Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
RBC Boosts Tesla Target to $500, Citing Potential SpaceX Takeover Premium
RBC Capital Markets lifted its Tesla price target to $500, pointing to a hypothetical all-stock acquisition by SpaceX that could include a 2
Georg Fischer Sells Foundry Unit for 220M Francs; Givaudan Buys Stake in Microcaps
Swiss stocks were little changed as industrial group Georg Fischer sold its aerospace foundry unit for 220 million francs, and fragrances ma
S&P Global Restructures Reporting Segments Ahead of Mobility Spinoff; RBC Sees Limited Margin Impact
S&P Global is reorganizing its business reporting segments ahead of its planned Mobility spinoff. RBC Capital Markets says the changes shoul
BofA Warns Tougher Q2 Scrutiny for Moderna, TG Therapeutics, Agios on Launch Execution
Bank of America Securities warns that Moderna, TG Therapeutics, and Agios Pharmaceuticals will face tougher questions in Q2 earnings about w
Ecolab's CoolIT Deal and Pricing Power Signal Strong Second Half
Ecolab's CoolIT acquisition opens the door to AI data center cooling, while RBC notes pricing surcharges are running ahead of commodity infl
RBC Initiates Colruyt Coverage with Sector-Perform Rating as Belgian Grocery Price War Eases
RBC Capital Markets has initiated coverage of Belgian grocer Colruyt Group with a sector-perform rating and a €37 price target. The bank bel
Dundee Commences C$85M Earn-In Drill Program at Westhaven's Spences Bridge Gold Project
Dundee has begun a 15,000-meter drill program at Westhaven Gold's Spences Bridge properties in British Columbia. The deal allows Dundee to e
Auto1's €236 Million Loan Securitization Sees Strong Demand, Boosting In-House Lending Plans
Auto1 Group's latest consumer auto-loan securitization, FinanceHero 3, raised €236.3 million and was 2.8 times oversubscribed. Analyst Mwb R
Berenberg Lifts Keller Group Target After Surprise Profit Guidance Upgrade
Berenberg lifted its target price for Keller Group to £31.50 after the contractor surprised markets with guidance for revenue and underlying
RBC Makes Minor Tweaks to Elis Forecasts Ahead of H1 Results, Keeps €27.50 Target
RBC Capital Markets has made small adjustments to its forecasts for Elis ahead of the company's first-half results on July 29. The bank kept
Errington Metals Adds 48% More Land in Sudbury Basin with Mixed Cash, Shares, Royalty Deal
Errington Metals agreed to buy unpatented mining claims in Ontario's Sudbury Basin, boosting its land position by 48%. The deal uses cash, s
RBC Sees Hidden Value in Carrefour's Cash Flow and Cost Savings Plan
RBC Capital Markets initiated coverage of French grocer Carrefour with an Outperform rating, arguing the company's cash generation and cost-