UBS maintained its 'overweight' rating on European banks following a strong Q2 earnings season where 38 of 40 major banks exceeded pre-provision profit expectations and 36 beat pre-tax profit forecasts. The sector showed resilience with credit impairments 6% below consensus and stable loan defaults at 1.9%. UBS raised earnings per share forecasts by 2% for 2026 and 1% for 2027, expecting sector earnings growth of 12% in 2026, 15% in 2027, and 10% in 2028. Valuations remain attractive with a 4-5% dividend yield, and UBS highlighted Barclays, ABN Amro, BNP Paribas, ING, National Bank of Greece, Santander, and Société Générale as top picks.
Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23...
Fabrinet is set to report strong Q3 2026 earnings with revenue forecasted at about $1.276 billion, a 41% increase year-over-year, driven by demand in Telecom and Data Center sectors. Earnings per share are expected to rise 45% to $3.81, reflecting ro...
Jernigan Capital, a REIT specializing in financing self-storage facilities, saw its stock rise over 11% to $24.00, reaching a new 52-week high. Analysts have a consensus "Moderate Buy" rating with an average 12-month price target of $27.50, suggestin...
CrowdStrike, a leading cybersecurity firm, has seen its stock price increase by 85% year-to-date, reaching a market cap over $220 billion. Investment firm Cowen & Co. reiterated a "Buy" rating and raised the price target to $235, citing strong financ...
Alpha Cognition Inc. reported a 71% quarter-over-quarter revenue increase to $6.0 million in Q2 2026, driven by strong demand for its ZUNVEYL product with 37% growth in bottles dispensed. Despite only 16% payer implementation, prescription and facili...
