The Latest Breaking News from Stifel

The winners for the music-awards-2022" iHeartRadio Music Awards 2022 have been announced, and it features some big names taking home the top honours.

Helios Technologies Inc (NYSE:HLIO) has been upgraded to Buy from Hold, and the price target raised to $95 (an upside of 16.7%) from $85 by Stifel analyst Nathan Jones. The analyst's meeting with the management left him confident in long-term growth, margin expansion, and strategic capital deployment opportunities. Jones mentions Helios has leveraged technology from…

EV charging equipment and services provider Blink Charging Co's (NASDAQ:BLNK) price target has been lowered to $30 (an upside of 41.6%) from $39 by Stifel analyst Stephen Gengaro. The analyst maintained his Hold rating on BLNK's shares. Related: Blink Charging's Q4 Results Gengaro increased his 2022-23 revenue estimates while reducing his EBITDA prediction. He also expects Blink…

Matson Inc's (NYSE:MATX) price target has been raised to $131 (an upside of 13.7%) from $98 by Stifel analyst Benjamin Nolan. The analyst maintained the Buy rating on Matson's shares. Nolan believes shifting equipment to provide the company a significant gain to its China service and greater run rate volumes reflecting higher capacity ships. Price…

Upgrades

Stifel analyst Jim Duffy initiated coverage of Revolve Group Inc (NYSE:RVLV) with a Buy rating and $51 price target, implying a 27.8% upside. Duffy noted Revolve is leveraging social media engagement, data-driven merchandising, and a capital-light business model to lead a "generational shift of fashion consumption "and gain share in the $2.37 trillion global…

Stifel analyst Andrew Partheniou downgraded Village Farms International Inc (NASDAQ:VFF) to Hold from Buy with a price target of C$5, down from C$23. The move comes after the company's Q4 results. Though he believes Village Farms could endure over the medium to long term amid Limited Partners exiting the industry, the near-term outlook seems unfavorable, Partheniou…

Stifel analyst Erik Rasmussen initiated coverage of Spire Global Inc (NYSE:SPIR) with a Buy rating and a price target of $6, implying an upside of 181.7%. Spire is "one of the best-positioned NewSpace companies," argues Rasmussen, who believes they are "on the cusp of a very large and growing opportunity for space-based analytics." Rasmussen…

Stifel has reiterated a Buy rating and $85 price target on ChemoCentryx Inc (NASDAQ:CCXI) following the Q4 results. Analyst Dae Gon Ha says he is "perplexed" by the pronounced weakness on what he views as a positive-launch quarter.  Ha tells investors in a research note that 127 patient start forms and 71% conversion rate strike…