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BofA and Goldman Cut Teladoc (TDOC) Price Targets
Yahoo Finance· 2026-02-23 14:58
Teladoc Health, Inc. (NYSE:TDOC) is one of the 13 Best American Penny Stocks to Invest In. On January 27, BofA Securities reduced its price target on Teladoc Health, Inc. (NYSE:TDOC) from $7.50 to $7 and kept its Neutral rating on the stock. BofA Securities pointed out that BetterHelp’s monthly active users in Q4 are tracking 0.2% above Q3 levels but 18.7% down compared to the same period last year. Despite year-over-year trends being a little worse than in the previous quarter, BofA sees the flat growth ...
JP Morgan Reduces Target Price on Booking Holdings (BKNG) to $5,600
Yahoo Finance· 2026-02-23 14:56
Core Insights - Booking Holdings Inc. is recognized as one of the best consumer discretionary stocks to buy currently, despite a recent target price reduction by JPMorgan from $6,250 to $5,600, which represents a 10.4% decrease while maintaining an Overweight rating [1] Financial Performance - Booking Holdings reported strong Q4 earnings with GAAP net income increasing by 34% year-over-year to $1.4 billion and GAAP earnings per share rising by 38% year-over-year to $44.22 [2] - Non-GAAP metrics also showed significant growth, with adjusted EBITDA up 19% year-over-year to $2.2 billion and adjusted earnings per share increasing by 17% year-over-year to $48.80 [2] Revenue and Profitability - The company's revenue grew by 16% year-over-year to $6.3 billion, driven by a 9% increase in room nights booked to 285 million and a 6% rise in average daily rates to $151 per night [3] - Net income margins improved by 300 basis points year-over-year to 22.5%, aided by approximately $550 million in annualized run-rate savings from the company's "Transformation Program" [3]
Earnings and Platform Development Powering The Descartes Systems Group Inc. (DSGX) Bullish Thesis
Yahoo Finance· 2026-02-22 18:52
Group 1 - The Descartes Systems Group Inc. (NASDAQ:DSGX) is identified as one of the best technology stocks at a 52-week low, with a price target lowered by Scotiabank from $115 to $95, indicating a potential upside of 43.77% from current levels [1] - Barclays upgraded The Descartes Systems Group Inc. from Equal Weight to Overweight, slightly reducing its price target from $106 to $105, viewing the company's third-quarter FY2026 results as a positive turning point [2] - The company is recognized for its global logistics technology solutions, offering a wide range of services including transportation management, customs compliance, and B2B messaging [3] Group 2 - Analysts see potential for The Descartes Systems Group Inc. to outperform in CY26, supported by ongoing platform development that enhances its competitive edge [3] - The software sector has faced challenges, but select stocks, including The Descartes Systems Group Inc., are expected to outperform [1] - The company is moving beyond the impacts of uncertain macroeconomic conditions, which is viewed positively by analysts [2]
Needham Raises Micron (MU) Target to $450, Maintains Buy Rating
Yahoo Finance· 2026-02-22 15:24
Core Viewpoint - Needham analyst raised Micron Technology, Inc.'s price target from $380 to $450 while maintaining a Buy rating, citing sustained tightening in the memory market and upward pricing trends [1] Group 1: Analyst Ratings and Price Targets - Needham analyst N. Quinn Bolton increased Micron's price target to $450, maintaining a Buy rating [1] - Morgan Stanley analyst Joseph Moore also reiterated a Buy rating on Micron with a price target of $450 [2] Group 2: Market Conditions and Demand - The tightening in the memory market is allowing memory pricing to continue its upward trend [1] - Substantial capital expenditures by hyperscalers and a shift towards larger reasoning models are driving demand for high-performance memory and storage solutions [1] - Micron's Executive Vice President of Operations described the shortage in memory chips as "unprecedented" [2] - Micron's AI memory semiconductors are fully booked for 2026 [2] Group 3: Company Background - Micron Technology, Inc. is a major U.S.-based manufacturer of memory and storage solutions, founded in 1978 and headquartered in Idaho [3]
BofA Reinstates Coverage of NIQ Global Intelligence plc (NIQ) with a Buy Rating and a $20 Price Target
Yahoo Finance· 2026-02-22 03:13
NIQ Global Intelligence plc (NYSE:NIQ) is among the 11 Newly-Listed NYSE Stocks to Buy Now. BofA Reinstates Coverage of NIQ Global Intelligence plc (NIQ) with a Buy Rating and a $20 Price Target On February 17, 2026, BofA analyst Curtis Nagle reinstated coverage of NIQ Global Intelligence plc (NYSE:NIQ) with a Buy rating and a $20 price target. Curtis Nagle said that as BofA resumes coverage of 19 Information and Business Services companies, the firm is “generally constructive” on the group and is foreca ...
The Vita Coco Company, Inc. (COCO) Reports Q4 Revenue of $128M, Above Consensus
Yahoo Finance· 2026-02-22 01:57
Core Insights - The Vita Coco Company, Inc. (NASDAQ:COCO) is recognized as one of the best high-growth consumer stocks to invest in currently [1] Financial Performance - For Q4 2026, Vita Coco reported revenue of $128 million, surpassing the consensus estimate of $119.21 million [2] - The company anticipates full-year 2026 net sales between $680 million and $700 million, driven by low teens growth in Vita Coco Coconut Water and improvements in Private Label trends [3] - Gross margin is projected to be approximately 38%, benefiting from lower costs due to reduced tariffs and higher pricing, though partially offset by adverse product mix and increased promotional expenses [3] - Adjusted EBITDA is expected to range from $122 million to $128 million for the year [3] Market Position and Growth Drivers - The coconut water category is identified as one of the fastest-growing beverage categories, with Vita Coco's retail sales experiencing healthy growth in the U.S. and core international markets [2] - Growth is supported by the company's investments as a category leader, increased household penetration, new consumption occasions, and effective supply chain performance [2]
Goldman Sachs Raises Public Storage (PSA) Target as Acquisition Advantage Drives Growth
Yahoo Finance· 2026-02-21 14:00
Core Viewpoint - Public Storage (NYSE:PSA) is recognized as one of the best real estate stocks to buy according to hedge funds, with a strong focus on its acquisition capabilities and leadership transition [1][7]. Group 1: Analyst Recommendations - Goldman Sachs analyst Caitlin Burrows raised the price target for Public Storage to $330 from $321, maintaining a Buy rating after the company's Q4 results [2]. - The analyst highlighted the company's advantage in acquiring large assets while generating strong returns due to its lower cost of capital, allowing it to pursue deals that competitors may overlook [2]. Group 2: Leadership Transition - CEO Joseph Russell announced a significant leadership transition, promoting Tom Boyle to CEO and Trustee, marking a generational change for the company [3]. - Russell emphasized Boyle's strong track record as CFO and CIO, noting his contributions to capital allocation and overall business performance [3]. Group 3: Company Performance - Russell introduced Joe Fisher as the new President and CFO, citing his deep industry experience and respect within the REIT sector as valuable to the leadership team [4]. - Public Storage led its sector in same-store revenue growth, NOI growth, and NOI margins from 2023 to 2025, achieving the strongest core FFO per share growth and total shareholder returns of 18.6%, outperforming peers [4]. Group 4: Company Overview - Public Storage is a self-storage REIT that operates storage facilities, providing flexible month-to-month lease terms for both individuals and businesses [5].
Goldman Sachs Raises its Price Target on Entegris, Inc. (ENTG) to $95 and Maintains a Sell Rating
Yahoo Finance· 2026-02-21 11:09
Entegris, Inc. (NASDAQ:ENTG) is among the 12 Best Tech Stocks that Beat Earnings Estimates. On February 11, 2026, Goldman Sachs raised its price target on Entegris, Inc. (NASDAQ:ENTG) to $95 from $75 and maintained a Sell rating after results and guidance came in above Street estimates. Goldman Sachs said the beat and outlook should support the stock in the near term, while noting Entegris remains focused on improving operational execution. Goldman Sachs added that it is looking for clearer signs of a sus ...
The Progressive Corporation (PGR) Reports Jan 2025 Results
Yahoo Finance· 2026-02-20 20:13
The Progressive Corporation (NYSE:PGR) is one of the Best Dip Stocks to Buy According to Hedge Funds. On February 18, The Progressive Corporation (NYSE:PGR) reported its January 2026 results. The company grew its net premiums written by 4% year-over-year to $6.735 billion and net premiums earned by 5% to $6.921 billion. The total net income for the month came in at $1.163 billion, reflecting 4% increase year-over-year. ​The pretax net realized gains on securities totaled $103 million for the month, refle ...
Goldman Flags Limited Re-Rating Potential for Sasol Limited (SSL) Amid Oil Volatility
Yahoo Finance· 2026-02-20 17:43
Core Insights - Sasol Limited (NYSE:SSL) is identified as one of the undervalued chemical stocks to consider for investment according to hedge funds [1] - Goldman Sachs downgraded Sasol from Buy to Neutral, setting a price target of ZAR 118, citing a weak product price outlook that may limit earnings revisions in the near term [2][3] Financial Performance - Sasol revised its FY26 fuel sales outlook upward to a growth of 5–10% compared to FY25, an increase from the previous forecast of 0–3%, supported by stronger Natref performance and additional production from Prax South Africa [4] - Gas production volumes were revised down to a range of 0–5% below FY25 due to delays and softer demand, while global chemical revenues remain pressured [5] Operational Highlights - The destoning plant in Southern Africa reached beneficial operation in December 2025, with average sinks tracking the lower end of the 12%–14% guidance range, marking a significant milestone in coal quality enhancement [4] - Chemicals Africa showed slight sales volume improvements supported by operational gains, with further ramp-up expected in the second half of FY26 [5] Company Overview - Sasol Limited is a South African energy and chemical company that produces fuels, chemicals, and energy solutions, focusing on innovation and sustainability while exploring advanced technologies to optimize production and reduce environmental impact [6]