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Barclays Upgrades Seagate Technology to Overweight From Equalweight, Adjusts PT to $625 From $425

Seagate Technology Holdings (STX) has an average rating of overweight and mean price target of $537.27, according to analysts polled by FactSet.

$STX

Research155d ago

Barclays Upgrades Skyworks Solutions to Overweight From Equalweight, Adjusts PT to $70 From $60

Skyworks Solutions (SWKS) has an average rating of hold and mean price target of $63.81, according to analysts polled by FactSet.

$SWKS

Research155d ago

Research Alert: CFRA Maintains Hold Recommendation On Shares Of Alcoa Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our 12-month target by $7 to $75, assuming an EV/EBITDA of 6.5x our 2027 EBITDA estimate, a discount to AA's three-year average forward EV/EBITDA of 6.7x, warranted by the Section 232 tariffs, a headwind for AA's cost basis. We raise our 2026 EPS estimate by $2.97 to $7.78 and our 2027 EPS estimate by $0.57 to $6.12. AA benefits from a favorable aluminum supply-demand backdrop stemming from the Middle East conflict, which has taken approximately 2.5 million metric tons of annual smelting capacity offline and pushed LME aluminum prices above $3,600/ton. AA's strategic advantages include minimal spot electricity exposure (less than 1%) and growing demand for value-added products from customers seeking to replace Middle East supply. However, the alumina segment faces margin pressure from weak API pricing and elevated energy costs. With $1.4 billion in cash and debt reduction underway, AA is well positioned to benefit from sustained tight aluminum markets while navigating alumina headwinds.

$AA

Research155d ago

Research Alert: CFRA Drops Stars Coverage Of Six Flags Entertainment Corp

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping analytical coverage of FUN, an amusement park operator, due to a shift in investor focus. Our previous recommendation was Hold.

$FUN

Research155d ago

Daiwa Downgrades Abbott Laboratories to Neutral From Outperform, Adjusts PT to $92 From $113

Abbott Laboratories (ABT) has an average rating of overweight and mean price target of $119.08, according to analysts polled by FactSet.

$ABT

Research155d ago

Rothschild & Co Redburn Downgrades Albemarle to Neutral From Buy, Adjusts PT to $188 From $185

Albemarle (ALB) has an average rating of overweight and mean price target of $199.86, according to analysts polled by FactSet.

$ALB

Research155d ago

Jefferies Downgrades Prudential Financial to Hold From Buy, Adjusts Price Target to $98 From $124

Prudential Financial (PRU) has an average rating of hold and mean price target of $100.93, according to analysts polled by FactSet.

$PRU

Research155d ago

Research Alert: CFRA Drops Stars Coverage Of Tripadvisor Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping analytical coverage of TRIP, an online travel agency, due to a shift in investor focus. Our previous recommendation on shares of TRIP was Hold.

$TRIP

Research155d ago

Research Alert: CFRA Keeps Hold Opinion On Adss Of Nio Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our target to USD7.00 from USD6.50, which implies a 2026 P/S of 1.0x (below its five-year mean of 2.7x), on our projected slower two-year revenue CAGR of 29% (vs. its historical five-year CAGR of 40% through 2025). We project NIO's revenue to grow 33%/25% in 2026/2027, assuming the number of car deliveries will increase by 40%/30% in 2026/2027, led by demand for upcoming new models (including the ONVO L80, ES9, and five-seat ES7). We expect non-GAAP net losses to narrow, supported by an improved product mix and enhanced scale efficiencies. Nevertheless, intensifying price competition, policy headwinds, and elevated costs are likely to delay profitability improvement, with breakeven unlikely to materialize before 2028. Improved delivery growth and margin trajectory are encouraging, but insufficient to warrant a more constructive stance until the company demonstrates a clear path to profitability. We revise our non-GAAP LPADS forecast to CNY0.42 (from CNY0.51) for 2026 and set 2027's LPADS at CNY0.09.

$NIO

Research155d ago

Nomura Starts Leela Palaces Hotels & Resorts at Buy with INR510 Price Target

Leela Palaces Hotels & Resorts (NSE:CHALET, BOM:542399) has an average rating of buy and mean price target of 553.81 Indian rupees, according to analysts polled by FactSet.

BOM:544408NSE:THELEELA

Research155d ago

Nomura Starts Chalet Hotels at Neutral with INR860 Price Target

Chalet Hotels (NSE:CHALET, BOM:542399) has an average rating of buy and mean price target of 1,024.05 Indian rupees, according to analysts polled by FactSet.

BOM:542399NSE:CHALET

Research155d ago

Research Alert: Bhp Raises Copper Outlook On Escondida Strength, Cuts Unit Costs Significantly

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:BHP delivered solid nine-month operational performance with copper production of 1,460.9kt, down 3% Y/Y, due to lower Escondida grades, while iron ore achieved record production of 196.6Mt, up 2%. Average realized copper prices surged 31% Y/Y to USD5.47/lb, led by AI infrastructure demand and electrification trends, with iron ore averaging USD84.91/wmt, up 2%. Strong operational momentum at key assets including record material mined at Escondida and excellence at WAIO support the investment thesis despite grade headwinds. Management upgraded FY 26 (Jun.) copper guidance to the upper half of the 1,900-2,000kt range, reflecting operational confidence. BHP's disciplined capital management realized USD4.8B through strategic transactions, including the Antamina streaming deal, enabling focus on growth projects. Escondida's unit cost guidance was lowered to USD1.00-1.20/lb, reflecting operational excellence, while the Resolution Copper land exchange milestone advances a major untapped copper resource.

$BHP

Research155d ago

Research Alert: CFRA Drops Stars Coverage Of Tripadvisor Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping analytical coverage of TRIP, an online travel agency, due to a shift in investor focus. Our previous recommendation on shares of TRIP was Hold.

$TRIP

Research155d ago

Research Alert: CFRA Drops Stars Coverage Of Six Flags Entertainment Corp

$FUN

Research155d ago

Research Alert: CFRA Reiterates Strong Buy View On Shares Of 3m Company

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 at $185 following MMM's Q1 earnings print, valuing shares at 19.4x our 2027 operating EPS outlook of $9.53 (up from $9.26; 2026 EPS view raised to $8.82 from $8.63), near MMM's historical multiple pre-pandemic. Given the company's improving earnings quality and portfolio optimization efforts, we currently see shares as attractively valued. While the macroeconomic environment remains highly dynamic, we do not see this as an exclusive driver of share performance - execution on internal initiatives will be a core determinant of the company's results as its transformation matures. Automation presents a meaningful opportunity in driving the next leg of productivity enhancements, which we see as a tailwind for operating margins as investments bear fruit. On the growth front, we are encouraged by MMM's efforts to lean into data center market expansion, with "Expanded Beam Optics" technology showing early traction among hyperscalers. We reiterate our Strong Buy on shares.

$MMM

Research155d ago

Research Alert: CFRA Reiterates Strong Buy View On Shares Of 3m Company

$MMM

Research155d ago

Research Alert: CFRA Keeps Buy Rating On Shares Of Intuitive Surgical, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our target price to $590 from $645, 52.7x our 2027 EPS estimate, below ISRG's five-year average forward P/E of 58x. We raise our 2026 EPS forecast to $10.09 from $9.78 to reflect the Q1 beat and maintain our 2027 EPS estimate at $11.19. We maintain a neutral outlook on the health care equipment sub-industry, as we see positive long-term tailwinds balancing out near-term headwinds. We think that the sub-industry's underperformance relative to the S&P 500 since the beginning of the year accentuated since the onset of the U.S.-Iran conflict in February. This reflects investor caution around near-term operational challenges for Medtech companies, particularly around supply chain, despite the sub-industry's attractive longer-term growth trajectory. We think ISRG shares are trading attractively at current valuations given its robust outlook despite the weakness seen in recent months, which we mainly attribute to the overall negative sentiment for the sub-industry's near-term pressures.

$ISRG

Research155d ago

Research Alert: Eqt: A Strong Q1 Led By Better Pricing

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:EQT kicked off 2026 with a solid earnings beat, reporting adjusted EPS of $2.33 vs. $1.18, beating consensus by $0.24. The pricing environment provided significant tailwinds, with average realized prices of $5.08/Mcfe up 35% and volumes of 618 Bcfe up 8%. Growth drivers are tied to data center demand and LNG exports, with the company targeting Northern Virginia and Southeast markets for incremental data center and industrial demand. EQT guided to unchanged CY26 volume guidance of 2,275-2,375 Bcfe, though plans Q2 production cuts of 10-15 Bcfe due to recent pricing weakness with front-month Henry Hub around $2.75/Mcfe. The company plans CY 26 capex of $2.65B-$2.85B, implying 18% growth at the midpoint. Record quarterly FCF of $1.83B (up 77%) enabled further balance sheet strengthening, with net debt declining to $5.7B as EQT approaches its $5B long-term debt target. Total per-unit operating costs of $1.09/Mcfe came in below management guidance.

$EQT

Research155d ago

Research Alert: Wrb Beats Q1 Eps But Premium Growth Slows Sharply, Raising Valuation Risk

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:WRB posted Q1 2026 operating EPS of $1.30 versus $1.05 a year ago, exceeding our $1.09 estimate and $1.14 consensus forecast. However, net written premium growth continued decelerating to just 1.3% from 9.9% in Q1 2025, raising concerns about WRB's ability to maintain above-peer top-line growth. We applaud WRB's facile underwriting model that allows capital allocation to the healthiest areas, but slowing premium trends could weigh on shares and imperil their premium valuation versus peers. Management expressed cautious optimism, noting margins "will continue to be excellent" while emphasizing effective capital management through 4.5M share repurchases in Q1. WRB's combined ratio improved modestly to 90.7% from 90.9%, with the Insurance segment deteriorating to 92.2% while Reinsurance improved to 78.6%. We note WRB's Q1 operating ROE of 21.2% remains well above the 15%-17% peer average, but challenging market conditions may prove difficult for sustaining premium growth rates.

$WRB

Research155d ago

Research Alert: Sonoco Products Co Q1: Revenue Below Consensus, Margins Down Y/y

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:SON's Q1 2026 results highlight persistent operational challenges, with net sales of $1.676B declining 1.9% Y/Y and missing consensus by $33M, primarily due to the November 2025 ThermoSafe divestiture. Adjusted EPS of $1.20 fell 13.0% from $1.38 in the prior year, though meeting consensus estimates, while GAAP improvements reflected favorable tax adjustments and divestiture impacts rather than underlying operational strength. The transformed portfolio continues facing headwinds despite management's strategic repositioning efforts. The significant adjusted metrics decline contrasts with GAAP improvements, suggesting the operational challenges may persist as the company navigates its post-divestiture structure. We believe the weak adjusted performance underscores concerns about the company's ability to generate sustainable growth from its current portfolio mix, particularly given the revenue shortfall relative to expectations.

$SON

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