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Globus Medical (GMED) Stock Trades Up, Here Is Why
Shares of medical device company Globus Medical (NYSE:GMED) jumped 2.6% in the afternoon session after RBC Capital raised its price target on the stock to $100 from $92, while keeping an "Outperform" rating. The new target represented an 8.7% increase. The positive sentiment was also supported by developments in the company's clinical trials.
Why iHeartMedia (IHRT) Stock Is Up Today
Shares of global media and entertainment company iHeartMedia (NASDAQ:IHRT) jumped 2.7% in the afternoon session after the company announced a strategic integration with Viant Technology to improve targeted advertising capabilities.
NMI Holdings (NMIH) Stock Trades Up, Here Is Why
Shares of mortgage insurance provider NMI Holdings (NASDAQ:NMIH) jumped 4.2% in the afternoon session after an analyst at Keefe, Bruyette & Woods upgraded the stock's rating and increased its price target, signaling confidence in the company.
Why Tesla (TSLA) Stock Is Trading Up Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 4.4% in the afternoon session after the stock's positive momentum continued as reports revealed a significant Cybertruck purchase by Elon Musk's SpaceX.
Under Armour (UAA) Stock Is Up, What You Need To Know
Shares of athletic apparel company Under Armour (NYSE:UAA) jumped 4.7% in the afternoon session after investment firm Guggenheim initiated coverage on the company with a "Buy" rating and a $6 price target.
Why Brinker International (EAT) Stock Is Up Today
Shares of casual restaurant chain Brinker International (NYSE:EAT) jumped 4.6% in the afternoon session after Wells Fargo analyst Zachary Fadem raised the price target on the company's stock to $175 from $160, while keeping an "Overweight" rating.
Why Is Rocket Lab (RKLB) Stock Soaring Today
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 9.5% in the afternoon session after the company successfully launched a mission for the U.S. Space Force five months ahead of schedule.
Why MasTec (MTZ) Stock Is Up Today
Shares of infrastructure construction company MasTec (NYSE:MTZ) jumped 3.1% in the afternoon session after Truist Securities raised its price target on the infrastructure construction company's stock from $253 to $270.
Why GE Aerospace (GE) Stock Is Trading Up Today
Shares of industrial conglomerate GE Aerospace (NYSE:GE) jumped 3% in the afternoon session after the company announced that its CT7-2E1 engine surpassed 500,000 in-service flight hours.
Tutor Perini (TPC) Stock Is Up, What You Need To Know
Shares of general contracting company Tutor Perini (NYSE:TPC) jumped 2.6% in the afternoon session after the company announced two significant contract awards through its subsidiary, Rudolph and Sletten, bolstering its project backlog.