Delta Air Lines management to meet with Jefferies
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Jefferies Raises Price Target for Cargo Therapeutics (CRGX), Keeps Hold Rating
CARGO Therapeutics, Inc. (NASDAQ:CRGX) is one of the 11 Best New Penny Stocks to Buy Right Now. On July 8, Jefferies raised its price target for CARGO Therapeutics, Inc. (NASDAQ:CRGX) from $3.70 to $5.00 while keeping a 'Hold' rating. This decision came after the company announced that it has entered into a definitive merger agreement to be acquired by Concentra Biosciences, LLC. A surgeon wearing a medical mask, examining a cancer patient in a surgical facility. Concentra Biosciences, LLC will acquire CARGO Therapeutics, Inc. (NASDAQ:CRGX) for $4.379 in cash per share. The transaction is expected to close in August 2025. Jefferies projects that the total value for shareholders could reach up to $5 per share at closing, based on projected cash burn and potential asset sale proceeds. CARGO Therapeutics, Inc. (NASDAQ:CRGX) is a biotechnology company focused on the development of CAR T-cell therapies for cancer patients. While we acknowledge the potential of CRGX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
7 hours ago
- Business Insider
Ford Stock (NYSE:F) Slides, the 2026 Mustang Avoids Price Hikes
Shareholders proved oddly unhappy about a bit of news from legacy automaker Ford (F). This should have been welcome, but somehow, was not. The 2026 Mustang will be avoiding any big price hikes, which should keep it more accessible to drivers. Shareholders must have felt it a missed opportunity for revenue, as they sent shares sliding down nearly 1.5% in Monday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Not only will the 2026 Mustang avoid any big price hikes, reports noted, but there will be very little in the way of price increase at all. Most 2026 Mustang configurations will have the same prices that they had in 2025. Though this will not be the case for all versions; in fact, the reports noted that the 2025 versions could actually be around $2,500 cheaper than the 2026 models based on the application of certain incentives. In fact, the base model 2026 Mustang will cost just $400 more than the 2025 version. Further, the base model is the only model of Mustang that sees an actual price hike. In fact, the 2026 Mustang EcoBoost Premium is actually $1,200 lower than it was in 2025. But there is one key difference: Ford apparently decided to make up the price difference on options. The 2026 Mustang no longer includes, as a standard, a Magnesium Framed Curved Glass Display. That is now an option for an extra $1,000. The Ranger Splash? We also know that Ford's 'No Boring Cars' campaign is still alive and well. But there may be one point that Ford is overlooking in pursuit of this, one report noted. Ford's dedication to removing the boring car could be extended to include trucks, and a previously-canceled line could be due for a comeback: the Ranger Splash. The report suggested that it was time for something comparatively new in trucks, not just '…another towering double-cab monstrosity.' Indeed, the report called for 'something fun,' like the Ranger Splash, regarded by some as '…Ford's forgotten party truck.' Original marketing for the Ranger Splash noted its target market: '…a typical Splash buyer will be young, single, with an on-the-go lifestyle.' Sounds just like what No Boring Cars Ford needs right now. The Splash did get a comeback of sorts in 2022, however, though more as a color scheme than as an actual vehicle. Is Ford Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Hold consensus rating on F stock based on two Buys, 12 Holds and three Sells assigned in the past three months, as indicated by the graphic below. After a 4.18% rally in its share price over the past year, the average F price target of $10.14 per share implies 10.23% downside risk.
Business Insider
7 hours ago
- Business Insider
Disney Stock (DIS) Slips Despite The Fantastic Four: First Steps' Box Office Win
Disney (DIS) has scored another box office win with the opening weekend of The Fantastic Four: First Steps. The latest film in the Marvel Cinematic Universe (MCU) pulled in an estimated $118 million from the domestic box office and $220 million worldwide. This has the film on track to surpass its $300 million budget. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The Fantastic Four: First Steps ' box office performance matched analysts' estimates, but fell short of a projected $130 million best-case scenario. Even so, this is the best-performing Marvel film of 2025 and is also the highest-grossing non-sequel Marvel movie released in the last six years. These strong box office numbers could be a sign that superhero fatigue has started to weaken. One potential reason for the film's strong success is its lack of ties to the main Marvel film universe. As a result, viewers didn't have to watch any other shows or movies to understand the events of The Fantastic Four: First Steps. Disney Stock Movement Today Disney stock was down 1.03% on Monday, despite the box office success of The Fantastic Four: First Steps. However, the shares were still up 8.42% year-to-date and 31.83% over the past 12 months. DIS stock has been boosted by strong box office releases in 2025: While these have been strong successes, Disney has had some flops this year. Among them are Snow White and Pixar's Elio, both of which failed to recoup their budgets when they hit theaters. Is Disney Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Disney is Strong Buy, based on 16 Buy and three Hold ratings over the past three months. With that comes an average DIS stock price target of $134, representing a potential 11.71% upside for the shares.
