2024/8/15 投資ネタ

UG
#HOOD Deutsche Bank Upgrades to Buy, Raises PT to $24 from $21
-ｱﾌﾟﾘ/関連ｻｰﾋﾞｽ/顧客を複数のﾃﾞｼﾞﾀﾙ金融ｻｰﾋﾞｽに統合可能
-取引増/ｺｽﾄｶｯﾄでEPS成長余地大
-仮想通貨に頼らずとも成長可能
#MDT upgraded to Neutral from Sell at UBS at 90
-糖尿病関連の回復は持続可能
--成長率上昇に寄与
#NUE upgraded to Overweight from Equal Weight at Morgan Stanley at 176
-ﾊﾞﾘｭｴｰｼｮﾝ
-鉄鋼価格はﾎﾞﾄﾑｱｳﾄ
--大きな上昇は見込めず
#PGR upgraded to Buy from Neutral at Goldman Sachs at 262
-効率的な広告戦略で成長可能
-加入者数の増加でﾏｰｼﾞﾝ増
#PNC upgraded to Buy from Neutral at BofA at 200
-経営との対談で執行能力に自信

DG
#EQT downgraded to Neutral from Overweight at Piper Sandler at 32
-天然ｶﾞｽ価格の見通し引下げ
--効率化で一部相殺可能
#SNOW downgraded to Equal Weight from Overweight at Wells Fargo at 130
-ﾊﾞﾘｭｴｰｼｮﾝが高すぎる
--ｵｰﾌﾟﾝﾃﾞｰﾀ形式の時代で技術の差別化に疑問
-ﾃﾞｰﾀ漏洩問題で顧客離れﾘｽｸ
#LVS downgraded to Hold from Buy at Argus
-中国の弱い消費の影響
-FY25/26のEPS見通し引下げ

earnings
#GRAB
#DE
〇:Q3売上・EPS
Production & Precision Ag: $5.1B; DOWN -25% YoY
Small Ag & Turf: $3.1B; DOWN -18% YoY
Construction & Forestry: $3.24B; DOWN -13% YoY (Est. $3.31B)

#TPR
〇:Q4売上・EPS/FY25売上・EPS
-ﾏｰｼﾞﾝ改善
-北米 -1%/中国 -13%/日本 -9%/欧州 +26%
#WMT
〇:Q2売上(+4.8%)・EPS/
×:Q3EPS/FY24EPS(raised)
-Q3売上成長率鈍化 +3.75 to +4.75
-US SSS +4.2%(客足 +3.6%/price +0.6%)
--一般消費財 -LSD/ｴﾝﾀﾒ・家具でﾃﾞﾌﾚ
-ﾏｰｼﾞﾝ拡大:広告+30%
-在庫減
-消費者の健全性に変化無し
--食品ｲﾝﾌﾚはQ1から鈍化
--PB浸透率上昇
#AMAT

個別株
#GOOG #TSM GOOGL is shifting production of its fully self-designed Tensor G5 chip for Pixel smartphones and Gemini AI to TSMC's 3nm process, ending its 4-year partnership with Samsung.
NKE (+4.1% pre) Nike Rises After Bill Ackman’s Pershing Square Discloses Stake - BBG
ULTA (+12.9% pre) Warren Buffett’s Berkshire Hathaway Takes Ulta Beauty Stake, Sending Shares Up - WSJ

TP関連
#DELL Citi Lowers $DELL PT to $155 from $170, Reiterates Buy Rating
-売上見通しを引上げ
--GPU稼働率向上/汎用ｲﾝﾌﾗ需要が回復
-FY24/25のEPS予想を引下げ
--ISGｻｰﾊﾞｰ増によるﾏｰｼﾞﾝ圧力を反映
#DELL JPMorgan Raises PT to $160, Keeps Overweight Rating
-DELLの株価はｱﾝﾀﾞｰﾊﾟﾌｫｰﾑ
--ﾏｰｼﾞﾝと競争激化懸念
-AIｻｰﾊﾞｰ市場は創世期で収益機会は巨大
--顧客増の過程でﾏｰｼﾞﾝも改善する可能性大
--2026年以降のAIｻｰﾊﾞｰの買い手は一般企業にｼﾌﾄ
#CSCO price target lowered to $49 from $50 at Barclays
-ﾏｰｼﾞﾝ主導でinlineの決算
-ｺｱﾋﾞｼﾞﾈｽは安定化しつつある
#PANW JPMorgan Raises PT on $PANW to $365 from $340, Keeps Overweight Rating
-ﾁｬﾈﾙﾁｪｯｸ:SASE/Prisma Access等の需要で大口契約があった
-ｻﾌﾟﾗｲﾁｪｰﾝの改善がﾏｰｼﾞﾝ拡大に寄与
-PROの成長率は期待以下の可能性
#VSCO price target raised by several firms
-新CEOの手腕はﾎﾟｼﾞﾃｨﾌﾞ
#VMC price target lowered to $250 from $255 at JPMorgan
-EPSのﾋﾟｰｸｱｳﾄが近い
--ｴﾝﾄﾞﾕｰｻﾞｰの需要が鈍化
--ﾌﾟﾗｲｼﾝｸﾞも鈍化の可能性
#WDAY price target lowered to $265 from $275 at BofA
-ERP業界以上の成長継続
--10%今日のHCM成長率/20%超の金融向け成長

#STLD #CLF #X PT changed at MS
-鉄鋼価格はﾎﾞﾄﾑｱｳﾄ
--大きな上昇は見込めず
#APO #ARES #BX #CG #BLK #IVZ PT lowered at DB
-金利ﾊﾟｽの見通しを反映
-大統領選までは不透明感が高い
-有利:e-broker/AM/取引所
-不利;PE
#EOG #FANG #MRO PT lowered at Piper
-ｶﾞｽ価格の見通し引下げ
--過剰供給継続
#AVB price target raised to $235 from $212 at Argus
-same store NOIと売上が堅調
-ｶﾞｲﾀﾞﾝｽ引上げ

マクロ・債券
(米国)
ハリス氏、食料品便乗値上げ禁止を提案へ－16日に経済プラン演説
Retail Sales 1.0%, Exp. 0.4%
Retail Sales ex auto 0.4%, Exp. 0.1%
Retail Sales Control Group 0.3%, Exp. 0.1%
U.S INITIAL JOBLESS CLAIMS ACTUAL: 227K VS 233K PREVIOUS; EST 235K
NY FED MANUFACTURING ACTUAL -4.70 (FORECAST -6, PREVIOUS -6.60)
(欧州)

(その他)
JAPANESE GDP QOQ ANNUALISED ACTUAL 3.1% (FORECAST 2.3%, PREVIOUS -2.9%)
JAPANESE GDP DEFLATOR PRELIM YOY ACTUAL 3% (FORECAST 2.6%, PREVIOUS 3.4%)
AUSTRALIAN EMPLOYMENT CHANGE ACTUAL 58.2K (FORECAST 20K, PREVIOUS 50.2K
*CHINA JULY RETAIL SALES RISE 2.7% Y/Y; EST. 2.6%
*CHINA JULY INDUSTRIAL OUTPUT RISES 5.1% Y/Y; EST. 5.2%
*CHINA JAN.-JULY FIXED INVESTMENT RISES 3.6% Y/Y; EST. 3.9%
Chinese Home Prices declined by the largest amount in history last month
UK INDUSTRIAL PRODUCTION MOM ACTUAL 0.8% (FORECAST 0.1%, PREVIOUS 0.2%)
UK MANUFACTURING PRODUCTION MOM ACTUAL 1.1% (FORECAST 0.2%, PREVIOUS 0.4%)
UK GDP QOQ PRELIM ACTUAL 0.6% (FORECAST 0.6%, PREVIOUS 0.7%)
UK BUSINESS INVESTMENT QOQ PRELIM ACTUAL -0.09% (FORECAST 0.4%, PREVIOUS 0.5%)
UK CONSTRUCTION OUTPUT MOM ACTUAL 0.5% (FORECAST -0.4%, PREVIOUS 1.9%)
SWISS PPI YOY ACTUAL -1.7% (FORECAST -, PREVIOUS -1.9%)
コモ
中国の７月鉄鋼生産が９％減、今年最低水準に－業界は深刻な危機警告