-- 摩根士丹利周一表示，SLB（SLB）专注于生产的业务、数据中心解决方案的增长以及其数字业务板块将支撑其2026年的盈利能力，并进一步推动2027年至2028年的复苏。 该券商指出，管理层将第一季度业绩描述为一次颠覆性的调整，而非需求问题。中东地区的停电对短期业绩造成了压力，但并未影响潜在的上升周期。 该券商表示，SLB预测中东地区将逐步复苏，近期主要驱动力是电力恢复活动，随后将通过产能扩张来补充损失的供应。 该券商补充道，管理层预计第二季度除中东地区外，国际业务将实现中高个位数增长，多个盆地的强劲表现将抵消区域性下滑的影响。 根据报告，SLB重申了其2026年全年约25亿美元的资本投资计划，并预计股东回报将超过40亿美元，尽管短期内市场波动较大。增长将主要由国际市场以及数字化和生产型业务驱动。 摩根士丹利维持对SLB的“增持”评级，并将目标价从55美元上调至57美元。
Price: $55.61, Change: $-0.55, Percent Change: -0.97%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:AVB reported Q1 2026 results with FFO at $2.83, flat Y/Y but $0.03 above consensus. Rental revenue rose 3.3% Y/Y while operating expenses surged 4.7%, resulting in weak same-store NOI growth of just 0.2% Y/Y. Same-store occupancy was flat at 96.1% vs. 96.0% a year ago, and turnover decreased to 31.6% from 32.1%. We like AVB's portfolio profile, with 80% exposure to premier East Coast (35%) and West Coast (45%) markets. We are monitoring the 20% Sun Belt allocation, which faces new supply pressures. The trust is guiding Q2 2026 FFO of $2.72-$2.82 per share, with full-year 2026 same-store NOI ranging from -0.7% to +1.3%. AVB has $3.39B in community developments underway that target suburban markets. We think total debt of $9.4B is manageable. Utility expenses surged 12.5% Y/Y in New England and Mid-Atlantic markets, reflecting ongoing inflationary pressures. Despite these cost headwinds, we believe there's financial flexibility to fund the development pipeline in high-barrier-to-entry coastal markets.
New Zealand King Salmon Investments (ASX:NZK, NZE:NZK) has advanced its Blue Endeavour pilot project with the successful installation of both pilot pens and a mooring grid, marking a key milestone in its open-ocean salmon farming project, according to a Tuesday filing with the Australian and New Zealand bourses.The project is expected to receive its first fish in late May to early June, delivered by the recently arrived Ronja King wellboat, which will begin operations after completing clearance and onboarding in the coming weeks, the filing added.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:BRO posted Q1 2026 adjusted EPS of $1.39 versus $1.29, modestly topping our $1.37 estimate and the $1.36 consensus view, though revenue growth of 35% to $1.9B was acquisition-driven with $435M from deals. Organic revenues were flat Y/Y at $1.35B, lagging our 4% to 8% growth forecast, while Q1 EBIT margins contracted to 28.0% from 30.4% due to acquisition costs and doubled interest expense. We believe the shares lack a near-term catalyst given below-peer organic growth rates and margin compression that removes BRO's historical premium valuation justification. Management characterized business conditions as "challenging," representing a shift from last quarter's "stable" assessment. BRO completed 43 acquisitions in 2025, including the $9.8B Accession deal, and we expect acquisitions to remain central to growth strategy as organic growth slows. In our view, the combination of flat organic growth and margin contraction will pressure the shares' premium valuation to peers.