Financial News · Live Terminal

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Carpenter Technology Keeps Quarterly Dividend at $0.20 a Share, Payable June 4 to Holders of Record as of April 28

Baird Adjusts Synopsys Price Target to $499 From $555, Maintains Neutral Rating

Synopsys (SNPS) has an average rating of overweight and mean price target of $537, 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)Price: $451.97, Change: $+10.82, Percent Change: +2.45%

$SNPS

Wire68d ago

Top Midday Stories: Hormuz Strait Temporarily Open to Commercial Ships; Netflix Reports Strong Q1 Earnings, But Guidance Disappoints

All three major US stock indexes were up sharply in late-morning trading Friday, as Iran Foreign Minister Seyed Abbas Araghchi said on X that the Strait of Hormuz is completely open to commercial ships for the remaining period of the ceasefire between the US and Iran.In company news, Netflix (NFLX) reported Q1 earnings late Thursday of $1.23 per diluted share, up from $0.66 a year earlier and above the FactSet consensus analyst estimate of $0.76. First-quarter revenue was $12.25 billion, up from $10.54 billion a year ago and above the FactSet consensus of $12.18 billion. For Q2, the company said it expects EPS of $0.78 on revenue of $12.57 billion. Analysts polled by FactSet expect $0.84 and $12.64 billion, respectively. The company also said Chairman and Co-founder Reed Hastings said he will not stand for re-election to the board when his term expires in June. Netflix shares were down 9.4% around midday.Intel's (INTC) stock was up in morning trading Friday, touching $6.97 earlier, its highest level since August 2000. Intel shares were up 2.6%.Alcoa (AA) reported Q1 adjusted earnings late Thursday of $1.40 per share, down from $2.15 a year earlier and below the FactSet consensus of $1.53. First-quarter revenue was $3.19 billion, down from $3.37 billion a year ago and below the FactSet consensus of $3.28 billion. Alcoa shares were down 7.5%.Autoliv (ALV) reported Q1 adjusted earnings Friday of $2.05 per diluted share, down from $2.15 a year earlier but above the FactSet consensus of $1.83. First-quarter revenue was $2.75 billion, up from $2.58 billion a year ago and above the FactSet consensus of $2.62 billion. For full-year 2026, the company said it expects adjusted operating margin of about 10.5% to 11% and operating cash flow of around $1.2 billion. Autoliv shares were up 9.9%.Truist Financial (TFC) reported Q1 earnings Friday of $1.09 per diluted share, up from $0.87 a year earlier and above the FactSet consensus of $1.00. First-quarter revenue was $5.15 billion, up from $4.90 billion a year ago but below the FactSet consensus of $5.16 billion. Truist shares were up 1.8%.Fifth Third Bancorp (FITB) reported Q1 earnings Friday of $0.15 per diluted share, down from $0.71 a year earlier and compared to the FactSet consensus of a loss of $0.10. First-quarter revenue was $2.83 billion, up from $2.14 billion a year ago but below the FactSet consensus of $2.85 billion. For full-year 2026, Fifth Third said it expects net interest income of $8.7 billion to $8.8 billion and noninterest income of $4.0 billion to $4.2 billion. For Q2, the company said it expects net interest income of $2.20 billion to $2.25 billion and noninterest income of $1.00 billion to $1.06 billion. Fifth Third shares were up 1.8%.Price: $97.13, Change: $-10.66, Percent Change: -9.89%

$AA$ALV$FITB$INTC$NFLX$TFC

Wire68d ago

Southern Company's PowerSecure to Develop Wyoming Energy Storage, Solar Project

Southern Company's (SO) PowerSecure unit said Friday it is collaborating with Powder River Energy and the NRTC to develop a utility-scale battery storage and solar project in Wyoming.The project, expected to reduce annual wholesale power costs by up to $1 million, aims to manage peak grid demand caused by regional industrial and rural growth while providing backup capacity during outages.Construction is expected to take about two years, with the system targeted to be operational in 2027.The planned installation features a 5-megawatt battery system holding 21.6 megawatt-hours of capacity alongside a 1.25-megawatt ground-mounted solar array, Southern said.Shares of the company were down 1.2% in Friday trading.Price: $93.79, Change: $-1.11, Percent Change: -1.17%

$SO

Wire68d ago

Baird Adjusts Tractor Supply Price Target to $60 From $61, Maintains Outperform Rating

Tractor Supply Company (TSCO) has an average rating of overweight and mean price target of $56.36, 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)Price: $44.98, Change: $+0.35, Percent Change: +0.78%

$TSCO

Wire68d ago

Park-Ohio Keeps Quarterly Dividend at $0.125 a Share, Payable May 15 to Holders of Record May 1

$PKOH

Wire68d ago

Baird Adjusts Cadence Design Systems Price Target to $381 From $395, Maintains Outperform Rating

Cadence Design Systems (CDNS) has an average rating of Buy and mean price target of $373.33, 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)Price: $312.51, Change: $+5.55, Percent Change: +1.81%

$CDNS

Wire68d ago

Baird Adjusts Autodesk Price Target to $312 From $355, Maintains Outperform Rating

Autodesk (ADSK) has an average rating of Buy and mean price target of $329.28, 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)Price: $245.87, Change: $+2.71, Percent Change: +1.11%

$ADSK

Wire68d ago

Evercore ISI Adjusts Price Target on Delta Air Lines to $85 From $80, Maintains Outperform Rating

Delta Air Lines (DAL) has an average rating of buy and mean price target of $81.23, 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)Price: $73.99, Change: $+4.10, Percent Change: +5.87%

$DAL

Wire68d ago

Baird Adjusts PTC Price Target to $194 From $231, Maintains Outperform Rating

PTC (PTC) has an average rating of overweight and mean price target of $187.78, 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)Price: $140.78, Change: $+2.51, Percent Change: +1.82%

$PTC

Wire68d ago

Gilead's Yeztugo Launch Shows Mix of Perspectives, RBC Says

Gilead Sciences' (GILD) Yeztugo launch is off to a solid start, though not tracking towards a transformational prospect, RBC Capital Markets said in a Friday note.Yeztugo is a prescription medicine used as HIV-1 pre-exposure prophylaxis to reduce the risk of getting HIV-1.The report said feedback from a mini symposium, key opinion leaders and a payer showed a largely positive experience and improving access while noting challenges in catalyzing overall pre-exposure prophylaxis growth, and early bolus could slow."Overall, Yeztugo launch feels solid early, akin to a better Apretude...but not necessarily the mass-market transformational prophylactic we believe was initially hoped for," the report said.The note added that this is likely reflected in consensus' $7 billion peak sales estimate and in its shares.RBC kept its sector perform rating with a price target of $123.Price: $137.88, Change: $-0.67, Percent Change: -0.48%

$GILD

Wire68d ago

Baird Adjusts Roper Technologies Price Target to $464 From $550, Maintains Outperform Rating

Roper Technologies (ROP) has an average rating of overweight and mean price target of $457.29, 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)Price: $363.06, Change: $+1.18, Percent Change: +0.33%

$ROP

Wire68d ago

BMO Capital Adjusts Price Target on Crown Castle to $100 From $91, Maintains Outperform Rating

Crown Castle (CCI) has an average rating of overweight and mean price target of $96.82, 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)Price: $88.34, Change: $+1.47, Percent Change: +1.69%

$CCI

Wire68d ago

Bernstein Adjusts Price Target on Marriott International to $400 From $393, Maintains Outperform Rating

Marriott International (MAR) has an average rating of overweight and mean price target of $370.95, 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)Price: $376.60, Change: $+14.18, Percent Change: +3.91%

$MAR

Wire68d ago

Autonomous Research Adjusts Everest PT to $339 From $333, Maintains Underperform Rating

Everest Group (EG) has an average rating of Hold and mean price target of $367.94, 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)Price: $349.35, Change: $+4.94, Percent Change: +1.43%

$EG

Wire68d ago

Autonomous Research Adjusts Charles Schwab PT to $114 From $129, Maintains Neutral Rating

Charles Schwab Corp (SCHW) has an average rating of overweight and mean price target of $115.42, 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)Price: $92.50, Change: $-0.12, Percent Change: -0.13%

$SCHW

Wire68d ago

Home BancShares Posts 'Stable' Q1 With Strong Profitability Despite Headwinds, RBC Says

Home BancShares (HOMB) reported a "stable" Q1, with strong execution driving peer-leading profitability despite modest headwinds, RBC Capital Markets said in a note Thursday.The analysts said the company reported Q1 earnings per share of $0.60, in line with expectations."Overall, this was a stable quarter with paydowns driving a slight decline in period end loans though average balances were higher, manageable margin headwinds, and strong expense control," the analysts added.Looking ahead, the analysts expect low levels of net charge-offs, stable margins, and controlled expenses. Management expects paydowns to offset loan growth in the near term, while the analysts see the Mountain Commerce acquisition supporting future pipelines.Overall, the outlook remains consistent, with continued peer-leading profitability and an active, opportunistic share repurchase program, the analysts said, adding that they are maintaining earnings estimates for 2026 and 2027 at $2.50 and $2.60 per share, respectively.RBC has a sector perform rating and a price target of $31 on Home BancShares.Price: $27.07, Change: $+0.33, Percent Change: +1.23%

$HOMB

Wire68d ago

BMO Capital Adjusts Alliant Energy Price Target to $79 From $78, Maintains Outperform Rating

Alliant Energy (LNT) has an average rating of overweight and mean price target of $77.30, 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)Price: $72.20, Change: $-0.57, Percent Change: -0.78%

$LNT

Wire68d ago

Benchmark Adjusts Price Target on CSX to $46 From $40, Maintains Buy Rating

CSX (CSX) has an average rating of overweight and mean price target of $42.41, 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)Price: $43.40, Change: $+0.68, Percent Change: +1.59%

$CSX

Wire68d ago

JPMorgan Adjusts VICI Properties Price Target to $34 From $38, Maintains Overweight Rating

VICI Properties (VICI) has an average rating of overweight and mean price target of $34.14, 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)Price: $28.63, Change: $+0.23, Percent Change: +0.79%

$VICI

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Wire68d ago