2024/6/27 投資ネタ

UG
#PPRUY Kering upgraded to Buy from Underperform at BofA
-Gucciの再成長期待
--ﾄﾚﾝﾄﾞｾｯﾀｰと再結束

DG
#USB downgraded to Neutral from Overweight at JPMorgan
-ｽﾄﾚｽﾃｽﾄの結果自己資本積増が必要
#RIO downgraded to Hold from Buy at Berenberg at 74
-鉄鉱石を筆頭にｺﾓにﾈｶﾞﾃｨﾌﾞな見通し
-中国の刺激策の影響も限定的

earnings
#MKC McCormick beats top-line and bottom-line estimates; reaffirms FY24 outlook - SA
〇:Q2売上・EPS
×:FY24EPSg
-消費者向けはﾎﾞﾘｭｰﾑ回復、2Hも継続
-香辛料はQSRや加工食品からの需要が減少
#WBA Walgreens stock plunges as drugstore chain slashes profit guidance in ‘challenging’ consumer environment - CNBC
〇:Q3売上
×:Q3EPS/FY24EPSg(lowered)
-薬局のﾏｰｼﾞﾝ悪化/消費者ｾﾝﾁﾒﾝﾄ×
-店舗大量閉鎖
-売上 薬局 +5.7%/小売 -2.3%/ﾍﾙｽケア +7.6%
#NKE
〇:Q4EPS・在庫
×:Q4売上・ﾏｰｼﾞﾝ
-北米 -1.4%/中国 +2.9%
-ｶﾞｲﾀﾞﾝｽ引下げ:売上成長率MSD
--消費意欲戻らず
--輸送費減・値上げ戦略でﾏｰｼﾞﾝ拡大
TP関連
#MU price target raised to $180 from $130 at JPMorgan
-8月期の見通しも良好
--HBM需要とDRAM/NANDのﾌﾟﾗｲｼﾝｸﾞ
-保守的なｶﾞｲﾀﾞﾝｽと高いCapex
#LEVI price target is mixed
-2Hのｶﾞｲﾀﾞﾝｽ下振れを反映
-売上のﾄﾚﾝﾄﾞを反映したﾊﾞﾘｭｴｰｼｮﾝ
#GIS price target lowered by several firms
-米国の食品とﾍﾟｯﾄ用品需要が弱いまま
--販促で需要喚起されるか確認要
#PAYX price target lowered by several firms
-PPCの弱さと販促の可能性
-close rateが想定より弱い
#CVNA 'competitive moat continues to widen,' says JPMorgan
-2026までEBITDA上振れ
-中古車市場での強みが圧倒的
#CMG price target raised by several firms
-ROICの高さ
--効率的な運営と高いｵﾍﾟﾚｰﾃｨﾝｸﾞﾚﾊ
#GS price target raised to $520 from $485 at Keefe Bruyette
-FY25の見通し引上げ
--ｷｬﾋﾟﾏの回復
#QSR price target lowered to $80 from $85 at KeyBanc
-Q2SSS下振れの可能性が高い
#AVB price target raised to $222 from $210 at Wells Fargo
-ｻﾌﾟﾗｲが少なく、賃料上昇率の高いﾎﾟｰﾄﾌｫﾘｵ保有
#KHC price target lowered to $34 from $37 at Wells Fargo
-ﾊﾞﾘｭｴｰﾖﾝは割安だが改善するﾈﾀがない
#CDNS #SNPS price target raised at KeyBanc
-3D-ICに対する需要が強い
#ANET price target raised to $385 from $330 at Citi
-ｲｰｻﾈｯﾄのｼｪｱが拡大している
-ｽｳｨｯﾁﾝｸﾞのTAMは2027までに50%増
#PANW Networks price target raised to $360 from $340 at Baird
-ﾏﾈｼﾞﾒﾝﾄﾐｰﾃｨﾝｸﾞ
--底堅い需要/大取引増加
#S price target raised to $18.50 from $17 at DA Davidson
-直近の需要と見通しが楽観的
-FCFがBEに達し投資拡大余力も有

個別株
#IP Suzano Drops Bid to Acquire International Paper - SI
#PDD #AMZN Amazon plans to launch discount store in bid to fend off Temu and Shein - CNBC
#SMCI Super Micro Could Soon Replace Walgreen in Nasdaq 100 Index
マクロ・債券
(米国)
US INITIAL JOBLESS CLAIMS ACTUAL 233K (FORECAST 235K, PREVIOUS 238K)
US CONTINUED JOBLESS CLAIMS ACTUAL 1.839M (FORECAST 1.828M, PREVIOUS 1.828M)
U.S GDP ANNUALIZED (QOQ) (Q1) ACTUAL: 1.4% VS 1.3% PREVIOUS; EST 1.4%
US WHOLESALE INVENTORIES MOM ADV. ACTUAL 0.6% (FORECAST 0.1%, PREVIOUS 0.1%)
US CORE DURABLE GOODS ACTUAL -0.1% (FORECAST 0.2%, PREVIOUS 0.4%)
US ADVANCE GOODS TRADE BALANCE ACTUAL -100.6B (FORECAST -96B, PREVIOUS -97.95B)
Pending Home Sales -2.1%, Exp. 0.5%, Last -7.7%
(欧州)
SPANISH RETAIL SALES SA YOY ACTUAL 0.2% (FORECAST 0.7%, PREVIOUS 0.3%)
ITALIAN CONSUMER CONFIDENCE ACTUAL 98.3 (FORECAST 97, PREVIOUS 96.4)
ITALIAN MFG BUSINESS CONFIDENCE ACTUAL 86.8 (FORECAST 88.6, PREVIOUS 88.4)
ITALIAN PPI MOM ACTUAL -0.9% (FORECAST -, PREVIOUS -0.9%)
Stellar 7Y Auction Sends Treasury Yields To Session Low
(その他)
BOJ'S DEPUTY GOVERNOR UCHIDA: THE WEAK YEN IS AN UPWARD FACTOR FOR PRICES, CLOSELY MONITORING IN CONDUCTING MONETARY POLICY - CABINET OFFICE OFFICIAL.
CANADIAN BUSINESS BAROMETER ACTUAL 56.3 (FORECAST -, PREVIOUS 56.37)