top stories of 16 October

every morning: the most covered market stories of the past day. by email, on telegram and here.

1. Scotiabank sets price targets on eight US oil and gas producers

   Scotiabank published price targets and ratings on eight North American producers, from $27 a share for Northern Oil to $217 for Gulfport Energy.

   Analyst Rating · Stock · United States — 12 sources

2. Analysts Trim 12-Month Price Targets on Four Stocks

   Average 12-month price targets fell for Equity Bancshares, Helmerich & Payne, ManpowerGroup and PulteGroup, based on estimates from covering analysts this week.

   Analyst Rating · Stock · United States — 10 sources

3. Scotia Capital keeps ratings on six Canadian companies and revises price targets

   Scotia Capital maintained ratings on six Canadian companies and changed price targets for Chorus Aviation, Terravest and Transat AT.

   Analyst Rating · Stock · Canada — 6 sources

4. Venture Global signs frame deals with GE Vernova, Baker Hughes and GE Grid for LNG equipment

   Venture Global agreed frame deals for LNG project power equipment worth up to $17.2 billion, according to Newsmetry API citing an SEC filing dated October 15, 2026.

   Stock · United States · Switzerland — 6 sources

5. Morgan Stanley Raises Price Targets on Five Companies, Including APA and Devon

   Morgan Stanley raised price targets on APA, Antero Resources, Chord Energy, Chipotle Mexican and Devon Energy. Ratings on APA and Antero were maintained.

   Analyst Rating · Stock · United States — 5 sources

6. PNC and Marsh & McLennan beat analyst profit forecasts for the third quarter

   According to Earnings Summary, PNC and Marsh & McLennan topped analyst estimates for adjusted quarterly profit ended September 30, while revenue rose at both firms.

   Earnings · Stock · United States — 5 sources

7. Shenghe Resources and Zhongjin Gold Expect Higher Nine-Month Profits

   Shenghe Resources expects nine-month net profit up 39.7-56.2% year on year, while Zhongjin Gold guides to a 50.1-57.7% increase, per Newsmetry API.

   Earnings · Critical Minerals · Gold · Stock — 5 sources

8. Scotiabank Starts Coverage of EOG, Matador, Murphy Oil and Permian Resources

   Scotiabank initiated coverage of four US oil producers. Three got Sector Perform, Permian Resources got Sector Outperform. Targets set for three.

   Analyst Rating · Stock · United States — 4 sources

9. SUNation Energy files 8-K on direct or off-balance sheet financial obligation

   SUNation Energy (SUNE) filed an 8-K with the SEC on October 15, 2026, on a financial obligation and flagged risks to its going concern and Nasdaq listing.

   Stock · United States — 4 sources

10. Barclays discloses 6.42% total stake in Pennon Group

    Barclays reports a combined 6.42% voting stake in Pennon Group after a 13 October 2026 threshold crossing, up from 5.50%, per a filing published 15 October.

    Ownership · Stock · United Kingdom · Insider Dealing — 5 sources

get it by email →