BofA Securities analyst Ken Hoexter downgraded the shares of Knight-Swift Transportation Holdings Inc ( KNX ) on Tuesday from Buy to Neutral and lowered the price forecast from $66.00 to $46.00. The revision reflects a reduced valuation multiple of 28x, down from 33x, slightly exceeding the company’s historical range of 14x-26x. The stock currently trades at 26.4x the 2025 EPS estimate,...

In the preceding three months, 7 analysts have released ratings for Progress Software ( PRGS ) , presenting a wide array of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4...

At first glance, the narrative for financial technology platform PayPal Holdings Inc ( PYPL ) appears rather suspect. Consumer sentiment sank to its lowest reading since November 2022 while inflation expectations skyrocketed, reflecting the dour environment for discretionary spending. Throw in the tariffs President Donald Trump announced last month and the pessimism only exacerbates. Nevertheless, it's also fair to point...

Deep-pocketed investors have adopted a bearish approach towards Accenture ( ACN ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ACN usually suggests something big is about to happen. We gleaned this information from...