3 Rumors Lighting Up Trading Screens Today
- Unity Software Inc. (U) Misses Q1 EPS by 92c, Revenue Beats, Offers Guidance
- Shift4 Payments (FOUR) PT Lowered to $100 at Evercore ISI, '#4 Top Pick'
- Kinetik Holdings (KNTK) to Acquire Durango
- Sweetgreen, Inc (SG) Misses Q1 EPS by 5c, Offers Guidance
- Roblox (RBLX) stock plunges as it cuts annual bookings forecast, Q2 bookings outlook misses consensus
- Midday movers: Novavax, Nvidia, Sweetgreen rise; Moderna, Yelp fall
- After-hours movers: Akamai Technologies, Unity, Macrogenics and more
- Midday movers: Roblox, Airbnb fall; Trade Desk, AppLovin and Bumble rise
- After-hours movers: Robinhood, AppLovin rise; Airbnb, Arm fall, and more
- Midday movers: Uber, Rivian, Twilio fall; Reddit and Arista rise
Jefferies sees up to 90% chance Horizon Therapeutics (HZNP) gets acquired, with $125 base case
December 1, 2022 11:06 AM ESTJefferies analyst Akash Tewari was the latest Wall Street analyst to weigh in on the takeover prospects of Horizon Therapeutics (NASDAQ: HZNP) after the company announced Tuesday that it is in preliminary talks with three large pharmaceutical companies about a potential buyout.
Tewari is positive on the prospects of a deal and sees one happening in the $25-$30 billion range, which he also said does not bake in Tepezza peak sales of $4 billion.
The analyst said the... More