Latest news with #Stephens
Yahoo
18 hours ago
- Business
- Yahoo
Why Azenta (AZTA) Stock Is Up Today
What Happened? Shares of life sciences company Azenta (NASDAQ:AZTA) jumped 5.7% in the afternoon session after the investment firm Stephens initiated coverage on the life sciences company. The firm assigned an "equal weight" rating to the stock and set a price target of $35.00 per share. An "equal weight" rating suggests that the analyst believes the stock will perform in line with the average of the other stocks the analyst covers. This new coverage from a Wall Street firm can bring increased attention to a company, often leading to higher trading volume as investors digest the new rating and price target. The initiation comes after a period of volatility for the stock, which has seen significant price swings over the past year. After the initial pop the shares cooled down to $32.87, up 4.9% from previous close. Is now the time to buy Azenta? Access our full analysis report here, it's free. What Is The Market Telling Us Azenta's shares are very volatile and have had 26 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 4 days ago when the stock dropped 3.7% as several negative developments weighed on the sector. Weakness in managed care providers was a significant factor, with companies like Elevance Health and Humana seeing declines due to an analyst downgrade and a lost lawsuit regarding Medicare bonus payments, respectively. Additionally, some pharmaceutical and biotech companies experienced sharp drops following unfavorable news; for instance, Sarepta Therapeutics plunged after a report indicated another patient death tied to its experimental gene therapy, and GSK's blood cancer drug dosage was voted against by the FDA advisory committee. Broader market sentiment, including concerns about rising costs and inadequate pricing for 2025 plans among health insurers, also contributed to the downward pressure on healthcare equities. Azenta is down 34.3% since the beginning of the year, and at $32.87 per share, it is trading 47.2% below its 52-week high of $62.29 from July 2024. Investors who bought $1,000 worth of Azenta's shares 5 years ago would now be looking at an investment worth $706.19. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Newsweek
a day ago
- Entertainment
- Newsweek
Internet Can't Cope With Unlikely Friendship Between Deer and Cat
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The internet is obsessed with the "unlikely" friendship between a pet cat and wild deer. Sara Stephens, who posts to TikTok under the username @ckls1622, lives rurally and is surrounded by nature—including herds of deer who often pass by her property. One particular deer has taken a shine to Stephens' cat, and her TikTok account is filled with videos of the animals interacting in adorable ways. On June 26, Stephens shared a video which went viral as many viewers commented on the fact that animal species could get along so well, awarding the post close to 4 million likes. In the clip—adorably set to "Can't Help Falling in Love," originally performed by Elvis Presley—Stephens records the scene from her home, which has large glass doors and windows to showcase the stunning countryside view. And outside, her cat is sitting basking in the sun, looking completely relaxed, as he receives a bath from the deer. The doe licks the cat from top to bottom, and he raises his head happily. As Stephens zooms in, it becomes clear that the cat is sopping wet, having been thoroughly groomed by his companion. Stephens captioned the video: "Unlikely best friends." TikTok users were hugely moved, one writing: "Different animal species can et along but humans can't," and another agreeing: "Tell me animals are not better than us." Another laughed: "That cat is SOAKED lol," as another declared: "Cats are superior and the universe was made for them." "How does this relationship even start?" another asked. And as one described it: "Is that a lavender field with a wild deer licking an orange tabby cat? This is what dreams are made of." A screenshot from the video of the cat and the deer. A screenshot from the video of the cat and the deer. TikTok @ckls1622 Many commented on how, at the end of the video, the deer opened her mouth wide, with some worrying she was about to take a bite out of the cat, though being assured by other commenters that this was extremely unlikely. While deer are herbivores, on rare occasions they have been known to eat the tiny chicks of ground-nesting birds, likely when deer are unable to source all the nutrients they need from their normal diet, according to Woodland Trust. But in the case of this cat, it's clear he can hold his own against the herd, as Stephens' account shows him playing with, being groomed by, and curiously sniffing different deer that arrive on the property. Newsweek has contacted @ckls1622 via TikTok for comment on this story. Do you have funny and adorable videos or pictures of your pet you want to share? Send them to life@ with some details about your best friend and they could appear in our Pet of the Week lineup.
Yahoo
4 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
4 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
5 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."
