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Mizuho initiated Home Depot with a buy rating, calling for roughly 10% upside. The bank upgraded shares of the industrial equipment manufacturer to a buy rating. Analyst Manav Gupta also lifted his price target to $170 from his prior target of $152. Analyst Gavin Parsons reiterated his buy rating on the stock and price target of $275. The bank initiated coverage of the home improvement stock at a buy rating, setting a price target of $415.

Persons: Mizuho, Manav Gupta, Howden, Gupta, GTLS, — Lisa Kailai Han, Gavin Parsons, Parsons, Fred Imbert, David Bellinger, Bellinger, Wells Fargo, Aaron Rakers, Goldman Sachs, Toshiya Hari, Bernstein's Stacy Rasgon, Taylor Swift, Jensen, Huang Organizations: CNBC, UBS, Boeing, Nvidia, Industries, YE2026E, Department of Energy, Alaska Airlines, Mizuho, SAP Center, Blackwell, ~$ Locations: Howden, GTLS, Mizuho, San Jose

☆ Fed's favorite inflation gauge looms next week — plus, what we want from 2 portfolio earnings reports
▼ + stars: | 2024-02-24 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Wall Street returned to its winning ways this week — and Nvidia 's blowout earnings report Wednesday night was a big reason why. Twenty-six of our 32 portfolio stocks have delivered their results this earnings season (we didn't own Abbott Labs at the time of its report). It was a muted week for macroeconomic data, but we did get a slightly better-than-expected January existing home sales report on Thursday. In the week ahead, two more Club names are set to report earnings before a market-moving economic update arrives Thursday morning. The two other reports of note are the January new home sales report on Monday and ISM Manufacturing report on Friday.

Persons: Dow, we'll, bode, We're, Li Auto, Krystal, Arcutis, MARA, Iovance, Goldman Sachs BDC, CRON, BUD, Papa, LEV, Ginkgo, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nvidia, Nasdaq, Dow Jones, Dow, Palo Alto Networks, Bausch Health, Coterra Energy, Abbott, Companies, TJX, Marshalls, TJX Companies, Berkshire Hathaway, Krystal Biotech, Alpha Metallurgical Resources , Inc, Fidelity National Information Services Inc, Animal Health, ELAN, Public Service Enterprise Group, Surgery Partners, BioCryst Pharmaceuticals Inc, Outdoor Holdings, Enlight Renewable Energy Ltd, Kosmos Energy, Playtika, Video Communications, TiRobot Corp, IRB, SBAC Communications Corporation, HEICO Corporation, FS KKR, Archer Aviation Inc, TransMedics, Sterling Construction Company, AES, Cruise Line Holdings, Lowe's Companies, American Electric Power Company, Bank of Nova, APLS Pharmaceuticals, Bank of Montreal, BMO, Devon Energy, Solar Inc, Technologies, Lab, Virgin Galactic Holdings, Splunk Inc, eBay, EBAY, Luminar Technologies, Agilent Technologies, G Foods, Masimo Corp, Baidu, Parts Inc, Icahn Enterprises, Viatris Inc, ACM Research, Golden Ocean Group, EMCOR, Industries, NRG Energy, Dycom, Editas, UWM Holdings Corporation, Vistra Energy, Marathon Digital Holdings, AMC Entertainment Holdings, Paramount Global, IonQ Inc, International, HP, Monster Beverage Corporation, Cronos, Birkenstock Holding, Anheuser, Busch InBev, Body, Brink's Company, Flags Inc, Papa John's, ACI, Hormel, Lion Electric Company, BlackRock TCP, Dole plc, DOLE, Fisker Inc, Dell Technologies, Ginkgo Bioworks Holdings, Autodesk, Green Brick Partners, Hewlett Packard Enterprise, Veeva Systems, INTTEST Corporation, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: New York City, U.S, Salesforce, Maxx, Bank of Nova Scotia, BlackRock, Cayman

☆ This energy equipment stock could soar as much as 35%, Wells Fargo says
▼ + stars: | 2023-08-09 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

This liquified natural gas equipment provider's stock could add more than 35% in value, according to Wells Fargo. The firm upgraded Chart Industries to overweight from equal weight Wednesday with a $224 per share price target, up from $162. GTLS YTD mountain Chart Industries stock has climbed more than 43% from the start of 2023. Chart Industries provides equipment used to produce and store liquefied natural gas and other industrial fuels. The company estimated $655 million to $705 million in cash can be used to slash its debt this year.

Persons: Roger Read, Howden, Read, — CNBC's Michael Bloom Organizations: Industries Locations: Wells Fargo, Howden

☆ Here are Wednesday's biggest analyst calls: Nvidia, Rivian, Peloton, UPS, Eli Lilly, DraftKings and more
▼ + stars: | 2023-08-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

UBS reiterates Home Depot and Lowe's as buy UBS said it sees next week's earnings reports for the home improvement retailers as a "low impact" event. JPMorgan upgrades DraftKings to neutral from underweight JPMorgan upgraded DraftKings mainly on valuation after Disney and Penn announced a partnership Tuesday. Bank of America reiterates Rivian as buy Bank of America said the electric vehicle maker is in the right place at the right time. UBS downgrades UPS to neutral from buy UBS downgraded the stock after its earnings report Tuesday and said it's concerned about cost pressures. Bank of America reiterates Nvidia as buy Bank of America said it's standing by its buy rating on the stock. "

Persons: BTIG, it's, JPMorgan, Berenberg, Marqeta, Rivian, Jefferies, Eli Lilly, GLP, LLY, Wells, Wells Fargo, Jensen Huang, Goldman Sachs Organizations: Bank of America, Walmart, UBS, JPMorgan, Disney, Penn, Barclays, Dish, State, EV, UPS, Industries, " Bank of America, Nvidia Locations: 2Q24, LLY, GTLS

☆ This little-known clean energy play is gaining momentum and could jump nearly 70%, says Stifel
▼ + stars: | 2023-06-08 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to buy Chart Industries as the clean energy play gathers momentum, Stifel said. This comes after Stifel hosted Chart Industries CEO Jill Evanko at its own conference. GTLS 1D mountain Chart Industries shares 1-day Those bullish comments are partly driven by Chart Industries' recent acquisition of Howden , a maker of air and gas products, earlier this year. "With a 40% capture rate, which they expect, this potentially presents $320 million for the next 12 months," Nolan wrote. Additionally, Chart Industries should benefit from strong and growing demand, especially as the government ramps up spending in clean energy technology.

Persons: Stifel, Benjamin Nolan, Nolan, Jill Evanko, — CNBC's Michael Bloom Organizations: Industries Locations: Howden

☆ Chart to buy industrial tool maker Howden for $4.4 bln in clean energy bet
▼ + stars: | 2022-11-09 | by ( Andreas Rinke | Miranda Murray | ) www.reuters.com time to read: +1 min

Nov 9 (Reuters) - U.S. manufacturer Chart Industries Inc (GTLS.N) said on Wednesday it would buy UK-based industrial equipment maker Howden for $4.4 billion, in a bet on growing demand for clean energy technology. Chart makes engineering equipment used in liquefied natural gas, hydrogen, biogas and carbon dioxide capture industries, while Scotland-based Howden manufactures fans, steam turbines and other air and gas handling equipment. Atlanta-based Chart will buy Howden from private equity firm KPS Capital Partners through a combination of cash and preferred stock. The company has $3.38 billion of fully committed bridge financing in place from J.P. Morgan and Morgan Stanley. Reporting by Priyamvada C in Bengaluru; Editing by Devika Syamnath and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

☆ Clean-energy deal seals fate for cross-border M&A
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Nov 9 (Reuters Breakingviews) - A strong dollar may tempt U.S. companies to shop abroad, but a deal unveiled on Wednesday will take any remaining steam out of such notions. The war in Ukraine, inflation and other factors already have hit cross-border M&A. Roughly $1 trillion of cross-border deals have been announced this year, a nearly 40% drop from a year earlier, per Refinitiv. Such risks probably help explain why Chart lost $2 billion in market capitalization, despite $250 million a year of promised cost savings. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

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