JPMorgan Says Trump’s Debanking Suit Belongs in NY Federal Court
JPMorgan Chase & Co. has requested that Donald Trump's "debanking" lawsuit be moved from Miami to a New York federal court. The bank argues that Trump and his businesses had agreed in writing to litigate any disputes in New York when they opened their accounts. This move aims to ensure the legal proceedings occur in the jurisdiction specified in their initial agreements.
Palomar (NASDAQ:PLMR) CFO Sells $100,255.32 in Stock
Palomar Holdings, Inc. CFO T. Christopher Uchida sold 783 shares of the company's stock on February 18th for $100,255.32, reducing his stake by 5.04%. This sale follows several other share dispositions by Uchida in late January and early February. Despite recent strong earnings results that topped analyst estimates, the stock traded down 2.3%, though analysts maintain a consensus "Buy" rating with an average price target of $162.17.
Zurn Elkay Water Solutions expands revolving credit facility to $550 million
Zurn Elkay Water Solutions Corp (NYSE:ZWS) has expanded its revolving credit facility from $200 million to $550 million through an amendment to its existing credit agreement. This move, executed by its subsidiaries with JPMorgan Chase Bank, N.A. as the new agent, refinances previous amounts and extends the maturity date to February 19, 2031. The company maintains a strong balance sheet and recently reported impressive financial results, leading to reiterated Buy ratings from Stifel and Jefferies, and declared a quarterly cash dividend.
Zurn Elkay Water Solutions expands revolving credit facility to $550 million
Zurn Elkay Water Solutions Corp. announced an expansion of its revolving credit facility from $200 million to $550 million, refinancing its previous outstanding amounts. The amendment, effective February 19, 2026, involves its subsidiaries and JPMorgan Chase Bank, N.A. as the new agent, with a maturity date of February 19, 2031. This move, based on a recent SEC filing, follows strong financial results and positive analyst ratings for the company.
Goldman Sachs Raises Vale’s Price Target to $18 Amid Strong Q4 Performance
Goldman Sachs has increased its price target for Vale (VALE) to $18, citing strong Q4 performance, particularly in iron ore production and energy transition metals like copper. This upgrade reflects growing investor confidence and strategic foresight from Vale in a dynamic market. While other financial institutions show cautious optimism, Vale's ability to navigate market complexities and environmental challenges will be key to its future growth.
Banc of California names new head of payments
Banc of California has appointed Chris Healy as its new executive director and head of payments, leveraging his 20 years of industry experience to build out its payments business and oversee products like BancEdge and credit cards. In related banking news, the American Bankers Association appointed Lia Fordjour as CFO and Tifany Pedersen as head of marketing. Meanwhile, Airwallex entered a multiyear marketing deal with the San Francisco Giants, and Citizens Financial Group expanded its advisory services by acquiring Matrix Capital Markets Group.
Travelers stock hits all-time high at 304.4 USD By Investing.com
Travelers Companies Inc. (TRV) stock reached an all-time high of $304.4 USD, reflecting a 26.68% increase over the past year and underscoring strong performance and investor confidence. The insurance giant, with a $65.8 billion market cap, trades at a P/E ratio of 11.04, which InvestingPro data suggests indicates attractive value. Recent analyst ratings indicate mixed perspectives, with Raymond James raising its price target to $330 due to strong quarterly results, while Jefferies, UBS, and Mizuho have adjusted their price targets reflecting various market considerations.
iRhythm Technologies (NASDAQ:IRTC) Given New $215.00 Price Target at JPMorgan Chase & Co.
JPMorgan Chase & Co. has lowered its price target for iRhythm Technologies (NASDAQ:IRTC) to $215.00 from $240.00, while maintaining an "overweight" rating. This adjustment comes despite iRhythm beating Q4 earnings expectations with revenue of $208.9 million and EPS of $0.29, compared to a $0.02 consensus. The stock traded down about 5.1% to $150.76 and faces headwinds including a high debt-to-equity ratio and trading below key moving averages, though other analysts have recently issued more optimistic price objectives.
JPMorgan taps CHIPS, defense officials for $1.5 trillion security initiative push, memo says
JPMorgan Chase has appointed new senior leaders to bolster its $1.5 trillion Security & Resiliency Initiative (SRI), focusing on national security and economic resilience sectors. These appointments include experts from the U.S. Department of Commerce's CHIPS Program Office and specialists in defense and aerospace. The initiative aims to facilitate financing and investment in critical industries like semiconductors, defense, and AI, driven by increasing geopolitical tensions.
JPMorgan Raises Celsius Stock Price Target Amidst Growth Strategies
JPMorgan and Piper Sandler have increased their price targets for Celsius (CELH) to $77 and $65, respectively, signaling strong confidence in the company's growth strategies. The stock surged by 9.15% following strategic market expansions, partnership announcements, and the appointment of former PepsiCo executives Christy Jacoby and John Short to the board. Analysts anticipate continued success, driven by robust Q4 retail performance and increased investor engagement through industry conferences.
Guarantor: JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering $525,000 Buffered Digital Notes linked to the common stock of Tesla, Inc., with JPMorgan Chase & Co. fully and unconditionally guaranteeing the notes. These notes offer investors a fixed return of 29.15% at maturity if Tesla's stock performance meets certain conditions, but also carry risks including potential loss of up to 90% of the principal amount. The notes were priced on February 18, 2026, and are expected to settle around February 23, 2026.
W.W. Grainger (GWW) Gets Price Target Increase from JPMorgan Following Earnings Update
JPMorgan raised its price target for W.W. Grainger (GWW) to $1,165 from $1,100, maintaining a Neutral rating, after the company's Q4 2025 earnings update. CEO Donald Macpherson highlighted operating in a difficult macroeconomic environment, exiting the UK market, expanding supply chain capacity, and leveraging AI and machine learning to achieve financial goals and market share gains. Grainger also significantly expanded its product assortment in 2025.
International Flavors & Fragrances Inc.’s (IFF) Q4 Results Ease Concerns About European Slowdown, Says BofA
Bank of America raised its price target for International Flavors & Fragrances Inc. (IFF) to $100 from $88, maintaining a Buy rating, following IFF's Q4 and full-year 2025 results. BofA noted that IFF's Q4 performance and 2026 projections alleviated worries about a European slowdown, attributing the success to a two-year strategic shift towards targeted investments and organic development. The company reported Q4 net sales of $2.59 billion and adjusted EPS of $0.80, alongside full-year net sales of $10.89 billion, with positive outlooks for 2026 in sales and adjusted EBITDA.
Li Auto Inc. (LI) Expands EV Reach with Supercharging Milestone
Li Auto Inc. (LI) has reached a significant milestone by launching its 4,000th supercharging station, solidifying its position with the industry's largest self-built fast-charging network. This expansion comes despite a recent downgrade by JPMorgan due to concerns about slowing demand and rising costs for Chinese carmakers. Though acknowledging LI's investment potential, the article suggests other AI stocks might offer greater upside.
Citi is Bullish on XPeng Inc. (XPEV)
Citi analyst Jeff Chung reiterated a Buy rating on XPeng Inc. (XPEV) but slightly reduced its price objective to $27.60, expecting the company to deliver 1,000 humanoid robots in the last quarter of the year. JPMorgan also adjusted its price target for XPEV to $34 from $50, maintaining an Overweight rating, citing a slowdown in China's auto industry. XPeng recently implemented a new charge payment feature in Hong Kong and reported strong Q4 results with RMB20.38 billion in sales and a 20.1% gross margin.
C's January Card Delinquencies Rise: How it Will Impact Asset Quality?
Citigroup Inc.'s Citibank N.A. reported a mixed credit card performance for January 2026, with an increase in delinquency rates but a decrease in net charge-off rates compared to the prior month. While the decline in charge-offs is positive, the rise in delinquencies and reduced principal receivables indicate ongoing consumer pressure, potentially impacting the company's asset quality. Despite these challenges, Citigroup's stock has performed well over the past six months and is trading at an attractive valuation.
Beta Technologies Files for Public Stock Offering
Beta Technologies, a Vermont-based electric aviation company, has filed papers for an initial public offering (IPO) on the New York Stock Exchange. This move follows significant private funding rounds and reflects the company's need for further capital to certify its electric aircraft, the Alia, which faced substantial development costs and timeline extensions. Beta aims to be one of the first U.S. companies to produce small electric and hybrid-electric aircraft, with commercial sales projected after FAA certification, expected by late 2026 or early 2027 for a conventional-flight version.
Coherent Corp. Surges on Upbeat Q2 Earnings and Raised Price Targets
Coherent Corp. (NYSE: COHR) saw its stock surge by 7.41% following strong Q2 earnings, with revenue of $1.69B and EPS of $1.29, both exceeding estimates. The growth, primarily driven by demand in the datacenter and communications sectors, has led investment banks like Citi and JPMorgan to raise their price targets and ratings. The company's focus on AI accelerators and strategic capacity expansion in indium phosphide, along with industry accolades, indicates promising future performance and sustained investor confidence.
Why Western Digital stock is moving today: Sandisk debt swap deal, insider sale in focus
Western Digital's stock climbed following Sandisk's secondary stock offering, a debt-for-equity swap designed to reduce Western Digital's substantial debt pile. This move involves offloading part of its Sandisk stake to settle debts with J.P. Morgan and BofA Securities affiliates. Additionally, an insider sale of 10,000 Western Digital shares by its Chief Sales & Marketing Officer also drew attention, executed under a pre-arranged trading plan.
JPMorgan cut Li Auto Inc. (LI) to Underweight from Neutral
JPMorgan downgraded Li Auto Inc. (LI) from Neutral to Underweight, lowering its price target to $14 due to an anticipated slowdown in China's auto industry and reduced profitability forecasts for Li Auto. The firm cited lower sales volumes, narrower margins, and a lack of new models as reasons for the downgrade. Despite this, Li Auto reported significant deliveries and continues to expand its retail and charging infrastructure.
Form 424B2 JPMORGAN CHASE & CO
JPMorgan Chase Financial Company LLC has issued $3,395,000 Auto Callable Contingent Interest Notes linked to the performance of two State Street SPDR ETFs focused on oil, gas, and energy sectors. These notes offer contingent interest payments if both underlying ETFs meet specific conditions and may be automatically called. Investors face the risk of losing principal if the ETFs perform poorly and should be aware of the credit risks of JPMorgan Financial and JPMorgan Chase & Co.
Telix Pharmaceuticals (NASDAQ:TLX) Shares Gap Up - Here's What Happened
Telix Pharmaceuticals (NASDAQ:TLX) experienced a gap-up in its share price before trading on Friday, opening at $7.46 after closing at $6.71, and last trading at $7.8170. The stock has an average "Moderate Buy" rating from analysts with an average target price of $21.00. Institutional investors have also shown increased interest, with several funds either increasing or initiating positions in the company during recent quarters.
JPMorgan cut Li Auto Inc. (LI) to Underweight from Neutral
JPMorgan downgraded Li Auto Inc. (LI) from Neutral to Underweight and reduced its price target from $18 to $14 due to expectations of underperformance in China's auto industry in 2026. The firm anticipates a profitability loss for Li Auto this year, citing lower sales and margins, and a lack of new models. Despite the downgrade, Li Auto recently delivered 27,668 automobiles and updated its OTA software with new features, maintaining a significant retail and charging station presence across China.
LAPLX | Core Plus Bond Fund Class A
This article provides a detailed overview of the Lord Abbett Core Plus Bond Fund Class A (LAPLX), outlining its investment objectives, yield characteristics, and fundamental basics. It includes extensive performance data, Morningstar ratings, and a comprehensive breakdown of its portfolio holdings and credit quality distribution. The article also provides information on fees, expenses, sales charge schedules, and important disclosures regarding investment risks.
Johnson Controls stock hits all-time high at 143.17 USD
Johnson Controls International PLC stock has reached an all-time high of $143.17, trading at $143.33 with a market capitalization of $87.5 billion and delivering a 63% return over the past year. This surge is attributed to strategic initiatives, favorable market conditions, and recent strong fiscal first-quarter results that surpassed analyst expectations. JPMorgan increased its price target for the company to $158, and Johnson Controls also announced the acquisition of Alloy Enterprises to enhance its data center cooling capabilities.
Orient Plus International Ltd. et al v. Baosheng Media Group Holdings Ltd. et al: Complaint (‘Material Misstatements or Omissions’)
This article provides details of a complaint filed in the U.S. District Court for the Southern District of New York by Orient Plus International Limited and others against Baosheng Media Group Holdings Limited and several individuals and entities. The complaint alleges "Material Misstatements or Omissions" and involves a publicly-listed Cayman Islands firm providing online marketing solutions in China. The complete content is behind a subscription wall.
Coherent jumps 5.7% as post-earnings optimism and analyst target hikes lift shares
Coherent Corp. (COHR) stock rose 5.7% due to sustained optimism following its recent Q2 2026 earnings report and positive forward outlook, particularly its strong position in AI-driven datacenter optical demand. Multiple analysts subsequently raised their price targets for the company, contributing to renewed buying interest. Coherent reported Q2 revenue of $1.69 billion and non-GAAP EPS of $1.29, with strong guidance for Q3 2026.
Woodley Farra Manion Portfolio Management Inc. Has $69.79 Million Stock Position in Honeywell International Inc. $HON
Woodley Farra Manion Portfolio Management Inc. reduced its stake in Honeywell International Inc. by 1.6% in the third quarter, now holding 331,565 shares valued at $69.79 million. Despite this, Honeywell remains the fund's eleventh-largest position. The article also details other institutional investor activity, analyst ratings, and a recent insider stock sale.
JPMorgan Chase & Co. Forecasts Strong Price Appreciation for EQT (NYSE:EQT) Stock
JPMorgan Chase & Co. has increased its price target for EQT (NYSE:EQT) stock to $68 from $58, maintaining an "overweight" rating. This upgrade suggests a potential upside of 12.7% for the oil and gas producer. The forecast follows EQT's recent earnings beat, reporting $0.90 EPS against a $0.73 consensus, despite revenue of $2.09 billion being slightly below estimates but up 24.8% year-over-year.
Amer Sports, Inc. $AS Stake Boosted by WT Asset Management Ltd
WT Asset Management Ltd significantly increased its stake in Amer Sports (NYSE:AS) by 221.5% in the third quarter, making it their eighth-largest position. Amer Sports reported strong Q3 earnings, exceeding revenue and EPS estimates, with the stock currently trading near its 52-week high. Analysts hold a consensus "Buy" rating for Amer Sports, with an average target price of $46.89.
Sandisk stock jumps as Western Digital unloads shares — what traders are watching next
Sandisk shares rose over 3% as investors reacted to Western Digital selling a significant portion of its stake to reduce debt. While the secondary offering adds near-term supply, analysts view the move as a positive step toward clearing a long-standing share overhang and accelerating Western Digital's deleveraging efforts.
Zions Bancorporation National Association UT Decreases Position in SAP SE $SAP
Zions Bancorporation National Association UT significantly reduced its holdings in SAP SE by 98.3% in Q3, selling 6,642 shares and leaving it with a minimal stake. This reduction happened despite several other large institutions, including Fisher Asset Management and Bank of America, substantially increasing their positions in the software maker. SAP recently surpassed its quarterly earnings and revenue estimates, maintaining a consensus "Moderate Buy" analyst rating with a target price of $305.75.
Plumas Bancorp’s Quiet Surge: Small-Cap Bank Stock US Investors Are Missing
Plumas Bancorp (NASDAQ: PLBC) is highlighted as an under-the-radar community bank offering steady compounding and dividends, contrasting with the market's focus on mega-cap tech. The article details its resilient fundamentals, conservative credit metrics, and traditional banking model, appealing to long-term income-focused U.S. investors despite its low trading volume and lack of Wall Street analyst coverage. It emphasizes the importance of individual due diligence for this small-cap stock, especially concerning interest rate sensitivity and geographic concentration risks.
Skandinaviska Enskilda Banken AB publ Reduces Position in Brown & Brown, Inc. $BRO
Skandinaviska Enskilda Banken AB publ significantly reduced its stake in Brown & Brown, Inc. by 26.1% in Q3, selling 25,793 shares, while other major institutions like Vanguard and Principal Financial Group increased their positions. Despite Skandinaviska Enskilda Banken's reduction, institutional investors collectively own about 71.01% of the company's stock. Brown & Brown performed well in earnings per share but missed revenue expectations; the stock maintains a consensus "Hold" rating from analysts with an average price target of $90.36.
Vanguard Group Inc. Acquires 552,360 Shares of Best Buy Co., Inc. $BBY
Vanguard Group Inc. increased its stake in Best Buy Co., Inc. (NYSE:BBY) by 2.4% in the third quarter, acquiring an additional 552,360 shares and bringing its total ownership to 23,947,415 shares, valued at approximately $1.81 billion. This makes Vanguard Group Inc. the largest institutional holder with 11.40% of the company. Best Buy recently beat quarterly earnings estimates and offers a 5.8% dividend yield, despite a "Hold" consensus rating from analysts and a trading price of $65.85 against an average target of $80.32.
JPMorgan Chase & Co. $JPM Shares Sold by Skylands Capital LLC
Skylands Capital LLC reduced its stake in JPMorgan Chase & Co. by 15.1% in the third quarter, selling 4,550 shares, though the bank remains a significant holding in its portfolio. Other institutional investors like Peterson Wealth Advisors LLC and TradeWell Securities LLC slightly increased their positions. The article also highlights recent positive and negative news impacting JPM, including expansion plans, legal defense, and insider selling.
JPMorgan Chase & Co. $JPM Shares Bought by Varma Mutual Pension Insurance Co
Varma Mutual Pension Insurance Co increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 21.7% in the 3rd quarter, making JPM its 15th largest holding valued at $142.6 million. Other institutional investors also adjusted their positions in JPM. The article also covers recent analyst ratings, significant insider selling from CFO Jeremy Barnum and COO Jennifer Piepszak, and key news impacting the financial giant, including a dividend announcement and ongoing legal and regulatory discussions.
|【即時新聞】YieldMax JPMO ETF公告配息0.0567美元,鎖定1月23日發放日
|YieldMax JPM Option Income Strategy ETF (JPMO) 宣布將進行每週配息,每股配息金額為0.0567美元。此次配息的除息日與股東名冊登錄日均為1月22日,符合資格的投資人將於1月23日收到現金股利。JPMO是一檔運用期權策略連結摩根大通,旨在產生收益並提供高頻率現金流的ETF。
Vanguard Group Inc. Decreases Stake in C.H. Robinson Worldwide, Inc. $CHRW
Vanguard Group Inc. reduced its stake in C.H. Robinson Worldwide, Inc. by 3.0% in the third quarter of 2025, selling 441,684 shares. Despite this, insiders like CEO David P. Bozeman have made recent stock purchases. C.H. Robinson reported EPS of $1.23, exceeding estimates, with a "Moderate Buy" consensus rating from analysts and an average price target of $181.29.
Enova International, Inc. SEC 10-K Report
Enova International, Inc. has released its 2025 10-K report, detailing substantial growth in revenue and net income, driven by expanded consumer and small business portfolios. The report highlights strategic initiatives such as the acquisition of Grasshopper to enhance digital banking capabilities and increased borrowing capacity to fund future growth. However, the company also acknowledges significant regulatory, operational, and market risks in its highly regulated industry.
Vanguard Group Inc. Sells 19,843 Shares of Ciena Corporation $CIEN
Vanguard Group Inc. reduced its stake in Ciena Corporation (NYSE:CIEN) by 0.1%, selling 19,843 shares, but still holds over 15 million shares valued at approximately $2.20 billion. The article highlights significant insider selling, with CEO Gary B. Smith and Director Patrick Gallagher offloading shares totaling millions. Despite insider sales, analysts have become more bullish on Ciena, with a consensus "Moderate Buy" rating and increased price targets, as the company beat EPS estimates and showed strong revenue growth.
Zacks Research Has Bearish Forecast for Clorox Q1 Earnings
Zacks Research has issued a bearish forecast for Clorox's (NYSE: CLX) Q1 2027 earnings, lowering their estimate to $1.31 per share and maintaining a "Hold" rating. This comes amidst broader analyst sentiment for Clorox, with an average rating of "Reduce" and a consensus target price of $118.73, despite some firms boosting price targets. The company recently missed Q4 earnings consensus, reporting $1.39 EPS against an estimate of $1.43, and its stock was down 0.9% at market open.
Vanguard Group Inc. Sells 287,620 Shares of Natera, Inc. $NTRA
Vanguard Group Inc. reduced its stake in Natera, Inc. by 2.3% in the third quarter, selling 287,620 shares but still owning over 12 million shares valued at approximately $1.99 billion. Meanwhile, other institutional investors like JPMorgan Chase & Co. increased their holdings. Insider selling has also occurred, with CEO Steven Chapman and another insider selling shares, totaling over $103 million in insider sales over the last 90 days.
Persistent Asset Partners Ltd Decreases Position in Bank of America Corporation $BAC
Persistent Asset Partners Ltd significantly reduced its stake in Bank of America Corporation (NYSE:BAC) by 51.6% during the third quarter, selling 9,687 shares and now owning 9,091 shares valued at $469,000. Despite this reduction, several other institutional investors increased their holdings, while Bank of America announced a quarterly dividend of $0.28 per share and analysts adjusted price targets, leading to an average "Moderate Buy" rating for the stock. The article also highlights recent positive and negative news impacting BAC, including a new rewards program, potential regulatory easing, and concerns about private-credit commitments and Warren Buffett's trimmed position.
Millicom International Cellular SA (NASDAQ:TIGO) Receives Average Rating of "Hold" from Analysts
Millicom International Cellular SA (NASDAQ:TIGO) has received an average "Hold" rating from six research firms, with an average one-year price target of $53.00. While some analysts upgraded the stock, others downgraded it, reflecting mixed sentiment. Institutional investors have also been active, with several firms increasing their stakes in the company.
PNC Financial Services Group Inc. Raises Stake in DICK'S Sporting Goods, Inc. $DKS
PNC Financial Services Group Inc. increased its stake in DICK'S Sporting Goods, Inc. by 44.6% in the third quarter, bringing its total holdings to $7,682,000. Other institutional investors also adjusted their positions, with notable new purchases from Atreides Management LP, Norges Bank, Browning West LP, and Marshall Wace LLP. Analysts maintain a "Moderate Buy" consensus rating for DKS, with an average price target of $238.37.
Endava plc (NYSE:DAVA) Q2 2026 Earnings Call Transcript
Endava plc reported its Q2 2026 earnings, with revenues totaling £184.1 million, a 5.9% decrease year-over-year. The company reported adjusted diluted EPS of 16p and emphasized its continued investment in AI-native delivery and next-gen talent, impacting its adjusted PBT margin. Endava highlighted the success of its AI-focused initiatives, including Dava Flow, and strategic partnerships with OpenAI, AWS, Miro, and Cognition, which are driving client engagements and modernizing service delivery.
ICICI Prudential Asset Management Co Ltd Buys 26,400 Shares of International Flavors & Fragrances Inc. $IFF
ICICI Prudential Asset Management Co Ltd recently increased its stake in International Flavors & Fragrances Inc. (NYSE:IFF) by 27.4%, purchasing an additional 26,400 shares and bringing its total holdings to 122,886 shares valued at $7,562,000. Institutional investors collectively own 96.02% of IFF, with several major firms also increasing their positions. Analysts currently rate IFF as a "Moderate Buy" with a consensus price target of $91.17.
Crh Plc $CRH Shares Sold by JPMorgan Chase & Co.
JPMorgan Chase & Co. reduced its stake in Crh Plc (CRH) by 30.9% in the third quarter, selling 945,543 shares and retaining 2,114,013 shares valued at approximately $253.5 million. Despite this, other major institutions like Norges Bank and Eleva Capital initiated substantial new positions. CRH reported mixed Q4 earnings, missing consensus estimates for EPS and revenue, but increased its quarterly dividend and completed share buybacks, with institutional ownership around 62.5%.
JPMorgan Upgrades Group 1 Automotive to Overweight From Neutral, Price Target is $370
JPMorgan has upgraded Group 1 Automotive from Neutral to Overweight, setting a new price target of $370. This change in rating suggests a more positive outlook on the company's stock performance. The report also highlights recent company news, including an increase in its quarterly dividend and previous earnings reports.