Derick Hudson HubSpot (NYSE:HUBS) had its Buy rating reiterated on Thursday by Bank of America after its stock price plunged 12% on Wednesday over news that Alphabet (GOOG)(GOOGL) decided against acquiring the company. “The stock is now trading at a level consistent with the after-hours price following the disappointing revenueContinue Reading
zorazhuang/iStock via Getty Images Western Midstream Partners (NYSE:WES) -0.4% in Wednesday’s trading as Stifel downgrades units to Hold from Buy with a $39 price target, saying that while continuing to favor Western’s return of capital strategy and asset footprint, it believes the outlook is reflected in the current valuation. StifelContinue Reading
Black_Kira/iStock via Getty Images Fluence Energy (NASDAQ:FLNC) +2.1% in Wednesday’s trading as Truist Securities initiated coverage with a Buy recommendation and $25 price target, saying the energy storage company is “well positioned to drive outsized growth via its improving economies of scale/supply chain position and differentiated tech.” Further, Truist analystContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Argus has upgraded Teva (NYSE:TEVA) to buy, citing valuation and the approval of several new products. “After several years of challenges, Teva appears to have steadied its ship, launching a range of new drugs and achieving margin growth across all of its three primary businessContinue Reading
Leon Neal/Getty Images News BP (NYSE:BP) will invest 353M yuan (~$48.5M) to acquire a 15% stake in Chinese renewable diesel and sustainable aviation fuel producer Lianyungang Jiaao New Energy, S&P Global reported Wednesday. Parent company Jiaao Enprotech has 100K metric tons/year of SAF capacity, and the deal comes amid risingContinue Reading
sasacvetkovic33/E+ via Getty Images Diversified Energy (OTCQX:DEC) said Wednesday it agreed to acquire east Texas natural gas properties and related facilities from Crescent Pass Energy in an all-stock deal valued at ~$106M. Diversified Energy (OTCQX:DEC) said the assets include 827 net operated PDP wells that are expected to add 38MContinue Reading
Spencer Platt/Getty Images News Honeywell (NASDAQ:HON) said Wednesday it agreed to acquire Air Products’ (APD) liquefied natural gas process technology and equipment business for $1.81B in cash, allowing it to expand its offerings as the share of liquefied natural gas in the global gas supply continues to grow. Honeywell (HON)Continue Reading
U.Today – ‘s trading volume made a huge comeback that not many expected since the market’s sentiment remains suppressed. However, numerous altcoins saw inflows from larger institutional investors, and the improvement of the market sentiment is a great sign. Increased interest in and activity on the Bitcoin market can beContinue Reading
xbrchx/iStock via Getty Images MarineMax (NYSE:HZO) rose 4% in after hours trading after Island Capital Group offered to buy a 100% interest in the company’s yachting and marina business. Island Capital Group, which is run by Andrew L. Farkas, who sold the YRMS business to MarineMax (HZO) in 2022 forContinue Reading
The stock rose 1.28% to $87.73 during midday trading. The stock had lost 8.84% in value in the last 12 months. The research firm said that it was raising its EPS expectations from $3.24 to $3.54 for 2024 and from $4.10 to $4.60 for 2025. Vertical also raised its priceContinue Reading
