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Moment Energy verified as non-PFE and FEOC compliant, securing US tax credit eligibility for its battery systems.

Market News
09 Sep 2026
PRNewsWire
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Bullish
Moment Energy verified as non-PFE and FEOC compliant, securing US tax credit eligibility for its battery systems.

Moment Energy has achieved third-party legal verification confirming its status as a non-Prohibited Foreign Entity (non-PFE) and full compliance with Foreign Entity of Concern (FEOC) rules for its battery energy storage systems. This milestone ensures U.S. buyers can confidently access federal Investment Tax Credits amid tightening domestic sourcing requirements. The company’s systems use reengineered second-life EV batteries sourced in North America, reducing reliance on foreign supply chains and meeting evolving regulatory standards through 2030. Moment Energy also engages with U.S. Treasury to influence future FEOC and PFE guidelines and offers educational webinars to help developers navigate these complex rules.

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UBS raises ABM Industries price target to $51.50 after strong earnings and revenue growth.

UBS raises ABM Industries price target to $51.50 after strong earnings and revenue growth.

UBS increased its price target for ABM Industries to $51.50 following the company's strong quarterly earnings and revenue growth. ABM reported a 4.2% revenue increase to $2.32 billion and a 19% rise in net income to $49.7 million, alongside strong ca...

Analyst Insights
Bullish
1 hour ago
Chewy doubles earnings estimates with $0.36 EPS and raises sales guidance, boosting stock.

Chewy doubles earnings estimates with $0.36 EPS and raises sales guidance, boosting stock.

Chewy reported quarterly earnings of $0.36 per share, doubling analyst estimates of $0.18, with net income rising to $80.5 million from $62 million a year ago. Quarterly revenue reached $3.33 billion, slightly above expectations, marking a 7.3% incre...

Company Fundamentals
Bullish
1 hour ago
AeroVironment preps Q3 earnings amid strong $865M defense contracts and rising profit forecasts

AeroVironment preps Q3 earnings amid strong $865M defense contracts and rising profit forecasts

AeroVironment, a leading drone maker, is set to report its Q3 earnings on September 9, 2026, with analysts expecting EPS between $0.22 and $0.25 and revenue near $452-$456 million. The company recently secured major contracts worth over $865 million ...

Company Fundamentals
Bullish
1 hour ago
Bernstein lowers Newmont's price target amid gold production decline and rising costs.

Bernstein lowers Newmont's price target amid gold production decline and rising costs.

Bernstein has reduced the price target for Newmont Corporation to $144, reflecting challenges including a 13% drop in gold production and rising costs expected to reach $1,680 per ounce in 2026. Despite these issues, Newmont's stock gained 34.5% in A...

Analyst Insights
Bearish
2 hours ago
Barrick Mining keeps 'Outperform' rating as gold production rises 11% in Q2, trading at a 15% valuation discount.

Barrick Mining keeps 'Outperform' rating as gold production rises 11% in Q2, trading at a 15% valuation discount.

Barrick Mining maintains an 'Outperform' rating from Bernstein despite a lowered price target of $56.50, down from $61.00. The company reported an 11% increase in gold production in Q2 to 796,000 ounces, with further growth expected in the coming qua...

Analyst Insights
Bullish
2 hours ago
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