Inside the Market’s roundup of some of today’s key analyst actions
) achieved a funding “milestone” with its offshore wind Baltic Power project in Poland, iA Capital Markets analyst Naji Baydoun said it remains “the best investment vehicle for investors to gain exposure to the offshore wind investment theme.”it has signed a credit agreement to secure an equivalent of $5.2-billion of non-recourse green financing with a consortium of 25 financial institutions and credit agencies for a term of 20 years. It represents 80 per cent of Baltic Power’s $6.
“NPI offers investors an attractive mix of stable cash flows from contracted power assets , strong potential long-term FCF/share growth , longer-term potential upside from organic development activity and accretive M&A, and an attractive dividend profile . We are revising our price target to reflect higher-than-expected financial contributions from Baltic Power providing upside to our DCF valuation . We have now also added Baltic Power to our financial estimate.
Based on his scenario analysis, Mr. Poirier now sees the potential for upside of $133 per share for Bombardier if bookings are stronger than expected and deleveraging drives multiple expansion. “Given the headwinds facing NKE in their two most important markets , we see potential for management to lower F24 sales guidance from up mid single digits to up low single digits, though a stronger GM could limit EPS downside. We anticipate management will guide 2Q sales well below cons as they lap difficult NAM sell-in comparisons and face macro headwinds in China. We also remain cautious on 2H sales given the difficult comparisons LY and low visibility into future demand.
Remaining “cautious” on the stock and maintaining a “neutral” rating, Mr. Lejuez dropped his target to US$100 from US$109. The average on the Street is US$124.06.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian markets fall after report that inflation rose, U.S. markets also move lowerTORONTO — Canada's main stock index fell 1.3 per cent Tuesday in a broad-based decline after the latest inflation print came in higher than expected, while U.S. stock markets also moved lower. The S&P/TSX composite index closed down 273.
Read more »
Canadian markets fall after report that inflation rose, U.S. markets also move lowerTORONTO — Canada's main stock index fell 1.3 per cent Tuesday in a broad-based decline after the latest inflation print came in higher than expected, while U.S. stock markets also moved lower. The S&P/TSX composite index closed down 273.94 points at 20,218.89. A hotter-than-expected inflation reading 'really spooked' Canadian equity markets Tuesday, said Kevin Burkett, portfolio manager at Victoria-based Burkett Asset Management. Year-over-year inflation was four per cent in August, higher than
Read more »
Saudi energy minister says markets need light-handed regulationAt the World Petroleum Congress in Calgary, Saudi Arabia's energy minister defended OPEC+ cuts to oil market supply and took aim at the International Energy Agency.
Read more »
TSX declines, U.S. stock markets flat as U.S. Federal Reserve rate decision loomsTORONTO — Losses in technology and base metal stocks helped lead a broad-based decline as Canada's main stock index fell almost 130 points, while U.S. stock markets lost steam midway through the trading day to essentially end flat.
Read more »
Asian Stocks Under Pressure With Fed in Focus: Markets Wrap(Bloomberg) -- Stocks declined in Asia after Wall Street posted modest losses ahead of the Federal Reserve’s policy decision, with traders betting interest rates will be higher for longer to curb inflation.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVanderbilt Rips US News Over Slide in College RankingsBenchmark indexes traded
Read more »
Gold price firmer amid bullish outside marketsSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Read more »