The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
brighthouse financial sees institutional investment growth amid mixed analyst ratings
Millennium Management LLC now holds 280,270 shares of Brighthouse Financial, valued at $12.1 million, after acquiring 206,116 additional shares. Truist Financial Corp increased its stake by 20%, owning 7,578 shares worth $328,000. Institutional investors own 81.24% of the stock, while Brighthouse Financial has received mixed ratings from analysts, with a consensus rating of "Hold" and an average target price of $57.63.
institutional investors increase stakes in intel amid mixed analyst ratings
Dunhill Financial LLC increased its Intel shares by 22.6%, now holding 2,380 shares valued at $56,000. Other firms, including MKT Advisors LLC and Beaton Management Co. Inc., also raised their stakes, contributing to institutional investors owning 64.53% of Intel. Despite a recent stock price increase, analysts maintain a "Hold" rating, with Barclays lowering its price target to $23.00. Intel reported a quarterly loss of $0.46 EPS, missing estimates, while revenue fell 6.3% year-over-year.
This week, major banks including JPMorgan Chase, Goldman Sachs, and Bank of America are set to report earnings, alongside tech and healthcare firms like Taiwan Semiconductor Manufacturing Company and UnitedHealth Group. Key economic indicators such as the Consumer Price Index and Producer Price Index will be released, providing insights into inflation trends, while several Federal Reserve officials are scheduled to speak ahead of the upcoming monetary policy meeting.
Bank of America and Truist Financial Upgraded by HSBC and UBS
Bank of America received upgrades to Buy from both HSBC and UBS, driven by a favorable higher-for-longer interest rate environment. HSBC's Saul Martinez highlighted the positive earnings outlook due to the rate backdrop, investment banking conditions, and regulatory easing. Additionally, Truist Financial was also upgraded to Buy by Truist.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.