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Wells Fargo Cuts PT on Globus Medical (GMED) Despite Q1 Sales and EPS Beat
Insider Monkey122d agoneutral
Wells Fargo Cuts PT on Globus Medical (GMED) Despite Q1 Sales and EPS Beat

Globus Medical, Inc. (NYSE:GMED) is one of the best robotic surgery stocks to buy. Wells Fargo cut the price target on Globus Medical, Inc. (NYSE:GMED) to $103 from $104 on May 8, maintaining an Overweight rating on the shares and noting that the company reported fiscal Q1 sales and EPS well ahead of its consensus and estimates. […]

Why The Story Around Murphy USA (MUSA) Is Shifting With New Analyst Models And Assumptions
Simply Wall St.123d agoneutral
Why The Story Around Murphy USA (MUSA) Is Shifting With New Analyst Models And Assumptions

Murphy USA is back on investor radars after the target fair value in recent models shifted from US$466.00 to US$558.00, a change of about 19.7%. That move aligns with a series of generally constructive analyst updates, including higher price targets and a new bullish initiation, even as views differ on how resilient the underlying drivers might be. Read on to see what is behind the latest fair value reset and how to track potential future developments in this story. Stay updated as the Fair...

3 Bank Stocks We Find Risky
StockStory125d agoneutral
3 Bank Stocks We Find Risky

Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. Market leaders have certainly capitalized on rising interest rates and strong loan demand to boost profitability, helping fuel a 10.6% gain for the banking industry over the past six months. This performance has closely followed the S&P 500.

Wells Fargo & Company (WFC) Launches Advisor Gateway, Here’s What You Need to Know
Insider Monkey126d agoneutral
Wells Fargo & Company (WFC) Launches Advisor Gateway, Here’s What You Need to Know

Wells Fargo & Company (NYSE:WFC) is one of the Most Undervalued US Stocks According to Hedge Funds. On May 7, Wells Fargo & Company (NYSE:WFC) launched Advisor Gateway, which is a desktop platform that provides access to over 200 tools and applications for financial advisors. ​Management noted that these tools include proprietary systems such as […]

Dow Jones looks to build on record on peace-talk hopes
Proactive126d agobullish
Dow Jones looks to build on record on peace-talk hopes

8am: Wall Street set for higher open US stock futures are pointing to a modestly positive open on Friday, with investors keeping faith that a US-Iran peace deal could be within reach - even as oil prices climb again and Nvidia's post-earnings slide raises a few questions. Dow futures are...

Top US Landlords Agree to $50 Billion Real Estate Merger
Bloomberg127d agoneutral
Top US Landlords Agree to $50 Billion Real Estate Merger

(Bloomberg) -- AvalonBay Communities Inc. and Equity Residential agreed to merge in an all-stock transaction that will unite two of the biggest apartment real estate investment trusts with a combined market value of more than $50 billion.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to Lea

How The Story On Equitable Holdings (EQH) Is Shifting With Merger And Mixed Analyst Calls
Simply Wall St.127d agoneutral
How The Story On Equitable Holdings (EQH) Is Shifting With Merger And Mixed Analyst Calls

Equitable Holdings is under fresh review as analysts adjust their price targets, with several firms trimming their estimates by about US$1 to US$8 while others edge theirs higher. These changes reflect a split view, where some analysts point to earnings power and capital returns as support for current valuations, while others stress execution risk and less room for upside surprise across life and annuity stocks. As you read on, you will see how to track these shifting calls and what they...

Wall Street’s Verdict on Wells Fargo After the $110 Million Discrimination Settlement
24/7 Wall St.127d agoneutral
Wall Street’s Verdict on Wells Fargo After the $110 Million Discrimination Settlement

The smart money read on Wells Fargo (NYSE: WFC) following the $110 million lending and hiring discrimination settlement approved by a federal judge is clearly constructive. Sell-side analysts carry a buy-skewed consensus and a 12-month price target well above where shares trade today, while insiders have been net buyers into the settlement window. The Hard ... Wall Street’s Verdict on Wells Fargo After the $110 Million Discrimination Settlement

Wells Fargo revamps Google stock price target after major AI move
TheStreet127d agoneutral
Wells Fargo revamps Google stock price target after major AI move

Google held its annual developer conference last week and unveiled Gemini 3.5 Pro, new AI search integrations, and a product lineup that BofA called evidence of "accelerating velocity of AI innovation." The stock barely moved. That is the strange position Google finds itself in heading into the ...

More Citi shareholders vote 'no' on say-on-pay
American Banker127d agoneutral
More Citi shareholders vote 'no' on say-on-pay

Support for Citi's annual say-on-pay resolution fell steeply, with about 60% of shareholders voting in favor of the bank's 2025 executive-compensation program. The decline is likely related to a one-time equity award to CEO Jane Fraser and concerns about how the bank determines incentive pay.

Amazon Price Target Nudged to $312 at Wells Fargo: The AWS Cloud Monetization Story Just Got Bigger
24/7 Wall St.127d agoneutral
Amazon Price Target Nudged to $312 at Wells Fargo: The AWS Cloud Monetization Story Just Got Bigger

Wells Fargo trimmed its price target on Amazon (NASDAQ:AMZN) to $312 from $313 while maintaining an Overweight rating. The firm’s reinforced conviction is that AWS sits at the center of the cloud compute monetization story now driving Wall Street’s biggest re-rating debate. For watchful investors, the call frames Amazon stock as a core AI infrastructure ... Amazon Price Target Nudged to $312 at Wells Fargo: The AWS Cloud Monetization Story Just Got Bigger

Marvell Price Target Vaults to $195 at Wells Fargo on AWS Trainium and Custom Silicon Momentum
24/7 Wall St.128d agoneutral
Marvell Price Target Vaults to $195 at Wells Fargo on AWS Trainium and Custom Silicon Momentum

Wells Fargo delivered one of the most aggressive price target revisions on a major AI semiconductor name this quarter. The firm raised its price target on Marvell Technology (NASDAQ:MRVL) to $195 from $135 and reiterated an Overweight rating, anchoring the call on AWS Trainium deployment and broadening custom silicon momentum. The price target raise lands ... Marvell Price Target Vaults to $195 at Wells Fargo on AWS Trainium and Custom Silicon Momentum