400tmax Analysts are weighing in on the unconfirmed report that Alphabet (NASDAQ:GOOG) (GOOGL) is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion. Bank of America analyst Justin Post said the deal underscores the importance of cybersecurity in the Cloud, and thinks Google (GOOG) likely sees anContinue Reading
Gam1983/iStock via Getty Images Eli Lilly (NYSE:LLY) is the weight loss drug stock with the most potential for upside, according to Seeking Alpha’s July Sentiment Survey. July’s Sentiment Survey by Seeking Alpha is out, covering what’s hot in the markets, the economy and other current themes. According to the survey,Continue Reading
jetcityimage Bank of America Securities downgraded Visa (NYSE:V) and Mastercard (NYSE:MA) to Neutral from Buy as analyst Jason Kupferberg sees limited upside potential to the two payment networks’ valuation multiples and estimates. “Investor positioning remains crowded. Regulatory developments could limit multiple expansion and V/MA’s ability to take price,” the analystContinue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures fell for a third straight session Tuesday, after Hurricane Beryl appeared to cause little lasting damage to energy facilities on the Texas coast, and operations are expected to be fully restored quickly. Multiple refineries that were shut as a precaution ahead of theContinue Reading
Holly Guerrio/iStock Editorial via Getty Images Cinemark (NYSE:CNK) was upgraded by B. Riley to “Buy” from “Neutral,” with ratings firm expecting an upside for the shares of the movie theater chain versus its industry peers. B. Riley acknowledged that while most of the group has lagged during 2024, it “underestimatedContinue Reading
tadamichi Piper Sandler analysts named the stocks that had the biggest upside, measured in standard deviations, in their Portfolio Strategy report. Overall, the S&P 500 (SP500) is now up 14.5% year-to-date. This outperformance during the first half of the year is one of the top three in the last 25Continue Reading
kynny/iStock via Getty Images Raymond James has downgraded shares of WideOpenWest (NYSE:WOW) to “Underperform” from “Market Perform,” citing a lack of upside from the joint offer made by Crestview Partners and DigitalBridge (DBRG) to buy the broadband provider. Early in May, WideOpenWest (WOW) received a buyout proposal at $4.80 perContinue Reading
monsitj/iStock via Getty Images Gold prices wrapped up their third straight quarterly gain Friday after a key U.S. inflation gauge favored by the Federal Reserve was broadly in line with expectations, maintaining hopes that the central bank could cut interest rates by September. The U.S. Department of Commerce said itsContinue Reading
sasacvetkovic33/E+ via Getty Images Crescent Energy (NYSE:CRGY) +1.4% in Thursday’s trading as KeyBanc launches coverage with an Overweight rating and $16 price target, pointing to the pending $2.1B SilverBow acquisition which increases scale and production in the Eagle Ford shale and has clear synergies that can be attained both financiallyContinue Reading
Sitthipong Pengjan/iStock Editorial via Getty Images Capri Holdings (NYSE:CPRI) edged higher by 0.5% after an investor said he sees the potential for 70% upside for the luxury goods company even if the company doesn’t complete its planned sale to Tapestry (TPR). Maven Investment Partners’ senior portfolio manager Manuel Blanco stillContinue Reading
