Celsius Named Needham’s Top Stock Pick for 2026
Needham names Celsius as a 2026 Top Pick, citing strong energy drink demand, expanded distribution, and a $70 price target.
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Target Under Pressure: Activist Investor Steps In After Major Sales Decline
US retail giant Target faces activist investor pressure from Toms Capital as shares drop 64% from pandemic highs amid 12 consecutive quarters of weak sales growth.
Roth Capital Downgrades Costco to Sell Amid Slowing Metrics
Roth Capital cuts Costco to Sell, citing slower membership growth, declining traffic, and rising competition from Sam’s Club and BJ’s Wholesale.
JPMorgan Turns Bullish on PepsiCo with New Growth Outlook
JPMorgan upgrades PepsiCo to Overweight with a $164 price target, citing innovation, stronger marketing, productivity improvements, and an improving outlook for snacks and pricing in 2026.
Campbell's Stock Plunges Despite Sales Beat as Tariffs Squeeze Margins
Campbell's (CPB) shares fell 6% to near 16-year lows despite beating estimates. Q1 sales dropped 3% to $2.68B as tariffs, inflation hit margins. Full-year guidance maintained.
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.