Alcoa's stock surged over 48% early in 2026 but fell more than 40% since June. Despite this, Wells Fargo raised its price target to $68 from $64 after a positive meeting with Alcoa's CFO, citing limited energy cost risks and strong earnings momentum. The firm highlights Alcoa's strategic asset sales, production growth, and leadership in carbon-free aluminum smelting as key drivers. Achieving the $68 target by 2026 depends on stable alumina shipments to the Middle East, aluminum price strength, and successful asset sales, with risks including potential tariff changes in the U.S.
Toast's Chief Revenue Officer has sold nearly 14,000 shares as the company's stock price has surged over 50% in the past three months. This insider sale comes at a time when investor confidence appears strong, reflecting positive market sentiment tow...
Kohl's reported a strong adjusted EPS of $1.28 for Q2, more than doubling analyst expectations due to a 43% gross margin boosted by one-time tariff refunds. However, the retailer's total revenue and comparable sales fell by 0.9%, marking the 18th con...
Royal Bank of Canada reported strong Q3 2026 results, surpassing earnings per share estimates with $3.07 versus $2.89 expected, marking a 6.23% positive surprise and continuing a streak of four quarters beating expectations. Revenue also exceeded for...
Evercore ISI increased its price target for Williams-Sonoma to $245 following a strong Q2 performance, with revenue up 6.7% to $1.96 billion and comparable sales rising 6.2%, beating expectations. The gross margin improved to 51.6%, partly due to one...
RBC Capital reaffirmed its 'Sector Perform' (hold) rating on FactSet, increasing the price target from $240 to $304 as of August 27, 2026. Despite this optimistic price target adjustment, the broader market remains cautious, with an average 'Reduce' ...
