Latest news with #Buy rating
Yahoo
5 hours ago
- Business
- Yahoo
Argus cuts Arthur J. Gallagher target, sees buying opportunity on selloff
Argus lowered the firm's price target on Arthur J. Gallagher (AJG) to $330 from $370 and keeps a Buy rating on the shares following the Q2 report. The views the recent pullback in the shares as a buying opportunity. Argus expects organic growth of more than 9% in the company's brokerage unit in 2025, compared to its forecast of 6%-8%. The company has 40 term sheets signed or being prepared, representing approximately $500M of annualized revenue, the analyst tells investors in a research note. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on AJG: Disclaimer & DisclosureReport an Issue Arthur J. Gallagher acquires MACK Insurance Services; terms not disclosed Arthur J. Gallagher acquires Novi for undisclosed amount Arthur J. Gallagher price target lowered to $322 from $345 at UBS Arthur J. Gallagher Reports Strong Earnings and Growth Arthur J. Gallagher price target lowered to $352 from $372 at Piper Sandler 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
6 hours ago
- Business
- Yahoo
DraftKings price target raised to $55 from $45 at Argus
Argus raised the firm's price target on DraftKings (DKNG) to $55 from $45 and keeps a Buy rating on the shares. The firm we expects revenue to increase to $6.5B in 2025, driven by the legalization of online sports betting in additional states. The firm also sees tailwinds from market-share gains and greater customer retention and believes that declining customer acquisition costs 'bode well for the company's long-term growth.' Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on DKNG: Disclaimer & DisclosureReport an Issue 3 Strong Buy-Rated Stocks with a 'Perfect 10' Smart Score Cathie Wood Makes a $69M Bet on Exact Sciences; Sells Palantir, Roblox, and DraftKings DraftKings price target raised to $64 from $60 at Susquehanna DraftKings price target raised to $53 from $51 at BTIG DraftKings price target raised to $47 from $37 at Deutsche Bank 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
6 hours ago
- Business
- Yahoo
J.P. Morgan Maintains a Buy Rating on Newell Brands (NWL), Sets a $7 PT
Newell Brands Inc. (NYSE:NWL) is one of the best undervalued defensive stocks to buy according to analysts. In a report released on August 1, Andrea Faria Teixeira from J.P. Morgan maintained a Buy rating on Newell Brands Inc. (NYSE:NWL) with a price target of $7.00. A technician inspecting a commercial kitchen appliance in a factory line. The analyst told investors in a research note that, despite the recent guidance cut, they believe that the worst is possibly behind Newell Brands Inc. (NYSE:NWL) and the current market opportunity presents a buying opportunity. Teixeira added that Newell Brands Inc. (NYSE:NWL) has exhibited resilience by expanding margins in seven consecutive quarters, driven by a focus on operating expense rationalization and cost-cutting measures. Newell Brands, Inc. (NYSE:NWL) is a global consumer goods company that manufactures, markets, and sells consumer and commercial products. Its Home and Commercial Solutions segment offers commercial cleaning and maintenance solutions, hygiene systems, garage and closet organization products, and others. While we acknowledge the potential of NWL 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
a day ago
- Business
- Yahoo
Davidson Lowered the Firm's PT on Funko (FNKO), Kept a Buy Rating
Funko, Inc. (NASDAQ:FNKO) is one of the . On August 8, D.A. Davidson analyst Keegan Cox lowered the firm's price target on Funko, Inc. (NASDAQ:FNKO) from $7 to $5, while maintaining a Buy rating on the stock. The analyst maintained a Buy rating on the stock, noting the return of Michael Lunsford as Interim CEO, which is positive news for the company. He noted that Lunsford has experience in handling restructuring, which indicated that the company might explore strategic alternatives or continue restructuring. Cox believes that steps could position the company for future growth. A wide view of an aisle in a specialty retailer, filled with licensed pop culture products, vinyls and action figures. Despite this positive news, Cox lowered the firm's price target on Funko, Inc. (NASDAQ:FNKO) due to softer second-quarter results for 2025. During the quarter, the company's net sales dropped from $247.7 million to $193.5 million. Moreover, the gross profit also fell to $62.0 million, with a lower gross margin of 32.1% versus 42.0% a year ago. Management noted that this was due to uncertainty coming from tariffs. The company expects the financial position to improve during the second half of the year; however, net sales are expected to be down by high single-digits compared to the second half of 2024. Funko, Inc. (NASDAQ:FNKO) is a pop culture lifestyle brand that sells licensed consumer products featuring characters from movies, TV shows, video games, music, and sports. While we acknowledge the potential of FNKO 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 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
6 days ago
- Business
- Yahoo
Citi ups Syndax target, opens ‘upside catalyst watch'
Citi analyst Yigal Nochomovitz raised the firm's price target on Syndax (SNDX) to $51 from $46 and keeps a Buy rating on the shares. The firm also added a positive 'upside catalyst watch' on Syndax ahead of the PDUFA deadline in relapsed or refractory NPM1-mutated acute myeloid leukemia of October 25. Q2 revenue of about $38M beat the firm's estimates by greater than 70% and Visible Alpha consensus by about 45%, driven by growth for Revuforj and Niktimvo, the analyst added. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on SNDX: Disclaimer & DisclosureReport an Issue Syndax price target raised to $56 from $43 at BTIG Syndax Pharmaceuticals Reports Strong Q2 2025 Growth Syndax Pharmaceuticals: Strong Performance and Growth Potential Justify Buy Rating Syndax reports Q2 EPS (83c), consensus ($1.01) Syndax options imply 9.0% move in share price post-earnings
