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Research Alert: CFRA Maintains Strong Buy Opinion On Shares Of Federal Realty Investment Trust

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target by $13 to $141, 18.6x our 2026 FFO estimate, a premium to its three-year average forward multiple of 14.7x as re-leasing spreads continue to outperform with a strong 2026 outlook. We maintain our 2026 FFO estimate at $7.58 and increase 2027 by $0.13 to $7.82. FRT continues to see strong re-leasing growth combined with record leasing volumes in Q1. In our view, the portfolio (excluding recently acquired properties) is near peak occupancy, giving management the ability to continue being highly selective for future tenants and maintain its +10% cash releasing spreads through 2027. We note that development costs may increase on FRT's $175M-$225M current pipeline, but believe yields will continue to exceed 8.5%, even in our downside scenario. For FY 26, we now see comparable NOI growing 4.5%-5.5% as FRT continues to actively work and find new acquisition targets.

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CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:DUOL delivered solid Q1 results with revenue climbing to $292M and EPS of $0.89 versus $0.72 in the prior year, driven by 31% subscription revenue growth to $251M and 15% advertising growth to $21M. Operational efficiency improved notably with adjusted EBITDA advancing 33% to $83.4M (28.6% margin, +140 bps) while free cash flow reached $147.8M. The company's AI-powered content creation capabilities enabled publication of 20,500 course units - nearly triple the 2025 run rate - supporting 21% DAU growth to 56.5M and paid subscriber expansion to 12.5M. Management targets FY bookings of $1.28B (+10.5%), revenue of $1.2B (+16.1%), and adjusted EBITDA of $310M (25.7% margin). We expect continued momentum from AI-driven features and expansion into chess, math, and music, though anticipate gross margin compression from 71.0% to ~69.0% by Q4 as AI capabilities broaden. We believe DUOL's medium-term goal of 100M DAUs by 2028 remains achievable given strong user engagement trends and content innovation capabilities.

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Regis Healthcare to Benefit from Higher Govt Spending on Aged Care, Says Jefferies

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Research Alert: CFRA Maintains Buy Opinion On Shares Of Dte Energy Company

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target by $3 to $165, reflecting a 20.7x forward P/E on our next-12-month EPS estimate. We lower our 2026 EPS view by $0.05 to $7.76 and raise our 2027 EPS view by $0.01 to $8.40. In March 2026, DTE executed a 1 GW data center agreement with Google and filed contracts with the MPSC for approval; a decision is expected by September 2026. The Google data center agreement complements the previously approved 1.4 GW Oracle project. The agreement is structured to deliver approximately $1.7B in affordability benefits for existing customers over the contract life, while requiring Google to pay the full cost of energy usage, including all related infrastructure investments. DTE intends to pause future electric rate requests for at least two years following its most recent request, dependent on the Oracle data center coming online by 2027. On a compound annual basis from 2025 to 2028, we anticipate approximately 7.5% EPS and 6.8% dividend growth, highly competitive with multi-utilities peers.

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