STONED MORNING PRIMER--- INTERESTING ITEMS OF NOTE***
Neptune Wellness receives U.S. EPA Company Number for disinfectant wipes 08:10 NEPT Neptune Wellness is… Story temporarily locked. (NEPT)-- This is a CBD extraction story or so I thought.... Now we are into wipes?
AT&T wants to sell anime-focused Crunchyroll to Sony for $1.5B, The Wrap says » 16:57 SNE,
Revolve is an internet clothes site that I like and have owned off and on for a while. I have missed a huge move off their bottom but I saved some money selling before the Covid crash--
Revolve Group price
target raised to $26 from $17 at Credit Suisse »
Revolve Group reports
Q2 adjusted EPS 18c, consensus 2c »
RVLV: Revolve Group price target
raised to $28 from $21 at Guggenheim »
Bunge named a Fresh Pick at Baird 07:56 BG Baird analyst Ben Kallo named Bunge a Fresh Pick as he believes the company will benefit from macro tailwinds in the second half of 2020. He believes guidance could prove conservative given his expectations for strong exports and improved crush margins. Kallo maintained his
Outperform rating and $54 price target on Bunge shares.
What does Bunge do...? I seem to remember soybeans is that possible?
Fat Brands jumps 175% to $9.71 after agreeing to acquire Johnny Rockets for $25M
Wow what a buy! I mean $25 mil spent for all that market cap! Brilliant. Is this Fat Burger i wonder?
BioCryst CFO buys 54K shares of common stock » 16:34 BCRX Who Cares I'm so sick of this stock Yes I still own it Dawg!
NJ sports betting up, iGaming revenue still strong, says Craig-Hallum 15:03 DKNG, GAN, SGMS Craig-Hallum analyst Ryan Sigdahl says that New Jersey sports betting revenue was up 134% month-over-month and "surprisingly" up 65% year-over-year as the MLB resumed and the first several NBA games were played at the end of the month. Online casino games such as blackjack, roulette and slots revenue in New Jersey remained "very strong" in July, growing 3% month-over-month, Sigdahl adds, pointing out that he believes this will further encourage prospective states to legalize iGaming as budget deficits increase and traditional casino tax revenue is severely impacted. The analyst has Buy ratings on DraftKings (DKNG), Gan Limited (GAN) and Scientific Games (SGMS).
I watched a B Ball game last night and really enjoyed it. The NBA is Ok without fans.
The NFL though, that's a different story and how is fair the Cowboys are going to have fans and the Giants are not! ....
Carrier Global price target
raised to $34 from $28 at Argus 07:59 CARR Argus analyst John Eade raised the firm's price target on Carrier Global to $34 from $28 and keeps a Buy rating on the shares. The analyst is citing the company's exposure to HVAC, refrigeration, fire, security and building automation technologies. Eade also notes that the implied valuation of his new price target for Carrier Global remains attractive at 19-times his expected FY21 earnings, which he sees as a discount to its peer group.
Apple may delay iPhone 12 launch until October, TNW reports » 07:27 AAPL
Van Get That Short Ready!!
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GM Biopharmaceuticals' four pipeline programs underappreciated, says Piper 20:57 NGM Piper Sandler analyst Yasmeen Rahimi keeps his Overweight rating and
$30 price target on NGM Biopharmaceuticals after its Q2 results. The analyst is positive on the company disclosing a "totality of progress" in its enriched development pipeline along with its specific upcoming catalysts. Rahimi adds that at "only" $1.28B market cap, investors are underappreciating NGM's four distinct pipeline programs in liver, metabolic, ophthalmology and cancer.