Morgan Stanley Changes Ratings on RCUS, NRIX, IOBT
Morgan Stanley updates biotech views, downgrading Arcus and IO Biotech while upgrading Nurix on stronger pipeline prospects.
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Morgan Stanley updates biotech views, downgrading Arcus and IO Biotech while upgrading Nurix on stronger pipeline prospects.
Yum! Brands may sell Pizza Hut to LongRange Capital as sales fall and stores close; deal still not finalized.
Universal Music Group rejected Bill Ackman’s $65B takeover offer, saying it undervalues the company and they plan to keep growing.
Nextpower to acquire Prevalon Energy for up to $365M, entering battery storage (BESS) and AI data center markets. Raises FY2027 revenue & EPS outlook. Shares +14%, 5 analyst upgrades.