yujie chen/iStock Editorial via Getty Images Stifel launched coverage on Tesla (NASDAQ:TSLA) for the first time, with a Buy rating and price target of $265. The firm pointed to the electric vehicle maker’s vast global supply chain coupled with internal manufacturing support cost advantage and strong margins. Analyst Stephen GengaroContinue Reading
anaimd/iStock via Getty Images Vista Outdoor (NYSE:VSTO) ticked down by 1.3% amid a report that the Dept. of Justice is looking at the planned sale of its ammo business to Czechoslovak Group over potential antitrust issues. DOJ antitrust lawyers have held meetings with third parties, including law enforcement groups, thatContinue Reading
Dimitrios Kambouris/Getty Images Entertainment Honest Company (NASDAQ:HNST) rallied 6.00% in Tuesday morning trading after Loop Capital upgraded the retailer to a Buy rating from Hold. Analyst Laura Champine noted that shares of Honest (HNST) have declined 26% this year, despite healthy Q1 sales growth, profitability improvements, and a solid balanceContinue Reading
ImagePixel/iStock via Getty Images A U.S. dollar upside is the “probably the most reliable consequence” of the upcoming U.S. presidential election, as markets predictions lead towards a Trump victory. In a Goldman Sachs Economic Research note, Analyst Dominic Wilson wrote that the U.S. dollar (DXY) still remains attractive due toContinue Reading
ClaudineVM/iStock Editorial via Getty Images Covestro (OTCPK:CVVTF) (OTCPK:COVTY) +6.7% in Frankfurt trading on Monday after saying it has entered “concrete negotiations” with Abu Dhabi National Oil Company on a potential takeover that could value the German chemical company at ~€11.7B ($12.5B). Adnoc said it has told Covestro (OTCPK:CVVTF) (OTCPK:COVTY) itContinue Reading
jetcityimage/iStock Editorial via Getty Images Respiratory device makers ResMed (NYSE:RMD), and Philips (NYSE:PHG) traded lower on Friday after Eli Lilly (NYSE:LLY) said an FDA decision on a potential label expansion for its weight loss therapy tirzepatide against obstructive sleep apnea (OSA) is expected later this year. The announcement hurt theContinue Reading
hapabapa HubSpot (NYSE:HUBS) quickly gained 1% amid speculation of a third bidder for the relationship management software company. There’s speculation that a third potential acquiring is circling HubSpot, according to a Betaville “rare” alert on Friday, which cited people following the matter. HubSpot’s advisers are now trying to do aContinue Reading
