SpaceX, Rackspace surge premarket; Edgewise Therapeutics, Huntsman fall

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Robinhood Markets (HOOD) PT Raised to $110 at Argus, 'Announces 10% headcount reduction; raising target'

June 17, 2026 7:16 AM EDT

Argus analyst Stephen Biggar raised the price target on Robinhood Markets (NASDAQ: HOOD) to $110.00 (from $90.00) while maintaining a Buy rating.

The analyst comments "Announces 10% headcount reduction; raising target On June 16, the company said it would implement a workforce reduction involving 10% of its employees, which recently numbered 2,900, as it seeks a less heavily... More

Truist on SPX Technologies (SPXC): 'on track to achieve financial targets early'

June 16, 2026 3:43 PM EDT

Truist Securities analyst Jamie Cook reiterated a Buy rating and $261.00 price target on SPX Technologies (NYSE: SPXC)

The analyst comments "Upside to revenue opportunity from capacity expansion: SPXC is investing to expand capacity for custom air handling and data center cooling products at both existing facilities (including Mirabel and Olathe) and new facilities (in Nashville, TN, and Madison, AL). Management is increasingly confident in the companys ability to drive more throughput, efficiency, and productivity at these facilities; recall last quarter SPXC noted these investments are expected to add ~$700M in incremental capacity by... More

Edgewise Therapeutics (EWTX) PT Raised to $52 at Leerink

June 16, 2026 1:08 PM EDT

Leerink analyst Joseph Schwartz raised the price target on Edgewise Therapeutics (NASDAQ: EWTX) to $52.00 (from $50.00) while maintaining a Outperform rating.

The analyst comments "We continue to think that CIRRUS Part D checks the key boxes for EDG-7500 across obstructive (oHCM) and non-obstructive... More