Core Viewpoint - Brunswick was downgraded to Hold from Buy by Texas Capital Securities, with a raised price target of $90 from $84, reflecting a more fully valued stock in light of improving long-term outlook in the recreational marine industry [1] Group 1: Downgrade and Valuation - The downgrade was driven by valuation considerations rather than changes in the company's fundamentals [2] - Texas Capital's revenue and EBITDA estimates for 2026 and 2027 remain above consensus, indicating confidence in long-term recovery [2] Group 2: Future Outlook - The firm is waiting for a more attractive entry point or clearer evidence of accelerating demand before becoming more constructive on the stock [3] - The increased price target reflects a higher multiple applied to unchanged 2027 EBITDA estimates [3]

Core Viewpoint - Brunswick Corporation is set to release its fourth quarter and full year financial results for 2025 on January 29, 2026, before market opening, with full-text results available on its website and the SEC's website [1][2]. Financial Results Announcement - The financial results will be disclosed through an advisory release, with a conference call scheduled for January 29, 2026, at 10 a.m. CT / 11 a.m. ET, hosted by key executives [1][2]. - A presentation for the conference call will be available at the time of the results release [2]. Conference Call Details - The conference call can be accessed via telephone or webcast, with specific numbers provided for North American and international callers [3][4]. - A replay of the conference call will be available until February 5, 2026, through designated phone numbers and on the company's investor website [4]. Company Overview - Brunswick Corporation is a leader in marine recreation, focusing on innovation and technology-driven solutions, with a portfolio that includes over 60 brands in marine propulsion, parts, accessories, and boats [5]. - The company has approximately 14,500 employees across 26 countries and has received recognition as one of America's Best Large Employers for six consecutive years [5].

Core Viewpoint - Brunswick's shares experienced a significant increase of 10.6% to $83.65, driven by strong trading volume and positive market sentiment following an upgrade from Jefferies, which indicated improving fundamentals [1][2]. Company Performance - Brunswick is projected to report quarterly earnings of $0.60 per share, reflecting a substantial year-over-year increase of 150%. Revenue is expected to reach $1.23 billion, marking a 6.2% increase compared to the same quarter last year [3]. - However, the consensus EPS estimate for Brunswick has been revised down by 1.6% over the past 30 days, which may indicate potential challenges in sustaining price appreciation [4]. Industry Context - Brunswick operates within the Zacks Leisure and Recreation Products industry, where it holds a Zacks Rank of 3 (Hold). In comparison, Pool Corp., another company in the same industry, has a Zacks Rank of 2 (Buy) and reported a slight increase of 1.3% in its stock price [5][6].

Group 1 - Roblox, Brunswick, and Peabody Energy are highlighted as companies with bullish charts this week [1]

Core Insights - Antimony Resources Corp. (ATMY) has provided a year-end update on the Bald Hill Antimony Project, highlighting significant progress in exploration and development activities in 2025 [1] Group 1: Project Development - The Bald Hill Property was optioned in January 2025, with the first phase of drilling commencing in April and completing 3,100 meters by the end of July [2] - A NI-43-101 Technical Report indicated a potential quantity of 2,700,000 tonnes grading 3.0% to 4.0% Sb, equating to approximately 81,000 to 108,000 tonnes of contained antimony [2][12] - A second phase of drilling began in September 2025, adding an additional 5,000 meters, with assay results pending [2] Group 2: Financial and Operational Highlights - The company closed a financing round of $9.4 million in December 2025, ensuring full funding for ongoing project advancement [2] - The Bald Hill Property footprint was expanded significantly with new claims added to the south, west, and east [2] Group 3: Future Plans and Expectations - Drilling is set to resume with a fully funded budget for an additional 10,000 meters, alongside updated 3D modeling and preliminary metallurgical results [5] - The company aims to advance the Bald Hill Project through de-risking activities and is preparing for a Preliminary Economic Assessment (PEA) [6] - Continuous fieldwork, including soil sampling and trenching, is planned to further investigate the expanded property [5]

Core Insights - Brunswick Corporation (BC) showcased its most extensive marine innovation display at CES, emphasizing its ACES strategy, which stands for Autonomous/Assisted, Connected, Electrified, and Shared [2] Group 1: ACES Strategy - The ACES strategy represents Brunswick's commitment to advancing marine technology through innovation in autonomy, connectivity, electrification, and shared services [2] Group 2: Product Launches - The exhibit included several global debuts, notably the Simrad AutoCaptain, which highlights Brunswick's focus on integrating advanced technology into marine products [2]

Core Insights - Brunswick Corporation showcases its most comprehensive display of marine innovation at CES 2026, emphasizing its ACES strategy (Autonomous/Assisted, Connected, Electrified, Shared) as a commercial reality [1][4] Group 1: Product Launches and Innovations - The highlight of Brunswick's exhibit includes the global debut of the Simrad® AutoCaptain™ autonomous boating system on the new Sea Ray SLX and NAVAN C30 boats [2] - The FLITE RACE high-performance eFoil, developed in collaboration with Mercury Racing, is introduced, setting a new standard in water sports performance with speeds up to 34 mph [3][6] - The Lund Crossover XS, featuring advanced technology from Lowrance and Mercury Marine, is presented as a connected fishing platform with an AI co-pilot for enhanced boating experiences [7] Group 2: Technology Integration - Brunswick's exhibit features AI-driven simulators that replicate real-world boating experiences, showcasing how AI transforms the boating industry [5] - The new Sea Ray SLX model incorporates AI-enabled insights for navigation and interaction, featuring automotive-inspired controls and deep connectivity with Mercury Marine propulsion [5][8] - The NAVAN C30 boat emphasizes accessibility and includes integrated solar panels for powering onboard electronics [8] Group 3: Industry Leadership and Vision - Brunswick's CEO, Dave Foulkes, highlights the company's commitment to showcasing transformative innovation in marine technology, emphasizing the role of AI in enhancing user experiences [4] - The company will also participate in CES Foundry, hosting a panel discussion on the impact of AI on the boating experience [9]

Core Viewpoint - Nine Mile Metals Ltd. has announced positive Certified Assay results for volcanogenic massive sulphide (VMS) mineralization from the Wedge VMS Project in New Brunswick, Canada, indicating high-grade copper mineralization [1][3]. Assay Results - The assay results from various samples show significant copper (Cu) grades, with sample 280462 reporting 15.37% Cu Equivalent (Cu-Eq) and sample 280460 showing 16.64% Cu-Eq [2][15]. - Other notable samples include 280461 with 14.49% Cu-Eq and 280464 with 14.60% Cu-Eq, indicating a consistent presence of high-grade copper sulphide mineralization [3][5][11]. Mineralization Characteristics - The mineralization is characterized as massive and fine-grained, primarily consisting of chalcopyrite and covellite, which adds a high-grade component to the system [3][13]. - The samples were collected from a well-known area near historical mining landmarks, suggesting a promising exploration potential [3][13]. Company Overview - Nine Mile Metals Ltd. is focused on VMS exploration in the Bathurst Mining Camp, with a strategic emphasis on minerals essential for technology and green energy, including copper, silver, lead, and zinc [16]. - The company aims to leverage the growing demand for these metals, particularly in the context of electric vehicles and green technologies [16].

Upgrades - CFRA upgraded Pool Corp. (POOL) to Buy from Hold with a price target of $304 [2] - Piper Sandler upgraded SEI Investments (SEIC) to Overweight from Neutral with a price target of $102, increased from $93, citing SEI as a "clear beneficiary" of the expanding alternatives landscape [2] - TD Cowen upgraded Ametek (AME) to Buy from Hold with a price target of $230, up from $180, noting that backlog remains near highs and is expected to grow [3] Downgrades - TD Cowen downgraded Janus Henderson (JHG) to Hold from Buy with a price target of $49 after the company agreed to be acquired for $7.4 billion or $49.00 per share [4] - Piper Sandler downgraded Clearwater Analytics (CWAN) to Neutral from Overweight with a price target of $24.55, down from $27, following its agreement to be acquired for $24.55 per share in cash [4] - BMO Capital downgraded Brown & Brown (BRO) to Market Perform from Outperform with a price target of $88, down from $90, due to lower consensus organic growth estimates for 2026 [5] - Evercore ISI downgraded Coty (COTY) to In Line from Outperform with a price target of $7, citing a lack of visibility on timing and catalysts for potential value unlock [6] Initiations - Oppenheimer initiated coverage of Spruce Biosciences (SPRB) with an Outperform rating and a price target of $283, supported by FDA confirmation of compelling clinical biomarker data [7] - LifeSci Capital initiated coverage of Sionna Therapeutics (SION) with an Outperform rating and a price target of $60, highlighting multiple quality shots on goal with its therapies [7] - Oppenheimer initiated coverage of Aardvark Therapeutics (AARD) with an Outperform rating and a price target of $35, noting the company's differentiated obesity franchise [7] - JonesResearch initiated coverage of Septerna (SEPN) with a Buy rating and a price target of $43, forecasting $2.5 billion in unadjusted U.S. peak sales in 2035 [7] - Loop Capital initiated coverage of Malibu Boats (MBUU) with a Buy rating and a price target of $34, indicating the marine industry is in the late stages of inventory rationalization [7]

Core Insights - Cadillac Ventures Inc. has sold an initial 29.58% interest in the Burnt Hill Tungsten Project to Nexcel Metals Corp. for a total consideration of $170,000 in cash and $330,000 in common shares, resulting in the issuance of 355,775 shares at a deemed price of $0.78 per share [1][2]. Group 1: Transaction Details - The Optionee can earn an additional 28.42% interest in the Property, bringing the total potential interest to 58%, by paying $250,000 in cash and issuing $600,000 in common shares to Cadillac [2]. - A joint venture will be established among Cadillac, the Optionee, and the Minority Owner once the Optionee earns at least a 51% interest in the Property [2]. Group 2: Share Issuance and Restrictions - The 355,775 common shares issued to Cadillac are subject to a hold period that expires on April 9, 2026, with additional voluntary resale restrictions on 15% of the shares until specified dates in 2026, 2027, and 2028 [3]. - 10% of the common shares issued will not be restricted but are subject to the statutory hold period [3]. Group 3: Regulatory Approval - The agreement is contingent upon approval from the TSX Venture Exchange [4].