UBS Initiates Coverage On Cano Health with Buy Rating, Announces Price Target of $15
UBS initiates coverage on Cano Health (NYSE:CANO) with a Buy rating and announces Price Target of $15.
40 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Advent Technologies Holdings, Inc. (NASDAQ: ADN) shares jumped 77.7% to $3.5950. Advent Technologies and Hyundai Motor Company entered into technology assessment, sales and development agreement.
Jim Cramer Recommends Buying This Stock Ahead Of Earnings
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Huntington Bancshares Incorporated (NASDAQ: HBAN) very much.
Credit Suisse Maintains Outperform on Cano Health, Lowers Price Target to $13
Credit Suisse analyst Jailendra Singh maintains Cano Health (NYSE:CANO) with a Outperform and lowers the price target from $15 to $13.
68 Biggest Movers From Yesterday
Gainers
Sonim Technologies, Inc. (NASDAQ: SONM) shares jumped 103.3% to settle at $1.22 on Tuesday after the company announced its XP8 smartphone has integrated with the Walkie Talkie in Microsoft Teams.
Mid-Afternoon Market Update: Nasdaq Rises Over 200 Points; ANI Pharmaceuticals Shares Slide
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining 350 points on Tuesday.
12 Health Care Stocks Moving In Monday’s After-Market Session
Gainers
Sigilon Therapeutics (NASDAQ:SGTX) stock rose 15.5% to $1.49 during Monday's after-market session. The market value of their outstanding shares is at $48.1 million.
Cano Health Q4 EPS $(0.12), Sales $492.30M Miss $531.65M Estimate
Cano Health (NYSE:CANO) reported quarterly losses of $(0.12) per share. The company reported quarterly sales of $492.30 million which missed the analyst consensus estimate of $531.65 million by 7.40 percent.
Merger Arbitrage Mondays – Google (GOOG) Acquires Cybersecurity Firm Mandiant (MNDT)
Merger activity declined last week with three new deals announced and five deals completed. Two of the three new deals announced were potential deals in the works. I was surprised to see that four SPAC combinations were terminated. Clearly the SPAC bubble continues to deflate due to unfavorable market conditions.