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JP Morgan Downgrades MSC Industrial Direct (MSM), Cuts Price Target
Yahoo Finance· 2026-02-17 13:22
MSC Industrial Direct Co., Inc. (NYSE:MSM) is one of the 12 Dividend Stocks With High Insider Buying. JP Morgan Downgrades MSC Industrial Direct (MSM), Cuts Price Target On February 6, 2026, JP Morgan downgraded MSC Industrial Direct Co., Inc. (NYSE:MSM) from Overweight to Neutral, while also lowering the price target from $96 to $95. According to JP Morgan, the stock’s price target and trading volumes are uninspiring, and the firm expressed concern, citing that the company’s self-help initiatives have n ...
RBC Cuts Target on Reynolds Consumer Products (REYN) Post Q4 Results
Yahoo Finance· 2026-02-17 13:19
Reynolds Consumer Products Inc. (NASDAQ:REYN) is one of the 12 Dividend Stocks With High Insider Buying. RBC Cuts Target on Reynolds Consumer Products (REYN) Post Q4 Results On February 5, 2026, RBC Capital lowered the price target on Reynolds Consumer Products Inc. (NASDAQ:REYN) from $28 to $25 while keeping a Sector Perform rating. The update follows the company’s Q4 2025 results, released a day earlier, on February 4, 2025. RBC Capital cited the company’s restrained 2026 outlook and ongoing challenges ...
Morgan Stanley Lifts TC Energy Corporation (TRP) Target to C$93 on Favorable Backdrop
Yahoo Finance· 2026-02-17 12:59
We recently published an article titled 11 Best Canadian Growth Stocks to Buy According to Hedge Funds. On January 28, Morgan Stanley raised its price target on TC Energy Corporation (NYSE:TRP) to C$93 from C$92 while maintaining an Overweight rating, as part of a broader reassessment of North American midstream and renewable infrastructure equities. The firm noted strong sector performance amid favorable commodity pricing and constructive earnings results, supporting continued investor interest in high-q ...
Roth Raises Integra Resources Corp. (ITRG) Resources Price Target to $7, Reiterates Buy
Yahoo Finance· 2026-02-17 12:51
Group 1 - Integra Resources Corp. (NYSE:ITRG) received a price target increase from Roth Capital, raising it to $7 from $6.50 while maintaining a Buy rating, driven by stronger near-term gold and silver prices despite modestly below-expectation fourth-quarter production results [1] - On February 9, Integra completed an oversubscribed bought deal financing of approximately $61.6 million, issuing over 18.1 million shares at $3.40 per share, with proceeds aimed at pre-production capital expenditures for the DeLamar Project [3] - The financing follows significant permitting advancements and a completed feasibility study, positioning the DeLamar Project for early construction activities and reducing execution risk while mitigating the likelihood of near-term dilutive capital raises [3] Group 2 - Integra Resources is focused on precious metals exploration and development in the Great Basin region of the western United States, with achieved permitting milestones and secured capital to advance the DeLamar Project, making it an attractive growth stock according to hedge funds [4]
Birkenstock Holding plc (BIRK) Reports First-Quarter Revenue of EUR 401.9 Million, Up from EUR 361.72 Million
Yahoo Finance· 2026-02-17 10:34
Core Insights - Birkenstock Holding plc (NYSE:BIRK) is recognized as one of the 12 Best Consumer Stocks to Buy according to Wall Street [1] Financial Performance - For the first quarter, Birkenstock reported revenue of EUR 401.9 million, an increase from EUR 361.72 million year-over-year, indicating strong demand during the holiday season [2][8] - The company aims for a three-year plan targeting 13–15% constant currency revenue growth and EBITDA margins above 30% [2] Management Commentary - CEO Oliver Reichert described Birkenstock as a purpose-driven brand with significant growth potential and emphasized the importance of a vertically integrated supply chain [2] - Management plans to optimize profit per pair while maintaining brand equity by focusing on geography, channel, and product [2] Analyst Sentiment - Williams Trading upgraded Birkenstock to Buy from Hold with a price target of $49, citing valuation as the basis for the upgrade [3] - Goldman Sachs analyst Louise Singlehurst lowered her price target to $59 from $62.80 but maintained a Buy rating, highlighting strong momentum and attractive valuation [4]
Stephens Upgrades Boot Barn Holdings, Inc. (BOOT) to Overweight from Equal Weight and Raises its Price Target to $237
Yahoo Finance· 2026-02-17 10:25
Core Viewpoint - Stephens upgraded Boot Barn Holdings, Inc. (BOOT) to Overweight from Equal Weight and raised its price target to $237 from $196, citing a clearly defined earnings growth model and confident management [1] Group 1: Analyst Upgrades and Price Targets - BofA analyst Christopher Nardone increased his price target for Boot Barn to $240 from $235 while maintaining a Buy rating, noting strong third-quarter results and a positive sales outlook [2] - The upgrade by Stephens is seen as a tactical call related to potential spring consumer trade and tax refund beneficiaries, as well as a long-term investment perspective [1] Group 2: Financial Performance - Boot Barn reported third-quarter revenue of $705.643 million, slightly above the consensus estimate of $704.84 million, with a year-over-year sales increase of 16% [3] - The company guided fiscal 2026 revenue to between $2.24 billion and $2.25 billion, aligning with the consensus of $2.24 billion [3] - Merchandise margin expanded by 110 basis points, contributing to a diluted EPS of $2.79 [3] Group 3: Company Overview - Boot Barn operates specialty retail stores in the U.S. and internationally, focusing on western and work-related footwear, apparel, and accessories for men, women, and kids [4]
RBC Capital Lowers its Price Target on Coty Inc. (COTY) to $8 and Maintains an Outperform Rating
Yahoo Finance· 2026-02-17 10:16
Price Target Adjustments - RBC Capital lowered its price target on Coty Inc. to $8 from $10 while maintaining an Outperform rating, citing an organic sales beat for the quarter and a transition period under new leadership [1] - Morgan Stanley reduced its price target to $3.50 from $4.25, keeping an Equal Weight rating, noting second-quarter results were slightly below target and expressing concern over third-quarter EBITDA guidance and the withdrawal of fiscal 2026 guidance [2] - Citi lowered its price target to $3 from $3.50 and maintained a Neutral rating, viewing the earnings report as mixed and highlighting uncertainty following the pulled fiscal 2026 outlook [2] Financial Performance - Coty reported second-quarter revenue of $1.68 billion, exceeding the consensus estimate of $1.66 billion [3] - The Executive Chairman and Interim CEO, Markus Strobel, acknowledged disappointing financial performance over the past year and a half, indicating that the current share price reflects this reality [3] Company Overview - Coty Inc. manufactures, markets, and sells branded beauty products globally through its Prestige and Consumer Beauty segments, offering fragrance, cosmetics, and skin and body care products [4]
Stifel Lowers its Price Target on The Wendy’s Company (WEN) to $9 and Maintains a Hold rating
Yahoo Finance· 2026-02-17 09:54
Core Viewpoint - The Wendy's Company (NASDAQ:WEN) is facing challenges in the restaurant sector, with multiple analysts lowering their price targets and maintaining cautious ratings, despite its growth plans in Mexico [2][3][4]. Group 1: Analyst Ratings and Price Targets - Stifel analyst Chris O'Cull reduced the price target for Wendy's to $9 from $11 while maintaining a Hold rating, citing expected strong fourth-quarter results in the restaurant space, with Wendy's as a notable exception [2]. - Citi lowered its price target for Wendy's to $8 from $9, keeping a Neutral rating [3]. - Morgan Stanley also cut its price target for Wendy's to $8 from $9, maintaining an Underweight rating as part of its 2026 outlook on the restaurant and foodservice sector [3]. Group 2: Growth Initiatives - Wendy's is accelerating its growth in Mexico and is actively seeking a franchise partner to develop locations in Tijuana and Baja California, with a long-term potential of over 400 locations nationwide [4]. - The company currently operates more than 40 restaurants in Mexico, which management considers a strategic hub for expansion [4]. Group 3: Company Overview - The Wendy's Company operates and franchises quick-service restaurants both in the United States and internationally, with segments that include U.S. operations, international markets, and global real estate and development [5].
Texas Capital Downgrades Great Lakes Dredge & Dock Corporation (GLDD) to Hold with a $17 Price Target
Yahoo Finance· 2026-02-17 09:51
Core Viewpoint - Great Lakes Dredge & Dock Corporation (GLDD) is set to be acquired by Saltchuk Resources for $17 per share, with the transaction valued at approximately $1.5 billion, representing a significant premium over its recent trading prices [2][3][4]. Group 1: Acquisition Details - Saltchuk Resources announced a definitive agreement to acquire Great Lakes Dredge for $17 per share in cash, which is a 25% premium to GLDD's 90-day volume-weighted average price as of February 10, 2026 [3]. - The total equity value of the transaction is approximately $1.2 billion, with a total value of $1.5 billion [3]. - The boards of both companies have unanimously approved the acquisition agreement, and the offer is expected to close in the second quarter of 2026, pending customary conditions [4]. Group 2: Company Overview - Great Lakes Dredge & Dock Corporation provides dredging services in the United States, including port expansion, coastal restoration, land reclamation, and marine infrastructure projects [5].
Transocean (RIG) – Among the Energy Stocks that Gained This Week
Yahoo Finance· 2026-02-17 02:42
The share price of Transocean Ltd. (NYSE:RIG) surged by 21.34% between February 6 and February 13, 2026, putting it among the Energy Stocks that Gained the Most This Week. Transocean (RIG) - Among the Energy Stocks that Gained This Week Transocean Ltd. (NYSE:RIG) is a leading international provider of offshore contract drilling services for oil and gas wells. Transocean Ltd. (NYSE:RIG) soared on February 9 after the company announced it had agreed to acquire Valaris in an all-stock deal valued at approx ...