Shares of AMC Entertainment Holdings (NYSE:AMC) rose more than 10% on Friday after Wedbush upgraded the movie theater chain to “Outperform” from “Neutral,” citing improving industry fundamentals, strengthened financials, and potential market share gains over the next two years.
The brokerage raised its 12-month price target on AMC to $4 from $3, implying a 33% upside from current levels.
Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) shares moved higher as silver prices hit a 13-year high and as Red Cloud Securities initiated coverage on the silver miner with a ‘Buy (speculative)’ and a C$0.52 price target.
Shares of Excellon added 15.4% at C$0.38 in the early afternoon on Friday.
Levi Strauss & Co (NYSE:LEVI) shares surged more than 11% in early trade on Friday as the apparel company’s second quarter earnings topped Wall Street expectations.
Revenue for the quarter was up 6% year-over-year to $1.4 billion, ahead of the consensus estimate of $1.37 billion.
Wedbush raised its 12-month price target on Palantir Technologies Inc (NYSE:PLTR) to $160 from $140 on Thursday, citing accelerating demand for the company’s artificial intelligence software across commercial and government sectors, and positioning it as a frontrunner in what it called a “trillion-dollar AI spend” wave.
Calling Palantir the “Messi of AI,” Wedbush analyst Dan Ives reiterated an “Outperform” rating on the stock.
Shares of Estee Lauder Companies Inc (NYSE:EL, ETR:ELAA) rose 6.5% on Thursday after Bank of America reinstated coverage of the beauty giant with a “Buy” rating and a $110 price objective, implying a 30% upside from current levels.
The brokerage cited growing confidence in Estee Lauder’s “Beauty Reimagined” turnaround plan, forecasting 4% annual revenue growth through fiscal 2027 and a 430 basis-point improvement in operating margin to 12%.
Amazon.com Inc (NASDAQ:AMZN)'s multibillion-dollar satellite internet project, Kuiper, is accelerating its launch schedule and could generate $7.1 billion in consumer revenue by 2032, Bank of America said in a note Thursday.
The firm estimates Amazon will invest about $23 billion to build out the Kuiper satellite network, which aims to deliver internet services to underserved regions.
Shares of Ultragenyx Pharmaceutical Inc (NASDAQ:RARE) slumped around 26% on Thursday afternoon after the company and partner Mereo BioPharma said their late-stage study of setrusumab in osteogenesis imperfecta failed to meet a key interim goal.
Ultragenyx is developing setrusumab as a potential first-in-class treatment for osteogenesis imperfecta, a rare genetic bone disorder with no approved therapies in the US.
Microsoft Corp (NASDAQ:MSFT) is nearing a $4 trillion market valuation, with analysts at Wedbush projecting the tech giant will hit the historic milestone this summer.
Nvidia Corp (NASDAQ:NVDA, ETR:NVD) earlier this week became the first ever company to achieve a $4 trillion market cap.
Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) has earned a ‘Buy (Speculative)’ rating and C$1.30 price target, implying upside of about 117% from current levels, from Red Cloud Securities analysts in their initial coverage on the company.
GMG is focused on developing graphene enhanced products using its proprietary technology. It produces less-than-10-layer graphene from natural gas, which the company then incorporates into a range of liquid-based products, such as paints, lubricants, coatings, and potentially, battery additives.
Ulta Beauty Inc (NASDAQ:ULTA) announced that it it is entering the UK beauty retail market through its acquisition of Space NK from the private equity firm Manzanita Capital.
The financial terms of the acquisition were not disclosed, but media reports estimate the purchase price exceeds £300 million (US$408 million).
Gold has held up remarkably well in recent weeks, despite markets regaining some composure and equities moving higher.
What’s interesting, RBC says, is the “cognitive dissonance” in markets. Equities are rising, but so are gold allocations.
There was more to the share price rises in mining giants Rio Tinto Ltd (LSE:RIO) and Anglo American PLC (LSE:AAL) than just copper, analysts said on Thursday.
Copper prices surged this week after former US President Donald Trump proposed a 50% import tariff, but markets had already priced in most of the risk, according to Panmure Liberum analyst Tom Price.
Warner Music Group Corp (NASDAQ:WMG) received an upgrade from Bank of America to "Neutral" from "Underperform," with analysts citing improved revenue visibility from new streaming deals and a recently announced $300 million cost-cutting program.
Analysts raised their price objective on the stock to $33 from $28, saying Warner’s recent agreements with digital streaming platforms (DSPs), including Spotify, will boost predictability in the company’s subscription streaming business starting in fiscal 2026.
Apple Inc (NASDAQ:AAPL, ETR:APC) risks falling behind in the fast-moving artificial intelligence race unless it acts quickly, Wedbush analysts said on Wednesday, urging the tech giant to acquire AI search engine Perplexity to bolster its AI platform.
Despite boasting the world’s largest consumer installed base with 2.4 billion iOS devices and 1.5 billion iPhones, Apple has lagged behind AI leaders such as Nvidia, Microsoft, Alphabet, Amazon, Meta, OpenAI and Oracle, the firm said in a note.
Bank of America on Wednesday reiterated its “Buy” rating and $1,000 price objective on Eli Lilly and Co (NYSE:LLY), ahead of the drugmaker’s second-quarter earnings due on August 7, citing durable growth prospects and strong positioning in the obesity and diabetes markets.
The bank made only minor adjustments to its revenue and earnings estimates through 2026, driven primarily by higher sales expectations for weight-loss drug Zepbound.
Oppenheimer raised its price target on Alphabet Inc (NASDAQ:GOOG) to $220 from $200, citing strong consumer adoption of the tech giant's AI Mode and a bullish valuation outlook for its self-driving unit Waymo.
The brokerage, which reiterated its "Outperform" rating, said a recent survey of US adults showed Alphabet's AI Mode is increasingly seen as superior to both traditional Google Search and OpenAI’s ChatGPT among users familiar with the technology.
Union Jack Oil PLC's (AIM:UJO, OTCQB:UJOGF) increased drilling and development activity over the next 12 months offers investors significant potential for value creation, according to SP Angel.
The company recently agreed to acquire a 60% stake in the Sark well in Central Oklahoma, which is scheduled for drilling in the early third quarter of 2025.
US copper tariffs of 50% threatened by President Donald Trump could be cushioned by recent stockpiling, while a floated idea of a potential 200% pharmaceuticals levy is "unlikely", according to UBS.
Mark Haefele, chief investment officer of the Swiss bank, said metals traders and markets have "anticipated US copper tariffs and have responded by building up US inventories in recent months".
As earnings season kicks off for US banks, UBS analysts believe investors should look beyond the headline results for the second quarter and instead concentrate on the back half of the year.
“Outlook matters more than results,” the analysts wrote in a note, noting that no major fireworks are expected.
Uber Technologies Inc (NYSE:UBER, ETR:UT8) has earned a price target boost to $115 from $97 from Bank of America analysts, who cited a series of positive developments spanning policy tailwinds, autonomous vehicle momentum, and accelerating bookings growth.
Shares of Uber traded hands at about $97 on Tuesday afternoon.
As Tesla Inc (NASDAQ:TSLA) CEO Elon Musk pursues his political aspirations, Wedbush analysts have called on the EV-maker’s board of directors to take decisive action to preserve leadership stability and protect shareholder interests.
The analysts reiterated their ‘Outperform’ rating on Tesla and a $500 price target, while warning that the “soap opera must end.”
Oracle Corp (NYSE:ORCL, ETR:ORC)’s recent deals represent a pivotal moment in its evolution as a hyperscaler, analysts at Jefferies believe.
The analyst repeated their ‘Buy’ rating on Oracle and upped their price target to $270 from $220, implying upside of 16% from levels at the time of writing.
Novo Nordisk (NYSE:NVO) is losing ground in Europe’s red-hot market for weight-loss and diabetes drugs.
Its rival, Eli Lilly and Co (NYSE:LLY) is racing ahead, and investors are taking notice.
Gold producers are expected to deliver improved financial results in the second quarter of 2025, driven by a sharp increase in gold prices despite muted production growth and rising costs, according to analysts at RBC Capital Markets.
The analysts expect a solid recovery in earnings and free cash flow (FCF) for the quarter, with stronger momentum anticipated in the second half of the year.
Canadian bank stocks are expected to benefit in the second half of 2025, as optimism grows around economic policy under Prime Minister Mark Carney and the potential for a US trade deal ahead of a key July 21 deadline.
Analysts at Bank of America said improved GDP prospects, infrastructure stimulus, and easing interprovincial trade barriers should support the sector, with valuations remaining “in reasonable territory” ahead of a potential earnings-per-share (EPS) revision cycle.
There is a sense of 'exhaustion' among Tesla Inc (NASDAQ:TSLA) investors as Elon Musk continues to head down the political track.
That is the conclusion of analysts at Wedbush after the CEO launched a new “America Party” on X, diverting attention from the electric-vehicle maker’s core business.
Berenberg has reiterated its “buy” recommendation on Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF), setting a price target of 3,300p.
That's a near 45% premium to Monday’s trading price of 2,282p, on the view that the West African gold producer’s best days lie ahead.