Latest news with #Kernan
Business Wire
12 hours ago
- Automotive
- Business Wire
ITT to Showcase Revolutionary Industrial Motor at VIDAR Unveiled Launch Event and Deliver Keynote Presentation at Downstream USA 2025
STAMFORD, Conn.--(BUSINESS WIRE)-- ITT) today announced that business leaders from the company will present VIDAR, a revolutionary compact motor that combines embedded variable speed intelligence with advanced energy efficiency and reliability for industrial pumps and fans, at two landmark events next week. On June 24, ITT will host the VIDAR Unveiled event in Houston to formally launch VIDAR to customers and partners. The event will be highlighted by presentations from Senior Vice President, Chief Strategy Officer and President, Industrial Process Bartek Makowiecki and Vice President and VIDAR General Manager Dan Kernan. The event will also include interactive experience stations demonstrating VIDAR's game-changing capabilities. On June 25 at 9:40 a.m. CT, Kernan will deliver a keynote presentation at Downstream USA 2025 on the topic of 'Unlocking Hidden Energy, Reliability and ROI in Every Pump and Fan.' Downstream USA, organized by Reuters Events and held at the George R. Brown Convention Center in Houston, is North America's leading downstream conference with more than 3,000 petrochemical, chemical and EPC attendees. VIDAR solves a problem endemic to the global flow industry: wasted energy. Each year, roughly $300 billion is spent globally to move fluids for critical applications. However, approximately 85% of industrial pumps and fans rely on outdated fixed speed motors and mechanical controls, resulting in excess energy usage. VIDAR, an industrial motor with advanced variable frequency technology in a package 60% smaller than current market solutions, ensures that rotating equipment runs at desired flow rates while reducing energy and maintenance costs for operators. 'VIDAR is more than just a motor; it's a compact powerhouse that replaces traditional motors and variable frequency drives and fits seamlessly into existing footprints. In one field trial, deploying VIDAR on a single pump reduced energy usage by over 50% and saved the customer roughly $20,000. VIDAR is another example of ITT's differentiation through innovation, with a game changing technology. Both VIDAR Unveiled and Downstream USA 2025 are the next opportunities for customers and partners to experience firsthand how VIDAR reduces energy waste and lowers costs in critical downstream and chemical applications,' said Kernan. About VIDAR VIDAR is an innovative leader in the design and manufacturing of advanced energy-efficient motors for industrial fluid delivery systems. Specializing in the integration of variable-speed intelligence directly into motor technology, VIDAR provides sustainable solutions that significantly reduce energy consumption and operational costs. Committed to transforming industrial performance, VIDAR motors offer enhanced efficiency, reliability, and space-saving design. Headquartered in Syracuse, New York, VIDAR currently serves industries across North America and is actively expanding its platform to drive energy savings and advance environmental sustainability on a global scale. For more information about VIDAR, please visit About ITT ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and energy markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in Stamford, Connecticut, with employees in more than 35 countries and sales in approximately 125 countries. For more information, visit ITT-E
Business Insider
5 days ago
- Business
- Business Insider
Deckers Outdoor (DECK) Receives a Buy from TD Cowen
TD Cowen analyst John Kernan maintained a Buy rating on Deckers Outdoor (DECK – Research Report) on June 13 and set a price target of $157.00. The company's shares closed last Friday at $101.48. 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 Kernan covers the Consumer Cyclical sector, focusing on stocks such as Ralph Lauren, Deckers Outdoor, and Dick's Sporting Goods. According to TipRanks, Kernan has an average return of 8.9% and a 51.62% success rate on recommended stocks. In addition to TD Cowen, Deckers Outdoor also received a Buy from UBS's Jay Sole in a report issued on June 5. However, on June 13, Argus Research initiated coverage with a Hold rating on Deckers Outdoor (NYSE: DECK). DECK market cap is currently $15.16B and has a P/E ratio of 16.02. Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DECK in relation to earlier this year. Earlier this month, Cindy Davis, a Director at DECK bought 1,825.00 shares for a total of $200,312.00.
Business Insider
5 days ago
- Business
- Business Insider
TD Cowen Reaffirms Their Buy Rating on Lululemon Athletica (LULU)
TD Cowen analyst John Kernan maintained a Buy rating on Lululemon Athletica (LULU – Research Report) on June 13 and set a price target of $321.00. The company's shares closed last Friday at $239.11. 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 Kernan covers the Consumer Cyclical sector, focusing on stocks such as Ralph Lauren, Deckers Outdoor, and Dick's Sporting Goods. According to TipRanks, Kernan has an average return of 8.9% and a 51.62% success rate on recommended stocks. Currently, the analyst consensus on Lululemon Athletica is a Moderate Buy with an average price target of $310.44, a 29.83% upside from current levels. In a report released on June 11, Bernstein also maintained a Buy rating on the stock with a $350.00 price target.
Business Insider
5 days ago
- Business
- Business Insider
TD Cowen Keeps Their Hold Rating on adidas AG (0OLD)
TD Cowen analyst John Kernan maintained a Hold rating on adidas AG (0OLD – Research Report) on June 13 and set a price target of €227.00. The company's shares closed last Friday at €199.95. 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 Kernan covers the Consumer Cyclical sector, focusing on stocks such as Ralph Lauren, Deckers Outdoor, and Dick's Sporting Goods. According to TipRanks, Kernan has an average return of 8.9% and a 51.62% success rate on recommended stocks. adidas AG has an analyst consensus of Strong Buy, with a price target consensus of €259.64.
Business Insider
5 days ago
- Business
- Business Insider
TD Cowen Sticks to Their Buy Rating for Ralph Lauren (RL)
TD Cowen analyst John Kernan maintained a Buy rating on Ralph Lauren (RL – Research Report) on June 13 and set a price target of $308.00. The company's shares closed last Friday at $260.21. 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, Kernan is a 5-star analyst with an average return of 8.9% and a 51.62% success rate. Kernan covers the Consumer Cyclical sector, focusing on stocks such as Ralph Lauren, Deckers Outdoor, and Dick's Sporting Goods. Currently, the analyst consensus on Ralph Lauren is a Moderate Buy with an average price target of $310.33, representing a 19.26% upside. In a report released on May 30, Deutsche Bank also resumed coverage with a Buy rating on the stock with a $343.00 price target. RL market cap is currently $15.7B and has a P/E ratio of 22.42. Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RL in relation to earlier this year. Earlier this month, Ralph Lauren, the Exec. Chair, Chief Creative of RL sold 265,000.00 shares for a total of $71,483,750.00.
