Apple and Tesla rise after their stock splits and Beyond Meat gets a boost from an analyst upgrade.
. The bank said it expect more food-service operators to add plant-based meat offerings to their menus, and Beyond Meat will get more market share over time both in the U.S. and overseas. The stock has soared more than 75% this year amid a surge in demand.— Shares of the cloud company jumped 5.7% after a host of Wall Street firms initiated coverage on the stock. Goldman Sachs, Barclays, Deutsche Bank, BMO Capital markets and Evercore ISI all gave the company buy-equivalent ratings.
"We expect RXT to sustain 20%+ FCF growth in a consistent manner driven by high single digit sales growth, stable to modestly improving margins and lower capex," Evercore ISI said in a note to clients.— The health care stock popped 7.8% after SVB Leerink said in a note that the company was well positioned for industry competition for treatments for a rare blood disease.
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