FMP
Sep 20, 2024 8:28 AM - Davit Kirakosyan
Image credit: FMP
Piper Sandler analysts downgraded Par Petroleum (NYSE:PARR) to Neutral from Overweight, lowering their price target on the stock to $23 from $37.
The analysts acknowledged Par Petroleum's underappreciated earnings potential, particularly its ability to generate non-refining EBITDA and maintain positive EPS in 2025 compared to its small-cap peers.
However, they cited growing concerns over weakening Asian refining margins, upcoming maintenance at the Billings refinery in the first half of 2025, and limited liquidity, all of which present heightened risks to the company’s valuation over the next year.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...