The Latest Breaking News from Seaport Global

Oklo's strategic advancements have propelled its stock 192% higher this year, with recent analyst upgrades reinforcing investor optimism.

As earnings season approaches, cannabis financial analysts are getting ready to conduct intrinsic valuations and scale back their market forecasts.

Gol Linhas Aereas Inteligentes SA (NYSE:GOL) reported preliminary air traffic figures for February 2022. GOL's total demand (RPK) increased by 35.0%, and the load factor was 80.3%, a 0.5 p.p decrease compared to February 2021. Total supply (ASK) increased 35.8%. In the domestic market, demand (RPK) for GOL's flights increased 30.9%, supply…

Seaport Global analyst Daniel McKenzie downgraded certain companies in the Airlines sector. McKenzie cites "energy market chaos" tied to the Russian/Ukraine war and calls it a "weaker balance sheet story" as the reason behind the downgrade.

Upgrades

Seaport Global analyst Mark Weintraub upgraded KB Home (NYSE:KBH) to Buy from Neutral with a $53 price target. Weintraub noted the stock had dropped 16% in one week on concerns about rising interest rates. However, the analyst sees "underlying positives" for housing, including strong demographics and continued catch-up post a decade of underbuilding. Following his…

Upgrades