-- Ralliant (RAL) has an average rating of overweight and mean price target of $48.45, according to analysts polled by FactSet.
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Price: $45.01, Change: $-0.35, Percent Change: -0.77%
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 price by $19 to $321, or 23.3x our 2027 EPS estimate, in line with peers, which are trading at an average forward P/E of 23.3x but a premium to UNP's average forward P/E during the last three years of 19.8x. We raise our 2026 EPS estimate by $0.06 to $12.66 and 2027 by $0.23 to $13.77. UNP reaffirmed its commitment to attaining a high-single-digit to low-double-digit EPS CAGR through 2027 with industry-leading operating ratio and return on invested capital. The company achieved record Q1 operating and productivity metrics, including best-ever terminal dwell (19.7 hours) and locomotive productivity. Management affirmed 2026 guidance despite fuel price headwinds, expecting pricing dollars to exceed inflation. The pending Norfolk Southern merger, targeting Q2 2027 STB approval, would create America's first transcontinental railroad, eliminating 2,400 daily handoffs and converting 10,000 lanes to single-line service.
C Douglas McMillon, Director, on April 23, 2026, sold 19,416 shares in Walmart (WMT) for $2,566,987. Following the Form 4 filing with the SEC, McMillon has control over a total of 5,253,701 common shares of the company, with 4,193,995 shares held directly and 1,059,706 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/104169/000133578226000014/xslF345X05/wk-form4_1777064792.xml
Kinder Morgan's (KMI) Q1 earnings exceeded expectations, supported by stronger volumes, winter weather tailwinds and firmer commodity prices, RBC Capital Markets strategists said in a note on Friday.RBC analysts said it now expects 2026 adjusted EBITDA to come in at least 3% above its prior budget, reflecting stronger operating conditions across its network.However, despite the upbeat results, Kinder Morgan shares edged lower following the release, which analysts attributed to limited backlog growth, uncertainty surrounding its Western Gateway project and investor positioning ahead of other earnings in the sector.The broader midstream space has continued to outperform this year. The Alerian MLP Index rose 1.6% in the week ended April 23, outpacing the S&P 500, which gained 1%. Year-to-date, the midstream benchmark is up 14.5%, compared with a 3.8% rise in the S&P 500.RBC said that strength in the sector has been supported by steady cash flows and growing demand for natural gas infrastructure, even as commodity prices remain volatile.Front-month West Texas Intermediate crude rose about 2% on the week to about $97 per barrel, while Henry Hub natural gas prices slipped about 2% to $2.59 per million British thermal units.Cheniere Energy (LNG), in contrast, declined 2.1%, in what RBC analysts said could reflect positioning ahead of earnings and a rotation into other midstream names.Master limited partnerships modestly outperformed C-corporations during the week, with MLPs up 1.2% versus a 1% gain for corporates.Going forward, investors are focused on upcoming earnings from Enterprise Products Partners (EPD) and Oneok (OKE), both scheduled to report on April 28.Market participants will be watching for commentary on the impact of higher commodity prices, producer activity, project ramp-ups, export demand and capital allocation plans, as well as the effects of winter weather and evolving price spreads across key basins.RBC analysts flagged potential read-throughs for other operators, including Williams Companies (WMB), Energy Transfer (ET), Targa Resources (TRGP) and Sunoco (SUN), citing expected tailwinds from seasonal demand, marketing optimization and commodity price volatility.