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Insider Monkey Blog

BTIG Upgrades Doximity (DOCS) Stock to Buy from Neutral

On June 2, BTIG analysts upgraded Doximity, Inc.

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June 2 - News

RBC Capital Upgrades Church & Dwight Co. (CHD), Lifts PT

On June 2, analysts at RBC Capital Markets upgraded Church & Dwight Co., Inc.

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June 2 - News

Desjardins Upgrades BRP (DOOO) Stock, Lifts PT

On May 30, Desjardins analyst Benoit Poirier upped BRP Inc.

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June 2 - News

National Bank Financial Downgrades Royal Bank of Canada (RY) Stock, Reduces PT

On May 30, National Bank Financial downgraded Royal Bank of Canada (NYSE:RY)’s stock from “Outperform” to “Sector Perform,” reducing its price target to C$177.00 from...

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June 2 - News

Evercore ISI Downgrades Rocket Pharmaceuticals (RCKT) Stock, Slashes PT

On May 30, Evercore ISI downgraded Rocket Pharmaceuticals, Inc.

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June 2 - News

Piper Sandler Downgrades Zscaler (ZS) Stock, Raises PT

On May 30, Piper Sandler analysts changed their rating on Zscaler, Inc.

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June 2 - News

Loop Capital Keeps Buy Rating on Costco (COST), Lowers PT

On Friday, May 30, Loop Capital Markets lowered its price target slightly on Costco Wholesale Corporation (NASDAQ:COST) from $1,115 to $1,110 and maintained a “Buy” rating...

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June 2 - News

DA Davidson Lifts Duolingo (DUOL) Price Target, Keeps Buy Rating

Swanson’s analysis shows that Duolingo, Inc.’s (NASDAQ:DUOL) daily active user (DAU) growth in the second quarter is exceeding the consensus forecast of 43.7% year-over-year...

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June 2 - News

TD Cowen Lifts L3Harris (LHX) Price Target, Keeps Buy Rating

On Friday, May 30, TD Cowen analyst Gautam Khanna increased the price target on L3Harris Technologies, Inc. (NYSE:LHX) from $240 to $270 and maintained a “Buy” rating.

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June 2 - News

BMO Lifts Roblox (RBLX) Price Target, Keeps Outperform Rating

On Friday, May 30, BMO Capital Markets raised the price target for Roblox Corporation (NYSE:RBLX) from $82 to $95 and maintained an “Outperform” rating.

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June 2 - News

BofA Keeps Buy Rating on Coupang (CPNG), Lifts PT

This decision came after a report from the South Korean Ministry of Trade, Industry and Energy (MoTIE), which showed that sales for retail and e-commerce companies surveyed in...

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June 2 - News

DA Davidson Keeps Buy Rating on Boise Cascade (BCC) Despite Market Challenges

On Friday, May 30, DA Davidson maintained a “Buy” rating on Boise Cascade Company (NYSE:BCC) with a price target of $115.

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June 2 - News

SolarEdge Technologies Inc. (SEDG) and Flex Ltd. (FLEX) Announce Major Manufacturing Achievement in Austin

On June 2, 2025, SolarEdge Technologies, Inc. (NASDAQ:SEDG) achieved a significant milestone in its U.S.

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June 2 - News

Citi Raises 3M (MMM) Price Target, Keeps Neutral Rating

On Friday, May 30, Citi analyst Andrew Kaplowitz increased the price target for 3M Company (NYSE:MMM) from $141 to $160 and reiterated a “Neutral” rating.

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June 2 - News

Citi Lowers The Gap Inc (GAP) Price Target, Keeps Buy Rating

On Friday, May 30, Citi analyst Paul Lejuez lowered the price target for The Gap, Inc. (NYSE:GAP) to $30 from $33 and kept a “Buy” rating.

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June 2 - News

Deutsche Bank Resumes Coverage of Ralph Lauren (RL) With Buy Rating

On Friday, May 30, Deutsche Bank resumed coverage of Ralph Lauren Corporation (NYSE:RL), giving a “Buy” rating with a $343 price target.

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June 2 - News

China Galaxy Downgrades PDD Holdings (PDD) to Hold, Lowers PT

On Friday, May 30, China Galaxy International analyst Lei Yang changed the rating for PDD Holdings Inc.

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June 2 - News

Needham Lowers Marvell (MRVL) Price Target, Reiterates Buy Rating

On Friday, May 30, Needham analyst N. Quinn Bolton reduced the price target for Marvell Technology, Inc. (NASDAQ:MRVL) from $100 to $85 and reiterated a “Buy” rating.

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June 2 - News

Needham Boosts Zscaler (ZS) Price Target, Keeps Buy Rating

On Friday, May 30, Needham raised the price target for Zscaler, Inc. (NASDAQ:ZS) from $240 to $310 and maintained a “Buy” rating.

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June 2 - News

ScanTech AI Delivers 6th Sentinel CT System Under $3.5M Nuclear Security Contract

On Monday, ScanTech AI Systems Inc. (NASDAQ:STAI) announced the successful delivery of its 6th Sentinel Fixed-Gantry CT system.

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June 2 - News

OceanPal Sells Dry Bulk Vessel ‘Protefs’ for $7M, Streamlines Fleet

On Monday, OceanPal Inc. (NASDAQ:OP) announced the sale of its 2004-built dry bulk vessel, under the name of Protefs.

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June 2 - News

Tempus AI Unveils New Liquid Biopsy Assay for Early Immunotherapy Response Monitoring in Cancer

On Monday, Tempus AI Inc. (NASDAQ:TEM) announced the introduction of xM for treatment response monitoring/TRM.

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June 2 - News

Baker Hughes, Cactus Enter Joint Venture for Surface Pressure Control Services

On Monday, Baker Hughes Company (NASDAQ:BKR) and Cactus Inc.

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June 2 - News

BriaCell’s Bria-IMT Shows Strong Survival & Benefit in Advanced Breast Cancer

On Monday, BriaCell Therapeutics Corp.

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June 2 - News

Relay Therapeutics’ RLY-2608 Shows Promising 11-Month PFS in Breast Cancer

On Monday, Relay Therapeutics Inc.

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June 2 - News

Honda Motor Co., Ltd. (HMC) Signs On as Key Partner for 2028 Los Angeles Olympics

Honda Motor Co., Ltd. (NYSE:HMC) has become a major partner for the 2028 Olympic and Paralympic Games in Los Angeles.

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June 2 - News

Williams Trading Lifts Shoe Carnival (SCVL) PT to $21 on Strong Q1 2025 Earnings

On Monday, Williams Trading analyst Sam Poser increased the price target for Shoe Carnival Inc. (NASDAQ:SCVL) to $21 from $17, while maintaining a Hold rating on the stock.

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June 2 - News

Truist Initiates Coverage of Global-e (GLBE) with Sell Rating

On Monday, Truist initiated coverage on Global-E Online Ltd. (NASDAQ:GLBE) with a Sell rating and a $31 price target.

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June 2 - News

BMO Capital Initiates Coverage of Aspen Insurance (AHL) with Outperform Rating

On Monday, BMO Capital initiated coverage of Aspen Insurance Holdings Limited (NYSE:AHL) with an Outperform rating and a price target of $38.

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June 2 - News

BMO Capital Downgrades Algoma Steel (ASTL) to Market Perform, Cuts PT to C$8

On Monday, BMO Capital downgraded Algoma Steel Group Inc. (NASDAQ:ASTL) to Market Perform from Outperform, while simultaneously lowering its price target to C$8 from C$12.

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June 2 - News

Dow Inc. (DOW) Agrees to Sell 50% Ownership in Dowaksa Joint Venture for $125 Million

Dow Inc.

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June 2 - News

Regulators Approve Yogurt Deal Between General Mills, Inc. (GIS) and Lactalis in the U.S.

General Mills, Inc. (NYSE:GIS) and Lactalis announced that regulatory approval has been granted for the sale of General Mills’ US yogurt business to Lactalis.

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June 2 - News

Goldman Sachs Upgrades ArcBest (ARCB) to Buy, Raises PT to $101

On Monday, Goldman Sachs upgraded ArcBest Corporation (NASDAQ:ARCB) to Buy from Neutral and raised its price target to $101 from $84.

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June 2 - News

Novartis’ Pluvicto Shows Promise in Early Stage Prostate Cancer

On Monday, Novartis (NYSE:NVS) announced positive topline results from the Phase III PSMAddition trial, which showed that its targeted radioligand therapy/RLT, Pluvicto (lutetium...

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June 2 - News

BofA Lowers Runway Growth Finance (RWAY) PT to $9.75, Keeps Neutral Rating

On June 1, BofA updated its outlook on Runway Growth Finance Corp.

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June 2 - News

BofA Trims Kayne Anderson (KBDC) PT to $16.50, Cites Missed Estimates in Q1

On June 1, BofA adjusted its outlook on Kayne Anderson BDC Inc. (NYSE:KBDC) and lowered its price target from $17 to $16.50 while maintaining a Buy rating on the shares.

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June 2 - News

BofA Lowers Crescent Capital (CCAP) PT to $17 on Disappointing Q1 Results

On June 1, BofA adjusted its outlook on Crescent Capital BDC Inc. (NASDAQ:CCAP) and lowered its price target from $20 to $17 while maintaining a Buy rating.

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June 2 - News

Tempus AI Expands Tempus One with EHR Integration, New AI Features

On June 1, Tempus AI Inc.

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June 2 - News

Seer Launches Sample Study to Develop AI-Driven Cancer Diagnostics for Young Adults

On June 1, Seer Inc. (NASDAQ:SEER) announced a significant population-level study in collaboration with Korea University.

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June 2 - News

Daiichi Sankyo, AstraZeneca Announce Promising DATROWAY Combination Data in NSCLC

On June 1, Daiichi Sankyo Company Limited (OTC:DSNKY) and AstraZeneca (NASDAQ:AZN) announced promising results from 3 clinical trials: TROPION-Lung02, TROPION-Lung04, and NeoCOAST...

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June 2 - News

Allogene Therapeutics Presents Promising Phase 1 Data for ALLO-316 in Renal Cell Carcinoma

On June 1, Allogene Therapeutics Inc.

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June 2 - News

The Walt Disney Company (DIS) Laying Off Hundreds Across Multiple Teams, Media Reports

The Walt Disney Company (NYSE:DIS) is laying off several hundred employees globally, according to reports released on Monday.

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June 2 - News

Morgan Stanley Resumes Coverage of Alumis (ALMS) with $23 PT

On Monday, Morgan Stanley resumed its coverage of Alumis Inc.

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June 2 - News

Morgan Stanley Lifts Pebblebrook Hotel Trust (PEB) PT to $8, Keeps Underweight Rating

The rating update came when the firm raised estimates “modestly across the board” for its Gaming & Lodging coverage to take into account the better Q1 results, along with ...

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June 2 - News

Maxim Group Maintains Buy Rating on CERo Therapeutics (CERO)

In a report released on May 30, analyst Jason McCarthy from Maxim Group maintained a Buy rating on CERo Therapeutics Holdings, Inc. (NASDAQ:CERO) with a $3.00 price target.

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June 2 - News

BofA Slashes Price Target on Cooper Companies (COO), Keeps Buy Rating

On May 30, BofA lowered the firm’s price target on Cooper Companies, Inc.

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June 2 - News

KeyBank Teams Up with Personetics to Enhance Financial Wellness Initiatives

KeyCorp (NYSE:KEY)'s subsidiary, KeyBank, is taking another step toward its goal of helping clients succeed by adopting Personetics’ Cognitive Banking platform, designed to ...

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June 2 - News

Morgan Stanley Reiterates Buy Rating on Costco (COST), Sets $1,225 PT

On May 30, Morgan Stanley analyst Simeon Gutman reiterated a Buy rating on Costco Wholesale Corporation (NASDAQ:COST) and set a price target of $1,225.00.

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June 2 - News

Jefferies Maintains Buy Rating on Costco (COST) After Q3 Report

On May 30, analyst Corey Tarlowe from Jefferies reiterated a Buy rating on Costco Wholesale Corporation (NASDAQ:COST), keeping the price target at $1,180.00.

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June 2 - News

JPMorgan Lifts CrowdStrike (CRWD) Price Target to $500, Maintains Overweight Rating

On June 2, JPMorgan analysts increased the price target for CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stock to $500 from $450 and maintained an Overweight.

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June 2 - News

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