Latest news with #GarikShmois
Business Insider
9 hours ago
- Business
- Business Insider
Advanced Drainage price target lowered to $133 from $143 at Loop Capital
Loop Capital analyst Garik Shmois lowered the firm's price target on Advanced Drainage (WMS) to $133 from $143 but keeps a Buy rating on the shares. The company missed on Q4 EBITDA and guided below expectations as the weak macro is weighing on the outlook, though its view of lower end market demand across most categories also makes sense, the analyst tells investors in a research note. Given that pricing trends appear to be stabilizing and that there's line of sight towards lower raw materials however, the guide should be viewed as establishing a floor for earnings, Loop adds. Confident Investing Starts Here:
Business Insider
3 days ago
- Business
- Business Insider
Loop Capital Markets Remains a Buy on Knife River Corporation (KNF)
In a report released today, Garik Shmois from Loop Capital Markets reiterated a Buy rating on Knife River Corporation (KNF – Research Report), with a price target of $111.00. The company's shares closed yesterday at $94.12. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Shmois is a 5-star analyst with an average return of 13.2% and a 66.67% success rate. Shmois covers the Industrials sector, focusing on stocks such as Owens Corning, Carlisle Companies, and Armstrong World. Knife River Corporation has an analyst consensus of Strong Buy, with a price target consensus of $115.00, which is a 22.18% upside from current levels. In a report released on May 13, Wells Fargo also reiterated a Buy rating on the stock with a $114.00 price target.
