Cullen/Frost (CFR) Upgraded to Buy: Here's Why
ZACKS· 2025-01-10 18:01
Cullen/Frost Bankers (CFR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power ...
Verona Pharma (VRNA) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-01-10 18:01
Verona Pharma PLC American Depositary Share (VRNA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and foll ...
Virtus (VRTS) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-01-10 18:01
Virtus Investment Partners (VRTS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...
All You Need to Know About OPAL FUELS INC (OPAL) Rating Upgrade to Buy
ZACKS· 2025-01-10 18:01
Investors might want to bet on OPAL Fuels Inc. (OPAL) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changi ...
EU approves $35B Synopsys and Ansys merger, subject to divestment conditions
TechCrunch· 2025-01-10 18:00
The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must sell-off various software products as part of the proposed remedies. Chip design software maker Synopsys revealed last January its plans to acquire Ansys, a simulation software developer that helps engineers model and analyze the physical behavior of products, such as chips, and evaluate their real-world performance. The $35 billion transaction, involving two publicly-traded companies, is the bigg ...
Why Constellation Energy Stock Soared 22% on Friday
The Motley Fool· 2025-01-10 17:56
Constellation Energy (CEG 23.65%) stock dominated headlines in 2024 with its announcement of a plan to reopen Three Mile Island and supply nuclear power to Microsoft server farms. Constellation is starting off 2025 with even more news -- and even more share price strength. This morning, the electric utility announced plans to acquire natural gas and geothermal electric utility Calpine Corporation.Investors applauded the move. As of 12:15 p.m. ET, Constellation stock is up 22.5%.The Constellation-Calpine mer ...
Why Archer Aviation Stock Was Falling Today
The Motley Fool· 2025-01-10 17:54
Shares of Archer Aviation (ACHR -10.42%), the high-flying electric vertical takeoff and landing (eVTOL) stock, were pulling back today after JPMorgan Chase weighed in on the stock, downgrading its rating from overweight to neutral on valuation concerns, as well as the belief that the market may be getting ahead of itself.As of 11:58 a.m. ET, the stock was down 11.6% on the news. Archer loses altitudeJPMorgan says that the stock was trading as if the company had received full certification, which it has not. ...
Why Is Macy's (M) Down 1.7% Since Last Earnings Report?
ZACKS· 2025-01-10 17:51
A month has gone by since the last earnings report for Macy's (M) . Shares have lost about 1.7% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Macy's due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Macy's Q3 Earnings Miss Estimates, Comparable Sales Decline Y/YMa ...
Why Is Adobe (ADBE) Down 11.6% Since Last Earnings Report?
ZACKS· 2025-01-10 17:51
A month has gone by since the last earnings report for Adobe Systems (ADBE) . Shares have lost about 11.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Adobe due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Adobe Q3 Earnings and Revenues Surpass EstimatesAdobe ...
CBRE Group Stock Rises 39.4% in 6 Months: Will the Trend Last?
ZACKS· 2025-01-10 17:51
Shares of CBRE Group (CBRE) have rallied 39.4% in the past six months, outperforming its industry’s growth of 13.1%.With a wide array of real estate products and services offerings, CBRE enjoys a robust scale and is the largest commercial real estate services and investment firm (based on 2023 revenues). A healthy outsourcing business, strategic acquisitions and a solid balance sheet are expected to drive its performance.Last week, CBRE announced that it had completed the combination of its project manageme ...