-- Wedbush Securities在周五發布的一份報告中指出，受2027年和2028年預期收益的推動，GlobalFoundries (GFS)有望「更快實現」其目標。 報告顯示，該公司設定的財務目標包括：2030年及以後實現兩位數的營收成長，2028年毛利率達到40%，以及將過去12個月自由現金流的50%用於分紅和股票回購。 Wedbush表示：「我們認為這一前景既可信又令人信服。」該券商補充道，這些目標的實現基於市場對高利潤率特種技術的需求不斷增長，以及GlobalFoundries的核心能力能夠滿足新的市場需求，這得益於其專注於特種技術和多元化的製造佈局。 Wedbush Securities重申了對GlobalFoundries的「中性」評級和72美元的目標價。
Price: $73.38, Change: $+2.45, Percent Change: +3.45%
Healthcare stocks declined Friday afternoon, with the NYSE Healthcare Index falling 1% and the State Street Healthcare Select Sector SPDR ETF (XLV) shedding 0.9%.The iShares Biotechnology ETF (IBB) was 0.4% higher.In corporate news, Zoetis (ZTS) shares fell 6% after Ameriprise downgraded the stock to hold from buy following its Q1 results Thursday. UBS cut its price target to $99 from $130, and Jefferies to $117 from $155.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target price of $219, raised $4, reflects a combination of relative valuation, DCF and NAV models. On a relative basis, we apply a 6.5x multiple of projected 2027 EBITDA, in line with FANG's historical forward average, yielding a value of $169 per share. Our DCF model, using free cash flow growth of 6.8% per year for 10 years, 2.0% thereafter, discounted at a WACC of 6.5%, yields intrinsic value of $263 per share. Finally, our NAV model yields a value of $224 per share. We raise our 2026 EPS estimate by $1.15 to $21.46 and 2027's by $4.14 to $14.70. We think WTI crude oil prices have the potential to spike higher in 2026, depending of course on how long the disruption persists in the Middle East, but anticipate relatively weaker pricing in 2027. While a recession is not our base case, we do consider risk of at least a slowdown as highly possible. Shares yield 2.3% and we estimate a 2026 payout ratio - even with the recent 4.8% dividend hike - at just 20%.
Manufacturing Shipments data due out next Friday "should look reasonably healthy" for March, but will look weaker in volume terms, says CIBC's Avery Shenfeld. CIBC expects a 3.5% rise, in line with consensus, and following a prior gain of 3.6%.Existing Home Sales on Thursday and Housing Starts on Friday, both for Aprii, won't alter the picture of a sector that's been "a drag on growth" in the past year, Shenfeld adds. CIBC forecasts 240k housing starts, versus a consensus 245k.Also on the calendar for next week is The Market Participants Survey, due out 10.30am ET on Monday. The survey is conducted quarterly. Bank of Canada staff reach out to a diverse set of participants in financial markets to gather their views on key macroeconomic and financial variables as well as on monetary policy.Then on Wednesday at 1.30pm ET, a summary of monetary policy deliberations by Governing Council for the policy decision that was announced two weeks earlier will be released. That same day, Michelle Alexopoulos, External Deputy Governor, addresses the Ottawa Economics Association (OEA) - Canadian Association of Business Economics (CABE), Ottawa, Ontario.In terms of further data, March Wholesale Sales (ex-petroleum) is due out Thursday, and CIBC forecasts 1.4%. Also, March Int'l Sec. Transactions is due out Friday.