Citigroup initiated coverage on Eneti with a new price target
$NETI
Marine Transportation
Consumer Discretionary
Citigroup initiated coverage of Eneti with a rating of Buy and set a new price target of $10.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/22/2023 | $14.00 | Buy → Neutral | Citigroup |
| 4/11/2023 | $13.00 | Buy | Pareto |
| 9/13/2022 | $11.00 | Buy | Jefferies |
| 2/11/2022 | $10.00 | Buy | Citigroup |
| 1/21/2022 | $21.00 → $10.00 | Hold → Buy | Jefferies |
| 11/15/2021 | $20.00 → $14.00 | Hold → Buy | Stifel |
| 8/19/2021 | $22.00 → $21.00 | Hold | Jefferies |
MONACO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti") and Cadeler A/S (OSE: CADLR) ("Cadeler"), two offshore wind turbine and foundation installation companies, remind shareholders that the expiration date for the share exchange offer (the "Share Exchange Offer") to acquire all of the issued and outstanding shares of the common stock of Eneti has been extended to 5:30 p.m. Eastern Time on December 14, 2023. Shareholders that have previously tendered their shares do not need to take any action in response to the extension of the Share Exchange Offer. If you would like to tender your shares or require assistance, please contact D.F. King & Co., Inc., the information ag
MONACO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Cadeler A/S (OSE: CADLR) ("Cadeler") and Eneti Inc. (NYSE:NETI) ("Eneti"), two offshore wind turbine and foundation installation companies, announced the extension of the expiration date for the share exchange offer (the "Share Exchange Offer") to acquire all of the issued and outstanding shares of the common stock of Eneti Inc. (NYSE:NETI) ("Eneti") to 5:30 p.m. Eastern Time on December 14, 2023. In addition, Cadeler has determined pursuant to the terms of the Share Exchange Offer as set forth in the Prospectus/Offer to Exchange, dated November 7, 2023 (the "Prospectus/Offer to Exchange") to reduce the minimum tender condition for the Share Excha
MONACO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Cadeler A/S (OSE: CADLR) ("Cadeler") and Eneti Inc. (NYSE:NETI) ("Eneti"), two offshore wind turbine and foundation installation companies, announced the extension of the expiration date for the share exchange offer (the "Share Exchange Offer") to acquire all of the issued and outstanding shares of the common stock of Eneti Inc. (NYSE:NETI) ("Eneti") to 5:30 p.m. Eastern Time on December 14, 2023. In addition, Cadeler has determined pursuant to the terms of the Share Exchange Offer as set forth in the Prospectus/Offer to Exchange, dated November 7, 2023 (the "Prospectus/Offer to Exchange") to reduce the minimum tender condition for the Share Exchan
SC 13D/A - ENETI INC. (0001587264) (Subject)
SC 13D - ENETI INC. (0001587264) (Subject)
SC 13D/A - ENETI INC. (0001587264) (Subject)
MONACO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended September 30, 2023. The Company also announced that on November 14, 2023 its board of directors (the "Board of Directors") declared a quarterly cash dividend of $0.01 per share on the Company's common shares. Results for the Three and Nine Months Ended September 30, 2023 and 2022 For the third quarter of 2023, the Company's GAAP net income was $18.3 million, or $0.48 per diluted share, including transaction costs of $0.2 million or $0.01 per diluted share, consisting primarily of legal and tax services related to its pending business combinat
MONACO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Cadeler A/S (OSE: CADLR) ("Cadeler") and Eneti Inc. (NYSE:NETI) ("Eneti"), two offshore wind turbine and foundation installation companies, announce the commencement of a share exchange offer (the "Offer") for all of the outstanding shares of common stock of Eneti. The Offer is being made pursuant to the Business Combination Agreement, announced on June 16, 2023. The Offer is expected to close within Q4 2023. Cadeler will host a conference call on November 8, 2023 at 9:00 a.m. ET / 3:00 p.m. CET (please see below for webcast details). The combined group will be named Cadeler, and be headquartered in Copenhagen, Denmark, with its shares to be l
MONACO, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce third quarter 2023 financial results in a press release that will be issued before the market opens on Tuesday, November 14, 2023. A conference call to discuss the Company's results will be held at 9:00 AM Eastern Time / 3:00 PM Central European Time on November 14, 2023. Those wishing to listen to the call should dial 1 (877) 513-1694 (U.S.) or 1 (412) 902-4269 (International) at least 15 minutes prior to the start of the call to ensure connection. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility
15-12G - ENETI INC. (0001587264) (Filer)
25-NSE - ENETI INC. (0001587264) (Subject)
6-K - ENETI INC. (0001587264) (Filer)
Citigroup downgraded Eneti from Buy to Neutral and set a new price target of $14.00
Pareto initiated coverage of Eneti with a rating of Buy and set a new price target of $13.00
Jefferies resumed coverage of Eneti with a rating of Buy and set a new price target of $11.00
Shares of Comtech Telecommunications Corp. (NASDAQ:CMTL) moved lower during Friday’s session following weak quarterly earnings. Comtech Telecom posted adjusted earnings of 24 cents per share, missing market estimates of 26 cents per share. The company’s quarterly sales came in at $151.91 million versus expectations of $151.87 million. Comtech Telecommunications shares fell 16.4% to $10.45 on Friday. Here are some other stocks moving in today's mid-day session. Gainers Intensity Therapeutics, Inc. (NASDAQ:INTS) shares jumped 149.2% to $10.32. Intensity Therapeutics presented INT230-6 data in early-stage breast cancer patients. MBIA Inc. (NYSE:MBI) shares climbed 63.8% to $12.09 after