Ciena management to meet virtually with Benchmark
Virtual Meeting to be held on June 26 at 1 pm hosted by Benchmark.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
Nintendo Switch 2 Thieves Nab Over 2,800 Systems
Nintendo (NTDOF) was the target of a heist that resulted in 2,810 Switch 2 units being stolen from a transport truck. The theft saw the video game consoles removed from a transport truck that was on its way to a GameStop (GME) location, likely a distribution center, in Texas. The theft was reported after the driver realized the consoles were missing at a pre-inspection truck stop. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to local authorities, each of the Switch 2 units that were stolen was worth $500. That means these weren't just normal Switch 2 units, which are priced at $450 each, but rather the versions that come bundled with a digital copy of Mario Kart World. With 2,810 Switch 2 units valued at $500 each stolen in the heist, the thieves walked away with $1,405,000 worth of merchandise. Considering the strong demand for the Switch 2, this will leave some fans disappointed as GameStop's Switch 2 supply in Texas is affected. It also means the thieves will likely be able to easily fence the stolen goods, and probably for much more than their MSRP. Switch 2 Sales Even with this theft, Nintendo still saw plenty of Switch 2 sales after the console's launch earlier this month. The company sold 3.5 million of the units in four days, setting new records. It also expects to sell 15 million units in the first year, with plans to produce up to 20 million units to meet increased demand. Is NTDOF Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Nintendo is Moderate Buy, based on eight Buy, two Hold, and a single Sell rating over the past three months. With that comes an average NTDOF stock price target of $92.21, representing a potential 1.22% upside for the shares.
Business Insider
2 hours ago
- Business Insider
Kepler Capital Remains a Buy on Euronext NV (0QVJ)
Kepler Capital analyst Tobias Lukesch maintained a Buy rating on Euronext NV (0QVJ – Research Report) on June 18 and set a price target of €170.00. The company's shares closed last Wednesday at €142.25. Confident Investing Starts Here: Lukesch covers the Financial sector, focusing on stocks such as BAWAG Group AG , Commerzbank, and Deutsche Pfandbriefbank. According to TipRanks, Lukesch has an average return of 18.9% and a 68.32% success rate on recommended stocks. Euronext NV has an analyst consensus of Hold, with a price target consensus of €148.56. Based on Euronext NV's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €415.2 million and a net profit of €144.6 million. In comparison, last year the company earned a revenue of €374.2 million and had a net profit of €130.5 million
Business Insider
2 hours ago
- Business Insider
Morgan Stanley Keeps Their Sell Rating on Origin Energy Limited (OGFGF)
Morgan Stanley analyst Robert Koh maintained a Sell rating on Origin Energy Limited (OGFGF – Research Report) today and set a price target of A$9.33. The company's shares closed last Wednesday at $7.10. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Koh is a 3-star analyst with an average return of 2.1% and a 53.62% success rate. Koh covers the Energy sector, focusing on stocks such as Origin Energy Limited, Ampol Limited, and Viva Energy Group Ltd.. Origin Energy Limited has an analyst consensus of Hold, with a price target consensus of $6.91.
