Loop Capital has taken a bearish stance on the transportation sector, issuing multiple downgrades to key stocks on Monday in direct response to the Trump administration's aggressive tariff strategy.

Closed Loop Partners, New York City, has announced Capricorn Investment Group has invested in Closed Loop Capital Management, the company’s asset management business, joining existing shareholders JS ...

Loop Capital upped its price target for SMCI from $35 to $40 but saw possible challenges in early 2025 owing to Tier 2 client purchase habits and delays in GB200 allocation. Developer of storage ...

Loop Capital has taken a bearish stance on the transportation sector, issuing multiple downgrades to key stocks on Monday in direct response to the Trump administration's aggressive tariff strategy.

On Tuesday, Loop Capital initiated coverage on Viking Holdings (NYSE:VIK), awarding the cruise line operator with a Buy rating and a price target (PT) of $55.00. The firm's analysts expressed ...

Loop Capital Markets analyst Chris Dankert maintained a Hold rating on Kennametal (KMT – Research Report) today and set a price target of $21.00. The company’s shares closed last Friday at $22.28.

Loop Capital last night downgraded Atkore (ATKR) to Hold from Buy with a price target of $65, down from $115. The firm lacks confidence that a “durable pricing floor” has been reached.

On Wednesday, Loop Capital Markets adjusted its stance on Aspen Technology (NASDAQ:AZPN) stock, downgrading the rating from Buy to Hold while slightly increasing the price target to $265 from $260.

Advanced Drainage Systems (NYSE:WMS – Free Report) had its price objective lowered by Loop Capital from $170.00 to $160.00 in a research report report published on Friday morning,Benzinga reports.