Analysts at Wedbush have raised their price target on Apple Inc (NASDAQ:AAPL, ETR:APC) and repeated their ‘Outperform’ rating on the stock after the iPhone maker delivered better-than-expected results for the June quarter and a strong outlook.
They raised their price target to $285 from $275, implying upside of about 28% from Apple’s share price on Friday morning.
Haleon PLC (LSE:HLN, NYSE:HLN) interim results showed its resilience and dependability in very tough markets, suggests Deutsche Bank. adding it deserves a higher rating.
“The stock has been strong into results and the positive margin performance, along with some low season improvement in respiratory sell-out, is supporting the stock.
British Airways owner International Consolidated Airlines Group SA (LSE:IAG) is the only airline operator with forward earnings momentum, according to the analysts at Panmure Liberum.
Second quarter numbers today were well ahead of consensus, it adds, in sharp contrast to its peers.
Intertek Group PLC (LSE:ITRK)’s solid first-half update was met with a “sell” rating by Shore Capital analysts, which dubbed the shares fully valued despite the “upbeat” report.
“The performance appears in line with our modelled expectations at this juncture, accordingly our forecasts remain unchanged,” analysts at the bank wrote in a note.
Next PLC (LSE:NXT), the clothing retailer whose shares soared to an all-time high this week, “pulled another rabbit out of the hat” after increasing international sales by more than 20% in the first half, said Deutsche Bank analysts.
According to Deutsche analysis, Next’s international sales contributed 75% of the total Next branded sales growth of £110 million in the first six months of 2024.