Jefferies and BofA Upgrade Fervo Energy to Buy After Sharp Post-IPO Decline
Jefferies set $34 target, BofA $36. Strong drilling results improve risk-reward after 40% post-IPO drop.
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#Analyst Up/Down↓
Canadian Wildfire Smoke Creates Short-Term Drag on Theme Park Attendance, Citi Says
Six Flags Great America and other Midwest parks see early closures and lower turnout.
Seaport Downgrades Sonic Automotive to Neutral on Valuation Concerns
The firm remains constructive on the auto retail sector.
AST SpaceMobile Gets B. Riley Buy Upgrade as $1B Convertible Deal Funds Satellite Expansion
B. Riley sees upside after a 44% drop and continues to back AST SpaceMobile’s satellite broadband growth plans.
U.S. Army Nears Major Contract with AeroVironment for New High-Energy Laser System
Raymond James upgrades AVAV to Outperform with $210 target.
Wall Street Turns Bullish on NextPower: Guggenheim and Truist Issue Buy Ratings
Analysts highlight the company’s strategic shift to full-service energy solutions amid attractive valuation.