Jefferies has upgraded Renishaw PLC and XP Power Ltd to 'buy' ratings, anticipating a prolonged and robust semiconductor cycle that will boost earnings. Renishaw's price target was raised significantly, expecting mid-teens revenue growth driven by its Position Measurement division. XP Power's target was also increased, reflecting a strong recovery and a 50% rise in first-half order intake. Halma was upgraded to 'hold' after a sharp valuation drop, while Oxford Instruments remains at 'hold' with modest upside. The upgrades are supported by a 34-month chip market growth fueled by data center construction, with July sales up 135% year-on-year.
MoneyHero Limited reported Q3 2026 earnings with an EPS of -$0.03 and revenue of $15.75 million, missing analyst estimates. The company is shifting strategy to offer more cash rewards to attract users, which has lowered immediate revenue and resulted...
Hooker Furnishings reported Q2 fiscal 2027 earnings of $0.11 per share from continuing operations, beating analyst expectations of a $0.02 loss per share, while total diluted EPS including discontinued operations was $0.15. However, quarterly net sal...
Salesforce received a Buy rating and $275 price target from Stifel Nicolaus, reflecting a potential 10.88% upside from its current price of $248. The upgrade follows strong Q2 results and growing confidence in Salesforce's AI initiatives, including i...
Coffee Holding Co. reported a strong third-quarter earnings per share of $0.35, far surpassing analyst expectations, signaling robust profitability. However, revenue declined to $21.69 million, missing estimates due to falling green coffee prices and...
An analyst from DA Davidson reduced the price target for Brinker International to $240 from $260, reflecting a 12.64% potential upside from the current trading price of $213.06. This adjustment follows a 10% share decline over the past month, althoug...
