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MSFT

Microsoft

$255.73 /

+2.37 (+0.94%)

, NUAN

Nuance

$45.59 /

+0.38 (+0.84%)

20:05
04/11/21
04/11
20:05
04/11/21
20:05

Fly Intel: Top five weekend stock stories

Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Microsoft (MSFT) is in advanced talks to buy Nuance Communications (NUAN) in a deal with an equity value of about $16B, or about $56 per share, reported Bloomberg's Liana Baker, Kiel Porter, and Dina Bass, citing people familiar with the matter. Microsoft and Nuance have collaborated since 2019, noted the report, which added that an agreement could be announced as soon as this week. 2. DiaSorin SpA (DSRLF) announced that its Board of Directors has unanimously approved and signed a definitive merger agreement for DiaSorin to acquire Luminex (LMNX) for a price of $37 per share in an all-cash transaction. This corresponds to a total equity value of approximately $1.8B on a fully diluted basis and an enterprise value of approximately $1.8B. Following the acquisition, the combined entity will have combined 2020 revenues of approximately EUR 1.25B, adjusted EBITDA of approximately EUR 472M, and positive Net Financial Position of approximately EUR 335M. The transaction is expected to close within the third quarter of 2021 and is subject to Luminex shareholder approval and to other customary closing conditions, including the satisfaction of antitrust and CFIUS regulatory requirements. The transaction will be immediately accretive to DiaSorin's earnings per share following closing of the transaction and will generate an attractive return on invested capital profile. The combination is also anticipated to result in cost synergies of approximately $55M within 3 years after closing. 3. The next few months should be boom times for retailers as stimulus checks pump up the economy, but consumers aren't shopping the way they used to as they are souring on credit, and they are increasingly likely to shop online with a digital wallet rather than pull out cash in a store, Daren Fonda wrote in this week's edition of Barron's. The trends are fueling the "buy now, pay later," and they could lift the shares of Affirm Holdings (AFRM), added the author. 4. Legendary and AT&T (T) subsidiary Warner Bros.' "Godzilla vs. Kong" stayed number 1 in its second outing with an estimated $13.4M from 3,084 locations for a domestic cume of $69.5M and a global total of about $360M. The movie is expected to pass up "Tenet" at $365M worldwide sometime this week to rank as the top-grossing during this pandemic. 5. II-VI (IIVI) and Goldman Sachs (GS) saw positive mentions in this week's edition of Barron's, while Carnival (CCL), Norwegian Cruise Line Holdings (NCLH), Royal Caribbean Group (RCL), and Credit Suisse (CS) were mentioned cautiously.

MSFT

Microsoft

$255.73 /

+2.37 (+0.94%)

NUAN

Nuance

$45.59 /

+0.38 (+0.84%)

DSRLF

DiaSorin SpA

$165.82 /

+0.8151 (+0.49%)

LMNX

Luminex

$32.92 /

+0.64 (+1.98%)

AFRM

Affirm

$70.60 /

+0.81 (+1.16%)

T

AT&T

$30.04 /

+0.04 (+0.13%)

IIVI

II-VI

$76.26 /

+0.04 (+0.05%)

GS

Goldman Sachs

$330.85 /

-0.13 (-0.04%)

CCL

Carnival

$29.30 /

+0.73 (+2.56%)

NCLH

Norwegian Cruise Line

$30.53 /

-0.08 (-0.26%)

RCL

Royal Caribbean

$89.86 /

+0.08 (+0.09%)

CS

Credit Suisse

$10.64 /

-0.305 (-2.79%)

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MSFT Microsoft
$255.73 /

+2.37 (+0.94%)

04/09/21 BTIG
Okta upgraded to Buy from Neutral at BTIG
04/08/21 Morgan Stanley
CIO survey provides strong data points for Microsoft, says Morgan Stanley
04/05/21
Fly Intel: Top five analyst initiations
04/05/21 Credit Suisse
Microsoft assumed with an Outperform at Credit Suisse
NUAN Nuance
$45.59 /

+0.38 (+0.84%)

03/10/21 Wedbush
Nuance added to Best Ideas List at Wedbush
03/08/21 Morgan Stanley
Software industry rating raised to Attractive from In-Line at Morgan Stanley
02/09/21 Craig-Hallum
Nuance price target raised to $58 from $41 at Craig-Hallum
01/21/21 Barclays
Nuance price target raised to $60 from $47 at Barclays
DSRLF DiaSorin SpA
$165.82 /

+0.8151 (+0.49%)

03/24/21 Berenberg
DiaSorin SpA price target lowered to EUR 150 from EUR 180 at Berenberg
03/18/21 Morgan Stanley
DiaSorin SpA downgraded to Underweight from Equal Weight at Morgan Stanley
12/10/20 Exane BNP Paribas
DiaSorin SpA price target raised to EUR 145 from EUR 135 at Exane BNP Paribas
12/10/20 Kepler Cheuvreux
DiaSorin SpA upgraded to Buy from Hold at Kepler Cheuvreux
LMNX Luminex
$32.92 /

+0.64 (+1.98%)

02/18/21 Piper Sandler
Luminex shares are undervalued, says Piper Sandler
12/17/20 BTIG
Illumina upgraded to Buy from Neutral at BTIG
11/09/20 Piper Sandler
Buy companies with COVID-19 tests on today's selloff, says Piper Sandler
11/06/20 Piper Sandler
Luminex's new product launches can drive long-term growth, says Piper Sandler
AFRM Affirm
$70.60 /

+0.81 (+1.16%)

03/25/21 BofA
Affirm initiated with a Neutral at BofA
03/17/21 Wedbush
LendingClub price target raised to $20.50 from $14 at Wedbush
03/17/21 Deutsche Bank
Affirm price target lowered to $92 from $120 at Deutsche Bank
02/16/21 Barclays
Affirm price target raised to $148 from $132 at Barclays
T AT&T
$30.04 /

+0.04 (+0.13%)

03/10/21 RBC Capital
Fortinet price target raised to $175 from $162 at RBC Capital
03/10/21 DA Davidson
Fortinet price target raised to $200 from $180 at DA Davidson
03/10/21 BTIG
Fortinet price target raised to $205 from $183 at BTIG
03/05/21 JPMorgan
JPMorgan sees AT&T rallying into analyst meeting, but not after
IIVI II-VI
$76.26 /

+0.04 (+0.05%)

03/30/21 Canaccord
II-VI price target lowered to $125 from $152 at Canaccord
03/26/21 Northland
NeoPhotonics deal 'makes more sense than ever' for Lumentum, says Northland
03/26/21 Cowen
II-VI weakness on deal announcement a buying opportunity, says Cowen
03/26/21 B. Riley
II-VI upgraded to Buy from Neutral at B. Riley Securities
GS Goldman Sachs
$330.85 /

-0.13 (-0.04%)

04/09/21 JMP Securities
Goldman Sachs price target raised to $400 from $338 at JMP Securities
04/08/21 Citi
Goldman Sachs price target raised to $390 from $370 at Citi
04/07/21 Barclays
Goldman Sachs price target raised to $420 from $392 at Barclays
04/01/21
Fly Intel: Top five analyst downgrades
CCL Carnival
$29.30 /

+0.73 (+2.56%)

04/09/21
Fly Intel: Top five analyst upgrades
04/09/21 Argus
Carnival upgraded to Buy from Hold at Argus sees 'strong' pent-up cruise demand
04/09/21 Argus
Carnival upgraded to Buy from Hold at Argus
04/09/21 Credit Suisse
Carnival upgraded to Outperform from Neutral at Credit Suisse
NCLH Norwegian Cruise Line
$30.53 /

-0.08 (-0.26%)

03/24/21 Stifel
Cruiseline stock selloff 'unwarranted,' says Stifel
03/18/21 UBS
Norwegian Cruise Line price target raised to $32 from $21 at UBS
03/16/21 JPMorgan
Norwegian Cruise Line price target raised to $36 from $33 at JPMorgan
03/12/21 Truist
Norwegian Cruise Line price target raised to $25 from $20 at Truist
RCL Royal Caribbean
$89.86 /

+0.08 (+0.09%)

03/18/21 UBS
Royal Caribbean price target raised to $116 from $79 at UBS
03/16/21 JPMorgan
Royal Caribbean price target raised to $110 from $100 at JPMorgan
03/12/21 Truist
Royal Caribbean price target raised to $68 from $48 at Truist
CS Credit Suisse
$10.64 /

-0.305 (-2.79%)

04/09/21
Fly Intel: Top five analyst downgrades
04/09/21 Morgan Stanley
Credit Suisse downgraded to Equal Weight from Overweight at Morgan Stanley
04/07/21 RBC Capital
Credit Suisse price target lowered to CHF 11 from CHF 14.50 at RBC Capital
04/07/21 Exane BNP Paribas
Credit Suisse downgraded to Neutral from Outperform at Exane BNP Paribas

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