Streetbeat News

MVAL

VanEck ETF Trust

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Nike has extended its partnership with the NBA and WNBA for 12 more years, reinforcing its position as the exclusive provider of on-court uniforms. The deal includes new content initiatives and a joint membership program. Nike's recent earnings report showed mixed results, with revenue slightly missing estimates but EPS beating expectations.

Portfolio Pulse from Lekha Gupta

October 22, 2024 | 4:40 pm

Truist Securities analyst Joseph Civello upgraded Nike, Inc. (NYSE:NKE) to Buy from Hold, raising the price target to $97. Despite challenges, Civello is optimistic due to realistic investor expectations and strategic leadership changes. Nike's recent struggles are attributed to its DTC focus, but near-term wins are expected. Investors can gain exposure via ETFs like EDOW and MVAL.

Portfolio Pulse from Lekha Gupta

October 10, 2024 | 5:12 pm

Stifel analyst Mark S. Astrachan upgraded International Flavors & Fragrances Inc. (NYSE:IFF) to Buy from Hold, raising the price target to $115 from $95. The analyst sees conservative 2024 guidance and projects increased sales and adjusted EBITDA for 2024-2025. IFF's volumes rebounded in Q1 2024, and mid-single-digit volume growth is expected throughout 2024. Leverage is anticipated to decrease to around 3.0x by year-end 2025. IFF stock has gained over 15% in the last 12 months.

Portfolio Pulse from Lekha Gupta

July 22, 2024 | 5:20 pm

Oppenheimer & Co. Inc. analyst Kristen Owen initiated coverage on International Flavors & Fragrances Inc. (NYSE:IFF) with an Outperform rating and a price target of $116. The analyst highlights IFF's alignment with health and environmental trends, portfolio rationalization, and balance sheet improvements as key drivers for future growth. Investors can also gain exposure to IFF through SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) and IShares Emergent Food And AgTech Multisector ETF (NASDAQ:IVEG).

Portfolio Pulse from Lekha Gupta

June 07, 2024 | 4:37 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.