Morgan Stanley lowered Avis Budget Group's price target from $99 to $95 as the company faces a class-action lawsuit accusing major investor Pentwater Capital Management of manipulating its stock price. The lawsuit claims Pentwater artificially inflated the stock by over 400% before selling millions of shares, causing extreme volatility and a sharp price drop. This legal issue raises concerns about the stock's future stability and investor confidence.
Argus Research increased its price target for NetApp to $225, citing a 13.5% potential upside from the current price of $198.18. NetApp reported strong fiscal Q1 2027 results with revenues up 29.9% to over $2 billion and non-GAAP EPS rising 66.5% to ...
New Jersey American Water received approval for rate increases that will add $68 million annually to its revenue. This funding supports over $1.4 billion in critical infrastructure upgrades, including replacing aging water mains and improving treatme...
MoneyHero Limited reported Q3 2026 earnings with an EPS of -$0.03 and revenue of $15.75 million, missing analyst estimates. The company is shifting strategy to offer more cash rewards to attract users, which has lowered immediate revenue and resulted...
Block & Leviton is investigating Stryker Corporation for potentially misleading investors about a manufacturing issue affecting its peripheral vascular business. Initially, Stryker's CEO claimed the problem was resolved and expected to be fixed in Q3...
Hooker Furnishings reported Q2 fiscal 2027 earnings of $0.11 per share from continuing operations, beating analyst expectations of a $0.02 loss per share, while total diluted EPS including discontinued operations was $0.15. However, quarterly net sal...
