Pinterest Stock Jumps 8% as Activist Elliott Takes $1 Billion Stake
Barrons· 2026-03-03 13:22
Core Viewpoint - Pinterest plans to utilize the proceeds from an activist's investment to repurchase shares of its common stock [1] Group 1 - The company is taking strategic steps to enhance shareholder value through share repurchases [1]
Citizens Financial price target raised to $80 from $73 at Morgan Stanley
Yahoo Finance· 2026-03-03 13:21
Morgan Stanley raised the firm’s price target on Citizens Financial (CFG) to $80 from $73 and keeps an Overweight rating on the shares. The firm is increasing price targets by a median 8% across the midcap banks group. While noting that recent outperformance means “the bar is higher from here,” the firm remains optimistic on the group, citing tailwinds from loan growth, net interest margin and capital return. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ...
Oil prices, Target earnings, the new iPhone and more in Morning Squawk
CNBC· 2026-03-03 13:20
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Good morning. While the war in Iran continues to unfold, today also brings the first midterm primary elections in the U.S. Here are the races to watch.Stock futures are plunging this morning following a mixed session on Wall Street.Here are five key things investors need to know to start the trading day:1. Day 4A plume of smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026.Mohsen Ganji | APThe U.S ...
Viking Posts Higher Profit, Sees Strong Booking Environment
WSJ· 2026-03-03 13:20
Core Viewpoint - Viking Holdings reported an increase in profit for the fourth quarter and indicated strong bookings for 2026 [1] Financial Performance - The company experienced higher profits in the fourth quarter compared to previous periods [1] Future Outlook - Viking Holdings is seeing robust bookings for the year 2026, suggesting positive growth prospects [1]
Is MPLX Stock Going to $100?
Yahoo Finance· 2026-03-03 13:20
Units of MPLX (NYSE: MPLX) have soared more than 20% since bottoming out last fall, rising from below $50 to around $60. Several factors have helped fuel the surge in the master limited partnership's (MLP) unit price, including higher oil prices and its expansion initiatives. Here's a look at whether the MLP has the fuel to reach $100. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical tec ...
Customers Bancorp price target raised to $92 from $90 at Morgan Stanley
Yahoo Finance· 2026-03-03 13:19
Core Viewpoint - Morgan Stanley has raised the price target for Customers Bancorp (CUBI) to $92 from $90 while maintaining an Equal Weight rating on the shares, indicating a positive outlook for the company despite recent outperformance [1] Group 1: Price Target and Rating - The price target for Customers Bancorp (CUBI) has been increased to $92 from $90 [1] - Morgan Stanley maintains an Equal Weight rating on the shares of Customers Bancorp [1] Group 2: Industry Outlook - The firm is increasing price targets by a median of 8% across the midcap banks group [1] - Optimism remains for the midcap banks group, driven by factors such as loan growth, net interest margin, and capital return [1]
East West Bancorp price target raised to $141 from $126 at Morgan Stanley
Yahoo Finance· 2026-03-03 13:19
Group 1 - Morgan Stanley raised the price target on East West Bancorp (EWBC) to $141 from $126, maintaining an Equal Weight rating on the shares [1] - The firm is increasing price targets by a median of 8% across the midcap banks group [1] - The firm remains optimistic on the group, citing tailwinds from loan growth, net interest margin, and capital return [1]
Pinterest shares pop 8% as activist Elliott Management takes $1 billion stake
CNBC· 2026-03-03 13:19
Bill Ready, CEO, Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2025.Pinterest's stock jumped 8% after Elliott Investment Management made a $1 billion investment in the social media company.The company said it plans to use the investment to buy back stock as part of a $3.5 billion share repurchase program approved by the board."Elliott's investment is a strong vote of confidence in the work we have done to build our busine ...
Fifth Third price target raised to $67 from $60 at Morgan Stanley
Yahoo Finance· 2026-03-03 13:18
Morgan Stanley analyst Manan Gosalia raised the firm’s price target on Fifth Third (FITB) to $67 from $60 and keeps an Overweight rating on the shares. The firm is increasing price targets by a median 8% across the midcap banks group. While noting that recent outperformance means “the bar is higher from here,” the firm remains optimistic on the group, citing tailwinds from loan growth, net interest margin and capital return. Published first on TheFly – the ultimate source for real-time, market-moving bre ...
Expedia announces new partnership with PredictHQ
Yahoo Finance· 2026-03-03 13:18
Expedia (EXPE) Group announced a new partnership with PredictHQ. The company said the integration gives lodging partners a clearer view of rising travel demand by combining PredictHQ’s forward-looking demand forecasts with Expedia Group’s rich traveler insights, empowering them to identify, anticipate, and act on demand shifts with greater confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Re ...