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Nomura Downgrades Ningbo Tuopu Group to Neutral From Buy, Adjusts Price Target to 55 Yuan From 75 Yuan

Ningbo Tuopu Group (SHA:601689) has an average rating of overweight and mean price target of 70 yuan, 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)

SHA:601689

Research69d ago

Citigroup Initiates Align Technology at Buy With $240 Price Target

Align Technology (ALGN) has an average rating of overweight and mean price target of $200.17, 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)

$ALGN

Research69d ago

Citigroup Initiates IDEXX Laboratories at Neutral With $650 Price Target

IDEXX Laboratories (IDXX) has an average rating of overweight and mean price target of $758.38, 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)

$IDXX

Research69d ago

Citigroup Initiates Henry Schein at Buy With $100 Price Target

Henry Schein (HSIC) has an average rating of overweight and mean price target of $89.23, 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)

$HSIC

Research69d ago

Jefferies Downgrades Public Service Enterprise Group to Hold From Buy, Adjusts PT to $89 From $90

Public Service Enterprise Group (PEG) has an average rating of overweight and mean price target of $91.41, 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)

$PEG

Research69d ago

Jefferies Initiates Autodesk at Buy With $300 Price Target

Autodesk (ADSK) has an average rating of buy and mean price target of $330.76, 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)

$ADSK

Research69d ago

Wells Fargo Upgrades CRH to Overweight From Equalweight, Price Target is $135

CRH public company (CRH) has an average rating of buy and mean price target of $144, 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)

$CRH

Research70d ago

Research Alert: Asml Beats And Raises On Impressive Memory Demand; China Exposure Down Sharply

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ASML posted Q1 2026 sales of EUR8.77B (+13% Y/Y), beating consensus EUR8.68B, with EPS of EUR7.15 (+19% Y/Y) surpassing consensus EUR6.62 by 8%. Gross margin of 53.0% hit the high end of guidance (51%-53%) as the high-margin Installed Base business outperformed expectations, likely helped by robust upgrade activity (which should continue). Memory contributed 51% of net system sales (vs. 30% in Q4) as demand continues strengthening, supported by AI demand, the ongoing memory shortage, and rising EUV penetration. 2026 revenue guidance was upped to ~EUR38B (+16.3%) from EUR36.5B, due to an improved non-EUV outlook despite elevated uncertainty. Management expects EUV capacity expansion to 60+ Low NA systems in 2026 (vs. ~50 in 2025) and 80+ by 2027, which we think provides a major growth lever beyond pricing/throughput progress that drove results in 2025. China exposure dropped meaningfully to 19% of Q1 sales (vs. 36% in Q4), while South Korea surged to 45% (vs. 22%), reflecting accelerating memory maker demand.

$ASML

Research70d ago

Research Alert: All Avgo Does Is Win More Deals; Expands Meta Partnership

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:AVGO announces an expanded multi-year strategic partnership with Meta to deploy technology supporting Meta's custom AI accelerator chips (MTIA), with an initial commitment exceeding 1GW as the first phase of a sustained multi-gigawatt rollout through 2029. The partnership will enable Meta to co-develop next-generation AI accelerator chips, leverages AVGO's networking and custom silicon expertise, and positions AVGO to become a critical player for Meta's infrastructure strategy (similar to its largest customer, Alphabet). Given the scale of this expanded partnership, Hock Tan will transition off Meta's Board into an advisor role, providing guidance on Meta's custom silicon roadmap. The Meta deal follows an expanded deal with Alphabet, securing agreements through 2031 to supply custom TPUs, and a 3.5GW Anthropic/GOOGL collaboration. We believe AVGO's expanded deals at significantly higher volumes are adding greater visibility and instilling more confidence into the out years of our model (2028-2030).

$AVGO

Research70d ago

Research Alert: CFRA Keeps Buy Opinion On Shares Of Blackrock, 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 price by $100 to $1,220, valuing BLK shares at 22x our 2026 adjusted EPS estimate of $54.58 (raised by $0.38) and at 20x our 2027 EPS estimate of $61.75. Our target multiples compare to BLK's one-year average forward multiple of 21x and a peer average of 13x, which included many firms that are slower growing and less profitable than BLK. Despite a challenging macroeconomic and geopolitical environment, we believe BLK shares are poised to outperform, thanks to a combination of solid, above-peer organic AUM growth, a growing and recurring revenue stream from technology services operations, and contributions from a targeted acquisition program. Currently trading at 19x our 2026 EPS estimate and at 17x our 2027 EPS estimate and yielding 2.2%, we view the shares as undervalued versus historical averages.

$BLK

Research70d ago

Research Alert: CFRA Keeps Hold Opinion On Shares Of Restaurant Brands International 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 by CAD15 to CAD114, based on 21x our 2026 EPS estimate (up from 18x), in line with the shares' 10-year average forward multiple. We raise our 2026 EPS to USD4.05 (CAD5.43) from USD4.00 and lower 2027's to USD4.29 (CAD5.75) from USD4.30. Our revised multiple reflects our view that QSR's franchised model offers better earnings resilience than company-operated formats in an environment of heightened margin headwinds. Our new estimates reflect potential acceleration of consumer trade-down toward value as higher gas prices may limit dining occasions or overall purchasing power. Our opinion remains Hold, as QSR is not immune to cost pressures, with adjusted operating margins falling 120 bps in 2025. We believe 2026 consensus estimates suggest expectations of margin expansion, with EPS growth estimates of 9.9% outpacing revenue growth of 4.3%, which may be at risk. Additionally, current valuation at historical averages leaves limited upside.

$QSR

Research70d ago

Research Alert: CFRA Drops Coverage On Shares Of Ribbon Communications Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping coverage on Ribbon Communications due to a shift in investor focus. The last recommendation on shares was a Hold opinion.

$RBBN

Research70d ago

Research Alert: Amzn Agrees To Acquire Globalstar Inc. To Expand Satellite Network Capabilities

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:AMZN agreed today to acquire satellite operator Globalstar Inc. (GSAT) for approximately $11.6 billion. Separately, AMZN struck a deal with Apple Inc. (AAPL) to continue powering iPhone and Apple Watch satellite services, preserving GSAT's most important customer relationship. Why this acquisition matters: AMZN is quickly becoming a formidable competitor in the telecommunications space, assembling a fully-integrated connectivity stack via Amazon Leo (satellite broadband), Globalstar (device connectivity), and AWS (cloud services). GSAT's globally-licensed L-band and S-band spectrum provides the foundation for AMZN to deliver direct-to-device communication with ordinary smartphones - no specialized hardware required. This is the missing layer that Amazon Leo, which was designed to deliver broadband through dedicated terminals, could not provide on its own. The deal is expected to close in 2027, and we see limited/manageable regulatory risk.

$AMZN

Research70d ago

CIBC on GFL Environmental's Announcement of Acquisition of SECURE Waste Infrastructure

CIBC Capital Markets on Monday had an outperformer rating and a C$77 price target on the shares of GFL Environmental (GFL.TO), after the company and SECURE Waste Infrastructure (SES.TO) announced they have entered into a definitive agreement.CIBC noted that GFL's shares were down approximately 10% on the back of the announcement despite GFL expecting the acquisition to be EBITDA- and FCF-margin accretive.According to CIBC, a key concern it heard from investors is how this proposed acquisition of SES reshapes GFL's portfolio, noting the company has spent the last few years transitioning to more of a pure-play solid waste company, having spun out GIP and Environmental Services (ES).CIBC said that while SES is not a solid waste company, its financial metrics are "strong and stable." It further said that SES has a disposal-centric operating model which does "align well" with GFL's solid waste segment."More importantly, GFL emphasized that it has no intention of expanding further into E&P-centric industrial waste through additional M&A, describing SES as a unique, one-off opportunity," said CIBC. "We would also highlight that what has anchored GFL's strategy are its long-term financial targets. From that perspective, the acquisition of SES drives GFL closer to hitting these goals."While addressing key investor questions regarding the transaction, CIBC also stated that given SES's exposure to the energy sector, there is a concern that its earnings stream is "significantly more cyclical" than solid waste.CIBC noted that near 80% of SES volumes are tied to recurring production related waste streams rather than drilling activity, which the bank views as "significantly more stable across commodity price cycles.""We look back at SES's financials to highlight the durability of its EBITDA through various commodity price environments," added CIBC.It further noted that, on a pro-forma basis, GFL estimates that revenue directly tied to E&P activity will represent roughly 10%-12% of consolidated revenue by 2027. CIBC said that while the SES EBITDA stream does exhibit some level of "incremental cyclicality versus legacy GFL", CIBC said that it does not expect this to "materially impact consolidated earnings volatility." CIBC added that, with GFL noting incremental M&A will be focused on the solid waste space, this will further dilute the contributions from the energy waste stream.(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: $52.25, Change: $-1.38, Percent Change: -2.57%

$GFL.TO$SES.TO

Research70d ago

Research Alert: CFRA Downgrades Rating On Sna Shares From Hold To Strong Sell

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Ahead of SNA's Q1 earnings print, we downgrade our view on shares from Hold to Strong Sell and revise our 12-month target price from $400 to $330, valuing shares at 15.5x our 2027 EPS outlook of $21.28 (down from $22.23; our 2026 EPS view was adjusted to $19.91 from $20.33), with the forward multiple being in line with the company's long-term historical average. Our bearish call on shares is primarily based on valuation, which we do not see soft sales and earnings expansion supporting in the near term. Margins came under pressure in Q4, both gross and operating profits, with headwinds likely being reflected in Q1 results as SNA grapples with higher material costs. Technician spending within the Tools Group has shifted from big ticket items amid conservatism, challenging top-line expansion within the segment. While the Commercial & Industrial business will likely see positive demand with the industrial economy reentering expansion territory, it is a smaller percentage of SNA's portfolio when compared to Tools.

$SNA

Research70d ago

Canaccord Genuity Upgrades Gran Tierra Energy to Buy From Hold, $10.15 Price Target

$GTE

Research70d ago

Research Alert: CFRA Reiterates Buy Opinion On Shares Of Carmax 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 by $5 to $60, based on a FY 28 P/E of 17.4x, a justified discount to KMX's 10-year mean forward P/E of 19.8x. We lower our FY 27 adjusted EPS estimate to $2.70 from $3.05 and introduce FY 28 at $3.45. Following KMX's fiscal Q4 2026 beat, we are raising our price target and reiterating our Buy view. We were encouraged by KMX's earnings release, as the company's top- and bottom-line results came in well above consensus. In our view, KMX has been a poorly managed company for some time and we continue to view it as in the early stages of a turnaround. Moreover, with consumer affordability concerns back in the spotlight due to the uptick in inflation, we think used vehicle demand could benefit - and KMX is one of the only used vehicle pure-plays. We think new CEO Keith Barr has his work cut out to improve margins, but we KMX's volumes and pricing improving in the coming quarters, which should help its bottom line given the significant operating leverage of auto dealerships.

$KMX

Research70d ago

Research Alert: CFRA Reiterates Buy Opinion On Shares Of Citigroup Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target price by $10 to $150 applying a forward P/E of 13.2x that is near the midpoint of the historical averages for three years at 15.1x and five years at 11.9x on forward normalized earnings. We are confident C is well positioned to accelerate growth and performance. Looking ahead for 2026, we believe there is ample market opportunity to exceed consensus expectations on revenue growth and wider margins for all businesses. We are increasing our 2026 EPS estimate by $1.55 to $11.30 and 2027's by $0.80 to $12.50 on projected revenue of $93.5B (prior $88.3B) and $98.5B ($92.0B). We moved to a new valuation level on price to NTBV at a premium of 1.5x, which is still below direct peers trading anywhere from 1.7x to 2.5x. We see upside to our target based on C's leading position in treasury securities services and its position as one of the top-five players in investment banking. Valuation risk may rest with a change in macroeconomic conditions outside the U.S., where C has more exposure than peers.

Research70d ago

Research Alert: CFRA Keeps Buy Opinion On Shares Of Wells Fargo & Company

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:With higher inflation expectations and a weakening low-end consumer, we cut our 12-month target price by $10 to $108, representing 13.3x our 2027 EPS estimate, above the five-year historical average of 11.5x, given the removal of the bank's asset cap. We raise our 2026 EPS view by $0.08 to $7.05 and increase 2027's by $0.23 to $8.13. Commentary during the Q1 earnings call disappointed as management highlighted that recent margin headwinds will likely persist through Q2. However, with WFC closing its final outstanding consent order last month, the bank is well-positioned to capture market share by pursuing low-hanging fruit. Encouraging momentum has emerged in loan balances, with loan growth accelerating for six consecutive quarters (+10% Y/Y in Q1), while deposit growth (+6%) reached its highest level since 2021. We expect this trajectory to continue and are encouraged by WFC's strategic expansion into high-yielding credit card loans, including the launch of two new travel-focused rewards cards in Q1.

$WFC

Research70d ago

Research Alert: CFRA Retains Buy Opinion On Shares Of Johnson & Johnson

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We keep our target of $278, 22.1x our 2027 EPS view, above JNJ's 10-year historical forward P/E average, justified by its improving growth outlook. We lift our 2026 EPS view to $11.66 from $11.63, mainly to reflect the Q1 beat. We keep our 2027 EPS at $12.58. JNJ delivered solid Q1 2026 results that were above expectations, with top-line sales growth of 9.9% Y/Y to $24.1B, demonstrating continued momentum across both the core Innovative Medicine (+11.2% Y/Y) and MedTech (+7.7% Y/Y) segments. The company reaffirmed its trajectory toward $101B in annual revenue for 2026 (CFRA: $101.3B) and expressed confidence in achieving double-digit growth by decade's end. We view this target as achievable driven by new product launches (Darzalex injectable, Icotyde, which is expected to be one of JNJ's largest products), an innovative pipeline, and key strategic initiatives (mid-2027 Orthopedics separation, which we think will unlock considerable value for JNJ and manufacturing expansions in North Carolina and Pennsylvania).

$JNJ

Showing 5621-5640 of 5911

Research70d ago

CIBC on GFL Environmental's Announcement of Acquisition of SECURE Waste Infrastructure

$GFL.TO$SES.TO