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The fate of two experimental drugs to treat early stage Alzheimer’s sent shares of Biogen on a wild ride this week. Analysts at Truist raised their price target on Lilly (ticker: LLY) to $200 from $182 after the company revealed optimistic results from a stage 2 trial of its donanemab treatment, which was found to slow the decline in cognition and function in Alzheimer’s patients. The new price target implies an 11% gain from the current price. Lilly shares jumped on Monday after the news, but settled back on Tuesday, falling 3.2%. It is up 6.9% this year compared to a 1.3% gain ...

Order Reprints Text size People walking outside a Walmart a store in Washington, D.C. Nicholas Kamm/AFP via Getty Images Walmart stock is rising following the news that the retail giant is pushing into fintech with its latest partnership, the latest in a string of moves diversifying away from its core business. Walmart (ticker: WMT) announced on Monday that it would create a fintech start-up with Ribbit Capital, a backer of Robinhood and Credit Karma. The new company, which will be majority owned by Walmart, aims to “deliver tech-driven financial experiences ...

Citigroup’s Paul Lejuez raised his rating on Signet to Neutral from Sell, and more than doubled his price target, to $40 from $17.

Order Reprints Text size An analyst like Redfin as a company, but believes the stock has gotten too expensive. Stephen Brashear/Getty Images for Redfin Redfin stock has been on an astonishing tear. Shares of the online real estate site have rallied more than 275% since the end of 2019, including a gain of 16% so far in 2021. At least one analyst thinks the time has come to take some profits off the table. BTIG analyst Jake Fuller on Tuesday cut his rating on Redfin (ticker: RDFN) to Neutral from Buy after the stock blew past his now-withdrawn $65 price target. ...

Nopparat Khokthong/Dreamstime.com IAC/InterActiveCorp shares were trading higher Tuesday after the internet holding company announced a strong financial update, and Wall Street responded with positive commentary on the stock. IAC (ticker: IAC) has been issuing monthly financial updates on all of its business lines, and the December update included positive signs from several of its businesses. Most important, the company said that revenue at Vimeo, a provider of cloud-based video editing tools, rose 57%, accelerating from 54% growth in November and 49% in October. Subscrib...