Travere Therapeutics stock hits 52-week high at 56.9 USD
Travere Therapeutics (TVTX) stock reached a new 52-week high of $56.90, reflecting a 267% total return over the past year and a market capitalization of $5.26 billion. InvestingPro analysis suggests the stock is undervalued, and recent developments include positive Phase 3 study results for FILSPARI, a new collaboration agreement, and an analyst price target increase to $67. highlighting strong growth prospects.
Campbell's closing snack plant in Jeffersonville
Campbell's is closing its snack manufacturing plant in Jeffersonville, Indiana, leading to the layoff of approximately 111 employees. The closure, attributed to "manufacturing network optimization initiatives," will occur in phases beginning August 16, 2026, with full closure expected by the end of January 2027. Employees will receive at least 60 days' notice prior to their termination.
Hershey names Pepsico vet as president of US business
Hershey has appointed Heather Hoytink, a veteran from PepsiCo, as the new president of its U.S. operations, effective July 8. Hoytink will be responsible for overseeing Hershey's confection, salty, and protein portfolio and advancing the company's "ONE Hershey" strategy. Her appointment comes as Hershey navigates challenges like elevated commodity prices and reduced consumer spending, despite reporting increased net sales of 10.6% to $3.1 billion in its most recent quarter.
This Beaten Down Tech Stock Could Surge 46% According To Analysts
Analysts are optimistic about Fidelity National Information Services Inc. (NYSE:FIS), a beaten-down tech stock, with a median price target suggesting a 46% upside. Despite a recent target price reduction by Truist due to lower fiscal year 2027 forecasts, positive developments include a partnership with InvestCloud to launch FIS Digital Wealth solutions. The company, founded in 1968, provides banking and capital markets solutions.
American Express (NYSE:AXP) Price Target Raised to $375.00
Truist Financial has raised its price target for American Express (NYSE:AXP) to $375 from $360, maintaining a Buy rating and suggesting a 9% upside. This comes after American Express recently surpassed quarterly EPS estimates and saw an 11.4% year-over-year revenue increase. Despite mixed analyst ratings ranging from $322 to $400, the stock holds an average "Hold" rating and an average target price of $361.55.
Truist Financial Has Lowered Expectations for EQT (NYSE:EQT) Stock Price
Truist Financial has lowered its price target for EQT (NYSE:EQT) stock from $74 to $65, while maintaining a "buy" rating, indicating a potential 25% upside. This adjustment comes despite EQT reporting better-than-expected quarterly earnings, with EPS of $2.33 against an estimated $2.01. The natural gas producer also saw recent insider selling, including a transaction by CEO Toby Z. Rice, though Wall Street analysts generally remain bullish with a "Moderate Buy" consensus and an average price target of $68.29.
Paychex tops fourth quarter earnings, shares dip on 2027 outlook
Paychex Inc. (NASDAQ:PAYX) reported fiscal fourth-quarter results that surpassed Wall Street expectations, with adjusted diluted earnings per share of $1.32 and revenue of $1.61 billion, driven partly by the acquisition of Paycor HCM. Despite strong fiscal 2026 growth, shares dipped approximately 2% in early trading as investors reacted cautiously to the company's fiscal 2027 guidance, which projects total revenue growth of 5% to 6% and adjusted diluted earnings per share growth of 7% to 9%. CEO John Gibson highlighted the successful integration of Paycor and continued investment in AI as key drivers for performance.
TD (NYSE: TD) issues callable notes with 10.90% coupon, linked to NDX/RTY
The Toronto-Dominion Bank is offering senior, unsecured Trigger Callable Yield Notes with a 10.90% annual coupon, linked to the performance of the Nasdaq-100 and Russell 2000 indices. These notes, with a principal of $10 per note, have monthly coupon payments and are callable monthly by TD starting after three months, maturing on September 29, 2027. Investors face principal at risk if TD does not call the notes and the least performing underlying index falls below its 60% downside threshold, potentially leading to a significant loss of investment.
Truist Securities reiterates Hold rating on Dollar General stock
Truist Securities has reiterated a Hold rating and a $114.00 price target for Dollar General (NYSE:DG) shares after meetings with the company's senior management. The firm noted that Dollar General's core lower and middle-income consumers remain resilient, and the company benefits from trade-in activity and increasing appeal to higher-income customers through third-party delivery. Despite positive indicators like competitive pricing and expected EPS growth, analysts present a mixed outlook, with some adjusting price targets both up and down following the company's Q1 fiscal 2026 results.
Vestis stock hits 52-week high at 13.53 USD By Investing.com
Vestis Corp (VSTS) stock reached a new 52-week high at $13.53 USD and currently trades at $13.56 USD, giving the company a market capitalization of $1.74 billion, reflecting a 121.82% increase over the past year. Despite this growth and positive investor sentiment, InvestingPro analysis suggests the stock may be overvalued. The company recently reported fiscal Q2 2026 earnings below expectations, with EPS of $0.16 against a forecast of $0.41, and revenue of $659.4 million against an anticipated $815.3 million.


