PepsiCo Lowers Revenue Forecast on ‘Subdued’ Sales in US, China and Elsewhere
PepsiCo lowered its sales forecast for the year after consumers in the U.S., China and elsewhere pulled back on its snacks and drinks
PepsiCo lowered its sales forecast for the year after consumers in the U.S., China and elsewhere pulled back on its snacks and drinks
U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb
Four of 30 analysts are now bearish on the self-driving-technology stock, and the latest one sees about 20% further downside
The Goldman team say what’s really the driver of its newfound optimism is its view on margin expansion
A Jefferies analyst says it will take time for smartphone technology to truly support AI. That means sales expectations for the iPhone 16, and perhaps even the iPhone 17, may be too high.
The Carlyle Group (NASDAQ:CG – Get Free Report) had its price objective raised by research analysts at Barclays from $46.00 to $50.00 in a research note issued on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the financial services provider’s stock. Barclays’s price target indicates a potential upside of 7.50% from the stock’s current price.
ServiceNow (NYSE:NOW – Get Free Report) had its target price increased by equities researchers at Wells Fargo & Company from $935.00 to $1,025.00 in a research report issued on Monday, Benzinga reports. The brokerage currently has an “overweight” rating on the information technology services provider’s stock. Wells Fargo & Company’s price objective points to a potential upside of 13.14% from the company’s current price.
Carrier Global (NYSE:CARR – Get Free Report) had its price objective upped by equities researchers at Wells Fargo & Company from $73.00 to $82.00 in a research report issued on Monday, Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Wells Fargo & Company’s target price would indicate a potential upside of 2.27% from the company’s current price.
The Home Depot, Inc. (NYSE:HD – Get Free Report) traded down 0.2% on Monday . The stock traded as low as $401.25 and last traded at $407.60. 972,768 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 3,380,064 shares. The stock had previously closed at $408.36.
WASHINGTON – The United States will provide nearly $157 million in new humanitarian assistance to support populations affected by conflict in Lebanon and the region, the State Department said in a statement on Friday.