Seaport Research Turns Bullish on Oklo with $150 Target
Seaport Research upgrades Oklo to Buy with a $150 price target, citing strong Q3 updates and projected 2032 EBITDA of $1.59B.
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Morgan Stanley Turns Cautious on Rivian Amid Prolonged EV “Winter”
Morgan Stanley downgrades Rivian to Underweight, keeping a $12 price target. The firm expects the EV slowdown to continue through 2026 while showing more confidence in traditional engines and hybrids.
Morgan Stanley Lowers Tesla Rating Despite Long-Term Optimism
Morgan Stanley downgrades Tesla to Equal Weight, citing high valuation and cautious EV outlook, even as it sees long-term leadership in autonomy, energy, and robotics.
Anheuser-Busch Buys Majority Stake in BeatBox RTD Brand
Anheuser-Busch acquires 85% of BeatBox, a fast-growing ready-to-drink beverage brand, for up to $490M to expand its Beyond Beer portfolio with bold Party Punch flavors.
Needham Initiates Buy on Centrus Energy with $357 Price Target
Needham starts coverage of Centrus Energy with a Buy rating, highlighting its role in U.S. nuclear fuel security and strong growth potential.
Parsons Stock Drops After Losing Air-Traffic Control Contract
Parsons (PSN) shares fell after losing the $12.5B air-traffic control modernization contract to Peraton, disappointing investors who expected the company to win.