Markets and investing
Needham Reaffirms Buy Rating on eBay, Keeps $140 Price Target
The firm cited management’s confidence in next year’s growth and opportunities in eBay Live and Depop after meeting with company executives.
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Markets and investing
Texas Capital Securities Reiterates Buy Rating on Archrock
The firm maintained its $41 price target, citing a quarterly adjusted EBITDA beat and stronger bookings, while flagging weaker-than-expected fourth-quarter guidance and AMS results.
Markets and investing
Texas Capital Keeps Viper Energy Price Target at $53
Texas Capital Securities maintained its Buy rating and $53 price target for Viper Energy, citing production and adjusted EBITDA results that exceeded expectations.
Markets and investing
Lula’s Election Win Deepens Gloom in Brazil’s Farm Sector
Brazilian agriculture is facing record defaults, and Lula’s victory has added to concerns among growers already squeezed by rising input costs and high interest rates.