The Latest Breaking News from Stifel

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…

Joining Blackstone on the list of new buys by top funds, financial advisor Stifel tests a buy point in choppy market conditions.

Analyst opinions remain divided over Paycom Software Inc (NYSE:PAYC) post Q4 results. Piper Sandler analyst Arvind Ramnani raised the price target on Paycom to $505 from $498 (40% upside) and reiterated an Overweight.  Paycom's Q4 results "were robust all-around" as revenue came in well above expectations driven by a healthy demand environment, Ramnani says. Stifel analyst Brad…

Financial services firm Stifel Financial is IBD Stock of the Day. SF stock is just below a buy point amid a shaky market.

KeyBanc analyst Todd Fowler lowered CH Robinson Worldwide Inc's (NASDAQ:CHRW) price target to $125 (an upside of 38%) from $135 and maintained an Overweight rating on the shares. While gross profit margins lagged his expectations, the analyst continues to anticipate margin improvement throughout 2022 as contract rates reset. Fowler is "encouraged" by net operating margin…

Stifel analyst Mark Kelley resumed coverage of Meta Platforms Inc (NASDAQ:FB) with a Buy rating and $400 price target.  The price target implies an upside of 32.6%. The analyst is optimistic on the stock, particularly Reels and Commerce, despite the constant "drumbeat" of critical press, Kelley tells investors in a research note.  He thinks the…

Analysts cut their price targets on Alibaba Group Holding Ltd (NYSE:BABA) ahead of its quarterly results. However, they continue to see double-digit upside in the stock. Stifel analyst Scott Devitt lowered the price target on Alibaba to $150 from $170 (28% upside) and reiterated a Buy rating. The re-rating follows the previewed results for his…

Michael Farr spoke on CNBC's "Fast Money Halftime Report" about Stifel's upgrade of Starbucks Corporation (NASDAQ: SBUX). He owns the stock and he thinks this was a good call.