These reports, published and edited by Barron’s, have recently been released by investment and research firms. Reports are a sample of analyst thinking; Barron’s opinions or recommendations should not be taken into account. Some of the reporters have offered, or hope to offer, investment banking or other services to the companies under study.
Overweight price $ 33.82 on January 4th
By JP Morgan
We are lowering our estimates to reflect December’s declining traffic declines and higher-than-usual promotional activity, and the combination of these suggests the near-term smooth demand and uncertainty in the back of Peloton’s 2022 fiscal prosecution. PTON is facing a number of short-term headwinds. works to advance the pandemic, restore traffic and leaders, and adjust cost structure. Shares fell by 76% in 2021 and are now at the beginning of February 2020. We believe that the long-term connected fitness market remains a big headache. We are still overweight, but we have lowered our December 2022 price target from $ 70 to $ 50, based on three times the estimated revenue for the 2023 calendar.
Buy $ 53.14 on January 4th
By Tigress Financial Partners
We repeat our Buy valuation and raise the price of our 12-month target stock to $ 72. Intel continues to make significant capital investments in new processor development and production capabilities, enabling it to regain industry leadership. In addition, Mobileye’s recently announced IPO will create an important opportunity to unlock the value of shareholders and the tremendous benefits of growing opportunities in autonomous vehicle technology. The INTC plans to launch Mobileye, its advanced driver assistance systems division, in the summer. This will unlock tremendous shareholder value, provide additional capital to invest in key growth initiatives, and increase business collaboration. In addition, INTC is leveraging the strength of its customer computing team and its leadership in data center processors. This will make it possible to overcome the short-term vulnerability as a result of the ongoing global demand and migration to cloud-hosted data centers and hybrid cloud infrastructures.
Buy (4 stars, 5) Price is $ 21.80 on December 31st
Regional gains will have a lower volatility of net interest margin than their peers, given their extensive hedging program, and [from] The balance sheet has started to be repositioned in the period 2022/2023, probably due to the increase in rates. RF also intends to continue looking for non-bank purchases in order to sustain the momentum of quota growth. It is likely that loan growth will continue to slow in the short term. Net charges are improving, and Regions are expected to make steady progress in efficiency, reducing the real estate footprint and optimizing spending for vendors. Our $ 27 share price target is estimated to be 20.4 times higher than the 2022 EPS estimate, an average of 15.9% for its members. We are bullish, given the healthy dividend of RF (2.8%) and the expected growth in loan growth in 2022.
Pass price $ 43.81 on January 4th
We repeat our assessment of the pass before the fourth quarter of KB Home (November).
EPS release scheduled for January 12 after market closes. In our November call
management, we discussed prices (KB home prices were rising in line with local trends), supply chain issues (neither better nor worse at the time) and the wind against the gross margin of wood price inflation (which should have been mindful). fourth quarter). We will be looking for an update on these items [on the earnings call]. 12 month price target: $ 60.
Neutral price $ 13.59 on January 5th
By Piper Sandler
We are lowering our rating from being overweight. Conditions have gone up well and are now selling at $ 3 of our 12 month price target. In terms of price / earnings, KRNY is trading at a premium to its peers (14.5 times to 11.6 times). Even if it has a bit of excess capital, it is no longer over-capitalized. We do not, however, expect multiple compressions for this well-managed bank.
Pass price $ 95.83 on January 3rd
By RBC Capital Markets
We’re upgrading Emerson from Sector Perform because it makes one of the positives. The shares are trading below the three-year relative level of P / E support, and our Sum of Valuation (SOP) valuation represents a 25% increase in a potential breakdown of the value unlock. We believe that F2022 is conservative as a good guide. The rebound in oil capital spending remains an unknown key. Emerson is positioned as a hybrid [company] in our investment framework. [The U.S. economy] it recently began Phase 2 of its cyclical recovery, in which quality hybrid hybrids in the middle class have historically surpassed the S&P 500. Emerson is reportedly undergoing a strategic review, led by new CEO Lal Karsanbhai. And we wouldn’t be surprised to see the activist’s surface, seeing the renewed Urge to Demerge of the multi-industry sector, following General Electric. [ticker:
] announcement of rupture. Our SOP rating represents a $ 116 price target, above $ 104.
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