Magna upgraded by RBC on improving macro trends, EV recovery optimism
Investing.com — Magna International Inc (TSX:MG) got an upgrade to “Outperform” from “Sector Perform” at RBC Capital Markets given an improved U.S. macroeconomic conditions, better dealer inventories, and a likely rebound in electric vehicle demand in 2025. RBC
AT&T strikes $850 million property deal with Reign Capital
Investing.com — AT&T (NYSE:T) on Friday announced a sale-leaseback agreement with Reign Capital, a private developer. The deal, which involves 74 of AT&T’s less utilized properties across the U.S., will generate $850 million in cash for the telecommunications company. The Dallas-based
Netflix raised at Bernstein, ‘still not late to the party’
Investing.com — Bernstein analysts upgraded Netflix (NASDAQ:NFLX) to Outperform from Market-Perform, raising the price target to $1,200 from $975, citing sustained subscriber growth and improving margins. Despite its recent rally, Bernstein insists, “it is expensive only if you believe in consensus EPS
CF Industries stock falls on analyst downgrades
Investing.com — Shares of CF Industries (NYSE:CF) dropped 4% after receiving downgrades from JPMorgan and Scotiabank (TSX:BNS), signaling a bearish outlook from analysts on the company’s future performance. JPMorgan’s Jeffrey Zekauskas changed the firm’s stance on CF Industries from
Laser Photonics shares rise following new orders
Investing.com — Shares of Laser Photonics Corporation (NASDAQ: LASE) climbed 3% after the company’s subsidiary, Control Micro Systems (CMS), announced receiving follow-on orders from clients in the pharmaceutical and electronics manufacturing sectors. The orders, which include a UV Laser Drilling System