Latest news with #CharlesMinervino
Yahoo
10-08-2025
- Business
- Yahoo
Susquehanna Raises Plug Power (PLUG) Target, Maintains Caution on Sector
Plug Power, Inc. (NASDAQ:PLUG) is one of the best battery tech stocks to buy right now. On July 21, The Fly reported that Susquehanna analyst Charles Minervino recently raised the price target for Plug Power, Inc. (NASDAQ:PLUG) from $1.00 to $1.80, but he kept a Neutral rating on the stock. This update came after the firm reviewed its alternative energy estimates ahead of the second-quarter earnings reports. Despite the higher price target, Susquehanna remains cautious about the entire group because of uncertainties related to tariffs and possible changes to subsidy rules under the Inflation Reduction Act. These risks make the market less predictable for companies like Plug Power. The firm prefers businesses that have strong manufacturing bases in the United States and solid backlogs of orders, such as First Solar and GE Vernova. Given Plug Power's current market price of $1.50, the upside potential is limited, with only about 20 percent room to grow. Investors should keep an eye on how policy changes and market conditions develop before making big decisions. Overall, the alternative energy sector faces challenges, but some companies might handle them better due to their structure and order flow. Plug Power is a battery technology company that develops and manufactures hydrogen fuel cells and energy storage solutions that power electric vehicles and industrial equipment, focusing on clean, efficient alternatives to traditional batteries and supporting the shift toward renewable energy. While we acknowledge the potential of PLUG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 10 Best Military Tech Stocks to Buy Now 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
30-07-2025
- Business
- Yahoo
Here Is What Analysts Are Saying About TransDigm Group Incorporated (TDG)
TransDigm Group Incorporated (NYSE:TDG) is among the 10 Best Aerospace Stocks to Buy Now. On July 14, Susquehanna analyst Charles Minervino hiked the stock's price target to $1,600 from $1,300, while maintaining a Neutral rating for its shares. A close up of the hand of a financial analyst, holding a copy of a report from a rating agency. The firm believes that tailwinds in the commercial aerospace and defense industry heading into the second-quarter earnings season are setting the stage for an encouraging outlook for 2025 and beyond. Minervino noted the improvement in production, deliveries, and orders on the commercial front and described it as a favorable development for the overall supply chain. Earlier in the month, on July 11, Truist Securities lifted TransDigm Group Incorporated (NYSE:TDG)'s price target to $1,730 from $1,553 and reiterated a Buy rating for its shares, as part of a broader research note previewing Q2 results for companies in the sector. Analyst Michael Ciarmoli said that commercial aerospace and defense companies should be able to manage the impact from tariffs. He also cited favorable global defense spending and strength in the commercial aerospace aftermarket as important factors behind the latest rating update. On July 2, Keybanc raised TransDigm Group Incorporated (NYSE:TDG)'s price target to $1,700 from $1,500 and maintained an Overweight rating for its shares, citing a robust aftermarket environment and rising demand for defense products worldwide. Overall, Wall Street analysts are bullish on the stock, with a consensus Buy rating and a one-year average share price target of $1,644, representing an upside potential of 2.4% as of the close of business on July 28. While we acknowledge the potential of TDG 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: 13 Best Global Stocks to Buy Right Now and 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds. 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
14-07-2025
- Business
- Yahoo
Nabors Industries (NBR) Gained This Week. Here is Why.
The share price of Nabors Industries Ltd. (NYSE:NBR) surged by 7.43% between July 7 and July 11, 2025, putting it among the Energy Stocks that Gained the Most This Week. A drilling rig on a large oil field, capturing a crucial moment of the extraction process. With operations in approximately 20 countries, Nabors Industries Ltd. (NYSE:NBR) is a leading provider of advanced technology for the energy industry. Nabors Industries Ltd. (NYSE:NBR) continues to surge after Susquehanna analyst Charles Minervino raised the company's price target to $32 from $29, while maintaining a 'Neutral' rating on its shares. It's worth noting that Nabors Industries Ltd. (NYSE:NBR) posted strong results for its Q1 2025, beating estimates in both earnings and revenue. The firm also completed the acquisition of Parker Wellbore in March this year, expanding its market presence and service offerings across key global regions. Despite the recent uptick, the share price of Nabors Industries Ltd. (NYSE:NBR) has fallen by over 43% since the beginning of the year. While we acknowledge the potential of NBR 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 . READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. 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
Business Insider
29-06-2025
- Business
- Business Insider
Now (DNOW) Receives a Hold from Susquehanna
In a report released on June 27, Charles Minervino from Susquehanna maintained a Hold rating on Now (DNOW – Research Report), with a price target of $16.00. The company's shares closed last Friday at $15.83. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Minervino is an analyst with an average return of -0.3% and a 50.46% success rate. Minervino covers the Energy sector, focusing on stocks such as Patterson-UTI, Now, and Baker Hughes Company. Currently, the analyst consensus on Now is a Moderate Buy with an average price target of $17.50.
Yahoo
24-04-2025
- Business
- Yahoo
GE Vernova To Navigate Tariffs, Analyst Sees Forex Gains Offsetting Headwinds
B Of A Securities analyst Andrew Obin revised the estimates upward for GE Vernova Inc. (NYSE:GEV) following the company's first-quarter results reported on Wednesday. The company reported revenue growth of 11% year-over-year to $8.03 billion and +15% organically, beating the consensus of $7.54 billion and EPS of 91 cents, beating the consensus of 53 cents. GE Vernova reaffirms its 2025 financial outlook, projecting revenue of $36-$37 billion versus the consensus of $37.73 billion and a high-single-digit adjusted EBITDA company stated that this guidance accounts for tariffs and inflation, estimated at $300-$400 million, net of mitigating actions. Obin maintained the 2025 adjusted EBITDA estimate at $3.5 billion (up 73% year-over-year), above the consensus estimate of $3.2 billion. The analyst's projection assumes a 6% year-over-year organic revenue growth and a 360 basis point year-over-year margin expansion. The positive performance in the first quarter and a favorable tailwind from foreign exchange are expected to help offset the increased net tariff headwinds of $300-400 million, adds the analyst. For 2026 too, Obin reiterated the adjusted EBITDA estimate at $5.4 billion (up 53% year-over-year), higher than the consensus estimate of $4.5 billion. The analyst reiterated a Buy rating and a price forecast of $485. Other Ratings: Goldman Sachs analyst reiterated a Buy rating and a price target of $500. Susquehanna analyst Charles Minervino maintained Vernova a Positive rating and raised the price forecast from $370 to $399. Baird analyst Ben Kallo kept an Outperform rating and upped the price target from $387 to $405. Price Action: GEV shares closed higher by 7.26% at $360.49 on Thursday. Read Next:Photo by T. Schneider via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article GE Vernova To Navigate Tariffs, Analyst Sees Forex Gains Offsetting Headwinds originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
