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Key Points We’re raising our forecast post AVAV’s 4QFY24 earnings report last week and also increasing our target price. We remain Neutral rated on the shares as we do have some...
Key Points Widening delta between U.S. and Asian prices, relatively tepid demand, bloated Chinese inventories, and slack supply/demand point to near-term polyethylene price and margin headwinds Higher Brent crude oil prices and...
Key Points Share price underperformance relative to peers is unwarranted, in our view; geographic and feedstock diversity, along with improving fundamentals, isn't appreciated by investors BRKM5 shares are trading at 0.41x replacement...
Key Points We’re updating our forecast for KTOS post the firm’s 1Q24 earnings release of last month and we’re reiterating our Overweight rating on the shares. We’ve raised our target price by...
Key Points We’re updating our forecast for LMT and raising our target price by USD18 to USD502, though our rating remains Neutral. Our new target price uses the same 13x terminal...