Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
Barnes Group price target raised to $37 from $29 at Truist » 07:24
01/09/23
01/09
07:24
01/09/23
07:24
B

Barnes Group

$43.04 /

+1.42 (+3.41%)

Truist analyst Michael…

Truist analyst Michael Ciarmoli raised the firm's price target on Barnes Group to $37 from $29 and keeps a Hold rating on the shares as part of a broader research note titled "Aerospace & Defense 2023 Outlook - We Favor Defense and Aero Aftermarket". The challenges that wreaked havoc last year will continue to influence the sector in 2023, with a potential recession, ongoing supply chain pressures, and COVID recovery trajectory uncertainties warranting a cautious approach, the analyst tells investors in a research note. Investor mindset for 2023 should be focused toward defensive, best-of-breed, high quality, and recessionary-resistant names with a specific focus on relative outperformance, Ciarmoli adds.

ShowHide Related Items >><<
B Barnes Group
$43.04 /

+1.42 (+3.41%)

B Barnes Group
$43.04 /

+1.42 (+3.41%)

11/29/22 Oppenheimer
Barnes Group price target raised to $48 from $42 at Oppenheimer
10/12/22 Truist
Barnes Group price target lowered to $29 from $33 at Truist
10/10/22 Wolfe Research
Barnes Group initiated with a Peer Perform at Wolfe Research
07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
B Barnes Group
$43.04 /

+1.42 (+3.41%)

B Barnes Group
$43.04 /

+1.42 (+3.41%)

Over a month ago
Recommendations
Barnes Group price target raised to $48 from $42 at Oppenheimer » 08:38
11/29/22
11/29
08:38
11/29/22
08:38
B

Barnes Group

$39.92 /

-0.75 (-1.84%)

Oppenheimer analyst…

Oppenheimer analyst Christopher Glynn raised the firm's price target on Barnes Group to $48 from $42 following meetings with the company's management. The analyst keeps an Outperform rating on the shares.

ShowHide Related Items >><<
B Barnes Group
$39.92 /

-0.75 (-1.84%)

B Barnes Group
$39.92 /

-0.75 (-1.84%)

10/12/22 Truist
Barnes Group price target lowered to $29 from $33 at Truist
10/10/22 Wolfe Research
Barnes Group initiated with a Peer Perform at Wolfe Research
07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
04/19/22 Truist
Barnes Group price target lowered to $41 from $48 at Truist
B Barnes Group
$39.92 /

-0.75 (-1.84%)

B Barnes Group
$39.92 /

-0.75 (-1.84%)

Conference/Events
Barnes Group management to meet virtually with Oppenheimer » 04:55
11/28/22
11/28
04:55
11/28/22
04:55
B

Barnes Group

$40.55 /

+0.4 (+1.00%)

Virtual Meeting to be…

Virtual Meeting to be held on November 28 hosted by Oppenheimer.

ShowHide Related Items >><<
B Barnes Group
$40.55 /

+0.4 (+1.00%)

B Barnes Group
$40.55 /

+0.4 (+1.00%)

10/12/22 Truist
Barnes Group price target lowered to $29 from $33 at Truist
10/10/22 Wolfe Research
Barnes Group initiated with a Peer Perform at Wolfe Research
07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
04/19/22 Truist
Barnes Group price target lowered to $41 from $48 at Truist
B Barnes Group
$40.55 /

+0.4 (+1.00%)

B Barnes Group
$40.55 /

+0.4 (+1.00%)

Conference/Events
Barnes Group management to meet virtually with Oppenheimer » 10:17
11/23/22
11/23
10:17
11/23/22
10:17
B

Barnes Group

$39.61 /

+0.02 (+0.05%)

Virtual Meeting to be…

Virtual Meeting to be held on November 28 hosted by Oppenheimer.

ShowHide Related Items >><<
B Barnes Group
$39.61 /

+0.02 (+0.05%)

B Barnes Group
$39.61 /

+0.02 (+0.05%)

10/12/22 Truist
Barnes Group price target lowered to $29 from $33 at Truist
10/10/22 Wolfe Research
Barnes Group initiated with a Peer Perform at Wolfe Research
07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
04/19/22 Truist
Barnes Group price target lowered to $41 from $48 at Truist
B Barnes Group
$39.61 /

+0.02 (+0.05%)

B Barnes Group
$39.61 /

+0.02 (+0.05%)

Conference/Events
Barnes Group management to meet virtually with Oppenheimer » 17:22
11/22/22
11/22
17:22
11/22/22
17:22
B

Barnes Group

$39.59 /

+0.49 (+1.25%)

Virtual Meeting to be…

Virtual Meeting to be held on November 28 hosted by Oppenheimer.

ShowHide Related Items >><<
B Barnes Group
$39.59 /

+0.49 (+1.25%)

B Barnes Group
$39.59 /

+0.49 (+1.25%)

10/12/22 Truist
Barnes Group price target lowered to $29 from $33 at Truist
10/10/22 Wolfe Research
Barnes Group initiated with a Peer Perform at Wolfe Research
07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
04/19/22 Truist
Barnes Group price target lowered to $41 from $48 at Truist
B Barnes Group
$39.59 /

+0.49 (+1.25%)

B Barnes Group
$39.59 /

+0.49 (+1.25%)

Over a quarter ago
On The Fly
Fly Intel: Pre-market Movers » 09:11
10/28/22
10/28
09:11
10/28/22
09:11
XOM

Exxon Mobil

$107.85 /

+0.62 (+0.58%)

, CVX

Chevron

$178.10 /

+0.91 (+0.51%)

, NWL

Newell Brands

$15.66 /

-0.075 (-0.48%)

, B

Barnes Group

$35.22 /

+0.45 (+1.29%)

, AB

AllianceBernstein

$35.39 /

-0.38 (-1.06%)

, INTC

Intel

$26.26 /

-0.96 (-3.53%)

, PINS

Pinterest

$21.90 /

-0.15 (-0.68%)

, BLMN

Bloomin' Brands

$22.54 /

+0.65 (+2.97%)

, ABBV

AbbVie

$153.64 /

+0.92 (+0.60%)

, AON

Aon plc

$282.79 /

+5.73 (+2.07%)

, LYB

LyondellBasell

$82.53 /

+0.38 (+0.46%)

, AMZN

Amazon.com

$111.11 /

-4.58 (-3.96%)

, AAPL

Apple

$144.98 /

-4.52 (-3.02%)

Check out this morning's…

ShowHide Related Items >><<
XOM Exxon Mobil
$107.85 /

+0.62 (+0.58%)

PINS Pinterest
$21.90 /

-0.15 (-0.68%)

NWL Newell Brands
$15.66 /

-0.075 (-0.48%)

LYB LyondellBasell
$82.53 /

+0.38 (+0.46%)

INTC Intel
$26.26 /

-0.96 (-3.53%)

CVX Chevron
$178.10 /

+0.91 (+0.51%)

BLMN Bloomin' Brands
$22.54 /

+0.65 (+2.97%)

B Barnes Group
$35.22 /

+0.45 (+1.29%)

AON Aon plc
$282.79 /

+5.73 (+2.07%)

AMZN Amazon.com
$111.11 /

-4.58 (-3.96%)

ABBV AbbVie
$153.64 /

+0.92 (+0.60%)

AB AllianceBernstein
$35.39 /

-0.38 (-1.06%)

AAPL Apple
$144.98 /

-4.52 (-3.02%)

XOM Exxon Mobil
$107.85 /

+0.62 (+0.58%)

10/18/22 Jefferies
Exxon Mobil assumed at Buy from Hold at Jefferies
10/18/22 Citi
Exxon Mobil price target raised to $98 from $90 at Citi
10/10/22 KeyBanc
KeyBanc says 'clearly M&A upside' in Denbury share price
10/07/22 Wells Fargo
Exxon Mobil price target lowered to $109 from $116 at Wells Fargo
CVX Chevron
$178.10 /

+0.91 (+0.51%)

10/24/22 HSBC
Chevron downgraded to Hold from Buy at HSBC
10/19/22 Jefferies
Chevron initiated with a Hold at Jefferies
10/18/22 Citi
Chevron price target raised to $155 from $150 at Citi
09/12/22 Piper Sandler
Chevron price target raised to $190 from $189 at Piper Sandler
NWL Newell Brands
$15.66 /

-0.075 (-0.48%)

10/13/22 JPMorgan
Newell Brands price target lowered to $18 from $22 at JPMorgan
09/14/22 Jefferies
Newell Brands target lowered to $28, removed as 'Franchise Pick' at Jefferies
09/12/22 Barclays
Newell Brands price target lowered to $18 from $19 at Barclays
09/07/22 Raymond James
Newell Brands price target lowered to $23 from $26 at Raymond James
B Barnes Group
$35.22 /

+0.45 (+1.29%)

10/12/22 Truist
Barnes Group price target lowered to $29 from $33 at Truist
10/10/22 Wolfe Research
Barnes Group initiated with a Peer Perform at Wolfe Research
07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
04/19/22 Truist
Barnes Group price target lowered to $41 from $48 at Truist
AB AllianceBernstein
$35.39 /

-0.38 (-1.06%)

10/18/22 Credit Suisse
AllianceBernstein initiated with a Neutral at Credit Suisse
09/07/22 BofA
AllianceBernstein reinstated with a Neutral at BofA
09/07/22 BofA
AllianceBernstein reinstated with a Neutral at BofA
01/12/22 Citi
Citi ups AllianceBernstein target, opens '90-Day positive Catalyst Watch'
INTC Intel
$26.26 /

-0.96 (-3.53%)

10/28/22 Northland
Intel 'battleship turning, not sinking,' says Northland
10/28/22 Summit Insights
Summit Insights upgrades Intel to Buy on expectations for improved margins
10/28/22 Evercore ISI
Intel price target lowered to $30 from $40 at Evercore ISI
10/28/22 Summit Insights
Intel upgraded to Buy from Hold at Summit Insights
PINS Pinterest
$21.90 /

-0.15 (-0.68%)

10/28/22 Stifel
Pinterest 'a rare bright spot thus far through earnings,' says Stifel
10/28/22 Barclays
Pinterest price target raised to $25 from $23 at Barclays
10/28/22 Piper Sandler
Pinterest price target raised to $25 from $23 at Piper Sandler
10/05/22 Goldman Sachs
Pinterest upgraded to Buy at Goldman Sachs amid improved user growth trends
BLMN Bloomin' Brands
$22.54 /

+0.65 (+2.97%)

10/21/22 UBS
Bloomin' Brands initiated with a Neutral at UBS
08/01/22 BMO Capital
Bloomin' Brands price target lowered to $29 from $33 at BMO Capital
08/01/22 Deutsche Bank
Bloomin' Brands price target lowered to $28 from $30 at Deutsche Bank
07/18/22 Morgan Stanley
Bloomin' Brands price target lowered to $21 from $26 at Morgan Stanley
ABBV AbbVie
$153.64 /

+0.92 (+0.60%)

10/28/22 Piper Sandler
AbbVie top line 'light almost across the board,' says Piper Sandler
10/25/22 RBC Capital
AbbVie CF combo progressing, worth keeping eye on, says RBC Capital
10/13/22 Morgan Stanley
AbbVie named 'catalyst driven idea' at Morgan Stanley
10/11/22 Morgan Stanley
Revance initiated with an Equal Weight at Morgan Stanley
AON Aon plc
$282.79 /

+5.73 (+2.07%)

09/19/22 BofA
Aon plc reinstated with a Neutral at BofA
07/12/22 Jefferies
Aon plc price target lowered to $296 from $316 at Jefferies
07/12/22 Goldman Sachs
Aon plc initiated with a Neutral at Goldman Sachs
06/03/22 Morgan Stanley
Aon plc downgraded to Underweight from Equal Weight at Morgan Stanley
LYB LyondellBasell
$82.53 /

+0.38 (+0.46%)

10/17/22 Mizuho
LyondellBasell price target lowered to $88 from $113 at Mizuho
10/13/22 Goldman Sachs
LyondellBasell initiated with a Sell at Goldman Sachs
10/12/22 Morgan Stanley
LyondellBasell price target lowered to $100 from $115 at Morgan Stanley
10/11/22 BofA
LyondellBasell price target lowered to $77 from $95 at BofA
AMZN Amazon.com
$111.11 /

-4.58 (-3.96%)

10/28/22 DA Davidson
Amazon.com price target lowered to $114 from $151 at DA Davidson
10/28/22 Morgan Stanley
Amazon price target lowered to $140 from $175 at Morgan Stanley
10/28/22 Wedbush
Amazon.com price target lowered to $140 from $175 at Wedbush
10/28/22 Cowen
Amazon.com price target lowered to $150 from $195 at Cowen
AAPL Apple
$144.98 /

-4.52 (-3.02%)

10/28/22 Wedbush
Apple price target lowered to $200 from $220 at Wedbush
10/28/22 BofA
Apple challenges 'around the corner,' says BofA
10/28/22 Evercore ISI
Apple 'remains uniquely positioned' to sustain growth, says Evercore ISI
10/28/22 Baird
Apple price target lowered to $170 from $185 at Baird
XOM Exxon Mobil
$107.85 /

+0.62 (+0.58%)

PINS Pinterest
$21.90 /

-0.15 (-0.68%)

NWL Newell Brands
$15.66 /

-0.075 (-0.48%)

LYB LyondellBasell
$82.53 /

+0.38 (+0.46%)

INTC Intel
$26.26 /

-0.96 (-3.53%)

CVX Chevron
$178.10 /

+0.91 (+0.51%)

BLMN Bloomin' Brands
$22.54 /

+0.65 (+2.97%)

B Barnes Group
$35.22 /

+0.45 (+1.29%)

AON Aon plc
$282.79 /

+5.73 (+2.07%)

AMZN Amazon.com
$111.11 /

-4.58 (-3.96%)

ABBV AbbVie
$153.64 /

+0.92 (+0.60%)

AB AllianceBernstein
$35.39 /

-0.38 (-1.06%)

AAPL Apple
$144.98 /

-4.52 (-3.02%)

XOM Exxon Mobil
$107.85 /

+0.62 (+0.58%)

PINS Pinterest
$21.90 /

-0.15 (-0.68%)

NWL Newell Brands
$15.66 /

-0.075 (-0.48%)

INTC Intel
$26.26 /

-0.96 (-3.53%)

CVX Chevron
$178.10 /

+0.91 (+0.51%)

AON Aon plc
$282.79 /

+5.73 (+2.07%)

AMZN Amazon.com
$111.11 /

-4.58 (-3.96%)

ABBV AbbVie
$153.64 /

+0.92 (+0.60%)

AB AllianceBernstein
$35.39 /

-0.38 (-1.06%)

AAPL Apple
$144.98 /

-4.52 (-3.02%)

XOM Exxon Mobil
$107.85 /

+0.62 (+0.58%)

PINS Pinterest
$21.90 /

-0.15 (-0.68%)

NWL Newell Brands
$15.66 /

-0.075 (-0.48%)

LYB LyondellBasell
$82.53 /

+0.38 (+0.46%)

INTC Intel
$26.26 /

-0.96 (-3.53%)

CVX Chevron
$178.10 /

+0.91 (+0.51%)

AON Aon plc
$282.79 /

+5.73 (+2.07%)

AMZN Amazon.com
$111.11 /

-4.58 (-3.96%)

ABBV AbbVie
$153.64 /

+0.92 (+0.60%)

AAPL Apple
$144.98 /

-4.52 (-3.02%)

XOM Exxon Mobil
$107.85 /

+0.62 (+0.58%)

PINS Pinterest
$21.90 /

-0.15 (-0.68%)

LYB LyondellBasell
$82.53 /

+0.38 (+0.46%)

INTC Intel
$26.26 /

-0.96 (-3.53%)

CVX Chevron
$178.10 /

+0.91 (+0.51%)

AON Aon plc
$282.79 /

+5.73 (+2.07%)

AMZN Amazon.com
$111.11 /

-4.58 (-3.96%)

ABBV AbbVie
$153.64 /

+0.92 (+0.60%)

AAPL Apple
$144.98 /

-4.52 (-3.02%)

Earnings
Barnes Group narrows FY22 adj EPS view to $1.90-$2.00 from $1.90-$2.05 » 06:38
10/28/22
10/28
06:38
10/28/22
06:38
B

Barnes Group

$35.22 /

+0.45 (+1.29%)

Consensus for FY22 EPS is…

Consensus for FY22 EPS is $1.96. Still expects 2022 organic sales growth of 5%-to 6%, consensus $1.28B. Adjusted operating margin is now forecasted to be in the range of 11.5% to 12%, up modestly on the low end of previous range due to the strong Aerospace Aftermarket. Forecasts capital expenditures of approximately $35M and cash conversion of approximately 90% of net income.

ShowHide Related Items >><<
B Barnes Group
$35.22 /

+0.45 (+1.29%)

B Barnes Group
$35.22 /

+0.45 (+1.29%)

10/12/22 Truist
Barnes Group price target lowered to $29 from $33 at Truist
10/10/22 Wolfe Research
Barnes Group initiated with a Peer Perform at Wolfe Research
07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
04/19/22 Truist
Barnes Group price target lowered to $41 from $48 at Truist
B Barnes Group
$35.22 /

+0.45 (+1.29%)

Earnings
Barnes Group reports Q3 adjusted EPS 49c, consensus 49c » 06:35
10/28/22
10/28
06:35
10/28/22
06:35
B

Barnes Group

$35.22 /

+0.45 (+1.29%)

Reports Q3 revenue $315M,…

Reports Q3 revenue $315M, consensus $324.92M. "In Q3, Aerospace continued to deliver excellent performance driven by robust year-over-year growth in the Aftermarket business. At Industrial, performance remains challenged as persistent economic headwinds and operational challenges impact our results," said CEO Thomas Hook. "To address Industrial's performance, our ongoing, multi-phased, restructuring efforts are targeting core business execution, systematically integrating our business portfolio, rationalizing cost, and advancing an action-oriented culture across the enterprise. Our objective is to return to, and eventually surpass, Industrial's pre-pandemic margin performance," added Hook.

ShowHide Related Items >><<
B Barnes Group
$35.22 /

+0.45 (+1.29%)

B Barnes Group
$35.22 /

+0.45 (+1.29%)

10/12/22 Truist
Barnes Group price target lowered to $29 from $33 at Truist
10/10/22 Wolfe Research
Barnes Group initiated with a Peer Perform at Wolfe Research
07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
04/19/22 Truist
Barnes Group price target lowered to $41 from $48 at Truist
B Barnes Group
$35.22 /

+0.45 (+1.29%)

Recommendations
Barnes Group price target lowered to $29 from $33 at Truist » 10:39
10/12/22
10/12
10:39
10/12/22
10:39
B

Barnes Group

$31.36 /

-1.28 (-3.92%)

Truist analyst Michael…

Truist analyst Michael Ciarmoli lowered the firm's price target on Barnes Group to $29 from $33 and keeps a Hold rating on the shares. The analyst is "decidedly more cautious" on cyclically exposed commercial aerospace names amid the deteriorating global macro backdrop and ongoing supply chain challenges. Ciarmoli moderated his Boeing (BA) and Airbus (EADSY) production forecasts to account for supply chain constraints and says global demand "remains a watch item for now."

ShowHide Related Items >><<
B Barnes Group
$31.36 /

-1.28 (-3.92%)

B Barnes Group
$31.36 /

-1.28 (-3.92%)

10/10/22 Wolfe Research
Barnes Group initiated with a Peer Perform at Wolfe Research
07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
04/19/22 Truist
Barnes Group price target lowered to $41 from $48 at Truist
04/11/22 Alembic Global
Barnes Group downgraded to Neutral from Overweight at Alembic Global
B Barnes Group
$31.36 /

-1.28 (-3.92%)

Initiation
Barnes Group initiated with a Peer Perform at Wolfe Research » 16:31
10/10/22
10/10
16:31
10/10/22
16:31
B

Barnes Group

$32.07 /

+0.69 (+2.20%)

Wolfe Research analyst…

Wolfe Research analyst Myles Walton initiated coverage of Barnes Group with a Peer Perform rating and no price target. The analyst says the company's two end market facing businesses, aerospace and industrial, have :bifurcated."

ShowHide Related Items >><<
B Barnes Group
$32.07 /

+0.69 (+2.20%)

B Barnes Group
$32.07 /

+0.69 (+2.20%)

07/19/22 Truist
Barnes Group price target lowered to $33 from $38 at Truist
04/19/22 Truist
Barnes Group price target lowered to $41 from $48 at Truist
04/11/22 Alembic Global
Barnes Group downgraded to Neutral from Overweight at Alembic Global
11/01/21 Oppenheimer
Barnes Group price target lowered to $55 from $60 at Oppenheimer
B Barnes Group
$32.07 /

+0.69 (+2.20%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.