Street calls of the week: Micron downgrade, upgrade for Kroger
JPMorgan Upgrades Ollie’s Bargain Outlet to Overweight Ollie’s Bargain Outlet Holdings Inc. (NASDAQ: OLLI) received an upgrade to Overweight...
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5 big analyst AI moves: Palantir downgraded, Micron PT hiked ahead of earnings
Microsoft “Best Way to Play AI,” Says Truist Truist Securities has named Microsoft (NASDAQ) as the top pick for...
Britvic rejects Carlsberg’s takeover offer; shares surge
Britvic (LON) announced Friday it has rejected two takeover proposals from Danish brewer Carlsberg (CSE), deeming them undervalued. The...
China Urges Visa and Mastercard to Slash Transaction Fees
China is pushing Visa (NYSE) and Mastercard (NYSE) to reduce their bank card transaction fees for foreign visitors, Bloomberg...
Should Investors Focus on Commodities in Q3 2024?
As the global economy faces ongoing challenges, analysts suggest paying close attention to key commodities entering the third quarter...
Sarepta Therapeutics surges 32% on expanded FDA approval for Duchenne gene therapy
Sarepta Therapeutics (NASDAQ) saw its shares soar 32% at market open on Friday following the FDA’s expanded approval of...
Zealand Pharma soars after positive trial results from weight loss drug
Shares in Danish biotech Zealand Pharma (NASDAQ) soared over 17% on Friday after announcing positive early-stage study results for...
Nike nearer-term financial expectations now largely ‘derisked’
Oppenheimer has upgraded Nike (NYSE) to “Outperform” from “Perform” and raised its price target to $120 from $110. Despite...
This ‘hated, under-owned’ stock is a ‘true AI winner’ says Mizuho
Mizuho analysts labelled Adobe Systems (NASDAQ) a “true AI winner” in a recent note, highlighting the company’s under-appreciated AI...
The AI market opportunity: UBS offers a bottom-up perspective
The launch of ChatGPT in November 2022 has significantly accelerated AI adoption and investment, according to UBS analysts. In...