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Deutsche Bank Research has lowered its price target for Lithium Americas Corp. to US$2.20. The company is focused on advancing its Thacker Pass project, located in Humboldt County, Nevada, which it wholly owns through its subsidiary, Lithium Nevada Corp.
Plug Power reported a negative return on equity of 46.99% and a net margin of -214.05%, with analysts predicting an EPS of -1.21 for the current year. CFO Paul B. Middleton increased his stake by purchasing 350,000 shares at $0.72 each, raising his total ownership to 1,908,064 shares. Deutsche Bank AG boosted its position in the company by 88.3%, while various hedge funds adjusted their holdings, with 43.48% of the stock now owned by institutional investors. The stock opened at $0.80, with a market cap of $862.57 million, and reported a quarterly revenue of $133.67 million, missing EPS estimates.
Deutsche Bank has reaffirmed its Buy rating for Rio Tinto plc, a leading global mining company. In 2024, the company is set to produce 287.7 Mt of iron ore, alongside significant outputs in aluminum, copper, industrial minerals, gold, and diamonds, with a majority of sales concentrated in China (57.4%).
Bilfinger SE, a Germany-based international industrial services provider, specializes in customized engineering and services for the process industry. Its industrial sector encompasses maintenance, insulation, scaffolding, and engineering solutions, while the energy sector focuses on power plant repair, efficiency improvements, and component assembly.
Jim Cramer expressed admiration for Elon Musk, highlighting his return to a more business-focused persona, distinct from his political role. Cramer praised Tesla (TSLA) as the top stock among those he discussed, while noting a belief that AI stocks may offer even greater investment potential. Tesla continues to innovate in electric vehicles and energy solutions.
Rubis Group, which has provided sustainable energy access for 35 years, has diversified into renewable electricity generation, with 99.3% of its sales from energy distribution and 0.7% from renewable sources. The company operates 1,143 service stations across Europe, Africa, and the Caribbean, and holds a 17.2% stake in HDF Energy. Recently, Rubis completed the sale of its 55% stake in the Rubis Terminal joint venture.
Rubis has been a reliable energy supplier for 35 years, focusing on both traditional and renewable energy sources. The company generates 99.3% of its net sales from energy distribution, operating 1,143 service stations across Europe, Africa, and the Caribbean, while 0.7% comes from renewable energy projects. Recently, Rubis sold its 55% stake in the Rubis Terminal joint venture, which specialized in bulk storage of liquid products.
UBS has raised its price target for Johnson Controls (JCI) from $103 to $116, maintaining a Buy rating, citing positive momentum from rising electricity prices. Analysts forecast an average target price of $100.29, indicating a potential upside from the current price of $97.21. In its latest earnings report, JCI reported a 7% increase in organic sales and a 19% rise in adjusted EPS, with segment margins expanding to 16.7%. The company also raised its full-year guidance, reflecting confidence in continued growth and operational improvements.
Wesfarmers CEO Rob Scott welcomed the recent interest rate cut but acknowledged ongoing consumer struggles, projecting $60 million in lithium losses due to market oversupply. Despite these challenges, the company plans to expand its retail operations, including six new Officeworks stores and more Anko-branded outlets at Kmart, even venturing into the Philippines. Following the investor day, Wesfarmers' share price fell nearly 1%, with analysts expressing mixed views on the stock's valuation and growth potential amidst concerns of flat earnings.
The Toro Company, a global provider of outdoor solutions, operates in two segments: Professional and Residential, with a strong portfolio of brands. Its stock shows strong fundamentals, passing key tests except for the use of retained earnings. United Rentals, Inc. and Dover Corporation, both large-cap growth stocks, also exhibit solid fundamentals but face challenges in free cash flow and return on total capital, each scoring 75% according to investment strategies inspired by Warren Buffett.
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Deutsche Bank Lowers Lithium Americas Price Target to Two Dollars Twenty Cents
16:34 23.05.2025
Plug Power Reports Negative Earnings Amid Insider Buying and Analyst Downgrades
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10:03 23.05.2025
Deutsche Bank Maintains Buy Rating for Rio Tinto Amid Strong Production Forecasts
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Rubis Expands Renewable Energy Focus Amid Strategic Stake Sales and Diversification
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Rubis Expands Renewable Energy Focus Amid Strategic Business Adjustments
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UBS Raises Price Target for Johnson Controls Amid Strong Growth Prospects
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Wesfarmers Faces Lithium Losses Amid Retail Expansion and Market Challenges
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top industrial stocks evaluated by warren buffett strategy for growth potential
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