Bill Mccoll

Jefferies analysts boosted their price target for Planet Fitness, calling the gym operator the "Walmart of Gyms" because of its expansive size and low prices.

Key Takeaways Jabil exceeded profit and sales estimates in the first quarter since announcing a restructuring. The company credits the results on increased end-markets demand for its cloud, data center infrastructure, and digital commerce products. Jabil raised its full-year earnings and revenue guidance.

In This Article HEI-A Pavlo Gonchar / SOPA Images / LightRocket via Getty Images Key Takeaways

Key Takeaways Toro reported lower-than-expected sales and guidance as it faced a difficult economic environment. The lawnmower and other outdoor equipment maker's adjusted profit was in line with forecasts, but net income came up short. Toro's full-year outlooks for adjusted EPS and revenue were below analysts' estimates.

In This Article StockStory Top Pick NVDA GIS JBL ^GSPC

Key Takeaways Jefferies initiated a "buy" rating on Rocket Pharmaceuticals based on the biotech firm's experimental gene therapies. Jefferies also set a price target of $29. The analysts said they were especially optimistic about Rocket's treatment for a rare genetic heart condition, which they believe could be a $1 billion opportunity for the company.

In This Article LEN-B Igor Golovniov / SOPA Images / LightRocket via Getty Images Key Takeaways

Key Takeaways CarMax reported better-than-expected third-quarter results as lower prices helped boost demand. Retail unit sales gained 5.4% year-over-year, and wholesale sales grew 6.3%. CEO Bill Nash said used vehicle valuations have become more stable.

Major U.S. indexes rallied at midday Thursday, rebounding from Wednesday's selloff as a report showed the U.S. economy expanded more than anticipated in the third quarter.

Micron Technology shares tanked Thursday after the chipmaker warned about near-term demand issues.