Rafe Swan/Cultura via Getty Images Raymond James upgraded Principal Financial (NASDAQ:PFG) to Strong Buy from Market Perform as it sees opportunities for revenue and cash flow generation to accelerate. “Revenue growth could accelerate from solid 4-6% annual gains today, as PFG becomes a one-stop shop for business solutions with emphasisContinue Reading
Robert Way/iStock Editorial via Getty Images Shares of Spirit Airlines (NYSE:SAVE) and Frontier Group Holdings (NASDAQ:ULCC) are both trading with a loss ~2% in premarket trading following a downgrade to both carriers from Raymond James as weaker fare trends and insufficient post summer capacity adjustments remains a medium-term risk forContinue Reading
georgeclerk/E+ via Getty Images Comerica (NYSE:CMA) and First Citizens Bancshares (NASDAQ:FCNCA) were upgraded at Raymond James ahead of the Q2 earnings season. Analysts at the investment bank raised their recommendation on the stocks to Outperform from Market Perform. Raymond James Analyst Michael Rose said about Comerica that “sentiment on theContinue Reading
kynny/iStock via Getty Images Raymond James has downgraded shares of WideOpenWest (NYSE:WOW) to “Underperform” from “Market Perform,” citing a lack of upside from the joint offer made by Crestview Partners and DigitalBridge (DBRG) to buy the broadband provider. Early in May, WideOpenWest (WOW) received a buyout proposal at $4.80 perContinue Reading
Mannatech (NASDAQ:MTEX) announced that it has appointed James Clavijo as Chief Financial Officer, effective July 1. Clavijo has served as CFO for biotech, medical technology, and pharmaceutical companies, including Longeveron, Guided Therapeutics, Aeterna Zentaris, and Tri-source Pharma. MTEX +3.092% after hours to $7.0. Source: Press ReleaseContinue Reading
