The sharpest price target revisions came from Craig-Hallum, which lowered its target from $70 to $55, and Northland, which cut its projection from $66 to $48.
The company also witnessed the 15th consecutive month of at least 300,000 new account openings, with 362,000 new brokerage accounts opened in February.
Block said that SFS will commence servicing and originating Cash App Borrow loans in the coming weeks and gradually ramp up volumes over the coming quarters.
CEO Stephen J. Squeri’s optimism is driven by factors like the company’s differentiated business model, including its brand, global premium customer base at scale, and its network of partners.
While analysts still expect the consulting giant to post results ahead of the Wall Street consensus, they’re cautious about the impact of shifting U.S. policy expectations under Trump’s administration.
Instead of selling the entirety or parts of its business, Intel is reportedly exploring outside financial backers, including customers interested in taking a stake in its manufacturing unit.
The company said its artificial intelligence innovation, combined with new features added to all PagerDuty Incident Management packages, positions it well to accelerate enterprise momentum in the second half.
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The RBC analyst reportedly indicated that Wells Fargo could hit a higher valuation once it lifts its asset cap and achieves a 15% return on average common equity.
SoFi said this is its largest loan platform business agreement, and the deal comes amid a growing demand for personal loans from its members and debt investors.
According to TheFly, Citi indicated that a growth rate of 3% is achievable, given the expected growth in both the commercial aerospace and defense end markets.
During the fourth quarter, total revenue stood at $4.2 million compared to $7.3 million reported in the same quarter a year ago and an analyst estimate of $4.54 million, according to FinChat data.
Wall Street is also bullish on Tan’s appointment. Bank of America cited his strong track record at Cadence Design Systems, familiarity with Intel from his prior board tenure, and broad industry connections as key positives.
Net sales of its Chubbies brand increased to $24.2 million, up 12.2% year-over-year driven primarily by increased demand within the retail net sales channel.
Daiwa analysts cited President Donald Trump’s tariffs as the biggest concern, believing they can push the economy into a recession and fan inflationary pressure.
GE Aerospace said $500 million will be used to expand capacity to strengthen quality and delivery at several key sites, especially those that support the production and assembly of the narrow-body CFM LEAP engine.
Bank of America anticipates that Nvidia will discuss its long-term ambitions in autonomous vehicles, physical AI, robotics, and quantum computing at the GPU Technology Conference 2025, scheduled for March 17 to 22.
