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TezNewz delivers AI-scored financial news with impact ratings from -100 to +100. Latest stories cover Technology, Consumer Cyclical, Utilities sectors. Top impact story: "This Lumentum Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday" with +75 impact score.
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Mizuho analyst Vijay Rakesh initiated coverage on Lumentum Holdings Inc (NASDAQ: LITE) with an Outperform rating and set a price target of $290, while the stock closed at $242.07 on Monday. This initiation is part of a broader trend where analysts are adjusting their ratings on various companies. Other notable initiations include Kestra Medical Technologies with a Buy rating and a price target of $32, and Innospec Inc also with a Buy rating and a price target of $93.
Amer Sports, Inc. (NYSE: AS) reported strong third-quarter results, with adjusted earnings per share of 33 cents, surpassing the analyst consensus of 25 cents, and sales of $1.756 billion, a 30% year-over-year increase. The company raised its 2025 earnings guidance to 88-92 cents per share and its sales forecast to $6.375-$6.427 billion, both exceeding analyst estimates. The stock price rose by 10.21% to $33.90 in premarket trading following the announcement.
Jefferies analyst Julien Dumoulin-Smith upgraded AES Corp (NYSE:AES) from Underperform to Hold, raising the price target from $12 to $13. AES shares closed at $13.92 on Monday. This upgrade reflects a more positive outlook on the company's performance in the market.
Worksport Ltd. (NASDAQ: WKSP) has announced the opening of a newly leased facility in Missouri, which will serve as a dedicated assembly center for its SOLIS solar-integrated tonneau covers. This expansion significantly increases the company's operational capacity and geographic reach, as the new facility more than triples the footprint of its previous R&D location in Missouri. The facility is expected to optimize shipping routes, reduce logistics costs, and leverage a skilled workforce, aligning with Worksport's growth strategy as it enters the clean-tech commercialization phase.
SolarEdge Technologies, Inc. has reported strong demand for its new CSS-OD Commercial Storage System in Germany, receiving over 150 orders totaling more than 15MWh within the first few weeks of its launch. The company has already completed a dozen installations across Germany, indicating a positive response from PV installers. This development presents a significant revenue opportunity as businesses increasingly shift towards solar self-consumption.
Gabelli Funds has launched the Gabelli High Income ETF (NYSE: GBHI), focusing on high total returns with an emphasis on current income and capital preservation. Managed by Wayne Plewniak, the ETF primarily invests in upper-tier high yield corporate bonds, targeting an average credit quality of BB- and maintaining a diversified portfolio. To attract investors, Gabelli is waiving the management fee for the first year, after which it will be set at 0.55%. This launch is part of Gabelli's strategy to offer transparent, tax-efficient ETF formats to income-focused investors.
Alpha Modus Financial Services, a subsidiary of Alpha Modus Holdings, Inc. (NASDAQ: AMOD), has entered a multi-year partnership with DolFinTech to integrate check cashing and money-transfer services into its AlphaCash platform. The enhanced AlphaCash ecosystem is set to launch in Q1 2026, aiming to provide financial access to millions of underbanked consumers through mobile apps and in-store kiosks. This collaboration positions Alpha Modus as a fintech operator connecting retail engagement with financial services.
Magic Software (NASDAQ: MGIC) has raised its fiscal year 2025 sales guidance from a range of $600 million-$610 million to $610 million-$620 million, surpassing the previous estimate of $565.6 million. This adjustment reflects a positive outlook for the company's revenue performance.
As of November 18, 2025, two industrial stocks, ZIM Integrated Shipping Services Ltd (NYSE: ZIM) and Babcock & Wilcox Enterprises Inc (NYSE: BW), are highlighted as potential sell candidates due to their overbought status indicated by their RSI values of 73.1 and 70.1, respectively. ZIM's stock has surged 27% over the past month, closing at $17.01, while BW's stock rose 78% in the same period but fell 3.9% to $6.41 on Monday. ZIM is set to release its third-quarter results on November 20, and BW reported strong third-quarter EPS results with a 56% increase in backlog compared to the previous year.