Barclays
May 13, 2026
Americas Morning Research Summary
Daily UpdateEquitiesMacro Economic IndicatorsConsumer StaplesConsumer Discretionary
The report provides a summary of Americas equity research updates, highlighting rating changes for Belimo and Pet Valu alongside 1Q26 earnings reviews for healthcare and industrial sectors. It notes a 5% decline in April US container imports and analyzes the impacts of macro headwinds on consumer-facing brands.
Key Takeaways
- 1.Barclays initiated coverage on Belimo Holding AG (BEAN.S) with an Overweight rating and a price target of 1000 CHF.
- 2.Pet Valu Holdings Ltd. (PET.TO) was downgraded from Overweight to Equal Weight due to macro headwinds and a guidance cut.
- 3.National Energy Services Reunited Corp (NESR) reported a 1Q26 revenue and EBITDA beat and initiated a capital return framework including a dividend and buyback.
Table of Contents
- Consumer
- Energy
- Financial Services
- Healthcare
- Industrials
- Internet & Media
- Investment Strategy & Macro
- Power & Utilities
- Retail
- Technology
- Thematic Investing
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Authors
Andrew LazarBrandt Montour, CFAEtzer Darout, PhD, MBA
Securities
BEAN.SPET.TONESRUAA
Themes
AI Data Center Cooling DemandMacro Consumer Softness
Regions
North AmericaEuropeAsia PacificUnited StatesChinaSwitzerland