Latest news with #RaymondJames
Yahoo
2 days ago
- Business
- Yahoo
Marvell price target raised to $70 from $60 at TD Cowen
TD Cowen raised the firm's price target on Marvell (MRVL) to $70 from $60 and keeps a Buy rating on the shares. The firm said an in-line print/guide with strong language on 3nm engagement with Amazon (AMZN), but 'multiple paths' commentary is likely to continue to concern investors who will be hoping for more detail at the June AI webinar. Long-term momentum is there, but lack of 'upside' in a strong spending environment, and inherent limited visibility in custom is likely to keep the stock a battleground. 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 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 MRVL: Disclaimer & DisclosureReport an Issue Marvell price target lowered to $90 from $110 at Raymond James Marvell price target lowered to $90 from $110 at Loop Capital Marvell price target lowered to $85 from $95 at Piper Sandler Marvell Technology: Strong Buy Rating Backed by AI-Driven Growth and Strategic Collaborations Marvell's Promising Growth Prospects and Strategic Engagements Justify Buy Rating
Yahoo
3 days ago
- Business
- Yahoo
Raymond James Lifts Coherent Corp. (COHR)'s Stock Price Target to $96, Maintains Strong Buy Rating
Raymond James analyst Simon Leopold on Wednesday raised Coherent Corp. (NYSE:COHR)'s stock price target to $96 from $91, while maintaining the Strong Buy rating for its shares. The revision followed Coherent Corp. (NYSE:COHR)'s Analyst and Investor Day earlier in the day, in which the company shared its long-term growth targets that surpassed both Raymond James' and the broader market's expectations. A row of precision industrial lasers in action, cutting the most intricate of shapes. Coherent Corp. (NYSE:COHR)'s management outlined its goals, such as aiming for a gross margin greater than 42% and an operating margin above 24%, indicating that by 2028, the company could achieve an EPS of around $8-9, which will be a substantial increase from forecasts of under $4 in fiscal 2025. Considering these ambitious targets, Raymond James lifted the stock's target price to account for the anticipated gross margin expansion and growth in the industrial laser sector. Moreover, on May 7, Coherent Corp. (NYSE: COHR) reported impressive results for the third quarter of fiscal 2025, with revenue increasing 24% year-over-year to $1.5 billion, driven by strong demand for AI-related data centers. Earnings per share were posted at $0.91, beating estimates by five cents. While we acknowledge the potential of COHR 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 AI stock that is more promising than COHR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: ChatGPT Stock Advice: Top 12 Stock Recommendations and 10 Cheap Rising Stocks to Buy Right Now. Disclosure: None.
Yahoo
4 days ago
- Business
- Yahoo
Lisa Detanna Named to Barron's 2025 List of Top 100 Financial Advisors
BEVERLY HILLS, Calif., May 29, 2025--(BUSINESS WIRE)--The Global Wealth Solutions Group of Raymond James is proud to announce that Lisa Detanna, Private Wealth Advisor and Managing Director, has been named to Barron's prestigious 2025 Top 100 Financial Advisors list. The list, which recognizes top advisors across the country, was released online May 9, 2025. This recognition reflects Lisa's decades-long commitment to delivering personalized, objective, and forward-thinking financial guidance to clients nationwide. "I'm honored to be recognized by Barron's alongside so many outstanding advisors," said Detanna. "This recognition is a testament to the trust our clients place in us and the exceptional dedication of our entire team at the Global Wealth Solutions Group." Published annually, Barron's Top 100 Financial Advisors list highlights the most accomplished wealth managers in the United States. Rankings are based on a range of criteria, including assets under management, revenue produced, regulatory record, and overall quality of practice. Lisa's inclusion in this elite group underscores her leadership in the industry and her unwavering focus on client success. With a career spanning more than 30 years, Lisa Detanna has become a trusted advisor to family offices, multigenerational families, and high-net-worth individuals. Her passion lies in helping clients uncover what matters most to them, facilitating meaningful conversations around inheritance, estate planning, and financial education. Her goal is to foster greater harmony, clarity, and confidence in her clients' financial lives. To reach Detanna or her team The Global Wealth Solutions Group of Raymond James, located at 9595 Wilshire Blvd, Suite 801, Beverly Hills CA 90212, for more information call 310-285-4506 or visit website at About Raymond James Raymond James Financial, Inc. (our parent company), (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations, and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.45 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at © 2025 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. 2025 Barron's Top 100 Financial Advisors Barron's is a registered trademark of Dow Jones & Company, L.P. All rights reserved. The rankings are based on data provided by 1,402 individual advisors and their firms and include qualitative and quantitative criteria. Data points that relate to quality of practice include professionals with a minimum of 7 years financial services experience, acceptable compliance records (no criminal U4 issues), client retention reports, charitable and philanthropic work, quality of practice, designations held, offering services beyond investments offered including estates and trusts, and more. Financial Advisors are quantitatively rated based on varying types of revenues produced and assets under management by the financial professional, with weightings associated for each. Investment performance is not an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients' risk tolerance than by an advisor's investment picking abilities. This ranking is based upon the period from 1/1/24 to 12/31/24 and was released 5/9/2025. 100 advisors won. This ranking is not based in any way on the individual's abilities in regard to providing investment advice or management. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Barron's is not affiliated with Raymond James. View source version on Contacts Media Contact: Tara Detanna-Rogers, 310-285-4533
Business Wire
4 days ago
- Business
- Business Wire
Lisa Detanna Named to Barron's 2025 List of Top 100 Financial Advisors
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--The Global Wealth Solutions Group of Raymond James is proud to announce that Lisa Detanna, Private Wealth Advisor and Managing Director, has been named to Barron's prestigious 2025 Top 100 Financial Advisors list. The list, which recognizes top advisors across the country, was released online May 9, 2025. This recognition reflects Lisa's decades-long commitment to delivering personalized, objective, and forward-thinking financial guidance to clients nationwide. 'I'm honored to be recognized by Barron's alongside so many outstanding advisors,' said Detanna. 'This recognition is a testament to the trust our clients place in us and the exceptional dedication of our entire team at the Global Wealth Solutions Group.' Published annually, Barron's Top 100 Financial Advisors list highlights the most accomplished wealth managers in the United States. Rankings are based on a range of criteria, including assets under management, revenue produced, regulatory record, and overall quality of practice. Lisa's inclusion in this elite group underscores her leadership in the industry and her unwavering focus on client success. With a career spanning more than 30 years, Lisa Detanna has become a trusted advisor to family offices, multigenerational families, and high-net-worth individuals. Her passion lies in helping clients uncover what matters most to them, facilitating meaningful conversations around inheritance, estate planning, and financial education. Her goal is to foster greater harmony, clarity, and confidence in her clients' financial lives. To reach Detanna or her team The Global Wealth Solutions Group of Raymond James, located at 9595 Wilshire Blvd, Suite 801, Beverly Hills CA 90212, for more information call 310-285-4506 or visit website at About Raymond James Raymond James Financial, Inc. (our parent company), (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations, and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.45 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at © 2025 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. 2025 Barron's Top 100 Financial Advisors Barron's is a registered trademark of Dow Jones & Company, L.P. All rights reserved. The rankings are based on data provided by 1,402 individual advisors and their firms and include qualitative and quantitative criteria. Data points that relate to quality of practice include professionals with a minimum of 7 years financial services experience, acceptable compliance records (no criminal U4 issues), client retention reports, charitable and philanthropic work, quality of practice, designations held, offering services beyond investments offered including estates and trusts, and more. Financial Advisors are quantitatively rated based on varying types of revenues produced and assets under management by the financial professional, with weightings associated for each. Investment performance is not an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients' risk tolerance than by an advisor's investment picking abilities. This ranking is based upon the period from 1/1/24 to 12/31/24 and was released 5/9/2025. 100 advisors won. This ranking is not based in any way on the individual's abilities in regard to providing investment advice or management. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Barron's is not affiliated with Raymond James.
Business Insider
4 days ago
- Business
- Business Insider
TMX Group initiated with an Outperform at Raymond James
Raymond James initiated coverage of TMX Group (TMXXF) with an Outperform rating and C$59 price target 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 Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
