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Investing.com - DA Davidson has reiterated its Neutral rating and $240.00 price target on Broadridge Financial (NYSE:BR), a $26.9 billion market cap financial technology leader, ahead of the company’s upcoming earnings report. According to InvestingPro data, analyst price targets range from $240 to $305, with the stock currently trading near its Fair Value.
The financial technology firm, known for its low volatility and 18-year track record of consecutive dividend increases, is scheduled to release its fiscal first-quarter results for the period ending September 2025 before markets open on Tuesday, November 4. Get deeper insights into Broadridge’s financial health and growth prospects with InvestingPro’s comprehensive research report.
DA Davidson expects Broadridge to meet or modestly exceed both the firm’s forecasts and the consensus estimates for the quarter.
The research firm anticipates that with the first-quarter results, Broadridge management will likely affirm or make minor adjustments to its fiscal 2026 guidance.
Broadridge Financial provides investor communications and technology-driven solutions to banks, broker-dealers, asset managers, and corporate issuers globally.
In other recent news, Broadridge Financial Solutions reported fiscal fourth-quarter results that surpassed both DA Davidson’s forecasts and consensus estimates for revenue and earnings. This positive performance led DA Davidson to raise its price target on Broadridge to $240, maintaining a Neutral rating. Additionally, Raymond James increased its price target to $276, citing a strong growth outlook and improving sales conditions as the quarter progressed. In strategic moves, Broadridge acquired retirement plan technology provider iJoin, aiming to enhance its retirement services by integrating iJoin’s onboarding and data-driven engagement capabilities. Furthermore, Broadridge announced a strategic partnership and minority investment in Uptiq, which will incorporate AI applications into securities-based lending workflows. Another strategic partnership was formed with WealthFeed, where Broadridge invested to enhance advisor lead generation through AI-driven prospecting capabilities. These developments highlight Broadridge’s ongoing efforts to strengthen its technological offerings and expand its market reach.
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