ConocoPhillips Acquires Marathon Oil to Bring Over $1B in Synergies
ZACKS· 2024-11-26 23:55
ConocoPhillips (COP) recently completed the acquisition of Marathon Oil Corporation, which was initially announced in May, 2024. The acquisition will enhance its deep, durable and diverse portfolio aligned with its strict financial framework. It will bolster COP’s high-quality inventory at low cost alongside its prominent U.S. unconventional assets.Financial Details of COP’s AcquisitionPer the terms of the acquisition deal, the shareholders of Marathon Oil would have the right to receive 0.255 shares of COP ...
Berry Global to Sell Specialty Tapes Business to Nautic for $540M
ZACKS· 2024-11-26 23:55
Berry Global Group, Inc. (BERY) recently entered into a deal to divest its Specialty Tapes business (Tapes) to private equity firm Nautic Partners, LLC (Nautic) for about $540 million.Based in Rhode Island, Nautic is a middle-market private equity firm that specializes in sub-verticals within three key sectors, Healthcare, Industrials and Services. The company partners with executives to drive growth through acquisitions, initiatives and team expansion.The divestment of the Tapes business will help Berry Gl ...
Gilat Satellite (GILT) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2024-11-26 23:55
After reaching an important support level, Gilat Satellite Networks Ltd. (GILT) could be a good stock pick from a technical perspective. GILT recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover inv ...
Simply Good Foods (SMPL) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2024-11-26 23:55
After reaching an important support level, The Simply Good Foods Company (SMPL) could be a good stock pick from a technical perspective. SMPL recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover inv ...
Wall Street Analysts Think Superior Group (SGC) Could Surge 38.15%: Read This Before Placing a Bet
ZACKS· 2024-11-26 23:55
Shares of Superior Group (SGC) have gained 12.1% over the past four weeks to close the last trading session at $16.83, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $23.25 indicates a potential upside of 38.2%.The average comprises four short-term price targets ranging from a low of $21 to a high of $24, with a standard deviation of $1.50. While the lowest estimate indicates a ...
Wall Street Analysts See an 83.56% Upside in Si-Bone (SIBN): Can the Stock Really Move This High?
ZACKS· 2024-11-26 23:55
Si-Bone (SIBN) closed the last trading session at $12.65, gaining 3.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $23.22 indicates an 83.6% upside potential.The mean estimate comprises nine short-term price targets with a standard deviation of $4.44. While the lowest estimate of $18 indicates a 42.3% increase from the current price level, the most optimistic analyst expects th ...
Wall Street Analysts Predict a 56.99% Upside in Simulations Plus (SLP): Here's What You Should Know
ZACKS· 2024-11-26 23:55
Simulations Plus (SLP) closed the last trading session at $32.74, gaining 6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $51.40 indicates a 57% upside potential.The mean estimate comprises five short-term price targets with a standard deviation of $9.76. While the lowest estimate of $39 indicates a 19.1% increase from the current price level, the most optimistic analyst expects ...
Does ANI (ANIP) Have the Potential to Rally 31.31% as Wall Street Analysts Expect?
ZACKS· 2024-11-26 23:55
ANI Pharmaceuticals (ANIP) closed the last trading session at $58.64, gaining 1.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $77 indicates a 31.3% upside potential.The mean estimate comprises five short-term price targets with a standard deviation of $12.39. While the lowest estimate of $62 indicates a 5.7% increase from the current price level, the most optimistic analyst ex ...
Wall Street Analysts See a 126.13% Upside in Liquidia Technologies (LQDA): Can the Stock Really Move This High?
ZACKS· 2024-11-26 23:55
Liquidia Technologies, Inc. (LQDA) closed the last trading session at $11.25, gaining 2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $25.44 indicates a 126.1% upside potential.The mean estimate comprises nine short-term price targets with a standard deviation of $4.90. While the lowest estimate of $17 indicates a 51.1% increase from the current price level, the most optimistic ...
Adaptive Biotechnologies: Making Some Progress
Seeking Alpha· 2024-11-26 23:53
Live Chat on The Biotech Forum has been dominated by discussion of lucrative buy-write or covered call opportunities on selected biotech stocks over the past several months. To see what I and the other season biotech investors are targeting as trading ideas real-time, just join our community at The Biotech Forum by clicking HERE .Today, we are putting Adaptive Biotechnologies Corporation (NASDAQ: ADPT ) in the spotlight for the first time in nine months. In our last article on this diagnostic concern, we pa ...