Analyst Ratings Coverage
Abbvie Inc:
BMO has lowered the target price for AbbVie Inc from $195 to $180. This adjustment is attributed to recent softness observed in AbbVie’s aesthetic business segment. Softness in this area may have implications for the company’s overall performance and outlook.
Apple Inc:
Bernstein has upgraded its rating on Apple Inc from Market-Perform to Outperform. The rationale behind this upgrade is the belief that the forthcoming iPhone cycle will be strong, driven by anticipated advancements in artificial intelligence (AI) functionality within Apple’s products.
Charter Communications Inc:
TD Cowen has reduced the target price for Charter Communications Inc from $514 to $488. This adjustment is based on expectations of near-to-mid-term challenges that may impact subscriber growth. Such challenges could affect the company’s revenue and profitability outlook.
Saia Inc:
JPMorgan has revised down the target price for Saia Inc from $676 to $580. This adjustment is made in response to lowered earnings estimates for the year 2025. The revision reflects concerns about Saia Inc’s future earnings potential and performance.
Ulta Beauty Inc:
Barclays has lowered the target price for Ulta Beauty Inc from $612 to $434. This adjustment is attributed to increased competition in the beauty industry and potential risks to the company’s guidance for the second half of 2024. The heightened competition and potential challenges may impact Ulta Beauty’s future growth prospects.
Canacol Energy Ltd:
JPMorgan has downgraded its rating on Canacol Energy Ltd from Neutral to Underweight. This downgrade is linked to persistent production issues and financial challenges faced by the company. These ongoing issues may hinder Canacol Energy’s performance and shareholder value.
Sleep Country Canada Holdings Inc:
TD Cowen has decreased the target price for Sleep Country Canada Holdings Inc from C$34 to C$33. This adjustment is driven by expectations of macroeconomic headwinds that could dampen demand for Sleep Country’s products. These headwinds may pose challenges to the company’s revenue growth and profitability.
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