Oppenheimer Downgrades T-Mobile Amid Slower Growth
Oppenheimer cuts T-Mobile to Perform, citing slowing subscriber growth, intense competition, and pressure on free cash flow after years of strong gains.
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Oppenheimer Rates IBM “Outperform” with $360 Target
Oppenheimer initiates coverage of IBM with an Outperform rating, citing strong software growth, consulting recovery, and AI opportunities as key drivers.
Enviri Soars 35% on $3B Clean Earth Sale to Veolia
Enviri stock jumps 35% after announcing $3 billion Clean Earth sale to Veolia and spin-off of Harsco Environmental and Rail businesses into new company.
Bath & Body Works Faces Multiple Downgrades After Weak Earnings
Bath & Body Works stock drops after a major earnings miss, strategy setbacks, and multiple analyst downgrades from Morgan Stanley, Goldman Sachs, and JPMorgan.
Raymond James Upgrades Doximity to Strong Buy After Earnings Pullback
Raymond James upgrades Doximity to Strong Buy with a $65 target, citing an attractive risk/reward setup and improved long-term growth visibility despite a recent pullback.
Elastic Stock Plunges Despite Strong Q2 Earnings Beat
Elastic N.V. shares dropped 12% despite beating earnings expectations with $0.64 EPS and raising full-year guidance, as investors focus on widening losses.