-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下：我們將SON未來12個月的目標價下修4美元至54美元，基於2026年EBITDA預期值，企業價值/息稅折舊攤銷前利潤（EV/EBITDA）為7.9倍，低於SON過去三年平均水準8.0倍。我們將2026年每股盈餘（EPS）預期下調0.07美元至5.90美元，並將2027年每股盈餘預期下修0.08美元至6.50美元。鑑於本季業績接近預期，我們認為第二季業績指引下調的風險增加，因此已相應下調了每股收益預期。 SON已投資2000萬美元用於自動化木製捲軸生產，以滿足資料中心和電力基礎設施建設帶來的電纜行業日益增長的需求。鑑於我們預計這兩個領域長期需求將持續成長，我們相信這項投資將帶來豐厚的回報。 SON位於泰國廊艾的新造紙廠投產，服務於不斷增長的亞洲零食市場，並使該地區的銷售增加了6%。我們相信，隨著該地區今年銷售表現依然強勁，2026年全年銷售成長動能將持續。
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Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled
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Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.
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 price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.
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