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Citigroup Upgrades C.H. Robinson Worldwide to Buy From Neutral, Price Target is $199

C.H. Robinson Worldwide (CHRW) has an average rating of overweight and mean price target of $199.39, 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)

$CHRW

Research47d ago

Loop Capital Initiates Vertiv Holdings at Buy With $500 Price Target

Vertiv Holdings (VRT) has an average rating of overweight and mean price target of $372.83, 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)

$VRT

Research47d ago

JMorgan Downgrades A. O. Smith to Underweight From Neutral, Adjusts PT to $60 From $65

A. O. Smith (AOS) has an average rating of hold and mean price target of $71.30, 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)

$AOS

Research47d ago

JPMorgan Downgrades Allegion to Neutral From Overweight, Adjusts PT to $150 From $170

Allegion (ALLE) has an average rating of overweight and mean price target of $167.36, 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)

$ALLE

Research47d ago

Raymond James Upgrades Arista Networks to Outperform From Market Perform, Price Target is $164

Arista Networks (ANET) has an average rating of buy and mean price target of $188.18, 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)

$ANET

Research47d ago

HSBC Upgrades Cisco Systems to Buy From Hold, Adjusts Price Target to $137 From $77

Cisco Systems (CSCO) has an average rating of overweight and mean price target of $126.50, 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)

$CSCO

Research47d ago

Research Alert: CFRA Keeps Sell Opinion On Shares Of Helmerich & Payne Inc.

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 $22, raised $3, reflects a 4.8x multiple of enterprise value to projected FY 27 (Sep.) EBITDA, about in line with HP's historical forward average. We now see a FY 26 loss per share of $0.28 vs. prior EPS estimate of $0.12. For FY 27, we keep our EPS estimate unchanged at $0.85. We believe our below-consensus view on earnings power in both FY26 and FY27 speaks to a more tepid pace of recovery in North America, where pricing pressure is still evident. We also note that the International land rig business likely depends, to a significant degree, on how quickly the Middle East recovers from the disruption imposed by the war with Iran. We think E&P customers are not likely to aggressively pursue land drilling expansion plans beyond current budgets (at least not in CY 26). We note that E&Ps also divert a considerable portion of operating cash flow to other areas, such as buybacks and dividends.

$HP

Research47d ago

Research Alert: CFRA Cuts Rating On Enphase Energy To Sell From Hold On Recent Market Optimism

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ENPH opened U.S. pre-orders for its IQ9S-3P commercial microinverter (its most powerful at 548 VA), and announced a new $52M safe harbor agreement bringing the total backlog to $874M. Built on GaN technology, the IQ9S-3P supports panels up to 770 W, connects directly to three-phase 480Y/277 V grids without external transformers, achieves ~97% efficiency, and qualifies for domestic tax credits, with shipments beginning in June 2026. Shares surged ~30%, a reaction we view as disconnected from fundamentals. The IQ9S-3P announcement carried no disclosed volume, while the $52M safe harbor deal is modest and reflects pull-forward demand ahead of tax credit expiration rather than incremental growth. We acknowledge the favorable timing of the announcements, but with ENPH posting a GAAP net loss two weeks prior to a 20% revenue decline (10%-15% below company expectations), we see limited fundamental justification for the strong share movement, resulting in a rating downgrade to Sell from Hold.

$ENPH

Research47d ago

Nomura Downgrades JYP Entertainment to Neutral From Buy, Adjusts Price Target to KRW65,000 from KRW81,000

JYP Entertainment (KOSDAQ:A035900) has an average rating of buy and mean price target of 88,818.18 South Korean won, 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)

KOSDAQ:A035900

Research47d ago

Nomura Downgrades Tata Motors to Neutral from Buy, Adjusts Price Target to INR402 from INR547

Tata Motors (NSE:TMCV, BOM:544569) has an average rating of buy and mean price target of 484.61 Indian rupees, 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)

BOM:544569NSE:TMCV

Research47d ago

Research Alert: CFRA Keeps Hold Opinion On Shares Of Enbridge Inc.

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 CAD81 (raised by CAD4) reflects a combination of relative valuation and a DCF model analysis. On a relative basis, we apply a 12.5x multiple of enterprise value to projected 2027 EBITDA, about in line with ENB's historical forward average. This approach yields a value of CAD71 per share. Meanwhile, our DCF model, using free cash flow growth of 9% for 10 years, 2% thereafter, discounted at a WACC of 4.9%, yields intrinsic value of CAD91 per share. We cut our 2026 EPS estimate by CAD0.21 to CAD2.90, but raise 2027's by CAD0.07 to CAD3.36. ENB is a highly diversified midstream name, with franchise assets in Liquids Pipelines (the Mainline system), which is relatively slow-growing, but complemented by faster-growing assets in Gas Transmission and Gas Distribution and Storage. The overall project backlog of CAD40 billion is extensive, and ENB expects to place CAD8.0 billion into service in 2026. Shares yield 5.3%.

$ENB

Research47d ago

Research Alert: CFRA Keeps Hold Opinion On Shares Of Enbridge Inc.

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 USD59 (raised by USD2) reflects a combination of relative valuation and a DCF model analysis. On a relative basis, we apply a 12.5x multiple of enterprise value to projected 2027 EBITDA, about in line with ENB's historical forward average. This approach yields a value of USD52 per share. Meanwhile, our DCF model, using free cash flow growth of 9% for 10 years, 2% thereafter, discounted at a WACC of 4.9%, yields intrinsic value of USD66 per share. We cut our 2026 EPS estimate by CAD0.21 to CAD2.90, but raise 2027's by CAD0.07 to CAD3.36. ENB is a highly diversified midstream name, with franchise assets in Liquids Pipelines (the Mainline system), which is relatively slow-growing, but complemented by faster-growing assets in Gas Transmission and Gas Distribution and Storage. The overall project backlog of CAD40 billion is extensive, and ENB expects to place CAD8.0 billion into service in 2026. Shares yield 5.3%.

$ENB

Research47d ago

Research Alert: CFRA Keeps Buy Opinion On Shares Of Manulife Financial Corp.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We keep our 12-month target price of CAD57, valuing MFC shares at 12.7x our 2026 core EPS estimate of CAD4.50 (lowered from CAD4.60) and at 11.6x our 2027 EPS estimate of CAD4.90 (lowered from CAD5.00), versus the stock's one-year average forward multiple of 11x and a peer average of 12x. MFC posted Q1 2026 core EPS of CAD1.06 vs. CAD0.99 prior year, compared with our CAD1.10 estimate and the CAD1.09 consensus view. Net income surged to CAD1.147B from CAD485M, due to lower market experience charges and underlying business growth. We are encouraged by these results, particularly Asia's standout performance, with core earnings up 22% to CAD820M, APE sales up 11%, and NBV up 15%, reinforcing the region as MFC's key growth engine. Currently trading at 10.5x our 2027 EPS estimate (a discount to peer and historical averages) and currently yielding 3.3%, we view the shares as undervalued.

$MFC

Research47d ago

Research Alert: CFRA Keeps Buy Opinion On Shares Of Manulife Financial Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We keep our 12-month target price of USD42, valuing MFC shares at 12.8x our 2026 core EPS estimate of CAD4.50 (USD3.28, converted based on the May 14, 2026 spot rate and lowered from CAD4.60/USD3.35) and at 11.8x our 2027 EPS estimate of CAD4.90 (USD3.57, lowered from CAD5.00/USD3.64), versus the stock's one-year average forward multiple of 11x and a peer average of 12x. MFC posted Q1 2026 core EPS of CAD1.06 vs. CAD0.99 prior year, compared with our CAD1.10 estimate and the CAD1.09 consensus view. Net income surged to CAD1.147B from CAD485M, due to lower market experience charges and underlying business growth. We are encouraged by these results, particularly Asia's standout performance, with core earnings up 22% to CAD820M, APE sales up 11%, and NBV up 15%, reinforcing the region as MFC's key growth engine. Currently trading at 10.5x our 2027 EPS estimate (a discount to peer and historical averages) and currently yielding 3.3%, we view the shares as undervalued.

$MFC

Research47d ago

Research Alert: CFRA Maintains Buy Opinion On Shares Of Intel Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $130 from $100, on higher revised P/E of 43.3 our 2028 EPS, as we see considerable upside to margin expectations, which share performance is typically highly correlated with. We raise our 2026 EPS estimate to $1.20 from $1.05, 2027 to $1.60 from $1.40, and keep 2028 at $3.00 (above consensus). We see considerable upside to both revenue and margin expectations (gross margin now has line of sight to over 50% by 2027/2028 vs. low 40s from the Street's forecast), as the CPU market has tightened as the shift toward greater AI inferencing/AI Agents creates a new growth opportunity for CPUs. Lead times for CPUs have extended considerably, which has also led to an upward bias to pricing that we expect to finally drive healthy gross margin expansion. Also, we expect INTC to capture more foundry orders in 2H as it demonstrates success for its internal products at leading-edge nodes, which will serve as an additional catalyst and bode well for the long-term prospects of the company.

$INTC

Research47d ago

Research Alert: CFRA Maintains Buy Opinion On Shares Of Micron Technology Inc.

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 to $900 from $500, on a revised peer-discount P/E of 7.5x our CY 27 EPS of $120.00. We raise our FY 26 (Aug.) EPS estimate to $60.71 from $57.68 and FY 27 to $115.63 from $89.95. We remain confident that MU's financial position has vastly improved and see FCF of +$50B in CY 26 and +$80B in CY 27, with expected prepayments from key customers to be leveraged towards capacity expansion initiatives. We expect pricing to remain resilient well into CY 27, fueled by higher AI capex spend and the greater wafer capacity needs for high-bandwidth memory. We believe that strategic customer agreements offer better revenue visibility, and next-gen NVIDIA servers offer considerable content growth. Over time, pricing increases are likely to moderate, especially as it creates some demand destruction in cyclical markets, while our target price and assumptions conservatively assume multiples remain within the lower end of the historical range on fear of what the other end of the cycle will look like.

$MU

Research47d ago

Research Alert: CFRA Retains Hold Rating On Shares Of Brookfield Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We keep our CAD70 applying a conservative equity risk premium and a forward P/E of 14.3x compared to the five-year historical average at 16.0x that assumes a more conservative valuation framework. We are monitoring the pace of monetization across its operating businesses and distributions to limited partners in all private funds. BN's financial results are reported in U.S. dollars and our valuation metric takes into account the foreign exchange rate of USD1 equals CAD1.37. We think BN is well positioned for 2026 growth across all businesses. We decrease our 2026 distributed earnings (DE) by USD $0.20 to USD2.90 and 2027's by USD 0.10 to USD3.50, both just below the consensus, as we assess BN's realizations from investments that impact earnings in coming quarters. In Q1 2026, cash distributions were supported by solid operating earnings in BN's infrastructure, energy, and private equity businesses. BN believes capital markets remain constructive for high-quality, cash-flowing assets, including real estate.

$BN

Research47d ago

Research Alert: CFRA Keeps Hold Rating On Shares Of Klarna Group Plc

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:After digesting Q1 results, we raise our target by $2 to $18, 14.7x our 2028 EPS estimate, a discount to its historical trading average (36.1x) but more aligned with peers (14.3x). We increase our 2026 EPS view to $0.16 from -$0.14, keep 2027's at $0.68, and increase 2028's to $1.23 from $1.15. KLAR shares surged after the company reported a strong Q1, highlighted by accelerated growth and a pivotal return to net income profitability. This performance was fueled by the rapid scaling of its Fair Financing product and the increasing adoption of the Klarna Card, which expanded its merchant and user networks. Management signaled strong confidence by reiterating its full-year 2026 guidance, underscoring its strategy to become a default payment provider while leveraging its deposit-funded model. Despite the positive results, we think key risks remain, including rising transaction costs due to the shift to higher-cost products and the inherent credit risk associated with the rapid expansion of its loan book.

$KLAR

Research47d ago

Research Alert: CFRA Keeps Hold Opinion On Shares Of Power Corporation Of Canada

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 price by CAD15 to CAD85, valuing the shares at 14x our 2026 adjusted EPS estimate of CAD6.00 (raised today from CAD5.85) and at 13x our 2027 EPS estimate of CAD6.55 (raised from CAD6.40), vs. the shares' three-year average forward multiple of 10x and a peer average of 11x. POW reported strong Q1 2026 adjusted EPS of CAD1.43 vs. CAD1.22 a year ago, reflecting broad-based strength across most operating segments and matching our CAD1.42 estimate and the CAD1.43 consensus view. Net earnings from continuing operations rose 19% to CAD820M, while EPS increased nearly 21% to CAD1.29 vs. CAD1.07 in the prior-year period, demonstrating solid operational execution. We applaud these results, and reaffirm our 2026 operating revenue growth forecast of 7% to 12%. At current levels, shares trade at a premium to peers and historical averages are fairly valued, but we think they are worth holding given their 3.4% yield.

$POW

Research47d ago

Research Alert: Glob: Results And Guidance Near Expectations; Ai Pods Arr Steadily Rising

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:GLOB reported Q1 results near expectations, with revenue of $607M (-1% Y/Y) modestly exceeding consensus of $602M, while adjusted EPS of $1.50 (flat Y/Y) matched the Street view. Adjusted operating margin of 14.1% declined 80 bps Y/Y and came in below GLOB's guidance midpoint of 14.5%, with frictions visible from the company's ongoing business model transformation toward a more AI-centric model. Management reiterated its 2026 sales midpoint of $2.485B (0.2% growth ex-FX), nearly matching consensus ($2.484B), along with its full-year adjusted EPS view of $6.30 ($6.28). We find the continued guidance stability encouraging following recent share price weakness and AI existentialism, with GLOB increasingly positioning itself as an agentic orchestrator to counter these fears. AI Pods momentum remains a bright spot, with $33M of ARR in Q1 (up from $20M in 2025) and the AI Pods pipeline reaching $352M (+30% Q/Q), though faster sequential growth will be needed to reach GLOB's $60M-$100M target by year-end 2026.

$GLOB

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