Citigroup Maintains Neutral on Salesforce, Raises Price Target to $233
Citigroup analyst Tyler Radke maintains Salesforce (NYSE:CRM) with a Neutral and raises the price target from $204 to $233.
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US homebuyers hit a record low as sellers outnumber buyers by 51.3%, giving buyers more negotiating power.
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Citigroup analyst Tyler Radke maintains Salesforce (NYSE:CRM) with a Neutral and raises the price target from $204 to $233.
Read original at benzingaHormel Foods reported Q3 adjusted EPS of 37 cents, beating consensus estimates, but net sales fell 2.4% to $2.96B, missing expectations. The company expanded operating margins by 60 basis points despite volume declines across segments. Hormel lowered fiscal 2026 sales guidance to $12.1-$12.2B but raised EPS guidance to $1.45-$1.51, reflecting a Brazil divestiture and challenging external environment.
Read original at zacks-investment-researchBath & Body Works (BBWI) exceeded Q2 earnings and sales expectations with adjusted EPS of 62 cents (vs. 24 cents consensus) and net sales of $1,514 million. The company returned to direct sales growth for the first time since 2021, benefiting from improved digital conversion and expanded distribution. BBWI raised its FY'26 adjusted EPS guidance to $2.60-$2.80 and free cash flow to $650 million, driving shares up 7.5%.
Read original at zacks-investment-researchRalph Lauren (RL) delivered solid first-quarter fiscal 2027 results with North America Retail comparable sales up 9% and digital comparable sales rising 8%. The company saw strong growth in women's apparel, outerwear, and handbags (each exceeding 20%), added 1.5 million new customers to its DTC businesses, and continues investing in AI and technology. However, RL shares have underperformed the industry over the past three months and trade at a premium valuation.
Read original at zacks-investment-researchBest Buy stock fell 4.3% despite beating earnings expectations ($1.47 vs $1.35 expected), exceeding sales forecasts ($9.8B vs $9.5B expected), and raising full-year guidance. The company reported 3.6% sales growth and 15% profit growth in fiscal Q2 2027, with only a minor 4.2% decline in international sales. The stock decline appears disconnected from the positive fundamentals, with the company trading at an attractive 12.2x forward earnings.
Read original at the-motley-foolDave Inc. is pursuing larger ExtraCash advances and removing fee caps to boost revenue per user. Q2 2026 saw originations climb 27% to $2.3 billion with average advance size reaching $215. The company raised 2026 revenue guidance to $725-$735 million. Credit performance remains strong with the 28-day past-due rate improving to 2.12%, supported by the CashAI V6 algorithm showing higher advances and lower losses.
Read original at zacks-investment-research