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McDonald’s reported its Q4 results today, with top and bottom-line numbers ahead of expectations. However, the company’s income margin in Q4 was weaker than expected, as it was negatively impacted by elevated input costs, as well as store closures linked to the conflict in Ukraine. The company expects inflation to continue to be a headwind in the current quarter.
Shares fell more than 1% today.
Evercore ISI raised the price target on NXP Semiconductors NV (NXPI) to $225.00 from $200.00 while maintaining an Outperform rating.
Shares closed more than 2% higher today after the company reported mixed Q4 results, softer-than-expected revenue guidance for Q1, and hiked its dividend by 20%.
Credit Suisse lowered the price target on Pfizer (PFE) to $50.00 from $54.00 while maintaining an Outperform rating. The company reported better-than-expected Q4 EPS today but guided 2023 below the Street.
Deutsche Bank raised the price target on Dole (DOLE) to $17.00 from $15.00 while maintaining a Buy rating.
Shares gained more than 7% today after the company announced a sale of its Fresh Vegetables Division to Fresh Express Incorporated, a wholly-owned subsidiary of Chiquita Holdings Limited, for $293 million.
JPMorgan lowered the price target on Entergy Corp (ETR) to $138.00 from $140.00 while maintaining an Overweight rating.
Citi raised the price target on Sensata Technologies (ST) to $55.00 from $42.00 while maintaining a Neutral rating. Shares gained more than 10% today after the company reported a Q4 beat.
JPMorgan lowered the price target on Dominion Resources, Inc. (D) to $65.00 from $66.00 while maintaining a Neutral rating.
By Davit Kirakosyan
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