Eversource Energy's stock has dropped over 11% recently due to a new FERC ruling that lowers its allowed return on equity, impacting earnings estimates. Despite this, Bank of America analyst Ross Fowler maintains a Buy rating with a revised price target of $73, citing the company's strong regulated growth, dividend yield of about 4.5%, and a $26.5 billion capital plan through 2030. The stock's potential to reach $73 depends on meeting 2026 earnings guidance, resolving refund obligations without major earnings loss, and favorable regulatory outcomes. Risks include larger-than-expected refund obligations and ongoing storm cost reviews in Connecticut, but the stock remains attractive for patient retirement investors.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
Labcorp is considered a buy due to its effective rollup strategy in a fragmented lab testing industry, driving steady and predictable growth. Automation is reducing operational costs, helping to counteract healthcare pricing pressures. The company no...
