Deutsche Bank believes the current consensus EPS appears likely to be elevated given ongoing cost pressures, supply chain bottlenecks, growing BTL headwinds, and PEP's own propensity to reinvest. Therefore, while constructive on PEP's performance in the current quarter following the recent pullback, Deutsche Bank maintains its Hold rating with a $186 price target as it awaits further clarity on the cost ...

Related to future considerations, although Deutsche Bank believes K should be positioned to meet its long-term sales and operating profit targets in FY23 (i.e., FX-neutral sales growth of +1%-3% and FX-neutral operating profit growth of +4%-6%), it notes that +DD cost inflation and supply disruptions could challenge such expectations. Thus, Deutsche Bank maintains the Hold rating but lowers the forward estimat...

Despite a weak advertising market leading to less-than-impressive revenue in this segment, solid parks and competitive park attendance have allowed Disney to remain positive in revenue. UBS expects the price target on the Disney F1Q23 preview to be $122 and maintains a buy rating based on the following analysis.
Solid Parks and slightly improved DTC dilution benefit total revenue growth
With the continued Parks strength and the slightly improved DTC ...

AMD 2022 Q4 results: GAAP, revenue of $5.6 billion slightly supermarket expectations, up 16% year-on-year, 0.6% month-on-month, gross margin of 43% , down 7 percentage points year-on-year; For 2022, revenue was $23.6 billion, up 44% year-on-year, gross margin was 45% , down 3 percentage points year-on-year, and net profit was $1.32 billion, down 58% year-on-year.
1.Data centers grow strongly to the first business, smoothing PC bus...

Over the past decade, semiconductor and semiconductor equipment stocks have consistently outperformed the broader markets, on average, by ~1100 bps per year, withannual outperformances in seven out of the last 10 years (trailing basis).
semiconductor and semiconductor equipment stocks should outperform the broader markets longer term on five key drivers:
1) realization that semiconductors are the foundational building block for all...