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Dec 23, 2024 2:31 PM - Davit Kirakosyan
Rumble Inc. (NASDAQ:RUM) saw its shares skyrocket over 97% intra-day today after securing a $775 million investment from Tether, the company behind the widely used USDT stablecoin. The partnership signals a deepening connection between the cryptocurrency sector and platforms championing free speech,...
Dec 23, 2024 2:28 PM - Davit Kirakosyan
Loop Capital analysts raised Microsoft (NYSE:MSFT) price target to $550 from $500, maintaining a Buy rating, citing confidence in the tech giant’s long-term free cash flow (FCF) growth despite significant near-term investments in generative AI. The revised valuation reflects Microsoft’s unique posit...
Dec 23, 2024 2:25 PM - Davit Kirakosyan
Mizuho analysts raised their price target for UGI Corporation (NYSE:UGI) to $33 from $30, reiterating an Outperform rating on the stock. The revision reflects growing confidence in UGI’s potential to bridge its valuation gap, driven by strategic initiatives and promising updates from its leadership....
Dec 23, 2024 2:23 PM - Davit Kirakosyan
Loop Capital analysts raised their price target for Datadog (NASDAQ:DDOG) to $200 from $160, maintaining a Buy rating on the stock. The increase reflects confidence in the company’s long-term growth trajectory, bolstered by an expanding total addressable market (TAM) and the strategic diversificatio...
Dec 23, 2024 2:20 PM - Davit Kirakosyan
H.C. Wainwright analysts significantly raised the price target for SoundHound AI (NASDAQ:SOUN) to $26 from $8, reiterating a Buy rating. The upgrade reflects the company’s impressive growth trajectory, fueled by rising demand for its AI-driven services and strategic positioning in diverse industries...
Dec 23, 2024 2:17 PM - Davit Kirakosyan
Brookline Capital Markets analysts initiated coverage of Exelixis (NASDAQ:EXEL) with a Buy rating, highlighting the biotech company’s strong commercial presence and growth potential across its drug portfolio and pipeline. The firm sees significant upside, projecting Exelixis could reach a valuation ...
Dec 22, 2024 4:00 PM - Alex Lavoie
Aytu BioPharma, Inc. (NASDAQ:AYTU) is a pharmaceutical company that focuses on developing and commercializing novel therapeutics. The company operates in a competitive landscape alongside peers like Co-Diagnostics, Inc. (CODX), AIM ImmunoTech Inc. (AIM), iBio, Inc. (IBIO), and OpGen, Inc. (OPGN). Th...
Dec 21, 2024 4:00 PM - Andrew Wynn
FinWise Bancorp (NASDAQ:FINW) is a financial institution that provides a range of banking services. The company operates in a competitive landscape alongside peers such as Third Coast Bancshares, Southern States Bancshares, USCB Financial Holdings, Five Star Bancorp, and Primis Financial Corp. These...
Dec 21, 2024 7:00 AM - Alex Lavoie
Sequans Communications S.A. (NYSE:SQNS) is a company that specializes in the development and delivery of 4G and 5G chips and modules for broadband, critical, and massive IoT applications. The company operates in a competitive landscape with peers like GoHealth, Inc., KORU Medical Systems, Inc., Akou...
Dec 21, 2024 7:00 AM - Danny Green
CSW Industrials, Inc. (NASDAQ:CSWI) is a diversified industrial growth company. It operates in three segments: Industrial Products, Specialty Chemicals, and Coatings, Sealants & Adhesives. The company focuses on providing niche, value-added products to a variety of industries. CSWI competes with oth...
Dec 20, 2024 5:00 PM - Alex Lavoie
Lamb Weston Holdings, Inc. (NYSE:LW) is a leading producer of frozen potato products, serving customers across North America and internationally. The company is known for its high-quality products and innovative solutions in the food industry. However, it faces competition from other major players l...
Dec 20, 2024 4:00 PM - Danny Green
Snow Lake Resources Ltd. (NASDAQ:LITM) is a company involved in the exploration and development of lithium resources, primarily focusing on its Snow Lake Lithium Project in Manitoba, Canada. Lithium is a key component in batteries for electric vehicles and renewable energy storage, making it a criti...
Dec 20, 2024 12:32 PM - Tony Dante
Alphabet Inc., known for its flagship company Google, trades on the NASDAQ under the symbol GOOGL. Google is a leading technology company specializing in internet-related services and products, including search engines, online advertising, and cloud computing. The company faces competition from othe...
Dec 20, 2024 12:00 PM - Alex Lavoie
Carnival Corporation (NYSE:CCL) is a leading cruise line operator known for its diverse fleet and global reach. The company offers a wide range of cruise experiences, catering to various customer preferences. Carnival competes with other major cruise lines like Royal Caribbean and Norwegian Cruise L...
Dec 20, 2024 11:07 AM - Alex Lavoie
Cintas Corporation (NASDAQ:CTAS) is a leading provider of corporate identity uniforms and related business services. On December 20, 2024, Wells Fargo maintained its "Underweight" rating for Cintas, suggesting caution to investors. The stock was held at a price of $183.09, and Wells Fargo adjusted i...
Dec 20, 2024 10:00 AM - Danny Green
Accenture (NYSE:ACN) is a global professional services company that provides consulting, technology, and outsourcing services. It operates in various industries, including communications, media, and technology. Accenture competes with firms like IBM and Deloitte. On December 20, 2024, Jefferies main...
Dec 20, 2024 9:02 AM - Stuart Mooney
CarMax, Inc. (NYSE:KMX) is a leading retailer of used vehicles in the United States. The company operates through two segments: CarMax Sales Operations and CarMax Auto Finance. CarMax Sales Operations is responsible for the sale of used vehicles, while CarMax Auto Finance provides financing solution...
Dec 20, 2024 9:00 AM - Tony Dante
Accenture (NYSE:ACN) is a leading global professional services company, providing a wide range of services in strategy, consulting, digital, technology, and operations. The company operates in over 120 countries and serves clients across various industries. Accenture competes with other major consul...
Dec 20, 2024 8:44 AM - Davit Kirakosyan
FedEx (NYSE:FDX) experienced a significant boost in pre-market trading, with shares rising over 7% following the announcement of a strategic move to spin off its less-than-truckload (LTL) freight division. This decision aims to establish two independent, market-leading public companies, allowing eac...
Dec 20, 2024 8:42 AM - Davit Kirakosyan
Nike (NYSE:NKE) shares dropped more than 7% in pre-market today despite exceeding expectations for its fiscal second-quarter earnings. While the company’s initial results impressed, disappointing guidance and updates during the earnings call weighed heavily on investor sentiment. For the quarter, Ni...