Stocks · News reference
Morgan Stanley analyst James Faucette maintains Broadridge Financial (NYSE:BR) with a Equal-Weight and raises the price target from $169 to $176.
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
RBC Capital analyst Daniel R. Perlin maintains Broadridge Financial (NYSE:BR) with a Outperform and raises the price target from $200 to $225.
Read original at benzingaBroadridge Financial Solutions stock surged 7% after reporting Q4 earnings that exceeded Wall Street expectations, with full-year revenue and adjusted EPS growing 8% and 12% respectively. The company announced a 12% dividend increase (20th consecutive year) and guided for 2027 sales growth of 6-8% and adjusted EPS growth of 8-12%. Despite a 32% decline over the past year due to disruption concerns from tokenization and digitization, the analyst views the stock as an attractive buy-the-dip opportunity trading at 16x free cash flow with a 2.5% dividend yield.
Read original at the-motley-foolUS stocks rose, with Dow Jones gaining 500 points on Tue.Caterpillar Inc (CAT) shares surged 8.3% on better-than-expected earnings. Other stocks recording gains include IBTA, BLZE, AMRC, W, VOYG, UFPT, PLTR, ZBRA, INSP, & DORM.
Read original at benzinga