Selected stock price target news of the day - May 6th, 2024
By: Matthew Otto Apple’s Resilience Shines: Revenue Exceeds Expectations Despite iPhone Decline Apple’s latest quarterly report has sparked a mixed reaction among analysts, as it navigates through a challenging landscape. Despite a 4% year-over-year decline in revenue to $90.8 billion, Apple managed to slightly surpass Wall Street’s consensus forecast of $90.5 billion. The dip...
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Selected stock price target news of the day - May 3rd, 2024
By: Matthew Otto Disappointing Etsy Q1 Results: Analysts Divided on Future Prospects Etsy’s gross merchandise sales for the period stood at $2.99 billion, falling short of both the FactSet consensus of $3.03 billion and the $3.1 billion reported in the same period last year. This marked a 3.87% year-over-year decline in gross merchandise sales. ...
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Selected stock price target news of the day - May 2nd, 2024
By: Matthew Otto Skyworks Solutions Surpasses Q2 Earnings Expectations but Issues Cautious Q3 Guidance Skyworks Solutions reported second fiscal quarter 2024 earnings per share of $1.55, surpassing analyst estimates by $0.03. Revenue for the quarter stood at $1.05 billion, meeting consensus estimates. Skyworks demonstrated resilience with a 19% decline in mobile revenue, offset by...
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