Upstart Holdings, Inc. ( UPST ) shares are trading higher Monday following an upgrade by Wedbush analyst David Chiaverini. The firm raised its rating from Underperform to Neutral, while significantly increasing its price target from $10 to $45. What To Know: Chiaverini highlighted that Upstart’s ability to diversify its funding base through long-term capital providers, along with stronger credit buyer...

BRASILIA, Oct 9 (Reuters) - Indigenous organizations in the Brazilian state of Para said they were not consulted by the government before it signed a deal with multinational companies to sell carbon offset credits to support conservation of the Amazon ( AMZN ) rainforest in the state. Amazon.com Inc ( AMZN ) and other firms agreed last month to buy...

02:58 PM EDT, 10/14/2024 (MT Newswires) -- Chipotle Mexican Grill ( CMG ) will likely see continued strong sales and earnings growth driven by traffic growth and margin improvements in 2024 and 2025, despite a challenging macroeconomic environment, UBS Securities said in a note on Monday. The firm said it expects Q3 comparable store sales growth to be around 6%,...

03:23 PM EDT, 10/14/2024 (MT Newswires) -- Consumer stocks were rising late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.4%. In corporate news, Vicinity Motor ( VEV ) shares plunged past 34% after it said if its creditors proceed with receivership enforcement, it will...