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Raymond James Raises Price Target on SmartFinancial to $50 From $47 as 'Southeast Growth Story Remains Intact', Keeps Strong Buy Rating

SmartFinancial (SMBK) has an average rating of overweight and mean price target of $43.38, according to analysts polled by FactSet.Price: $43.22, Change: $+0.84, Percent Change: +1.98%

$SMBK

Wire153d ago

Update: California AG Unseals Evidence of Amazon's Alleged Price Fixing

(Updates with Amazon's and Walmart's responses to requests for comment.)California Attorney General Rob Bonta on Monday publicly released evidence as part of an ongoing case against Amazon (AMZN) that he said shows the online retail giant, vendors and competing companies, like Target (TGT), Walmart (WMT), Chewy (CHWY), Best Buy (BBY) and Home Depot (HD), colluded to increase retail prices across their platforms."The evidence we've uncovered is clear as day: Amazon is working to make your life more unaffordable. The company is price fixing, colluding with vendors and other retailers to raise costs for Americans beyond what the market requires -- beyond what is fair," Bonta said in a statement."The Attorney General's motion is a transparent attempt to distract from the weakness of its case, coming more than three years after filing its complaint and based on supposedly 'new' evidence it has had for years," an Amazon spokesperson said in an emailed statement to. "Amazon is consistently identified as America's lowest-priced online retailer, and we're proud of the low prices customers find when shopping in our store. Amazon looks forward to responding in court at the appropriate time.""We do not comment on litigation in which we are not a party," a Walmart spokesperson said in an emailed statement to. "We will always work hard on behalf of our customers to keep our prices low."Target, Chewy, Best Buy and Home Depot didn't immediately reply to requests for comment from.Price: $247.75, Change: $-2.81, Percent Change: -1.12%

$AMZN$BBY$CHWY$HD$LEVI$WMT

Wire153d ago

Southern Raises Quarterly Dividend to $0.76 a Share From $0.74, Payable June 8 to Shareholders of Record May 18

$SO

Wire153d ago

Devon Energy Shares Rise After Tudor Pickering Holt Upgrade

Devon Energy (DVN) shares rose 1.9% in Monday trading after Tudor Pickering Holt upgraded the stock to buy from hold with a $63 price target.Intraday trading topped 5.66 million shares versus the daily average of 14.4 million.Price: $45.07, Change: $+0.84, Percent Change: +1.90%

$DVN

Wire153d ago

Plexus Shares Rise After Stifel Upgrade

Plexus (PLXS) shares rose 5% on Monday after Stifel upgraded the stock to buy from hold and boosted its price target to $250 per share from $200 earlier.Trading volume stood at over 199,500 shares compared with a daily average of 366,565.Price: $240.05, Change: $+11.41, Percent Change: +4.99%

$PLXS

Wire153d ago

TC Energy Shares Rise After Goldman Sachs Upgrade

TC Energy (TRP) shares rose 1.1% on Monday after Goldman Sachs upgraded the stock to neutral from sell.Trading volume stood at over 1.2 million shares compared with a daily average of nearly 2.6 million.Price: $61.34, Change: $+0.72, Percent Change: +1.19%

$TRP

Wire153d ago

California AG Unseals Evidence of Amazon's Alleged Price Fixing

California Attorney General Rob Bonta on Monday publicly released evidence he said shows Amazon (AMZN), vendors and competing companies, like Target (TGT), Walmart (WMT), Chewy (CHWY), Best Buy (BBY) and Home Depot (HD), colluded to increase retail prices across their platforms."The evidence we've uncovered is clear as day: Amazon is working to make your life more unaffordable. The company is price fixing, colluding with vendors and other retailers to raise costs for Americans beyond what the market requires -- beyond what is fair," Bonta said in a statement.None of the companies immediately replied to requests for comment from.Price: $247.68, Change: $-2.88, Percent Change: -1.15%

$AMZN$BBY$CHWY$HD$LEVI$WMT

Wire153d ago

Tvardi Therapeutics Shares Drop After Downgrade From Barclays

Tvardi Therapeutics (TVRD) shares were down 4.4% in afternoon trading on Monday after Barclays downgraded the company's stock to underweight from equalweight and adjusted the price target to $3 from $4.Trading volume stood at over 18,000 shares against a daily average of about 54,000.Price: $3.24, Change: $-0.15, Percent Change: -4.42%

$TVRD

Wire153d ago

Ulta Beauty Shares Rise After Jefferies Upgrade

Ulta Beauty (ULTA) shares rose 2.8% in Monday trading after Jefferies upgraded the stock to buy from hold and raised its price target to $700 from $635.Intraday trading topped 369,700 shares versus the daily average of about 691,000.Price: $569.09, Change: $+15.73, Percent Change: +2.84%

$ULTA

Wire153d ago

Axcelis Technologies Shares Rise After Upgrade From B. Riley

Axcelis Technologies (ACLS) shares were up 8.6% in afternoon trading on Monday after B. Riley upgraded the company's stock to buy from neutral and raised the price target to $150 from $91.Trading volume stood at around 809,000 shares, roughly the same number as the stock's daily average.Price: $128.52, Change: $+9.79, Percent Change: +8.25%

$ACLS

Wire153d ago

Argus Cuts Abbott Laboratories' Price Target to $125 From $140

Abbott Laboratories (ABT) has an average rating of overweight and mean price target of $120.48, according to analysts polled by FactSet.Price: $96.06, Change: $-0.75, Percent Change: -0.77%

$ABT

Wire153d ago

Northcoast Research Cuts Tractor Supply Price Target to $60 From $65, Maintains Buy Rating

Tractor Supply (TSCO) has an average rating of overweight and mean price target of $56.36, according to analysts polled by FactSet.Price: $44.62, Change: $-0.39, Percent Change: -0.87%

$TSCO

Wire153d ago

Sector Update: Consumer Stocks Decline in Afternoon Trading

Consumer stocks were lower Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) fractionally lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.8%.In sector news, the US Department of Justice's Antitrust Division is criminally investigating large meatpacking companies after President Donald Trump in November accused the firms of manipulating prices, The Wall Street Journal reported.In corporate news, QXO (QXO) has agreed to buy insulation products company TopBuild (BLD) in a cash-and-stock deal worth roughly $17 billion, as the roofing products distributor aims to expand its building products portfolio. QXO shares fell 5.2%, and TopBuild jumped past 17%.Brown-Forman (BF.A) is said to favor a potential sale to Pernod Ricard over another proposal from Sazerac, Bloomberg reported. Brown-Forman shares were down 0.8%.Rivian Automotive's (RIVN) factory in central Illinois was damaged by a tornado over the weekend, CNBC reported, citing an internal message from CEO RJ Scaringe to employees Sunday night. Rivian shares fell 1.8%.

$BF.A$BLD$QXO$RIVN

Wire153d ago

Top Midday Decliners

Rayonier Advanced Materials (RYAM) said Monday it is exploring strategic alternatives to maximize shareholder value. The firm said it has also set up an interim office of the chief executive following the resignation of President and CEO Scott Sutton.Shares were down 10%, with intraday trading volume of over 4.8 million, versus a daily average of about 1.0 million.Foresight Autonomous (FRSX) said Monday VisionWave (VWAV) will make an equity investment of up to $17.5 million through VisionWave shares in return for up to 51% stake in Foresight. The deal closing is subject to conditions, including due diligence.Shares of VisionWave slumped 14% as intraday trading volume climbed to over 711,000 from a daily average of about 397,000.Price: $2.40, Change: $-0.01, Percent Change: -0.41%

$FRSX$RYAM$VWAV

Wire153d ago

Market Chatter: Caesars Extends Talks for $18 Billion Takeover by Golden Nugget Owner

Caesars Entertainment (CZR) extended the exclusive-talks period regarding an $18 billion takeover by Tilman Fertitta, the owner of the Golden Nugget casino chain, Bloomberg reported Monday, citing people familiar with the matter.Fertitta has been in talks to buy Caesars for about $32 a share, the report said.Caesars didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $27.92, Change: $+0.70, Percent Change: +2.57%

$CZR

Wire153d ago

Caesars Extends Talks on $18 Billion Takeover by Golden Nugget Owner, Bloomberg Reports

$CZR

Wire153d ago

CMS Energy Keeps Quarterly Dividend at $0.57 a Share, Payable May 29 to Shareholders of Record as of May 8

$CMS

Wire153d ago

Top Midday Gainers

Nektar Therapeutics (NKTR) said Monday that data from a 16-week extension period of its phase 2b study of rezpegaldesleukin showed a "deepening of response" in patients with severe-to-very-severe alopecia areata.Wedbush Securities lifted its price target for Nektar Therapeutics' shares to $95 from $70 while maintaining the stock's neutral rating.Shares of Nektar jumped 22%, with intraday trading volume of nearly 3.4 million, up from a daily average of about 1.1 million.Compass Pathways (CMPS), GH Research (GHRS), and other psychedelic companies' shares were up on Monday, after US President Donald Trump signed an executive order Saturday to expedite access to treatments for patients with serious mental illness.Shares of Compass Pathways surged 49% as intraday trading volume soared to over 29 million from a daily average of about 3.05 million.GH Research shares advanced 14% as intraday trading volume jumped to over 953,700 from a daily average of roughly 192,000.Price: $103.50, Change: $+18.64, Percent Change: +21.97%

$CMPS$GHRS$NKTR

Wire153d ago

Update: Market Chatter: Rivian's Illinois Factory Hit by Tornado; No Injuries Reported

(Updates with the company's response in the last two paragraphs.)Rivian Automotive's (RIVN) factory in central Illinois was damaged by a tornado over the weekend, CNBC reported Monday, citing an internal message from CEO RJ Scaringe to employees Sunday night.The tornado struck an area used for parts storage for Rivian's R2 electric vehicle, which is expected to go on sale this spring, the report said.No injuries were reported, and operations in the damaged area are expected to resume this week, the report said.A Rivian spokesperson toldthat an EF-1 tornado touched down on the R2 plant on Friday evening, with Building 2 sustaining damage. The damaged area is closed for assessments, but no injuries were reported.The impacted area was primarily used for R2 logistics, and operations are expected to resume this week, the spokesperson added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $16.91, Change: $-0.32, Percent Change: -1.89%

$RIVN

Wire153d ago

JetBlue Airways' JetBlue Vacations Collaborates With Upgrade to Add Flex Pay

JetBlue Airways' (JBLU) travel booking arm JetBlue Vacations said Monday it has collaborated with Upgrade to introduce a buy now, pay later option through Flex Pay for customers booking flight and hotel packages.Financial details weren't disclosed.The new feature allows travelers to spread vacation costs into monthly payments and is fully integrated across mobile, desktop and call center booking channels, JetBlue Vacations said.JetBlue Vacations said it is offering a limited-time 0% annual percentage rate promotion on eligible packages booked through April 23, for travel through Dec. 31, with no minimum purchase required.Price: $5.76, Change: $-0.12, Percent Change: -1.96%

$JBLU

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