The stock’s average price target of $21.49 suggests a 45% upside from the current share price of $14.83. All statements in this release that are not based on historical fact are “forward looking statements.” These statements may be identified by words such as “estimates,” “anticipates,” “projects,” “plans,” “strategy,” “goal,” or “planned,” “seeks,” “may,” “will,” “expects,” “intends,” “believes,” “should,” and similar expressions, or the negative versions thereof, and which also may be identified by their context. About the Orion Visual Cortical Prosthesis System. On Wednesday, Mittermaier said positive news this month on potential vaccines has already prompted a "rapid re-rating" of GE's stock, but he expected "further upside with the debate ultimately returning to where we left it off in February," he wrote in a research report to clients, given an upbeat outlook on free cash flow, aggressive debt pay downs and a vaccine-levered recovery in aviation, among other things. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. It is very important to do your own analysis before making any investment. AT&T's net debt-to-EBITDA ratio was ~2.66x at the end of the quarter, indicating a manageable level of debt. More information is available at www.secondsight.com. However, early clinical experience suggests that DM199 has the potential to improve both eGFR and proteinuria which would be a significant upside case to our assumptions. “Once the dust settles, we’re back to business as usual with all medium to long-term bullish indicators still in play.”Proponents of digital assets say the current focus on cryptocurrencies compared with three years ago is different because of growing institutional interest, for instance from the likes of Fidelity Investments and JPMorgan Chase & Co.Just this week, Van Eck Associates Corp. launched a Bitcoin exchange-traded note on the Deutsche Boerse Xetra exchange. To this end, Tandon rates TREE a Buy, and sets a $375 price target. T: 949-385-6449
The company will lay off approximately 84 of its 108 employees effective March 31, 2020. The shift to the new system could curb the total supply of Ether, whose price has quadrupled so far this year.Luno’s Ayyar said he expects Bitcoin to stabilize and achieve all-time highs.
Plus, AT&T has increased its dividend for over 30 years in a row.The stock is also significantly undervalued in our view, trading at a forward P/E ratio of 8.9 compared with our fair value estimate of 11. We believe it could lead to a healthier long-term prosperity for a social app,” Chiang noted.Chiang sets a $25 price target here, indicating a possible 68% upside potential, to go along with his Buy rating. GE's stock rose 0.6% in afternoon trading, putting it on track to close at the highest price since March 4. CFX has strong brands and franchises… and an underappreciated productivity opportunity with primary end market bounce back in Fab Tech and demand spikes in Med Tech.”Tusa backs his upbeat comments with an Overweight (i.e. Additional layoffs are expected to be made at a later date based on the Company’s level of operations. (To watch Tandon’s track record, click here)LendingTree has a unanimous Strong Buy analyst consensus rating, based on 6 Buy reviews set in recent week. Revenue was up year-over-year, rising 80% to reach $62.6 million. Second Sight further announced that the Board of Directors appointed Matthew Pfeffer, a member of the Board and Chairman of the Audit Committee of the Board, as acting Chief Executive Officer to guide the company through the transitional wind down period, instead of Gregg Williams, Chairman of the Board, as was previously announced. (See CFX stock analysis on TipRanks)Beyond Meat (BYND)Last on today’s list of JPM calls is Beyond Meat, a company that made a lot of waves last year when it raised over $3.8 billion in its IPO. Is the Stock Market Open Today?
Shares yield 4.5% currently, and the stock appears to be undervalued. The company anticipates a recovery in the upcoming year, with fiscal 2021 guidance that calls for low single-digit growth in adjusted EPS.Continuing to grow sales and earnings, albeit at a modest rate, would still allow Walgreens to increase its dividend each year, as it has done for 45 consecutive years. The stock’s average price target, $362, implies it has room for 39% growth from the current share price of $260.09. The company brought on board a new Executive Chairman as well as a new CEO. The rise and fall are the result of conflicting tailwinds and headwinds pushing against the stock.On the positive side, Vroom has gained during the general shift to online retail. In October, PayPal Holdings Inc. said it would allow its customers access to cryptocurrencies.There is also a buzz around Ethereum, the most-actively used blockchain in the world, which is set for a network upgrade that would allow it to process a similar number of transactions as Mastercard Inc. and Visa Inc. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto, or any change in events, conditions, or circumstances on which any such statement is based.