Materion Corporation is a global leader in advanced materials and components, specializing in the development and production of high-performance alloys, metals, and engineered materials
The company serves a diverse array of industries, including aerospace, defense, telecommunications, and electronics, providing critical solutions that enhance the performance and reliability of various applications. With a focus on research and innovation, Materion is committed to delivering technologically advanced products that meet the unique needs of its customers while promoting sustainability and operational efficiency. Through its extensive expertise in material science, Materion plays a pivotal role in advancing technologies that drive progress across multiple sectors.
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U.S. stocks closed mixed on Friday, with the S&P 500 snapping a six-day winning streak. However, the broad market index recorded gains last week. The S&P 500 gained around 1.1%, while the blue-chip Dow added about 0.7% last week.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
U.S. stocks settled higher on Friday, following the release of jobs data. The S&P 500 closed the week higher by around 0.48%, snapping a four-week losing streak.
HSBC raised the price target for Constellation Brands, Inc. (NYSESTZ) from $280 to $290. HSBC analyst Carlos Laboy maintained a Buy rating. Constellation shares fell 3.2% to close at $241.33 on Thursday.
As the day concludes, Materion (NYSEMTRN) is preparing to distribute a dividend payout of $0.13 per share, resulting in an annualized dividend yield of 0.49%. This payout is exclusive to investors who held the stock before the ex-dividend date on August 24, 2023.
Companies Reporting Before The Bell • RELX (NYSERELX) is estimated to report earnings for its Fiscal Year 2022. • Coca-Cola Europacific NASDAQ:CCEPNASDAQCCEP)
Gainers TravelCenters of America Inc. (NASDAQTA) shares jumped 70.5% to $84.32 after BP announced it will acquire the company for $86 per share in cash.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.
