Starwood Property Trust (STWD) has an average rating of overweight and mean price target of $20.31, according to analysts polled by FactSet.
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Price: $17.09, Change: $+0.29, Percent Change: +1.73%
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%
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.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Shares of MRVL are up sharply after CEO Matt Murphy delivered his Computex keynote speech. Although many will tout Jensen Huang's comment stating that MRVL will be the next $1T company when on stage with Murphy, we wouldn't go that far (at least not yet). More important to us was Murphy's commentary and how the copper wall is breaking down, especially as we rapidly move to 1.6Tbps interconnects (and eventually 3.2Tbps) from 800Gbps. Technology transitions are accelerating at a rapid pace as compute/memory content is exploding in a rack/data center and pushing the limits of connectivity/shifting towards optics. We think MRVL has done an incredible job positioning itself to benefit from this trend, with the right products and its NVIDIA partnership poised to help it see outsized industry growth from CY 27-CY 29. Optics will be a considerable bottleneck into CY 28. We lift our 12-month target to $300 from $230, on a higher revised P/E of about 50x our CY 27 EPS, well above historical to reflect growth prospects.