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Top Calls on Wall Street: Amazon, Adobe, General Motors, ServiceNow and More
Top 5 Upgrades:Wells Fargo upgraded Amazon.com (AMZN) to Overweight from Equal Weight with a price target of $280, up from $245. Following its cloud market and Anthropic contribution analysis, Wells has increased conviction that Amazon Web Services will see revenue acceleration.Morgan Stanley upgrad...Tiger News
7 minutes ago
Activist Engine Capital pushes for changes at Acadia Healthcare
Sept 24 (Reuters) - Activist investor Engine Capital has urged Acadia Healthcare ACHC.O to add directors to its board and explore a potential asset sale to fund buybacks, sending the company's shares up nearly 11% in morning trading.Engine Capital, which owns an about 3% stake in the operator of...Reuters
9 minutes ago
Soleno Therapeutics rises after rival's rare disease drug fails late-stage study
** Shares of drugmaker Soleno Therapeutics SLNO.O rise 12.7% to $64.07 ** Rival Acadia Pharmaceuticals ACAD.O says it will discontinue development of its intranasal therapy to treat rare genetic condition after it failed to show benefit in patients in late-stage trial** ACAD shares were down 10.6% a...Reuters
12 minutes ago
UBS hikes General Motors rating to 'buy'
** Shares of General Motors GM.N up 2.4% at $60 in morning trade** UBS Global Research upgrades GM stock rating to "buy" from "neutral" ** "While tariffs have added costs that GM won’t pass through to the consumer, we believe GM has a number of levers at their disposal to offset ...Reuters
14 minutes ago
Copper miners gain as red metal rallies on Freeport force majeure
** Shares of copper miners rise, tracking a rise in red metal prices** Benchmark three-month copper CMCU3 on London Metal Exchange up 2.2% at $10,195 a metric ton, the highest since June 2024** Copper prices rise after Freeport-McMoRan FCX.N declared force majeure at its Grasberg mine in Indonesia, ...Reuters
17 minutes ago
Truist lifts JPMorgan PT on improved capital markets environment
** Truist raises JPMorgan Chase JPM.N PT to $319 from $290, a 2% upside on stock's last close** Raises 2025 and 2026 EPS estimate to $19.55 and $20.20 respectively, reflecting improved capital markets environment for investment banking, trading and wealth/asset management ** Brokerage says n...Reuters
17 minutes ago
Acadia Healthcare rises after Engine Capital pushes for change in co's board
** Shares of Acadia Healthcare ACHC.O rise 10.7% to $24.26 ** Activist investor Engine Capital sends letter to co's board asking it to explore a potential asset sale and add new directors to its board** Engine Capital, which owns about a 3% stake in Acadia, says the healthcare service provider h...Reuters
22 minutes ago
LIVE MARKETS-Lithium stocks light up as focus shifts to data
Major U.S. stock indexes essentially unchangedEnergy tops sector gains, real estate falls the mostEuro STOXX 600 index down ~0.3%Dollar jumps, gold near record high; crude climbs ~1.5%, bitcoin risesU.S. 10-Year Treasury yield ticks up to ~4.14%Welcome to the home for real-time coverage of markets b...Reuters
23 minutes ago
Carter's shares rise as retailer adopts poison pill plan
** Shares of apparel retailer Carter's Inc CRI.N up 3.1% at $30.42** CRI adopts a limited‑duration shareholder rights plan, a so‑called poison pill, following RWWM’s disclosure of a 16.86% stake on September 4.** Co says it received no prior notice of RWWM’s stock accumulation and has not hea...Reuters
24 minutes ago
Ukraine's Kyivstar gets 'outperform' rating as Oppenheimer starts coverage
** Oppenheimer initiates coverage on Ukrainian mobile operator Kyivstar with "outperform" rating** Brokerage sets $20 PT, implying a near 70% upside to stock's last close** Says KYIV has about 50% market share in wireless subscribers market despite low ARPU (average revenue per user), e...Reuters
26 minutes ago
Bloom Energy falls after Jefferies downgrades stock to 'underperform'
** Shares of fuel-cell maker Bloom Energy BE.N down 12% at $67.9** Jefferies downgrades Bloom Energy to "underperform" from "hold", but raises price target to $31 from $24** The new price target still represents a 60% downside to the stock's last close** Brokerage sees limited vi...Reuters
26 minutes ago
Should You Buy the 3 Highest-Paying Dividend Stocks in the S&P 500?
Key PointsUPS, Conagra, and LyondellBasell are currently yielding between 7.6% and 10.7%. UPS is going through growing pains, but it could start to turn the corner next year.Conagra's payout is also sustainable, but when it comes to LyondellBasell, we've already seen one high-yielding chemical stock...The Motley Fool
27 minutes ago
Cohu eyes worst day in 4 years on planned $200 mln convertible bonds sale
** Shares of semiconductor testing firm Cohu Inc COHU.O tumble 13.1% to $19.81 early Weds as it looks to raise capital** COHU shares on track for biggest daily pct decline since Apr 29, 2021** Poway, California-based COHU late Tues unveiled private offering of $200 mln convertible bonds due 2031** C...Reuters
30 minutes ago
Lithium Americas soars 90% as Washington considers stake
By Arunima Kumar and Purvi Agarwal Sept 24 (Reuters) - Shares of Lithium Americas LAC.TO, LAC.N jumped nearly 90% on Wednesday after Reuters reported that the Trump administration is seeking up to a 10% stake in the miner, in the latest sign of Washington's intervention into industries it con...Reuters
30 minutes ago
Bernstein raises Barrick PT on optimism over Fourmile project
** Brokerage Bernstein raises price target on gold miner Barrick Mining ABX.TO to C$55 from C$50** The new price target represents a 15% upside to the stock's last close** Brokerage says Fourmile, ABX's project in Nevada, could be a global top 10 gold mine** Adds, while project capital expen...Reuters
32 minutes ago
Citi raises PT on Corning after rising optical demand from hyperscalers
** Citi raises PT on specialty glass maker Corning GLW.N to $93 from $72** Brokerage sees GLW benefiting from increased demand for optical products as cloud companies build bigger AI clusters, needing more and faster fiber‑optic links** Also expects company to benefit from this U.S.‑based solar-supp...Reuters
33 minutes ago
Did Alphabet Just Say "Checkmate" to OpenAI?
Key PointsThe popularity of ChatGPT and similar models has analysts questioning Alphabet's dominance in online search.But based on Alphabet's financial profile, ad revenue from Google appears to be keeping pace in the AI era.Alphabet has reinvested these profits into other moneymaking opportunities ...The Motley Fool
34 minutes ago
Harmony Biosciences' genetic disorder drug fails to meet main goal in late-stage trial
By Sriparna RoySept 24 (Reuters) - Harmony Biosciences HRMY.O said on Wednesday its experimental drug for a rare genetic disorder failed to meet the main goal in a late-stage trial, sending its shares down more than 8%. The company has been studying the drug named ZYN002 in patients with Fragil...Reuters
34 minutes ago
