Novosti i prognoe: tržište kapitala od 26-02-2021

U.S. stock-index futures rose on Friday, as the heavily-weighted technology stocks rebounded after the recent sell-off after the core PCE price index, the Fed's preferred inflation measure,  showed tame price pressures.

Global Stocks:

(company / ticker / price / change ($/%) / volume)

Twitter (TWTR) target raised to $95 from $77.25 at Pivotal Research Group

HP (HPQ) target raised to $27 from $23 at Cowen

American Intl (AIG) upgraded to Overweight from Neutral at Atlantic Equities; target $55

HP (HPQ) upgraded to Overweight from Neutral at JP Morgan; target raised to $38

FXStreet notes that the S&P 500 has seen an aggressive rejection of resistance at 3930/34 on increased volume as rising bond yields and then the poor Treasury auction last night took their toll. This raises the prospect of a lengthier consolidation and a test of more important supports at 3792/74 – the early February price gap and rising 63-day average, in the view of the Credit Suisse analyst team.

“We look for a break below 3806 for a test of a cluster of what we see as more important supports at 3792/74 – the early February price gap and rising 63-day average. Our bias remains for this to remain a floor to define the lower end of a sideways range, ahead of the broader uptrend eventually resuming.” 

“A close below 3774 would be seen as technically important, raising the prospect of a more protracted and deeper corrective phase with support seen next at 3728/26 and then more importantly at the 3694 late January low.” 

Salesforce.com (CRM) reported Q4 FY 2021 earnings of $1.04 per share (versus $0.66 per share in Q4 FY 2020), beating analysts’ consensus estimate of $0.75 per share.

The company’s quarterly revenues amounted to $5.817 bln (+19.9% y/y), beating analysts’ consensus estimate of $5.682 bln.

The company also issued upside guidance for Q1 FY 2022, projecting EPS of $0.88-0.89 versus analysts’ consensus estimate of $0.76 and revenues of $5.875-5.885 bln versus analysts’ consensus estimate of $5.72 bln.

For the full FY 2022, it guided EPS of $3.39-3.41 versus analysts’ consensus estimate of $3.51 and revenues of $25.65-25.75 bln versus analysts’ consensus estimate of $25.43 bln.

CRM fell to $222.00 (-3.93%) in pre-market trading.

HP Inc. (HPQ) reported Q1 FY 2021 earnings of $0.92 per share (versus $0.65 per share in Q1 FY 2020), beating analysts’ consensus estimate of $0.66 per share.

The company’s quarterly revenues amounted to $15.646 bln (+7.0% y/y), beating analysts’ consensus estimate of $15.004 bln.

The company also issued upside guidance for Q2 FY 2021, projecting EPS of $0.84-0.90 versus analysts’ consensus estimate of $0.61.

For the full FY 2021, company guided EPS of $3.15-3.25 versus analysts’ consensus estimate of $2.65.

HPQ rose to $28.41 (+0.78%) in pre-market trading.