IVZ Maintained by Evercore ISI Group -- Price Target Raised to $

Evercore ISI raised Alphabet's (GOOGL) price target to $450 from $420, citing a proprietary survey. The survey shows Google's search engine market share at 78%, up from a low of 70% in 2024-2025. Gemini's share also increased, narrowing the gap with ChatGPT to 3 points.

Several sectors, including asset managers, semiconductor stocks, and silver miners, experienced significant declines following Fed Chair Kevin Warsh's press conference. ON Semiconductor (NASDAQ:ON) led the drop, falling 6%, while Boeing (NYSE:BA) weighed on the Dow. Economists are divided on future rate hikes, with some expecting more hikes and others predicting easing next year.

Invesco's Ian Hargreaves, co-head of Asian and emerging market equities, will retire on 31 March 2027. Leadership changes will occur across his funds, including Invesco Asia Dragon. Hargreaves delivered a 340.7% total return since 2004, outperforming peers. William Lam and Charles Bond will take over leadership roles.

Evercore ISI Group analyst Cory Kasimov maintained an 'Outperform' rating on Scholar Rock Holding Corp (SRRK) and raised the price target from $65.00 to $72.00, a 10.77% increase. SRRK's current price is $47.34 with a market cap of $5.77 billion. The company's GF Score™ is 29/100, indicating room for improvement in financial metrics. Insider activity shows $923,107 in sales over the last three months. The company focuses on biotechnology, developing therapies for rare neuromuscular diseases.

Evercore ISI Group maintained an In-Line rating for Conagra Brands (CAG) but lowered its price target from $13.00 to $12.50, a 3.85% decrease. GuruFocus values CAG at $24.66, suggesting a 40.8% undervaluation, but warns of a potential value trap. The company has a GF Score of 58/100, indicating moderate performance. 11 gurus hold CAG, with 9 increasing their positions.

Evercore ISI Group maintained an 'Outperform' rating for Kroger (KR) but lowered its price target from $75.00 to $70.00. According to GuruFocus, KR is 12.0% undervalued with a GF Value™ of $67.86. The company has a GF Score™ of 77/100, indicating solid performance. Insiders sold $1.76M in shares over the past three months.