Gauzy (NASDAQ:GAUZ) shares rose 9% in premarket trade after Stifel initiated coverage on the company with a Buy rating and a target price of $18. Stifel expects sales growth of 42% in FY24 and FY25, driven by new program wins across all key segments. “We expect new program ramps acrossContinue Reading
U.Today – Japanese publicly traded company Metaplanet Inc. is doubling down on its (BTC) strategy, as the firm just announced a new round of purchases. Metaplanent’s bags bigger now According to the update, Metaplanent bought a total of 20.195 Bitcoin units for an average of 9,903,440 yen per BTC acquired.Continue Reading
Genezen said it will acquire uniQure’s (NASDAQ:QURE) commercial gene therapy operations in Lexington. Under the agreement, Genezen will enter into strategic supply agreements for uniQure’s clinical portfolio and CSL’s commercial HEMGENIX product. The deal will be partly funded by additional growth equity from Ampersand Capital Partners.Continue Reading
Andrew Burton/Getty Images News BlackRock (NYSE:BLK) said Sunday night it agreed to acquire U.K. private markets data provider Preqin for £2.55B (~$3.2B) in cash, a deal it said will add a highly complementary data business to its investment technology. BlackRock (BLK) said combining Preqin’s data and research tools with Aladdin’sContinue Reading
Intuitive Machines (NASDAQ:LUNR) were in focus on Friday as B Riley Securities initiated coverage on the space exploration company with a Buy rating and a 12-month price target of $8. “Intuitive has superior capabilities and trade secrets relative to other competitors also vying for a piece of NASA’s multi-billion-dollar programsContinue Reading
sasacvetkovic33/E+ via Getty Images Crescent Energy (NYSE:CRGY) +1.4% in Thursday’s trading as KeyBanc launches coverage with an Overweight rating and $16 price target, pointing to the pending $2.1B SilverBow acquisition which increases scale and production in the Eagle Ford shale and has clear synergies that can be attained both financiallyContinue Reading
Liens/iStock via Getty Images Denison Mines (NYSE:DNN) +3.2% in Thursday’s trading as Roth MKM initiates coverage with a Buy rating and $2.60 price target, saying the company is well positioned to become a low-cost uranium producer in the coming years and has significant exploration growth potential through its large portfolioContinue Reading
ssuaphoto/iStock via Getty Images SM Energy (NYSE:SM) said Thursday it agreed to acquire oil and gas assets in Utah’s Uinta Basinfrom XCL Resources, a private company backed by EnCap Investments and Rice Investment Group, for $2.55B in cash, confirming earlier speculation. Northern Oil and Gas (NOG) will acquire 20% ofContinue Reading
Sean Hannon/iStock via Getty Images SM Energy (NYSE:SM) is in advanced talks to acquire Utah oil and gas producer XCL Resources, in a deal that would value the privately-held company at ~$3B, Bloomberg reported late Wednesday. SM Energy (SM) reportedly could announce a deal with XCL backers including EnCap InvestmentsContinue Reading
kodda/iStock via Getty Images Targa Resources (NYSE:TRGP) -1.5% in Wednesday’s trading after posting a nearly 10-year high early in the session, as Argus launched coverage with a Buy rating and $140 price target, citing the company’s strong project backlog and plans to buy back shares. Argus analyst John Staszak expectsContinue Reading
