Latest news with #SeaportGlobal
Yahoo
17-05-2025
- Business
- Yahoo
Seaport Global Sees Big AI Potential for Broadcom (AVGO) Stock
Broadcom Inc. (NASDAQ:AVGO) is an American multinational technology company that designs, develops, and supplies a wide range of semiconductor, enterprise software, and security solutions. The company's solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure and it serves the data center, cloud, networking, broadband, wireless, storage, industrial, and enterprise software markets. A technician working at a magnified microscope, developing a new integrated circuit. On April 30, Seaport Global Securities initiated coverage on Broadcom Inc. (NASDAQ:AVGO) by assigning a 'Buy' rating and setting a price target of $230. The firm's analyst believes that the company is in a great position to benefit from the current boom in AI spending and suggested that the market has not yet fully recognized this potential in the stock's price. Broadcom Inc. (NASDAQ:AVGO) has key competitive strengths in the custom silicon market through its networking products and leading intellectual property, especially in SERDES technology. The firm's analysis also highlighted the company's impressive customer base, which includes Google, Apple, and TikTok, as a key advantage. Seaport Global's analyst described Broadcom Inc. (NASDAQ:AVGO) is similar to a public equity investor with a sizable semiconductor portfolio and highlighted the company's status as a top operator in the semiconductor industry. While we acknowledge the potential of AVGO 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 AVGO and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Insider
10-05-2025
- Business
- Business Insider
Republic Services (RSG) Receives a New Rating from Seaport Global
Seaport Global analyst John Mazzoni initiated coverage with a Buy rating on Republic Services (RSG – Research Report) today and set a price target of $270.00. The company's shares closed yesterday at $248.58. Protect Your Portfolio Against Market Uncertainty Mazzoni covers the Industrials sector, focusing on stocks such as GFL Environmental, Republic Services, and Waste Connections. According to TipRanks, Mazzoni has an average return of 26.6% and a 90.00% success rate on recommended stocks. In addition to Seaport Global, Republic Services also received a Buy from Citi's Bryan Burgmeier in a report issued on April 29. However, on April 28, TD Cowen maintained a Hold rating on Republic Services (NYSE: RSG). Based on Republic Services' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.01 billion and a net profit of $495 million. In comparison, last year the company earned a revenue of $3.86 billion and had a net profit of $453.8 million Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RSG in relation to earlier this year. Most recently, in February 2025, Brummer Gregg, the EVP & COO of RSG sold 7,879.00 shares for a total of $1,798,540.12.
Business Insider
10-05-2025
- Business
- Business Insider
Waste Connections (WCN) Initiated with a Buy at Seaport Global
Waste Connections (WCN – Research Report) received a Buy rating and a $220.00 price target from Seaport Global analyst John Mazzoni today. The company's shares closed yesterday at $195.29. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Mazzoni covers the Industrials sector, focusing on stocks such as GFL Environmental, Republic Services, and Waste Connections. According to TipRanks, Mazzoni has an average return of 26.6% and a 90.00% success rate on recommended stocks. In addition to Seaport Global, Waste Connections also received a Buy from Bank of America Securities's Michael Feniger in a report issued on April 25. However, on April 29, Citi maintained a Hold rating on Waste Connections (NYSE: WCN). The company has a one-year high of $201.66 and a one-year low of $160.34. Currently, Waste Connections has an average volume of 1.18M. Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WCN in relation to earlier this year. Most recently, in March 2025, Darrell Chambliss, the EVP & COO of WCN sold 13,566.00 shares for a total of $2,554,477.80.
Business Insider
03-05-2025
- Business
- Business Insider
Williams Co (WMB) Receives a Hold from Seaport Global
In a report released today, Laurie Havener from Seaport Global maintained a Hold rating on Williams Co (WMB – Research Report). The company's shares closed yesterday at $60.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Havener is ranked #1777 out of 9371 analysts. Williams Co has an analyst consensus of Moderate Buy, with a price target consensus of $61.69. WMB market cap is currently $73.24B and has a P/E ratio of 33.02. Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WMB in relation to earlier this year. Most recently, in March 2025, Larry C Larsen, the SVP of WMB sold 8,000.00 shares for a total of $455,520.00.
Business Insider
03-05-2025
- Business
- Business Insider
Dover (DOV) Gets a Buy from Seaport Global
Seaport Global analyst Walter Liptak reiterated a Buy rating on Dover (DOV – Research Report) today and set a price target of $230.00. The company's shares closed yesterday at $173.87. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Liptak is a 4-star analyst with an average return of 4.8% and a 49.10% success rate. Liptak covers the Industrials sector, focusing on stocks such as Dover, Chart Industries, and Worthington Industries. In addition to Seaport Global, Dover also received a Buy from Goldman Sachs's Joe Ritchie in a report issued on April 29. However, on April 28, Wells Fargo maintained a Hold rating on Dover (NYSE: DOV).
