SNB Capital on Monday decreased the price target for petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic, to 59.80 Saudi riyals from 64.50 riyals and reiterated its neutral rating.
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KeyBanc Downgrades Roku to Sector Weight From Overweight
Roku (ROKU) has an average rating of buy and mean price target of $151.96, according to analysts polled by FactSet.Price: $141.60, Change: $-2.06, Percent Change: -1.43%
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Jefferies Downgrades Roku to Hold From Buy, $160 Price Target
Roku (ROKU) has an average rating of buy and mean price target of $151.96, according to analysts polled by FactSet.Price: $142.12, Change: $-1.54, Percent Change: -1.07%
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Update: BofA Downgrades Runway to Underperform From Neutral, Cuts Price Target to $5.50 From $9
(Updated to include BofA's commentary)BofA Securities downgraded Runway Growth Finance (RWAY) to underperform from neutral, expecting profitability to continue to "disappoint."The current earnings deterioration in Q1, rising non-accruals, and lower NAV/share, amplified by the challenging operating backdrop for technology/software credit and large position sizes, analyst Derek Hewet wrote in a Monday note.Runway Growth Finance has an average rating of overweight and mean price target of $8.34, according to analysts polled by FactSet.Price: $5.83, Change: $-0.20, Percent Change: -3.30%
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