Key TakeawaysJefferies has lowered its price target for Paycom Software Inc. (PAYC) to $225 from $250, reflecting a revised outlook for the payroll software provider.The firm also initiated a Buy rating for TransMedics Group Inc. (TMDX), setting a price target of $145, indicating confidence in the organ transplant technology company.The Indian Rupee opened weaker at 88.75 against the US Dollar, compared to its previous close of 88.68, continuing a trend of depreciation influenced by foreign fund outflows an ...

Group 1 - Evercore ISI analyst Elizabeth Anderson raised the price target on Charles River (CRL) to $200 from $190, maintaining an Outperform rating on the shares [1] - The firm's survey indicates a positive outlook for preclinical CROs, with rising budgets and declining cancellations [1] - There is stable demand for discovery and toxicology services projected into 2025 and 2026 [1]

Group 1 - Evercore ISI raised the price target on Labcorp (LH) to $305 from $300 while maintaining an Outperform rating on the shares [1] - The firm's survey indicates a positive outlook for preclinical CROs, with rising budgets and declining cancellations [1] - There is stable demand for discovery and toxicology services projected into 2025 and 2026 [1]

Piper Sandler analyst Paul Newsome lowered the firm’s price target on Arthur J. Gallagher (AJG) to $340 from $352 and keeps an Overweight rating on the shares. The firm is adjusting the mechanics of its model that was double-counting acquisition earnout payables in the brokerage segment. Piper is also adjusting the mechanics of its assumptions for the acquisition of Woodruff Sawyer. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced ...

Piper Sandler lowered the firm’s price target on Bowhead Specialty (BOW) to $33 from $38 and keeps an Overweight rating on the shares. The firm is also lowering its GWP growth estimates in the back half of 2025 as Piper thinks growth was more heavily weighted in the first half of the year. Softening market conditions will likely make it harder to achieve growth as high as it was in the first half of the year. The firm is also expecting loss ratios to look more similar to the first half of the year. Elevat ...

RBC Capital lowered the firm’s price target on Freeport-McMoRan (FCX) to $48 from $54 and keeps a Sector Perform rating on the shares. The firm is reducing its FY25 EPS view to $1.24 from $1.52 and its FY26 view to $1.38 from $2.02 following updated guidance from Freeport last week the company provided an update on the Grasberg incident. A lot of the downside risk could be reflected in the shares currently, but there is still uncertainty around the path forward at the site, the analyst tells investors in a ...

Group 1 - Evercore ISI analyst John Pancari raised the price target on First Horizon (FHN) to $26 from $25, maintaining an Outperform rating on the shares [1] - Regional bank and specialty finance trends are reported to be solid for Q3, indicating positive market conditions [1] - Full momentum in earnings for First Horizon might not be realized until early 2026, suggesting a longer-term outlook for growth [1]

BofA raised the firm’s price target on Hasbro (HAS) to $100 from $95 and keeps a Buy rating on the shares after having hosted an investor field trip to Atlanta MagicCon including meetings with CEO Chris Cocks and other executives. Following the meetings, the firm believes Magic can comp a very strong 2025 given the strength of its 2026 set schedule and believes Hasbro has a robust video game pipeline, the analyst tells investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% ...

Group 1 - Benchmark analyst Matthew Harrigan raised the price target on Live Nation (LYV) to $190 from $180 while maintaining a Buy rating on the shares [1] - The firm is deferring realization into 2026 for its increased target due to ongoing regulatory concerns, specifically mentioning the "Washington regulatory cloud" [1] - Further FTC action is anticipated this month through a lawsuit, which may impact the company's outlook [1]

Group 1 - Raymond James has lowered the price target on Range Resources (RRC) to $41 from $45 while maintaining an Outperform rating on the shares [1] - The firm anticipates greater upside potential for Range Resources if its strong gas outlook materializes over the next few years [1]