Latest news with #Stephens
Yahoo
2 days ago
- Business
- Yahoo
Rockwell Stock Rises as Wall Street Firms Raise Price Targets
BofA Securities analyst Andrew Obin and Stephens analyst Tommy Moll both feel better about the outlook these days.
Business Insider
2 days ago
- Business
- Business Insider
Stephens Sticks to Their Buy Rating for Truist Financial (TFC)
Stephens analyst Terry McEvoy maintained a Buy rating on Truist Financial yesterday and set a price target of $49.00. The company's shares closed yesterday at $44.25. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, McEvoy is a 4-star analyst with an average return of 7.7% and a 61.09% success rate. McEvoy covers the Financial sector, focusing on stocks such as Truist Financial, Regions Financial, and Associated Banc-Corp. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Truist Financial with a $47.07 average price target, implying a 6.37% upside from current levels. In a report released on July 13, Bank of America Securities also maintained a Buy rating on the stock with a $50.00 price target. The company has a one-year high of $49.06 and a one-year low of $33.56. Currently, Truist Financial has an average volume of 7.89M.
CNBC
3 days ago
- Business
- CNBC
Here are Friday's biggest analyst calls: Nvidia, Apple, Dell, Tesla, Netflix, Microsoft, Snowflake, Chipotle, Micron & more
Here are Friday's biggest calls on Wall Street: Stephens initiates Snowflake as overweight Stephens said Snowflake is best-in-class. "Long-term growth visibility which has traditionally been the replacement of legacy databases is now being augmented as faster product development has launched key new products w/large TAMs that have yet to contribute to the growth rate, in our view." Evercore ISI upgrades Citizens Financials to outperform from in line Evercore said shares of the banking company are compelling following earnings. "We are upgrading CFG to Outperform from In Line as we expect strengthening B/S [balance sheet] trends, favorable NIM [net interest margin] dynamics, fee income upside, and positive operating leverage to drive steady improvement in CFG's earnings trajectory and L/T returns." Mizuho reiterates Micron as buy Mizuho said it sees a slew of positive catalysts and that investors should buy the weakness. "We would be buyers on MU on the pullback..." Bank of America reiterates Alphabet as buy Bank of America raised its price target on Alphabet ahead of earnings on July 23 to $210 per share from $20. "Expecting strong results, above Street for 2Q." Citi downgrades Barclays to neutral from buy Citi said it sees more balanced risk/reward. "Barclays shares are +125% since end-2023 and now trade on 0.9x P/TB for a target > 12% RoTE next year. While this target appears feasible (we model ~12%), we believe the risk-reward is now more evenly balanced.." Rosenblatt initiates SentinelOne as buy Rosenblatt said the cyber security company is "significantly undervalued." "We are initiating coverage on SentinelOne (NYSE: S) with a Buy rating and a $24 Price Target." Morgan Stanley reiterates Netflix as overweight Morgan Stanley raised its price target on the stock to $1,500 per share from $1,450. "Importantly, newly deployed ad tech appears poised to deliver a roughly doubling of ad revs in '25. Netflix's early but growing use of GenAI tools to power content and product innovation further reinforces our bullish view." Read more. Deutsche Bank reiterates Microsoft as buy Deutsche raised its price target on the stock to $550 per share from $500. " Microsoft shares have significantly outperformed since the company reported much better-than-expected F3Q Azure results in April and seem well supported heading into what we anticipate will be strong F4Q results on July 30th." Jefferies upgrades Abbott Labs to buy from hold Jefferies said investors should buy the dip following earnings. "While ABT's 2Q/guide update was underwhelming, we view the stock rxn as too punitive and are taking advantage of the pullback, upgrading ABT to Buy." KeyBanc upgrades Materion Corporation to overweight from sector weight KeyBanc said it sees an attractive risk/reward for the engineered materials company. "Following our recent analysis, we are upgrading shares of Materion Corporation (MTRN) to Overweight from Sector Weight with a $112 price target, representing > 20% upside." Deutsche Bank adds a catalyst call buy on DuPont Deutsche said it's bullish ahead of earnings in early August. "We are adding DuPont as a Catalyst Call Buy as we believe the upcoming Q2 release would be a catalyst for the shares as it will mark DuPont's last quarterly earnings release prior to the spin-off of its Electronics business (Qnity) on November 1." JPMorgan reiterates Nvidia as overweight The firm said Nvidia remains a top pick heading into earnings next month. "AI/accelerated compute demand remains positioned to weather a potential trade/tariff challenging macro environment...13-15% EPS upside to outyear estimates on resumption of China shipments for AMD/ Nvidia. " JPMorgan reiterates Roku as overweight JPMorgan raised its price target to $100 per share from $85. "We believe Roku is well positioned to deliver a beat/raise qtr, with ad spend largely stable in 2Q and China tariff de-escalation." BMO upgrades Chipotle to outperform from market perform BMO said comps have begun to accelerate. "We believe CMG is well positioned for accelerating comp growth and improving margin trajectory beginning in 2H25, and view favorably its strong US-heavy store growth that has room to accelerate towards 10% over time." Evercore ISI reiterates Apple as outperform Evercore said it's sticking with the stock ahead of earnings on July 31. "Finally, AAPL we expect to see strength in June-qtr driven by better iPhone demand though focus will be on services and gross-margins." Bank of America reiterates Dell as buy The firm raised its price target on the stock to $165 per share from $155. "We expect IT Hardware companies like DELL to benefit from the growth of enterprise /sovereign AI over the next decade." Deutsche Bank reiterates Tesla as buy Deutsche said it's sticking with the stock heading into earnings on July 23. "Long term, our view continues to be that Tesla is well positioned as a technology platform to leverage end-to-end AI into a leading position in autonomous driving and humanoid robotics."
The Advertiser
4 days ago
- The Advertiser
'It wouldn't be survivable': pilot presumed dead in Snowy Mountains crash
While police haven't yet formally identified the body of the pilot who went missing on a flight over the Snowy Mountains, police sources said the crash was 'unsurvivable'. In a recent press conference, Riverina Police District Commander, Superintendent Andrew Spliet said the force of the impact of the aircraft was significant. "You wouldn't recognise it as an aeroplane," he said. "There was obviously a fair bit of speed into the mountain range, which has completely destroyed that aircraft, and it wouldn't be a survivable collision." A recovery operation was underway, with crime scene investigators winched onto the site. "We've got investigators, as well as crime scene, attending that site, to clarify the cause of the collision and also see if we can identify the pilot," Mr Spliet said. Conditions on the mountain have continued to frustrate the search and recovery operation. "It was very difficult to get to," he said. "There was a lot of very steep, overgrown terrain, so it was difficult to locate initially, but when weather conditions cleared, we were able to get those air assets over the coordinates." The pilot, widely believed to be Brogo resident David Stephens, was flying his beloved plane when he went missing on Tuesday afternoon. In the days before his disappearance, Mr Stephens flew from Moruya Airport to Frogs Hollow on the Far South Coast, and then from the Bega Valley-based airstrip to Wangaratta, a city northeast of Victoria. But on Tuesday, July 15, at 4.35pm, NSW Police said emergency services were notified of a possible plane crash near Dargals Trail in the Snowy Valleys. His partner, Lynda Leigh, said in a statement on Thursday to Bega District News that the mountain weather could turn very quickly. "We have to assume he must have seen a way over the mountain to decide not to turn back to Wangaratta," she said. "David has quite a bit of experience flying the plane, but we can't know what situation he was facing. "We'll only have answers once they locate the plane and, with that, David." Ms Leigh thanked the outpouring of hope and support from the community and the emergency services who searched for David in heavy fog, snow, heavy vegetation and horrendous terrain. President of the Frogs Hollow Flyers, Tony Rettke, said Mr Stephens was an honest man and that he had drafted him as secretary to the club in recognition of his broad experience. "I pulled him onto the committee because he was a member, and I could tell he had a lot to contribute to being a wise person and a flyer for many years," he said. "He did his job well and had only been doing it for about six months, and had a major role in a recent fly-in with 25 aircraft coming to camp." Besides being the immensely proud pilot of "Deb", his 1966 Debonair, David Stephens had a long history of drifting on dirt trails. His partner said Mr Stephens earned his pilot's licence before he began driving in the 1960s. As well as Frogs Hollow Flyer, Mr Stephens was a well-known and respected rally sport competitor and a dedicated committee member for various motorsport clubs across the Far South Coast. "If he wasn't competing, he'll be volunteering as an official in all capacities for the ACT and NSW rally series, and, in turn, the Australian Rally Championships," Ms Leigh said. In 2017, Ms Leigh told Bega District News that David competed on the famous Upper Cobargo and Buckajo Roads since the 70s and often hoped she would get a chance to drive the Bega Rally herself. "I really enjoyed watching the Rally of Canberra since I moved there from Sydney in the 90s, but never did I think for a moment I'd compete or own my own rally car," she said. "David takes his rallying seriously and I was honoured to be asked to be his co-driver - in my first year in the 'silly seat', we won the 2015 NSW Pace note series, which wasn't a bad start!" While police haven't yet formally identified the body of the pilot who went missing on a flight over the Snowy Mountains, police sources said the crash was 'unsurvivable'. In a recent press conference, Riverina Police District Commander, Superintendent Andrew Spliet said the force of the impact of the aircraft was significant. "You wouldn't recognise it as an aeroplane," he said. "There was obviously a fair bit of speed into the mountain range, which has completely destroyed that aircraft, and it wouldn't be a survivable collision." A recovery operation was underway, with crime scene investigators winched onto the site. "We've got investigators, as well as crime scene, attending that site, to clarify the cause of the collision and also see if we can identify the pilot," Mr Spliet said. Conditions on the mountain have continued to frustrate the search and recovery operation. "It was very difficult to get to," he said. "There was a lot of very steep, overgrown terrain, so it was difficult to locate initially, but when weather conditions cleared, we were able to get those air assets over the coordinates." The pilot, widely believed to be Brogo resident David Stephens, was flying his beloved plane when he went missing on Tuesday afternoon. In the days before his disappearance, Mr Stephens flew from Moruya Airport to Frogs Hollow on the Far South Coast, and then from the Bega Valley-based airstrip to Wangaratta, a city northeast of Victoria. But on Tuesday, July 15, at 4.35pm, NSW Police said emergency services were notified of a possible plane crash near Dargals Trail in the Snowy Valleys. His partner, Lynda Leigh, said in a statement on Thursday to Bega District News that the mountain weather could turn very quickly. "We have to assume he must have seen a way over the mountain to decide not to turn back to Wangaratta," she said. "David has quite a bit of experience flying the plane, but we can't know what situation he was facing. "We'll only have answers once they locate the plane and, with that, David." Ms Leigh thanked the outpouring of hope and support from the community and the emergency services who searched for David in heavy fog, snow, heavy vegetation and horrendous terrain. President of the Frogs Hollow Flyers, Tony Rettke, said Mr Stephens was an honest man and that he had drafted him as secretary to the club in recognition of his broad experience. "I pulled him onto the committee because he was a member, and I could tell he had a lot to contribute to being a wise person and a flyer for many years," he said. "He did his job well and had only been doing it for about six months, and had a major role in a recent fly-in with 25 aircraft coming to camp." Besides being the immensely proud pilot of "Deb", his 1966 Debonair, David Stephens had a long history of drifting on dirt trails. His partner said Mr Stephens earned his pilot's licence before he began driving in the 1960s. As well as Frogs Hollow Flyer, Mr Stephens was a well-known and respected rally sport competitor and a dedicated committee member for various motorsport clubs across the Far South Coast. "If he wasn't competing, he'll be volunteering as an official in all capacities for the ACT and NSW rally series, and, in turn, the Australian Rally Championships," Ms Leigh said. In 2017, Ms Leigh told Bega District News that David competed on the famous Upper Cobargo and Buckajo Roads since the 70s and often hoped she would get a chance to drive the Bega Rally herself. "I really enjoyed watching the Rally of Canberra since I moved there from Sydney in the 90s, but never did I think for a moment I'd compete or own my own rally car," she said. "David takes his rallying seriously and I was honoured to be asked to be his co-driver - in my first year in the 'silly seat', we won the 2015 NSW Pace note series, which wasn't a bad start!" While police haven't yet formally identified the body of the pilot who went missing on a flight over the Snowy Mountains, police sources said the crash was 'unsurvivable'. In a recent press conference, Riverina Police District Commander, Superintendent Andrew Spliet said the force of the impact of the aircraft was significant. "You wouldn't recognise it as an aeroplane," he said. "There was obviously a fair bit of speed into the mountain range, which has completely destroyed that aircraft, and it wouldn't be a survivable collision." A recovery operation was underway, with crime scene investigators winched onto the site. "We've got investigators, as well as crime scene, attending that site, to clarify the cause of the collision and also see if we can identify the pilot," Mr Spliet said. Conditions on the mountain have continued to frustrate the search and recovery operation. "It was very difficult to get to," he said. "There was a lot of very steep, overgrown terrain, so it was difficult to locate initially, but when weather conditions cleared, we were able to get those air assets over the coordinates." The pilot, widely believed to be Brogo resident David Stephens, was flying his beloved plane when he went missing on Tuesday afternoon. In the days before his disappearance, Mr Stephens flew from Moruya Airport to Frogs Hollow on the Far South Coast, and then from the Bega Valley-based airstrip to Wangaratta, a city northeast of Victoria. But on Tuesday, July 15, at 4.35pm, NSW Police said emergency services were notified of a possible plane crash near Dargals Trail in the Snowy Valleys. His partner, Lynda Leigh, said in a statement on Thursday to Bega District News that the mountain weather could turn very quickly. "We have to assume he must have seen a way over the mountain to decide not to turn back to Wangaratta," she said. "David has quite a bit of experience flying the plane, but we can't know what situation he was facing. "We'll only have answers once they locate the plane and, with that, David." Ms Leigh thanked the outpouring of hope and support from the community and the emergency services who searched for David in heavy fog, snow, heavy vegetation and horrendous terrain. President of the Frogs Hollow Flyers, Tony Rettke, said Mr Stephens was an honest man and that he had drafted him as secretary to the club in recognition of his broad experience. "I pulled him onto the committee because he was a member, and I could tell he had a lot to contribute to being a wise person and a flyer for many years," he said. "He did his job well and had only been doing it for about six months, and had a major role in a recent fly-in with 25 aircraft coming to camp." Besides being the immensely proud pilot of "Deb", his 1966 Debonair, David Stephens had a long history of drifting on dirt trails. His partner said Mr Stephens earned his pilot's licence before he began driving in the 1960s. As well as Frogs Hollow Flyer, Mr Stephens was a well-known and respected rally sport competitor and a dedicated committee member for various motorsport clubs across the Far South Coast. "If he wasn't competing, he'll be volunteering as an official in all capacities for the ACT and NSW rally series, and, in turn, the Australian Rally Championships," Ms Leigh said. In 2017, Ms Leigh told Bega District News that David competed on the famous Upper Cobargo and Buckajo Roads since the 70s and often hoped she would get a chance to drive the Bega Rally herself. "I really enjoyed watching the Rally of Canberra since I moved there from Sydney in the 90s, but never did I think for a moment I'd compete or own my own rally car," she said. "David takes his rallying seriously and I was honoured to be asked to be his co-driver - in my first year in the 'silly seat', we won the 2015 NSW Pace note series, which wasn't a bad start!" While police haven't yet formally identified the body of the pilot who went missing on a flight over the Snowy Mountains, police sources said the crash was 'unsurvivable'. In a recent press conference, Riverina Police District Commander, Superintendent Andrew Spliet said the force of the impact of the aircraft was significant. "You wouldn't recognise it as an aeroplane," he said. "There was obviously a fair bit of speed into the mountain range, which has completely destroyed that aircraft, and it wouldn't be a survivable collision." A recovery operation was underway, with crime scene investigators winched onto the site. "We've got investigators, as well as crime scene, attending that site, to clarify the cause of the collision and also see if we can identify the pilot," Mr Spliet said. Conditions on the mountain have continued to frustrate the search and recovery operation. "It was very difficult to get to," he said. "There was a lot of very steep, overgrown terrain, so it was difficult to locate initially, but when weather conditions cleared, we were able to get those air assets over the coordinates." The pilot, widely believed to be Brogo resident David Stephens, was flying his beloved plane when he went missing on Tuesday afternoon. In the days before his disappearance, Mr Stephens flew from Moruya Airport to Frogs Hollow on the Far South Coast, and then from the Bega Valley-based airstrip to Wangaratta, a city northeast of Victoria. But on Tuesday, July 15, at 4.35pm, NSW Police said emergency services were notified of a possible plane crash near Dargals Trail in the Snowy Valleys. His partner, Lynda Leigh, said in a statement on Thursday to Bega District News that the mountain weather could turn very quickly. "We have to assume he must have seen a way over the mountain to decide not to turn back to Wangaratta," she said. "David has quite a bit of experience flying the plane, but we can't know what situation he was facing. "We'll only have answers once they locate the plane and, with that, David." Ms Leigh thanked the outpouring of hope and support from the community and the emergency services who searched for David in heavy fog, snow, heavy vegetation and horrendous terrain. President of the Frogs Hollow Flyers, Tony Rettke, said Mr Stephens was an honest man and that he had drafted him as secretary to the club in recognition of his broad experience. "I pulled him onto the committee because he was a member, and I could tell he had a lot to contribute to being a wise person and a flyer for many years," he said. "He did his job well and had only been doing it for about six months, and had a major role in a recent fly-in with 25 aircraft coming to camp." Besides being the immensely proud pilot of "Deb", his 1966 Debonair, David Stephens had a long history of drifting on dirt trails. His partner said Mr Stephens earned his pilot's licence before he began driving in the 1960s. As well as Frogs Hollow Flyer, Mr Stephens was a well-known and respected rally sport competitor and a dedicated committee member for various motorsport clubs across the Far South Coast. "If he wasn't competing, he'll be volunteering as an official in all capacities for the ACT and NSW rally series, and, in turn, the Australian Rally Championships," Ms Leigh said. In 2017, Ms Leigh told Bega District News that David competed on the famous Upper Cobargo and Buckajo Roads since the 70s and often hoped she would get a chance to drive the Bega Rally herself. "I really enjoyed watching the Rally of Canberra since I moved there from Sydney in the 90s, but never did I think for a moment I'd compete or own my own rally car," she said. "David takes his rallying seriously and I was honoured to be asked to be his co-driver - in my first year in the 'silly seat', we won the 2015 NSW Pace note series, which wasn't a bad start!"
Perth Now
4 days ago
- Climate
- Perth Now
Sad update in search for missing pilot
Police say it's 'fairly clear' the missing pilot at the helm of a plane that crashed in the rugged Snowy Mountains has not survived the impact as crews continue their desperate search. Experienced Bega pilot David Stephens, 74, was flying the 1966 Beechcraft Debonair plane from Wangaratta in Victoria to Moruya Airport on the NSW South Coast on Tuesday when he lost contact. NSW Police confirmed the plane's wreckage was found about 4pm on Thursday, with a rescue helicopter locating 'what is believed to be the crashed plane near the plane's last known GPS location'. Speaking on Friday, Superintendent Andrew Spliet said crews were still working to find the cause of the crash and the pilot's whereabouts. He told reporters the impact of the crash was significant and it was 'fairly clear that wouldn't be survivable'. The pilot's body has not been located. Pilot David Stephens and his 1966 Beechcraft Debonair plane went missing in the Snowy Mountains. Supplied Credit: Supplied Superintendent Spliet said the impact of the crash was so severe 'you wouldn't recognise it as a plane'. 'Obviously, (there was) a fair bit of speed into the mountain range there, which has completely destroyed that aircraft,' he said. 'And as I said, it wouldn't be a survivable collision.' He explained the conditions in the Snowy Mountains were 'very difficult' for the emergency crews to access, with lots of snow and a 'very steep' terrain. 'It was a lot of very steep, overgrown terrain up there, so it was difficult to locate initially and also due to those weather conditions,' Superintendent Spliet said. 'But when that cleared, we were able to get those air assets over the co-ordinates that we've been provided, and that's when the crash site was identified.' He said an investigation into the crash would determine if the weather played a role. 'Obviously, that evening … the weather conditions were fairly unpleasant and not very good for search and the air assets in the air at the time,' he said. 'I would say that (the weather conditions) weren't ideal.' Mr Stephens, pictured with his father, was a long-time pilot. Supplied Credit: Supplied Mr Stephens' wife Lynda Leigh told the ABC that he was an experienced pilot and only two months from retiring. He had been on his way home when he disappeared. 'It is known that the mountain weather can turn very quickly, and we can only assume he must have seen a way over the mountain to decide not to turn back to Wangaratta,' she said. 'David has quite a bit of experience flying that plane, but we can't know what situation he was facing, and we'll only have answers once they locate the plane and with that David.' Friend and Frog's Hollow Flyers aero club president Tony Radcliffe told 9News that Mr Stephens was a 'very capable' pilot, though Mr Radcliffe was worried about the conditions Mr Stephens faced. 'We call it tiger country, anywhere that's difficult to make a forced landing,' he told the outlet. 'We're all aware of the different possibilities in flying light aircraft. David's very capable and very experienced to be flying the length that he has.'
