Truist Cuts Blue Owl Technology Finance Corp. (OTF) Price Target to $16 from $17
Yahoo Finance· 2026-03-03 12:02
On February 23, Truist lowered its price target on Blue Owl Technology Finance Corp. (NYSE:OTF) to $16 from $17 and maintained a Buy rating following Q4 results. The firm updated its model to reflect higher top-line expectations and increased expenses, noting that leverage rose faster than anticipated. The modest decline in estimates primarily reflects higher assumed debt costs and lower other income projections. The same day, Keefe Bruyette lowered its price target to $13 from $16 and maintained a Market P ...
Citi Raises Ethos Technologies Inc. (LIFE) Price Target to $16 from $15
Yahoo Finance· 2026-03-03 12:02
Disclosure: None. Follow Insider Monkey on Google News. Citi Raises Ethos Technologies Inc. (LIFE) Price Target to $16 from $15 The same day, Ethos Technologies Inc. (NASDAQ:LIFE) had reported Q4 revenue of $110.1 million, exceeding consensus expectations of $108.32 million. Management highlighted 65% year-over-year revenue growth in the quarter, reflecting significant scale expansion. CEO and Co-Founder Peter Colis emphasized that the results demonstrate not only exceptional top-line performance but also g ...
DA Davidson Cuts Criteo S.A. (CRTO) Price Target to $28.50 from $38
Yahoo Finance· 2026-03-03 12:02
Criteo S.A. (NASDAQ:CRTO) is among the 11 Best Low Priced Growth Stocks to Buy Right Now. On February 12, DA Davidson analyst Tom White lowered the firm's price target on Criteo S.A. (NASDAQ:CRTO) to $28.50 from $38 but maintained a Buy rating following a Q4 earnings miss. The company's outlook also came in meaningfully below expectations, with management citing seasonal impacts from Retail Media client scope reductions, one-time tiered fee revenue recognized in January, and softer spending trends among fas ...
Medline Inc. announces launch of secondary offering of Class A common stock
Globenewswire· 2026-03-03 12:02
Core Viewpoint - Medline Inc. is not selling any shares in the public offering, which involves 75,000,000 shares of its Class A common stock being offered by certain selling stockholders affiliated with major investment firms [1][2] Group 1: Offering Details - The selling stockholders intend to grant underwriters a 30-day option to purchase an additional 11,250,000 shares of Medline's Class A common stock [1] - Goldman Sachs & Co. LLC, Morgan Stanley, BofA Securities, and J.P. Morgan are acting as global coordinators and joint bookrunning managers for the offering [2] - The offering will be made only by means of a prospectus, and copies of the preliminary prospectus can be obtained from the mentioned financial institutions [3] Group 2: Company Overview - Medline is the largest provider of medical-surgical products and supply chain solutions, serving all points of care globally [5] - The company has a broad product portfolio, resilient supply chain, and leading clinical solutions aimed at improving healthcare providers' clinical, financial, and operational outcomes [5] - Medline is headquartered in Northfield, Illinois, employs over 45,000 people worldwide, and operates in more than 100 countries [5]
Accenture to Acquire Ookla to Strengthen Network Intelligence and Experience with Data and AI For Enterprises
Businesswire· 2026-03-03 12:02
BARCELONA, Spain--(BUSINESS WIRE)--Accenture has entered into an agreement to acquire Ookla. ...
CrowdStrike Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - CrowdStrike Holdings (NASDAQ:CRWD)
Benzinga· 2026-03-03 12:01
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period. Considering buying CRWD stock? Here's what analysts think: Photo via Shutterstock CrowdStrike Holdings, Inc. (NASDAQ:CRWD) will release earnings results for its fourth quarter, after the closing bell on Tuesday, March 3. A ...
Orange Business partners with Tech Mahindra for enterprise digital solutions
Yahoo Finance· 2026-03-03 12:01
French telecommunications firm Orange Business and Indian IT services and consulting company Tech Mahindra have entered exclusive negotiations to establish a global strategic partnership aimed at advancing digital transformation for enterprise customers worldwide. Orange Business will continue overseeing end-to-end services for key areas, particularly within France, ensuring adherence to French and European regulations. The partnership seeks to enhance operational efficiency, expand international reach, and ...
Best Buy's holiday sales disappoint, but retailer shows progress in growing profits
CNBC· 2026-03-03 12:01
Sign at the main entrance to a Best Buy store in Venice, Florida. For about four years, Best Buy has pinned its slower sales on more price-sensitive U.S. consumers, a slower housing market and less tech innovation. All of those factors have caused some shoppers to delay tech purchases, particularly big-ticket items like new refrigerators. Higher tariffs have also added costs for Best Buy, since many consumer electronics are imported. Comparable sales dropped 0.8% in the fourth quarter as the company saw sof ...
Versant debut earnings report shows continued pay TV pressure, digital growth
CNBC· 2026-03-03 12:01
Net income attributable to Versant was $930 million, and the company reported $2.18 billion in standalone adjusted earnings before interest, taxes, depreciation and amortization. The company's board also declared a $0.375 per share quarterly dividend, which represents an annualized dividend of $1.50 per share, and authorized a $1 billion share repurchase program. Due to its low debt load and high-margin business, Versant executives have said they plan to return value to shareholders. Mark Lazarus, CEO of Ve ...
Smith & Nephew plc (SNN) Surpasses Earnings and Revenue Estimates
Financial Modeling Prep· 2026-03-03 12:00
Smith & Nephew plc reported adjusted earnings per share of $1.02 for the full year (up 21% from the prior year). Fourth-quarter revenue reached $1.70 billion, beating consensus estimates of approximately $1.67–1.68 billion. Full-year revenue was $6.16 billion, exceeding consensus estimates of approximately $6.14 billion. Operating profit rose by 20.7% to $794 million, and free cash flow increased by 52.5% to $840 million. Smith & Nephew plc, trading as NYSE:SNN, is a British company specializing in medical ...