
Top Analyst Ratings From Last Week
Adobe (ADBE) was downgraded to Sell by Rothschild & Co. with a target price of $280.
Alphabet Inc. (GOOGL) had its target price updated to $160 by Loop Capital, maintaining a Hold rating.
Amazon (AMZN) was reiterated with a Buy rating by Truist Financial, which raised its target price to $250.
Apple Inc. (AAPL) was upgraded to Hold by Jefferies with a target price of $188.
Coinbase (COIN) maintained its Buy rating at Bernstein with a target price of $510.
Datadog (DDOG) had its target updated to $170 by Wedbush, maintaining a Buy rating.
Microsoft Corp. (MSFT) was reiterated as a Buy by DA Davidson with a raised target price of $600.
Netflix (NFLX) had its target price increased to $1,140 by Goldman Sachs, which maintained a Neutral rating.
Tesla Inc. (TSLA) maintained an Outperform rating at Wedbush with a target price of $500.
Zscaler (ZS) was reiterated as Outperform by JMP Securities with a raised target of $355.
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Globe and Mail
17 minutes ago
- Globe and Mail
Luxfer Declares Quarterly Dividend
Luxfer Holdings PLC (NYSE: LXFR) ('Luxfer' or the 'Company'), a global industrial company innovating niche applications in materials engineering, today announced that its Board of Directors declared a quarterly dividend of 13 cents per ordinary share. The dividend will be payable on August 6, 2025 to shareholders of record as of the close of business on July 18, 2025. About Luxfer Holdings PLC Luxfer is a global industrial company innovating niche applications in materials engineering. Using its broad array of proprietary technologies, Luxfer focuses on value creation, customer satisfaction, and demanding applications where technical know-how and manufacturing expertise combine to deliver a superior product. Luxfer's high-performance materials, components, and high-pressure gas containment devices are used in defense and emergency response, clean energy, healthcare, transportation, and general industrial applications. For more information, please visit Luxfer is listed on the New York Stock Exchange and its ordinary shares trade under the symbol LXFR.


Globe and Mail
an hour ago
- Globe and Mail
23andMe founder can re-acquire company after judge rejects California's attempt to delay sale
Genetic testing company 23andMe can proceed with a US$305-million sale to the company's co-founder Anne Wojcicki after a U.S. bankruptcy judge rejected California's bid to delay the sale while the state appeals over privacy concerns related to the deal. U.S. Bankruptcy Judge Brian Walsh, who previously approved Wojcicki's buyout of the company, said in a court hearing in St. Louis that California's appeal was 'likely to fail' and that California customers would not be 'irreparably harmed' if the sale went forward while the state appealed. 'They remain free to delete their accounts and data at any time,' Walsh said of 23andMe's California customers. 23andMe did not protect customers' data, Canadian and British watchdogs find 23andMe filed for bankruptcy in March, seeking to sell its business after a drop-off in consumer demand and a 2023 data breach that exposed millions of customers' genetic data. California had argued the sale violates the state's Genetic Information Privacy Act, which prohibits the transfer and disclosure of genetic data or biological samples to third parties, including Wojcicki's new non-profit TTAM Research. The state had sought to prevent California customers' data from being transferred, a step that 23andMe said would effectively kill the sale. California consumers represent about 1.8 million of the approximately 10 million genetic profiles in 23andMe's inventory, according to California's court filings. 'Everyone knows that this is a sale of DNA to a third party,' California's attorney Bernard Eskandari said in court. 'It has always been a sale of DNA to a third party.' TTAM Research won a bankruptcy auction for 23andMe's assets in June, overbidding a US$265-million offer from Regeneron Pharmaceuticals. TTAM said it would continue to protect customers' genetic data and maintain 23andMe's privacy policies, including customers' right to delete their data. Wojcicki was 23andMe's CEO before its bankruptcy filing, and her new nonprofit's name is an acronym formed from the first letters of the words 'twenty-three and me.' Several other U.S. states, including New York and Texas, also opposed the sale and said that their state laws also prevent the sale of customers' genetic data without their consent. Walsh overruled those objections on June 27.


Globe and Mail
an hour ago
- Globe and Mail
Here's where TikTok stands in the U.S., with talk of a potential deal ahead of ban deadline
Less than a month after extending a deadline to ban TikTok for the third time, U.S. President Donald Trump told reporters late Friday night that, 'We pretty much have a deal,' on TikTok – but he did not offer details. The details and timing of a potential deal are not clear. TikTok did not immediately respond to messages for comment on Monday. Emarketer analyst Jeremy Goldman said while TikTok is 'reportedly planning' a U.S. version of its app to comply with legal restrictions, the platform – if it launches without the original TikTok algorithm – 'risks losing the very personalization that drives user engagement.' In other words, TikTok just isn't TikTok without its algorithm. 'And getting millions to download a new app is no small feat, to say the least,' Goldman added. Here's what to know about where TikTok stands in the U.S. following Trump's comments. Though he has no clear legal basis to do so, Trump has continued to extend the deadline for TikTok to avoid a ban in the U.S. This gives his administration more time to broker a deal to bring the social media platform under American ownership. It is not clear how many times Trump can – or will – keep extending the ban as the government continues to try to negotiate a deal for TikTok, which is owned by China's ByteDance. While there is no clear legal basis for the extensions, so far there have been no legal challenges against the administration. Trump has amassed more than 15 million followers on TikTok since he joined last year, and he has credited the trendsetting platform with helping him gain traction among young voters. He said in January that he has a 'warm spot for TikTok.' Meta, TikTok can be sued by mother of NYC teen killed while 'subway surfing' For now, TikTok continues to function for its 170 million users in the U.S. Tech giants Apple, Google and Oracle were persuaded to continue to offer and support the app, on the promise that Trump's Justice Department would not use the law to seek potentially steep fines against them. Americans are even more closely divided on what to do about TikTok than they were two years ago. A recent Pew Research Center survey found that about one-third of Americans said they supported a TikTok ban, down from 50 per cent in March, 2023. Roughly one-third said they would oppose a ban, and a similar percentage said they weren't sure. Among those who said they supported banning the social media platform, about eight in 10 cited concerns over users' data security being at risk as a major factor in their decision, according to the report. Trump said Friday that on Monday or Tuesday, the U.S. would take the proposal to Chinese leader Xi Jinping or one of his representatives. The president said he thinks they 'probably' need China to approve the deal but he wasn't sure they needed to. When asked whether he was confident China would approve the deal, Trump said, 'I'm not confident but I think so.' He said that for the U.S., 'we make a lot of money if the deal goes through.' China hit brakes on TikTok deal after Trump announced wide-ranging tariffs, source says Although it's unclear if ByteDance plans to sell TikTok, several potential bidders have come forward in the past few months. Aides for Vice-President JD Vance, who was tapped to oversee a potential deal, have reached out to some parties, such as the artificial intelligence startup Perplexity AI, to get additional details about their bids, according to a person familiar with the matter. In January, Perplexity AI presented ByteDance with a merger proposal that would combine Perplexity's business with TikTok's U.S. operation. Perplexity had no comment on Monday. Other potential bidders include a consortium organized by billionaire business executive Frank McCourt, which recently recruited Reddit co-founder Alexis Ohanian as a strategic adviser. Investors in the consortium say they've offered ByteDance US$20-billion in cash for TikTok's U.S. platform. And if successful, they plan to redesign the popular app with blockchain technology they say will provide users with more control over their online data. 'Every day that passes without a qualified divestiture of TikTok puts Americans at greater risk of manipulation and surveillance. We believe the administration will ultimately obey the courts and follow the requirements for a lawful divestiture,' McCourt's internet advocacy organization, Project Liberty, said in a statement. 'We look forward to working with members of the administration, policymakers, and our many outstanding partners in The People's Bid to achieve this goal.' Among other possible investors are the software company Oracle and the investment firm Blackstone. Neither company immediately responded to messages seeking comment on Monday.