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Why Cleveland-Cliffs Stock Got Rocked on Wednesday
Yahoo Finance· 2026-01-08 00:18
Key Points The shares took a hit from an analyst's downgrade. That pundit was once a bull, now he considers the steelmaker's equity to be only a hold. 10 stocks we like better than Cleveland-Cliffs › One market professional tracking the fortunes of Cleveland-Cliffs (NYSE: CLF) became notably less enthusiastic about its future on Wednesday. As a result, shares of the storied American steelmaker fell by more than 9% in value during that trading session. Knocked down a peg Analyst Philip Gibbs of K ...
Jefferies Downgrades First Solar, Shares Drop 4%
Financial Modeling Prep· 2026-01-07 18:37
Core Viewpoint - Jefferies downgraded First Solar from Buy to Hold and reduced the price target to $260.00 from $269.00, resulting in a more than 4% decline in shares during pre-market trading [1] Group 1: 2026 Outlook and Strategic Concerns - Jefferies expressed caution regarding First Solar's 2026 outlook due to limited booking visibility and emerging strategic questions [2] - Expectations surrounding Section 232 tailwinds may disappoint investors, with potential carve-outs for Germany and other regions that could dilute pricing benefits [2] - Developers are accelerating projects ahead of duties and FEOC considerations, which may impact future pricing [2] Group 2: Manufacturing Challenges and Cash Flow - International manufacturing facilities continue to pose challenges while tariffs remain in effect [3] - Although First Solar is expected to remain free-cash-flow positive, the timeline for significant cash generation is likely too extended to act as a near-term catalyst for the stock [3] - Jefferies sees limited upside from current stock levels due to these factors [3]
Deckers Stock Stoops Lower After Downgrades
Schaeffers Investment Research· 2026-01-07 16:38
Shares of Deckers Outdoor Corp (NYSE:DECK) are 2.7% lower today, to trade at $104.54, after Piper Sandler downgraded the company from "neutral" to "underweight". DECK's price target was also lowered from $100 to $85. Baird also chimed in with a downgrade of its own, to "neutral" from "outperform," citing concerns about the HOKA parent's growth story.The retail stock has rallied 30% off its three-year-low of $78.91 from Nov. 5, but is still down roughly 50% year over year. The shares have found support at th ...
EverCommerce Inc. (NASDAQ:EVCM) Downgraded by RBC Capital
Financial Modeling Prep· 2026-01-05 16:00
Core Viewpoint - EverCommerce Inc. has been downgraded by RBC Capital, but institutional investors continue to show interest in the company, indicating potential confidence in its future performance [2][3][6] Company Overview - EverCommerce Inc. provides software solutions for service-based businesses across various sectors, including health services, home services, and fitness and wellness [1] Stock Performance - The stock was downgraded from "Outperform" to "Sector Perform" with a price of $11.55 at the time of the downgrade [2] - The stock price decreased by 4.62% to $11.55 following the downgrade [3] - The stock has fluctuated between $10.88 and $12.01, with a yearly high of $14.41 and a low of $7.66 [5][6] - The current market capitalization of EverCommerce stands at approximately $2.1 billion [5] Institutional Investor Activity - Squarepoint Ops LLC acquired 56,648 shares valued at approximately $595,000, showing confidence in EverCommerce [3] - Deutsche Bank AG increased its holdings by 141.9% in the first quarter, now owning 9,836 shares valued at $99,000 [4] - Nuveen LLC and Martingale Asset Management L P have established new positions valued at $493,000 and $202,000, respectively [4]
Life360 (NASDAQ:LIF) Stock Downgrade and Insider Selling Activity
Financial Modeling Prep· 2026-01-05 13:04
Citigroup downgraded Life360 (NASDAQ:LIF) from "Market Outperform" to "Perform".Director John Philip Coghlan sold 3,125 shares at a weighted average price of $77.22 per share.Life360's stock has declined by 40% from its peak in October, with a slight increase of 0.34% today.Life360 (NASDAQ:LIF) is a company known for its family networking app, which helps users stay connected and safe. The app offers location sharing, driving safety features, and emergency assistance. Life360 competes with other family safe ...
Veeva Systems Inc. (NYSE:VEEV) Downgraded Amid Market Challenges
Financial Modeling Prep· 2025-12-12 04:08
Veeva Systems Inc. (NYSE:VEEV) faces a downgrade by KeyBanc to a Sector Weight rating amidst a 22.8% decline over the past month.The stock's underperformance is highlighted against the Zacks S&P 500 composite's slight increase of 0.9%.Despite market downturns, Veeva's market capitalization of approximately $37.72 billion and active trading volume suggest continued investor interest.Veeva Systems Inc. (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences ...
Ardent Health Inc (NYSE: ARDT) Downgraded by KeyBanc Following Earnings Miss
Financial Modeling Prep· 2025-11-17 15:06
Core Insights - Ardent Health Inc has been downgraded from Overweight to Sector Weight by KeyBanc due to disappointing earnings results [1][2] - The company reported a quarterly loss of 17 cents per share, missing the analyst consensus estimate of a profit of 41 cents per share [2] - Despite the earnings miss, quarterly sales reached $1.577 billion, exceeding expectations of $1.547 billion [2] Financial Performance - The FY2025 GAAP EPS guidance was reduced from a range of $1.73-$2.01 to $0.85-$1.03 following the earnings miss [2] - Positive trends were noted, including a 5.8% increase in admissions and a 2.9% rise in adjusted admissions [3] - Total surgeries increased by 1.4%, marking the first positive growth this year [3] - Revenue grew by 9% and adjusted EBITDA surged by 46% [3] Stock Performance - The current stock price for ARDT is $9.01, reflecting a decrease of 3.12% or $0.29 [4] - The stock has fluctuated between a low of $8.85 and a high of $9.35 today [4] - Over the past year, the stock reached a high of $17.34 and a low of $8.85, with a market capitalization of approximately $1.29 billion [4]
Denny's Corporation (NASDAQ:DENN) Financial Developments and Acquisition News
Financial Modeling Prep· 2025-11-04 16:15
Core Insights - Denny's Corporation is currently experiencing significant financial developments, including a price target set by Truist Financial at $6, indicating a potential upside of approximately 46% from its current trading price of $4.11 [1][5] - The company is undergoing a transition to be taken private in a $620 million deal, which values Denny's at $6.25 per share, including debt assumption [3][5] - An investigation by Halper Sadeh LLC is underway to assess the fairness of the proposed sale for Denny's shareholders [4] Market Context - The broader market is facing declines, influenced by Uber's failure to meet Q3 estimates, which has impacted several companies, including Denny's [2] - Despite the market downturn, Denny's stock has seen a 5.12% increase, with a trading range between $3.89 and $4.13, and a market capitalization of approximately $211.7 million [2][5] - The trading volume for Denny's on the NASDAQ exchange is reported at 1,118,310 shares, indicating active investor interest amid these developments [4]
Boeing Downgrade Sinks Stock. Analyst Sees Little Near-Term Progress.
Investors· 2025-10-30 18:36
Group 1 - Boeing stock has been downgraded from a buy to a hold by Deutsche Bank, with the price target reduced from $255 to $240, indicating less growth potential than previously thought [1] - Following the downgrade, Boeing's stock price fell nearly 5% to $203.65, reflecting negative market sentiment [1] - The company is facing worsening prospects, which have contributed to the recent decline in stock value [1] Group 2 - Boeing has reported mixed earnings results, which have led to a slide in its shares despite key wins [4] - The company has secured a $3 billion deal related to Patriot missile technology, which may provide some support to its stock performance [4] - Overall market conditions have been challenging, with the Dow experiencing a decline and small caps lagging behind, impacting Boeing's stock [4]
CSG Systems International, Inc. (NASDAQ: CSGS) Downgraded by RBC Capital Amid Sale Investigation
Financial Modeling Prep· 2025-10-30 03:05
Core Viewpoint - CSG Systems International, Inc. is facing scrutiny regarding its proposed sale to NEC Corporation, which has led to a downgrade in its stock rating and an investigation into the fairness of the transaction for shareholders [2][3][6] Company Overview - CSG Systems International, Inc. provides business support solutions primarily for the communications industry, including services like billing, customer care, and revenue management [1] Stock Performance - CSGS's stock has increased by 14.44%, with a change of $9.93, reaching a high of $79.20, marking its highest price over the past year [4] - The stock's market capitalization is approximately $2.26 billion, with a trading volume of 2,669,233 shares [4] - Over the past year, the stock has experienced a low of $46.17, indicating significant growth [4] Rating Downgrade - On October 29, 2025, RBC Capital downgraded CSGS from an "Outperform" rating to a "Sector Perform" rating, reflecting a more cautious outlook influenced by the ongoing investigation into its proposed sale [2][6] Investigation into Sale - Class Action Attorney Juan Monteverde is investigating the fairness of CSGS's proposed sale to NEC Corporation, where shareholders are set to receive $80.70 in cash per share [3][5] - The investigation aims to determine if the transaction is in the best interest of the shareholders, given the current stock price of $78.68 [5]