BofA Updates Price Targets for Rocket Lab and Intuitive Machines
BofA raises Rocket Lab’s price target to $60, keeps Buy rating; lifts Intuitive Machines target to $9.50 but keeps Underperform.
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Dycom Makes Major $1.95B Data Center Bet After Record Quarter
Dycom Industries announced it will acquire Power Solutions, a premier electrical contractor for data centers, for $1.95 billion, following record revenue and profit in its third fiscal quarter of 2026.
Truist Downgrades GitLab Amid Rising Competitive and Execution Risks
Truist cuts GitLab rating to Hold and lowers its price target, citing low visibility, execution risks, and competitive pressure from GitHub’s lower-priced enterprise tier.
Mizuho Downgrades Canadian Solar After Sharp Rally
Mizuho double downgraded Canadian Solar to Underperform, citing an overdone rally and uncertainty around U.S. factory and compliance issues.
Target Adjusts Outlook as Turnaround Efforts Continue
Target trimmed its 2025 profit outlook due to cautious shoppers and soft demand. Incoming CEO Michael Fiddelke plans a $5 billion investment next year to fuel growth.
Lowe's Q3: Online Sales Surge Offsets Home Improvement Slowdown
Lowe's (LOW) Q3 2025 earnings show 0.4% comparable sales growth driven by 11% online gains. Company raises full-year sales outlook to $86B despite market headwinds.