BofA Securities has upgraded Kinder Morgan (NYSE:KMI), an energy infrastructure company that owns and controls oil and gas pipelines and terminals. The analyst notes stabilized base business. The company is scheduled to report third-quarter 2024 earnings on 16 October, with analysts estimating $0.27 for adjusted EPS and $3.95 billion for revenues. Amid uncertainty in the energy […]
Unity Bancorp (NASDAQ: UNTY) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.31%. A quarter ago, it was expected […]
Try our free 5 day trial today https://turbooptiontrading.com/2024/01/05/free-5-day-trial/ Here’s a quick update on the latest earnings reports for Goldman Sachs, JPMorgan Chase, and some insights on startup earnings: Goldman Sachs (GS) Goldman Sachs recently reported their third-quarter earnings for 2024. They announced net revenues of $12.73 billion and net earnings of $2.01 billion. The diluted […]
Try our free 5 day trial today https://turbooptiontrading.com/2024/01/05/free-5-day-trial/ 1. Artificial Intelligence (AI) Investments: Broadcom’s significant investments in AI, particularly in custom silicon for AI applications, have been a major driver. The company has secured key customers like Alphabet and Meta Platforms, which boosts investor confidence1. 2. VMware Acquisition: The recent acquisition of VMware is expected […]
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. JP Morgan analyst Dominic O’Kane downgraded the rating for ArcelorMittal S.A. (NYSE:MT) from Overweight to Neutral. ArcelorMittal shares gained 0.6% to close at $24.76 on […]
Try our free 5 day trial today https://turbooptiontrading.com/2024/01/05/free-5-day-trial/ This is the TurboOptionTrading Youtube channel. We bring 35 years of market experience to our Youtube subscribers to show how to make money with daytrading. Join us as we do technical analysis, go over options strategies, examine market trends, identify setups and more. Want to join the […]
Barclays upgraded CVS Health Inc (NYSE:CVS) on higher Pharmacy & Consumer Wellness (PCW) estimates as headwinds are offset by share gains, with further upside potential from CostVantage. Despite macroeconomic pressures impacting the retail pharmacy sector, the analyst writes that CVS has shown resilience thanks to its diversified business model. Also Read: CVS, UnitedHealth Request FTC […]
Delta Air Lines (NYSE: DAL) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $2.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.85%. A quarter ago, it was […]
DA Davidson analyst upgraded Bank of Marin Bancorp (NASDAQ:BMRC) to Buy from Neutral and raised the price target to $24 from $21. The analyst writes that the Fed’s potential shift to lower rates has enhanced their earnings outlook for BMRC and led to the belief that the bank’s credit risks have somewhat diminished. Consequently, the […]
The aerospace and defense industry has been a sustained beacon of strength in an otherwise volatile market. With geopolitical tensions escalating, including the ongoing Russia-Ukraine war and conflicts in the Middle East, the sector has steadily risen with momentum. Two giants in the industry, Lockheed Martin and Raytheon Technologies (NYSE: RTX), have outperformed the broader […]