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Wells Fargo Adjusts Sherwin-Williams Price Target to $350 From $365, Maintains Equal Weight Rating

Sherwin-Williams (SHW) has an average rating of overweight and mean price target of $383.45, according to analysts polled by FactSet.Price: $317.80, Change: $-6.47, Percent Change: -2.00%

$SHW

Wire146d ago

Barclays Adjusts Price Target on Allegion Public to $161 From $165, Maintains Equalweight Rating

Allegion Public (ALLE) has an average rating of overweight and mean price target of $167.36, according to analysts polled by FactSet.Price: $139.24, Change: $+1.38, Percent Change: +1.00%

$ALLE

Wire146d ago

Goldman Sachs Adjusts Price Target on Allegion Public to $176 From $187, Maintains Buy Rating

Allegion Public (ALLE) has an average rating of overweight and mean price target of $167.36, according to analysts polled by FactSet.Price: $139.24, Change: $+1.38, Percent Change: +1.00%

$ALLE

Wire146d ago

Redwood Trust, Castlelake Form Joint Venture to Purchase Prime Jumbo Mortgage Loans

Redwood Trust (RWT) and Castlelake have agreed to form a joint venture to purchase up to $8 billion of prime jumbo mortgage loans, Castlelake said on Wednesday.Under the joint venture, Redwood's Sequoia platform will source, aggregate, and diligence loans that meet defined eligibility criteria, Castlelake said.Financial details related to the joint venture were not disclosed.Shares of Redwood Trust were down 2.2% in Wednesday trading.Price: $5.63, Change: $-0.12, Percent Change: -2.09%

$RWT

Wire146d ago

Terra Innovatum, Conuar Collaborate to Advance SOLO Reactor Manufacturing

Terra Innovatum Global (NKLR) said Wednesday it entered into a collaboration deal with nuclear fuel and alloy manufacturer Conuar to advance fabrication methods to support the scaled deployment of its SOLO reactor platform.The agreement focuses on the development and standardization of manufacturing processes for structural and functional components in zirconium alloys and stainless steel, materials fundamental to reactor core performance.Terra will also use Conuar's expertise in zirconium alloy fabrication to advance constructability studies, the company said.Price: $5.85, Change: $-0.49, Percent Change: -7.73%

$NKLR

Wire146d ago

Ecolab Opens Bioprocessing Applications Lab in Korea

Ecolab (ECL) said Wednesday that it has opened a new bioprocessing applications lab in Dongtan, Korea -- its first such facility in Asia.The facility supports a full range of process development activities, from early-stage testing through studies that replicate manufacturing at scale, the company said. It also enables close collaboration with Ecolab experts to improve purification, boost efficiency, and help bring products to commercial readiness, the company said.Shares of Ecolab fell past 3% in the session.Price: $258.64, Change: $-8.32, Percent Change: -3.12%

$ECL

Wire146d ago

JPMorgan Adjusts Sherwin-Williams Price Target to $365 From $385, Maintains Overweight Rating

Sherwin-Williams (SHW) has an average rating of overweight and mean price target of $383.45, according to analysts polled by FactSet.Price: $318.60, Change: $-5.67, Percent Change: -1.75%

$SHW

Wire146d ago

Mizuho Adjusts Price Target on Universal Health Services to $230 From $267, Maintains Outperform Rating

Universal Health Services (UHS) has an average rating of overweight and mean price target of $228.93, according to analysts polled by FactSet.Price: $167.61, Change: $+5.07, Percent Change: +3.12%

$UHS

Wire146d ago

Lightspeed Commerce Selling Upserve US Hospitality Product Line to Skyview Equity for up to $81 million

Lightspeed Commerce (LSPD) agreed to sell its non-core Upserve US hospitality product line to Skyview Equity forup to $81 million, Lightspeed said WednesdayThe sale, which is structured as a cash payment of up to $44 million, plus up to $37 million in earnout payments, is in line with Lightspeed's strategy to streamline its portfolio and focus on retail in North America and hospitality in Europe, the company said.Lightspeed expects the divestiture to impact the three-year financial outlook it announced in 2025, and said its Q4 and 2026 revenue are set to exceed its previously issued guidance. In February, the company said it expects Q4 revenue of approximately $280 million to $284 million and 2026 revenue of about $1.22 billion.Price: $9.01, Change: $-0.03, Percent Change: -0.39%

$LSPD

Wire146d ago

Tigress Financial Raises Price Target on Boeing to $295 From $290, Maintains Buy Rating

Boeing (BA) has an average rating of overweight and mean price target of $269.68, according to analysts polled by FactSet.Price: $224.51, Change: $-6.21, Percent Change: -2.69%

$BA

Wire146d ago

Merlin to Raise $80 Million of Equity Capital via PIPE Investment

Merlin (MRLN) has entered into a securities purchase deal with a fundamental institutional shareholder to raise $80 million of equity capital through a private investment in public equity, the company said Wednesday.Under the terms of the agreement, the company said it will issue 8 million shares of common stock, and warrants to buy 4 million shares at a strike price of $6.67 per share, with an expiry date of 5 years from the issue date.The company said it plans to use the proceeds to support advancement of core platform development, regulatory approval funding, program capacity scaling, and the execution and expansion of existing and new customer contracts.The transaction is expected to close on or about Friday, Merlin said.Price: $9.45, Change: $-2.12, Percent Change: -18.30%

$MRLN

Wire146d ago

BNP Paribas Adjusts General Motors Price Target to $101 From $100, Maintains Outperform Rating

General Motors (GM) has an average rating of overweight and mean price target of $95.78, according to analysts polled by FactSet.Price: $76.46, Change: $-2.49, Percent Change: -3.15%

$GM

Wire146d ago

Baird Adjusts Price Target on Universal Health Services to $204 From $241, Maintains Neutral Rating

Universal Health Services (UHS) has an average rating of overweight and mean price target of $228.93, according to analysts polled by FactSet.Price: $167.30, Change: $+4.76, Percent Change: +2.93%

$UHS

Wire146d ago

Citigroup Adjusts Price Target on ServiceNow to $158 From $154, Maintains Buy Rating

ServiceNow (NOW) has an average rating of buy and mean price target of $142.83, according to analysts polled by FactSet.Price: $87.65, Change: $-2.84, Percent Change: -3.14%

$NOW

Wire146d ago

Mizuho Adjusts Price Target on Amylyx Pharmaceuticals to $21 From $19, Maintains Outperform Rating

Amylyx Pharmaceuticals (AMLX) has an average rating of buy and mean price target of $23.30, according to analysts polled by FactSet.Price: $15.78, Change: $-0.53, Percent Change: -3.22%

$AMLX

Wire146d ago

B. Riley Adjusts Strategy Price Target to $200 From $188, Maintains Buy Rating

Strategy (MSTR) has an average rating of Buy and mean price target of $316.43, according to analysts polled by FactSet.Price: $160.90, Change: $-4.81, Percent Change: -2.90%

$MSTR

Wire146d ago

B. Riley Adjusts Asset Entities Price Target to $19 From $15, Maintains Buy Rating

Asset Entities (ASST) has an average rating of Buy and mean price target of $25.25, according to analysts polled by FactSet.Price: $14.49, Change: $-0.79, Percent Change: -5.17%

$ASST

Wire146d ago

Guggenheim Adjusts Price Target on Universal Health Services to $211 From $238, Maintains Buy Rating

Universal Health Services (UHS) has an average rating of overweight and mean price target of $228.93, according to analysts polled by FactSet.Price: $167.30, Change: $+4.76, Percent Change: +2.93%

$UHS

Wire146d ago

TD Cowen Adjusts Price Target on Universal Health Services to $230 From $245, Maintains Buy Rating

Universal Health Services (UHS) has an average rating of overweight and mean price target of $228.93, according to analysts polled by FactSet.Price: $167.30, Change: $+4.76, Percent Change: +2.93%

$UHS

Wire146d ago

OppFi to Acquire BNCCORP, BNC National Bank in $130 Million Deal

OppFi (OPFI) has agreed to acquire BNCCORP and its wholly owned unit, BNC National Bank, in a cash-and-stock deal valued at about $130 million, the companies said Wednesday.Under the terms, BNCCORP stockholders will receive $19.375 in cash and 1.90 shares of OppFi class A common stock for each share held. Following the deal, OppFi stockholders will own about 93% of the combined company, while BNCCORP stockholders will hold roughly 7%.The transaction has been unanimously approved by the boards of both companies and is expected to close in Q4, pending BNCCORP stockholder and regulatory approvals, according to a statement.OppFi said the acquisition is expected to be "significantly accretive," with adjusted earnings per share projected to rise more than 25% in 2027 and over 40% in 2028, as well as generate synergies of at least $60 million in the first year after closing and over $115 million in the third year.Separately, BNCCORP said OppFi will become a bank holding company and contribute substantially all assets, liabilities and operations into OppFi Bank, while BNC National Bank will operate as a community banking division within OppFi Bank.Shares of OppFi rose more than 5% in Wednesday trading.Price: $9.48, Change: $+0.47, Percent Change: +5.22%

$OPFI

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