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Search resuls for: "UGI"


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Salesforce — The cloud software company saw its stock jump 3% after it announced quarterly results and guidance that surpassed Wall Street's expectations. Dollar General — The discount retail chain plunged 12.2% Thursday after reporting second-quarter earnings per share of $2.13, which was lower than the StreetAccount consensus estimate of $2.47. Ciena — The network equipment stock surged nearly 16% after topping Wall Street's fiscal third-quarter earnings expectations on the top and bottom lines. Okta — Okta shares surged 13.5% after the access management company topped analysts' second-quarter earnings expectation and issued a strong full-year outlook. Victoria's Secret — The intimate apparel stock popped nearly 7% even after missing second-quarter earnings expectations on both the top and bottom lines.
Persons: Salesforce, Marc Benioff, CrowdStrike, Ciena, Morgan Stanley, Shopify, StreetAccount, Chewy, UGI, Raymond James, , Macheel, Sarah Min, Yun Li, Alex Harring, Michelle Fox, Pia Singh, Jesse Pound Organizations: Aphria Inc, U.S . Department of Health, Human Services, Tilray Brands, Cronos, Revenue, Technologies, Arista Networks, Citi, Refinitiv, StreetAccount, Signet, UBS — U.S, Suisse Locations: Leamington , Ontario, Switzerland
UGI Corporation has room to grow despite near-term headwinds, according to Wells Fargo. Analyst Sarah Akers upgraded the natural gas and propane distributor to overweight from equal weight and lowered her price target by $1 to $27. Akers' new target suggests shares could still gain 19% in the next year from where shares closed Friday. The turnaround that Wells expects at UGI comes after the stock lost more than 19% in 2022. Wells also sees additional upside potential to its outlook and price target, should UGI successfully reboot volumes and margins at recently acquired AmeriGas.
Persons: Sarah Akers, Akers, UGI, Wells, — CNBC's Michael Bloom Organizations: UGI Corporation, UGI Locations: Wells Fargo, United States, U.S, UGI
UBS reiterates Netflix as buy UBS said it's standing by its buy rating on shares of the streaming giant. Morgan Stanley reiterates Ambarella as overweight Morgan Stanley said it's bullish on shares of the semiconductor company heading into earnings this week. " UBS reiterates Disney as buy UBS said it's standing by its buy rating on shares of the entertainment giant. Morgan Stanley downgrades CrowdStrike to equal weight from overweight Morgan Stanley said it's cautious heading into earnings later this week. Morgan Stanley names LifeStance Health Group a top pick Morgan Stanley said shares of the behavioral health company are compelling.
Persons: Tesla, Canaccord, it's bullish, it's, Morgan Stanley, Ambarella, JMP, Piper Sandler, Piper, Bernstein, L3Harris, Evercore, Jefferies, Morgan Stanley downgrades CrowdStrike, Zimmer, BTIG, Wells, Dwight, Truist, Wolfe, Stifel, defensives Organizations: UBS, Netflix, Disney, Pagaya Technologies, MCW, OW, JetBlue, " Bank of America, Bank of America, Akero Therapeutics, RBC, Tetra Tech, Tech, Amazon, LifeStance Health, Mobility, UGI Corporation, TAM, Nike, NIKE, Endeavor Group, Media, Entertainment, Costco, AutoZone, Walmart Locations: China, Underperform, ORLY
RPT Realty — RPT Realty shares surged 17% after Kimco Realty, an operator of open-air shopping centers, said it would acquire the real estate investment trust in a roughly $2 billion all-stock deal. Mister Car Wash — The car wash stock advanced 6.1% on the back of an upgrade to overweight from neutral by Piper Sandler. Alibaba Group , JD.com — Alibaba and JD.com each added more than 2% after the Chinese government announced measures to boost its stock market, including reducing a tax on trading. Xpeng — Shares of the Chinese electric car company jumped 5.3% after the firm said it is buying Didi's smart electric car development business in an exchange of shares worth $744 million. Meanwhile, Xpeng said it plans to develop an electric car for launch next year under a new mass market brand.
Persons: Conor Flynn, Piper Sandler, — CrowdStrike, Morgan Stanley, , Xpeng, Wells, Sarah Akers, Micron Technology — Stocks, — CNBC's Alexander Harring, Hakyung Kim, Yun Li, Jesse Pound, Pia Singh, Samantha Subin Organizations: RPT, Realty, Kimco Realty, Boston, Boston Scientific, Bloomberg, 3M, Akero Therapeutics, Therapeutics, UBS, Alibaba, Micron Technology —, Micron Technology, Marvell Technology, Semiconductors Locations: Xpeng
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