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Massimo Names Quenton Petersen as CEO

Massimo (MAMO) said Monday that Quenton Petersen has been named chief executive officer, effective immediately.Petersen succeeds David Shan, who will transition to the role of executive chairman, according to a statement.Price: $1.15, Change: $-0.08, Percent Change: -6.50%

$MAMO

Wire153d ago

Morgan Stanley Raises Price Target on Regency Centers to $88 From $85, Maintains Overweight Rating

Regency Centers (REG) has an average rating of overweight and mean price target of $82.35, according to analysts polled by FactSet.Price: $81.37, Change: $+0.43, Percent Change: +0.54%

$REG

Wire153d ago

Wedbush Lifts Price Target on Nektar Therapeutics to $95 From $70, Maintains Neutral Rating

Nektar Therapeutics (NKTR) has an average rating of buy and mean price target of $130.62, according to analysts polled by FactSet.Price: $104.82, Change: $+19.96, Percent Change: +23.52%

$NKTR

Wire153d ago

UBS Adjusts Price Target on Revolution Medicines to $175 From $145, Maintains Buy Rating

Revolution Medicines (RVMD) has an average rating of buy and mean price target of $165.60, according to analysts polled by FactSet.Price: $149.80, Change: $+1.16, Percent Change: +0.78%

$RVMD

Wire153d ago

UBS Adjusts Abbott Laboratories Price Target to $135 From $158, Maintains Buy Rating

Abbott Laboratories (ABT) has an average rating of overweight and mean price target of $120.48, according to analysts polled by FactSet.Price: $96.95, Change: $+0.13, Percent Change: +0.14%

$ABT

Wire153d ago

Intel to Beat Near-Term Estimates But Shares Look Ahead of Fundamentals, Wedbush Says

Intel (INTC) could beat Q1 estimates and at least meet, or guide above, Q2 forecasts as CPU demand stays firm and interest in packaging and foundry work builds, but the stock is already overvalued, Wedbush said in a note Monday.Recent positive sentiment has come from expected EMIB packaging wins, possible 18A foundry progress and stronger CPU demand linked to AI inference needs, the investment firm said.Intel's Q1 guidance looked cautious, especially on margins, but stronger server compute demand and price increases should support results coming in modestly above expectations, and momentum could carry into Q2, which may give Intel room to issue better guidance than current Wall Street forecasts, Wedbush said.The current valuation looks hard to support because Intel's process technology still needs to prove it can compete, as demand for PC compute may weaken over the next few quarters.Wedbush kept its neutral rating and $30 price target for Intel, adding that server CPUs do not appear to be the main supply limit for the industry; however, memory and other parts remain tighter, which also tempers the long-term upside case.Price: $65.67, Change: $-2.83, Percent Change: -4.13%

$INTC

Wire153d ago

Market Chatter: DOJ Antitrust Division Criminally Probing Beef Companies

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 Monday, citing people familiar with the matter.The DOJ 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: $64.71, Change: $-0.11, Percent Change: -0.17%

$HRL$PPC$TSN

Wire153d ago

DOJ Antitrust Division Probing Beef Companies Over Alleged Price Manipulation, The WSJ Reports

$HRL$PPC$TSN

Wire153d ago

MP Materials Becomes Stable Asset With US Government Backing, Multi-Year Contracts, Wedbush Says

MP Materials (MP) has raised its status from a speculative commodity investment subject to Chinese prices to a stable, US-backed asset with downside protection and contracts for years of growing demand, Wedbush said in a Monday note.The company has emerged as America's "rare earth national champion" with its ownership of Mountain Pass Mine in California, Wedbush analysts said.With China controlling about 60% of global mining and 90% of downstream processing and magnet manufacturing, supply independence for the critical materials become top priority amid tensions between the two superpowers, the analysts said.US government support, including a $400 million equity investment from the Department of Defense, a guaranteed 10-year price floor for Neodymium-praseodymium oxide, and guaranteed purchases of magnets, is expected to protect MP Materials against price crashes and Chinese oversupply risks, according to the note.Aside from the agency, Apple (AAPL) and General Motors (GM) are set to provide a steady stream of orders, and its facility in Northlake, Texas, is expected to be commissioned in 2028, the note said.These factors make MP Materials a "uniquely derisked" investment opportunity, the analysts said.Wedbush initiated coverage of the company's stock with a rating of outperform and a price target of $90.Price: $64.08, Change: $+3.09, Percent Change: +5.07%

$AAPL$GM$MP

Wire153d ago

APA to Deliver Solid Q1 on Permian Strength and Egypt Output, RBC Says

APA (APA) is expected to deliver solid operational execution across its Permian Basin and Egypt assets in Q1, supported by stronger gas marketing results and disciplined capital spending, RBC Capital said in a Friday quarterly preview note.According to the report, stronger liquefied natural gas pricing and Permian firm transportation agreements are expected to boost gas marketing gains, offsetting weaker regional prices, with RBC estimating about $353 million in free cash flow, broadly in line on earnings.RBC noted that APA is likely to maintain a steady capital program despite higher oil prices, focusing on operational consistency and free cash flow generation, while continuing cost optimization efforts beyond the $350 million already achieved.Shareholder returns are expected to be weighted toward buybacks later in 2026, with near-term repurchases subdued as APA prioritizes balance sheet strength, while still targeting around 60% of free cash flow returned over time.RBC maintained its sector perform rating on the stock with a $45 price target.Shares of APA were up 1.7% in Monday trading.Price: $36.32, Change: $+0.58, Percent Change: +1.62%

$APA

Wire153d ago

Update: Market Chatter: Google Assembles Strike Team to Boost AI Coding Models

(Update with Google's response to a request for comment.)Alphabet's (GOOG, GOOGL) Google has built a strike team of engineers and researchers to enhance its artificial intelligence coding models, The Information reported Monday, citing three people with direct knowledge of the situation."We've seen tremendous adoption of our internal coding tools such as Antigravity and others since introducing them over recent years, and their use has been turbocharging our model and AI tooling development - we're really focused here. More to come," a Google spokesperson said via email to.(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: $334.98, Change: $-4.42, Percent Change: -1.30%

$GOOG$GOOGL

Wire153d ago

Twilio Likely to Beat Q1 Estimates on 'Steady' Sales Execution, AI Demand, Oppenheimer Says

Twilio (TWLO) is expected to report "solid" Q1 results, with revenue and earnings likely exceeding consensus estimates by 3% to 4% driven by "steady" sales execution and strong demand for artificial intelligence-powered products, Oppenheimer said in a note Monday.Checks indicate stable or improving net expansion rate of about 109%, strong engagement with independent software vendors, and continued momentum in voice AI, which grew more than 60% year over year in Q4, the brokerage said.Rising application-to-person messaging fees from carriers, including T-Mobile US (TMUS) and AT&T (T), are expected to have "no material disruption," with the company managing its gross profit dollars while potentially offsetting margin pressure, according to the note.Twilio's full-year 2026 revenue growth guidance of 11.5% to 12.5% is "conservative," with opportunities from cross-selling, multi-product adoption and expanding AI offerings, the brokerage said.Oppenheimer maintained an outperform rating on Twilio with a price target of $170.Price: $142.24, Change: $+2.13, Percent Change: +1.52%

$T$TMUS$TWLO

Wire153d ago

Ondas Expects Strong Order Flow, Reflecting Upside to H2 and Longer-Term Estimates, Oppenheimer Says

Ondas (ONDS) announced some new deals last week and expects strong order flow to continue, reflecting upside to H2 and longer-term estimates, Oppenheimer said in a Monday note.Valuation starts looking "very attractive" 2-years out as Ondas rapidly scales from zero to a $1 billion business with first-mover advantage, a solid balance sheet and manufacturing capacity to meet growing demand, Oppenheimer added.The Pentagon is looking to expand autonomous capabilities with a proposed investment of $54.6 billion in 2027, according to the note. The company is also making strides with the US government via its Palantir (PLTR) partnership and Mistral merger, the firm highlighted.The collaboration will layer Palantir's artificial intelligence platform across Ondas' autonomous drone and counter-drone systems and World View's Stratollite balloon platform, forming a unified command-and-control infrastructure, the firm noted. Integration across the wider Ondas portfolio is expected as soon as Q4, according to the note.The company's ONBERG JV with Heidelberg in Germany could be an entry point into the Ukraine market, with controlled downside if the war were to end due to its limited exposure, the brokerage added.Oppenheimer maintained an outperform rating on Ondas with a price target of $16.Price: $10.65, Change: $+0.65, Percent Change: +6.48%

$ONDS

Wire153d ago

Gitlab Shares Range-Bound in Near-Term, RBC Capital Markets Says

Gitlab (GTLB) shares will be range-bound with limited near-term upside to estimates due to multiple headwinds, RBC Capital Markets said in a Monday research report.Challenges include difficult premium-price increase compares, first-order sales transition risks, rising corporate layoffs, geopolitical volatility, and competitor concerns, the analysts said.While the long-term opportunity as a DeVSecOps platform is lucrative and the Duo Agent platform could serve as a medium-term catalyst, it does not contribute to short-term results, according to the report.RBC downgraded the stock to sector perform from outperform and cut its price target to $25 per share from $33.Price: $21.33, Change: $-0.09, Percent Change: -0.42%

$GTLB

Wire153d ago

UBS Lifts Price Target on Xcel Energy to $91 From $89, Maintains Buy Rating

Xcel Energy (XEL) has an average rating of buy and mean price target of $91.56, according to analysts polled by FactSet.Price: $81.73, Change: $+0.65, Percent Change: +0.80%

$XEL

Wire153d ago

QXO's TopBuild Deal a 'Huge Step Forward,' Oppenheimer Says

QXO's (QXO) acquisition of TopBuild (BLD) for about $17 billion represents a "huge step forward", reflecting the deal's scale, margin profile and long-term growth potential, Oppenheimer said in a Monday note.The transaction is expected to be immediately and substantially accretive to earnings. This is supported by TopBuild's roughly 18% adjusted earnings before interest, taxes, depreciation, and amortization margins and an estimated $300 million in synergies by 2030.The acquisition would expand QXO's addressable market from roughly $200 billion to over $300 billion. It would also strengthen its position in insulation distribution and installation across North America, the report added.Oppenheimer said the combined company is expected to generate more than $18 billion in revenue and over $2 billion in adjusted EBITDA following the deal's expected close in Q3. This outlook is supported by its margin profile and TopBuild's 2030 outlook for long-term value creation.The firm maintained its outperform rating on the stock.Shares of QXO were down more than 8% in Monday trading.Price: $22.94, Change: $-2.06, Percent Change: -8.24%

$BLD$QXO

Wire153d ago

BRC Group To Consolidate Financial Services Platform

BRC Group (RILY) said Monday it plans to buy back about 8% of minority B. Riley Securities shares it does not already own and combine it with B. Riley Wealth division.BRC said the move will bring its institutional and retail distribution under its investment banking and wealth management platform as part of its plan to consolidate its financial services platform.The firm said it intends to effect the merger by year end.Shares were over 2% lower in morning trading.Price: $7.59, Change: $-0.21, Percent Change: -2.69%

$RILY

Wire153d ago

Ulta Beauty's TikTok Shop Expected to Drive New Guest Acquisition and Help Build Emerging Brands, Oppenheimer Says

Ulta Beauty's (ULTA) recently launched TikTok Shop is expected to drive new guest acquisition for the company and help build emerging brands, Oppenheimer said in a research note on Monday.After attending an Ulta analyst event and Ulta Beauty World, Oppenheimer said the company's management sees a significant opportunity in the wellness category.Ulta has already expanded its wellness assortment to more than 400 stores and is also growing through the marketplace, while working to develop a differentiated guest experience with a unique assortment, Oppenheimer said.Oppenheimer also said it was increasingly confident in the company's efforts to keep selling, general, and administrative expense growth below or in line with sales, though Ulta will still make additional investments to drive top-line growth profitably if needed.The brokerage said it remains upbeat on Ulta Beauty's longer-term prospects and bullish on Chief Executive Officer Kecia Steelman's leadership and strategic efforts to drive additional market share gains over time.Oppenheimer maintained its outperform rating on the stock and its $650 price target.Price: $559.84, Change: $+6.48, Percent Change: +1.17%

$ULTA

Wire153d ago

USA Rare Earth's Round Top Rare Earth Deposit Unlike Others in the West, Wedbush Says

USA Rare Earth's (USAR) Round Top in Texas is unlike any other rare earth deposit in the West, Wedbush analysts said in a Monday note to clients.Analysts said that Round Top carries about 72% heavy rare earth oxide distribution within its total rare earth oxide content, making it unique among deposits of this scale outside China.Wedbush said that the deposit positions the company to address the segment of the rare earth market under the most acute supply chain pressure following China's April 2025 export controls.Wedbush said that Round Top is the only deposit in the West with the geological profile to produce heavy rare earths at a commercial scale, and that the company's Less Common Metals unit is the only facility outside China with the capability to produce samarium cobalt and heavy rare earth metals commercially.Analysts initiated coverage on USA Rare Earth with an outperform rating and a $29 price target.Price: $22.65, Change: $+2.70, Percent Change: +13.53%

$USAR

Wire153d ago

The Metals Company's First-Mover Advantage in Deep-Sea Polymetallic Nodule Collection Remains Underappreciated, Wedbush Says

The Metals Company's (TMC) first-mover position in deep-sea polymetallic nodule collection is underappreciated at current levels, Wedbush said in a Monday research report.There is a clear and accelerating path to commercial production in the Clarion Clipperton Zone with significant US government support, according to the note.The company's permitting application to the National Oceanic and Atmospheric Administration was deemed substantially compliant in March and is on track for a permit grant within the next 12 months, analysts wrote.The company won exclusive rights to a lease in Brownsville, Texas, for a nodule processing hub, which Wedbush said is a "critical prerequisite" to unlocking a US government partnership and could drive a re-rating of the stock.The company is expected to have sufficient liquidity for at least the next 12 months, according to Wedbush.The brokerage said it maintained its outperform rating on the stock and its $8 price target.Price: $5.46, Change: $+0.14, Percent Change: +2.63%

$TMC

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