JPMorgan Upgrades Baidu: Cloud and AI to Drive Growth
JPMorgan upgrades Baidu to Overweight, citing strong growth potential in cloud and AI, with a new price target of $188.
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US Foods Ends Merger Talks with Performance Food Group, Announces $1.25B in Share Buybacks
US Foods terminates potential merger with Performance Food Group, reaffirms growth targets, and unveils $250M accelerated share repurchase plus new $1B buyback authorization.
Green Dot Splits into Two Companies in $690M Deal
Green Dot announces separation of fintech and banking operations through deals with Smith Ventures and CommerceOne Financial, valued up to $1.1 billion.
Wedbush Upgrades Carvana to Outperform as Shares Pull Back
Wedbush upgrades Carvana to Outperform with a new $400 price target, saying the recent pullback is overdone and offers a strong risk/reward opportunity.
BofA Upgrades Booking Holdings to Buy: AI Fears Create Opportunity
BofA upgrades Booking Holdings to Buy with a $6,000 target, saying AI-related concerns are overblown and the recent selloff offers a buying opportunity.
BMO Capital Upgrades MP Materials: Attractive Entry Point Despite Rare Earth Pullback
BMO Capital upgrades MP Materials to Outperform, citing strategic importance and an appealing valuation despite lower rare earth prices.