WS #16311
Financial and industrial sectors showed mixed resilience with S&T Bancorp beating EPS estimates by 10% and Honeywell raising its full-year sales guidance following a strong independent debut. In the AI infrastructure space, Nebius received a Buy rating from BofA with a $310 price target, reinforcing institutional conviction in the European GPU buildout despite the broader market rotation away from speculative tech.
Earnings and Analyst Moves
Financial and industrial sectors showed mixed resilience with S&T Bancorp beating EPS estimates by 10% and Honeywell raising its full-year sales guidance following a strong independent debut. In the AI infrastructure space, Nebius received a Buy rating from BofA with a $310 price target, reinforcing institutional conviction in the European GPU buildout despite the broader market rotation away from speculative tech.