Seaport Global

Block Inc (NYSE:XYZ) shares are tanking on Friday after the company announced on Thursday downbeat first-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Benchmark On Block Analyst Mark Palmer downgraded the rating from Buy to Hold. Cash...

Seaport Global analyst Jeff Campbell on Tuesday initiated coverage on BWX Technologies Inc (NYSE:BWXT) with a Buy rating and a price target of $145. Campbell noted BWX Technologies’ multidecade U.S. Navy nuclear reactor franchise warrants a premium valuation based on the surety of...

Credit card giants Visa Inc (NYSE:V) and Mastercard (NYSE:MA) are set to offer insights into consumer spending and financial health when both companies report earnings Thursday. Earnings Estimates: Mastercard is up first for earnings, with its fourth-quarter financial results coming before Thursday...

E-commerce giant Amazon.com, Inc (NASDAQ: AMZN) is set to report third-quarter financial results after market close on Thursday, Oct. 26, 2023. Here’s a look at the earnings estimates from analysts, what analysts are saying and key items for investors to watch. Earnings Estimates:...

Technology giant Meta Platforms Inc (NASDAQ: META) is among the most anticipated quarterly earnings reports of the week. The company reports third-quarter financial results after the market close Wednesday, Oct. 25. Here’s a look at the estimates from analysts, what analysts are saying...

Grocery distributor company United Natural Foods Inc (NYSE: UNFI) was a clear beneficiary of the COVID-19 pandemic environment amid a major shift towards retail consumer food spending, Seaport Global Securities analysts said in an initiation note. The United Natural Foods Analyst: Eric Larson...

Spirit Airlines Incorporated (NYSE: SAVE) shares were trading lower Thursday after the airline landed two Wall Street analyst downgrades. The Analysts: Vertical Research analyst Darryl Genovesi downgraded Spirit from Buy to Hold and set a $34 price target. Seaport Global analyst Daniel McKenzie...

Seaport Global initiated coverage of seven airliners, three of which should be bought by investors. Daniel McKenzie initiated coverage of the following airliners: Alaska Air Group, Inc. (NYSE: ALK) at Buy, $53 price target. Allegiant Travel Company (NASDAQ: ALGT) at Buy, $166 price target. Azul SA...

Cannabis stocks are grouped within the "risk-off" category, but after falling around 10% since the start of 2019, Canopy Growth Corp (NYSE: CGC) can now be seen as a safety play, according to one analyst. The Analyst Seaport Global's Brett Hundley upgraded Canopy Growth from Neutral...

Seaport Global is bearish on newly public ride-hailing service Lyft Inc. (NASDAQ: LYFT), expressing doubts that the nation will move completely away from personal cars to using app-based ride companies. The Analyst Seaport Global's Michael Ward initiated coverage on Lyft with a Sell rating and...

Steel stocks have been in focus in 2018 after the steel industry was one of the first to be dragged into the global trade war. Steel stocks have run out of steam in recent months, but one analyst says the steel industry is due for a bounce. The Analyst On Thursday, Seaport Global analyst Derek...

Everything that could have gone wrong for oilfield services company Flotek Industries Inc. (NYSE: FTK) did so in the second quarter, according to Seaport Global.  The Analysts Seaport Global analyst Mike Urban downgraded Flotek from Buy to Neutral. The Thesis Flotek's Q2 earnings...

Michigan-based wood manufacturer and distributor Universal Forest Products, Inc. (NYSE: UFPI) is showing strong macroeconomic indicators, according to Seaport Global.  The Analyst Seaport Global analyst Reuben Garner initiated coverage of Universal Forest Products with a Buy rating and $...

Safe Bulkers, Inc. (NYSE: SB) shares have leaked 15 percent since early June, and investors should buy the dip, according to Seaport Global.   The Analyst Seaport Global's Magnus Fyhr upgraded Safe Bulkers from Neutral to Buy with a price target lifted from $3.50 to $5. The...

Oil drilling company Patterson-UTI Energy Inc. (NASDAQ: PTEN)'s stock has fallen 30 percent in recent months.  The Analysts Credit Suisse analyst James Wicklund upgraded Patterson-UTI from Neutral to Outperform and lowered the price target from $22 to $19. Seaport Global...