Category: Ideas

On Tuesday, Coherus BioSciences, Inc. (NASDAQ:CHRS) entered into an asset purchase agreement with Intas Pharmaceuticals Ltd for the divestiture of the Udenyca (pegfilgrastim-cbqv) franchise for up to $558.4 million. The deal consideration includes an upfront payment of $483.4 million, to be adjusted for inventory at the close, and $75 million in potential net sales milestone payments. Coherus…

Apple Inc. (NASDAQ:AAPL) shares closed slightly higher on Tuesday. Apple is reportedly changing its approach to software updates. The tech giant appears to be opting for staggered rollouts of new features instead of bundling everything into annual iOS releases. In his latest weekly “Power On” newsletter, Bloomberg columnist Mark Gurman said that Cupertino plans a…

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Loop Capital cut the price target for Warner Music Group Corp. (NASDAQ:WMG) from $38 to $35. Loop Capital analyst Alan Gould maintained a Hold rating.…

Agilent Technologies, Inc. (NYSE:A) will release earnings results for the fourth quarter, after the closing bell, on Monday, Nov. 25. Analysts expect the Santa Clara, California-based company to report quarterly earnings at $1.41 per share. That’s up from $1.38 per share in the year-ago period. Agilent projects to report quarterly revenue of $1.67 billion, compared…

The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better…

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information…

The Home Depot, Inc. (NYSE:HD) is trading higher after posting strong earnings. The company reported $3.78 per share on revenues of $40.22 billion. Both of these were higher than estimates. Home Depot also said it is projecting comparable sales to fall by 2.5%, instead of the previously anticipated 3% to 4%. In addition to these strong…

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through…

After Donald Trump‘s decisive win in the 2024 U.S. presidential election, Wall Street reacted strongly, particularly in the financial sector. The Financial Select Sector SPDR Fund (NYSE:XLF) rose 4.84%, while the Vanguard Financials Index Fund ETF (NYSE:VFH) gained 5.33% in early Wednesday trading. Meanwhile, the S&P 500-tracking SPDR S&P 500 ETF Trust (NYSE:SPY), the iShares Core S&P 500…

As of Nov. 1, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go…