Wall Street's top analysts like these stocks amid the stimulus stalemate

  • 📰 CNBC
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Marvell and Campbell Soup.

. Based on this target, shares could surge 17% in the coming months.

That said, the analyst acknowledges that investors have been somewhat skeptical of the company's cost structure adjustment, which trimmed its core SG&A expenses by approximately 10% and translated to a 300-basis point improvement in its adjusted EBITDA margin, as they fear expenses will spike once the pandemic's impact fades. However, Palmer notes that management is committed to maintaining the margin improvement.

However, he added, "Given our expectation of improved growth after the pandemic and management's target of reaching a 30% operating margin by the end of 2023, we expect ZBH to seeBased on data from TipRanks,just received the RBC Capital stamp of approval, with five-star analyst Nik Modi reiterating a Buy rating and $59 price target. This target puts the possible upside at 25%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yes! Pump it up! Debt doesn't matter! Negative GDP doesn't matter! 20 MILLIONS unemployed doesn't matter! Economy is in a best place ever - on the middle of pandemic and Recession/Depression.

You’ve been conned again Fraud obediently labeled as a hoax, stunts &shenanigans. “Pray for hope&change” Prep for GangBang of Gov control&taxes. Dumb$ buys into froth as smart$ profits. Signaling 2nd Great Recession. Be self reliant in producing, not just gambling & consuming

Today I have received blessings from the GOD/ALLAH/SHIV/ Jade Emperor/Yahweh/Buddha/etc. sitting inside Orion Constellation stars (1360 light years) Received blessings within 13.6 sec I receive these blessings to destroy my body (& mind) lying on the bottom of Sanitary sewer....

Today I have received blessings from the GOD/ALLAH/SHIV/ Jade Emperor/Yahweh/Buddha/etc. sitting inside Orion Constellation stars (1360 light years) Received blessings within 13.6 sec I receive these blessings to destroy my body (& mind) lying on the bottom of Sanitary sewer..

Today I have received blessings from the GOD/ALLAH/SHIV/ Jade Emperor/Yahweh/Buddha/etc. sitting inside Orion Constellation stars (1360 light years) Received blessings within 13.6 sec I receive these blessings to destroy my body (& mind) lying on the bottom of Sanitary sewer.

thanks

South Africa South Africa Latest News, South Africa South Africa Headlines