Applied Materials, a prominent manufacturer of semiconductor-manufacturing equipment, may experience a substantial letdown alongside other chip-related stocks in the upcoming year, as suggested by Susquehanna's analysis. Neutral Rating for Applied Materials Shares Analyst Mehdi Hosseini recently reiterated a Neutral rating for Applied Materials shares (ticker: AMAT) and … [Read more...] about Applied Materials Faces Disappointment in Chip Market
Investment
Expedia Group Stock Has Room for Growth, Airbnb Shares Have Limited Upside
According to an analyst at Evercore ISI, Expedia Group stock has more room to grow compared to Airbnb shares, which have seen solid gains this year. Expedia Upgraded to Outperform Mark Mahaney, in a research note, upgraded shares of Expedia (ticker: EXPE) to Outperform from In Line. He also increased his price target on the stock to $200 from $135. Mahaney stated that the … [Read more...] about Expedia Group Stock Has Room for Growth, Airbnb Shares Have Limited Upside
Activist Holdings
Kinnate Biopharma (KNTE) OrbiMed Advisors - Major Stakeholder OrbiMed Advisors, a leading investment firm, holds a significant stake in Kinnate Biopharma. They currently own 8,009,729 shares of this innovative clinical-stage oncology company, which accounts for 17% of the outstanding stock. On November 13, OrbiMed Advisors, in collaboration with Foresite Capital, submitted an … [Read more...] about Activist Holdings
Carvana Stock Surges as J.P. Morgan Upgrades Rating
Carvana stock has experienced a remarkable surge from around $4 to $40 this year, and it continues to climb, with an 11% increase on Monday, thanks to an upgrade. A team of J.P. Morgan analysts, led by Rajat Gupta, has raised their rating on Carvana shares from Underweight to Neutral, along with raising their price target to $40 from $25. This decision comes after a facility … [Read more...] about Carvana Stock Surges as J.P. Morgan Upgrades Rating
Rainbow Rare Earths Secures $50 Million Investment for Phalaborwa Project
Shares of Rainbow Rare Earths have surged after the company announced it has entered an option agreement with TechMet. This agreement grants TechMet the right to invest $50 million in Rainbow's Phalaborwa rare earths project in South Africa. At 0825 GMT, shares were up 14% at 15.5 pence, an increase of 1.9 pence. According to Rainbow Rare Earths, this option agreement allows … [Read more...] about Rainbow Rare Earths Secures $50 Million Investment for Phalaborwa Project
