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Fly News Breaks for January 6, 2020
TRP, RPAY, CMP, STM, AMRN
Jan 6, 2020 | 10:10 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Amarin (AMRN) initiated with a Neutral at JPMorgan. 2. STMicroelectronics (STM) initiated with a Hold at Jefferies. 3. Compass Minerals (CMP) initiated with a Buy at CL King. 4. Repay Holdings (RPAY) initiated with a Buy at SunTrust. 5. TC Energy (TRP) initiated with an Underweight at Morgan Stanley. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
News For AMRN;STM;CMP;RPAY;TRP From the Last 2 Days
STM
Apr 26, 2024 | 12:03 EDT
STM
Apr 26, 2024 | 11:43 EDT
CMP
Apr 26, 2024 | 07:15 EDT
STM
Apr 26, 2024 | 06:05 EDT
CMP
Apr 26, 2024 | 05:29 EDT
Loop Capital analyst Chris Kapsch upgraded Compass Minerals to Buy from Hold with a price target of $23, down from $26.
STM
Apr 25, 2024 | 06:01 EDT
The company said, "We will now drive the Company based on a revised plan for FY24 revenues in the range of $14 billion to $15 billion. Within this plan, we expect a gross margin in the low 40's. We plan to maintain our Net Capex1 plan for FY24 at about $2.5 billion focusing on our strategic manufacturing initiatives."
STM
Apr 25, 2024 | 05:59 EDT
STM
Apr 25, 2024 | 05:57 EDT
Reports Q1 revenue $3.47B, consensus $3.61B. Jean-Marc Chery, ST President & CEO, commented: "Q1 net revenues and gross margin both came in below the midpoint of our business outlook range, driven by lower revenues in Automotive and Industrial, partially offset by higher revenues in Personal Electronics."
