Despite weak revenue forecasts, Crane NXT's high P/S ratio indicates bullish investors. Their optimism, if not matched by growth, could lead to disappointment. As such, the high P/S ratio carries the risk of a share price decline. Investors should tread carefully.
$Roblox (RBLX.US)$initiated at buy by Canaccord Genuity, announced target price at $48.00. $Alight (ALIT.US)$initiated at buy by Citigroup, announced targe price at $12.00. $Oracle (ORCL.US)$was upgraded by Goldman Sachs from sell to neutral, announced target price to $120.00. $Urban Outfitters (URBN.US)$was upgraded by Morgan Stanley from equal-weight to overweight, increased target price from $27.00 to $41.00. $First Horizon National (FHN.US)$was downg...
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Crane NXT Stock Forum
$Alight (ALIT.US)$ initiated at buy by Citigroup, announced targe price at $12.00.
$Oracle (ORCL.US)$ was upgraded by Goldman Sachs from sell to neutral, announced target price to $120.00.
$Urban Outfitters (URBN.US)$ was upgraded by Morgan Stanley from equal-weight to overweight, increased target price from $27.00 to $41.00.
$First Horizon National (FHN.US)$ was downg...
No comment yet