2022-05-25 13:15:22 VVV Valvoline
05/25/22 05/2513:15 05/25/2213:15 | Valvoline tells Reuters 'rigorous process in place,' no decisions have been madeAfter Summer Said and Cara Lombard reported in The Wall Street Journal that Saudi Aramco approached Valvoline about a takeover deal, the company said in a statement to Reuters that there is a "rigorous process in place to determine the optimal path," but that no decisions have been made. In afternoon trading, Valvoline shares remain about 11% higher at $33.03. |
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Meta Platforms price target lowered to $280 from $370 at Barclays »
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Hertz price target lowered to $21 from $23 at Barclays »
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Avis Budget price target lowered to $158 from $223 at Barclays »
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ISS recommends Healthcare Realty Trust shareholders to vote "FOR" »
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Burberry downgraded to Neutral at Exane BNP Paribas after valuation correction »
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Telus investing $23B across Ontario from 2022 to 2026 »
06:12 07/05/22 07/0506:12 07/05/2206:12
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Symbotic initiated with a Buy at Needham »
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Warner Music price target lowered to $33 from $37 at Barclays »
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Cowen acquisition could be accretive to TD, says Piper Sandler »
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Armada Hoffler completes $24M retail sale at 4% exit cap rate »
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Healthcare Trust reports highest levels of new leases »
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Green Mobility Holding to delist Europcar Mobility Group »
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Sernova initiated with a Buy at H.C. Wainwright »
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CareTrust REIT participates in senior secured real estate financing »
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Aveanna downgraded to Hold from Buy at Truist »
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Voyager Digital downgraded to Neutral from Buy at H.C. Wainwright »
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HP Inc. downgraded to In Line from Outperform at Evercore ISI »
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New Fortress Energy and Apollo form a new joint venture in a $2B transaction »
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Anebulo says Phase 2 ANEB-001 clinical trial met primary endpoint »
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Tesla price target lowered to $385 from $395 at JPMorgan »
06:03 07/05/22 07/0506:03 07/05/2206:03
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JPMorgan analyst Ryan… JPMorgan analyst Ryan Brinkman lowered the firm's price target on Tesla to $385 from $395 and keeps an Underweight rating on the shares. The analyst reduced Q2 and 2022 earnings estimates after Tesla over the weekend reported quarterly deliveries of 254,695, "materially less" than the 310,000 delivered in Q1 and the 315,000 units Brinkman forecasted at the time of its Q1 earnings in April. Lower production in Shanghai due to factors outside Tesla's control is likely the largest contributor to the production shortfall pressuring deliveries during the quarter, although there may be reason to believe that production, and Tesla's financial results, could also be impacted by "company-specific execution issues" at its new factories in Austin and Berlin, Brinkman tells investors in a research note. He cut his 2022 earnings per share estimate to $10.80 from $11.50. ShowHide Related Items >><<
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Kohl's end of review process a 'significant' negative, says UBS »
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