Truist Securities has named Craig Mineard as Managing Director and Co-Head of its Technology, Media, and Telecom (TMT) Investment Banking division, joining Thomas Wilson in leading the team. Mineard brings over 25 years of experience from Jefferies, enhancing Truist's expertise in sectors like AI, infrastructure, and digital media. This leadership expansion aims to strengthen Truist's ability to advise clients on complex transactions amid rapid market changes. The move positions Truist to better serve evolving client needs in a dynamic TMT landscape.
Comcast announced a strategic restructuring to separate its connectivity and technology division from its media operations, including NBCUniversal and Sky. UBS raised Comcast's price target to $27, suggesting a 10% upside from current prices. The com...
Vera Bradley reported a strong quarter with earnings per share of $0.11, beating analyst expectations of a $0.08 loss. Revenue rose 1.1% year-over-year to $71.65 million, supported by an 8.0% increase in direct-to-consumer sales. The company’s ongoin...
Lake Street raised Flotek Industries' price target to $44, signaling a 65% upside from its current $26.68 price. This comes amid a securities fraud class action lawsuit over a canceled $400 million Puerto Rico contract, which caused the stock to plun...
Robinhood Markets is experiencing rapid growth in its prediction markets, with user engagement surging fifteen-fold to 4.7 billion event contracts traded in August. This growth is attracting positive analyst attention, with Cantor Fitzgerald maintain...
VICI Properties, a REIT specializing in gaming and entertainment properties, recently faced a 25% stock sell-off and a price target cut by Morgan Stanley from $31 to $29. Despite this, the new target still implies a 15.8% upside from the current pric...
