Needham Initiates Coverage On Babcock & Wilcox with Buy Rating, Announces Price Target of $20
Needham analyst Sean Milligan initiates coverage on Babcock & Wilcox (NYSE:BW) with a Buy rating and announces Price Target of $20.
Stocks · News reference
BW Investors Weigh Buybacks, Debt Redemption And Weak Momentum
BW Share Buyback plans and a $61.4 million note redemption failed to offset weak momentum as shares slipped Monday.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Jim Cramer: 'You Could Make Some Money With This 5.6% Yield'
Jim Cramer likes Babcock & Wilcox and Smithfield Foods. He also advises taking some profits on BillionToOne, and calls Eton Pharma a winner.
Shares of electrical equipment-related companies are trading lower, possibly alongside an AI-related selloff due to inflation fears and soaring bond yields.
Quantum, Kopin, Alamar Biosciences And Other Big Stocks Moving Higher On Tuesday
QMCO gained 44% after reporting strong Q1 earnings and guidance above estimates. Other gainers include NIQ, RPD, KOPN, FRMI, ALMR, MG, BW, SE, RNW, and RIOT.
Golden Eagle Strategies Rings Nasdaq Closing Bell, Advancing Hypergrowth Investing Through Decades of Growth Stock Research
Golden Eagle Strategies, sponsor of the Dynamic Hypergrowth ETF (HYP), rang the Nasdaq closing bell to mark a milestone in advancing Hypergrowth Investing as a distinct investment category. The firm defines hypergrowth stocks as companies with at least 40% year-over-year revenue growth and released research showing such stocks represent only ~2% of the S&P 500 despite being spread across multiple sectors.
Analysts Turn Bullish on nLIGHT After $627M Defense Deal
Needham raised nLIGHT's price target to $90 after the company secured a JLWS contract worth up to $627 million with future development and production opportunities.