Latest news with #LoopCapitalMarkets
Yahoo
2 days ago
- Business
- Yahoo
Loop Capital Markets Reiterated a Buy Rating on AppLovin Corporation (APP), Kept the PT Unchanged
AppLovin Corporation (NASDAQ:APP) is one of the Best Stocks to Invest in for High Returns. On August 1, Rob Sanderson from Loop Capital Markets reiterated a Buy rating on AppLovin Corporation (NASDAQ:APP) with a price target of $650. The reiterated bullish sentiment follows the company's announcement to release its fiscal second quarter results on August 6. AppLovin Corporation (NASDAQ:APP) delivered robust results during its fiscal first quarter of 2025. The revenue reached $1.48 billion after growing 40.25% and surpassed expectations by $101.7 million. Moreover, the EPS of $1.67 also beat expectations by $0.23. A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform. The management is anticipating total advertising revenue for the second quarter to be within the range of $1.195 billion to $1.215 billion. Whereas, the adjusted EBITDA is anticipated between $970 million and $990 million. AppLovin Corporation (NASDAQ:APP) is a marketing technology company that offers software and AI solutions to help businesses reach and grow their global audiences. While we acknowledge the potential of APP 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.
Globe and Mail
26-07-2025
- Business
- Globe and Mail
Analysts Offer Insights on Industrial Goods Companies: Lincoln Electric Holdings (LECO), Pool (POOL) and TransUnion (TRU)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Lincoln Electric Holdings (LECO – Research Report), Pool (POOL – Research Report) and TransUnion (TRU – Research Report). 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. Lincoln Electric Holdings (LECO) Loop Capital Markets analyst Chris Dankert reiterated a Buy rating on Lincoln Electric Holdings today and set a price target of $260.00. The company's shares closed last Thursday at $223.89. According to Dankert is a 5-star analyst with an average return of 15.2% and a 74.4% success rate. Dankert covers the Industrial Goods sector, focusing on stocks such as Applied Industrial Technologies, Atkore International Group, and Emerson Electric Company. ;'> Lincoln Electric Holdings has an analyst consensus of Strong Buy, with a price target consensus of $240.33, which is a 6.7% upside from current levels. In a report issued on July 15, KeyBanc also maintained a Buy rating on the stock with a $250.00 price target. Pool (POOL) Loop Capital Markets analyst Garik Shmois maintained a Hold rating on Pool today and set a price target of $315.00. The company's shares closed last Thursday at $326.34. According to Shmois is a 5-star analyst with an average return of 13.6% and a 66.8% success rate. Shmois covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Sherwin-Williams Company, and Knife River Corporation. ;'> Pool has an analyst consensus of Moderate Buy, with a price target consensus of $324.50, a -5.9% downside from current levels. In a report released today, Stifel Nicolaus also maintained a Hold rating on the stock with a $300.00 price target. TransUnion (TRU) In a report released today, George Tong from Goldman Sachs maintained a Hold rating on TransUnion, with a price target of $102.00. The company's shares closed last Thursday at $98.43. According to Tong is a 4-star analyst with an average return of 7.8% and a 58.7% success rate. Tong covers the Industrial Goods sector, focusing on stocks such as BrightView Holdings, ManpowerGroup, and Korn Ferry. ;'> The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TransUnion with a $113.00 average price target, which is a 14.4% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $95.00 price target.
Yahoo
17-06-2025
- Business
- Yahoo
Loop Capital Markets Maintains a Buy on Seagate Technology (STX) With a $200 Price Target
Seagate Technology Holdings plc (NASDAQ:STX) is one of the . In a report released on June 9, Ananda Baruah from Loop Capital Markets maintained a Buy rating on Seagate Technology Holdings plc (NASDAQ:STX) with a price target of $200.00. The company's fiscal Q3 2025 results showed profitable year-over-year growth and margin expansion, with revenue of $2.16 billion. GAAP diluted EPS for the quarter reached $1.57, while non-GAAP diluted EPS was $1.90. A technician configuring a network-attached storage drive. Seagate Technology Holdings plc (NASDAQ:STX) reduced outstanding debt by $536 million in the quarter, with cash and cash equivalents totaling $814 million by quarter end. It generated $259 million in cash flow from operations and returned $152 million of capital to shareholders through its quarterly dividend. Seagate Technology Holdings plc (NASDAQ:STX) also declared a cash dividend of $0.72 per share. Seagate Technology Holdings plc (NASDAQ:STX) is a holding company that develops, produces, and distributes electronic data storage solutions and data storage products. Its offerings include solid-state hybrid drives, hard disk drives, solid-state drives, serial advanced technology attachment controllers, peripheral component interconnect express cards, and storage subsystems and computing solutions. While we acknowledge the potential of STX 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: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. 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
15-06-2025
- Business
- Yahoo
Loop Capital Raises HPE Price Target to $18 After Strong AI Server Performance
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the 8 cheap beginner stocks to buy right now. Loop Capital Markets revised its financial outlook for Hewlett Packard Enterprise Company (NYSE:HPE) on June 9, maintaining its Hold rating on the company's shares while increasing the price target from $16 to $18. The change was made in response to HP Enterprise's April quarter financial release, which showed a robust server revenue performance. Ken Wolter / With a revenue of $4.1 billion, HP Enterprise's server division recorded a 7% year-over-year gain. Although traditional server volumes declined by 5% on a quarter-over-quarter basis, this growth was somewhat offset by higher average unit pricing. Notably, with a significant increase in the enterprise and sovereign market segments—where enterprise orders made up one-third of the total—HP Enterprise received $1.1 billion in net new orders in the AI server segment. The hybrid cloud market also performed well, as evidenced by the triple-digit annual growth of HP Enterprise's Alletra product line. Given the improvements, Hewlett Packard Enterprise Company (NYSE:HPE) has adjusted its fiscal year 2025 revenue projection, reducing the range of anticipated year-over-year revenue growth from 7–11% to 7-9%. Hewlett Packard Enterprise Company (NYSE:HPE) provides data services globally through its several divisions, including Corporate Investments, Compute, HPC & AI, Storage, Intelligent Edge, and Financial Services. Additionally, the company offers software-defined infrastructure (SDI) solutions to help businesses with software development and deployment, automation, network management, and storage. While we acknowledge the potential of HPE 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 More: and 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
02-06-2025
- 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.
