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SouthState Bank Corporation (NYSE: SSB) Maintains Strong Position in Financial Sector
Financial Modeling Prep· 2026-01-07 17:00
Core Viewpoint - SouthState Bank Corporation (NYSE: SSB) is recognized as a leading financial institution in the U.S., offering a wide range of banking services and competing effectively in the industry [1] Group 1: Analyst Ratings and Price Targets - Raymond James reaffirmed a "Strong Buy" rating for SouthState Bank and increased its price target from $110 to $115, aligning with a "Moderate Buy" consensus from sixteen research firms [2] - The average one-year price target for SouthState Bank is approximately $115, with Barclays adjusting its target from $125 to $122 while maintaining an "overweight" rating [3] - National Bankshares has set a target price of $127 for SouthState Bank, reflecting strong confidence in its future performance [3] Group 2: Stock Performance and Market Metrics - The current stock price for SSB is $97.12, showing an increase of 1.64% or $1.57, with a trading range today between $95.13 and $97.16 [4] - Over the past year, SSB has experienced a high of $109.64 and a low of $77.74, indicating market volatility [4] - SouthState Bank has a market capitalization of approximately $9.76 billion and a trading volume of 454,916 shares on the NYSE, demonstrating its robust financial standing [5] - Cowen has initiated coverage on SouthState Bank with a "buy" rating, further supporting a positive outlook for the stock [5]
EchoStar Corporation's Strategic Moves and Market Performance
Financial Modeling Prep· 2025-12-23 08:00
EchoStar Corporation (NASDAQ:SATS) has been rated Neutral by Citigroup, with a stock price of $108.88.The company's stock rose by over 1% after Deutsche Bank analyst Bryan Kraft raised the price target to $131, indicating positive momentum.EchoStar's recent sale of wireless spectrum to SpaceX is seen as a significant catalyst for its financial performance and future growth prospects.EchoStar Corporation, trading under the symbol [NASDAQ:SATS], is a global provider of satellite communication solutions. The c ...
These Analysts Slash Their Forecasts On Nike After Q2 Results
Benzinga· 2025-12-19 13:37
Nike Inc. (NYSE:NKE) reported better-than-expected earnings and sales results for the second quarter, but posted a decline in gross margins for the second straight quarter.Nike posted second-quarter revenue of $12.43 billion, beating analyst estimates of $12.22 billion, according to Benzinga Pro. The company reported second-quarter earnings of 53 cents per share, beating analyst estimates of 38 cents per share."Nike is in the middle innings of our comeback. We are making progress in the areas we prioritized ...
These Analysts Increase Their Forecasts On Micron After Better-Than-Expected Q1 Results - Micron Technology (NASDAQ:MU)
Benzinga· 2025-12-18 15:35
Micron Technology Inc. (NASDAQ:MU) reported better-than-expected earnings for the first quarter of fiscal 2026 and issued a strong outlook for the second quarter on Wednesday.Micron reported first-quarter revenue of $13.64 billion, topping analyst estimates of $12.83 billion, according to Benzinga Pro. The chip company posted adjusted earnings of $4.78 per share for the quarter, exceeding analyst estimates of $3.95 per share."In fiscal Q1, Micron delivered record revenue and significant margin expansion at ...
Why Jefferies, Morgan Stanley raised Apple stock price targets
Invezz· 2025-12-17 17:40
Apple received a boost from Wall Street on Wednesday after brokerages Jefferies and Morgan Stanley raised their price targets, pointing to resilient iPhone demand, pricing power and signs of accelerat... ...
These Analysts Increase Their Forecasts On Costco After Better-Than-Expected Q1 Results
Benzinga· 2025-12-12 17:26
Costco Wholesale Corp. (NASDAQ:COST) reported better-than-expected financial results for the first quarter of fiscal 2026 after the bell on Thursday.Costco reported first-quarter revenue of $67.31 billion, beating analyst estimates of $67.14 billion, according to Benzinga Pro. The membership-based retailer reported fourth-quarter adjusted earnings of $4.50 per share, beating estimates of $4.27 per share.Membership fees came in at approximately $1.33 billion, up from $1.17 billion in the prior year’s quarter ...
Exxon Mobil Corporation (NYSE:XOM) Sees Positive Analyst Sentiment and Stock Movement
Financial Modeling Prep· 2025-12-10 18:09
Core Viewpoint - Exxon Mobil Corporation is a leading player in the oil and gas industry, with a recent price target set by Morgan Stanley indicating potential growth [1][6] Group 1: Stock Performance - The stock has shown a 1.8% increase during mid-day trading, following an upgrade by BNP Paribas from a strong sell to a hold [2][6] - Trading volume surged to over 23.7 million shares, marking a 48% increase from the average session volume of approximately 16 million shares, indicating heightened investor interest [3][6] Group 2: Analyst Ratings and Price Targets - Devin McDermott from Morgan Stanley set a price target of $137 for Exxon Mobil, suggesting a potential increase of 15.88% from its current price of $118.23 [1][6] - Mizuho adjusted its target price for Exxon Mobil from $124 to $123 while maintaining a neutral rating [4] - BNP Paribas Exane upgraded Exxon Mobil from underperform to neutral, setting a price objective of $114 [4] Group 3: Market Capitalization and Stock Volatility - Exxon Mobil's market capitalization is approximately $498.6 billion, reflecting its significant presence in the energy sector [5] - The stock has fluctuated between a low of $116.89 and a high of $120.47 today, with a 52-week range of $97.80 to $120.81, indicating volatility and potential for growth [5]
Marvell Technology Analysts Raise Their Forecasts Following Upbeat Q3 Earnings
Benzinga· 2025-12-03 17:19
Core Insights - Marvell Technology Inc. reported better-than-expected earnings for Q3, with adjusted earnings of 76 cents per share, surpassing the analyst estimate of 73 cents [1] - The company's quarterly revenue reached $2.08 billion, exceeding the Street estimate of $2.07 billion and showing a significant increase from $1.52 billion in the same period last year [1][2] - Marvell announced the acquisition of Celestial AI, which is expected to enhance its product offerings [2] Financial Performance - The record third-quarter revenue of $2.075 billion was driven by strong demand for data center products, according to CEO Matt Murphy [2] - Following the earnings announcement, Marvell shares increased by 3.7%, trading at $96.29 [2] Analyst Ratings and Price Targets - Needham analyst N. Quinn Bolton maintained a Buy rating and raised the price target from $95 to $120 [4] - Benchmark analyst Cody Acree also maintained a Buy rating, increasing the price target from $95 to $130 [4] - Multiple analysts, including Rosenblatt, Wells Fargo, Deutsche Bank, and Keybanc, maintained their ratings and raised price targets significantly, with some targets reaching as high as $156 [4]
Nvidia stock: why did Morgan Stanley raise its price target before earnings?
Invezz· 2025-11-14 15:42
Core Viewpoint - Morgan Stanley has increased its price target for Nvidia from $210 to $220 ahead of the company's upcoming earnings report on November 19, indicating strong confidence in Nvidia's performance [1] Group 1 - Morgan Stanley has reaffirmed its bullish stance on Nvidia by raising the price target [1] - The new price target of $220 reflects a positive outlook for Nvidia just days before a significant earnings report [1]
Molson Coors Beverage Company (NYSE:TAP) Price Target and Financial Performance Overview
Financial Modeling Prep· 2025-11-05 21:11
Core Insights - Molson Coors Beverage Company (NYSE:TAP) is a significant player in the beverage industry, competing with major brewers like Anheuser-Busch InBev and Heineken [1] - Evercore ISI has set a new price target of $50 for TAP, indicating a potential upside of 11.93% from the current trading price of $44.68 [5] - The company has shown volatility in its stock price, with a year's high of $64.66 and a low of $42.94, suggesting investment opportunities [5] Financial Performance - The Q3 2025 earnings call featured key executives and attracted analysts from major financial institutions, indicating strong interest in the company's performance [2] - Molson Coors has a market capitalization of approximately $9.01 billion, reflecting its substantial presence in the beverage industry [4] - The current trading volume is 762,271 shares, suggesting active investor interest in TAP [4] Stock Performance - TAP's current trading price is $44.68, reflecting a 2.31% increase with a change of $1.01 [3] - The stock has fluctuated between $43.46 and $45.33 during the trading day, showcasing its volatility [3] - The adjusted price target from Evercore ISI has been revised down from $53 to $50, indicating a more cautious outlook while still suggesting potential growth [4]