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HomeBusiness

Business

CWEB analyzes Australia bill banning social media for children under 16

In late November, Australia’s Senate and House of Representatives passed a bill banning social media use by children under 16 by a considerable margin. The lower House of Parliament passed the tough bill with bipartisan support, as did the...

Exelixis Initiated at Buy with Promising Growth Outlook

Brookline Capital Markets analysts initiated coverage of Exelixis (NASDAQ:EXEL) with a Buy rating, highlighting the biotech company’s strong commercial presence and growth potential across its drug portfolio and pipeline. The firm sees significant upside, projecting Exelixis could reach a...

SoundHound AI Price Target Boosted to $26 Amid Surging Demand and Strategic Growth

H.C. Wainwright analysts significantly raised the price target for SoundHound AI (NASDAQ:SOUN) to $26 from $8, reiterating a Buy rating. The upgrade reflects the company’s impressive growth trajectory, fueled by rising demand for its AI-driven services and strategic positioning...

Datadog’s Growth Potential Sparks Price Target Boost to $200

Loop Capital analysts raised their price target for Datadog (NASDAQ:DDOG) to $200 from $160, maintaining a Buy rating on the stock. The increase reflects confidence in the company’s long-term growth trajectory, bolstered by an expanding total addressable market (TAM)...

Mizuho Raises UGI Corporation Price Target Amid Confidence in Strategic Shift

Mizuho analysts raised their price target for UGI Corporation (NYSE:UGI) to $33 from $30, reiterating an Outperform rating on the stock. The revision reflects growing confidence in UGI’s potential to bridge its valuation gap, driven by strategic initiatives and...

Loop Capital Boosts Microsoft Price Target to $550

Loop Capital analysts raised Microsoft (NYSE:MSFT) price target to $550 from $500, maintaining a Buy rating, citing confidence in the tech giant’s long-term free cash flow (FCF) growth despite significant near-term investments in generative AI. The revised valuation reflects...

Rumble Soars 97 percent on $775 Million Tether Investment

Rumble Inc. (NASDAQ:RUM) saw its shares skyrocket over 97% intra-day today after securing a $775 million investment from Tether, the company behind the widely used USDT stablecoin. The partnership signals a deepening connection between the cryptocurrency sector and platforms...

Veeva Systems Inc. (NYSE:VEEV) Stock Analysis: A Look into the Future

Jeff Garro from Stephens sets a price target of $280 for Veeva Systems Inc. (NYSE:VEEV), indicating a potential upside of 27.46%. Veeva's sales growth is stabilizing in the mid-teens, with EBITDA margins expected to exceed 40%. The company's strategy to expand...

WTW (NASDAQ:WTW) Sees Price Target Increase to $382 by Jefferies

WTW Stock Price Target Raised by Jefferies - An Optimistic Outlook Jefferies upgrades WTW (NASDAQ:WTW) from "Hold" to "Buy" with a new price target of $382. WTW's stock price has the potential to rise by approximately 22.83% to reach the new...

Accenture (NYSE:ACN) Surpasses Earnings Expectations

Accenture's EPS of $3.59 exceeded the estimated $3.42, showcasing its cost management and profitability. The company's revenue of $17.69 billion surpassed expectations, indicating strong demand for its services. Financial metrics reveal strong market confidence, with a P/E ratio of approximately 44...

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