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Jefferies Sees Credit Karma Driving Potential Upside for Intuit Inc. (INTU)
Yahoo Finance· 2026-02-26 17:36
Group 1 - Jefferies has lowered its price target for Intuit Inc. (INTU) to $650 from $850 while maintaining a Buy rating, anticipating solid results in fiscal Q2 despite a "seasonally light" period [1] - The potential upside for Intuit is driven by Credit Karma, with favorable momentum among card issuers [1] - Intuit has introduced a major update to its Consumer Group with the TurboTax "Done-For-You" experience, utilizing Agentic AI for about 90% of standard tax form data entry [2] Group 2 - The new TurboTax experience is supported by nearly 600 Expert Offices and 20 new immersive stores, enhancing customer service [2] - A partnership with Uber Advertising will offer consumers a complimentary ride up to $25 to visit local tax experts, improving accessibility [3] - The program aims to streamline tax preparation, eliminate obstacles, and provide a more effective, individualized, and secure experience for filers [3] Group 3 - Intuit Inc. provides financial, accounting, and tax software solutions, including QuickBooks, TurboTax, and Mint, helping individuals and businesses manage finances efficiently [4]
Wedbush Notes MercadoLibre, Inc. (MELI) Well-Positioned Going Into Q4
Yahoo Finance· 2026-02-26 17:36
MercadoLibre, Inc. (NASDAQ:MELI) is among the 20 Best Investments in 2026. Wedbush Notes MercadoLibre, Inc. (MELI) Well-Positioned Going Into Q4 MercadoLibre, Inc. (NASDAQ:MELI) tops our list for being one of the best investments. TheFly reported on February 17 that Wedbush adjusted its price target for MELI to $2,600 from $2,700 while keeping an Outperform rating on the stock. The firm supports MELI as a top choice for 2026 and believes it is well-positioned going into the fourth quarter, but it points ...
Veeva Systems Inc. (VEEV) Launches eSource to Streamline Clinical Trial Data
Yahoo Finance· 2026-02-26 17:36
Veeva Systems Inc. (NYSE:VEEV) is among the 20 Best Investments in 2026. Veeva Systems Inc. (VEEV) Launches eSource to Streamline Clinical Trial Data The fifth stock on our list of best investment stocks is Veeva Systems Inc. (NYSE:VEEV). TheFly reported on February 20 that UBS reduced its price target on VEEV to $200 from $280 while maintaining a Neutral rating on the stock. Veeva Systems Inc. (NYSE:VEEV) made a significant announcement on January 29 when it unveiled Veeva eSource, a new application w ...
Goldman Sachs Notes Slower-Than-Expected Early-Year Comps for Sprouts Farmers Market, Inc. (SFM)
Yahoo Finance· 2026-02-26 17:36
Sprouts Farmers Market, Inc. (NASDAQ:SFM) is among the 20 Best Investments in 2026. Goldman Sachs Notes Slower-Than-Expected Early-Year Comps for Sprouts Farmers Market, Inc. (SFM) The seventh stock on our list of best investments is Sprout Farmers Market, Inc. (NASDAQ:SFM). TheFly reported on February 20 that Goldman Sachs lowered its price target on SFM to $111 from $130 and kept a Buy rating. Despite falling short on gross margins, the company's fourth-quarter results surpassed comparable-store sales ...
IT Hardware Sector Weakness Drives Morgan Stanley’s Dell Technologies Inc. (DELL) Downgrade
Yahoo Finance· 2026-02-26 17:36
Group 1 - Dell Technologies Inc. is recognized as one of the 20 Best Investments for 2026, indicating strong future potential [1] - Morgan Stanley has reduced its price target for Dell from $111 to $101, assigning an Underweight rating due to expected solid but not exceptional performance in the upcoming quarters [3] - Dell continues to strengthen its partnership with McLaren Racing, providing advanced AI infrastructure and technology to enhance the team's performance and operations [4][5] Group 2 - Dell Technologies offers a wide range of IT hardware, software, and services, including servers, storage, networking, and cloud solutions, aimed at helping businesses and consumers manage digital infrastructures effectively [6] - Despite the potential of Dell as an investment, there are AI stocks perceived to have greater upside potential and lower downside risk, suggesting a competitive landscape in the tech sector [7]
BofA Adds TransUnion (TRU) to Coverage Amid Positive Industry Outlook
Yahoo Finance· 2026-02-26 17:36
TransUnion (NYSE:TRU) is among the 20 Best Investments in 2026. BofA Adds TransUnion (TRU) to Coverage Amid Positive Industry Outlook TransUnion (NYSE:TRU) is among the best investments. TheFly reported on February 17 that BofA Securities reinstated coverage on TRU with a Neutral rating and an $83 price target. BofA noted a generally positive perspective on the industry and projected growth of about 7% in sales, 12% in EPS, and 11% in free cash flow in 2026. This action was part of the firm's larger cov ...
Home Depot CEO issues stern warning as consumers shift gears
Yahoo Finance· 2026-02-26 17:33
Home Depot, one of the largest U.S. home improvement retailers, continues to face challenges as shoppers shift their discretionary spending habits in stores. In response, the retailer’s CEO has issued a stern warning about how shifting consumer sentiment and market pressures could impact the company’s future performance and sales. In the fourth quarter of 2025, Home Depot’s U.S. comparable sales increased by a minor 0.3% year over year, according to the company’s latest earnings report. Also, recent Pla ...
'Claude Just Killed Our Startup': This SF Founder Says AI Made Her Product Obsolete Overnight
Yahoo Finance· 2026-02-26 17:31
Ira Bodnar, founder of San Francisco–based startup Ryze, said her company's core product was effectively made obsolete overnight following rapid AI breakthroughs by Anthropic and Manus AI. “Claude just killed our startup,” Bodnar wrote on X on Monday, referring to Anthropic’s popular chatbot. The AI firms unveiled features that directly competed with Ryze’s product, a tool for managing Google (NASDAQ:GOOGL) (NASDAQ:GOOG) and Meta (NASDAQ:META) ads, causing the company’s deal close rate to drop drastically ...
World shares ease on concerns about tech valuations
Michael West· 2026-02-26 17:30
An index of global equity markets eased after hitting a fresh record high on Thursday as concerns about lofty valuations of leading technology companies weighed on markets after artificial intelligence chipmaker Nvidia reported strong quarterly results.Shares on Wall Street and in Europe traded down as investors digested another blowout quarter from Nvidia, the world’s most valuable company, but worried about its market value even as it forecast that first-quarter revenue would come in at a whopping $7 ...
SoundHound AI Edges Higher Ahead Of Earnings On Expansion Plans
Benzinga· 2026-02-26 17:30
SoundHound AI Inc (NASDAQ:SOUN) shares are edging higher Thursday afternoon as investors look ahead to the voice-AI company's fourth-quarter results, due after the closing bell. Wall Street is expecting a loss of 5 cents per share, matching last year's per-share loss, on revenue of about $53.97 million, up from $34.54 million a year ago. Here’s what investors need to know.SoundHound AI stock is moving in positive territory. Why is SOUN stock trading higher?AI Sales Agent Boosts OptimismThis week, sentiment ...