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Morningstar Downgrades Ocado Group to Hold Rating

Morningstar on Thursday lowered supermarket technology company Ocado Group (OCDO.L) to hold from buy and kept its price target at 2.59 pounds sterling.

$OCDO.L

Research154d ago

Jefferies Upgrades Croda International to Buy, Boosts PT

Jefferies on Thursday upgraded specialty chemicals company Croda International (CRDA.L) to buy from hold and increased its price target to 35 pounds sterling from 30 pounds.

$CRDA.L

Research154d ago

Arqaam Capital Lowers Al Hammadi Holding PT, Keeps at Hold

Arqaam Capital on Wednesday lowered its price target for integrated healthcare group Al Hammadi Holding (SASE:4007) to 38 Saudi riyals from 42 riyals, while maintaining a hold rating.

SASE:4007

Research154d ago

Svenska Handelsbanken Upgrades Metso to Buy

Svenska Handelsbanken on Thursday upgraded Finnish industrial machinery company Metso (METSO.HE) to buy from hold, while maintaining its price target at 17.50 euros.

$METSO.HE

Research154d ago

UBS Reduces Emaar Properties' PT, Keeps at Buy

UBS on Wednesday decreased the price target for property developer Emaar Properties (DFM:EMAAR) to 16.00 Emirati dirhams from 20.10 dirhams and confirmed its buy rating.

DFM:EMAAR

Research154d ago

Kepler Cheuvreux Upgrades TotalEnergies to Hold, Boosts PT

Kepler Cheuvreux on Thursday upgraded French energy group TotalEnergies (TTE.PA, TTE.L) to hold from reduce and increased its price target to 79.00 euros from 55.00 euros.

$TTE.L$TTE.PA

Research154d ago

Research Alert: Pten: U.s. Headwinds Persist In Q1; Revenues Fall 13%

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Patterson-UTI Energy Inc. (PTEN) delivered a Q1 2026 operating loss of $0.06/share vs. breakeven results in Q1 2025, beating the consensus estimate by $0.04. Total revenues of $1.12B fell 13% Y/Y with double-digit declines in both Completion Services (down 11% to $680M) and Drilling Services (down 15% to $352M). We think the bull case for PTEN rests on the U.S. industry responding to the Middle East war with a sizable hike in upstream capex. The company noted upstream customers continue to prioritize shareholder returns over reinvestment into the oilfield, which in our view is a secular problem. U.S. operating days dropped 13%, adjusted operating margins narrowed 120 bps to 18.4%, and adjusted EBITDA fell 18% to $205M. Free cash flow turned negative at -$53M vs. +$46M in the prior year, while cash balances dwindled 20% to $337M. Given uncertainty over war duration following the February 28 onset, we find it difficult to conclude that U.S. E&Ps will abandon their prior spending restraint.

$PTEN

Research154d ago

Research Alert: Rop: Solid Q1 Beats; Raises Guidance On Strong Execution And Software Demand

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ROP beat Q1 expectations with adjusted EPS of $5.16 (+8% Y/Y), beating consensus by $0.17, and revenue of $2.10B (+11%, +6% organic), surpassing estimates by $40M. All segments delivered solid growth, led by Application Software (+12% to $1.19B), Network Software (+14% to $428M), and Technology Enabled Products (+9% to $476M). Management highlighted continued strength in mission-critical software demand and early AI product traction across vertical platforms. Cash generation remained robust, with operating cash flow up 12% to $592M and free cash flow growing 11% to $562M. Full-year 2026 adjusted EPS guidance was raised to $21.80-$22.05 from $21.30-$21.55, above consensus of $21.50, reflecting Q1 outperformance and share repurchases. We believe ROP's AI initiatives position the company well, with vertical market leaders best positioned for AI monetization. With over $5B in deployable capital, we expect continued strategic acquisitions and opportunistic buybacks.

$ROP

Research154d ago

Research Alert: Comcast Reports Mixed Q1 Earnings As Broadband Losses Slow

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Comcast Corporation (CMCSA) delivered mixed Q1 2026 results with revenue growing 5.3% to $31.46B, though adjusted EPS declined 27.5% to $0.79 as strategic investments and competitive pressures weighed on profitability. Domestic broadband losses improved to 65k from 183k in the prior year, while wireless delivered a record 435k net additions and Content & Experiences surged 39.7% to $11.94B, supported by the Olympics and Super Bowl events. We believe the company's transformation efforts show early traction despite near-term margin pressure from simplified pricing and enhanced customer experience initiatives. Management indicated investments should begin paying off in the back half as initial repositioning costs are lapped. We expect continued competitive headwinds from fiber and fixed wireless providers, though wireless momentum and content performance provide positive catalysts, with free cash flow of $3.90B supporting $2.5B in shareholder returns despite a 28% decline from higher capex.

$CMCSA

Research154d ago

Research Alert: Axp: Q1 Earnings Beat As Spending Accelerates

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:AXP delivered strong Q1 2026 results with EPS of $4.28 vs. $3.64 prior year, beating consensus by $0.29, while revenue of $18.9B grew 11% Y/Y and exceeded estimates by 2%. Card member spending accelerated to 10% growth (highest in three years) and net card fees continued their impressive trajectory with 18% Y/Y expansion to $2.8B, extending the multi-year streak of double-digit growth. The premium positioning continues resonating as customers migrate toward higher-tier offerings, with International Card Services leading at 20% revenue growth and billed business reaching $428B (+10% Y/Y). Management reaffirmed full-year 2026 guidance for 9%-10% revenue growth and EPS of $17.30-$17.90 despite strong Q1 performance. Credit quality remains pristine with net write-off rates improving to 2.0% from 2.1% prior year. We believe the combination of accelerating spending growth, continued fee expansion, and excellent credit metrics positions AXP favorably for sustained outperformance in the premium payments space.

$AXP

Research154d ago

Research Alert: Thermo Fisher Scientific: Q1 Results Top Estimates As Clario Acquisition Closes

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:TMO delivered Q1 top- and bottom-line beats with adjusted EPS of $5.44 vs. the $5.15 consensus and revenue of $11.01B (+6% Y/Y), though organic growth remained modest at 1% as the $8.9B Clario acquisition contributed significantly to performance. Mixed segment performance showed Life Sciences Solutions strength at $2.64B (+13% Y/Y) with improved 36.2% margin benefiting from the Solventum acquisition, while Analytical Instruments faced flat revenue and significant margin compression to 20.7% from 23.2% the prior year reflecting ongoing equipment spending pressures. FCF surged to $825M from $373M, supporting return of capital to shareholders. TMO returned $3.0B through share repurchases and increased its dividend 10%. The company plans to update 2026 financial guidance during the upcoming earnings call. We believe the robust cash flow performance and disciplined capital allocation activities support TMO's operational resilience despite the challenging life sciences tools operating environment.

$TMO

Research154d ago

Research Alert: Kdp: Q1 Ahead Of Expectations; Company Split On Track

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Keurig Dr Pepper (KDP) posted Q1 adjusted EPS of $0.39 vs. $0.42 (-7%), ahead of the $0.37 consensus. Net sales rose 9.4% Y/Y to $3.98B ($150M ahead of consensus), but gross margin contracted 180 basis points to 52.8% (20 bps above consensus). On a constant currency basis, net sales were up 8.1%, attributed to price realizations (+5.5%) and volume/mix (+2.6%). The U.S. Refreshment Beverages segment was the standout performer, with net sales rising 11.9% to $2.6B, led by volume/mix (+7.2%) and favorable net price realizations (+4.7%). The U.S. Coffee segment remained a drag on overall performance, with net sales declining 2.3% to $857M as volume/mix (-8.2%) more than offset net price realizations (+5.9%). KDP maintained prior 2026 guidance. This was a solid earnings release, with top- and bottom-line results exceeding consensus. With the JDE Peet's acquisition complete and plans for separation into two pure-play companies, management is now focused on positioning both entities for long-term success.

$KDP

Research154d ago

Research Alert: Honeywell Prints Q1 Beat; Break-up Nears

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:HON delivered a Q1 beat with adjusted EPS of $2.45 versus the consensus of $2.32, with margins expanding 90 bps to 23.3% as productivity actions offset input cost inflation. We attribute the beat to successful cost management and earlier-than-expected removal of stranded costs from the aerospace separation. We continue to see the multi-year portfolio transformation unlocking value despite near-term impairment charges and separation costs. The aerospace spin-off timeline has been accelerated to June 2026. Building Automation led segment growth at 8% organically, with fire business delivering double-digit growth and data center orders up 9%. Process Automation declined 6% organically due to Iranian conflict impacts on shipments, though LNG projects showed double-digit growth. The announced Warehouse and Workflow Solutions sale to American Industrial Partners complements the previously disclosed Productivity Solutions divestiture.

$HON

Research154d ago

RBC Lifts Price Target on Vertiv Holdings to $356 From $344, Keeps Outperform Rating

Vertiv Holdings (VRT) has an average rating of overweight and mean price target of $335.62, according to analysts polled by FactSet.

$VRT

Research154d ago

Research Alert: Lockheed Martin Posts Q1 Miss, Cash Flow Weakness, Full-year Guidance Intact

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:LMT reported Q1 2026 sales of $18.0B (+0.3% Y/Y), missing consensus by 1.3%, as 8% Y/Y growth at Missiles and Fire Control (MFC) and Space (+7%) was offset by declines at Aeronautics (-1%) and Rotary and Mission Systems (-8%). GAAP EPS of $6.44 fell 11.5% Y/Y, missing consensus by $0.25, due to unfavorable profit adjustments on F-16 and C-130 programs totaling $180M. The results highlight ongoing execution risks on fixed-price contracts, though F-35 sustainment progress and MFC's strong performance in high-priority defense systems provide positive offsets. Management maintained full-year guidance targeting 5% sales growth and 25% segment operating profit growth despite weak Q1 performance. Operating cash flow declined 84% Y/Y to $220M, while free cash flow turned negative at -$291M, raising concerns about achieving $6.5-$6.8B full-year guidance. We believe Q2 will be pivotal in determining whether current headwinds reflect timing issues or more fundamental execution challenges that could pressure guidance.

$LMT

Research154d ago

Metro Price Target Lowered to $97 at Desjardins

Desjardins lowered its price target on Metro Inc. (MRU.TO) to $97 from $99.Analyst Chris Li maintained a Hold rating on shares of the Canadian supermarket chain following its quarterly results on Wednesday."Despite solid results with EPS growth returning to MRU's 8-10% target, the stock underperformed," Li said in a note to clients. "We attribute this mainly to concerns around slowing food SSSG (rising competition and moderating consumption) and limited earnings visibility from the produce DC strike.""These are masking MRU's success in navigating through a challenging environment," the analyst said."Given MRU's large valuation discount to Loblaw Cos. Ltd. (L.TO) (17x vs 23x forward P/E), we expect improving earnings visibility to be a key driver of valuation improvement."

$L.TO$MRU.TO

Research154d ago

JPMorgan Downgrades Lucky Strike Entertainment to Underweight From Neutral, Adjusts PT to $6 From $8

Lucky Strike Entertainment Corporation (LUCK) has an average rating of overweight and mean price target of $11.44, according to analysts polled by FactSet.

$LUCK

Research154d ago

Jefferies Downgrades Las Vegas Sands to Hold From Buy, Adjusts PT to $63 From $72

Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $69.87, according to analysts polled by FactSet.

$LVS

Research154d ago

Citigroup Downgrades Madison Square Garden Sports to Neutral From Buy, Adjusts PT to $355 From $337

Madison Square Garden Sports (MSGS) has an average rating of overweight and mean price target of $378.17, according to analysts polled by FactSet.

$MSGS

Research154d ago

CN Rail and CP Kansas City Price Targets Raised at Raymond James

Raymond James raised its price target on Canadian National Railway (CNR.TO, CNI) to $170 from $162, and on Canadian Pacific Kansas City (CP.TO, CP) to $125 from $120 on Thursday.Analyst Steve Hansen maintained an Outperform rating on both Canadian railways."Canadian rail traffic is off to a better-than-expected start in 2026," Hansen said in a note to clients. "While January struggled (acute weather), traffic accelerated through February/ March driven by sustained tailwinds in Grain, Intermodal, and PetChem.""Both Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) outperformed our expectations," the analyst said."After an underwhelming FY26 volume guide ('flattish'), CN stood out, in particular, outperforming not only Street expectations, but also its closest peer for a 2nd consecutive quarter. Share price performance followed," Hansen said."Looking forward, we remain cautiously optimistic on both carriers. While the threat of further US trade action still lingers, we see a realistic path to LSD to MSD traffic growth underpinned by: 1) sustained bulk tailwinds (grain, potash); 2) incremental self-help traction; and 3) a rapidly improving economic/freight outlook south of the border. At the same time, emerging inflections in key categories (PetChem, Forestry, FracSand) are expected to influence the growth and yield mix."

$CNI$CNR.TO$CP$CP.TO

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