Two Major Firms Initiate Bullish Coverage on Fermi Stock
Stifel and Rothschild initiate Buy ratings on Fermi with $29-$31 price targets, citing unique power solutions for AI data centers and attractive growth potential.
Stifel and Rothschild initiate Buy ratings on Fermi with $29-$31 price targets, citing unique power solutions for AI data centers and attractive growth potential.
Morgan Stanley downgrades Harley-Davidson to Underweight with $25 price target, citing weak pricing power and challenging industry trends that overshadow recovery hopes.
Trump signs trade agreements with Malaysia, Thailand, Vietnam, and Cambodia to reduce tariffs, diversify rare earth supplies, and address trade imbalances as China tightens export controls.
Newmont Corp explores deal to acquire Barrick's Nevada gold assets. Early-stage talks consider multiple transaction structures including full takeover and selective divestitures.
Florida drone company Unusual Machines, with Trump Jr's $4M stake, secures largest Pentagon contract for 3,500 motors amid US military drone expansion.
Despite beating revenue estimates in Q3 with $70 million and a favorable arbitration ruling, Beyond Meat shares fell. Analysts remain cautious due to weak fundamentals and sector headwinds.