-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：在消化了獲利數據後，我們維持對MTB未來12個月的目標價為280美元，相當於2027年每股收益預期值的13.1倍，高於MTB五年平均預期市盈率11.0倍，這主要得益於該銀行辦公大樓資產組合的縮減。我們將2026年每股收益預期從18.89美元上調至19.03美元，並將2027年每股收益預期從21.27美元上調至21.41美元。我們預計2026年營收為100億美元，2027年營收為104億美元。由於去年的信貸擔憂正在消退，我們的投資邏輯仍然不變。淨沖銷額已降至2023年以來的最低水平，而包括非應計貸款和不良貸款在內的前瞻性指標在過去一年中也持續下降。這些趨勢支持我們對MTB在2026年和2027年實現創紀錄每股盈餘的預期。 MTB更穩健的資本狀況也將有助於提升其盈利能力，我們認為鑑於監管壓力的減輕以及公司高風險商業地產貸款的大幅減少，這種穩健的資本狀況是恰當的。股票報酬率為2.8%。
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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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