The firm initiated coverage of the stock with a buy rating and a price target of $76 per share. That target implies upside of 17.5% from Tuesday’s close.

Nelson Peltz dropped his proxy fight against Disney after CEO Bob Iger unveiled a vast reorganization.

Fast-casual and full-service restaurants like Chipotle and Chili’s are struggling to attract customers.

Dan Loeb’s hedge fund Third Point has built a position in Salesforce, CNBC has confirmed.

Wall Street has started 2023 with a boom, the Fed says disinflation has begun, but on Main Street, business owners still see high inflation and a weak economy.

VP Kamala Harris said young people will have an advantage over current generations in climate work because they won’t have to face the question: “Is this real?”

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

Artificial intelligence stocks are the latest craze on Wall Street. These are the names retail investors are buying, according to Vanda Research.

Credit card swipe fees have more than doubled over the last decade, leading some business owners to look for new and creative ways to claw back their profits.

Though rent prices vary throughout the country, a Zillow study shows one minimum wage job won’t be enough to earn your rent virtually anywhere in the U.S.