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Investing.com2h agoneutral
Jefferies downgrades Best Buy to Hold on slowing demand, memory cost concerns

Investing.com -- Jefferies downgraded Best Buy, a U.S. consumer electronics retailer to Hold from Buy, saying the market already reflects an optimistic outlook for second-quarter comparable sales while earnings upside beyond that could prove more limited amid softer consumer demand and rising cost pressures.

Goldman Sachs' new oil price target sparks wild onchain trading
TheStreet15h agoneutral
Goldman Sachs' new oil price target sparks wild onchain trading

As the U.S.-Iran standoff continues, Goldman Sachs unveiled its price target for Brent crude oil on Aug. 4. The bank said it expects Brent crude to trade in the range of $80-$90 a barrel until there is ​either confirmation of a new nuclear deal or a ‌significant escalation of the conflict, as ...

Is Celestica (TSX:CLS) Still Below Fair Value After Raised Outlook?
Simply Wall St.21h agoneutral
Is Celestica (TSX:CLS) Still Below Fair Value After Raised Outlook?

After a huge multi year run, Celestica stock still screens cheap on Simply Wall St’s valuation checks, and the latest Discounted Cash Flow (DCF) intrinsic value estimate suggests the current share price trades at a sizeable discount to that assessment. Celestica has delivered a very large return over the past 5 years, which makes today’s pricing especially important for investors who are either holding gains or considering a fresh entry. Upgraded expectations for future revenue and earnings...

Amazon (AMZN) Stock Fair Value Edges Higher After AWS And AI Price Target Debate
Simply Wall St.3d agoneutral
Amazon (AMZN) Stock Fair Value Edges Higher After AWS And AI Price Target Debate

The fair value estimate for Amazon.com has shifted to US$319.69 from US$312.99, signaling a modest adjustment in how analysts are framing potential upside. That move sits alongside fresh Street commentary that puts AWS execution, heavy AI and data center spending, and mixed consumer signals at the center of the price target debate. As you read on, you will see how these moving parts shape the evolving analyst narrative and what to watch next in the Amazon.com story. Analyst Price Targets...

Ferrari price target lifted on pricing power and personalization growth
Proactive4d agoneutral
Ferrari price target lifted on pricing power and personalization growth

Jefferies raised its price target on Ferrari (NYSE:RACE) to €400 from a previous level, maintaining a 'Buy' rating, after the luxury automaker’s second quarter results highlighted stronger-than-expected pricing power and demand for personalization options. Ferrari (NYSE:RACE) shares were...

Wells Fargo resets Microsoft stock price target
TheStreet5d agoneutral
Wells Fargo resets Microsoft stock price target

There is a pattern that keeps repeating in this AI earnings cycle. A company spends heavily on infrastructure. Analysts get nervous about whether the spending will ever pay off. Targets get trimmed. Then the results come in and the conversation shifts. July 29 was Microsoft's turn to go through ...

Amazon Raised 2026 CapEx by $20 Billion— but CEO Andy Jassy Won't Say How It's Paying for It: 'Nothing to Share...'
Benzinga5d agoneutral
Amazon Raised 2026 CapEx by $20 Billion— but CEO Andy Jassy Won't Say How It's Paying for It: 'Nothing to Share...'

Just weeks after its latest bond sale, Amazon.com Inc. (NASDAQ:AMZN) told Wall Street it now needs an additional $20 billion in capex beyond its original plan. On Thursday, CEO Andy Jassy announced the e-commerce giant is raising its 2026 capital spending target from $200 billion to $220 billion, due to soaring memory chip prices. During the second-quarter earnings call, when an analyst asked about Amazon’s funding strategy for future AI and infrastructure expansion, Jassy demurred: "Nothing to