![]() The firm cited "robust" cruise demand and RCL management's solid execution following the company's first-quarter results. Wells Fargo raised its price target on Royal Caribbean Cruises (RCL) to $88 a share, from $78, and kept its overweight rating on the stock. Baird on Friday raised its price target on PH to to $415 a share, from $411, while maintaining an outperform rating on the stock. Manufacturing firm Parker-Hannifin (PH) delivered a quarterly earnings beat Thursday, and there is no sign of a slowdown. Shares of Peloton Interactive (PTON) closed down more than 13% Thursday after the company reported a greater-than-expected loss for its fiscal third quarter - though, the reason why remains impenetrable. Oppenheimer raised to $85 a share, from $80, and reiterated an outperform rating. UBS lifted to $70 a share, from $68, maintaining a neutral rating. Barclays increased its target to $75 a share, from $70, and maintained an equal weight rating. DoorDash (DASH) received three price target raises following strong first-quarter earnings. The firm cited improved fundamentals at the food manufacturing giant. JPMorgan raised its price target on Kellogg (K) to $72 a share, from $68, while upgrading its rating to neutral, from underweight. The eye-health products company holds the key to saving Club holding Bausch Health (BHC), which is in the process of unravelling its majority stake. Barclays raised its price target on Bausch + Lomb (BLCO) to $18 a share, from $17, citing its "attractive growth profile." The firm maintained an equal weight rating on BLCO shares. Currently, Coterra said it plans to return a total of $420 million to shareholders, representing about 76% of its free cash flow in the first quarter. Club holding Coterra Energy ( CTRA) delivered a first-quarter earnings beat Thursday, while reaffirming its commitment to regularly return at least half of its free cash to shareholders. Shares of Club name Advanced Micro Devices (AMD) closed up more than 6% Thursday on a Bloomberg report that Microsoft (MSFT), another Club stock, is helping the chipmaker expand into artificial intelligence processors. Piper Sandler, meanwhile, was an outlier - lowering its price target on Apple to $180, from $195, even as it maintained an overweight rating on shares. ![]() Both firms reiterated the equivalent of buy ratings. These included Morgan Stanley, which raised its target to $185 per share, from $180, and Deutsche Bank which lifted its target to $180, from $170. ![]() A slate of banks increased their price targets on Apple on Friday. Apple's board authorized a program to repurchase up to $90 billion worth of stock, while raising its quarterly dividend to 24 cents a share. Club holding Apple (AAPL) delivered better-than-expected quarterly results Thursday, with its installed base of active devices expanding to more than 2 billion. My top 10 things to watch Friday, May 5 1. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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