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Citi Just Cut Its Price Target on These 3 Stocks: August 2024
Investor Place· 2024-08-15 18:14
Citi (NYSE:C) price target cuts often get outsized attention, especially considering the recent $6.4 trillion global stock market meltdown.The bank expects global GDP growth to drop to 2.2% in 2024 and then increase to 2.8% in 2025 under its “Slow Then Grow” thesis for 2024; Citi predicts the U.S. will lead the worldwide resurgence even if the economy slows down.Regarding the stock market, Citigroup projects that corporate profits will rise by 4% in 2024 and by 8% in 2025. The bank also implies that the Fed ...
Darling Ingredients Announces Scope 1 and 2 Emissions Reduction Target, Issues 2023 Sustainability Progress Report
Prnewswire· 2024-08-15 04:37
IRVING, Texas, Aug. 14, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today announced a target to reduce Scope 1 and 2 emissions 42% by 2030, which aligns with its commitment to the Science Based Targets initiative (SBTi). The goal is included in the company's 2023 Sustainability Progress Report, published today. The report provides a detailed overview of the company's progress against key environmental, social and governance objectives throughout 2023, highlighting how its Scope 1 and 2 target ...
Pre-Q2 Earnings: Is Target (TGT) Stock a Portfolio Must-Have?
ZACKS· 2024-08-15 00:16
As Target Corporation (TGT) gears up to release its second-quarter fiscal 2024 results on Aug 21 before the opening bell, investors and analysts alike are keenly watching to see how the retail giant will navigate the current economic landscape. With the retail sector facing ongoing economic shifts and evolving consumer behavior, Target's performance in this quarter will be a crucial indicator of its resilience and adaptability.The Zacks Consensus Estimate for the to-be-reported quarter’s revenues is pegged ...
Target (TGT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-08-14 23:00
Target (TGT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 21. On the ...
Needham Just Boosted Its Price Target on These 3 Stocks: August 13, 2024
Investor Place· 2024-08-14 21:26
Always pay close attention to new stock price targets from firms, like Needham. While the firm won’t always get it right, price upgrades are still worth paying attention to. Perhaps they’re seeing favorable industry trends that are impacting a covered stock. Maybe the financial health of a stock based on earnings or guidance is improving. Or, perhaps, they liked what they heard in a meeting with management. Whatever the case, it’s a good idea to look into the reasoning for a price upgrade.However, never use ...
Nike Stock Rebounds After Analyst Reaffirms Bullish Price Target
Investopedia· 2024-08-14 04:50
文章核心观点 - 分析师Aneesha Sherman重申了对耐克股票的"买入"评级和112美元的目标价,推动了耐克股价的上涨 [1][2] - 分析师认为耐克销售有望反弹,因为公司增加了营销投入,并努力修复与零售商的关系 [5][6] - 耐克股价在6月底因第四季度业绩不佳而下跌,但周二成为标普500指数中表现最佳的股票之一 [3] 根据相关目录分别进行总结 行业分析 - 分析师看好耐克股票的未来表现,给予"买入"评级和112美元的目标价 [1][4] - 分析师认为耐克正在采取措施提振销售,包括增加营销投入和修复与零售商的关系 [5][6] 公司分析 - 耐克第四季度业绩不佳,导致股价在6月底下跌 [3] - 但耐克股价在最近一个交易日表现出色,成为标普500指数中最佳表现的股票之一 [3]
Wedbush Just Raised its Price Target on These 7 Stocks: August 12, 2024
Investor Place· 2024-08-13 19:15
Investment bank Wedbush may be best-known for its sell-side coverage of high-profile tech stocks like Tesla (NASDAQ:TSLA), but taking a look at the new Wedbush price targets, you’ll find that the EV maker is not on this list.Neither are many of the other well-known names in tech. Instead, with some exceptions, most of the latest stocks receiving either a target price increase or a target price decrease from Wedbush this month are in other sectors. For instance, sectors like health care, real estate, consume ...
Target Names Amy Tu Chief Legal and Compliance Officer 
Prnewswire· 2024-08-13 18:30
文章核心观点 - 公司任命Amy Tu为首席法律合规官和公司秘书,接替即将退休的Don Liu [2][3][4] - Amy Tu拥有丰富的法律、运营和零售经验,将领导公司的法律事务和合规职能,并加入公司领导团队 [5] - Don Liu将退休并担任公司的战略顾问角色 [6][7] 根据相关目录分别进行总结 公司任命新任首席法律合规官 - 公司任命Amy Tu为首席法律合规官和公司秘书,接替即将退休的Don Liu [2][3][4] - Amy Tu拥有丰富的法律、运营和零售经验,将领导公司的法律事务和合规职能,并加入公司领导团队 [5] - Amy Tu此前在沃尔玛、Gap和波音等公司担任过多个关键职能的领导角色,包括法律、道德合规、政府事务等 [5] - Amy Tu还有丰富的国际经验,曾领导过泰森食品25亿美元的国际业务,管理1.9万名员工 [5] 前任首席法律合规官的退休安排 - 前任首席法律合规官Don Liu将退休,并担任公司的战略顾问角色至2025年5月 [6] - Don Liu在公司任职期间成为许多人的信任顾问,并在法律行业内被视为多元化、公平和包容性的先驱 [7] 公司概况 - 总部位于明尼阿波利斯的Target公司在近2000家门店和Target.com为顾客提供服务 [8] - 自1946年以来,Target一直将5%的利润回馈给社区,每周相当于数百万美元 [8]
iA Financial: Exceeding ROE Target, Expect Accelerated EPS Growth Ahead
Seeking Alpha· 2024-08-10 16:18
Images By Tang Ming TungIntroduction I last covered iA Financial (TSX:IAG:CA) in January and since then shares have delivered a total return of 6.9% while the S&P500 has returned 8.0%. Despite some underperformance in the share price, I've become even more bullish on the company since then, especially after an impressive second quarter. During the quarter, the company blasted through its 15% ROE target and also had 40%+ growth in Seg funds. In this article, I'll unpack the latest results and explain why ...
Target Hospitality Reports Impressive Second Quarter 2024 Results with Continued Strong Operational Performance
Prnewswire· 2024-08-07 18:45
THE WOODLANDS, Texas, Aug. 7, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the three months ended June 30, 2024.Financial and Operational HighlightsRevenue of $100.7 million for the three months ended June 30, 2024.Net income of $18.4 million for the three months ended June 30, 2024.Basic and ...