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Insider Monkey Blog

Goldman Sachs Downgrades Union Pacific Corporation (UNP) Amid External Challenges

Goldman Sachs has revised the outlook on Union Pacific Corporation (NYSE:UNP) by downgrading it from Buy to Neutral.

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June 2 - News

Strong Profits Drive Piper’s $20 Call on American Integrity Insurance Group, Inc. (AII)

On Monday, Piper Sandler initiated coverage on American Integrity Insurance Group, Inc. (NYSE:AII), assigning the stock an Overweight rating with a price target of $20.

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June 2 - News

Exxon Signs Deal to Expand Presence in Azerbaijan

It was recently revealed that Exxon Mobil Corporation (NYSE:XOM) has signed a deal to explore onshore oil and gas production in Azerbaijan.

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June 2 - News

Tesla Delays India Plant Over Import Rules

India is favoring the Electric Vehicle (EV) market in recent times.

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June 2 - News

TotalEnergies to Export More American LNG to India

[caption id="attachment_1238840" align="aligncenter" width="1456"] A deep sea tanker vessel laden with liquified natural gas, contrailing a majestic stream of white smoke.[/caption...

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June 2 - News

Goldman Sachs Downgrades Canadian Pacific Kansas City Limited (CP) on Valuation Concerns

Goldman Sachs, on Monday, revisited its outlook on Canadian Pacific Kansas City Limited (NYSE:CP), downgrading the stock rating from Buy to Neutral.

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June 2 - News

Goldman Sachs Turns Neutral on CSX Amid Operational and Sector Strains

On Monday, Goldman Sachs shifted its stance on CSX Corporation (NASDAQ:CSX), lowering the stock rating from Buy to Neutral, while maintaining an unchanged price target of $35....

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June 2 - News

Goldman Joins Others in Turning Bullish on Knight-Swift Transportation Holdings Inc. (KNX)

Jordan Alliger, an analyst at Goldman Sachs, updated the shares of Knight-Swift Transportation Holdings Inc.

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June 2 - News

WhiteFiber Taps North Carolina for Strategic AI Data Center

WhiteFiber Inc., a wholly-owned HPC subsidiary of Bit Digital, Inc.

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June 2 - News

Aqua Metals Wins Patent for Lithium Recycling Tech

On Monday, Aqua Metals, Inc. (NASDAQ:AQMS) announced that the company has been granted a Notice for Allowance by the U.S.

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June 2 - News

Applied Digital Powers Up with $7B AI Deal

Under these two long-term lease agreements, Applied Digital will supply 250 MW of essential IT load from its Ellendale, North Dakota, data center to enhance the latter’s AI ...

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June 2 - News

Guardian Pharmacy Expands to Washington via Acquisition

A key long-term care (LTC) pharmacy services provider, Guardian Pharmacy Services, Inc.

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June 2 - News

Toyota Industries to Accept Toyota Motor Corporation (TM)’s $42B Takeover Bid, Nikkei Reports

[caption id="attachment_1212183" align="aligncenter" width="1456"] Workers assembling a car in a modern manufacturing plant, emphasizing the company's sense of progress.[/caption...

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June 2 - News

Apple Inc. (AAPL) Challenges EU Law Requiring it to Open up to Rivals

Apple Inc. (NASDAQ:AAPL) on Monday said the interoperability requirements hamper innovation. It also cited the privacy risks that come with it.

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June 2 - News

Braze, Inc. (BRZE) Completes Acquisition of OfferFit

Braze, Inc. (NASDAQ:BRZE) on Monday said it had successfully completed the acquisition of OfferFit.

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June 2 - News

Raymond James Initiates Coverage of Badger Meter, Inc. (BMI) with Market Perform Rating

The analysts expressed concerns over the company’s valuation, given its price-to-earnings ratio of 55.14 and shares trading at a near 52-week high, which suggests the stock ...

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June 2 - News

Citi Lifts Broadcom Inc. (AVGO)’s Price Target to $276, Maintains Buy Rating

The revision comes ahead of the company’s second quarter results for fiscal year 2025, which are set to be released this Thursday. Analysts at Citi expect Broadcom Inc.

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June 2 - News

Nxera Hits Important Milestone in Diabetes Drug Partnership with Eli Lilly

In collaboration with Eli Lilly and Company (NYSE:LLY), a pharmaceutical company recognized globally for its innovative diabetes and metabolic therapies, Nxera Pharma has reached...

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June 2 - News

PKKP and Rio Tinto Agree to Work Together to Preserve PKKP Land

A Co-Management Agreement has been reached between The Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation, guardians of rich cultural heritage in Western Australia...

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June 2 - News

Bristol-Myers Squibb Company and BioNTech SE Partner to Advance Next-Gen Cancer Therapies

Bristol-Myers Squibb Company (NYSE:BMY), which focuses on innovative cancer and immunology treatments, is a leader in the global biopharmaceutical market.

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June 2 - News

Regeneron Pharmaceuticals, Inc. (REGN)’s Weight-Loss Drug Aids Muscle Preservation in Wegovy Users

Regeneron Pharmaceuticals, Inc.

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June 2 - News

Merck & Co., Inc. (MRK) Held Talks Over $3 Billion Acquisition of Swiss Biotech Firm MoonLake

Merck & Co., Inc.

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June 2 - News

SmartStop Expands Into Québec With First Montréal Facility

SmartStop Self Storage REIT, Inc.

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June 2 - News

Lowe’s Companies, Inc. (LOW) Finalizes Purchase of Artisan Design Group

Lowe's Companies, Inc.

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June 2 - News

Mattel, Inc. (MAT) Merges Film and TV Divisions to Launch Mattel Studios

Mattel, Inc.

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June 2 - News

Snowflake Inc. (SNOW) Acquires Crunchy Data to Add Enterprise-Grade Postgres to Its AI Data Cloud

Snowflake Inc.

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June 2 - News

These 10 Stocks Blew Past Expectations

Ten stocks kicked off the first trading day of the month, clocking in double-digit gains, thanks to a flurry of positive developments, including billion-dollar partnerships and...

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June 2 - Market Movers, News

Cal-Maine Foods, Inc. (CALM) Completes Acquisition of Echo Lake Foods

Cal-Maine Foods, Inc. (NASDAQ:CALM) has officially completed its acquisition of Echo Lake Foods.

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June 2 - News

Bernstein Lowers Burlington Stores (BURL) Price Target, Maintains Outperform Rating

On May 31, Bernstein reduced its price target on Burlington Stores, Inc.

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June 2 - News

BofA Raises Dell (DELL) Price Target, Maintains Buy Rating

On May 30, Bank of America has raised its price target on Dell Technologies Inc.

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June 2 - News

Citi Raises Netfilx (NFLX) Price Target, Maintains Neutral Rating

Citi raised its price target on Netflix, Inc. (NASDAQ:NFLX) to $1,250 from $1,020, on May 30, reflecting improved confidence in the company’s advertising outlook.

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June 2 - News

Telsey Raises Ulta (ULTA) Price Target, Maintains Outperform Rating

Telsey Advisory Group lifted its price target on Ulta Beauty, Inc.

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June 2 - News

Bernstein Raises Costco (COST) Price Target, Maintains Outperform Rating

Bernstein has raised its price target on Costco Wholesale Corporation (NASDAQ:COST) to $1,153 from $1,148, reiterating its Outperform rating after the retailer posted better-than...

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June 2 - News

Evercore Trims Marvell (MRVL) Price Target, Maintains Outperform Rating

Evercore ISI has slightly lowered its price target on Marvell Technology, Inc.

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June 2 - News

Barclays Raises Zscaler (ZS) Price Target, Maintains Outperform Rating

On May 30, Barclays raised its price target on Zscaler Inc.

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June 2 - News

BMO Maintains Outperform Rating on Eli Lilly (LLY), Sets $900 PT

On May 30, BMO Capital Markets reiterated its Outperform rating on Eli Lilly and Company (NYSE:LLY), setting a price target of $900 following the company’s announcement of a...

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June 2 - News

Wedbush Trims Elastic (ESTC) Price Target, Maintains Outperform Rating

On May 30, Wedbush analyst Daniel Ives lowered his price target on Elastic N.V.

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June 2 - News

Loop Capital Trims Best Buy (BBY) Price Target, Maintains Buy Rating

Loop Capital lowered its price target on Best Buy Co., Inc.

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June 2 - News

Uber Technologies, Inc. (UBER) Names New COO as CEO Says He’s Staying Put

Uber Technologies, Inc.

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June 2 - News

Thomson Reuters (TRI) Unveils Agentic Platform For Accounting Professionals

On June 2, Thomson Reuters Corporation (NYSE:TRI) ushered in a new era of artificial intelligence by launching an agentic intelligence platform.

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June 2 - News

Raymond James Hikes e.l.f. Beauty (ELF) Price Target, Maintains Strong Buy Rating

On June 2, Raymond James analysts raised e.l.f. Beauty, Inc. (NYSE:ELF) stock price target to $130 from $105 while maintaining a ‘Strong Buy’ rating.

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June 2 - News

BofA Securities Affirms Buy Rating on Amazon (AMZN), Hikes Price Target

On June 2, BofA Securities analysts increased the price target for Amazon.com, Inc. (NASDAQ:AMZN) stock to $248 from $230 and maintained a 'Buy' rating.

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June 2 - News

Jefferies Upgrades Unity (U) Stock from Hold to Buy, Lifts PT

Brent Thill from Jefferies made the rating and price upgrade on U stock after the company exceeded its Q1 2025 results.

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June 2 - News

BofA Raises Netflix (NFLX) PT Ahead of Squid Game S3 Launch

Jessica Reif Ehrlich from BofA Securities increased the price target on NFLX, citing the company’s dominant scale, strong subscriber growth, and expanding advertising and live...

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June 2 - News

Deutsche Bank Lifts New York Times (NYT) PT After AI Deal with Amazon

Benjamin Soff from Deutsche Bank raised his price target on NYT following the company’s AI deal with Amazon.com, Inc. (NASDAQ:AMZN).

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June 2 - News

TSMC (TSMC) Eyeing Middle East Expansion but Geopolitical Hurdles Abound

According to a May 30 report from Bloomberg, Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is evaluating the potential for establishing an advanced semiconductor manufacturing...

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June 2 - News, Tech

Morgan Stanley Remains Bullish on Axsome (AXSM), Reiterates $190 PT

Purohit’s continued optimism is primarily driven by the strong commercial performance of Auvelity, the company’s treatment for major depressive disorder (MDD).

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June 2 - News

SailGP Teams Up with DraftKings Inc. (DKNG) and Bet365 to Launch Sports Betting

SailGP is partnering with DraftKings Inc.

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June 2 - News

Citi Analysts Affirm Buy Rating on Gilead Sciences (GILD) Stock

On June 2, Citi analysts reiterated a Buy rating on Gilead Sciences, Inc. (NASDAQ:GILD) stock and maintained a $125 price target.

Keep Reading →

June 2 - News

Truist Securities Begins Coverage of Shift4 Payments (FOUR) Stock With Hold Rating

On June 2, Truist Securities analysts began coverage on Shift4 Payments, Inc.

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June 2 - News

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