Latest news with #SmartInvestorPicks
Business Insider
14 hours ago
- Business
- Business Insider
Centrica downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Centrica (CPYYY) to Neutral from Overweight with a price target of 167 GBp, down from 170 GBp. Shares have outperformed the sector by about 290% since Q3 of 2020, notes the analyst, who now sees a balanced risk/reward following the outperformance. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Business Insider
14 hours ago
- Business
- Business Insider
Oracle upgraded to Buy from Hold at Stifel
Stifel analyst Brad Reback upgraded Oracle (ORCL) to Buy from Hold with a price target of $250, up from $180. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Business Insider
14 hours ago
- Business
- Business Insider
KeyBanc Remains a Buy on Diversified Energy Company (DEC)
KeyBanc analyst Tim Rezvan reiterated a Buy rating on Diversified Energy Company (DEC – Research Report) on June 27 and set a price target of $17.00. The company's shares closed last Friday at p1,098.00. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Rezvan covers the Energy sector, focusing on stocks such as Matador Resources, Diversified Energy Company, and Talos Energy. According to TipRanks, Rezvan has an average return of -9.2% and a 38.27% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Diversified Energy Company with a p1,436.66 average price target, which is a 30.84% upside from current levels. In a report released on June 27, Citi also maintained a Buy rating on the stock with a $16.00 price target. DEC market cap is currently £855.6M and has a P/E ratio of -7.74. Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DEC in relation to earlier this year.
Business Insider
14 hours ago
- Business
- Business Insider
Positive Report for Kratos Defense (KTOS) from Goldman Sachs
Kratos Defense (KTOS – Research Report) received a Buy rating and price target from Goldman Sachs analyst Noah Poponak yesterday. The company's shares closed last Friday at $45.84. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Poponak is a 4-star analyst with an average return of 6.3% and a 51.95% success rate. Poponak covers the Industrials sector, focusing on stocks such as Boeing, Booz Allen, and Bombardier. In addition to Goldman Sachs, Kratos Defense also received a Buy from Truist Financial's Michael Ciarmoli in a report issued on June 27. However, on June 16, J.P. Morgan maintained a Hold rating on Kratos Defense (NASDAQ: KTOS). Based on Kratos Defense's latest earnings release for the quarter ending March 30, the company reported a quarterly revenue of $302.6 million and a net profit of $4.5 million. In comparison, last year the company earned a revenue of $277.2 million and had a net profit of $1.3 million Based on the recent corporate insider activity of 121 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 KTOS in relation to earlier this year. Last month, Boyd Bradley L, a Director at KTOS sold 3,800.00 shares for a total of $132,544.00.
Business Insider
15 hours ago
- Business
- Business Insider
Planet Labs assumed with a Neutral at Goldman Sachs
Goldman Sachs analyst Anthony Valentini assumed coverage of Planet Labs (PL) with a Neutral rating and $4.60 price target Planet has a dominant position in the satellite imaging market, which is still in its infancy, but the company has struggled to hit consensus estimates and encountered longer than expected sales cycles as a result of a more challenging macro environment, the analyst tells investors in a research note. The firm says that while the company has addressed this situation with a restructured salesforce and go-to-market strategy, it is still unknown whether demand is strong enough for Planet Labs to fully scale. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
