Piper Sandler analyst Brent Bracelin maintained an Overweight rating on HubSpot Inc HUBS with a $570 price target. Bracelin expects HubSpot to gain market share due to its highly efficient GTM effort combined with organic product development, which results in customer satisfaction and structurally higher gross dollar retention in the high 80s. The analyst noted that … Read more
Investors now have more ways to invest in or against MicroStrategy Inc MSTR, a software company and Bitcoin BTC/USD holder that has outperformed top stocks, asset types and index funds in recent years. What Happened: REX Shares and Tuttle Capital Management launched two new ETFs Wednesday to give investors more ways to get exposure to … Read more
Thursday, Moderna Inc MRNA unveiled key updates at its annual R&D Day by reducing annual R&D spending by $1.1 billion by 2027, enabling a focus on ten prioritized products. The company expects R&D expenses to fall from $4.8 billion in 2024E to $3.6 billion—$3.8 billion in 2027. The strategy, expanding its portfolio into oncology and rare diseases, positions … Read more
Tesla Inc TSLA could have an exciting October to remember with third-quarter earnings, third-quarter deliveries and its Robotaxi Day. An analyst said investors should focus on deliveries before robotaxis. The Tesla Analyst: Canaccord Genuity analyst George Gianarikas has a Buy rating with a $254 price target on Tesla. Read Also: Tesla Patent Shows New Automotive … Read more
As of Sept. 12, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go … Read more
STOCKS CLIMBS OVER 16 POINTS AND CLOSES NEAR THE HIGH OF THE DAY TradePulse’s latest Power Inflow alert indicated institutional volume is coming into Service Now Inc., NOW, signaling a shift from net selling to buying. This shift is a key indicator of rising investor confidence and the potential for an uptrend in NOW’s stock. … Read more
Bank of America has reshuffled its sector outlooks, raising Utilities to “overweight” while downgrading Energy to “market-weight.” The changes come as elevated volatility and policy uncertainty drive a recalibration of investment strategies. According to Savita Subramanian, Bank of America’s head of U.S. equity strategy, the shifting economic and political landscape has altered the risk-reward profiles … Read more
