-- 週三開盤，日本股市上漲，與隔夜華爾街股市的漲勢相呼應。市場對美伊對話進一步升級的樂觀情緒提振了原油價格，並提振了市場情緒。 日經225指數上漲387.8點，漲幅0.7%，開盤報58,265.18點。 霍爾木茲海峽的緊張局勢加劇了全球能源危機，而停火協議將於下週到期。華盛頓和德黑蘭正準備在未來幾天舉行新一輪會談。 週二，國際貨幣基金組織（IMF）預測，日本央行將逐步升息，但升息速度將略高於六個月前的預期。 IMF的《世界經濟展望》預測，日本經濟成長率將從2025年的1.2%放緩至2026年的0.7%，並在2027年進一步降至0.6%，這一預測與10月份的預測基本持平。 路透社4月的短觀調查顯示，日本製造業信心指數暴跌11點至7點，創下自2023年1月以來的最大單月跌幅。 受油價飆升和中東衝突導致的供應鏈中斷影響，該指數也出現了三個月來的首次下滑。
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Research Alert: CFRA Keeps Buy Opinion On Shares Of The Hartford Insurance Group, Inc.
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Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Baker Hughes
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $14 to $82, reflecting a combination of our sum-of-the-parts (SOTP) and DCF models. For our SOTP model, we presume the oilfield services business (about 50% of BKR's franchise) to be valued at about 10x projected 2027 EBITDA (in line with major peers) and its industrial energy technology business (the other 50%) valued at 14x projected 2027 EBITDA (in line with the peer median). This blended approach, yielding a 12x multiple, implies a value of $73 per share. Meanwhile, our DCF model, using medium-term free cash flow growth of 5% per year, terminal growth of 2.5%, discounted at a WACC of 6.3%, yields intrinsic value of $91 per share. We cut our 2026 EPS estimate by $0.47 to $2.48, but we raise 2027's by $0.07 to $3.24. We acknowledge that the oilfield services business is likely to struggle in 2026 owing to the U.S.-Iran conflict, but the IET business appears quite robust and likely to be a source of both accelerating revenue growth and margins.
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Research Alert: CFRA Maintains Hold Opinion In Shares Of Wab
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target to $285 from $275 following WAB's Q1 earnings print, valuing shares at 24.2x our 2027 EPS outlook of $11.76 (revised from $11.46; 2026 EPS estimate up to $10.57 from $10.50), a slight premium to WAB's long-term historical multiple average given structural improvements in earnings quality. While we are cautious on signs of overcapacity in the freight market, an elevated order backlog (12-month sits at over $9 billion), internal initiatives to shore up margins, and potential synergies from M&A activity positions WAB to continue growing earnings at double-digit rates in 2026-2027, in our view. Despite tariff-related cost pressures, WAB has done a commendable job of defending margins via a mix of pricing, lean manufacturing, and pruning of lower-profit operations. Q1 results were mixed but overall positive, in our view. We maintain our Hold recommendation on shares.
$WAB