BE

Analyst target raises behind the outperformance

• BE +4.17% on the last session vs SPY +0.74%: +3.4 pts of stock-specific move.
• Aftermath, big drop (Sep 28): After its 64 big drops in the past 5 years, BE typically gained 3.1% over the next week (median) and was higher 56% of the time; half the outcomes fell between -9.4% and +10.2%. An ordinary week: +0.4%. Among S&P 500 stocks after big drops, that ranks #174 of 500.
• 12 Reddit mentions in the past 24 hours, 62% positive over the week.
• 4 analyst actions in the past 10 days (3 positive, 0 negative); latest: Barclays maintained Equal-Weight, raised target $276 → $308.
• 5 insider or congressional trades in the past 30 days, including 1 insider sale not under a 10b5-1 plan.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.