Infleqtion Secures Three Major DOE Projects Under Genesis Mission
Craig-Hallum initiates coverage on Infleqtion with a Buy rating and $19 price target.
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Citi Upgrades Three Energy Storage Stocks as AI Data Center Demand Surges
Citi upgrades Fluence Energy (FLNC), Energy Vault (NRGV), and Canadian Solar (CSIQ) as AI data centers drive massive energy storage demand ahead of Q2 earnings.
Morgan Stanley Downgrades Tech Stocks as AI Payoff Doubts Mount
Morgan Stanley downgraded Salesforce, Workday, Intuit, SPS Commerce, Rapid7, PagerDuty, Wix, Vertex, and Nice, citing slow AI revenue growth and legacy business weakness. Price targets cut sharply.
Morgan Stanley Downgrades Adobe to Underweight, Slashes Price Target to $240 Amid AI and Execution Concerns
Morgan Stanley warns about the impact of generative AI, Adobe’s freemium strategy, and ongoing leadership transitions.
Planet Fitness Exits Australian Stake as Franchise Equity Partners Buys Bravo Fit
Wells Fargo sees recovery potential from Planet Fitness’ turnaround efforts and weight-loss drug trends as Q2 earnings approach.
Seaport Downgrades Birkenstock to Neutral on Weak Q2 Retail Demand
Seaport downgraded Birkenstock as weaker Q2 sales, fewer store orders, and economic pressures may hurt near-term growth.