RBC Capital Reiterates Sector Perform Rating on Actuant (ATU) Ahead of 4Q Report
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/24/2024
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Gabelli Downgrades Actuant (ATU) to Hold on Valuation
September 17, 2019 8:52 AM EDTGabelli analyst Justin Bergner downgraded Actuant (NYSE: ATU) from Buy to Hold with a price target of $29.00.
The analyst comments "We continue to see a buyer as able to pay $30 for remainco (14.5x FY 8/21 EBITDA using PF 8/31/19 net debt) should Actuant be... More
UPDATE: KeyBanc Downgrades Actuant (ATU) to Sector Weight
September 17, 2019 4:19 AM EDT(Updated - September 17, 2019 4:34 AM EDT)
(updated to add analyst comment)
KeyBanc analyst Jeffrey Hammond downgraded Actuant (NYSE: ATU) from Overweight to Sector Weight.
The analyst comments "While we continue to appreciate the logic behind ATUs near-complete portfolio transformation,... More
