RXO: A signed transaction with a moving consideration value
RXO Premium research: A signed transaction with a moving consideration value.
CAMS Research Desk
PCVX: A pivotal win with a long path to commercial value
PCVX Premium research: A pivotal win with a long path to commercial value.
NG: The path from gold optionality to funded execution
NG Premium research: The path from gold optionality to funded execution.
Home BancShares Research Note: Strong Profitability Faces an Integration and Credit Test
Home BancShares enters its October update with strong profitability and capital, while acquisition-led growth and concentrated credit remain key tests.
PTC: A signed cash deal with an unfinished approval path
PTC Premium research: a signed cash deal with an unfinished approval path.
Desk Note: Yields and Oil Tighten the Market Test (Oct 07)
A 10-year Treasury yield at its highest since 2002, Brent above $100, and broad cyclical weakness strengthen the restrictive side of the published market thesis.
HOMB: Strong returns meet an exacting earnings test
HOMB Premium research: Strong returns meet an exacting earnings test.
Fastenal Research Note: Growth Strength Meets a Tight Margin Test
Fastenal enters its October update with broad sales momentum, while gross-margin pressure and a demanding valuation raise the operating bar.
FB Financial Research Note: Solid Growth Faces a Credit Quality Test
FB Financial enters its October update with loan and deposit growth intact, while rising nonperforming balances put credit quality in focus.
FAST: Operating momentum meets a demanding valuation
FAST Premium research: operating momentum meets a demanding valuation.