This Walmart Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Analysts changed ratings for ATKR, CI, NKE, WMT, and OLN. See how they view these stocks and consider buying WMT.
Read original at benzingaStocks · News reference
Prysmian's $95-Per-Share Offer Sends Atkore Stock Flying 27%
Atkore (ATKR) stock jumped 27% premarket after Prysmian agreed to acquire the electrical maker in a $3.8B cash deal at $95/share.
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Top Wall Street analysts changed outlook on top names. Complete view of analyst rating changes, including upgrades/downgrades, on analyst ratings page.
Read original at benzingaWhy Atkore Stock Soared Today
Prysmian agreed to acquire electrical products manufacturer Atkore for approximately $3.8 billion, offering $95 per share in cash—a 30% premium to Friday's closing price. The deal aims to create a comprehensive electrical solutions provider positioned to capitalize on AI infrastructure buildout and electrification trends, with expected closure by end of 2026.
Read original at the-motley-foolRoth Capital Downgrades Atkore to Neutral, Raises Price Target to $92
Roth Capital analyst Justin Clare downgrades Atkore (NYSE:ATKR) from Buy to Neutral and raises the price target from $85 to $92.
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The global coaxial cable market, valued at $21.58 billion in 2025, is expected to grow to $46.24 billion by 2035 at a 7.94% CAGR. Growth is driven by rising broadband demand, high-speed internet expansion, and 5G deployment. North America leads with 34.8% market share, while Asia Pacific is expected to grow fastest at 10.12% CAGR. Key segments include video distribution (48.5% share) and internet data transfer (fastest growing at 10.89% CAGR).
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