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Raymond James Initiates QXO (QXO) at Outperform with $28 Price Target
Yahoo Finance· 2025-09-12 10:50
QXO Inc. (NYSE:QXO) is one of the best stocks for day trading. On September 5, Raymond James analyst Sam Darkatsh initiated coverage on QXO Inc. (NYSE:QXO) with an Outperform rating and a $28 price target. The analyst pointed to the company’s recent acquisition of Beacon Roofing as a pivotal step in establishing a scalable platform in building products distribution. Raymond James Initiates QXO (QXO) at Outperform with $28 Price Target Darkatsh sees QXO Inc.’s (NYSE:QXO) ambition to reach $50 billion in r ...
Morgan Stanley Maintains Buy Rating on Meta Platforms (META) Stock
Yahoo Finance· 2025-09-12 10:50
Meta Platforms, Inc. (NASDAQ:META) is one of the Best Stocks to Invest in for the Next 5 Years. On September 9, analyst Brian Nowak from Morgan Stanley maintained a “Buy” rating on the company’s stock, keeping the price objective at $850.00. The analyst’s rating is backed by a combination of factors demonstrating Meta Platforms, Inc. (NASDAQ:META)’s growth potential and resilience. One of the critical reasons is the expected $600 billion investment in the US by 2028, which has already been factored into th ...
Affirm (AFRM) Gets Buy from Evercore and William Blair, Growth Momentum in Focus
Yahoo Finance· 2025-09-12 10:50
Affirm Holdings Inc. (NASDAQ:AFRM) is one of the best stocks for day trading. On September 3, Evercore ISI analyst Adam Frisch reiterated a Buy rating on the stock, with an unchanged price target of $100, implying an upside of nearly 15%. In a more recent update, on September 8, Andrew Jeffrey from William Blair also maintained his Buy rating on the stock without assigning a price target.   Affirm (AFRM) Gets Buy from Evercore and William Blair, Growth Momentum in Focus Photo by Jonas Leupe on Unsplash ...
China Merchants Securities Begins Coverage on Microsoft (MSFT) Stock
Yahoo Finance· 2025-09-12 10:50
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Stocks to Invest in for the Next 5 Years. On September 10, China Merchants Securities began coverage on the company’s stock with a “Buy” rating and a price objective of $585.00. The firm noted Microsoft Corporation (NASDAQ:MSFT)’s robust position in the cloud infrastructure, along with AI capabilities, as key factors placing it to further penetrate the SaaS market. China Merchants Securities Begins Coverage on Microsoft (MSFT) Stock Furthermore, the ...
Prediction: XRP's Downtrend Will Continue
Yahoo Finance· 2025-09-12 10:50
Key Points After hitting a 52-week high in July, XRP has languished in price and now trades for just $3. XRP may get little or no bounce from the expected approval of spot XRP ETFs in October. If Bitcoin fails to rally at the end of the year, it's unlikely that XRP will follow suit. 10 stocks we like better than XRP › Cryptocurrency XRP (CRYPTO: XRP) remains mired in a month-long slump that has seen its price fall below the $3 mark. XRP is now down about 25% after hitting a new 52-week high in Ju ...
‘Dust off your rate-cutting playbook,’ JPMorgan tells clients—the evidence for a Fed cut just keeps piling up
Yahoo Finance· 2025-09-12 10:48
Jobless claims hit their highest level since 2021 last week, adding to recent labor market revisions that have fueled confidence the Fed will cut rates in September. Despite hotter CPI data, markets rallied on expectations of easing, with J.P. Morgan’s Elyse Ausenbaugh and UBS’s Mark Haefele urging investors to prepare portfolios for a rate-cutting cycle. If markets needed further evidence for a September rate cut, they got it: Initial jobless claims for the first week of September came back as the high ...
The Weekly Closeout: Walmart to launch in South Africa and Mary Dillon exits Foot Locker
Yahoo Finance· 2025-09-12 10:48
This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From Chewy’s latest fashions to Office Depot’s new promise, here’s our closeout for the week. What you may have missed Mary Dillon, Frank Bracken and more depart Foot Locker as deal ...
Mirum-maker Natural Fiber Welding to ‘wind down’ operations
Yahoo Finance· 2025-09-12 10:47
According to local reports citing Natural Fiber Welding (NFW)’s CEO Steve Zika, the company, which develops technologies based on the sustainable use of plants and natural fibres, including its Mirum plant-based leather which is made with natural polymers, will not be closing but is exploring all options while “winding down operations”. “While we continue to explore all options, the board has made the difficult decision to begin the orderly wind down of the company’s operations,” said Zika in a statement ...
Takeda poaches top Lilly exec; Maze soars on early PKU drug data
Yahoo Finance· 2025-09-12 10:45
This story was originally published on BioPharma Dive. To receive daily news and insights, subscribe to our free daily BioPharma Dive newsletter. Today, a brief rundown of news involving Takeda Pharmaceutical and Maze Therapeutics, as well as updates from Intercept Pharmaceuticals, Soleno Therapeutics and Avidity Biosciences that you may have missed. Takeda on Thursday said Rhonda Pacheco will become head of its U.S. business unit on Sept. 29. Pacheco has been at Eli Lilly for more than a decade and, sinc ...
Nagle Cos. expands refrigerated trucking fleet with acquisition
Yahoo Finance· 2025-09-12 10:40
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: Temperature-controlled food carrier Nagle Cos. is expanding its refrigerated trucking services with the acquisition of Kandel Transport, according to an Aug. 25 press release. Together, the combined Ohio-based operation will have 115 tractors, 200 trailers and an expected annual revenue of approximately $45 million. Kandel Transport will retain i ...