Global Focus Financial News

On Wednesday, Roth/MKM has increased the price target for Bowman Consulting Group Ltd. (NASDAQ: BWMN) to $49, up from the previous target of $45, while reiterating a Buy rating on the shares. The adjustment reflects a positive outlook on the company\'s future EBITDA. The firm\'s analysis suggests a robust funding environment, particularly benefiting Bowman\'s operations...

On Wednesday, BMO Capital adjusted its outlook on Casey\'s General Stores (NASDAQ:CASY), increasing the shares price target to $305 from the previous $290, while keeping a Market Perform rating. The firm highlighted Casey\'s General Stores\' potential for long-term growth, noting the company\'s market share gains in gallons and expanding competitive edge, especially in the prepared...

On Wednesday, Wolfe Research adjusted its price target for Archer Daniels Midland Company (NYSE:ADM), a major player in the agricultural processing and food ingredient sectors. The firm reduced the price target to $74.00 from the previous $82.00 while maintaining an Outperform rating on the company\'s shares. The reassessment came after observing that Archer Daniels Midland\'s...

On Wednesday, Stifel increased its price target for The Beauty Health Company (NASDAQ:SKIN) to $4.00, up from the previous $3.00 on the shares, while maintaining a Hold rating. The adjustment follows The Beauty Health Company\'s fourth-quarter earnings, which showed a revenue of $96.8 million, aligning with Stifel\'s projection of $95.2 million and surpassing the general...

On Wednesday, Stifel demonstrated confidence in Clearpoint Neuro Inc. (NASDAQ:CLPT) by increasing the stock\'s price target to $9.00, up from the previous $8.00, while reaffirming a Buy rating. This adjustment reflects the company\'s strong performance, which includes a 17% growth in top-line revenue and a significant reduction in cash burn for the year 2023. Clearpoint...

On Wednesday, Jefferies adjusted its outlook on International Game Technology (NYSE:IGT), reducing the stock\'s price target to $26.00 from the previous $30.00 while retaining a Hold rating on the shares. The adjustment followed IGT\'s trading activity, which saw a decline during Wednesday\'s session despite a reported 2% beat in Q4 adjusted EBITDA. The reduced price...

On Wednesday, Goldman Sachs initiated coverage on Norwegian Cruise Line Holdings (NYSE:NCLH), assigning a Neutral rating to the company\'s stock with a price target of $19.00. The firm\'s analysis suggests a cautious approach, noting that while the cruise operator has shown significant progress over the past year, the financial guidance for 2024 appears to have...

On Wednesday, Goldman Sachs initiated coverage on Carnival Corporation (NYSE:CCL) with a Buy rating and a price target of $20.00. The investment firm highlighted several factors contributing to Carnival\'s favorable outlook for 2024. Among these are expectations of a conservative guide from the company despite anticipated larger occupancy recovery, particularly due to its higher exposure...

On Wednesday, Goldman Sachs began coverage on shares of Royal Caribbean Cruises (NYSE:RCL), assigning a Buy rating and setting a price target of $162. The firm highlighted the cruise operator\'s superior execution and potential for pricing advantages. Royal Caribbean is currently focused on enhancing its fleet, with plans to introduce several new \"megaships.\" These ships...

On Wednesday, Fidelity National Information Services (NYSE:FIS), a provider of financial services technology, saw its stock rating downgraded by Baird from Outperform to Neutral. The firm simultaneously raised the price target for FIS to $78.00, up from the previous $76.00. The adjustment follows a period of notable performance by FIS stock, which has been highlighted...