Andrew Obin

GE Vernova Inc. (NYSE:GEV) shares are trading higher on Monday. The company has been in the news lately due to its investment in facility expansion in Europe and collaboration with Hitachi in Southeast Asia. • GE Vernova stock is challenging resistance. Why did GEV hit a new high?...

GE Vernova Inc. (NYSE:GEV) is scheduled to report its fourth-quarter results on Jan. 28. The company is likely to report its quarterly adjusted EBIDTA "well ahead of consensus," according to BofA Securities. The GE Vernova Analyst: Analyst Andrew Obin maintained a Buy rating and price target of $...

Following a meeting with GE Vernova Inc's (NYSE:GEV) CEO Scott Strazik and Vice President of Investor Relations Michael Lapides, Bank of America Securities analyst Andrew Obin said management is "laser focused on execution” while there are cyclical tailwinds. The analyst highlighted the...

BofA Securities analyst Andrew Obin hosted investor meetings at the Paris Air Show with Honeywell International (NASDAQ:HON), Eaton Corp (NYSE:ETN), Parker-Hannifin Corp (NYSE:PH), Ametek Inc (NYSE:AME), and ITT Inc (NYSE:ITT). All the companies the analyst met with were bullish on increased...

GE Vernova Inc. (NYSE:GEV) is scheduled to release its first quarter 2025 financial results on April 23, 2025. As per data from Benzinga Pro, analysts expect adjusted earnings per share of 42 cents with sales of $7.54 billion. BofA Securities analyst Andrew Obin writes, “We expect GE Vernova...

Johnson Controls International PLC (NYSE:JCI) is scheduled to report its fiscal fourth-quarter results on Dec. 10, after having delivered an earnings beat for the previous quarter. While the company has significant exposure to data centers, among the more profitable verticals, the naming of its...

Shares of Carrier Global Corp (NYSE:CARR) were trading higher on Monday, following the company’s announcement of its second-quarter results on Thursday. The company delivered on earnings despite weaker-than-expected Viessmann results and plans to repurchase shares worth $1 billion in the...

Shares of 3M Co (NYSE: MMM) tanked in early trading on Tuesday, after the company reported its quarterly results. While the company reported its earnings slightly ahead of Street expectations, it posted a top line miss, with organic growth remaining weaker than expected, according to BofA...

General Electric Company (NYSE: GE) Thursday revealed plans to invest over $450 million in its U.S. manufacturing facilities in 2023. Increasing international air traffic is the “largest source of upside” for GE Aerospace, according to BofA Securities. The General Electric Company...

Several industrial stocks were on the move on Monday after one Wall Street analyst adjusted his coverage and named his top sector stock picks for 2023. The Analyst: Bank of America analyst Andrew Obin has issued the following industrial stock ratings changes: Montrose Environmental Group Inc (NYSE...

General Electric Company (NYSE: GE) shares are up sharply in the past week after the company reported much better-than-expected second-quarter earnings numbers. However, despite a bullish outlook for the stock, one Wall Street analyst cut his price target and free cash flow forecast for GE on...

General Electric Company (NYSE: GE) reported its first quarter adjusted earnings above Street estimates. Although orders were strong, the company’s print was impacted by supply chain issues much more than anticipated, according to BofA Securities. The General Electric Analyst: Andrew Obin...

E2open Parent Holdings Inc’s (NYSE: ETWO) shares are likely to re-rate in case SaaS (software as a service) revenue growth continues, according to BofA Securities. The E2open Analyst: Andrew Obin upgraded the rating for E2open Parent Holdings from Buy to Neutral, while keeping the price...

Core & Main Inc (NYSE: CNM) is likely to be impacted by a minimal increase in spending in 2022 with delays in project starts, according to BofA Securities. The Core & Main Analyst: Andrew Obin downgraded the rating for Core & Main from Neutral to Underperform, while reducing the...

Honeywell International Inc (NYSE: HON) shares dropped 1.7% on Wednesday after the stock got hit by a Wall Street downgrade. The Analyst: Bank of America analyst Andrew Obin downgraded Honeywell from Buy to Neutral and cut his price target for $270 to $245. The Thesis: In a note, Obin said...