JHVEPhoto/iStock Editorial via Getty Images Argus has upgraded Teva (NYSE:TEVA) to buy, citing valuation and the approval of several new products. “After several years of challenges, Teva appears to have steadied its ship, launching a range of new drugs and achieving margin growth across all of its three primary businessContinue Reading
The stock rose 1.28% to $87.73 during midday trading. The stock had lost 8.84% in value in the last 12 months. The research firm said that it was raising its EPS expectations from $3.24 to $3.54 for 2024 and from $4.10 to $4.60 for 2025. Vertical also raised its priceContinue Reading
Assured Guaranty stock (NYSE:AGO) rose 3.78% after brokerage firm KBW upgraded it to Outperform from Market perform, citing that the company’s valuation at 0.70x year-end book looks very compelling. The stock was trading at $79.60 in the morning on Tuesday. AGO had risen 41.16% in the last 12 months. TheContinue Reading
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
Dubai, United Arab Emirates, July 9th, 2024, Chainwire Bybit, the world’s second-largest web3 platform by trading volume, is taking its partnership with Beach, Please! – Romania’s biggest hip-hop festival – by offering a range of exclusive perks for festival-goers, further connecting music fans with the exciting world of crypto. BuildingContinue Reading
sharrocks/iStock Unreleased via Getty Images UBS said PNC Financial (NYSE:PNC) appears better positioned to benefit from an improvement in demand, as it awaits the return to broader loan growth during the second half of the year. The brokerage upgraded PNC to Buy from Neutral on Monday and set a PTContinue Reading
Justin Sullivan/Getty Images News Charles Schwab (NYSE:SCHW) stock advanced 1.5% in Monday morning trading after Keefe, Bruyette & Woods upgraded the online brokerage to Outperform from Market Perform, owing to potentially robust earnings growth in the 2026-2030 period. “With greater confidence in a path forward from here, and with theContinue Reading
sasacvetkovic33/E+ via Getty Images Permian Resources (NYSE:PR) +1.8% in Wednesday’s trading as BMO Capital upgraded shares to Outperform from Market Perform with a $21 price target, citing its increased Delaware footprint, plus strong operational and M&A track record, which should support continued organic and inorganic growth plus competitive capital returns.Continue Reading
Rafe Swan/Cultura via Getty Images J.P. Morgan upgraded Principal Financial Group (NASDAQ:PFG) from Underweight to Neutral on favorable macro backdrop. “PFG has a superior business mix that carries less tail risk and will generate a higher ROE and better free cash flow than other life insurers,” the analysts said. TheContinue Reading
Sean Gallup/Getty Images News PayPal Holdings (NASDAQ:PYPL) rose after Susquehanna Financial upgraded the payments company on the back of an estimated profitable growth. The stock was trading +1.37% Tuesday pre-market at $58.60. Analyst James Friedman raised his recommendation on the stock to Positive from Neutral, with a price target ofContinue Reading
