Morningstar has issued a SELL rating for Corning Incorporated (GLW), marking the stock as currently overvalued relative to its fair value estimate of $37 per share. Despite Corning’s strength in segments such as optical communications and display technologies, recent price increases to $46.84 signal a disconnect from fundamental value. This report evaluates Corning’s market positioning,… Continue reading Corning Incorporated Stock Price Could Decline to $37: Morningstar Research
Month: November 2024
Sabre Corporation (SABR) Fair Value at $5: Morningstar Research
Morningstar has provided a HOLD rating for Sabre Corp (SABR), with a fair value estimate of $5.00 per share. Sabre’s recent earnings reflect growth in its distribution and travel solutions segments, yet challenges remain in the near term due to weaker-than-expected IT solutions revenue and uncertain corporate travel recovery. Sabre’s long-term strategy includes the adoption… Continue reading Sabre Corporation (SABR) Fair Value at $5: Morningstar Research
Western Digital Corp (NASDAQ: WDC) – Argus Research Recommends BUY Call with $66 Target
Argus Research has issued a BUY rating for Western Digital Corporation (WDC), setting a 12-month target price of $88. WDC’s strategic positioning in the data storage sector, including its cloud, enterprise, and HDD segments, has shown promising growth. Key financials indicate positive momentum, driven by a 49% year-over-year increase in revenue and strengthened HDD demand.… Continue reading Western Digital Corp (NASDAQ: WDC) – Argus Research Recommends BUY Call with $66 Target
First Solar (FSLR) Fair Value Suggested at $190 by Morningstar Research
Morningstar Research has suggested Hold Call for renewable energy major First Solar, Incorporated (FSLR) with a fair value estimate of $190 per share. The research report has offered a quick analysis of the company’s business, sales and performance in the market. The report offers expert views on First Solar’s market position, valuation metrics, and key… Continue reading First Solar (FSLR) Fair Value Suggested at $190 by Morningstar Research
SolarEdge Technologies Fair Value at $25: Morningstar Research
Morningstar research has suggested Hold Call for SolarEdge Technologies (SEDG) with a fair value estimate of $25 per share. The research report provides a snapshot of the challenges and opportunities facing SolarEdge, including competitive dynamics, policy headwinds, and capital allocation concerns. Investors should carefully evaluate the stock’s positioning in the clean energy sector given the… Continue reading SolarEdge Technologies Fair Value at $25: Morningstar Research