Dogecoin A ‘Victim Of Pump And Dump Scheme’ By Elon Musk, Says Analyst
Dogecoin (DOGE) was termed a “bad boy of crypto” by Ric Edelman, founder of Edelman Financial Engines in an interview with Yahoo Finance on Monday.
Lordstown Motors Analyst On CEO Departure: ‘Interim C-Suite Team Appears To Be An Upgrade’
Lordstown Motors Corp (NASDAQ: RIDE) shares dropped another 16.2% on Monday after the company announced its CEO and CFO are resigning from their positions effective immediately.
Qualcomm CEO-Elect Cristiano Amon Speaks At BofA Securities Event: Why Is An Analyst Bullish?
An analyst at BofA Securities came away bullish from a virtual event it hosted for QUALCOMM Inc. (NASDAQ: QCOM).
How Should The US Tax Cannabis And Approach Tax Reform? Expert Gives 3 Approaches
Ulrik Boesen, a Senior Policy Analyst at the Tax Foundation, recently joined Bank of America for an investor call about U.S. cannabis tax policy.
Boesen said tax policies toward cannabis in the U.S. today need a lot of improvement, but regulators also have to be careful to avoid negative consequences.
Why This Analyst Just Raised US EV Penetration Forecast To 7% By 2025, 20% By 2030
Electric vehicle stocks have been all the rage on Wall Street in the past couple of years.
On Monday, Bank of America auto analyst John Murphy updated his long-term EV penetration forecast for the U.S. market. He now sees EV penetration happening much more rapidly than he previously expected.
Goldman Sachs Cuts Ferrari As It Increases Capex To Race Ahead
Ferrari NV (NYSE: RACE) will need to make higher capital expenditure earlier than expected for its transition to future technologies, according to Goldman Sachs.
Raymond James Upgrades Chipotle Mexican Grill After Menu Price Hike
Chipotle Mexican Grill, Inc’s (NYSE: CMG) recent menu price hikes are likely “to stick,” lending significant upside to the consensus expectations for the back half of the year, according to Raymond James.
Cantor Remains Neutral On Aleafia Health, Lowers Price Target On Sectoral Derating, Sees Value
Canadian cannabis company Aleafia Health (OTCQF: ALEAF) recently disclosed its first-quarter financial results with net revenue of CA$7.06 milli
Chewy Stock Pulls Back After Q1 Earnings: What Do Analysts Think?
Chewy Inc (NYSE: CHWY) shares traded lower by 5.4% Friday after the company reported better-than-expected first-quarter earnings and revenue on Thursday afternoon.