2022-05-23 07:32:32 LTCH Latch
05/23/22 05/2307:32 05/23/2207:32 | Latch workforce redaction a net positive, says William BlairWilliam Blair analyst Stephen Sheldon keeps an Outperform rating on Latch after the company announced that it had reduced the size of its workforce by 28% to better align its cost structure with the near-term sales outlook and the challenging macroeconomic environment. He views the workforce reduction as a net positive for the company while adding that there "are always risks with an announcement like this. Latch's market value is now just slightly above its net cash position, and this announcement should alleviate some fear about the company's ability to ride out near-term choppiness, Sheldon tells investors in a research note. |
|
---|
Recommendations
|
Alibaba price target lowered to $172 from $176 at Citi »
06:26 07/05/22 07/0506:26 07/05/2206:26
BABA
Alibaba
Citi analyst Alicia Yap… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
AstraZeneca to acquire TeneoTwo and its clinical-stage T-cell engager »
06:24 07/05/22 07/0506:24 07/05/2206:24
AZN
AstraZeneca
AstraZeneca announced an… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
BOC Aviation downgraded to Hold from Outperform at Daiwa »
06:23 07/05/22 07/0506:23 07/05/2206:23
BCVVF
BOC Aviation
Daiwa analyst Kelvin Lau… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
PBF Energy price target raised to $27 from $25 at Barclays »
06:22 07/05/22 07/0506:22 07/05/2206:22
PBF
PBF Energy
Barclays analyst Theresa… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Ligand price target lowered to $157 from $165 at Barclays »
06:21 07/05/22 07/0506:21 07/05/2206:21
LGND
Ligand
Barclays analyst Balaji… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Horizon Therapeutics price target lowered to $137 from $139 at UBS »
06:20 07/05/22 07/0506:20 07/05/2206:20
HZNP
Horizon Therapeutics
UBS analyst Ashwani Verma… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
HF Sinclair price target raised to $51 from $38 at Barclays »
06:20 07/05/22 07/0506:20 07/05/2206:20
DINO
HF Sinclair
Barclays analyst Theresa… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Constellation Brands price target raised to $281 from $272 at Barclays »
06:19 07/05/22 07/0506:19 07/05/2206:19
STZ
Constellation Brands
Barclays analyst Lauren… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Snap price target lowered to $20 from $42 at Barclays »
06:18 07/05/22 07/0506:18 07/05/2206:18
SNAP
Snap
Barclays analyst Ross… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Pinterest price target lowered to $20 from $24 at Barclays »
06:18 07/05/22 07/0506:18 07/05/2206:18
PINS
Barclays analyst Ross… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Brown & Brown completes acquisition of Global Risk Partners »
06:18 07/05/22 07/0506:18 07/05/2206:18
BRO
Brown & Brown
Brown & Brown… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Meta Platforms price target lowered to $280 from $370 at Barclays »
06:18 07/05/22 07/0506:18 07/05/2206:18
META
Meta Platforms
Barclays analyst Ross… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Alphabet price target lowered to $3,000 from $3,200 at Barclays »
06:17 07/05/22 07/0506:17 07/05/2206:17
GOOGL
Alphabet Class A
Alphabet
Barclays analyst Ross… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
Aegon downgraded to Underperform at Exane BNP Paribas following outperformance »
06:17 07/05/22 07/0506:17 07/05/2206:17
AEG
Aegon
Exane BNP Paribas analyst… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Hertz price target lowered to $21 from $23 at Barclays »
06:14 07/05/22 07/0506:14 07/05/2206:14
HTZ
Hertz
Barclays analyst Brian… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Avis Budget price target lowered to $158 from $223 at Barclays »
06:14 07/05/22 07/0506:14 07/05/2206:14
CAR
Avis Budget
Barclays analyst Brian… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
ISS recommends Healthcare Realty Trust shareholders to vote "FOR" »
06:13 07/05/22 07/0506:13 07/05/2206:13
HR
Healthcare Realty Trust
Healthcare Realty Trust… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
Burberry downgraded to Neutral at Exane BNP Paribas after valuation correction »
06:13 07/05/22 07/0506:13 07/05/2206:13
BURBY
Burberry
Exane BNP Paribas analyst… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Telus investing $23B across Ontario from 2022 to 2026 »
06:12 07/05/22 07/0506:12 07/05/2206:12
TU
Telus
TELUS announced today the… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Symbotic initiated with a Buy at Needham »
06:12 07/05/22 07/0506:12 07/05/2206:12
SYM
Symbotic
Needham analyst James… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Warner Music price target lowered to $33 from $37 at Barclays »
06:12 07/05/22 07/0506:12 07/05/2206:12
WMG
Warner Music
Barclays analyst Kannan… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Cowen acquisition could be accretive to TD, says Piper Sandler »
06:11 07/05/22 07/0506:11 07/05/2206:11
COWN
Cowen Group
Toronto-Dominion
Piper Sandler analyst… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Armada Hoffler completes $24M retail sale at 4% exit cap rate »
06:10 07/05/22 07/0506:10 07/05/2206:10
AHH
Armada Hoffler
Armada Hoffler announced… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
New Fortress Energy signs partnership agreement with Pemex »
06:10 07/05/22 07/0506:10 07/05/2206:10
NFE
New Fortress Energy
New Fortress Energy… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Healthcare Trust reports highest levels of new leases »
06:09 07/05/22 07/0506:09 07/05/2206:09
HTA
Healthcare Trust
Healthcare Trust signed… Story temporarily locked. ShowHide Related Items >><<
|