--BeyondSpring announc new data on plinabulin for its CIN prevention program 07:05 BYSI
--DoorDash upgraded to Buy at BofA on non-restaurant ordering opportunity 06:43 DASH As previously reported, BofA analyst Michael McGovern upgraded DoorDash to Buy from Neutral with a $255 price target. He expects non-restaurant ordering to help mitigate much of the post-pandemic drop in restaurant ordering, said McGovern, who expects online penetration of grocery, convenience, and alcohol spending to increase to 16% in 2026 from 8% in 2021. In addition, the firm's aggregated credit and debit card data suggest core restaurant spending is holding up better than expected, added McGovern.
--LeMaitre initiated with a Buy at Jefferies 06:17 LMAT Jefferies analyst Anthony Petrone initiated coverage of LeMaitre with a Buy rating and $70 price target.
Piper recommends Lilium for investors 'who like to dream big,' starts at buy 06:04 LILM Piper Sandler analyst Alexander Potter last night initiated coverage of Lilium with an Overweight rating and $17 price target, implying 83% upside. Most investors haven't begun seriously thinking about "flying cars," but regardless, electric vertical takeoff and landing aircraft "are coming, and the sooner investors educate themselves, the better," Potter tells investors in a research note. Lilium won't generate revenue for another few years, and more capital will almost certainly be required, says the analyst. However, Potter believes that for investors "who like to dream big," Lilium could "fundamentally reshape the transportation industry." The company's technology is well-suited to regional trips of distance around 100 miles, says Potter.
Weber CEO: Q3 was really fantastic 18:38 WEBR In an interview on CNBC's Mad Money, Chris Scherzinger said Weber is seeing massive year-over-year growth. The new Weber Traveler grill is off to a "rock star" start and the company can barely keep up with demand, he added. According to Scherzinger, macro trends favor the company. The millennial generation is a great tailwind for Weber. Weber generates strong cash flow and that will take care of the company's debt and lead to new opportunities, he said.