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Insider Monkey Blog

Cable One, Inc. (CABO) Faces Legal Scrutiny from Edelson Lechtzin LLP

Citing possible breaches of federal securities regulations, Edelson Lechtzin LLP has launched an investigation into Cable One, Inc. (NYSE:CABO).

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June 5 - News

Semler Scientific, Inc. (SMLR) Faces Scrutiny from Edelson Lechtzin LLP

On June 4, 2025, Edelson Lechtzin LLP announced that it has initiated an inquiry into whether the healthcare technology company, Semler Scientific, Inc.

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June 5 - News

Backblaze Secures Credit Line to Strengthen Financial Position

Backblaze, Inc. (NASDAQ:BLZE), a specialist in cloud storage solutions, has disclosed the $20 million senior secured revolving credit facility with Citizens Bank.

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June 5 - News

Jamf Holding Corp. (JAMF) Highlights AI Tools at Nation Live

Jamf Holding Corp.

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June 5 - News

UBS Lifts Kingsoft Cloud Holdings Limited (KC) to $14 Amid AI Growth

On Thursday, UBS analysts raised the price target for Kingsoft Cloud Holdings Limited (NASDAQ:KC) while maintaining a "Buy" rating.

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June 5 - News

Five Below, Inc. (FIVE) Gets $155 Target Boost from Jefferies

Jefferies analysts have maintained a Buy rating on Five Below, Inc.

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June 5 - News

BofA Hikes Exelixis, Inc. (EXEL) Target Amid CRC Caution

On Thursday, analysts at BofA Securities raised the price target for Exelixis, Inc. (NASDAQ:EXEL) to $46 from $45, with a Neutral rating.

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June 5 - News

JPMorgan Backs RIL Despite Margin Pressures

On Thursday, analysts at JPMorgan reaffirmed their Overweight rating on Reliance Global Group, Inc.

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June 5 - News

Raymond James Lifts Ciena Corporation (CIEN)’s Price Target To $83, Maintains Outperform Rating

On Thursday, analysts at Raymond James raised Ciena Corporation (NYSE:CIEN)’s price target to $83 from $79, while maintaining an Outperform rating for the stock.

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June 5 - News

UBS Lifts Five Below (FIVE)’s PT to $160 from $110, Keeps Buy Rating

On June 5, UBS increased the target price for Five Below, Inc. (NASDAQ:FIVE) to $160 from $110, while reiterating a Buy recommendation on the stock.

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June 5 - News

Eli Lilly (LLY)’s Target Price Slashed to $960 by TD Cowen, Reiterates Buy Rating

This target price adjustment aligns with investors shifting their focus towards the third quarter results of the SURPASS-CVOT trial.

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June 5 - News

TD Cowen Affirms Buy Rating on American Tower (AMT) with $241 PT, Citing Solid Demand

On June 5, TD Cowen analysts maintained a Buy recommendation on American Tower Corporation (NYSE:AMT) with a target price of $241, far surpassing present trading levels.

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June 5 - News

TD Cowen Affirms Hold Rating on McDonald’s (MCD) with a $305 Price Target

On June 5, TD Cowen maintained a Hold rating on McDonald's Corporation (NYSE:MCD) with a $305 price target.

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June 5 - News

Bernstein Maintains a Market Perform Rating on Etsy (ETSY), Sets Price Target at $45

Bernstein SocGen Group maintained a Market Perform rating on Etsy, Inc. (NASDAQ:ETSY) with a price target of $45 on June 5.

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June 5 - News

The Southern Company (SO) Upgraded at Jefferies on Promising Growth Prospects

According to the analysts, Southern Co.’s possible success in future requests for proposals (RFPs) could lead to considerable rate base growth, outperforming industry peers.

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June 5 - News

HSBC Upgrades Dr. Reddy’s Laboratories Limited (RDY) to Buy from Hold

On June 5, HSBC upgraded Dr.

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June 5 - News

JPMorgan Trims the PT for Warner Music Group (WMG) to $32

JPMorgan analysts trimmed the price target for Warner Music Group Corp. (NASDAQ:WMG) to $32 from $38 on June 5, while keeping an Overweight rating on the stock.

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June 5 - News

Jefferies Downgrades Chewy (CHWY) to Hold, Flags Valuation Concerns

On June 5, Jefferies downgraded Chewy, Inc. (NYSE:CHWY) to Hold from Buy, highlighting concerns over valuation.

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June 5 - News

JPMorgan Slashes FedEx Corporation (FDX) PT to $260 Over Demand Concerns

On June 5, JPMorgan trimmed the price target for FedEx Corporation (NYSE:FDX) from $280 to $260 while reiterating an Overweight rating on the stock.

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June 5 - News

Jefferies Initiates Coverage of Excelerate Energy (EE) with a Buy Recommendation

Jefferies began coverage of Excelerate Energy, Inc.

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June 5 - News

Morgan Stanley Issues an Equal Weight Rating For Parker-Hannifin Corporation (PH)

On June 5, Morgan Stanley launched coverage of Parker-Hannifin Corporation (NYSE:PH) with an Equal Weight rating, assigning a price target of $700.

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June 5 - News

RBC Capital Reiterated an Outperform Rating on Lyft (LYFT), Assigning a $21 PT

On June 5, RBC Capital analysts maintained an Outperform rating on Lyft, Inc. (NASDAQ:LYFT) with a price target of $21.

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June 5 - News

UBS Upholds Buy Recommendation on Deckers Outdoor (DECK)

On June 5, UBS analysts maintained a Buy rating on Deckers Outdoor Corporation (NYSE:DECK) with a price target of $169.

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June 5 - News

DA Davidson Keeps Buy Rating on Shift4 Payments (FOUR)

On June 5, DA Davidson analysts maintained a Buy recommendation on Shift4 Payments, Inc. (NYSE:FOUR) with a $124 price target.

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June 5 - News

Uber Eats Partners with Specialty Value Retailer Five Below

Uber Technologies, Inc. (NYSE:UBER) and Five Below, Inc.

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June 5 - News

Owens & Minor and Rotech Healthcare Agree to End Previously Planned Acquisition

[caption id="attachment_1207980" align="aligncenter" width="1456"] A medical professional in a hospital wearing protective apparel supplied by the healthcare solutions company...

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June 5 - News

10 Stocks With Surprising Gains

The firms outpaced a sluggish performance on Wall Street, with the tech-heavy Nasdaq leading the drop by 0.83 percent, followed by the S&P 500 by 0.53 percent, and the Dow Jones...

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June 5 - Market Movers, News

SmartRent Enhances Its Platform with AI Intelligence and Energy-Saving Features

SmartRent, Inc.

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June 5 - News

TJ Maxx and Ilona Maher Launch Unique Program to Support Authentic Women

The TJX Companies, Inc.

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June 5 - News

PowerSecure Partners with Edged to Advance Eco-Friendly Data Centers Across the Country

PowerSecure, The Southern Company (NYSE:SO)'s subsidiary known for its cutting-edge energy solutions, has announced an expanded partnership with Edged, a top developer of highly...

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June 5 - News

Palantir and TeleTracking Team Up to Enhance Healthcare Operations Using AI-Driven Insights

TeleTracking Technologies, a leading provider of healthcare operations platforms, has teamed up with Palantir Technologies Inc.

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June 5 - News

Costco’s Core Comparable Sales Grew 6.0% in May, Showing a Slight Slowdown

Costco Wholesale Corporation (NASDAQ:COST) reported a 4.3% rise in comparable sales for May, with US sales up 4.1%, Canadian sales rising 3.3%, and international sales increasing...

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June 5 - News

The Procter & Gamble Company Plans to Reduce its Workforce by up to 7,000 Due to Economic Challenges and Tariff Impacts

The Procter & Gamble Company (NYSE:PG) plans to cut up to 7,000 jobs— about 6% of its global workforce— over the next two years as it faces rising tariff costs and growing...

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June 5 - News

Honeywell, Johnson Matthey, GIDARA Energy, and SAMSUNG E&A Join Forces in SAF Technology Partnership

Honeywell International Inc.

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June 5 - News

Cleveland-Cliffs Cancels $500M Hydrogen Steel Plant Project in Ohio

Cleveland-Cliffs Inc. (NYSE:CLF) announced on Tuesday that it has officially canceled its $500 million hydrogen-powered steel project in Middletown, Ohio.

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June 5 - News

STMicro Will Eliminate 5,000 Jobs in the Next Three Years, Says CEO

CEO Jean-Marc Chery revealed at a BNP Paribas event in Paris that STMicroelectronics N.V.

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June 5 - News

The FDA granted Sarepta’s rAAVrh74 Viral Vector a Platform Technology Designation

The FDA has designated the viral vector rAAVrh74, which Sarepta Therapeutics, Inc.

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June 5 - News

Golden Chain and Sabre Hospitality Collaborate

One of Australia's biggest hotel chains, Golden Chain, has teamed up with Sabre Corporation (NASDAQ:SABR) to offer digital gift card features that will boost sales and improve...

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June 5 - News

Gray Media and the Saints Extend their Broadcasting Partnership for Another Five Years

Under the deal, all three of the 2025 preseason games will be televised live, and more Saints-related programming will be available on Gulf Coast Sports & Entertainment Network...

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June 5 - News

Hudbay Minerals Delivers an Update on Manitoba Operations Amid the Wildfire Scenario

The business put emergency procedures in place to safeguard infrastructure and guarantee worker safety. Emergency services will only allow vital staff to stay on the scene.

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June 5 - News

Tensions between the US and China have delayed Apple’s AI rollout in China, FT reports

Their February deal to incorporate AI technologies into iPhones in China is on hold due to geopolitical tensions resulting from U.S. President Donald Trump's trade war.

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June 5 - News

Enterprise Products Announces Says U.S. U.S. to Reject Its Ethane Export License to China

According to Enterprise Products Partners L.P. (NYSE:EPD), the Bureau of Industry and Security (BIS) of the U.S.

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June 5 - News

SSR Mining Declares that Operations at Seabee Will be Temporarily Suspended

Currently, the forest fires are situated around 15 kilometers north of the site.

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June 5 - News

Meta Looks for Exclusive Hollywood Content for its New Headset, WSJ

Meta Platforms, Inc.

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June 5 - News

Unusual Machines Leases a 17,000-Square-Foot Drone Motor Plant Near Orlando

A 17,000-square-foot drone motor production facility in Orlando, Florida, has been leased by Unusual Machines, Inc.

Keep Reading →

June 5 - News

Truist Raises Genesco Inc. (GCO)’s Price Target by $2

[caption id="attachment_1208958" align="aligncenter" width="1456"] A model wearing the newest apparel and accessories from the company, showcasing their up-to-date fashion sense...

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June 5 - News

Hackers Leak Data of 88 Million AT&T Users, Reports Hackread

According to Hackread, hackers have released what they claim is AT&T Inc.

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June 5 - News

Google Pauses ‘Ask Photos’ AI Rollout for Refinement

On June 3, Alphabet Inc. (NASDAQ:GOOGL) quietly paused the rollout of its 'Ask Photos' AI search feature, which had been gradually expanding since last fall.

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June 5 - News

Morgan Stanley Downgrades Coursera (COUR) to Equal Weight, Lifts PT to $11

The adjustment came as Morgan Stanley noted that Coursera currently trades at a premium valuation compared to Udemy Inc. (NASDAQ:UDMY).

Keep Reading →

June 5 - News

PVH Corp (PVH) Announces Licensing Agreement with Herman Kay

PVH Corp.

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June 5 - News

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