Citizens analyst Brian McKenna raises Main Street Capital's price target to $74, citing its scale and diversified portfolio as key drivers for steady growth in a shifting private capital landscape. The firm's recent full exit from KBK Industries underscores its successful investment strategy.
Analysts at BTIG identify mortgage REIT Dynex Capital as a top pick to capitalize on a federal directive for GSEs to purchase up to $200 billion in mortgage-backed securities, a move expected to compress spreads and lift valuations.
Amid a challenging 2025, Cantor Fitzgerald forecasts a more constructive environment for equity REITs next year. LTC Properties, a key player in senior housing, underscores this shift with a major acquisition and a strategic pivot towards its operating portfolio.
The tax preparation giant reported stronger-than-expected fourth-quarter sales, driven by its core services. However, analysts point to slowing demand trends and a challenging road ahead for the seasonal business.
Investment firm Evercore ISI initiates coverage on Phillips Edison & Company with an Outperform rating, highlighting its portfolio of necessity-focused retail centers as a key strength in uncertain economic times.
Barclays has initiated coverage on Apple Hospitality REIT (NYSE:APLE) with an Overweight rating and a $14 price target, positioning the hotel-focused trust as a standout in a sector often viewed by investors as a short-term play rather than a source of durable returns.
Deutsche Bank sees value in Realty Income Corporation (NYSE: O) despite projecting a prolonged period of underperformance for the REIT sector relative to the S&P 500, driven by a challenging macroeconomic outlook.
Goldman Sachs initiates coverage on Healthpeak Properties (DOC) with a neutral stance, highlighting improving occupancy trends and cash flow visibility in its senior housing segment, while the REIT moves forward with plans to spin off its senior housing assets into a new public entity.
Despite a recent 4.8% weekly slide, institutional backers of Tabcorp Holdings (ASX:TAH) remain significant beneficiaries of the stock's 35% annual gain. With institutions controlling 64% of shares, their influence on board decisions is substantial, though recent volatility underscores the risks of concentrated ownership.
Wells Fargo raises AGNC Investment Corp.'s price target to $12, citing anticipated Federal Reserve rate cuts as a key driver for the mortgage REIT's net interest income and book value stability in the coming year.
RBC Capital has reaffirmed its Outperform rating on Agree Realty Corporation (ADC) while slightly adjusting its price target, noting the REIT's fourth-quarter acquisition activity aligned with its own projections. The firm highlights the company's sustained portfolio growth and robust dividend track record as key pillars of its investment thesis.
In a strategic shift, PepsiCo announces permanent price reductions of up to 15% on flagship snack brands like Lay's, Doritos, and Cheetos, responding to economic strain and aiming to revitalize North American sales.
A U.S. federal judge has denied Elon Musk's motion to dismiss an SEC lawsuit alleging he improperly delayed disclosing his significant Twitter share acquisitions in 2022, setting the stage for a legal battle over securities disclosure rules.
Enphase Energy (ENPH) reported fourth-quarter revenue that surpassed Wall Street forecasts, though sales declined year-over-year. The company's upbeat guidance for the current quarter sent its shares sharply higher, signaling potential stabilization after a prolonged downturn.
Varonis Systems (NASDAQ: VRNS) delivered a stronger-than-expected fourth quarter, with revenue climbing 9.4% to $173.4 million. The data security firm issued upbeat guidance and highlighted robust SaaS growth as it advances toward a full cloud transition.
Match Group forecasts first-quarter revenue above Wall Street expectations, signaling its strategic pivot towards quality and safety is gaining traction. While paying users declined, heavy investment in AI-driven features for Tinder and Hinge aims to rebuild trust and drive long-term growth.
Sonos (NASDAQ: SONO) reported stronger-than-expected fourth-quarter earnings, though revenue remained flat year-over-year. While cost controls boosted profitability, analysts point to stagnant sales over a multi-year period as a key concern for the audio specialist.
Biotech giant Amgen (AMGN) posted fourth-quarter revenue of $9.87 billion, topping analyst forecasts and signaling robust demand for its portfolio of innovative therapies. The company's full-year outlook also exceeded expectations, though margin pressures remain a watchpoint for investors.
Josh D’Amaro, a 30-year Disney veteran and lifelong fan, has been named the company's next CEO. His journey from a strategic planning role to overseeing the global parks empire positions him to steer the entertainment giant through a period of significant investment and political challenges.
Take-Two Interactive has raised its annual bookings forecast, fueled by strong performance across its portfolio of premium and mobile games. The company remains on track for the November release of 'Grand Theft Auto VI,' which is poised to set a new financial benchmark for the publisher.
