LB Takeaway | Netflix Could up Another 74%? Microsoft price target cut by 11%!

lculated at the previous trading day's closing price of $27.09, this price means that there is 48% room for decline.

Reason: The bank sees slower revenue growth as a sign of increased competition and higher funding costs for Upstart partners, reducing the company's visibility into long-term growth and shared earnings beyond 2023. Analysts say slower growth and less confidence in Upstart's "differentiation" in credit underwriting could prompt a further valuation cut to bring it more in line with its lending peers.

Morgan Stanley: Maintain Lilly “Overweight” rating, raise target price by 7% to $395 from $369

If the previous trading day's closing price of $330.47 is calculated, this price means that there is still 20% room for improvement!

Reason: The bank expects biopharma revenue to remain resilient if economic activity slows and continues to believe that companies that can grow revenue in the second half of the decade are in the best position in the space.

UBS: Maintain Sunny Optical's "Neutral" rating with a price target of HK $135

If calculated at today's closing price of HK $111, this price means that there is still 22% room for growth!

Reason: The bank takes a cautious view on Android due to weak demand for smartphones, continued decline in phone specifications and continued losses in the iPhone lens business.

The bank believes that there is a potential downside risk to the company's sales in mobile phone lenses and mobile camera modules, or fails to meet the full-year target, and is expected to lower its annual growth guidance at the interim results meeting. In addition, due to the decline in average selling price, Sunny's sales may decline more than the decline in sales, which will cause further pressure on profit margins.

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