The Colorado Legislature has concluded its session with accomplishments that lawmakers have deemed “nothing short of transformational.” Governor Jared Polis praised the magnitude of achievements made during this session, emphasizing that it has been the most significant since he took office in 2019. The session included the passing of a fiscal 2025 budget, school funding
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In a recent analyst call, Jefferies upgraded Boston Beer, the owner of Samuel Adams and Truly hard seltzer, to a buy rating. Analyst Kaumil Gajrawala cited potential multiple expansion opportunities for the company. Gajrawala highlighted the growth potential in flavored malt beverages and ready-to-drink cocktails, predicting a 4% to 5% increase in sales. One particular
Novavax, a struggling vaccine maker, experienced a significant boost in its stock prices following a new multibillion-dollar deal with French drugmaker Sanofi. The announcement of the licensing agreement resulted in Novavax’s shares nearly doubling, as Wall Street celebrated the partnership that allowed the company to remove its “going concern” warning. Key Details of the Agreement
As the value of homes continues to rise, more and more Americans are finding themselves facing capital gains taxes when selling their property. The Section 121 exclusion provides a shield of up to $250,000 for single filers and $500,000 for married couples filing jointly. However, recent data indicates that a growing number of home sales
The Municipal Securities Rulemaking Board (MSRB) has recently sought approval from the Securities and Exchange Commission (SEC) to amend Rule G-27 on supervision to adapt to the remote work environment that has become increasingly prevalent in the financial industry. This move comes as a response to the shifting landscape that dealers have been navigating for
Investors looking for long-term investment opportunities may find value in restaurant chain Domino’s Pizza. After a strong first quarter performance, Deutsche Bank analyst Lauren Silberman reiterated a buy rating on DPZ stock with a price target increase to $580. Silberman highlighted the company’s increased visibility in same-store sales growth, citing a 5.6% growth in U.S.
Home Depot is scheduled to report their quarterly earnings before the bell. Last quarter, the company exceeded expectations despite a trend towards smaller home improvement projects. However, this quarter, forecasts indicate a more than 5% decrease in earnings compared to the same period last year. Analysts are keeping an eye on Home Depot’s performance, especially
The restaurant industry has been facing challenges in recent times, with sales slumping and traffic declining as a result of a broader consumer slowdown. However, there are some notable exceptions to this trend, with certain fast-casual chains like Chipotle Mexican Grill, Wingstop, and Sweetgreen reporting strong sales this quarter. Interestingly, these chains are benefitting from
Mizuho Securities recently upgraded Squarespace, emphasizing the overlooked growth opportunities that the company possesses. The analyst at Mizuho Securities, Siti Panigrahi, believes that Squarespace has the potential to exceed Wall Street growth estimates significantly. The upgraded rating from neutral to buy, along with the increased price target to $50 per share from $34, indicates a
CARV, a leading modular data layer for gaming and AI, has recently announced an industry-first Node Buyback Program for its upcoming Verifier Node Sales. This innovative program allows node purchasers to opt in for a buyback of up to 100% from CARV’s treasury post-token launch, aiming to protect participants and encourage global contributions to CARV’s