Bank sits 5-10% below consensus on core earnings from 2027, citing need for pipeline success and new launch execution JP Morgan has retained its underweight rating on GSK PLC (LSE:GSK, NYSE:GSK) with a June 2027 price target of £17, arguing that near-term earnings upgrade potential is limited and that the pharmaceutical group's longer-term outlook remains contingent on pipeline success and the execution of new product launches. Analyst Zain Ebrahim made modest forecast changes following GSK's first-quarter 2026 results, including foreign exchange-related adjustments of 0% to 1% to sales forecasts across 2026 to 2031 and upgrades of 1% to 2% to core operating profit estimates.
Kinder Morgan delivered strong Q1 '26 results, with EBITDA up 18% and a $10B expansion backlog, driven by robust natural gas demand. KMI's natural gas segment, supported by fee-based contracts, underpins earnings growth and a dividend coverage ratio estimated at 2.72X for Q1 '26. Shares trade at 11.9X EV/EBITDA, below the industry average, implying 7.1% revaluation potential and a fair value target of $34 per share.
Morgan Stanley Investment Management (MSIM) has launched a new government money market fund designed to meet the needs of payment stablecoin issuers that are looking to invest the reserves that back their outstanding payment stablecoins.
Morgan Stanley downgraded Freeport-McMoRan (NYSE:FCX | FCX Price Prediction) to Equal Weight from Overweight and cut its price target to $66 from $70, pointing to a slower production ramp at the company's Grasberg Block Cave mine in Indonesia.
Kinder Morgan NYSE: KMI is well-positioned as a leading middleman for natural gas markets. While its business is diversified across energy markets, the focus is on natural gas, and demand is swelling.
Kinder Morgan delivered a standout Q1. KMI's earnings surge is nonrecurring. Guidance remains unchanged.
KMI's bottom line beats Q1 2026 estimates as Natural Gas Pipelines drive earnings, with strong volumes and a $10.1B backlog supporting growth outlook.
Kinder Morgan beat Wall Street expectations for first-quarter profit on Wednesday, helped by higher volumes of natural gas transported through its pipelines.
Wall Street's AI trade is broadening again, and Morgan Stanley wants investors to look beyond the chips that have dominated the first leg of the rally. In a note on April 20, the bank said increasingly autonomous, so-called agentic AI could lift demand for CPUs and memory.
KMI's Q1 EPS is expected to be 38 cents on $4.7-billion revenues as gas pipelines rise and the CO2 segment softens.
PDD Holdings (NASDAQ:PDD) just picked up a time-sensitive bullish call from one of Wall Street's most closely watched firms.
Affirm Holdings (NASDAQ:AFRM) just earned a Top Pick designation from Morgan Stanley.