Wolfe Research lifts Guardant Health to Outperform, sees 30% upside

Wolfe Research has upgraded its rating on Guardant Health's stock, reflecting a more optimistic outlook for the company. This upgrade is significant as it indicates growing confidence in Guardant Health's future performance, which could attract more investors and potentially drive the stock price higher. Such positive news can enhance the company's reputation in the market and may lead to increased interest from both institutional and retail investors.

Xcel Energy's stock price target has been raised from $78 to $84 by Wolfe Research, indicating a positive outlook for the company. This adjustment reflects analysts' confidence in Xcel's performance and growth potential, which is significant for investors looking for promising opportunities in the energy sector.

Sempra Energy has received a boost in its stock price target, now set at $95 by Wolfe Research. This adjustment reflects growing confidence in the company's performance and potential for future growth. Investors may see this as a positive sign, indicating that Sempra is on a solid path, which could lead to increased interest and investment in the company.

CenterPoint Energy has received a positive boost as Wolfe Research has raised its stock price target from $42 to $43. This adjustment reflects growing confidence in the company's performance and potential for growth, which is significant for investors looking for promising opportunities in the energy sector.

In a significant legal development, Google and Flo Health have agreed to pay $56 million to settle a lawsuit concerning privacy violations related to their period-tracking app. This case highlights the ongoing concerns about data privacy and the handling of sensitive health information by tech companies. The settlement not only compensates affected users but also serves as a reminder for all app developers to prioritize user privacy and transparency in their data practices.

Meta is facing charges from the European Union for allegedly failing to adequately monitor and remove illegal posts on its platform. This situation highlights the ongoing challenges social media companies face in balancing user freedom with regulatory compliance. The outcome of this case could set significant precedents for how tech giants operate in Europe and may lead to stricter regulations in the future.

Former Federal Reserve leaders from various political backgrounds are urging the Supreme Court to reject Donald Trump's attempt to remove Fed official Cook. They argue that this move could threaten the independence of the central bank, which is crucial for maintaining economic stability. This situation highlights the ongoing tensions between political influence and the autonomy of financial institutions, raising concerns about the future of monetary policy.

In a recent announcement, Trump stated that the U.S. government will provide aid to farmers until the benefits of tariffs take effect. This move is significant as it aims to support farmers facing challenges due to trade policies, ensuring they remain financially stable during a transitional period. By offering this assistance, the administration hopes to alleviate some of the economic pressures on the agricultural sector, which is vital for the country's economy.

Schlage has announced the expansion of its commercial portfolio with the introduction of new performance series locks. This move is significant as it enhances security options for businesses, providing them with advanced locking solutions that meet modern demands. The new locks are designed to offer improved durability and reliability, making them a valuable addition for companies looking to upgrade their security measures.

The US economy has shown a robust performance as the second-quarter GDP growth rate has been revised up to 3.8%, reflecting stronger consumer spending than initially reported. This revision is significant as it indicates a more resilient economic landscape, suggesting that consumers are confident and willing to spend, which is crucial for sustained economic growth.