Latest news with #BMO Capital
Yahoo
17-07-2025
- Business
- Yahoo
Commercial Metals Insiders Show Mild Optimism Amid Earnings Miss and Board Shift
Commercial Metals Company (NYSE:CMC) is one of the . Amid Hold ratings and mixed price target changes, the company makes changes to the board. A close-up of a worker welding a steel product, showing the precision and craftsmanship. Commercial Metals Company (NYSE:CMC) is a global leader in sustainable steel recycling, manufacturing, and fabrication. The Texas-based company operates electric arc furnace mini‑mills, scrap recycling facilities, and fabrication plants across the United States, Poland, the UK, Central Europe, and Asia. Its client base is comprised of construction‑related markets, including infrastructure, commercial, industrial, and energy projects. Following a decline in profitability, reported in the Q3 2025 earnings results, various analysts maintained a hold rating on Commercial Metals Company (NYSE:CMC). For instance, BMO Capital and UBS reiterated their Hold rating on the stock on June 24, 2025. BMO Capital lowered the target price from $57 to $55. Morgan Stanley, as well, held on to the sentiment and gave the stock a Hold rating. However, the price target was raised to $57.50 from $53. In addition to missed earnings in Q3, the analysts pointed to market headwinds, including the uncertainties caused by tariffs. Amid the mixed sentiment from analysts, Commercial Metals Company (NYSE:CMC) announced changes in the board on July 11, 2023, with the appointment of Dawne Hickton as a Class I director, effective October 14, 2025. Insider transactions saw an uptick of 0.80% in the last six months, reflecting a moderately positive perception from the top executives towards the company's growth prospects. While we acknowledge the potential of CMC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 12 Best MLP Dividend Stocks to Buy According to Analysts Disclosure. None.
Yahoo
17-07-2025
- Business
- Yahoo
BMO Capital Maintains ‘Outperform' Rating on Intuit Inc. (INTU); Raises PT from $820 to $870
With strong hedge fund backing and a positive analyst outlook, Intuit Inc. (NASDAQ:INTU) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now. BMO Capital increased its price target on Intuit Inc. (NASDAQ:INTU) from $820 to $870 on July 11, 2025. Maintaining an 'Outperform' rating, the analyst cited growth potential in the company's TurboTax segment, driven by new tax legislation. One Big Beautiful Bill was signed into law on July 4, 2025, resulting in significant changes to the tax code. Analysts' positive sentiment also follows a strong Q3 for Intuit Inc. (NASDAQ:INTU), where it recorded revenue of $7.8 billion (+15% YoY) and EPS of $11.65 per share (+18%). Meanwhile, TurboTax Live surged 47%. The company's future outlook is further bolstered by its acquisition of Relevvo on June 30, 2025, which will streamline INTU's go-to-market efforts, leveraging intelligent, data-driven customer engagement. The company expects full-year revenue growth of 15% and GAAP EPS growth of up to 27%. Intuit Inc. (NASDAQ:INTU), a U.S.-based business software company, offers AI-powered tax, accounting, and credit products with platforms like TurboTax, QuickBooks, and Credit Karma. While we acknowledge the potential of INTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Billionaire Kerr Neilson's 10 Stock Picks with Huge Upside Potential and Growth Stock Portfolio: 12 Companies with At Least 30% Annual Growth Rates. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-07-2025
- Business
- Yahoo
BMO Capital Maintains ‘Outperform' Rating on Intuit Inc. (INTU); Raises PT from $820 to $870
With strong hedge fund backing and a positive analyst outlook, Intuit Inc. (NASDAQ:INTU) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now. BMO Capital increased its price target on Intuit Inc. (NASDAQ:INTU) from $820 to $870 on July 11, 2025. Maintaining an 'Outperform' rating, the analyst cited growth potential in the company's TurboTax segment, driven by new tax legislation. One Big Beautiful Bill was signed into law on July 4, 2025, resulting in significant changes to the tax code. Analysts' positive sentiment also follows a strong Q3 for Intuit Inc. (NASDAQ:INTU), where it recorded revenue of $7.8 billion (+15% YoY) and EPS of $11.65 per share (+18%). Meanwhile, TurboTax Live surged 47%. The company's future outlook is further bolstered by its acquisition of Relevvo on June 30, 2025, which will streamline INTU's go-to-market efforts, leveraging intelligent, data-driven customer engagement. The company expects full-year revenue growth of 15% and GAAP EPS growth of up to 27%. Intuit Inc. (NASDAQ:INTU), a U.S.-based business software company, offers AI-powered tax, accounting, and credit products with platforms like TurboTax, QuickBooks, and Credit Karma. While we acknowledge the potential of INTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Billionaire Kerr Neilson's 10 Stock Picks with Huge Upside Potential and Growth Stock Portfolio: 12 Companies with At Least 30% Annual Growth Rates. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
