Citigroup has reaffirmed its Outperform rating on Excelerate Energy following the company's strong Q2 2026 results, which included a net income of $50.1 million and adjusted EBITDA of $120.1 million, surpassing estimates. The company raised its full-year adjusted EBITDA forecast to $490-$515 million, driven by contributions from new projects like its Jamaica platform. Excelerate Energy is advancing LNG infrastructure projects globally, signaling confidence in long-term demand for LNG solutions. This outlook supports ongoing expansions and new vessel charters in multiple regions.
Yvonne Wassenaar, a director at Rubrik, sold 721 shares at a price of $75 each just before the company's stock experienced a significant rally. This sale occurred ahead of the stock's upward movement, which may be of interest to investors tracking in...
UBS raised its price target for Tapestry to $232, suggesting an 80.7% upside from its current price of $128.39. The upgrade follows Tapestry's strong fiscal 2026 results, including $8 billion in revenue and $7.05 EPS, driven by Coach's 14% growth and...
Western Union's planned $500 million acquisition of International Money Express (Intermex) has received regulatory approval from New York after commitments on remittance services, but the deal is stalled in California where further review is required...
Check Point Software Technologies Ltd. (CHKP) has been upgraded to a Buy rating due to accelerating subscription growth of 12% year-over-year, reversing previous softness in recurring revenue. The company’s new AI Network Firewall and Verity products...
NVIDIA announced a $500 billion financing plan to support AI infrastructure development, signaling strong market confidence. The company reported impressive Q1 FY2027 results, with revenue up 85% year-over-year and strong data center growth. NVIDIA's...
