risks could limit near-term upside: flattish comp guidance despite a resilient consumer, credit card losses, and the need for younger customer relevance.â</p><h2 id=\"id_3840166182\" style=\"text-align: start;\">Cantor Fitzgerald initiates Teladoc as overweight</h2><p>Cantor initiated the telemedicine company with an overweight and says itâs an underappreciated growth story.</p><p>âWe are initiating on Teladoc with an Overweight rating and a 12- month $22 price target.</p><h2 id=\"id_2082880575\" style=\"text-align: start;\">Jefferies upgrades Barrick Gold to buy from hold</h2><p>Jefferies said investors should buy the dip in the gold mining company.</p><p>âWith the exception of its outperformance against NEM, GOLD has lagged most peers and the broader index and is now trading at a discount to peers.â</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪壍尟","OKTA":"Okta Inc.","MSFT":"垎软","CPNG":"Coupang, Inc.","AAPL":"čšć","CRM":"čľĺŻćś","GOLD":"塴éĺ éťé","SNOW":"Snowflake","TDOC":"Teladoc Health Inc.","M":"ć˘ čĽżçžč´§","TSLA":"çšćŻć"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148344360","content_text":"Here are the biggest calls on Wall Street on Thursday:UBS reiterates Apple as neutralUBS said its survey checks show iPhone sales pressure for Apple in the U.S. and China.âSoft iPhone sell-through in three key mkt supports a cautious stance just one month into the Mar qtr.âRBC reiterates Tesla as outperformRBC said after a visit to the companyâs battery storage facility that it could be worth more than the car business standalone.âTeslaâs Megapack utility-grade battery storage business could be worth substantially more than its standalone car business.âGoldman Sachs reiterates Microsoft as buyGoldman said itâs standing by its buy rating after a meeting with Microsoft investor relations.âBolstering Gen-AI revenue opportunity while maintaining profitable growth framework.âMorgan Stanley downgrades Snowflake to equal weight from overweightMorgan Stanley downgraded Snowflake following earnings.âA sharper than anticipated deceleration implied in the FY25 guide and CEO departure likely spikes investor concerns around competition and positioning for Generative AI.âMacquarie upgrades Snowflake to outperform from neutralThe firm said this is the âentry pointâ itâs been waiting for following Snowflakeâs earnings report.âSNOWâs ~20% sell-off in the wake of CEO Frank Slootmanâs resignation is the entry point we awaited. Upgrade to Outperform.âGoldman Sachs reiterates Salesforce as buyGoldman said itâs standing by its buy rating following the companyâs robust earnings report on Wednesday.âWe reiterate our Buy rating and our 12-month PT of $345 following Salesforce reporting better than expected 4Q results (link first take) and below-expectations guidance.âBank of America upgrades Okta to buy from underperformBank of America double upgraded the identity access management company and said headwinds are abating.âWe have a Buy rating on Okta as we believe that the current valuation reflects overly conservative guidance and does not account for the inflection in Enterprise customer growth, a key driver for Oktaâs continued growth as a platform cybersecurity company.âWells Fargo reiterates Disney as overweightWells said it likes Disneyâs deal with Reliance and Star India.âDISâs Star India will be de-consolidated to a JV at 37% ownership. The deal is expected to close in DISâs F1H25.âDeutsche Bank upgrades Coupang to buy from holdDeutsche said the Korea based e-commerce company had a âpowerful performanceâ following earnings.âCoupang earned USD1,032m in net income in 4Q, due mainly to a tax expense clawback.âTD Cowen downgrades Macyâs to market perform from outperformTD said it sees limited upside for Macyâs shares right now.âHowever, material changes will take time, and several risks could limit near-term upside: flattish comp guidance despite a resilient consumer, credit card losses, and the need for younger customer relevance.âCantor Fitzgerald initiates Teladoc as overweightCantor initiated the telemedicine company with an overweight and says itâs an underappreciated growth story.âWe are initiating on Teladoc with an Overweight rating and a 12- month $22 price target.Jefferies upgrades Barrick Gold to buy from holdJefferies said investors should buy the dip in the gold mining company.âWith the exception of its outperformance against NEM, GOLD has lagged most peers and the broader index and is now trading at a discount to peers.â","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279486599372800,"gmtCreate":1709255608986,"gmtModify":1709257584412,"author":{"id":"4171192391386352","authorId":"4171192391386352","name":"tqfea","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171192391386352","authorIdStr":"4171192391386352"},"themes":[],"htmlText":"Share your opinion about this newsâŚ","listText":"Share your opinion about this newsâŚ","text":"Share your opinion about this newsâŚ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279486599372800","repostId":"1100045093","repostType":2,"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
