B. Riley lowered the firm’s price target on PDS Biotechnology (PDSB) to $3 from $5 and keeps a Buy rating on the shares. The shares remain attractively valued with near-zero EV that fails to reflect impact of this recent strategic pivot on enrollment size, efficacy endpoint durations and an enriched p16+ve population with limited competing trials, the analyst tells investors in a research note. TipRanks Black Friday Sale Claim 60% off TipRanks Premium for the data-backed insights and research tools you ...

BofA lowered the firm’s price target on MP Materials (MP) to $94 from $112 and keeps a Buy rating on the shares. The firm is refreshing its price forecasts for North American Metals & Mining stocks under its coverage, the analyst tells investors. The firm sees the macro backdrop as challenging due to China’s slowing commodity demand but notes this may be offset by a rebound in demand in U.S. and Europe. TipRanks Black Friday Sale Claim 60% off TipRanks Premium for the data-backed insights and research t ...

Core Viewpoint - Cantor Fitzgerald analyst Colin Canfield has lowered the price target for Airo Group (AIRO) from $35 to $20 while maintaining an Overweight rating on the shares, indicating a belief in the company's long-term potential despite recent performance issues [1] Group 1: Financial Performance - Airo Group reported a "disappointing" Q3, which has led to a reset in expectations for the company's stock performance [1] - The magnitude of the earnings miss has placed the stock in a "show me" period, suggesting that investors will be looking for clear signs of recovery and value creation in the near future [1] Group 2: Market Position - Airo Group is recognized as a critical drone supplier for both the EU and U.S. markets, indicating its strategic importance in the industry [1]

RBC Capital analyst Brad Erickson lowered the firm’s price target on Wix.com (WIX) to $190 from $210 and keeps an Outperform rating on the shares. The company’s Q3 print was challenging as Vibe coding is affecting margins more than expected at least starting out, while the top-line numbers don’t totally paint a picture of it being incremental, the analyst tells investors in a research note. Among the challenges, the management also commented that Base44 was a meaningful contributor within Creative Subscript ...

Morgan Stanley analyst David Arcaro raised the firm’s price target on Spire (SR) to $99 from $91 and keeps an Equal Weight rating on the shares after the company updated its financial plan with Q4 results. The re-basing of long-term EPS growth implies an 11% increase in earnings power versus the previous plan, the analyst tells investors. TipRanks Black Friday Sale Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence. Subscribe to TipRanks' ...

Jefferies analyst Thomas Chong raised the firm’s price target on Sohu.com (SOHU) to $20 from $18 and keeps a Buy rating on the shares after the company reported Q3 results and gave Q4 guidance. During the associated conference call, management highlighted that Sohu continues to have innovative and unique marketing solutions to attract ad budgets amid macro uncertainties, the analyst tells investors. Meet Your ETF AI Analyst Discover how TipRanks' ETF AI Analyst can help you make smarter investment decis ...

Group 1 - Truist has lowered the price target on Blue Owl Capital (OBDC) to $16 from $17 while maintaining a Buy rating on the shares [1] - The adjustment in the price target is part of a broader research note on Business Development Companies (BDCs) [1] - The firm's model update reflects the company's Q3 results and revised guidance, leading to a reduction in FY25 net interest income per share view by $0.06 to $1.52 [1] Group 2 - The decrease in net interest income per share is attributed to lower assumed interest and fee income, although this is somewhat mitigated by lower incentive fee expenses [1]

Group 1 - BMO Capital analyst Ameet Thakkar raised the price target on Targa Resources (TRGP) to $196 from $185, maintaining an Outperform rating on the shares [1] - The company's Q3 results indicate resilience to lower rig counts and oil prices, which is a positive sign for investors [1] - Expectations for FY26 double-digit volumetric growth and confidence in FY27 may enhance investor sentiment despite challenges in crude/NGL pricing [1]

Summary of Key Points Core Viewpoint - Canaccord analyst George Gianarikas has reduced the price target for Enovix (ENVX) from $22 to $21 while maintaining a Buy rating on the shares, indicating a continued positive outlook despite recent delays in anticipated financial performance [1]. Company Analysis - The recent quarter has introduced another delay in the expected "hockey stick" profit and loss (P&L) trajectory that investors have been anticipating, suggesting that the company may face ongoing challenges in achieving its financial goals [1]. - Investors are advised to remain patient as the company navigates these delays, indicating a long-term investment perspective despite short-term setbacks [1].

Group 1 - JPMorgan raised the price target on Shopify (SHOP) to $180 from $179 while maintaining an Overweight rating on the shares [1] - The increase in price target is attributed to positive estimate revisions following the earnings report [1] - Shopify's volume growth accelerated sequentially in Q3, but there was a spike in transaction losses affecting the Q4 free cash flow margin outlook [1] Group 2 - JPMorgan noted that there has not been a significant change in intra-quarter spending trends for Shopify [1] - The increase in transaction losses is described as "treatable" by the analyst [1]