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Recommendations
Accenture price target lowered to $370 from $455 at Barclays » 12:41
06/25/22
06/25
12:41
06/25/22
12:41
ACN

Accenture

$299.36 /

+13.3 (+4.65%)

Barclays analyst Ramsey…

Barclays analyst Ramsey El-Assal lowered the firm's price target on Accenture to $370 from $455 and keeps an Overweight rating on the shares following the fiscal Q3 results. The analyst reduced Accenture's valuation multiple saying market multiples for companies in the IT Services sector have compressed materially.

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ACN Accenture
$299.36 /

+13.3 (+4.65%)

ACN Accenture
$299.36 /

+13.3 (+4.65%)

06/24/22 RBC Capital
Accenture price target lowered to $357 from $435 at RBC Capital
06/24/22 Cowen
Accenture price target lowered to $325 from $330 at Cowen
06/24/22 Baird
Accenture price target lowered to $310 from $340 at Baird
06/24/22 Morgan Stanley
Accenture price target lowered to $385 from $390 at Morgan Stanley
ACN Accenture
$299.36 /

+13.3 (+4.65%)

ACN Accenture
$299.36 /

+13.3 (+4.65%)

ACN Accenture
$299.36 /

+13.3 (+4.65%)

Friday
Recommendations
Darden price target lowered to $130 from $140 at BMO Capital » 09:26
06/24/22
06/24
09:26
06/24/22
09:26
DRI

Darden

$115.64 /

+0.425 (+0.37%)

BMO Capital analyst…

BMO Capital analyst Andrew Strelzik lowered the firm's price target on Darden to $130 from $140 and keeps a Market Perform rating on the shares. The company's Q4 results saw stronger comps and favorable tax rate more than offset lower margins, the analyst tells investors in a research note. Strelzik adds that a recession is "largely priced in" and Darden's multiple will likely follow the sales trajectory, though improved earnings visibility is needed for shares to realize upside.

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DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

06/24/22 RBC Capital
Darden price target lowered to $143 from $151 at RBC Capital
06/24/22 Morgan Stanley
Darden price target lowered to $148 from $161 at Morgan Stanley
06/24/22 Truist
Darden price target lowered to $136 from $180 at Truist
06/24/22 Credit Suisse
Darden price target lowered to $152 from $175 at Credit Suisse
DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

Recommendations
Darden price target lowered to $143 from $151 at RBC Capital » 09:21
06/24/22
06/24
09:21
06/24/22
09:21
DRI

Darden

$115.64 /

+0.425 (+0.37%)

RBC Capital analyst…

RBC Capital analyst Christopher Carril lowered the firm's price target on Darden to $143 from $151 but keeps an Outperform rating on the shares after its Q4 results. Softening industry trends and a back-half-weighted guide will likely be the focal points post-earnings, but the company should be able to deliver FY23 EPS toward the upper-end of its guidance range thanks to its disciplined approach to pricing and cost efforts helping to offset pressure on margins, the analyst tells investors in a research note.

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DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

06/24/22 Morgan Stanley
Darden price target lowered to $148 from $161 at Morgan Stanley
06/24/22 Truist
Darden price target lowered to $136 from $180 at Truist
06/24/22 Credit Suisse
Darden price target lowered to $152 from $175 at Credit Suisse
06/24/22 Deutsche Bank
Darden price target lowered to $124 from $152 at Deutsche Bank
DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

Recommendations
Darden price target lowered to $148 from $161 at Morgan Stanley » 09:12
06/24/22
06/24
09:12
06/24/22
09:12
DRI

Darden

$115.64 /

+0.425 (+0.37%)

Morgan Stanley analyst…

Morgan Stanley analyst John Glass lowered the firm's price target on Darden to $148 from $161 and keeps an Overweight rating on the shares. While he views Darden as "the best positioned casual diner in an increasingly uncertain macro environment," Glass expects full service restaurants in particular to face greater headwinds over the coming quarters, adding that there is early evidence from June of some industry-wide softening. Taking the mid-point of Darden's guidance range, he has lowered his FY23 estimates by about 5%, Glass noted.

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DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

06/24/22 Truist
Darden price target lowered to $136 from $180 at Truist
06/24/22 Credit Suisse
Darden price target lowered to $152 from $175 at Credit Suisse
06/24/22 Deutsche Bank
Darden price target lowered to $124 from $152 at Deutsche Bank
06/24/22 Baird
Darden price target lowered to $136 from $146 at Baird
DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

Recommendations
Accenture price target lowered to $357 from $435 at RBC Capital » 09:03
06/24/22
06/24
09:03
06/24/22
09:03
ACN

Accenture

$285.99 /

-0.98 (-0.34%)

RBC Capital analyst…

RBC Capital analyst Daniel Perlin lowered the firm's price target on Accenture to $357 from $435 but keeps an Outperform rating on the shares after its Q3 results. The company delivered another solid quarter with strong double-digit growth across all services and a continuation of strong bookings momentum, though its earnings guidance was tightened toward the lower end on increased FX headwinds and this quarter's Russian charge, the analyst tells investors in a research note. Perlin adds that Accenture's bookings growth remains solid, with new bookings up 10% y/y on a reported basis.

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ACN Accenture
$285.99 /

-0.98 (-0.34%)

ACN Accenture
$285.99 /

-0.98 (-0.34%)

06/24/22 Cowen
Accenture price target lowered to $325 from $330 at Cowen
06/24/22 Baird
Accenture price target lowered to $310 from $340 at Baird
06/24/22 Morgan Stanley
Accenture price target lowered to $385 from $390 at Morgan Stanley
06/24/22 Citi
Accenture price target lowered to $330 from $400 at Citi
ACN Accenture
$285.99 /

-0.98 (-0.34%)

ACN Accenture
$285.99 /

-0.98 (-0.34%)

ACN Accenture
$285.99 /

-0.98 (-0.34%)

Recommendations
Apogee Enterprises price target lowered to $43 from $47 at Craig-Hallum » 08:14
06/24/22
06/24
08:14
06/24/22
08:14
APOG

Apogee Enterprises

$39.98 /

+2.14 (+5.66%)

Craig-Hallum analyst Eric…

Craig-Hallum analyst Eric Stine lowered the firm's price target on Apogee Enterprises to $43 from $47 and keeps a Hold rating on the shares. The company had a good start to FY23 with Q1 exceeding expectations across the board, Stine tells investors in a research note. The analyst is encouraged by Apogee's operational progress, but says several potential market headwinds and uncertainties are worth watching and could mean the positive non-residential construction market backdrop proves unsustainable.

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APOG Apogee Enterprises
$39.98 /

+2.14 (+5.66%)

APOG Apogee Enterprises
$39.98 /

+2.14 (+5.66%)

04/08/22 Craig-Hallum
Apogee Enterprises downgraded to Hold from Buy at Craig-Hallum
04/08/22 Craig-Hallum
Apogee Enterprises downgraded to Hold from Buy at Craig-Hallum
12/22/21 DA Davidson
Apogee Enterprises price target raised to $50 from $37 at DA Davidson
11/18/21 Craig-Hallum
Apogee Enterprises price target raised to $54 from $48 at Craig-Hallum
APOG Apogee Enterprises
$39.98 /

+2.14 (+5.66%)

APOG Apogee Enterprises
$39.98 /

+2.14 (+5.66%)

Hot Stocks
KB Home announces grand opening of Orchid in Torrance, California » 08:11
06/24/22
06/24
08:11
06/24/22
08:11
KBH

KB Home

$28.50 /

+2.28 (+8.70%)

KB Home announced the…

KB Home announced the grand opening of Orchid, a new, gated townhome community in Torrance, California. The new neighborhood is situated just east of Normandie Avenue near Interstates 110 and 405. Orchid is adjacent to Normandale Recreation Center, which hosts a skate park, indoor and outdoor sports courts, baseball fields and children's play areas as well as organized sports, fitness and cultural programs.

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KBH KB Home
$28.50 /

+2.28 (+8.70%)

KBH KB Home
$28.50 /

+2.28 (+8.70%)

06/23/22 Evercore ISI
KB Home price target raised to $50 from $46 at Evercore ISI
06/23/22 Wedbush
KB Home price target lowered to $60 from $73 at Wedbush
06/16/22 UBS
KB Home price target lowered to $45 from $66 at UBS
06/08/22 Barclays
KB Home price target lowered to $44 from $47 at Barclays
KBH KB Home
$28.50 /

+2.28 (+8.70%)

KBH KB Home
$28.50 /

+2.28 (+8.70%)

KBH KB Home
$28.50 /

+2.28 (+8.70%)

KBH KB Home
$28.50 /

+2.28 (+8.70%)

Recommendations
Darden price target lowered to $136 from $180 at Truist » 08:06
06/24/22
06/24
08:06
06/24/22
08:06
DRI

Darden

$115.64 /

+0.425 (+0.37%)

Truist analyst Jake…

Truist analyst Jake Bartlett lowered the firm's price target on Darden to $136 from $180 but keeps a Buy rating on the shares after its Q4 results. The company's same-store-sales outperformance accelerated and its guidance calls for "solid" sales, but its costs were also "elevated", the analyst tells investors in a research note. Bartlett adds that Darden does not plan to increase marketing spend and return to value promotions, which is a positive for the company's margins, though his price target reflects growing macro risks.

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DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

06/24/22 Credit Suisse
Darden price target lowered to $152 from $175 at Credit Suisse
06/24/22 Deutsche Bank
Darden price target lowered to $124 from $152 at Deutsche Bank
06/24/22 Baird
Darden price target lowered to $136 from $146 at Baird
06/24/22 Citi
Darden price target raised to $140 from $134 at Citi
DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

Recommendations
Accenture price target lowered to $325 from $330 at Cowen » 07:45
06/24/22
06/24
07:45
06/24/22
07:45
ACN

Accenture

$285.99 /

-0.98 (-0.34%)

Cowen analyst Bryan…

Cowen analyst Bryan Bergin lowered the firm's price target on Accenture to $325 from $330 and keeps an Outperform rating on the shares. The analyst said it was a solid #3 and a good outlook and pipeline commentary which reflected no disruption to demand in spite of macro market concerns. He said its solid long-term positioning, durable model and financial capacity likely limits any meaningful earnings per share impact should a slowdown occur; however he acknowledges the shares may remain range-bound as a valuation debate persists and until its 2023 growth trajectory is addressed.

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ACN Accenture
$285.99 /

-0.98 (-0.34%)

ACN Accenture
$285.99 /

-0.98 (-0.34%)

06/24/22 Baird
Accenture price target lowered to $310 from $340 at Baird
06/24/22 Morgan Stanley
Accenture price target lowered to $385 from $390 at Morgan Stanley
06/24/22 Citi
Accenture price target lowered to $330 from $400 at Citi
06/24/22 Piper Sandler
Accenture price target lowered to $305 from $368 at Piper Sandler
ACN Accenture
$285.99 /

-0.98 (-0.34%)

ACN Accenture
$285.99 /

-0.98 (-0.34%)

ACN Accenture
$285.99 /

-0.98 (-0.34%)

Recommendations
Darden price target lowered to $152 from $175 at Credit Suisse » 07:09
06/24/22
06/24
07:09
06/24/22
07:09
DRI

Darden

$115.64 /

+0.425 (+0.37%)

Credit Suisse analyst…

Credit Suisse analyst Lauren Silberman lowered the firm's price target on Darden to $152 from $175 and keeps an Outperform rating on the shares. Darden's Q4 print and FY23 guidance were in-line with expectations, while heightened cost pressures continue to weigh on margins, Silberman tells investors in a research note. The analyst remains bullish on Darden as its long-term back-to-basics strategy and below-industry pricing philosophy should drive share gains.

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DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

06/24/22 Deutsche Bank
Darden price target lowered to $124 from $152 at Deutsche Bank
06/24/22 Baird
Darden price target lowered to $136 from $146 at Baird
06/24/22 Citi
Darden price target raised to $140 from $134 at Citi
06/24/22 Wedbush
Darden price target lowered to $122 from $140 at Wedbush
DRI Darden
$115.64 /

+0.425 (+0.37%)

DRI Darden
$115.64 /

+0.425 (+0.37%)

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