Latest news with #TienTsinHuang
Yahoo
21-07-2025
- Business
- Yahoo
Block's S&P Debut May Spark Massive Upside
Block (NYSE:XYZ) popped nearly 3% in early trading after JPMorgan's Tien?tsin Huang bumped his price target from $60 to $90, eyeing a 24% gain when the stock joins the S&P 500 on July 23. It's hard to ignore the upside when index funds are set to grab over 54 million sharesin other words, more than seven times its usual daily trading volume. Warning! GuruFocus has detected 6 Warning Sign with XYZ. Huang points out that this influx should juice liquidity and give the share price a lift just ahead of the rebalance. On top of that, faster product rollouts and sharper marketing have kicked new momentum into Block's merchant tools and Cash App offerings. His $90 target rests on a five times forward gross profit multiple, still below the seven to nine times range that many fintech peers command. That gap suggests there's room for investors to rerate Block alongside its inclusion boost. Wall Street expects second?quarter earnings per share of 67 cents per share, down about 28% YOY, and revenues of $6.27 billion when results land on August 7. Despite the fundamental headwind, inclusion?driven demand often outpaces those drags in the weeks around rebalance. For anyone watching fintech, the S&P debut and the Q2 print will be must?see events. They should set the stage for Block's next move higher. This article first appeared on GuruFocus.
Yahoo
20-06-2025
- Business
- Yahoo
Accenture (ACN) Target Price Raised by JP Morgan
Accenture plc (NYSE:ACN) is one of the 11 must-buy AI stocks analysts are betting on. On June 16, JPMorgan analyst Tien Tsin Huang reiterated an Overweight rating on the stock and increased the price target to $353 from $349. The adjustment underscores a positive outlook on the company's performance. Pixabay/Public Domain Additionally, the analyst reiterated the Overweight rating based on the expectation that Accenture would deliver better-than-expected fiscal third-quarter results. The company is expected to report revenue in line with forecasts, with a slight increase in earnings due to currency fluctuations. Accenture's fiscal 2025 revenue is expected to remain steady at its midpoint. Accenture plc (NYSE:ACN) is a global professional services company that provides a wide range of services, including strategy, consulting, digital, technology, and operations. Its solutions help clients reinvent their businesses, leveraging technology, data, AI, and new working methods. While we acknowledge the potential of ACN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today. Disclosure: None.
Business Insider
22-05-2025
- Business
- Business Insider
J.P. Morgan Reaffirms Their Sell Rating on DXC Technology (DXC)
J.P. Morgan analyst Tien Tsin Huang maintained a Sell rating on DXC Technology (DXC – Research Report) yesterday and set a price target of $18.00. The company's shares closed yesterday at $14.76. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Tsin Huang is a 5-star analyst with an average return of 7.2% and a 58.68% success rate. Tsin Huang covers the Technology sector, focusing on stocks such as Flywire, Cognizant, and Fidelity National Info. Currently, the analyst consensus on DXC Technology is a Hold with an average price target of $16.50. Based on DXC Technology's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.23 billion and a net profit of $57 million. In comparison, last year the company earned a revenue of $3.4 billion and had a net profit of $156 million
