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行业动态:金融股周五下跌

-- 周五金融股普遍下跌,纽约证券交易所金融指数下跌0.6%,道富金融精选行业SPDR ETF(XLF)下跌1.1%。 费城住房指数基本持平,道富房地产精选行业SPDR ETF(XLRE)上涨0.2%。 比特币(BTC-USD)上涨1.8%至73,058美元,10年期美国国债收益率上涨2.4个基点至4.317%。 经济方面,受中东冲突推高能源价格的影响,美国3月份消费者价格指数(CPI)加速上涨,达到近四年来的最高月度水平。美国劳工统计局数据显示,3月份CPI上涨0.9%,为2022年6月以来的最快增速,与彭博社分析师调查的预期相符。2月份CPI上涨0.3%。 4月份通胀率从2月份的2.4%升至3.3%,低于华尔街此前预测的3.4%。 密歇根大学的初步调查显示,4月份美国消费者信心指数跌至历史最低点,反映出消费者对物价上涨以及中东冲突带来的整体经济影响的担忧加剧。主要消费者信心指数较3月份暴跌约11%,至47.6。彭博社的调查显示,华尔街此前预期该指数为51.5。 企业新闻方面,据彭博社报道,KKR (KKR) 和 EQT AB 等私募股权公司对 PolyPeptide Group 表现出收购意向。KKR 股价下跌1.7%。 据彭博社报道,Ares Management (ARES) 计划推出一只规模初步目标为200亿美元的旗舰美国直接贷款基金,规模小于其此前创纪录的336亿美元投资基金。Ares 股价下跌4.1%。 巴克莱银行将费埃哲公司 (Fair Isaac, FICO) 的目标股价从 2400 美元下调至 1950 美元,但仍维持“增持”评级,受此消息影响,费埃哲股价下跌 14%。 彭博社报道称,黑石集团 (Blackstone, BX) 正在考虑进行首次公开募股 (IPO),预计将为一家收购数据中心的公司筹集 20 亿美元。黑石集团股价下跌 1.8%。

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Research

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.

$URI
Equities

Petro Rabigh Emerges From Loss in Q1; Revenue Grows

Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, said Sunday it swung back to profit in the first quarter of 2026, while revenue increased year over year.Net profit attributable to shareholders of the issuer for the three months ended March 31 was 1.47 billion Saudi riyals, compared with the attributable loss of 691 million riyals earlier. EPS moved to 0.88 riyal from a loss per share of 0.41 riyal.The Tadawul-listed oil refining and petrochemical company's revenue was 14.85 billion riyals, compared with 11.21 billion riyals a year ago.

$SASE:2380
Research

Research Alert: CFRA Keeps Buy Opinion On Shares Of The Hartford Insurance Group, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price by $8 to $155, valuing HIG shares at 11.3x our 2026 operating EPS estimate of $13.75 (cut by $0.45) and at 10.6x our 2027 EPS estimate of $14.65 (cut by $0.30), vs. the shares' one-year average forward multiple of 10.3x and peer average of 13x. Q1 EPS of $3.09 vs. $2.20 a year ago missed our $3.60 estimate and $3.39 consensus view. Operating revenue growth of 6.2% was in line with our 6%-10% forecast, amid 5.3% earned premium growth, 13% higher net investment income, and 7.9% fee revenue growth. Q1 written premium growth of 4% and full-year 2025 growth of 7% bode well for 2026 revenue trends as premiums are earned. Underwriting results improved significantly, with Personal Lines combined ratio improving to 87.7% from 106.1% and underlying combined ratio to 85.0% from 89.7%. Business Insurance combined ratio was stable at 94.8%. Weighing the Q1 EPS miss with HIG's decent top-line growth and discounted valuation to peers, we view the shares as undervalued.

$HIG