Pre-Open Stock Movers 05/20: (SURF) (ALDX) (INO) Higher; (PYX) (FSCT) (VNRX) Lower (more...)

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Becton Dickinson (BDX) Prices $1.5B Common Share Offering at $240/Sh; Announces Pricing of $1.5B Mandatory Convertible Preferred Shares

May 21, 2020 5:49 AM EDT

BD (NYSE: BDX) announced today that it has priced its previously announced registered offerings of $1.5 billion of common stock, par value $1.00 per share, at a public offering price of $240.00 per share, and $1.5 billion of depositary shares, each representing a 1/20th interest in a share of 6.00% Mandatory Convertible Preferred Stock, Series B, par value $1.00 per share, at a public offering price of $50.00 per share. Pursuant to the offerings, BD has granted the underwriters an option to purchase from BD up to an additional $225 million of common stock and up to an additional $225 million... More

Costar Group (CSGP) Prices 2.3M Share Upsized Common Offering at $655/Sh

May 21, 2020 5:43 AM EDT

CoStar Group, Inc. (NASDAQ: CSGP) announced today that it has upsized and priced its offering of 2,290,076 shares of its common stock at a price of $655.00 and granted the underwriters in the offering a 30-day option to purchase up to an additional 343,511... More

Lowe's (LOW) PT Raised to $130 at KeyBanc

May 20, 2020 4:05 PM EDT

KeyBanc analyst Bradley Thomas raised the price target on Lowe's (NYSE: LOW) to $130.00 (from $125.00) while maintaining a Overweight rating.

The analyst comments "1Q comps and EPS were above expectations, benefiting from strong sales growth, gross margin, and expense leverage. As we have... More

Lowe's (LOW) PT Raised to $140 at Loop Capital Following Results

May 20, 2020 10:34 AM EDT

Loop Capital analyst Laura Champine raised the price target on Lowe's (NYSE: LOW) to $140.00 (from $105.00) while maintaining a Buy rating following results.

'Serious Sales Momentum Pushes or PT Higher'... More