Patrick McCann, CFA, Research Analyst, Noble Capital Markets, Inc.
Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Extended maturity. The company completed a comprehensive refinance that extends its primary debt maturities to January 2031, removing the prior 2027 overhang. The new $325M senior secured term loan and $90M revolver replace the legacy structure and provide a multi-year runway. We view this as a structural reset that repositions the balance sheet to be better-aligned with the company’s long-term growth strategy.
Cost of capital improvements. The new facility delivers immediate interest savings on the revolver (SOFR + 400 bps versus SOFR + 500 bps previously) and embeds a clear path to lower term-loan pricing. The term loan begins at SOFR + 650 bps, with step-downs to SOFR + 600 bps and ultimately SOFR + 550 bps as leverage and Cash EBITDA improve. Operating performance will now have the potential to directly translate into interest savings.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
4Q25. Preliminary total GAAP revenues for 4Q25 are expected to be approximately $207 million, a 6.8% decrease from $222 million in 4Q24 and below the $223 million consensus estimate. This decline was primarily driven by RA Sushi and Kona Grill closures as part of the portfolio optimization and the change in the Company’s fiscal year. The Grill closures are expected to reduce total GAAP revenues by approximately 2.4%, representing 35% of the expected total GAAP revenue decline.
Calendar Impacts. The fiscal calendar change to 4 equal quarters in 2025 created timing differences that impacted quarterly comparisons: 4Q25 had 91 days versus 92 days in 4Q24. Additionally, the New Year’s Eve holiday shifted from fiscal 2025 to fiscal 2026. The exclusion of New Year’s Eve in the current year impacted total GAAP revenues by approximately 2.5%, representing 37% of the expected total GAAP revenue decline. Fourth quarter comparable sales are expected to decrease by approximately 1.8%.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Kelly (Nasdaq: KELYA, KELYB) connects talented people to companies in need of their skills in areas including Science, Engineering, Education, Office, Contact Center, Light Industrial, and more. We’re always thinking about what’s next in the evolving world of work, and we help people ditch the script on old ways of thinking and embrace the value of all workstyles in the workplace. We directly employ nearly 350,000 people around the world and connect thousands more with work through our global network of talent suppliers and partners in our outsourcing and consulting practice. Revenue in 2021 was $4.9 billion. Visit kellyservices.com and let us help with what’s next for you.
Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
A Surprise Sale. Yesterday morning, Kelly Services announced that last Friday, the Terence E. Adderley Revocable Trust K notified Kelly’s Board that it entered into a definitive agreement to sell its entire holding, which constitutes 92.2% of the voting Class B common stock, to a private party. In an amended Schedule 13D filing after the market closed yesterday, the buyer was identified as Hunt Equity Opportunities.
A Large Premium. Hunt is purchasing the 3,039,940 B shares held by the Trust for $106 million, or the equivalent of $34.87/sh. The B shares closed on Friday at $8.86. Historically, the A and B shares have traded in tandem, although there have been periods in which one class has outpaced the other. There is a potential $15.2 million additional payout if the market capitalization of Kelly is equal to or greater than $1.2 billion at any time over the next 48 months. The deal is expected to close by the end of January.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.
Jacob Mutchler, Research Associate, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Amazon MGM Studios partnership. Notably, on January 12, the company announced an exclusive multi-year home entertainment licensing agreement with Amazon MGM Studios Distribution. Furthermore, the partnership positions the company as the sole physical media distributor for Amazon MGM titles across DVD, Blu-ray, UHD/4K, and premium collector options in the U.S. and Canada.
Extensive catalog. Notably, Amazon MGM Studios has a number of favorable releases this year, including Fallout Season 2 and Mercy. Additionally, the new releases build on an extensive content catalog, which includes globally recognized franchises such as James Bond and Rocky, as well as several other popular titles, including The Silence of the Lambs and Legally Blonde.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Federal Reserve Chair Jerome Powell revealed Sunday that the U.S. Department of Justice has issued grand jury subpoenas to the Federal Reserve, opening a case that could potentially lead to a criminal indictment against him. The development marks a dramatic escalation in tensions between the central bank and the Trump administration, with Powell characterizing the move as part of an ongoing pressure campaign over interest rate policy.
According to Powell, the subpoenas are tied to his testimony before the U.S. Senate Banking Committee in June, where he addressed scrutiny surrounding cost overruns in the Federal Reserve’s headquarters renovation project. Powell has consistently disputed claims that the renovation involved luxury features or legal violations, stating that public reports and political accusations have been inaccurate and misleading.
In a recorded statement released Sunday night, Powell suggested the DOJ’s action goes beyond a factual dispute over his testimony. Instead, he framed the case as a response to the Federal Reserve’s refusal to align interest rate decisions with political demands.
“The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public,” Powell said, “rather than following the preferences of the President.”
Powell emphasized that the issue at stake is whether monetary policy will continue to be guided by economic data and evidence, or whether it will be shaped by political pressure and intimidation. He defended his tenure at the Fed, noting that he has served under both Democratic and Republican administrations and has consistently followed the Fed’s congressional mandate to promote maximum employment and stable prices.
The DOJ subpoenas come after months of increasingly public conflict between Powell and President Trump. The president has repeatedly criticized the Fed for not cutting interest rates aggressively enough, despite the central bank beginning to ease policy in late 2025. After holding rates steady for much of the year, the Fed implemented three quarter-point rate cuts in September, October, and December, bringing the benchmark rate to a range of 3.5% to 3.75%.
The dispute has also centered on the Federal Reserve’s headquarters renovation in Washington, D.C. Trump has accused Powell of mismanagement and suggested the project’s cost ballooned to more than $3 billion — a figure Powell disputes. In July, Trump made a rare visit to the Fed’s headquarters, publicly clashing with Powell over the scope and cost of the renovations.
Powell testified to lawmakers that there were no luxury additions such as special elevators, rooftop gardens, or water features, countering allegations from administration officials that the project was “ostentatious” or unlawful.
President Trump told NBC News Sunday night that he was unaware of the DOJ probe. However, he reiterated criticism of Powell’s leadership, arguing that interest rates remain too high. When asked whether the investigation was intended to pressure the Fed, Trump denied the suggestion.
Market analysts warn that the case could have broader implications. Krishna Guha of Evercore ISI described the situation as an unprecedented confrontation, noting that how policymakers, investors, and Congress respond could determine whether Federal Reserve independence remains firmly protected.
The Justice Department has not publicly commented on the subpoenas. For now, Powell says he intends to continue leading the central bank as confirmed by the Senate, warning that the use of criminal investigations in monetary policy disputes could undermine institutional credibility.
“Public service sometimes requires standing firm in the face of threats,” Powell said, as the case places the Fed at the center of a historic legal and political clash.
Allegiant Air and Sun Country Airlines have announced a definitive merger agreement that will combine two of the most established leisure-focused carriers in the United States, creating a larger, more competitive airline designed to thrive in a demand-driven travel market. Under the terms of the deal, Allegiant will acquire Sun Country in a cash-and-stock transaction valuing Sun Country at approximately $1.5 billion, including net debt.
Sun Country shareholders will receive $4.10 in cash and 0.1557 shares of Allegiant stock for each share they own, representing a nearly 20% premium over Sun Country’s recent trading price. Upon completion, Allegiant shareholders will own roughly 67% of the combined company, with Sun Country shareholders holding the remaining 33%. The transaction is expected to close in the second half of 2026, subject to regulatory and shareholder approvals.
The merger brings together two airlines with similar operating philosophies centered on flexibility, cost discipline, and leisure demand. Together, the combined airline will serve approximately 22 million passengers annually, operate nearly 195 aircraft, and offer more than 650 routes across nearly 175 cities. The companies’ networks are highly complementary, with Allegiant focused on small and mid-sized markets and Sun Country maintaining a stronger presence in larger metropolitan areas, particularly Minneapolis–St. Paul.
A major strategic benefit of the deal is expanded access to international leisure destinations. Sun Country’s existing routes to Mexico, Central America, Canada, and the Caribbean will significantly broaden Allegiant’s reach beyond domestic markets, allowing travelers from underserved U.S. cities to reach international vacation destinations more easily and affordably.
Financially, the companies expect meaningful upside. Allegiant projects the merger will generate approximately $140 million in annual synergies by the third year following closing, driven by network optimization, fleet efficiencies, and scale benefits. The transaction is expected to be accretive to earnings per share in the first year after closing, while maintaining a conservative balance sheet with net adjusted debt below three times EBITDAR.
Diversification is another key advantage of the combination. In addition to scheduled passenger service, Sun Country operates long-term charter and cargo businesses, including a multi-year agreement with Amazon Prime Air. When combined with Allegiant’s existing charter operations, the merged airline will benefit from more stable, year-round revenue streams that help offset the seasonality of leisure travel.
Customers are also expected to see improvements through a larger and more valuable loyalty program. The combined frequent flyer base will exceed 23 million members, offering expanded earning opportunities, enhanced rewards, and greater flexibility across a broader route network.
Leadership of the combined company will remain with Allegiant, which will continue as the publicly traded parent. Allegiant CEO Gregory C. Anderson will lead the merged airline, while Sun Country CEO Jude Bricker will join the board and serve as an advisor during the integration process. Allegiant will remain headquartered in Las Vegas, with a continued significant presence in Minneapolis–St. Paul.
Overall, the Allegiant–Sun Country merger represents a strategic bet on leisure travel demand, operational flexibility, and diversified revenue, positioning the combined airline to compete more effectively while delivering long-term value to shareholders, employees, and travelers alike.
Comstock (NYSE: LODE) innovates technologies that contribute to global decarbonization and circularity by efficiently converting under-utilized natural resources into renewable fuels and electrification products that contribute to balancing global uses and emissions of carbon. The Company intends to achieve exponential growth and extraordinary financial, natural, and social gains by building, owning, and operating a fleet of advanced carbon neutral extraction and refining facilities, by selling an array of complimentary process solutions and related services, and by licensing selected technologies to qualified strategic partners. To learn more, please visit www.comstock.inc.
Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.
Hans Baldau, Associate Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Receipt of Written Determination Permit. Comstock Metals received its Written Determination Permit from the Nevada Division of Environmental Protection for the processing of waste solar panels and photovoltaics at its planned industry-scale materials recovery facility in Silver Springs, Nevada. Receipt of the permit will result in a fully permitted operation and facility, and is expected to enable Comstock to install, test, and commission the facility on schedule during the first quarter of 2026.
Receipt of Air Quality Permit. Earlier this month, Comstock Metals received approval for the associated Air Quality control permit. Both permits represent the complete scope of required regulatory approvals for commissioning the scale up of a facility designed for processing more than 3.0 million panels per year representing up to 100 thousand tons per year of waste materials. The facility integrates technologies for crushing, conditioning, extracting, and recycling metal concentrates from photovoltaics.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Raise. MustGrow has announced a raise of up to $2 million in a non-brokered private placement of up to 4,000,000 units of the Company at a price of $0.50 per Unit. Each unit will consist of (i) one common share of the Company and (ii) one common share purchase warrant. Each whole warrant will be exercisable for a period of 60 months from the closing date and will entitle the holder to purchase one additional share at an exercise price of $0.70 per warrant share. The closing of the Offering is expected to take place on January 22, 2026, but may take place in one or more tranches, provided that the final tranche closing will occur no later than February 22, 2026.
Use of Proceeds. The Company intends to use the net proceeds raised from the LIFE Offering for inventory production for its mustard-derived organic biofertility product TerraSante, inventory for agricultural products to sell via its Canadian distribution platform NexusBioAg, and working capital and general corporate purposes. Recall, MustGrow ran out of TerraSante product in the second and third quarters last year as demand exceeded management’s initial forecasts.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.
Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Refresh. V2X’s Board recently elected to increase the size of the Board from 7 members to 10 members and appointed Nicole B. Theophilus, Gerard A. Fasano, and Ross S. Niebergall, effective immediately, as new members of the Board to serve as Class I, Class II, and Class III Directors, respectively.
Theophilus. Ms. Theophilus currently serves as EVP and Chief Administrative Officer of Wabtec Corporation, a global provider of equipment, systems, digital solutions, and value-added services, since July 2024. She previously served as Wabtec’s EVP and Chief Human Resources Officer from August 2020 to March 2024. She was also the EVP and Chief Human Resources Officer for West Corporation from April 2016 to February 2018 and for ConAgra Foods from November 2009 to August 2015.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
The final U.S. jobs report of 2025 delivered a sobering message: the labor market has slowed to a crawl. With just 50,000 jobs added in December, the year closed with the weakest pace of hiring outside of a recession in more than two decades. For investors—particularly those focused on small-cap stocks—this shift carries important implications as the economy enters 2026.
Total payroll growth for 2025 reached only 584,000 jobs, a dramatic fall from the roughly 2 million jobs added in 2024. Monthly gains averaged fewer than 50,000 positions, a level economists say is consistent with stagnation rather than expansion. While the unemployment rate dipped modestly to 4.4%, the decline was driven more by a shrinking labor force than by robust hiring.
Digging deeper, the data reveals a fragile employment landscape. Job creation was heavily concentrated in healthcare and social assistance, which together accounted for the majority of gains. Outside of those sectors, many industries experienced flat or negative hiring trends. Economists warn that future data revisions could show that overall employment actually contracted during parts of the year.
This environment has produced what many describe as a “no-hire, no-fire” economy. Companies are reluctant to lay off workers, but equally hesitant to expand payrolls amid higher borrowing costs, slower consumer demand, and lingering uncertainty around policy and global growth. For workers, this has translated into longer job searches and declining confidence. The share of unemployed individuals out of work for more than six months has risen sharply, signaling deeper structural weakness.
For investors, especially in the small-cap space, these conditions cut both ways. Slower job growth tends to pressure consumer spending, which can weigh on revenue for domestically focused companies. At the same time, a cooling labor market strengthens the case for interest rate relief later in 2026. If the Federal Reserve responds to weakening employment trends with rate cuts, smaller companies—often more sensitive to financing costs—could benefit disproportionately.
There are also early signs that the slowdown may be stabilizing. Layoff announcements declined in December, and private payroll data suggests hiring may be finding a floor. Some economists believe the worst of the labor market deceleration could already be behind us, setting the stage for a gradual recovery rather than a sharp downturn.
For small-cap investors, selectivity will be key. Businesses with strong balance sheets, pricing power, and exposure to resilient sectors may outperform if growth remains muted. Meanwhile, any meaningful improvement in hiring or labor participation could act as a catalyst for a broader re-rating across the small-cap universe.
As 2026 unfolds, the jobs market will remain a critical signal to watch. Whether this slowdown proves to be a pause—or a warning—will shape market sentiment, monetary policy, and investment opportunity in the months ahead.
Resources Connection, Inc. provides agile consulting services in North America, Europe, and the Asia Pacific. The company offers finance and accounting services, including process transformation and optimization, financial reporting and analysis, technical and operational accounting, merger and acquisition due diligence and integration, audit readiness, preparation and response, implementation of new accounting standards, and remediation support. It also provides information management services, such as program and project management, business and technology integration, data strategy, and business performance management. In addition, the company offers corporate advisory, strategic communications, and restructuring services; and corporate governance, risk, and compliance management services, such as contract and regulatory compliance, enterprise risk management, internal controls management, and operation and information technology (IT) audits. Further, it provides supply chain management services comprising strategy development, procurement and supplier management, logistics and materials management, supply chain planning and forecasting, and unique device identification compliance; and human capital services, including change management, organization development and effectiveness, compensation and incentive plan strategies, and optimization of human resources technology and operations. Additionally, the company offers legal and regulatory supporting services for commercial transactions, global compliance initiatives, law department operations, and law department business strategies and analytics. It also provides policyIQ, a proprietary cloud-based governance, risk, and compliance software application. The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.
Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Hans Baldau, Associate Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Continued Revenue Pressure. RGP reported second quarter revenue of $117.7 million, down 19% year-over-year. On a same-day constant currency basis, revenue declined 18.4%, driven almost entirely by lower billable hours across the core On-Demand and Consulting segments. Importantly, the weakness remains volume-driven rather than price-driven, as average bill rates were largely stable and improved in several key geographies.
Pricing Discipline, Volume Weak. The Company continues to make progress with its value-based pricing initiatives. U.S. bill rates increased 2.5% year over year, Consulting bill rates rose 6.6%, and On-Demand bill rates increased 2.6%. However, these gains were more than offset by sharp declines in billable hours, particularly in Consulting (-33.8%) and On-Demand (-21.5%). Management specifically highlighted reduced demand for traditional finance roles as clients adopt automation and AI, underscoring that part of the On-Demand softness may be structural rather than purely cyclical.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.
Jacob Mutchler, Research Associate, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Direct Digital remained a key strategic channel, supporting customer acquisition, margin mix improvement, and first-party data ownership despite a challenging macro and media cost environment. The channel continued to evolve toward a full-funnel model, with increasing contribution from returning customers, improved conversion rates, and greater emphasis on retention and lifecycle engagement.
Repositioning for strategic growth. Ongoing headwinds from media cost inflation, intensifying competition, and platform volatility have persisted in 2025, prompting a strategic shift toward owned-channel development, tighter audience targeting, and stronger cross-functional execution. Looking forward, Direct Digital is increasingly aligned around a more disciplined growth model, prioritizing customer retention, lifetime value, and earnings durability over volume-driven top-line expansion.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.
Hans Baldau, Associate Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
FY 2026 third-quarter financial results. AZZ reported adjusted net income of $46.0 million, or $1.52 per share, compared to $41.9 million, or $1.39 per share, during the prior year period. We had forecast adjusted net income of $44.9 million, or $1.48 per share. Compared to the third quarter of FY 2025, total sales increased 5.5% to $425.7 million. We had projected sales of $424.6 million. Gross margin of $101.9 million was modestly below our estimate of $103.2 million. Operating income of $69.5 million exceeded our estimate of $64.9 million, due to lower selling, general, and administrative expenses. Adjusted EBITDA increased modestly to $91.2 million compared to $90.7 million during the prior year period and our estimate of $93.3 million.
Updating estimates. With one quarter remaining, we have lowered our FY 2026 EBITDA estimate to $368.0 million from $369.2 million, and increased our EPS estimate to $6.03 from $5.98. We have increased our 2027 EBITDA and EPS estimates to $388.0 million and $6.60, respectively, from $387.4 million and $6.45. Our longer-term estimates through FY 2031 reflect multi-year growth and are summarized at the end of this report. Our estimates do not reflect the impact of acquisitions until announced.
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
