MasTec Price Target Cut By Analysts Post IEA Deal Announcement
Credit Suisse analyst Jamie Cook lowered the price target on MasTec, Inc. (NYSE:MTZ) to $102 (an upside of 44%) from $103 while…
IEA Gets Analysts Downgrade As Competing Bids Are Less Likely
DA Davidson analyst Brent Thielman downgraded Infrastructure & Energy Alternatives Inc (NYSE:IEA) to Neutral from Buy and reduced the price target to…
3M Plans To Spin-Off Of Health Care Business; Subsidiary Aearo Initiates Bankruptcy Proceedings
3M (NYSE:MMM) subsidiary Aearo Technologies and related entities have voluntarily initiated chapter 11 proceedings seeking court supervision. 3M has committed $1…
Pentair Reports Q2 Results Above Expectation, Clocks 13% Revenue Growth
Pentair PLC (NYSE:PNR) reported second-quarter net sales growth of 13% year-over-year to $1.06 billion and core sales growth of 12%, beating…
Raytheon Slips On Q2 Top-Line Miss, Warning On Supply Chain & Inflation Issues
Raytheon Technologies Corp’s (NYSE:RTX) second-quarter FY22 sales growth of 3% year-over-year to $16.31 billion, missing the consensus of $16.60 billion.…
PulteGroup Clocks 17% Revenue Growth In Q2
PulteGroup Inc (NYSE:PHM) reported second-quarter FY22 total revenue growth of 16.9% year-over-year to $3.93 billion, missing the consensus of $4.07…
3M Shares Gain As Q2 Results Exceed Street Expectation
3M Co (NYSE:MMM) reported second-quarter FY22 net sales of $8.83 billion, a decline of 3% year-over-year, beating the consensus of…
General Electric Shares Soar On Q2 Beat With Aerospace Segment As Key Driver
General Electric Co (NYSE:GE) reported second-quarter FY22 adjusted revenue of $17.9 billion, an increase of 2% year-over-year, and GAAP revenues of…
UPS Shares Slip After Q2 Results
United Parcel Service, Inc. (NYSE:UPS) reported second-quarter FY22 revenue growth of 5.7% year-over-year to $24.8 billion, beating the consensus of…
Allegiant Travel Shares Slide Post June Traffic Number, Clocks 28% Q2 Revenue Growth
Allegiant Travel Company’s (NASDAQ:ALGT) total revenue for Q2 is roughly $629 million, an increase of 28% year-over-year. Demand strength persisted…