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UBS Adjusts Price Target on Meritage Homes to $86 From $95, Maintains Buy Rating

Meritage Homes (MTH) has an average rating of overweight and mean price target of $78.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $69.74, Change: $-0.16, Percent Change: -0.23%

$MTH

Treasury56d ago

Pirro Orders Office to Close Powell Investigation

US Attorney General for DC Jeanine Pirro said Friday on X that she has ordered her office to close its investigation into Federal Reserve Chair Jerome Powell.The Inspector General for the Federal Reserve has been asked to scrutinize cost overruns related to building construction, Pirro said."The IG has the authority to hold the Federal Reserve accountable to American taxpayers," Pirro said. "I expect a comprehensive report in short order and am confident the outcome will assist in resolving, once and for all, the questions that led this office to issue subpoenas."The Federal Reserve didn't immediately reply to a request for comment from.

Research56d ago

Research Alert: CFRA Downgrades Recommendation On Shares Of Steel Dynamics To Sell From Hold

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our 12-month target by $7 to $203, as we assume STLD will trade at an EV/EBITDA of 8.5x our 2027 EBITDA estimate, a premium to STLD's three-year average forward EV/EBITDA of 8.1x and above the peer-group average forward EV/EBITDA of 7.6x. We raise our 2026 EPS estimate by $0.82 to $14.78 and our 2027 EPS forecast by $1.12 to $16.73. STLD's Q1 results showcased record steel shipments of 3.6 million tons and improving pricing, yet we downgrade shares given valuation concerns, currently at a 25% premium to peers and near the peak of their three-year fwd EV/EBITDA range: 4.5x-10.8x. While the aluminum ramp-up presents a compelling long-term growth story with management targeting $650-$700 million in through-cycle EBITDA from aluminum operations near-term losses of $65 million in Q1 highlight execution risks. With shares trading near 52-week highs following a 35% gain over the past month, we see limited upside as the stock has priced in much of the aluminum opportunity and favorable steel fundamentals.

$STLD

US Markets56d ago

Charter Communications Misses Quarterly Earnings Estimates as Residential Weakness Weighs

Charter Communications (CHTR) reported first-quarter earnings below Wall Street's estimates as revenue declined annually, driven by weakness in the residential video and Internet segments.Earnings for the quarter rose to $9.17 per share from $8.42 a year earlier. Analysts polled by FactSet expected $9.96. Revenue declined 1% to $13.6 billion, compared with the Street's $13.55 billion view.Charter's shares plunged 20% in Friday trading. The stock is down 7.7% so far this year. Charter operates the Spectrum brand, which offers Internet, mobile, TV and voice products.Residential revenue decreased 2.7% to $10.49 billion as video sales fell 9.2%. Internet revenue slipped 1.3% to $5.85 billion.In the March quarter, total internet customers fell by 120,000, driven by a 117,000 decline in residential subscribers. Last year, the company reported a 59,000 drop in total customers.Mobile line net additions eased to 368,000 from 507,000.Media and connectivity giant Comcast's (CMCSA) first-quarter results topped the Street's estimates Thursday as it benefited from the Milan Cortina Winter Olympics and Super Bowl LX. AT&T (T) reported better-than-expected first-quarter results on Wednesday, while the telecommunications giant reiterated its full-year earnings outlook.Price: $203.20, Change: $-38.59, Percent Change: -15.96%

$CHTR$CMCSA$T

Wire56d ago

Jefferies Adjusts Keurig Dr Pepper Price Target to $32 From $34, Maintains Hold Rating

Keurig Dr Pepper (KDP) has an average rating of overweight and mean price target of $33.43, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $28.88, Change: $+0.34, Percent Change: +1.21%

$KDP

Wire56d ago

UBS Adjusts Price Target on Montauk Renewables to $1.60 From $2.85, Maintains Neutral Rating

Montauk Renewables (MNTK) has an average rating of hold and mean price target of $2.12, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $1.39, Change: $-0.02, Percent Change: -1.77%

$MNTK

Wire56d ago

JPMorgan Adjusts Keurig Dr Pepper Price Target to $33 From $32, Maintains Overweight Rating

$KDP

Wire56d ago

UBS Adjusts Price Target on EQT to $74 From $75, Maintains Buy Rating

EQT (EQT) has an average rating of overweight and mean price target of $70.72, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $58.45, Change: $-0.48, Percent Change: -0.81%

$EQT

Wire56d ago

BofA Adjusts Price Target on Domino's Pizza to $496 From $545

Domino's Pizza (DPZ) has an average rating of overweight and mean price target of $460.66, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $369.30, Change: $-3.09, Percent Change: -0.83%

$DPZ

Wire56d ago

BofA Adjusts Price Target on Brinker International to $193 From $210

Brinker International (EAT) has an average rating of buy and mean price target of $187.09, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $140.03, Change: $-3.82, Percent Change: -2.66%

$EAT

Treasury56d ago

Pirro Orders Office to Close Powell Investigation

Mining & Metals56d ago

Jushi Proposed Continuance From British Columbia To Nevada

Jushi Holdings (JUSH.CN) intends to seek shareholder approval of a proposed arrangement which involves, among other things, the continuance of the company out from the province of British Columbia, Canada and the concurrent domestication of the company in the State of Nevada in the United States, it said Friday.Each issued and outstanding subordinate voting share of the British Columbia-formed Jushi, upon completion of the continuance, among other things, will be deemed to represent one share of the common stock of the Nevada-continued Jushi. Each outstanding option or warrant to purchase subordinate voting shares will be automatically adjusted to become, respectively, one outstanding option or warrant to purchase an equal number of Nevada common stock, in each case on the same terms and conditions set forth in the applicable option or warrant, it said.The arrangement is not expected to cause any material change in the company's business or operations. Jushi expects the Nevada common stock to be listed for trading on the Canadian Securities Exchange and quoted on the OTCQX in place of the subordinate voting shares and the trading symbols to remain the same after the completion of the arrangement.Shares of the company were last seen unchanged at $0.69 on the Canadian Securities Exchange.

$JUSH.CN

Wire56d ago

Market Chatter: NIO Plans to Develop Its Own Chips for EVs

NIO (NIO) is developing its own chips to reduce reliance on suppliers such as Nvidia (NVDA), seeking to strengthen its technological edge and profitability, Reuters reported Friday, citing CEO William Li.Li said Nvidia's automotive chips carry "very high gross margins," and in-house development could eventually lift NIO's profit despite higher initial research and development costs, according to the report.NIO and Nvidia didn't immediately respond to requests 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: $6.20, Change: $-0.08, Percent Change: -1.27%

$NIO$NVDA

Wire56d ago

UBS Trims Price Target on Dow to $39 From $40, Maintains Neutral Rating

Dow (DOW) has an average rating of overweight and mean price target of $42.76, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $38.23, Change: $-0.31, Percent Change: -0.79%

$DOW

Wire56d ago

BofA Securities Adjusts Price Target on Chipotle Mexican Grill to $50 From $53

Chipotle Mexican Grill (CMG) has an average rating of overweight and mean price target of $44, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $33.97, Change: $+0.07, Percent Change: +0.20%

$CMG

Wire56d ago

FDA Fast-Tracks Psychedelic Drug Research Following Trump Directive; Psychedelic Drug Makers Gain

Shares of some psychedelic drug companies gained Friday morning after the US Food and Drug Administration said it was launching regulatory actions to back the development of psychedelic therapies to treat mental illness.Cybin (HELP) shares jumped past 4%, Psyence Biomedical (PBM) shares climbed 7%, and Clearmind Medicine (CMND) shares were up 2.4%.The FDA's move builds on President Donald Trump's recent executive order directing the Department of Health and Human Services to accelerate access to treatments for people with serious mental illness, the FDA said.The drugs have the potential to address mental health diseases like treatment-resistant depression, alcoholism and substance abuse, said FDA Commissioner Marty Makary.The agency said it is issuing national priority vouchers to three companies researching psilocybin for treatment-resistant depression, psilocybin for major depressive disorder, and methylone for post-traumatic stress disorder.The agency said it is also allowing an early-phase trial of noribogaine hydrochloride to proceed following an investigational new drug filing. The sponsor is investigating noribogaine to potentially treat alcohol use disorder, the FDA said, adding the move will allow the company developing the new drug, DemeRx NB, to start a phase 1 trial in the US.The agency said it will release final guidance "imminently" to provide recommendations to sponsors developing psychedelic medications.Price: $8.89, Change: $-0.27, Percent Change: -2.90%

$ATAI$CMND$CMPS$DFTX$GHRS$HELP$PBM

Wire56d ago

UBS Adjusts Price Target on Union Pacific to $274 From $253, Maintains Neutral Rating

Union Pacific (UNP) has an average rating of overweight and mean price target of $289.95, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $269.66, Change: $-1.60, Percent Change: -0.59%

$UNP

Wire56d ago

UBS Adjusts Price Target on Visteon to $130 From $120, Maintains Buy Rating

Visteon (VC) has an average rating of overweight and mean price target of $117.36, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $112.78, Change: $+3.38, Percent Change: +3.09%

$VC

Wire56d ago

BofA Adjusts Price Target on Cracker Barrel Old Country Store to $30 From $31

Cracker Barrel Old Country Store (CBRL) has an average rating of hold and mean price target of $31.38, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $29.36, Change: $-0.19, Percent Change: -0.64%

$CBRL

Wire56d ago

BofA Adjusts Price Target on CAVA Group to $108 From $95

CAVA Group (CAVA) has an average rating of overweight and mean price target of $88.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $94.56, Change: $+1.45, Percent Change: +1.56%

$CAVA

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