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Earnings
MarketBeat • 3d ago
Tidal Investments LLC Purchases 43,207 Shares of Medtronic PLC $MDT

Tidal Investments LLC increased its stake in Medtronic PLC by 17.5% during the second quarter, acquiring an additional 43,207 shares to bring its total holdings to 290,007 shares valued at $22.7 million. Medtronic reported strong quarterly results, exceeding expectations with adjusted EPS of $1.45 and revenue of $9.76 billion, a 13.7% year-over-year increase. Analysts currently hold a "Moderate Buy" consensus rating for MDT with an average price target of $103.92, while the company also declared

Earnings
MarketBeat • 3d ago
CVS Health Corporation $CVS Shares Bought by Tidal Investments LLC

Tidal Investments LLC increased its stake in CVS Health Corporation by 14.6% in the second quarter, bringing its total holdings to 235,491 shares valued at approximately $24.4 million. This comes as CVS Health reported strong quarterly earnings, exceeding consensus estimates with $2.58 EPS and $106.1 billion in revenue. Despite positive analyst sentiment and an attractive valuation, the company faces risks from elevated medical costs and concerns regarding Aetna's margins.

Earnings
Investing.com • 3d ago
Wells Fargo initiates Bread Financial stock with $115 target

Wells Fargo has initiated coverage on Bread Financial Holdings (NYSE:BFH) with an Equal Weight rating and a price target of $115. The firm notes that Bread Financial has significantly outperformed its card-issuing peers, driven by improvements in its balance sheet and credit metrics. The company's loan growth, new partnerships, and declining net charge-off rates are key factors contributing to its positive momentum.

Earnings
MarketBeat • 3d ago
United Rentals, Inc. $URI Stake Reduced by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company reduced its stake in United Rentals (URI) by 6.0% in Q2 2026, selling 40,058 shares and retaining 632,126 shares valued at $716.1 million. Despite this reduction, institutional investors collectively own 96.26% of the company. United Rentals exceeded quarterly expectations with EPS of $12.76 and revenue of $4.41 billion, and analysts maintain a "Moderate Buy" rating with an average price target of $1,230.88.

Earnings
MarketBeat • 3d ago
Tidal Investments LLC Boosts Position in United Rentals, Inc. $URI

Tidal Investments LLC significantly increased its stake in United Rentals (NYSE:URI) by 109.4% in the second quarter, now holding 14,447 shares valued at $16.4 million. This move comes as institutional investors collectively own 96.26% of the company, which reported strong quarterly earnings of $12.76 per share and $4.41 billion in revenue, surpassing analyst estimates. Despite recent stock fluctuations, analysts maintain a "Moderate Buy" rating with an average price target of $1,230.88, and the

Earnings
MarketBeat • 4d ago
The Home Depot, Inc. $HD Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company reduced its stake in The Home Depot, Inc. by 4.1% in Q2 2026, selling 29,759 shares while still retaining a significant holding. This comes as Home Depot exceeded earnings expectations with strong revenue growth and declared a quarterly dividend. Despite positive aspects like professional customer growth and digital sales, concerns remain regarding housing weakness, cost pressures, and declining store traffic.

Earnings
Investing.com • 4d ago
Wells Fargo cuts Kimberly-Clark stock price target on earnings concerns

Wells Fargo has lowered its price target for Kimberly-Clark (NYSE:KMB) stock from $110 to $105, maintaining an Equal Weight rating, due to increasing concerns about the company's earnings outlook. The firm cited challenges in Q2 2026, including new competition in North America and headwinds in China, suggesting a potential guidance cut for 2026. Despite these concerns, InvestingPro analysis indicates the stock might be undervalued, and other firms like Freedom Broker and Piper Sandler have recen

Earnings
Investing.com • 4d ago
BofA cuts Apple stock price target to $370 on margin pressure

BofA Securities has lowered its price target for Apple Inc. (NASDAQ:AAPL) to $370 from $380, citing potential gross margin pressure from lower-than-expected new iPhone pricing despite higher unit sales. The firm maintained a Buy rating, adjusting its 2027 earnings estimate and valuing the stock at 37 times this revised estimate. This comes amidst varied analyst opinions following Apple's recent product launches, including the iPhone Duo, with some analysts highlighting revenue potential while ot

Earnings
Investing.com • 4d ago
Wells Fargo cuts Core & Main stock price target on margin concerns

Wells Fargo has lowered its price target for Core & Main Inc. (NYSE: CNM) to $48 from $65, while maintaining an Overweight rating, due to concerns about margin fluctuations despite better-than-expected Q2 earnings. The firm adjusted its fiscal Q3 projections, particularly for gross margin, but expects EBITDA margin expansion in Q4. Core & Main reported Q2 fiscal 2026 adjusted EPS of $0.94 on $2.14 billion in revenue, with sales up 2.5% year-over-year, and maintained its full-year guidance.

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