{
}
Goldman Sachs has downgraded Genuine Parts Company from Neutral to Sell, lowering its price target from $133 to $114, citing weaker market positioning compared to competitors and underperformance in its NAPA and European Automotive businesses. Despite a mixed Q4 2024 earnings report, the firm remains skeptical about the company's projected recovery for FY25, highlighting potential downside risks amid challenging market conditions. Genuine Parts is also facing increased leverage due to acquisition activities, prompting S&P Global Ratings to revise its credit outlook to negative.
Goldman Sachs upgraded ULTA Beauty's stock rating from Neutral to Buy, raising the price target to $423 from $384, citing strong sales momentum and a growing user base. Despite a recent earnings beat, concerns over competition from Sephora and Amazon have led other analysts to lower their price targets, reflecting a cautious outlook amid market challenges.
Walmart's stock soared to an all-time high, while Target's plummeted to a 52-week low following disappointing earnings. Target reported its largest earnings miss in two years, attributing it to a decline in discretionary spending and increased costs, while Walmart raised its full-year forecast, benefiting from a stronger sales performance and gaining upper-income shoppers. Analysts express concerns over Target's market share loss to competitors like Walmart and Amazon, highlighting issues with its merchandise mix and execution.
Kate McShane
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
goldman sachs downgrades genuine parts to sell with reduced price target
AutoZone, Inc.
Genuine Parts Company
O'Reilly Automotive, Inc.
JPMorgan Chase & Co.
USA
Kate McShane
Show more
09:35 01.04.2025
Goldman Sachs upgrades ULTA Beauty to buy with increased price target
United States Dollar
Amazon.com, Inc.
Ulta Beauty, Inc.
Sephora
The Goldman Sachs Group, Inc.
USA
Kate McShane
Show more
09:35 01.04.2025
walmart soars while target struggles amid diverging retail earnings reports
Walmart Inc.
Target Corporation
USA
Michael Lasser
Mike Baker
Paul Lejuez
Kate McShane
Brian Cornell
Show more
22:07 20.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Industry Mergers & Acquisitions
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Workplace Trends
Retail and Consumer Goods
CEO Changes
Market Analysis and Predictions
Global Trade Developments
Central Bank Actions
Startups & Entrepreneurship
Government Policies
Government Economic Policies
Financial Scams and Security
Domestic Politics
Corporate Social Responsibility
Supply Chain Management
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
Barclays PLC
UniCredit S.p.A.
Deutsche Bank Money Market PP
Banco BPM S.p.A.
Credit Suisse Lux Digital Healt
Bank of America Corporation
UBS Group AG
BNP Paribas SA
Apple Inc.
The Goldman Sachs Group, Inc.
Commerzbank AG
CREDIT AGRICOLE
Lloyds Banking Group plc
Wells Fargo & Company
Banco Santander, S.A.
Credit Suisse Strategic Income I
Amazon.com, Inc.
SpaceXCoin USD
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Chinese Yuan
Indian Rupee
Japanese Yen
South Korean Won
Danish Krone
Hong Kong Dollar
Australian Dollar
Offshore Chinese Yuan
Singapore Dollar
Canadian Dollar
Mexican Peso
Norwegian Krone
Indonesian Rupiah
Russian Ruble
Chilean Peso
United Arab Emirates Dirham
People: