Cook - COOK

Dernières nouvelles pour Traeger (NYSE:COOK) Stock

Traeger

Traeger Inc designs, sources, sells, and supports wood pellet fueled barbeque grills sold to retailers, distributors, and direct to consumers. It produces and sells the pellets used to fire the grills and also sells Traeger-branded rubs, spices, and sauces, as well as grilling accessories including covers, barbeque tools, trays, liners, and merchandise. The company's geographical segments include North America and the Rest of the world, of which majority of revenue is from North America.

Traeger Inc

Cookpad Inc

Barrington Research analyst Gary Prestopino maintains Liquidity Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDT#NASDAQ">LQDT</a>) with a Outperform and raises the price target from $27 to $35.

News

Price Target

Analyst Ratings

LQDT

Barrington Research Maintains Outperform on Liquidity Services, Raises Price Target to $35

Trading Ideas

Watching Western Digital; Shares See Volume To The Downside, Currently Presenting At The Barclays 22nd Annual Global Technology Conference

Shares of Charter Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) were trading higher on Thursday, after declining by nearly <a href="https://www.benzinga.com/quote/CHTR">6% over the past five trading sessions</a>.
The company's capex is set to peak in 2025, resulting in free cash flow growth, according to KeyBanc Capital Markets.
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59f8cd40efacff000111b43b/brandon-nispel" target="_blank" rel="noopener">Analyst Brandon Nispel</a> upgraded the rating for Charter Communications from Sector Weight to Overweight while establishing the price target at $500.
The Charter Communications Thesis: The company is likely to generate "modestly better underlying Broadband subscriber trends" in 2025, while Rural net adds are expected to accelerate, Nispel said in the upgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Charter Communications is likely to report Broadband net adds of 29,000, significantly better than the consensus estimate of a decline of 69,000, he added.
Management guided to capex peaking in 2025 at $12 billion to $12.5 billion, then declining toward $8.0 billion in 2027 and 2028, "as its rural build and DOCSIS 4.0 upgrade are complete," the analyst stated. "We think regardless of what happens on the subscriber side, capex is set to move lower post &#8217;25, and FCF is set to accelerate" and reach nearly $8.0 billion by 2027, he further wrote.
CHTR Price Action: Shares of Charter Communications were up 1.8% to $385.32 at the time of publication Thursday.
Read More: 
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41942346/markets-breath-sigh-of-relief-after-in-line-inflation-data-stocks-rebound-as-small-caps-bonds-soar">Markets Breathe Sigh Of Relief After In-Line Inflation Data: Stocks Rebound As Small Caps, Bonds Soar</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Long Ideas

Upgrades

Movers

CHTR

Charter Spending Peak Signals Higher Free Cash Flow After 2025, Analyst Says

Argus Research analyst Bill Selesky downgrades Arcadium Lithium (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) from Buy to Hold.

Downgrades

ALTM

Argus Research Downgrades Arcadium Lithium to Hold

Canaccord Genuity analyst Mike Mueller maintains Topaz Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TPZ#TSX">TPZ</a>) with a Buy and maintains C$31 price target.

TSX:TPZ

Canaccord Genuity Maintains Buy on Topaz Energy, Maintains C$31 Price Target

Truist Securities analyst Youssef Squali maintains Match Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>) with a Hold and lowers the price target from $35 to $34.

MTCH

Truist Securities Maintains Hold on Match Group, Lowers Price Target to $34

Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) whale Shibtoshi, known for his mysterious persona and gold-themed public mask, has risen to prominence in the crypto world. 
Operating mostly under a veil of anonymity, he shared his story of turning 37 ETH into a multi-billion-dollar Shiba Inu fortune while navigating the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42169183/dont-get-fooled-by-the-success-of-dogecoin-shiba-inu-76-of-x-twitter-influencers-promote-dead-meme-coins-study-reveals">volatile world of cryptocurrency.</a>
<h3 class="wp-block-heading">Turning 37 ETH Into $5.7 Billion In Shiba Inu</h3>
Shibtoshi's crypto journey began in 2011 after a poker game in Las Vegas led to his first Bitcoin purchase.
By 2020, he had shifted focus to meme coins, buying into Shiba Inu shortly after its launch on Aug. 1, 2020.
Using just 37 ETH, worth about $12,765 at the time, he accumulated 104 trillion tokens, which peaked at a value of $5.7 billion.
However, Shibtoshi explains that such large holdings present liquidity challenges. 
"I wasn't going to be able to offload that all in one go without crashing the entire ecosystem," he <a href="https://cointelegraph.com/magazine/how-shibtoshi-gambled-95k-shiba-inu-billionaire/">told</a> Cointelegraph Magazine.
Instead, he learned to sell gradually during high-volume trading days to avoid destabilizing the market.
<h3 class="wp-block-heading">Moving Beyond Meme Coins</h3>
Branching out from trading, Shibtoshi ventured into creating crypto utility platforms. 
In June 2022, he launched SquidGrow, a meme coin that has since evolved into a multi-chain ecosystem offering utilities like Inkubate (an NFT marketplace), SGS Trade (a decentralized exchange) and Knox Locker (a liquidity locker).
One of his latest projects, SilentSwap, is a decentralized, non-custodial privacy aggregator for cross-chain transactions. Built on the Secret Network, it focuses on programmable privacy and encrypted transactions. 
SilentSwap reflects his broader mission of filling gaps in the crypto space by building innovative solutions.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42463001/blackrock-advocates-for-2-bitcoin-allocation-in-multi-asset-portfolios">BlackRock Advocates For 2% Bitcoin Allocation In Multi-Asset Portfolios</a>
<h3 class="wp-block-heading">A Self-Taught Builder</h3>
Despite admitting he's "not a good coder," Shibtoshi taught himself Solidity over six weeks to launch his first project. 
While his early coding efforts included missteps—such as accidentally creating a honeypot contract—he has since leaned on experienced developers to execute his vision.
Shibtoshi emphasizes transparency and accessibility within his community, ensuring members can engage directly with him and his team. 
"Trust has to be earned and never given," he says.
<h3 class="wp-block-heading">Financial Strategy And Longevity</h3>
Despite his significant wealth, Shibtoshi's life is anything but ordinary.
Between trading sessions and building new ventures, he enjoys decompressing with hobbies like hunting and shooting. 
His social media showcases videos of him firing machine guns and tank cannons.
To sustain his projects, Shibtoshi has invested heavily, including $600,000 in security audits for SquidGrow. 
He employs creative financial strategies, such as using collateralized loans against his crypto holdings to offset tax liabilities.
As for his outlook on U.S. crypto policy, Shibtoshi is optimistic about the <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42444623/trump-admins-crypto-push-revives-industry-hopes-for-banking-access">regulatory clarity</a> expected under Donald Trump's presidency.
He believes clearer guidelines and supportive policies could position the U.S. as a global leader <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42466189/trump-talks-stocks-bitcoin-ai-economy-with-jim-cramer-youre-going-to-see-some-very-good-days-ahead">in blockchain innovation.</a>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42460507/hacker-exploits-dogecoin-vulnerability-crashes-69-of-nodes-but-doge-still-spikes-1-8">Hacker Exploits Dogecoin Vulnerability, Crashes 69% Of Nodes—But DOGE Still Spikes 1.8%</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$SHIB

Shiba Inu Whale Shibtoshi Turned 37 ETH Into $5 Billion With SHIB: Here's What Happened Next

<a href="https://www.investments.halifax.co.uk/research-centre/news-centre/article/?id=34753093&amp;type=rns">https://www.investments.halifax.co.uk/research-centre/news-centre/article/?id=34753093&amp;type=rns</a>
The Board of Tullow notes the recent media speculation and confirms that it is in preliminary discussions with Kosmos Energy Ltd ("Kosmos") regarding a possible all-share offer by Kosmos for the Company.
&nbsp;
There can be no certainty that any offer will be made, nor as to the terms on which any such offer might be made. A further announcement will be made as and when appropriate.

Tullow Oil Issues Statement Regarding Possible Offer; Confirms That It Is In Preliminary Discussions With Kosmos Energy; In Preliminary Discussions With Kosmos For Possible All-Share Offer

HC Wainwright &amp; Co. analyst Emily Bodnar reiterates Atossa Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATOS#NASDAQ">ATOS</a>) from Buy to Buy.

Reiteration

ATOS

HC Wainwright & Co. Reiterates Buy on Atossa Therapeuticsto Buy

Canaccord Genuity analyst Tania Armstrong-Whitworth maintains Dentalcorp Holdings (CSE2: DNTL) with a Buy and maintains C$12.25 price target.

Canaccord Genuity Maintains Buy on Dentalcorp Holdings, Maintains C$12.25 Price Target

Truist Securities analyst Scot Ciccarelli maintains Lowe's Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) with a Buy and lowers the price target from $310 to $307.

Truist Securities Maintains Buy on Lowe's Companies, Lowers Price Target to $307

Truist Securities analyst Jailendra Singh maintains IQVIA Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IQV#NYSE">IQV</a>) with a Buy and lowers the price target from $265 to $261.

Truist Securities Maintains Buy on IQVIA Hldgs, Lowers Price Target to $261

Wall Street faced a murky morning on Thursday as fresh data revealed a jump in wholesale prices alongside a sharp rise in jobless claims. These conflicting signals rattled investors, casting doubt on the trajectory of the economy and the Federal <a href="https://www.benzinga.com/topic/interest-rates">Reserve&#8217;s interest rate strategy.</a>
The S&amp;P 500 index – as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) – fell by 0.2%, while the tech-heavy Nasdaq 100 – tracked by the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) – dropped 0.4%. Small caps fared worse, with the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) shedding 0.9%. 
Meanwhile, the U.S. dollar index – as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) – strengthened after an initial dip.
<h3 class="wp-block-heading">Wholesale Inflation Soars: PPI Hits 3%, Highest Since February 2023</h3>
The Producer Price Index (PPI) surged to 3% year-over-year in November, the steepest increase since February 2023. This marked a jump from October&#8217;s revised 2.6% and exceeded economists&#8217; forecasts of 2.6%. On a monthly basis, PPI rose 0.4%, doubling market expectations.
Core PPI inflation, which strips out volatile food and energy prices, climbed 0.2% for the month (meeting estimates) and hit 3.4% annually.
These numbers come on the heels of November's Consumer Price Index (CPI) report, which showed a 2.7% year-over-year increase, as expected.
Six out of the last seven PPI inflation reports have been revised higher, as The Kobeissi Letter highlighted on social media X 
"CPI, PPI, and PCE inflation are all officially back on the rise in the United States. What is happening here?"
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BREAKING: The US Bureau of Labor Statistics has revised October PPI inflation HIGHER, from 2.4% to 2.6%. Also, Core PPI inflation for October has been revised HIGHER from 3.1% to 3.4%. This means that 6 out of the last 7 PPI inflation reports have now been revised higher. With… <a href="https://t.co/hOiCV1Cy8u">pic.twitter.com/hOiCV1Cy8u</a>
&mdash; The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/1867202075102204303?ref_src=twsrc%5Etfw">December 12, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<h3 class="wp-block-heading">Jobless Claims Climb</h3>
Adding to the turbulence, initial jobless claims jumped by 17,000 last week to 242,000, smashing expectations of 220,000. This marks the sharpest increase since October. Continuing claims, which measure people still receiving unemployment benefits, climbed to 1.886 million, nearing the three-year high of 1.908 million recorded last month.
Jobless claims rose significantly in states like California, up by 14,800, Texas, up by 9,500, and New York, up by 9,200.
This outcome may challenge the idea that the U.S. labor market remains tight. 
As highlighted by Nick Timiraos, chief economics correspondent at the Wall Street Journal, continuing claims for unemployment insurance are now running slightly above levels seen in 2018-2019.
<h3 class="wp-block-heading">Economist Reactions: What&#8217;s Next For The Fed? </h3>
&#8220;Look for these numbers to fuel something I&#8217;ve been posting about for a while: the likelihood of relatively sticky inflation, and, associated with that, the choice that the Fed will face in its policy deliberation on the &#8220;last mile&#8221; to its inflation target of 2%," economist Mohamed El Erian wrote on X. 
Clark Bellin, president of Bellwether Wealth, said, "While Thursday&#8217;s PPI was stronger-than-expected, we believe the Federal Reserve will still proceed with its expected 25 basis-point rate cut in December."
Yet, persistent inflation and a weakening labor market may limit the Fed&#8217;s flexibility in 2025. "The trajectory for interest rates remains uncertain," Bellin added.
Bank of America&#8217;s economist Stephen Juneau offered a more tempered view, stating: "We expect core PCE to rise by 0.1% m/m in November, with risk of rounding up to 0.2%. This would leave the y/y rate at 2.8%."
&#8220;This would be welcome news for the Fed after core PCE rose by 0.3% m/m in October and September,&#8221; he added. 
Bank of America expects the Fed to cut in December and then two more times next year in March and June for a terminal of 3.75%-4.00%.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42464081/trump-wins-time-person-of-year-rings-nyse-opening-bell-highlights-growth-ahead-the-economy-i-believe-is-going-to-be-very-strong">Trump Rings NYSE Opening Bell, Says Economy &#8216;Is Going To Be Very Strong&#8217;</a></li>
</ul>
Photo: Shutterstock

Macro Economic Events

Broad U.S. Equity ETFs

Econ #s

Economics

Federal Reserve

ETFs

PowerShares DB US Dollar Index Bullish Fund

Stocks Fall As Producer Inflation Spikes, Jobless Claims Jump: 'What Is Happening Here?'

Guidance

CIEN

Ciena Sees Q1 Revenue $1.01B-$1.09B Vs $999.2M Est.; Adjusted Gross Margin In The Low 40s Range, And Adjusted Operating Expense Of ~$350M

JP Morgan analyst Andrea Teixeira initiated coverage on Celsius Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>)<a target="_blank" href="https://www.benzinga.com/quote/CELH/analyst-ratings" rel="noreferrer noopener"> with an Overweight rating and a price forecast of $37.</a>
Celsius Holdings ranks as the 3rd largest energy drink brand in the U.S., aligning with key consumer trends like health, wellness, and zero sugar. Despite a slowdown in the U.S. energy drink market, Teixeira sees the company&#8217;s strong growth prospects in these sectors will continue to drive top-tier growth.
According to the analyst, Celsius stands out in the energy drink market with broader appeal, attracting higher-income and female consumers. Its premium, &#8216;better-for-you&#8217; positioning and fruit-forward flavors make it more accessible to younger, white-collar workers, in contrast to brands like Monster Beverage Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>) or Red Bull.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42464081/trump-wins-time-person-of-year-rings-nyse-opening-bell-highlights-growth-ahead-the-economy-i-believe-is-going-to-be-very-strong" rel="noreferrer noopener">Trump Rings NYSE Opening Bell, Says Economy &#8216;Is Going To Be Very Strong&#8217;</a>
The Vibe line, with bolder flavors, adds to its unique appeal. Unlike other emerging brands that faded, Celsius maintains staying power due to its distinct identity and differentiation, Teixeira writes.
Long-term, Celsius is positioned to benefit from key consumer trends, driving market share gains both in the U.S. and internationally.
As the category recovers and consumers increasingly choose functional beverages, Celsius&#8217; valuation discount may narrow compared to other fast-growing consumer brands.
The analyst suggests that Celsius&#8217; current 10% share of the U.S. market could see a 10-29% increase in equity value, assuming Monster&#8217;s U.S. market share drives 60-70% of its valuation.
This estimate, however, doesn&#8217;t account for further market share growth, international expansion, entry into new categories, or margin improvements, Teixeira adds.
The analyst projects the company to report adjusted earnings per share of $0.70 in FY24 and $0.96 in FY25.
Price Action: CELH shares are trading higher by 5.38% to $31.36 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/11/41783357/how-did-s-p-500-sectors-perform-during-trumps-first-term-could-this-time-be-different" target="_blank" rel="noreferrer noopener">How Did S&amp;P 500 Stock Sectors Perform During Trump&#8217;s First Term? Could This Time Be Different?</a></li>
</ul>
Photo via Shutterstock.

Equities

Initiation

Markets

General

CELH

MNST

Celsius' 'Better-For-You' Edge Could Unlock Equity Upside, Says JP Morgan Analyst

Needham analyst Serge Belanger reiterates Trevi Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRVI#NASDAQ">TRVI</a>) with a Buy and maintains $8 price target.

TRVI

Needham Reiterates Buy on Trevi Therapeutics, Maintains $8 Price Target

Truist Securities analyst Joel Fishbein maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Hold and raises the price target from $900 to $1100.

Truist Securities Maintains Hold on ServiceNow, Raises Price Target to $1100

Truist Securities analyst Joel Fishbein maintains Dynatrace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DT#NYSE">DT</a>) with a Buy and raises the price target from $60 to $70.

Truist Securities Maintains Buy on Dynatrace, Raises Price Target to $70

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Esperion Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESPR#NASDAQ">ESPR</a>) with a Buy and maintains $16 price target.

ESPR

HC Wainwright & Co. Reiterates Buy on Esperion Therapeutics, Maintains $16 Price Target

Truist Securities analyst Joel Fishbein maintains Datadog (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) with a Buy and raises the price target from $155 to $170.

DDOG

Truist Securities Maintains Buy on Datadog, Raises Price Target to $170

Reports Q3 revenue $122.1M, consensus $118.8M. "Traeger (COOK) delivered third quarter results which were ahead of our expectations and which demon...

Traeger reports Q3 EPS (15c), consensus (6c)

Sees FY24 adjusted EBITDA $78M-$81M. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>...

Traeger sees FY24 revenue $595M-$605M, consensus $598M

Traeger, Inc. ( ($COOK) ) has released its Q3 earnings. Here is a breakdown of the information Traeger, Inc. presented to its investors. Traeger, I...

Traeger, Inc. Reports Strong Q3 Results, Raises FY24 Outlook

Traeger, Inc. (COOK) Q3 2024 Earnings Call Transcript

Telsey Advisory analyst Joe Feldman maintained a Buy rating on Traeger (COOK – Research Report) today and set a price target of $4.00. The company'...

Telsey Advisory Remains a Buy on Traeger (COOK)

Morgan Stanley analyst Megan Alexander maintained a Sell rating on Traeger (COOK – Research Report) today and set a price target of $3.00. The comp...

Traeger (COOK) Receives a Sell from Morgan Stanley

B. Riley raised the firm's price target on Traeger (COOK) to $4 from $3.50 and keeps a Buy rating on the shares. The company posted a strong Q3, an...

Traeger price target raised to $4 from $3.50 at B. Riley

Robert W. Baird analyst Peter Benedict maintained a Hold rating on Traeger (COOK – Research Report) on November 6 and set a price target of $3.50. ...

Balanced Outlook: Traeger's Promising Growth Amidst Risks and Uncertainties

Despite Improvements, Traeger Isn't Ready For An Upgrade Just Yet

In a report released yesterday, Brian McNamara from Canaccord Genuity maintained a Buy rating on Traeger (COOK – Research Report), with a price tar...

Comments

Traeger

Actualités

Dernières nouvelles pour Traeger (NYSE:COOK) Stock

Les gens regardent aussi

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL