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Polestar says US Commerce Department is blocking its car sales from 2027
Stocks

Polestar says US Commerce Department is blocking its car sales from 2027

Polestar claims the US Commerce Department will bar it from selling cars in the US starting with model year 2027, even as Volvo keeps sellin

Marcus Devlin ·
Jersey Mike's plans louder online push as it targets 1,600-plus stores
Stocks

Jersey Mike's plans louder online push as it targets 1,600-plus stores

Truist Securities says Jersey Mike's could lift brand awareness by shifting marketing to social media and premium TV slots. The sandwich cha

Eleanor Whitfield ·
Walmart launches Scenario, a $25-and-under women's line, to court younger shoppers
Stocks

Walmart launches Scenario, a $25-and-under women's line, to court younger shoppers

Walmart is rolling out Scenario, a new women's clothing and accessories line with most items under $25, aiming to attract younger shoppers.

Marcus Devlin ·
UBS lifts Immunovant target to $40 but stays neutral on RA data
Stocks

UBS lifts Immunovant target to $40 but stays neutral on RA data

UBS has turned more optimistic on Immunovant, lifting its price target to $40 and raising its long-term sales forecast to $3.2 billion by 20

Marcus Devlin ·
Shein's Hong Kong IPO finally set for September 1 at a fraction of its peak value
Breaking

Shein's Hong Kong IPO finally set for September 1 at a fraction of its peak value

Shein will finally list in Hong Kong on September 1, after years of failed attempts in New York and London. But the fast-fashion giant's val

Eleanor Whitfield ·
nVent to buy Maverick Power for $1.75B to meet AI data center demand
Stocks

nVent to buy Maverick Power for $1.75B to meet AI data center demand

nVent Electric is buying Maverick Power for $1.75 billion to supply power distribution equipment to AI-heavy data centers. The deal includes

Marcus Devlin ·
UBS upgrades Celestica to buy on AI data center demand, raises target to $430
Stocks

UBS upgrades Celestica to buy on AI data center demand, raises target to $430

UBS upgraded Celestica to buy and raised its price target to $430, saying AI data center demand could accelerate growth. The bank trimmed it

Eleanor Whitfield ·
RBC: Waters' 2027 growth story intact despite BD drag
Stocks

RBC: Waters' 2027 growth story intact despite BD drag

RBC Capital Markets believes Waters' Q4 outlook is conservative and that the lab-equipment maker can still achieve high single-digit growth

Eleanor Whitfield ·
BofA: Jersey Mike's franchise growth still has room to run
Stocks

BofA: Jersey Mike's franchise growth still has room to run

Bank of America says Jersey Mike's has more room to grow, even after hitting $4.2 billion in 2025 sales. The bank points to better marketing

Marcus Devlin ·
RBC starts Reformation coverage with bullish growth outlook
Stocks

RBC starts Reformation coverage with bullish growth outlook

RBC Dominion Securities initiated coverage on Reformation, projecting high-teens revenue growth through 2028 and EBITDA approaching $100 mil

Eleanor Whitfield ·
Deere's tech push is softening the farm cycle, RBC says
Stocks

Deere's tech push is softening the farm cycle, RBC says

Deere's latest quarter beat expectations, and RBC says surging See & Spray adoption shows its tech strategy is softening the farm-equipment

Marcus Devlin ·
RBC: Jersey Mike's Has Longer Growth Runway Than Rival Sandwich Chains
Stocks

RBC: Jersey Mike's Has Longer Growth Runway Than Rival Sandwich Chains

RBC Capital Markets says Jersey Mike's is outperforming other sandwich chains, citing 26.2% system sales growth since 2023 and strong franch

Eleanor Whitfield ·