TD Cowen reiterates Stellantis stock rating at Hold with improving outlook

Starbucks' stock remains stable as TD Cowen reaffirms its price target of $95. This consistency in stock performance is significant for investors, indicating confidence in the company's future prospects despite market fluctuations.

Citi's stock has seen a rise following the announcement of its stake sale in Banamex, which is a significant move for the bank. This development is noteworthy as it reflects Citi's strategic decisions to optimize its portfolio and focus on core operations. Additionally, TD Cowen's decision to maintain a Hold rating indicates a cautious but optimistic outlook on Citi's future performance, suggesting that investors should keep an eye on how these changes will impact the bank's overall growth.

TD Cowen has raised its stock price target for Clear Channel from $1.60 to $2.50, reflecting a positive outlook for the company. This adjustment indicates confidence in Clear Channel's growth potential and could attract more investors, which is significant for the company's market position.

TD Cowen has maintained its stock price target for DexCom at $100, reflecting confidence in the company's performance amid ongoing G7 issues. This stability is significant as it indicates that analysts believe DexCom will navigate current challenges effectively, which could reassure investors and potentially boost stock performance.

In a significant shift in the automotive market, BYD has outsold Tesla in the European Union for the second consecutive month, marking a notable achievement for the Chinese electric vehicle manufacturer. This development highlights the growing competition in the EV sector, as Stellantis also reports a return to sales growth, indicating a recovery in the automotive industry. This trend is important as it reflects changing consumer preferences and the increasing viability of electric vehicles, which could reshape the market landscape.

Acadia Pharmaceuticals has faced a setback as TD Cowen has lowered its stock price target to $35. This adjustment reflects concerns about the company's future performance and market conditions, which could impact investor confidence and the company's growth prospects. It's a significant development for stakeholders who are closely monitoring Acadia's trajectory.

TD Cowen has reiterated its positive stock rating for uniQure following encouraging data related to Huntington's disease. This is significant as it reflects confidence in uniQure's potential to make strides in treating this challenging condition, which affects many individuals and families. Investors may see this as a promising opportunity in the biotech sector.

TD Cowen has raised its price target for Micron's stock to $200, citing a strong mix of cloud demand that is expected to drive growth. This is significant as it reflects confidence in Micron's ability to capitalize on the increasing need for cloud services, which could lead to higher revenues and a stronger market position. Investors may see this as a positive indicator for the company's future performance.

Stellantis has announced the cancellation of a highly anticipated version of its Ram pickup truck, a decision that is likely to disappoint many fans of the brand. This move reflects the company's shifting priorities and could impact its reputation among loyal customers who were looking forward to this new model.

TD Cowen has started coverage on Mirum Pharmaceuticals, giving it a 'Buy' rating. This is significant as it reflects confidence in Mirum's potential for growth and success in the pharmaceutical market, which could attract more investors and boost the company's stock performance.

Stellantis has announced a suspension of production at its plants in Poissy, France, and Pomigliano, Italy, due to weak demand in the European market. This decision will lead to thousands of workers being furloughed, highlighting the challenges the automotive industry faces amid shifting consumer preferences. While the OECD reports that global economic growth is currently better than expected, the ongoing impact of higher US tariffs adds uncertainty to the market, making this situation particularly concerning for both the company and its employees.

Stellantis NV has announced a temporary halt in production at its plants in Italy and France due to weak demand for several models, including the Alfa Romeo Tonale SUV. This pause highlights the challenges the automotive industry is facing as consumer interest wanes, which could have broader implications for jobs and the economy in these regions.

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.