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UBS has reiterated its Buy rating and $218 price target for Owens Corning, following the company's announcement of ambitious 2028 financial goals, including a revenue target of $12.5 billion. The firm plans to enhance shareholder value through a new share buyback program and aims to return about $2 billion to shareholders by 2026. Despite positive earnings and strategic expansions, some analysts remain cautious, maintaining Hold or In Line ratings amid market challenges.
UBS has reiterated its Buy rating on Owens Corning, setting a price target of $218, following the company's ambitious financial targets for 2028. With current sales of $11.49 billion, Owens Corning aims for $12.5 billion in revenues, driven by market outperformance and strategic investments, including a new share buyback program. The company also reported strong first-quarter results, exceeding earnings expectations, while maintaining a commitment to returning $2 billion to shareholders through buybacks and dividends by 2026.
UBS analyst Michael Lasser has reiterated a Buy recommendation for Dick's Sporting Goods, maintaining a price target of $260 amid speculation of a potential merger with Foot Locker. While acknowledging the strategic benefits of such a deal, he cautioned about the associated risks, estimating a possible 10-20% increase in shareholder value by 2026. Additionally, Dick's has invested $120 million in Unrivaled Sports to enhance its presence in the youth sports market, aligning with positive trends in sports participation that could boost sales.
UBS analyst Michael Lasser has reiterated a Buy rating for Dick's Sporting Goods, maintaining a price target of $260 amid speculation of a merger with Foot Locker. While potential strategic benefits exist, risks must be considered, and the success of any merger will depend on its implementation. Additionally, Dick's has invested $120 million in Unrivaled Sports to enhance its youth sports market presence, aligning with positive trends in sports participation that could boost sales.
Raiffeisenbank Vorderland has successfully sold its former building in Sulz to Baur GmbH, which will use the site for expansion as part of its strategic growth. This move is expected to benefit the local community by creating additional jobs and ensuring the company remains a strong regional employer. The bank's CEO emphasized the importance of finding a sustainable solution that supports the Vorderland region.
UBS has upgraded Makino Milling Machine Co Ltd from Neutral to Buy, lowering the price target from JPY11,600 to JPY10,700. The upgrade follows the withdrawal of Nidec's takeover bid and reflects confidence in Makino's undervalued shares, driven by robust earnings prospects and growing demand for its high-quality machine tools in key markets like India, North America, and China. The company's strategic focus on higher value-added offerings and increased aftermarket business is enhancing profitability, while its commitment to shareholder returns further supports this positive outlook.
Certara's CFO, John Gallagher, discussed the company's focus on enhancing R&D efficiencies through software innovations, including transitioning to a cloud-based Phoenix platform. While optimistic about growth opportunities, he acknowledged challenges in the end market, particularly with tier one and tier three customers, as funding environments fluctuate. The company remains committed to pursuing M&A opportunities while balancing capital allocation strategies, including share repurchases.
Raiffeisen-Holding Niederösterreich-Wien has acquired a 25.1% stake in the gourmet publisher Falstaff, which aims for significant international expansion. Currently generating €41 million in revenue, Falstaff plans to grow to €45 million by 2025 and enter at least twelve European markets, including Spain and Serbia. CEO Michael Höllerer emphasizes the partnership's role in supporting Falstaff's ambitious growth strategy amidst a challenging publishing landscape.
Deutsche Bank has raised its price target for PPG Industries from $125 to $140, maintaining a Buy rating after discussions with management. The divestiture of its architectural paints division is viewed positively, enhancing financial stability and operational focus, which is expected to drive growth.Analysts project an average price target of $127.92 for PPG, indicating a potential upside of 16.89% from its current price of $109.44. The company reported a 4% increase in organic sales in the U.S. and a 9% rise in Performance Coatings, while also repurchasing $400 million in stock, reflecting a commitment to shareholder value.
Greg Abel officially takes over as CEO of Berkshire Hathaway, stepping into Warren Buffett's shoes with a focus on strategic dealmaking and operational oversight. Known for his hands-on approach, Abel plans to impose stricter performance goals on subsidiary CEOs and monitor capital expenditures closely, ensuring a disciplined investment strategy across diverse industries.
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ubs maintains buy rating for owens corning with strong financial outlook
16:49 15.05.2025
ubs maintains buy rating for owens corning with strong financial outlook
16:40 15.05.2025
ubs maintains buy rating on dick's sporting goods amid merger speculation
16:36 15.05.2025
ubs maintains buy rating for dick's sporting goods amid merger speculation
16:35 15.05.2025
former bank building repurposed to support local company growth and jobs
15:16 14.05.2025
ubs upgrades makino milling machine to buy amid strong earnings outlook
09:05 14.05.2025
certara focuses on ai integration and software innovation amid market challenges
02:03 14.05.2025
Austrian Raiffeisen acquires stake in gourmet publisher Falstaff for expansion
RAIFFEISEN-HOLDING NIEDERÖSTERREICH- WIEN eG
DEU
AUT
ESP
ITA
SRB
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SVK
Aloys Hirzel
Wolfgang M. Rosam
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16:01 12.05.2025
Deutsche Bank Raises PPG Industries Price Target Amid Positive Growth Indicators
11:24 12.05.2025
greg abel takes charge at berkshire hathaway with a hands-on approach
11:15 12.05.2025
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