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Norwegian Cruise Line Earnings Are Coming. Brace for a Wave of Stock Volatility.
Barrons· 2026-03-01 21:00
Core Viewpoint - Norwegian Cruise Line is expected to report earnings soon, with investors anticipating significant stock price volatility due to competitive pressures and the influence of Elliott Investment Management [1]. Company Performance - Norwegian Cruise Line has underperformed compared to its competitors, Royal Caribbean and Carnival, over the past year [1]. Market Context - The upcoming earnings report is set against a backdrop of heightened investor scrutiny and potential market fluctuations, particularly influenced by Elliott Investment Management's involvement [1].
Wells Fargo Maintains Hold on Hewlett Packard Enterprise (HPE)
Yahoo Finance· 2026-03-01 15:04
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the 10 Best Stocks to Buy According to Elliott Investment Management. Wells Fargo Maintains Hold on Hewlett Packard Enterprise (HPE) On February 19, 2026, Wells Fargo analyst Aaron Rakers reiterated a Hold rating on Hewlett Packard Enterprise Company (NYSE:HPE) with a price target of $26.00. On the same day, JPMorgan analyst Samik Chatterjee kept an Overweight rating on the stock and lowered its price target from $30 to $27. According to the firm, t ...
Goldman Sachs Cuts Pinterest (PINS) Target as RBC Downgrades Shares
Yahoo Finance· 2026-03-01 15:04
Core Viewpoint - Pinterest, Inc. (NYSE:PINS) is facing challenges with revenue growth due to macroeconomic pressures affecting major retail advertisers, despite a healthy increase in its user base, particularly among Gen-Z users [2][3]. Group 1: Analyst Ratings and Price Targets - Goldman Sachs lowered its price target for Pinterest from $32 to $23 while maintaining a Buy rating, citing revenue pressure from macro headwinds [2]. - RBC Capital downgraded Pinterest from Outperform to Sector Perform with a new price target of $17, down from $38, highlighting disappointing Q4 results and failed product cycle plans [3]. Group 2: Company Overview and Market Position - Pinterest, founded in 2010, operates as a visual discovery engine and social commerce platform based in California [4]. - While there is potential for Pinterest as an investment, some analysts suggest that certain AI stocks may offer greater upside potential with less downside risk [4].
Barclays Raises Phillips 66 (PSX) Target to $158, Keeps Equal Weight Rating
Yahoo Finance· 2026-03-01 15:04
Phillips 66 (NYSE:PSX) is one of the 10 Best Stocks to Buy According to Elliott Investment Management. Barclays Raises Phillips 66 (PSX) Target to $158, Keeps Equal Weight Rating On February 20, 2026, Barclays raised the price target on Phillips 66 (NYSE:PSX) from $142 to $158 while maintaining an Equal Weight rating. Earlier, on February 4, 2026, Phillips 66 (NYSE:PSX) reported its earnings results for the fourth quarter and full year 2025, highlighting earnings of $2.9 billion, or $7.17 per share, and ...
TD Cowen Sees Elliott Involvement Supporting Smucker’s (SJM) Long-Term Execution
Yahoo Finance· 2026-02-28 04:35
The J. M. Smucker Company (NYSE:SJM) is included among the 14 Value Stocks to Buy with High Dividend Yields. TD Cowen Sees Elliott Involvement Supporting Smucker’s (SJM) Long-Term Execution On February 27, TD Cowen raised its price recommendation on The J. M. Smucker Company (NYSE:SJM) to $124 from $112. It reiterated a Hold rating on the shares. The firm said the increase reflects its positive view of activist Elliott Investment Management’s constructive engagement with the company. It expects Elliott’s ...
JM Smucker Serves Up Underbaked Sales as Hostess’s Little Treats Go Stale
Yahoo Finance· 2026-02-27 05:01
People keep drinking coffee, even in tough economic times, but they skip the mini donuts. Folgers-owner JM Smucker reported its net sales rose 7% in the most recent quarter, boosted by pricier coffee due to tariffs and harsh weather conditions. But Donettes- and Twinkies-maker Hostess, which Smucker acquired for $5.6 billion in 2023, is struggling. Comparable revenue in Smucker’s sweet baked goods sector fell 11%. The Uncrustables purveyor, which also expects profits to take a hit from a recent fire at ...
JM Smucker adds to board after deal with activist investor
Yahoo Finance· 2026-02-26 13:39
JM Smucker has appointed two new directors to the board of the US food-and-beverage group after a deal with activist investor Elliott Investment Management. Shares in the Uncrustables and Folgers owner jumped in early trading today (26 February) after its agreement with Elliott was announced. David Singer, a former CEO of snacks group Snyder’s-Lance, and NRG Energy CFO Woo-Sung Chung (who is also known as Bruce), will join the JM Smucker board. The announcement came alongside a set of third-quarter res ...
J.M. Smucker enters into agreement with Elliott, appoints two independent directors
Reuters· 2026-02-26 12:55
J.M. Smucker said on Thursday it had appointed Woo-Sung Chung and David Singer to its board, after reaching a "constructive engagement" with investor Elliott Investment Management. ...
'Pressure is for Tyres' LSEG CEO Says After Elliott Takes Stake
Yahoo Finance· 2026-02-26 11:03
The London Stock Exchange Group has announced plans to buy back £3 billion of its own shares, as it reported full year results less than a month after it emerged that Elliott Investment Management had taken a stake. The company also hiked its final dividend 15.7% to 103 pence a share and set new guidance for the next two years. LSEG CEO David Schwimmer Spoke to Caroline Hepker and Stephen Carroll on Bloomberg Radio. Bloomberg LP, the parent company of Bloomberg News, competes with LSEG to provide financial ...
LSEG Unveils £3 Billion Buyback as Elliott Pushes for Change
Yahoo Finance· 2026-02-26 10:27
Bloomberg The London Stock Exchange Group Plc has announced plans to buy back £3 billion ($4.1 billion) of its own shares, as it reported full-year results less than a month after it emerged that Elliott Investment Management had taken a stake. The group, which bought back £2.1 billion in 2025, has already purchased £415 million of its own shares in the year to date and plans to pay out the additional £3 billion by February next year, according to a statement Thursday. The company also hiked its final di ...