Price: $134.27, Change: $+6.25, Percent Change: +4.88%
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UBS Upgrades Starwood Property Trust to Buy From Neutral, Adjusts PT to $20 From $19.50
Starwood Property Trust (STWD) has an average rating of overweight and mean price target of $20.31, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $17.09, Change: $+0.29, Percent Change: +1.73%
$STWD
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UBS Upgrades Blackstone Mortgage Trust to Buy From Neutral, Adjusts Price Target to $21 From $20
Blackstone Mortgage Trust (BXMT) has an average rating of overweight and mean price target of $21, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $18.44, Change: $+0.51, Percent Change: +2.84%
$BXMT
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Research Alert: Dollar General: Slight Beat And Profit Raise Despite A Tough Macro
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:DG delivered an earnings beat in Apr-Q with EPS of $2.00 (+13%) exceeding consensus by $0.11, while revenue of $10.8B (+3.4%) missed by $25M. Same-store sales increased 2.0%, in line with consensus, led by 1.4% traffic growth and 0.5% basket increase, though marking the slowest pace in over a year, partly due to severe winter weather. The results highlight continued operational discipline and margin improvement despite a challenging consumer backdrop. Management raised FY 27 (Jan.) EPS guidance to $7.20-$7.45 (up $0.10) while maintaining its sales outlook of 3.7%-4.2% net sales growth and 2.2%-2.7% same-store sales growth. Gross margin expanded 65 bps to 31.6% due to higher inventory markups and continued shrink reduction, while operating margin improved 40 bps to 5.9%. The company remains committed to its real estate strategy with 4,730 projects planned. We were somewhat surprised by the guidance increase given still-weak consumer sentiment and potential headwinds from higher fuel and transportation costs.
$DG