Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Axis Capital's growth story goes beyond premium hikes, UBS says
UBS says Axis Capital has multiple growth levers beyond raising premiums, including new products, flexible distribution, and rising investme
UBS cuts Nike price target to $34, warns turnaround may take longer
UBS trimmed its Nike price target to $34 from $42 and cut fiscal 2027-2028 revenue forecasts, warning that reducing discounts could hurt dem
Rivian's R2 drives record deliveries, but 2026 outlook keeps stock in check
Rivian posted a record quarter with 19,248 deliveries, helped by its R2 SUV. But the EV maker kept its 2026 outlook unchanged, and the stock
RBC: Vylor's licensing push could hit $1B by 2035
RBC Capital Markets initiated coverage of seed maker Vylor with an outperform rating, highlighting its licensing business as the main growth
RBC sees Allegro's data center chip sales doubling by 2027
RBC Capital Markets initiated coverage of Allegro MicroSystems with an outperform rating, saying the chipmaker's data center business remain
Morgan Stanley names Nvidia top pick as AI's bottleneck shifts to power
Morgan Stanley has put Nvidia back at the top of its semiconductor rankings, saying AI's next bottleneck is data center power and financing.
Modine's growth plans face rising copper and steel costs
Oppenheimer flags Modine's capacity additions and data center demand as tailwinds, even as copper and steel costs rise and component shortag
RBC Downgrades Northrop Grumman on Margin, Budget Concerns
RBC Capital Markets downgraded Northrop Grumman to sector perform and cut its price target to $525 from $640, citing margin pressure and slo
RBC lifts Arxis to outperform, sees more gains after strong IPO
RBC Capital Markets upgraded defense supplier Arxis to outperform and raised its price target to $60, citing smooth acquisitions and resilie
RBC: Onto Innovation Set to Benefit as Chip Equipment Spending Surges
RBC Capital Markets expects wafer fab equipment spending to jump about 30% in 2026 and over 35% in 2027, with AI-driven advanced packaging d
Freeport's Grasberg recovery back on track, shares rise 3.2%
Freeport-McMoRan says recovery work at Indonesia's Grasberg Block Cave is back on schedule after last year's deadly mudslide. The miner expe
US Auto Sales Flat in Q3, but Honda Gains While GM and Ford Slip
US auto sales were flat in the third quarter, but the winners and losers shifted. Honda gained 9.3%, while GM and Ford saw declines, highlig