Latest news with #RobertW.Baird
Business Insider
27-05-2025
- Business
- Business Insider
Analysts Offer Insights on Technology Companies: SentinelOne (S) and Wisetech Global (OtherWTCHF)
There's a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SentinelOne (S – Research Report) and Wisetech Global (WTCHF – Research Report) with bullish sentiments. Confident Investing Starts Here: SentinelOne (S) Robert W. Baird analyst Shrenik Kothari maintained a Buy rating on SentinelOne yesterday and set a price target of $26.00. The company's shares closed last Friday at $19.76. According to Kothari is a top 100 analyst with an average return of 28.0% and a 76.9% success rate. Kothari covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software. Currently, the analyst consensus on SentinelOne is a Strong Buy with an average price target of $24.52, a 25.6% upside from current levels. In a report issued on May 20, Guggenheim also maintained a Buy rating on the stock with a $28.00 price target. Wisetech Global (WTCHF) UBS analyst Lucy Huang maintained a Buy rating on Wisetech Global today and set a price target of A$145.00. The company's shares closed last Thursday at $63.30. According to Huang is ranked #2238 out of 9562 analysts. Wisetech Global has an analyst consensus of Strong Buy, with a price target consensus of $79.15, which is a 25.2% upside from current levels. In a report issued on May 13, CLSA also maintained a Buy rating on the stock with a A$124.00 price target.
Yahoo
22-05-2025
- Business
- Yahoo
Robert W. Baird Maintains a Buy Rating on Analog Devices (ADI) After Q2 Report
On May 22, Tristan Gerra of Robert W. Baird maintained a Buy rating on Analog Devices, Inc. (NASDAQ:ADI) with a price target of $250, after the company reported its fiscal second-quarter results for 2025. A technician working on power management in a semiconductor factory. Analog Devices, Inc. (NASDAQ:ADI) grew revenue by 22% year-over-year to $2.6 billion, whereas the adjusted EPS soared 32% year-over-year to $1.85. Both indicators topped analysts' expectations, with revenue surpassing expectations by $134.02 million and EPS ahead of the consensus by $0.15. Chair and CEO Vincent Roche noted: 'ADI delivered second-quarter revenue and earnings per share above the high end of guidance. Against a backdrop of global trade volatility, our performance reflects the ongoing cyclical recovery and the strength and resiliency of our business model' Analog Devices, Inc. (NASDAQ:ADI) experienced increased bookings throughout the second quarter, thereby growing its backlog. As a result, for the third quarter, the company expects $2.75 billion in revenue, against a consensus of $2.6 billion, and EPS of $1.92 versus a consensus of $1.82. Gerra believes the company is well positioned with its product specifications and performance of its Automotive and Industrial segments, thus anticipating Analog Devices, Inc. (NASDAQ:ADI) to achieve its growth targets. While we acknowledge the potential of ADI 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 ADI and that has 100x upside potential, check out our report about the . READ NEXT: 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
Hindustan Times
02-05-2025
- Business
- Hindustan Times
Junior banker made to work 110-hours every week, diagnosed with failed pancreas
An investment bank in the United States forced junior employees to work about 110 hours every week, resulting in at least two people being hospitalised, including one who was diagnosed with a failed pancreas, according to a report in the Wall Street Journal. The allegations stem from within the industrials group at Robert W. Baird, a Milwaukee-based financial services firm known for its low-profile culture. However, behind the scenes, working for more than 110 hours a week was not unusual, former employees of the firm said, adding that managers would regularly get exemptions for the firm's required Saturdays off. More than a dozen junior team members at the firm have left since the start of 2024, including several this year, the Wall Street Journal reported, citing people familiar with the team. Two people ended up going to the hospital after long stretches of work, including one who had raised concerns with human resources that the workload was unsustainable. The banker was subsequently diagnosed with a failed pancreas after collapsing at home from exhaustion. He was later fired because of poor productivity, not long after he had make a second visit to the emergency room. Doctors linked his condition to extreme overwork. One other former analyst recalled spending a year on a single drawn-out deal, often pulling all-nighters to prepare pitch materials. But one evening, when he left his desk for 25 minutes to get dinner, his infuriated manager told him not to step away for more than five minutes without notice. The situation at Baird came under intense public scrutiny earlier this month after a post detailing the group's conditions went viral on Wall Street Oasis, a popular online forum for finance professionals. The anonymous author wrote that junior staff were 'treated as scum,' prompting hundreds of comments from users who shared similar experiences at Baird and other firms, according to the report. In response, senior leaders held a town hall and urged junior staff to voice their concerns. While some said they appreciated the gesture, others felt little would change. In recent years, two junior bankers – Carter McIntosh of Jefferies and former Bank of America analyst Leo Lukenas – died after they were made to work as much as 100 hours per week, according to the New York Post.
Economic Times
01-05-2025
- Business
- Economic Times
How dream job at bank ended in pancreatic failure for employee: 'Was treated like scum'
iStock A group of junior employees at Robert W. Baird, a Milwaukee-based investment bank, have alleged that they were forced to work gruelling 110-hour weeks, leading to at least two hospitalisations. A group of junior employees at Robert W. Baird, a Milwaukee-based investment bank, have alleged that they were forced to work gruelling 110-hour weeks, leading to at least two hospitalisations. One employee was reportedly diagnosed with a failed pancreas, according to a Wall Street Journal junior bankers claimed they were made to work 20-hour days and even faced reprimand for taking breaks after working all night. 'As an analyst and associate, you are treated as scum,' wrote one anonymous employee on Wall Street Oasis, a message board frequented by finance professionals. The post went viral earlier this month, prompting hundreds of others to share similar stories of mistreatment. Two former employees from Baird's industrials team were reportedly hospitalised due to the intense workload. One of them had already raised concerns with HR before falling ill. In a severe case, a banker suffered pancreas failure, a condition doctors linked directly to the long working hours. After a second hospitalisation, the same employee was fired for what the bank allegedly termed 'low productivity.'The report comes amid wider concerns over the harsh working conditions faced by young professionals on Wall Street. In recent years, at least two junior bankers, Carter McIntosh of Jefferies and former Bank of America analyst Leo Lukenas, died after reportedly working close to 100 hours a week. McIntosh died of a suspected drug overdose, while Lukenas reportedly succumbed to a blood clot. Lukenas' death led several banks to introduce tighter regulations, such as hour caps and mandatory time Baird, some employees recalled being scolded for taking even short breaks. One former analyst said his manager was angered after he briefly stepped away from his desk following an all-nighter. The manager had told him not to leave for more than five minutes without prior the viral Wall Street Oasis post, the management of the industrials team held a town hall meeting, asking junior staff to speak up about their concerns. However, former employees alleged that managers continued to violate the 80-hour workweek cap that was supposedly in turning point came during a team meeting in Chicago last year, which was initially thought to be a celebratory pizza gathering after several deals were closed. The tone shifted when managers told the junior staff that they needed to be more efficient — despite already working extensive some current junior bankers said the work culture was standard for the industry, others feared speaking up. Former employees said they worried about being seen as weak or being compared to senior staff who would often cite even harsher experiences from their early viral discussions also named Aaron Haney, a mid-level banker, as someone who regularly handed out demanding assignments. Haney was terminated after the posts gained attention, though colleagues described him as both hard-working and well-liked.
Mint
01-05-2025
- Business
- Mint
Pizza party or warning? Bankers working 110-hour weeks asked to ‘do better'
At Robert W. Baird, a group of junior bankers worked till 4 am for many weeks. One day, the multinational independent investment firm called for a pizza party in Chicago. Many thought it was to thank them. But, the company had other plans. Managers told them they needed to do better. When some bankers complained about long hours, they were told to work smarter. According to The Wall Street Journal, Former staff said 110-hour weeks were common. Managers often broke the rules, including skipping required Saturdays off. A banker at Robert W. Baird earlier complained to HR about working 20 hours daily. Soon after, he collapsed at home, and doctors found his pancreas had failed, likely due to overwork. He was later fired for poor performance. On Wall Street Oasis, posts went viral about a mid-level banker who made juniors work 20-hour shifts. That banker, Aaron Haney, was sacked in April. People who worked with him said he was popular and also worked long hours himself. A former analyst at Baird told the publication that he once worked on a deal for a year, often overnight. One evening, he stepped out for dinner. Then, his boss got angry for not informing him. Since early 2024, over a dozen junior staff have quit Baird's team, some recently. Two went to hospital after working long hours. One even told HR that the pressure was too much. Infosys founder Narayana Murthy once suggested a 70-hour work week. L&T Chairman supported 90-hour weeks. Now, Elon Musk has praised DOGE workers for working 120 hours. However, the sentiment is different among Indian employees. In big cities like Bengaluru, Delhi, and Mumbai, 90% of people feel 12-hour work days are impractical. They blame the long travel time, which takes around two to three hours every day. First Published: 1 May 2025, 04:24 PM IST
