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BNY Mellon Stock Earns Buy Rating with Raised Target

Bank of New York Mellon's stock price (NYSE: BK) has shed 0.72% today, fresh off highs as BofA Securities increased the financial giant's price target from $90 to $95, reaffirming a Buy rating on the shares. This bullish sent

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Commvault (CVLT) Gains New Bullish Coverage as KeyBanc Sets Overweight Rating on Stock

KeyBanc have recently initiated coverage on Commvault Systems' stock (NASDAQ: CVLT), marking the firm with an Overweight rating and an encouraging price target of $192. Th

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Evolent Health Stock Price (NYSE: EVH) Hit 52 Week Lows as Guidance Falls Short

Evolent Health's stock (NYSE: EVH) saw a stark decline in trading yesterday, ending the day down 10.82% at $9.97. Having earlier hit new 52 week lows at $9.93, the last 12 months have seen the bears firmly in charge with a de

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TSMC Delivers Earnings Beat, Stock (NYSE: TSM) Moving Up

Taiwan Semiconductor Manufacturing's stock (NYSE: TSM) looks set for a bullish start to the day, as the world's leading semiconductor foundry, beat earnings expectations on top and bottom lines. EPS came in at NT$2.24 against

Handel mit der Taiwan Semiconductor Aktie
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JPMorgan Beat’s Top and Bottom Lines in Q4 2024

JPMorgan Chase & Co (NYSE: JPM) released its fourth quarter financial results for 2024 today and beat on both top and bottom lines. Analysts were anticipating notable changes in both the company's earnings per share and r

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Certara Surpasses Revenue Expectations in Q4

Certara's stock (NASDAQ: CERT) is up more than 5% on the day, as the firm reported preliminary fourth-quarter revenues that have exceeded market estimations. The reported

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Intel to Spin-off Venture Capital Arm in Strategic Overhaul

Intel Corporation (NASDAQ: INTC) has announced its decision to spin-off its venture capital unit, Intel Capital, as the company seeks to streamline operations and reduce costs. This move comes amidst efforts to re-establish I

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Leerink Reaffirms Confidence in Eli Lilly Despite Slow Mounjaro and Zepbound Sales

Eli Lilly has adjusted its revenue projections for the fourth quarter of 2024, revising the expected revenue to $13.5 billion. This figure is $400 million less than the company initially projected, a change largely attributed

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PSP Investments Reduces Stake in D-Wave Stock (QBTS) as Analyst Doubles Price Target

The Public Sector Pension Investment Board (PSP Investments) has recently sold a substantial portion of its D-Wave Systems stock (NYSE: QBTS), signalling a strategic approach to the volatility being seen in the stock market.

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Apple’s Stock in Correction Territory as iPhone Shipments Fall in Q4 2024

In the fourth quarter of 2024, Apple Inc. (NASDAQ: AAPL) experienced a decline in its global iPhone shipments. This decline is primarily attributed to weak demand and sales in China, according to data from the International D

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Citi Boosts MasterCard Price Target (NYSE: MA) to $584 Amid FinTech Upswing

In a recent analyst adjustment, Citi has raised the price target on MasterCard Incorporated (NYSE: MA) to $584, up from the previous target of $572, while maintaining a "Buy" rating for the stock. This revision accompanies a

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KB Home Stock (NYSE: KBH) Gains Boosted $95 Price Target as Earnings Beat

Evercore ISI has upgraded their price target for KB Home's stock (NYSE: KBH), a notable player in the residential construction sector, from $88 to $95, while retaining an Outperform rating on the shares. This updated target c

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Tradeweb Markets’ Stock Raised By Analysts

Tradeweb Markets' stock (NASDAQ: TW) is trading up 1.61% today, moving back into the green on the year at $131.94. In recent days, the stock has seen a small raise from Barclays analyst Benjamin Budish, increasing the firm's

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Southwest Gas Stock (NYSE: SWX) Initiated With $73 Price Target at Jefferies

Southwest Gas Holdings, Inc. (NYSE: SWX), a key player in the utilities sector, has been started with a Hold rating by the investment firm Jefferies, who also set a price target of $73 on the company's stock. This target sugg

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Robinhood to Pay $45M Fine Following SEC Allegations

Robinhood Markets' (NASDAQ: HOOD) two key broker-dealer units, Robinhood Securities LLC and Robinhood Financial LLC, have consented to pay $45 million in penalties. This payment comes as a settlement to address allegations po

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Lululemon’s Price Target (NASDAQ: LULU) Increased at BofA

Bank of America has lifted its price target for the athletic apparel retailer Lululemon Athletica's stock to $480, up from the previous $420, while keeping a Buy rating on the shares. Following a successful holiday performanc

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Nvidia Expands AI Operations with New Headquarters in Taipei

Nvidia Corporation (NASDAQ: NVDA) is bolstering its presence in the artif

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US Indices Red on Year, Barclays Foresees Single Fed Rate Cut

In December, labour market data showed a strong performance with nonfarm payrolls increasing by 256,000, significantly surpassing the consensus estimate of 165,000. The unemployment rate also saw a decline to 4.1%, supported

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Apple Increases CEO Tim Cook’s Salary by 18% for 2024

Apple Inc. (NASDAQ: AAPL) has decided to increase CEO Tim Cook's compensation by 18% for the year 2024, bringing his total pay to $74.6 million, up from $63.2 million the previous year. This decision highlights the company's

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Snowflake’s (NYSE: SNOW) Price Target Raised to $200

Oppenheimer has raised its price target on Snowflake 's stock (NYSE: SNOW) to $200 from $180, underscoring the firm's confidence in the software company's prospects. Snowflake retains an Outperform rating from the analyst fir

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Microvast Stock Starts Week Red After New 52-Week High

Microvast Holdings stock (NASDAQ:MVST) has begun this week red in the pre-market, down 5.53% at $2.22, having hit a new 52-week high at $2.87 on Friday. This surge reflects growing investor confidence, driven by various facto

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Joby Aviation Stock Red Pre-Market as Analysts’ Sentiment Shifts

Joby Aviation stock (NYSE: JOBY) is trading down 3.2% in this morning's pre-market, having ended the last week with a 7.9% drop, and a downgrade to boot. The firm, pioneering the electric vertical takeoff and landing (eVTOL)

Reinvent Technology Partners (NYSE: RTP)
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Europe’s Largest Pension Fund Sells Tesla Holdings

Europe's largest pension fund, Stichting Pensioenfonds ABP, has divested its entire stake in Tesla Inc., which was valued at €571 million ($585 million). This significant move occurred during the third quarter, following disa

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