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Business Insider
8 hours ago
- Business
- Business Insider
UBS Reaffirms Their Buy Rating on Symrise (0G6T)
In a report released today, Charles Eden from UBS maintained a Buy rating on Symrise (0G6T – Research Report), with a price target of €115.00. The company's shares closed yesterday at €89.14. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Eden covers the Consumer Defensive sector, focusing on stocks such as Givaudan SA, Symrise, and Kerry Group plc. According to TipRanks, Eden has an average return of -0.4% and a 48.06% success rate on recommended stocks. Currently, the analyst consensus on Symrise is a Moderate Buy with an average price target of €114.91, implying a 28.91% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a €120.00 price target.
Business Insider
8 hours ago
- Business
- Business Insider
LVMH Moet Hennessy Louis Vuitton (0HAU) Receives a Hold from TD Cowen
TD Cowen analyst Oliver Chen maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price target of €500.00. The company's shares closed last Friday at €447.45. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Chen covers the Consumer Cyclical sector, focusing on stocks such as e.l.f. Beauty, Kohl's, and Capri Holdings. According to TipRanks, Chen has an average return of 5.9% and a 51.81% success rate on recommended stocks. Currently, the analyst consensus on LVMH Moet Hennessy Louis Vuitton is a Moderate Buy with an average price target of €585.40, which is a 30.83% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a €487.00 price target. The company has a one-year high of €771.85 and a one-year low of €419.00. Currently, LVMH Moet Hennessy Louis Vuitton has an average volume of 262.1K.
Business Insider
10 hours ago
- Business
- Business Insider
‘It's Time to Pull the Trigger,' Says Jefferies About Disney Stock
Since 2016, Walt Disney (NYSE:DIS) has faced various challenges that have constrained operating income growth. The steady decline of its traditional linear TV business, streaming losses, and the severe disruption from COVID-19 – which shut down parks, film production, and theatrical releases – have all weighed on profitability. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. However, now Jefferies analyst James Heaney believes the company has 'finally righted the ship and the drivers ahead can change this dynamic.' So, what are these drivers? For one, Heaney had previously been worried about growth in Disney's Experiences segment – which accounts for roughly 60% of the company's operating income – given a 'tough macro environment' and the anticipated competitive pressure from the opening of Universal's Epic Universe. However, more recent data on trends at Walt Disney World support management's upbeat commentary in May, particularly regarding forward bookings, thereby 'reducing slowdown risks' in FY25. And looking ahead to FY26, the Experiences segment appears 'well-positioned,' with two new cruise ships set to launch and Epic Universe potentially shifting from a headwind to an 'Orlando traffic tailwind.' The analyst believes this 'creates a fundamentally stronger set-up,' projecting ~10% operating income growth in FY26 and 8% in FY27, compared to just 3.6% in FY24. Next, Heaney sees potential for a meaningful revenue boost from Disney's cruise business, estimating that the launch of two new ships in the first quarter of 2026 could generate an incremental $1 billion to $1.5 billion in annualized revenue (based on comparisons with Norwegian Cruise Line Holdings). As a result, the analyst is now calling for 14% year-over-year growth for the Resorts and Vacations segment, up from the previous forecast of 8%. Third, Heaney thinks that Disney's DTC (direct-to-consumer) segment will be a key driver of operating income growth, estimating a CAGR (compound annual growth rate) of over 130%, with margins expanding from just 0.6% in FY24 to more than 13% by FY28. In FQ2, Disney outperformed modest expectations around subscriber losses, helped by the success of Moana 2. The company continues to lean into its 'key differentiations' – including bundling, theatrical releases, and sports content – and early indicators suggest this approach is gaining traction. Visits to Disney+ have grown more than 40% YoY for three consecutive months. 'Stronger user growth and content coupled with advertising (new Amazon partnership) should drive enhanced scale and margins,' Heaney went on to say. Lastly, Disney's content and sports are 'on the right path.' Recent successes like Moana 2, Lilo & Stitch, and Andor have helped build a foundation, but the upcoming slate – including The Bear, Fantastic Four, Zootopia 2, and Avatar 3 – suggests a pipeline of strong releases. On the sports side, the analyst expects the launch of ESPN's direct-to-consumer service this fall will significantly increase ARPU (average revenue per user) in the Sports segment – anticipating a 25% YoY gain – that should 'serve as a catalyst to driving higher overall DIS CTV ad rev.' Taking all of this into account, Heaney is ready to shift gears, upgrading his rating on Disney stock from Hold to Buy. He's also lifting his price target from $100 to $144, pointing to a potential upside of 16% from here. (To watch Heaney's track record, click here) Heaney joins plenty of his colleagues in the bull camp; 15 others see the stock as a Buy while the addition of 3 Holds can't detract from a Strong Buy consensus rating. Going by the $129.24 average price target, shares will gain 4% in the months ahead. (See Disney stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Business Insider
10 hours ago
- Business
- Business Insider
Apple (AAPL) Must Face DOJ Antitrust Suit as Judge Rejects Dismissal Bid
Apple's (AAPL) legal troubles just deepened. A federal judge has denied the tech giant's attempt to dismiss an antitrust lawsuit brought by the Department of Justice (DOJ) and 16 state attorneys general. The move could reshape how Apple operates its ecosystem. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The case is now set for a long court battle that could last for years. If the DOJ wins, Apple may be forced to open up its platform, potentially allowing more freedom for third-party apps and services and changing how its users interact with their devices. This ruling also comes amid a broader crackdown on Big Tech, with Alphabet's (GOOGL) Google, Meta (META), and Amazon (AMZN) all facing similar scrutiny. Judge Says Apple Must Face Lawsuit Over Blocking Competition The lawsuit, originally filed in March 2024, accuses Apple of using its control over the iPhone and related services to stifle competition and hurt innovation. The DOJ claims AAPL has built a 'walled garden' that unfairly limits access for rival apps, smartwatches, digital wallets, and messaging platforms. U.S. District Judge Julien Neals said the DOJ presented enough proof to move forward. He pointed to the iPhone maker's tech limits that might block rivals and noted messages showing AAPL may have tried to stay on top by shutting out competition. However, Apple strongly disagrees. The company said its system is built to keep users safe and provide a smooth experience, not to block other companies. Is Apple a Buy, Sell, or Hold? Turning to Wall Street, AAPL stock has a Moderate Buy consensus rating based on 16 Buys, nine Holds, and four Sells assigned in the last three months. At $226.54, the average Apple stock price target implies a 10.42 upside potential.
Business Insider
10 hours ago
- Business
- Business Insider
Topaz Energy Corp (TPZ) Receives a Buy from RBC Capital
RBC Capital analyst Michael Harvey maintained a Buy rating on Topaz Energy Corp (TPZ – Research Report) yesterday and set a price target of C$32.00. The company's shares closed yesterday at C$25.66. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Harvey is a 5-star analyst with an average return of 16.0% and a 55.97% success rate. Harvey covers the Energy sector, focusing on stocks such as ARC Resources, Whitecap Resources, and Tamarack Valley Energy. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Topaz Energy Corp with a C$30.67 average price target. The company has a one-year high of C$29.51 and a one-year low of C$21.00. Currently, Topaz Energy Corp has an average volume of 361.5K.
