Latest news with #Moore
Business Insider
2 hours ago
- Business
- Business Insider
Morgans Keeps Their Buy Rating on Flight Centre Travel Group Limited (FGETF)
Morgans analyst Belinda Moore maintained a Buy rating on Flight Centre Travel Group Limited today and set a price target of A$15.35. The company's shares closed last Thursday at $8.10. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Moore covers the Consumer Defensive sector, focusing on stocks such as Elders Limited, Treasury Wine Estates Limited, and a2 Milk Company. According to TipRanks, Moore has an average return of 7.0% and a 59.34% success rate on recommended stocks. In addition to Morgans, Flight Centre Travel Group Limited also received a Buy from Citi's Samuel Seow in a report issued today. However, on the same day, Canaccord Genuity maintained a Hold rating on Flight Centre Travel Group Limited (Other OTC: FGETF). Based on Flight Centre Travel Group Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.33 billion and a net profit of $60.47 million. In comparison, last year the company earned a revenue of $1.29 billion and had a net profit of $86.6 million
Business Insider
2 hours ago
- Business
- Business Insider
AMD Stock Receives Mixed Analyst Ratings Ahead of Q2 Earnings
Advanced Micro Devices (AMD) stock is receiving mixed analyst ratings just as the chip maker prepares to report its second-quarter fiscal 2025 results on August 5. Despite the positive news that AMD will resume the sale of its MI308 chips to China, analysts appear cautious about AMD's long-term outlook. Wall Street expects AMD to report adjusted earnings per share of $0.48 on sales of $7.41 billion. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Yesterday, Susquehanna analyst Christopher Rolland lifted AMD's price target to a Street-high of $210 from $135, while maintaining his 'Buy' rating. Rolland's revised price target reflects nearly 17% upside potential from current levels. At the same time, Morgan Stanley analyst Joseph Moore increased the price target on AMD to $185 from $121 but maintained his 'Hold' rating. Moore's $185 price target reflects 3.1% upside potential. Surprisingly, DZ Bank analyst Ingo Wermann double-downgraded AMD stock to a 'Sell' rating from a 'Buy,' yet raised the price target from $118 to $150, implying 16.4% downside potential from current levels. Analysts Remain Divided on AMD Stock Susquehanna's Rolland expects AMD to deliver in-line to slightly better results on Tuesday, driven by robust PC (personal computer) sales, as rival Intel (INTC) warned that tariff-related pull-ins continued during the quarter. The analyst is also impressed by AMD's server business, noting the company's market share gains in EPYC data center CPUs (central processing units). Rolland expects AMD to recover roughly $800 million (out of $1.5 billion) in lost revenue in the second half of 2025 from the potential China sale resumption. Accordingly, he increased revenue expectations from AMD's MI300 series to over $7 billion, up from the prior estimate of $6.2 billion. Morgan Stanley's Moore remains uncertain about when AMD could actually resume shipping its MI308 AI accelerator to China and thus left his near-term outlook unchanged at a 'Hold' rating. Nonetheless, Moore remains optimistic about AMD's PC segment outlook, especially after Intel's solid quarterly performance. Moore also noted that the potential for AMD's AI revenue to exceed his current estimate of $6 billion is becoming clearer, even though he views AMD in a 'somewhat secondary position in AI' compared to competitors. Turning to DZ Bank's Wermann, the analyst has remained cautious about AMD's future potential. While he has not provided specific reasons for the downgrade, his bearish stance could be due to factors such as competitive landscape and execution risk as well as AMD's position in the AI market. Despite this bearish outlook, Wermann raised AMD's price target, implying improving fundamentals and earnings prospects. What Is AMD's Price Target? On TipRanks, the average AMD price target of $156.47 implies 12.8% downside potential from current levels. Based on Wall Street's varying ratings, AMD has a Moderate Buy consensus rating, with 24 Buys, 10 Holds, and one Sell rating. Year-to-date, AMD stock has surged 48.6%.
Business Insider
2 hours ago
- Business
- Business Insider
Why Is AMD Stock Receiving Mixed Analyst Ratings Ahead of Q2 Earnings?
Advanced Micro Devices (AMD) stock is receiving mixed analyst ratings just as the chip maker prepares to report its second-quarter fiscal 2025 results on August 5. Despite the positive news that AMD will resume the sale of its MI308 chips to China, analysts appear cautious about AMD's long-term outlook. Wall Street expects AMD to report adjusted earnings per share of $0.48 on sales of $7.41 billion. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Yesterday, Susquehanna analyst Christopher Rolland lifted AMD's price target to a Street-high of $210 from $135, while maintaining his 'Buy' rating. Rolland's revised price target reflects nearly 17% upside potential from current levels. At the same time, Morgan Stanley analyst Joseph Moore increased the price target on AMD to $185 from $121 but maintained his 'Hold' rating. Moore's $185 price target reflects 3.1% upside potential. Surprisingly, DZ Bank analyst Ingo Wermann double-downgraded AMD stock to a 'Sell' rating from a 'Buy,' yet raised the price target from $118 to $150, implying 16.4% downside potential from current levels. Analysts Remain Divided on AMD Stock Susquehanna's Rolland expects AMD to deliver in-line to slightly better results on Tuesday, driven by robust PC (personal computer) sales, as rival Intel (INTC) warned that tariff-related pull-ins continued during the quarter. The analyst is also impressed by AMD's server business, noting the company's market share gains in EPYC data center CPUs (central processing units). Rolland expects AMD to recover roughly $800 million (out of $1.5 billion) in lost revenue in the second half of 2025 from the potential China sale resumption. Accordingly, he increased revenue expectations from AMD's MI300 series to over $7 billion, up from the prior estimate of $6.2 billion. Morgan Stanley's Moore remains uncertain about when AMD could actually resume shipping its MI308 AI accelerator to China and thus left his near-term outlook unchanged at a 'Hold' rating. Nonetheless, Moore remains optimistic about AMD's PC segment outlook, especially after Intel's solid quarterly performance. Moore also noted that the potential for AMD's AI revenue to exceed his current estimate of $6 billion is becoming clearer, even though he views AMD in a 'somewhat secondary position in AI' compared to competitors. Turning to DZ Bank's Wermann, the analyst has remained cautious about AMD's future potential. While he has not provided specific reasons for the downgrade, his bearish stance could be due to factors such as competitive landscape and execution risk as well as AMD's position in the AI market. Despite this bearish outlook, Wermann raised AMD's price target, implying improving fundamentals and earnings prospects. What Is AMD's Price Target? On TipRanks, the average AMD price target of $156.47 implies 12.8% downside potential from current levels. Based on Wall Street's varying ratings, AMD has a Moderate Buy consensus rating, with 24 Buys, 10 Holds, and one Sell rating. Year-to-date, AMD stock has surged 48.6%.
Business Insider
3 hours ago
- Business
- Business Insider
Nvidia Stock (NVDA) Gains as Top Analyst Lifts Price Target on ‘Exceptional' AI Strength
Shares of Nvidia (NVDA) rose more than 2% on Wednesday after top-rated Morgan Stanley analyst Joseph Moore raised his price target from $170 to $200. Overall, Moore reaffirmed his bullish outlook on chip stocks, pointing to 'exceptional' AI demand from hyperscalers and leading internet firms. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Morgan Stanley Sees Upside in Nvidia Morgan Stanley's Moore and his team remain optimistic about Nvidia's growth potential. Meanwhile, the new target reflects a price-to-earnings multiple of 33 times its projected 2026 earnings. He emphasized his confidence in Nvidia's AI chip, Blackwell, noting that demand for AI tokens is growing faster than the company can supply, underscoring strong long-term prospects. He further noted that supply constraints are expected to ease in the second half of the year, which could lead to earnings per share (EPS) revisions. Morgan Stanley Boosts Outlook on Chip Stocks Along with Nvidia, Moore lifted his price target for other chip stocks. He raised Broadcom (AVGO) from $270 to $338, Astera Labs (ALAB) from $99 to $125, Marvell Technology (MRVL) from $73 to $80, and Advanced Micro Devices (AMD) from $121 to $185. Notably, Moore described Broadcom as 'the most uncontroversial of the AI names,' highlighting its large market opportunity and long-term growth potential. Morgan Stanley also noted that while AMD plays a relatively smaller role in AI, a rebound in demand for its MI308 chip in China and improving visibility in the PC market support a higher valuation. What Is the Target Price of Nvidia Stock? According to TipRanks, NVDA stock has a Strong Buy consensus rating based on 34 Buys, three Holds, and one Sell assigned in the last three months. At $185.8, the Nvidia share price target implies a 3.6% upside potential.
Middle East Eye
9 hours ago
- Politics
- Middle East Eye
GHF chief attacks UN and media, avoids saying 'Palestinians' when referring to Gaza
The chairman of the scandal-plagued Gaza Humanitarian Foundation (GHF) on Thursday called the United Nations a propaganda tool for Hamas as he promoted the aid scheme at a speech in the US capital, Washington, DC. Johnnie Moore also appeared to avoid saying the term "Palestinian" entirely, instead choosing to describe them as "Arabs" or "Gazans". He did not acknowledge the more than 1,000 deaths at the four GHF sites in the enclave, and railed against the NGOs and media outlets that he said are trying to discredit his work, which he said is built exclusively on Judeo-Christian principles. The Heritage Foundation, where he was speaking, espouses those principles as a core tenet of policymaking under US President Donald Trump. "When establishment media and international organisations spread these false narratives about GHF, they're not attacking us. They're attacking the hungry children that we feed, and instead of lying, they should just help us, because there's another basic rule of life: if Hamas opposes you, it probably means you're doing the right thing, even if the UN secretary general is on their side," Moore said. "As a Christian, when my Bible inspires me to go feed the hungry, it doesn't include a footnote about cross-checking with the UN Charter," he added. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters The GHF was brought in as an attempted alternative to the United Nations aid agencies in Gaza, which have decades of experience, after Israeli Prime Minister Benjamin Netanyahu imposed a total siege on the strip in March. It began operations in May and had a rocky start after its first CEO resigned, citing human rights concerns. The staff is made up of military contractors from the US, with some from the UK. GHF's funding remains a mystery, though the Trump administration has now approved $30m for the organisation, despite initially describing it as a completely independent undertaking that is not government-linked. "There were 950 UN food trucks that were inspected, approved and fully loaded, sitting inside the Gaza Strip rotting because the UN refused to deliver the food while they simultaneously decried hunger in the Gaza Strip," Moore said on Thursday as he justified GHF's work. The UN did not deny that its aid trucks have been waiting for months at the border, but it said its staff is not being allowed in to coordinate the distribution through its own infrastructure that has been in place in some instances since Israel's founding in 1948. "And here's the bitter irony," Moore said. "Some in the United Nations have become the press secretary for Hamas. And in effect, in the ceasefire negotiations, they were sitting on the Hamas side of the table, laundering Hamas disinformation every single day". Information war The US government still insists that Hamas is looting the aid despite the Israeli military confirming it has no such evidence. Hamas has rejected the accusation, and while Palestinians on the ground have acknowledged there is organised theft of aid trucks, they say the perpetrators are gangs that sell the food to traders. The traders then try to sell that food in the open markets at exorbitant prices. "We have to recognise that the current system is prolonging this war and further oppressing the Arab victims of Hamas, the people of Gaza," Moore said, never once saying the proper name for the people of Gaza and all of Palestine, the "Palestinians". Nor did anyone else at the Heritage Foundation, which does not acknowledge that Palestine exists, and openly called for the annexation of the entirety of the occupied West Bank at Thursday's event. Former Gaza contractor says Israeli soldiers were ready to shoot starving children Read More » "This type of work has a cost," Moore continued. "We lost 12 local Gazan aid workers. Hamas brutally murdered them. They injured dozens more, and to make a point, they piled them in front of one of the only hospitals still operating in the Gaza Strip, guarded them within an earshot of the hospital and refused to allow them any medical treatment". Hamas has maintained that the dozen people it killed were part of the Israeli-backed militia known as The Popular Forces, led by a notorious convicted drug trafficker, Yasser Abu Shabab. The US and Israel have tried to prop up Abu Shabab as an alternative to Hamas. By Friday, Moore said, the GHF will have delivered "100 million meals to the people of Gaza - food Hamas could not steal". The claims of millions of meals have also often been repeated by the US State Department, but it's unclear how they are counting these meals, given that Palestinians have described the rations as meagre. The GHF came under intense scrutiny this week after former Green Beret (US Army special forces) and contractor, Anthony Aguilar, revealed the chilling orders the GHF received from the Israeli military, in an interview with US Senator Chris Van Hollen. Aguilar said the Israeli military threatened to shoot Palestinian children if Aguilar did not "take care of this". He said he only later realised that the Israeli military is in fact "the client" that GHF is serving, and that he is not allowed to "say no to the client". Aguilar says he has since severed his contract and is speaking out. The GHF has said Aguilar was fired for misconduct and that he is "disgruntled".
