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Core & Main's Stock Undervalued, Analyst Says; Leadership Shake-Up Comes With Performance Incentives
Wednesday, March 26, 2025 - 2:36pm | 462Core & Main Inc. (NYSE:CNM) reported on Tuesday fourth-quarter earnings of 33 cents per share, missing the consensus of 36 cents. Net sales increased 17.9% year-over-year to $1.69 billion, almost in line with the consensus estimate of $1.67 billion. Net sales increased primarily due...
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JPMorgan Upgrades DuPont De Nemours On Valuation
Monday, October 4, 2021 - 12:24pm | 399DuPont de Nemours Inc.’s (NYSE: DD) stock has lost 3% since its December peak versus 17% gains in the sector during the same period and appears to have been “over-driven to the downside,” according to JPMorgan. The DuPont De Nemours Analyst: Stephen Tusa upgraded the...
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Why JPMorgan Says 3M's Valuation Is Attractive
Wednesday, January 27, 2021 - 12:51pm | 269The risks from PFAS chemicals are already reflected in 3M Co’s (NYSE: MMM) stock, and the company achieving “a level of sustainable earnings” supports upside, according to JPMorgan. The 3M Analyst: Stephen Tusa upgraded 3M from Neutral to Overweight and raised the price...
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PreMarket Prep Stock Of The Day: General Electric
Monday, March 2, 2020 - 1:25pm | 549Benzinga's PreMarket Prep airs every morning from 8-9:00 a.m. EST. During that fast-paced highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day, the...
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JPMorgan's Stephen Tusa Expresses More Conviction In Bearish GE Thesis After Aviation Deep Dive
Friday, October 4, 2019 - 12:11pm | 446Even after gaining 13.8% year to date in 2019, General Electric Company (NYSE: GE) shares are still down more than 70% overall in the past three years. A top GE bear said Friday that consensus expectations for GE’s core Aviation segment are still too high. The Analyst JPMorgan analyst Stephen...
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JPMorgan: Why GE's Earnings Beat Wasn't Really A Beat
Wednesday, September 18, 2019 - 9:42am | 495General Electric Company (NYSE: GE) shares are up 12.9% so far in the month of September on renewed optimism about the company’s long-term turnaround plan. However, one analyst thinks the optimism appears misplaced given there are few signs of improvement in GE’s core Power business....
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How GE Investors Could Benefit From The Boeing Groundings
Wednesday, July 24, 2019 - 3:10pm | 644JPMorgan analyst and General Electric Company (NYSE: GE) bear Stephen Tusa said this week the grounding of the Boeing Co (NYSE: BA) 737 Max could be good news for GE’s numbers when it reports second-quarter earnings July 31. On Tuesday, Gordon Haskett analyst John Inch said GE’s second-...
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How Much Damage Did Tusa's Downgrade Do To GE's Technical Picture?
Monday, April 8, 2019 - 2:41pm | 487General Electric Company (NYSE: GE) tumbled more than 7 percent Monday after JPMorgan analyst Stephen Tusa downgraded the stock from Neutral to Underperform and lowered their price target to just $5. GE’s share price was off to a hot start to 2019 prior to the downgrade, but a look at the...
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JPMorgan Downgrades GE, Says Wall Street 'Significantly Over Projecting' Cash Flow
Monday, April 8, 2019 - 9:31am | 371After a horrible couple of years for General Electric Company (NYSE: GE) investors, the stock bounced back significantly in the first quarter of 2019. Unfortunately, one Wall Street analyst said Monday the stock’s year-to-date gains are pricing in too much optimism for GE. The Analyst...
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General Electric's Power Business Is Flickering, Company 'Long Way' From Seeing Turnaround
Wednesday, March 6, 2019 - 3:47pm | 464Wall Street is having trouble seeing the light when it comes to a turnaround for General Electric Co. (NYSE: GE)'s weak Power business. Powering Down Analysts said GE's Tuesday announcement of more coming financial woes in 2019 was worse than expected and the notion that the Power...
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Analysts Remain Skeptical Amid General Electric's Aggressive Asset Sales
Monday, March 4, 2019 - 8:41am | 817After a disastrous couple of years, General Electric Company (NYSE: GE) is off to a red-hot start to 2019, up 39 percent year-to-date. A large part of that market optimism has been based on GE’s successful asset sales in the first part of the year, but the obvious question for long-term...
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Analyst: General Electric Just Took A 'Couple Of Steps Backward'
Monday, January 28, 2019 - 1:30pm | 454General Electric Company (NYSE: GE) jumped more than 4 percent Friday after the company announced a restructuring of its upcoming Wabtec transportation spin-off. The market took the news as a positive for the stock, but one analyst said investors may be missing the big picture. The Analyst JPMorgan...
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GE Gets Big Upgrade As Longtime JPMorgan Bear Lifts Rating
Thursday, December 13, 2018 - 10:38am | 407JPMorgan's multi-year bearish stance on General Electric Company (NYSE: GE) stock has come to an end after underperforming the electrical equipment and multi-industry sector by 11,000 basis points since May 2016. The Analyst JPMorgan's Stephen Tusa, Jr. upgraded General Electric from...
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Things Are Going From Bad To Worse For GE
Monday, November 12, 2018 - 1:35pm | 566Even with General Electric Company (NYSE: GE)'s stock down more than 74 percent in the past three years, Wall Street analysts are still saying investors should still think twice about buying the dip. Credit Suisse analyst John Walsh on Monday reiterated his Neutral rating and lowered his price...
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A Gas Turbine Issue Turns A General Electric Bear Even Grizzlier
Thursday, September 20, 2018 - 5:49pm | 405General Electric Company (NYSE: GE) shares have lost roughly a quarter of their value year-to-date, even as the company is embarking on a multiyear transformation plan to turnaround operations and refocus on core industrial businesses. An analyst with the lowest price target on the sell-...