Apple, Nvidia and Pfizer fall premarket; Lululemon rises

Apple (AAPL) iPhone 15 demand 'declines across all regions' - UBS

October 18, 2023 9:03 AM EDT

The demand for the Apple (NASDAQ: AAPL) iPhone 15 Pro has declined across all regions relative to last year, according to a note from UBS analyst David Vogt on Wednesday.

The analyst, who has a Neutral rating and $190 per share price target on Apple shares,... More

Here's why Wells Fargo sees this homebuilder stock as a top pick

October 17, 2023 2:16 PM EDT

In a market where concerns about the housing market are rife, it is somewhat of a surprise to see Wells Fargo name one home construction firm as a top pick.

Analysts at the investment bank made the case for housing in a note this week, stating that while they understand homebuilding is cyclical and rates "are a... More

Apple (AAPL) iPhone 15 availability improving - BofA

October 17, 2023 8:59 AM EDT

BofA analyst Wamsi Mohan said that the Apple (NASDAQ: AAPL) iPhone 15 and 15 Pro availability picked back up over the last week.

Mohan, who has a Neutral rating and $208 price target on the stock, said availability for the models is improving, with the firm's proprietary interactive dashboard... More

Moderna (MRNA) 'remains comfortable' with Covid vaccine guidance range after Pfizer slashes forecast

October 16, 2023 2:29 PM EDT

Pharmaceutical company Moderna (NASDAQ: MRNA) released a short statement Monday, aiming to ease worries regarding sales of its Coivd vaccine.

The company's share price dropped Monday after larger rival Pfizer (NYSE: PFE) slashed its 2023 revenue projection by $9 billion late Friday.... More

Deutsche Bank Reacts to Charles Schwab Corp. (SCHW) Q3 2023 Earnings Report

October 16, 2023 9:52 AM EDT

Deutsche Bank analyst Brian Bedell reiterated a Buy rating and $69.00 price target on Charles Schwab Corp. (NYSE: SCHW).

The analyst comments "We view SCHW's 3Q EPS as being overall better than expected with cash sorting easing in September vs. August to monthly... More

Apple (AAPL) Demand in Europe/India Said to be 'Strong" at OTR Global, Demand Stable or Recovered in China/US

October 16, 2023 9:49 AM EDT

Apple (NASDAQ: AAPL) Demand Said to be 'Strong" at OTR Global

Apple's 3Q23 iPhone sell-through in Europe and India was boosted by strong iPhone 15 demand, while yy sell-through trends in China and at U.S. retail stores slightly recovered or remained stable.
... More

Wolfe Research Reacts to Charles Schwab Corp. (SCHW) Q3 2023 Earnings Report

October 16, 2023 9:33 AM EDT

Wolfe Research analyst Steven Chubak reiterated an Outperform rating and $75.00 price target on Charles Schwab Corp. (NYSE: SCHW).

The analyst comments "Key Highlights: NII, Deposits / Deposit Costs, FHLB Balances, Sweep Cash, BDA Fees, AOCI / TCE, Capital. NII of $2.37B was... More

Citi Reacts to Charles Schwab Corp. (SCHW) Q3 2023 Earnings Report

October 16, 2023 9:32 AM EDT

Citi analyst Chris Allen reiterated a Buy rating and $75.00 price target on Charles Schwab Corp. (NYSE: SCHW).

The analyst comments "SCHW reported 3Q23 EPS of $0.77 (vs our est./consensus of $0.75/0.74). Relative to our estimates, the beat was driven by higher revenue (better... More

Moderna (MRNA) remains comfortable with its guided range for FY23 Covid vaccine sales

October 16, 2023 9:03 AM EDT

(Updated - October 16, 2023 9:04 AM EDT)

Moderna (NASDAQ: MRNA) disclosed:

On October 16, 2023, Moderna, Inc. (the Company) provided the following statement on the Statements and Perspectives webpage of its Investor Relations... More

Morgan Stanley cuts Apple (AAPL) price target but doesn't see earnings as a material stock catalyst

October 16, 2023 8:56 AM EDT

Apple's (NASDAQ: AAPL) price target was cut to $210 from $215 at Morgan Stanley on Monday as the firm believes the company's F4Q23 is unlikely to settle any bull/bear debates.

Analyst Erik Woodring, who maintained an Overweight rating on the stock, told investors in a note that they expect an in-line September... More