Stifel Maintains Buy on Cardinal Infrastructure, Lowers Price Target to $52
Stifel analyst Brian Brophy maintains Cardinal Infrastructure (NASDAQ:CDNL) with a Buy and lowers the price target from $63 to $52.
Read original at benzingaStocks · News reference
Nasdaq Down 100 Points; US Small Business Optimism Index Rises In July
Dow up 0.18% while NASDAQ and S&P 500 also rose. Industrials up 1.2%, consumer staples down 0.6%. Quantum, Planet Green, NIQ up, Cardinal, KLX, Life360 down.
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Oppenheimer Maintains Outperform on Cardinal Infrastructure, Lowers Price Target to $70
Oppenheimer analyst Brent Thielman maintains Cardinal Infrastructure (NASDAQ:CDNL) with a Outperform and lowers the price target from $80 to $70.
Read original at benzingaWhy Cardinal Infrastructure Group Stock Just Crashed
Cardinal Infrastructure Group's stock plummeted 27.78% after reporting mixed Q2 earnings. While the company beat revenue expectations ($226.9M vs. $274.7M estimate) and raised full-year guidance to $880-900M, it missed earnings estimates significantly ($0.26 vs. $0.47 per share). Investor concerns center on contracting margins (16-18% guidance down from 20%+) and decelerating backlog growth (35% vs. 60% YoY), suggesting weakening business quality despite strong headline revenue numbers.
Read original at the-motley-fool8-K filing — KLX Energy Services Holdings, Inc. (KLXE)
Filed: 2026-08-24 AccNo: 0001193125-26-361735 Size: 432 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Read original at edgarUS Stocks Mixed; Cardinal Health Shares Jump After Q4 Results
US stocks mixed, Dow up 150 points. Industrials gain 1%, communication services fall 1.1%. Cardinal Health (NYSE: CAH) up 8%. Oil up 0.4%, gold up 0.6%.
Read original at benzingaKLX Energy Services Holdings shares are trading lower after the company reported worse-than-expected Q2 sales results and approved a $125 million backstopped rights offering.
Read original at benzinga