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*Pulmatrix Files For Mixed Shelf Of Up To $100M
Benzinga May 26, 2021
5:10 pm ET
Matthew Cost
Morgan Stanley
StarStarStarStarStar
target
$14.00
ranking
Buy
analystAction
Maintained
date
a day ago
Brian Fitzgerald
Wells Fargo
StarStarStarStarStar
target
$14.00
ranking
Buy
analystAction
Maintained
date
a day ago
Michael Pachter
Wedbush
StarStarStarStarStar
target
$15.00
ranking
Buy
analystAction
Maintained
date
a day ago
Martin Yang
Oppenheimer
StarStarStarStarStar
target
$13.00
ranking
Buy
analystAction
Maintained
date
a day ago
Ryan Gee
Merrill Lynch
StarStarStarStarStar
target
$13.50
ranking
Buy
analystAction
Upgraded
date
a day ago
Andrew Uerkwitz
Jefferies
StarStarStarStarStar
target
$13.00
ranking
Buy
analystAction
Reiterated
date
2 days ago
Gerrick Johnson
BMO Capital
StarStarStarStarStar
target
$15.00
ranking
Buy
analystAction
Reiterated
date
3 days ago
article
FUBO Stock Price Forecast
We believe FUBO stock is fundamentally undervalued.
Long-term, we have confidence in fuboTV’s ability to acquire exclusive local and international sports content, amass an unrivaled war-chest of live sports streaming rights, launch an interactive digital sportsbook that integrates with its streaming platform, and ultimately put all those pieces together to create the world’s first all-in-one, digital sports-betting-and-streaming platform where consumers can interactively watch and bet on sports through a digital platform.
We see this as the future. If fuboTV does successfully create this platform, then FUBO stock will one day be worth multiples of itself.
Execution risks here are large. But fuboTV’s market cap is small. Even minimal success in this pursuit could result in multi-bagger returns.
The consensus analyst price target on FUBO stock is $46. We think shares are worth at least $50, based on the company’s long-term earnings growth potential.
We see 100%-plus upside in shares over the next 12 months.
FUBO stock is a great play on the fact that the world is pivoting from linear TV to streaming TV. This pivot encompasses Netflix, fuboTV, Roku (NASDAQ:ROKU), Disney (NYSE:DIS), AT&T (NYSE:T) and so many more. By the end of the decade, everything we watch will be through the internet. Cable boxes will be as obsolete as CD players are today.
Netflix stock is the blue-chip stock to buy to play this streaming revolution. Roku stock is a higher-upside but still relatively safe bet. fuboTV stock may be the highest upside play in the space. That’s why it belongs in my Innovation Investor portfolio, which is focused on investing in emerging companies pioneering breakthrough technologies and business models which could change the world.
It’s basically a portfolio aimed at finding the next Amazon (NASDAQ:AMZN), the next Facebook (NASDAQ:FB), and the next Tesla (NASAQ:TSLA)… before everyone else.
FuboTV fits that billing. It’s the next Netflix.
https://investorplace.com/hypergrowthinvesting/2021/04/sports-could-save-fubotv-stock-from-a-netflix-like-downturn/
The Bull Thesis on fuboTV Stock Could Send It to $200
First the Cubs, then the World Cup -- fuboTV is doing everything it can to position itself for long-term growth
By Luke Lango, InvestorPlace Senior Investment Analyst Apr 12, 2021, 1:55 pm EDT
https://investorplace.com/hypergrowthinvesting/2021/04/the-bull-thesis-on-fubotv-stock-could-send-it-to-200/
We are about to see the birth of a huge Volcano!
Stock Price Target BTCS.
High
$1,116.00
Median
$1,116.00
Low
$1,116.00
Average
$1,116.00
Current Price
$1.00
https://www.wsj.com/market-data/quotes/BTCS/Research-Ratings
Stock Price Target
$GBTC
High
8.35
Median
8.35
Low
8.35
Average
8.35
Current Price
$48.85
https://www.wsj.com/market-data/quotes/GBTC/research-ratings
3/29/2021 Needham & Company LLC Reiterated Rating Buy $60.00 High
Andrew Fein
H.C. Wainwright
5 Stars
target
$10.00
ranking
Buy
analystAction
Reiterated
date
a day ago
-----------------------------------------
Stock Price Target PULM
High
$10.00
Median
$10.00
Low
$10.00
Average
$10.00
Current Price
$1.39
https://www.wsj.com/market-data/quotes/PULM/research-ratings
Northwest Advanced Bio-Fuels Secures Construction Equity Commitment MOU for Sustainable Aviation Fuel Project in Washington State
Stonepeak Infrastructure Partners, a leading independent investment firm with a long history of supporting critical North American infrastructure investment, signed a MOU to commit $600 million for the project’s construction equity to launch the project’s multi-billion dollar funding needs
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Northwest Advanced Bio-Fuels, LLC (NWABF), a renewable bio-jet fuel refineries developer, with the recent execution of a Memorandum of Understanding, (“MOU”), has made major progress toward securing a strategic long-term investment into its Sustainable Aviation Fuel (“SAF”) project in Washington State (the “Project”) from Stonepeak Infrastructure Partners (“Stonepeak”), an independent investment firm specializing in North American infrastructure.
The potential $600 million investment from Stonepeak, arranged by Morgan Stanley & Co. LLC as placement agent, may be made through SP Holdings LLC, or another fund or entity managed by Stonepeak. SP Holdings, LLC, is the sole member of the general partner of Evolve Transition Infrastructure LP (NYSE American: SNMP), a publicly-traded limited partnership formed in 2005 focused on the acquisition, development and ownership of infrastructure critical to the transition of energy supply to lower carbon sources. Once finalized, the investment would help finance the largest announced SAF/renewable biofuels project using cellulosic feedstock in the world.
This announcement is a major milestone for the SAF industry and airlines to progress commitments to achieving carbon neutrality and combating climate change in the aviation sector.
The Project has an attractive, long-term 60+ million gallon per year off-take agreement, which is one of the largest airline off-take agreements of its kind to purchase SAF. As originally announced with Delta Air Lines in January 2020, and as affirmed in March 2021, NWABF is a key partner to help Delta achieve zero-impact aviation.
This potential investment would be used to partially fund the construction of the Project and repay prior development, design and engineering stage costs. The Project’s production and supply of 60+ million gallons of sustainable aviation fuel annually is before considering expansion capability.
Funding for this initial NWABF project would support the company’s long-term goal of developing a sector leading sustainable aviation fuel growth platform able to capitalize on further follow-on opportunities in this important and critical energy transition asset class. NWABF is seeking to become a leader in SAF by growing additional projects in the renewable fuels space. The execution of the MOU with Stonepeak validates our team, vision and growth potential as a critical link in the global energy transition to reduce emissions.
“We are excited that a leading infrastructure investment firm sees the potential and the promise of the SAF Industry as well as future potential projects by our team, who have been vital to getting this Project to this point,” said Dave Smoot, Founder and Manager of the Northwest Advanced Bio-Fuels Project. “We have strived to establish a workable platform to use for future opportunities, which the NWABF team will continue to lead.”
Stonepeak has a significant history of investing in high quality, critical infrastructure projects both in the U.S. and globally, with a particular focus on building long-term strategic partnerships. In recent years, Stonepeak has invested significant capital behind the energy transition mega-trend, including in SP Holdings, LLC, the privately held sole member of the general partner of Evolve Transition Infrastructure (NYSE American: SNMP), a publicly-traded limited partnership formed in 2005 focused on the acquisition, development and ownership of infrastructure critical to the transition of energy supply to lower carbon sources, as well as projects across the renewables, lower carbon power generation, and LNG sectors.
Sustainable Aviation Fuel and Project background
SAF is an alternative to fossil fuel and can reduce emissions by up to 80 percent during its full lifecycle. Examples include bio-fuels and synthetic fuels.
In 2019, Delta Air Lines invested $2 million to collaborate with Northwest Advanced Bio-Fuels to study the financial feasibility of a biofuel production facility that produces sustainable aviation fuel and other biofuel products.
In 2020, NWABF announced the selection of Black & Veatch, the global engineering, procurement and construction firm, to spearhead the project as its EPC of record. And future prospects are promising - Bloomberg News reports that more widespread use of jet biofuels is expected in the coming years.
The long-term goal for NWABF is to profitably produce sustainable aviation fuel for future airline use mandated by foreign and domestic governmental agencies, while bringing jobs and opportunities to the production facility’s state, local cities and towns.
About Northwest Advanced Bio-Fuels, LLC
Northwest Advanced Bio-Fuels, LLC, NWABF, is developing 2nd-generation cellulosic renewable bio-jet fuel refineries with the first project being developed in the Pacific Northwest. NWABF has assembled a world-class team of expert engineering companies, bio-fuels experts and 2ND generation technology companies to handle front-end gasification, syngas cleaning and treatment, back-end Fischer-Tropsch fuel conversion, and lastly, fuel upgrading to premium renewable SAF. https://www.nwabiofuels.com.
About Stonepeak Partners
Stonepeak Infrastructure Partners is an infrastructure-focused private equity firm headquartered in New York with over $31 billion of assets under management (as of February 2021). Stonepeak invests in long-lived, hard-asset businesses and projects that provide essential services to customers, and seeks to actively partner with high-quality management teams, facilitate operational improvements, and provide capital for growth initiatives.
https://stonepeakpartners.com/
About Delta Airlines
From being the first and only U.S. airline to voluntarily cap greenhouse gas emissions at 2012 levels to last year’s commitment to be the first carbon-neutral airline globally, Delta has a longstanding commitment to sustainable air travel. Delta was the No. 1 airline named among America’s Most Sustainable Companies by Barron’s in 2020, the only U.S. airline included in the 2021 S&P Sustainability Yearbook and has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. Delta has also earned a spot on the FTSE4Good Index for six consecutive years and the Dow Jones Sustainability North America Index for ten consecutive years. For more information, visit Delta.com/sustainability.
https://cts.businesswire.com/ct/CT?id=bwnews&sty=20210323005427r1&sid=acqr8&distro=nx&lang=en
View source version on businesswire.com: https://www.businesswire.com/news/home/20210323005427/en/
Northwest Advanced Bio-Fuels, LLC
Dave Smoot, Founder and Manager
dave.smoot@nwabf.com
Stonepeak Infrastructure Partners
Sard Verbinnen & Co
Ben Spicehandler / Julie Rudnick
Stonepeak-SVC@SARDVERB.com
Source: Northwest Advanced Bio-Fuels
Asia Broadband Goes Live Today With Sales of Gold-Backed Cryptocurrency Token
$AABB
Asia Broadband Goes Live Today With Sales of Gold-Backed Cryptocurrency Token
Press Release | 03/22/2021
LAS VEGAS, March 22, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce the sales launch today of the Company’s AABB Gold (AABBG) cryptocurrency token developed by Core State Holdings, Corp. (CSHC). In order to purchase tokens, AABB Wallet users must update the app or download to install the latest version of the app and pass the Know Your Client (KYC) process. Within this new version of the AABB Wallet, the token will only be available for purchase in exchange for other major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
Therefore, purchasers will need to hold existing cryptocurrency in any third-party wallet such as Coinbase or Binance. Purchasers will then deposit cryptocurrency from their third party wallet into their AABB Wallet to exchange and purchase the AABB Gold token (AABBG) for the current 0.1 gram of gold price (approximately $5.60 USD) plus a small transaction fee. Support for users of the AABB Wallet is available on the website www.AABBGoldToken.com and by email to AABBWallet@gmail.com.
The initial token release is backed by $30 million in physical gold the Company currently holds. At today’s market price of gold, this initial token release available for purchase is 5.4 million tokens at the one-tenth (0.1) gram of gold price (approximately $5.60 USD) for each AABBG token. The token price is tied to and supported by the Company at the market price of gold at a minimum. As the price of gold fluctuates, the minimum supported price of the AABBG token will increase or decrease, but the potential upside price of the token will be driven by market demand.
The AABB Gold token (AABBG) is backed 100% by physical gold held by the Company and additional releases of the token will continue to be backed 100% by additional physical gold acquired from future mining production, gold purchased from cash reserves or credit.
The launch version of the AABB Wallet will allow purchasers to transfer AABBG tokens to others that also have the AABB Wallet, but tokens will not initially be exchangeable within the AABB Wallet for other cryptocurrencies. This inaugural version of the AABB Wallet will allow the Company to increase token circulation and accumulate revenues to be utilized for the support and stabilization the token price when AABBG is freely exchangeable in the open market.
The Company is currently developing, with CSHC, its own proprietary cryptocurrency Exchange that will allow AABB Wallet users to quickly exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency.
AABB’s primary goal for the token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation targeting large population and high growth markets globally including China and East Asia. The Company is collaborating with CSHC to roll out an international marketing campaign for the AABB Gold token, AABB Wallet and development of the corporate brand. The marketing efforts are aimed to proliferate brand exposure and reputation, increase the use of the AABB Gold token and the AABB Wallet, and amplify general public and investment community awareness of the Company.
About Asia Broadband
Asia Broadband Inc. (OTC : AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a world-wide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. Visit www.AsiaBroadbandInc.com and www.AABBGoldToken.com
Contact the Company at:
Investor Brand Network
General Email: ir@asiabroadbandinc.com
Token Support Email: AABBWallet@gmail.com
Company Website: www.asiabroadbandinc.com
Token Website: www.AABBGoldToken.com
Phone: 702-866-9054
Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.’s (the “Company”) expected current beliefs about the Company’s business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.
Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
https://www.otcmarkets.com/stock/AABB/news/Asia-Broadband-Goes-Live-Today-With-Sales-of-Gold-Backed-Cryptocurrency-Token?id=294563
3/18/2021 Cantor Fitzgerald Initiated Coverage Overweight $6.00 High
3/9/2021 Oppenheimer Reiterated Rating Buy $8.00 High
6/24/2020 Roth Capital Reiterated Rating Buy $6.00 High
6/24/2020 Janney Montgomery Scott Reiterated Rating Buy ? Market Perform $10.00 High
6/24/2020 Nomura Reiterated Rating Buy $16.00 High
Analyst Ratings!
3/16/2021 John Robert Wilson Director Buy 1,714,285 $1.75 $2,999,998.75 7,799,350
3/16/2021 Juan Vera Insider Buy 571,428 $1.75 $999,999.00 2,564,487
3/16/2021 Paul Edward Walker Major Shareholder Buy 5,714,285 $1.75 $9,999,998.75
3/16/2021 Peter L Hoang CEO Buy 142,857 $1.75 $249,999.75 332,568
INSTITUTIONAL OWNERSHIP CHANGES (13F FILINGS) FOR MARKER THERAPEUTICS (NASDAQ:MRKR)
Institutional Ownership Percentage: 29.42%
Q1 2021
2/19/2021 JPMorgan Chase & Co. 60,543 $87K 0.0% +403.1% 0.126%
2/16/2021 Squarepoint Ops LLC 30,258 $44K 0.0% N/A 0.063%
2/11/2021 Northern Trust Corp 348,982 $0.51M 0.0% +2.1% 0.727%
2/10/2021 Rhumbline Advisers 25,208 $37K 0.0% +15.3% 0.052%
2/10/2021 Renaissance Technologies LLC 318,360 $0.46M 0.0% +40.2% 0.663%
2/9/2021 Wells Fargo & Company MN 51,913 $75K 0.0% -40.1% 0.108%
2/5/2021 BlackRock Inc. 2,066,417 $3M 0.0% +5.3% 4.303%
2/4/2021 GSA Capital Partners LLP 148,626 $0.22M 0.0% +69.1% 0.309%
1/29/2021 Riggs Asset Managment Co. Inc. 33,500 $49K 0.0% N/A 0.070%
1/14/2021 Vigilare Wealth Management 141,750 $0.21M 0.2% +10.4% 0.295%
https://www.investorsobserver.com/symbols/mrkr
Did you ever think that BTC.X would go over 50K? $AMZN the $3K
It is not a question of logic, it is a question of generalized dementia. With the new aap for smartphones like Reditt Robin Hood Etoro, it is worse.
I use platforms like TDAmeritrade and I never saw 5, 6, 20 shares transactions.
You have the example of what happened with $GME $AMC
Crazy, but i make money by taking advantage of that compulsive buyer insanity with compulsive short sellers.
Look$AABB
Today$MRKR
3/18/2021 Cantor Fitzgerald Initiated Coverage Overweight $6.00 High
3/9/2021 Oppenheimer Reiterated Rating Buy $8.00 High
6/24/2020 Roth Capital Reiterated Rating Buy $6.00 High
6/24/2020 Janney Montgomery Scott Reiterated Rating Buy ? Market Perform $10.00 High
6/24/2020 Nomura Reiterated Rating Buy $16.00 High
Analyst Ratings!
https://www.investorsobserver.com/symbols/mrkr
Stock Price Target BTCS OTCQB
High
$1,116.00
Median
$1,116.00
Low
$1,116.00
Average
$1,116.00
Current Price
$1.12
https://www.wsj.com/market-data/quotes/BTCS/Research-Ratings
Stock Price Target BTCS
High
$1,116.00
Median
$1,116.00
Low
$1,116.00
Average
$1,116.00
Current Price
$1.12
https://www.wsj.com/market-data/quotes/BTCS/Research-Ratings
AABB Stock Predictions - Asia Broadband Stock Price Targe
Savara Inc Stock may give you a sharp bounce - svra stock
THIS STOCK IS EXPLODING BUY RIGHT NOW!!? 100X HUGE NEWS !! AABB ANALYSIS AND PRICE PREDICTION $0.34 TO $10??? BIG VOLCANO KRAKATOA!
Stock Price Target BTCS High $1,116.00 Median $1,116.00 Low $1,116.00
Average $1,116.00
Current Price $0.70 FLY TO MARS!
https://www.wsj.com/market-data/quotes/BTCS/Research-Ratings
Recap: R.R.Donnelley & Sons Q4 Earnings
5:05 pm ET February 23, 2021 (Benzinga) Print
Shares of R.R.Donnelley & Sons (NYSE:RRD) rose in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 61.36% over the past year to $0.71, which beat the estimate of $0.21.
Revenue of $1,348,600,000 declined by 17.06% year over year, which beat the estimate of $1,160,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Q1 revenue expected between $1,090,000,000 and $1,150,000,000.
Price Action
52-week high: $2.92
52-week low: $0.72
Price action over last quarter: Up 137.40%
Company Profile
R.R.Donnelley & Sons Co is a U.S based company. It provides integrated communication strategies by helping organizations communicate more effectively by working to create, manage and produce the content on behalf of its customers. It assists its customers in developing and executing multichannel communication strategies. The company carries its operations in United States, Europe, Asia and other countries. The maximum earnings come from U.S.A.
Share Price vs. Fair Value Current Price US$2.40
Fair Value US$57.30 95.8% Undervalued (02/23/2021)
https://simplywall.st/stocks/us/commercial-services/nyse-rrd/r-r-donnelley-sons
Overall Average: 100% BUY
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
barchart.com/stocks/quotes/...
Due to the oil prices in the last quarter of 2020, it is very possible that
$GTE
will give us a surprise. Less than 24 hours for Q4.
Some analysts speak of the value of $GTE can be $4.00/$5.00.That exceeds -$0.02 EPS and Revenues, I think the reaction can take up to $7.00
It is no coincidence that an analyst raised his rating to $2.00 a few days before Q4
We'll see, said the Zen master
Gran Tierra Energy Inc Price Target Raised to C$2.00/Share From C$0.85 by Eight Capital
12:26 pm ET February 16, 2021 (Dow Jones) Print
Ratings actions from Baystreet: baystreet.ca/
(END) Dow Jones Newswires
Tronox Q4 2020 Earnings Preview
Feb. 16, 2021 5:35 PM ETTronox Holdings plc (TROX)By: Pranav Ghumatkar, SA News Editor
Tronox (NYSE:TROX) is scheduled to announce Q4 earnings results on Wednesday, February 17th, after market close.
The consensus EPS Estimate is $0.20 (+42.9% Y/Y) and the consensus Revenue Estimate is $749.99M (+8.2% Y/Y).
Over the last 2 years, TROX has beaten EPS estimates 63% of the time and has beaten revenue estimates 50% of the time.
Over the last 3 months, EPS estimates have seen 3 upward revisions and 0 downward. Revenue estimates have seen 2 upward revisions and 0 downward.
Recent earnings Analysis from our contributors:Tronox Holdings plc: To Hold But Not To Have
Now read: Avient Corporation 2020 Q4 - Results - Earnings Call Presentation
https://seekingalpha.com/news/3662340-tronox-q4-2020-earnings-preview
Current PriceUS$18.93 31.9% Undervalued Fair Value:US$27.78
https://simplywall.st/stocks/us/materials/nyse-trox/tronox-holdings
NEWS IN $QCOM
Why Globalstar Shares Spiked 84% Today
10:57 pm ET February 9, 2021 (Benzinga) Print
Globalstar Inc (NYSE: GSAT) soared 84% in regular and after-hours trading today.
What Happened: The share rallied after the Covington, Louisiana-based satellite solutions company said that Qualcomm Inc (NASDAQ: QCOM) will add the former’s Band n53 in its new flagship X65 modem.
The 5G modem’s support of Band n53 will expand the number and type of devices on Globalstar’s spectrum.
See also: Best Penny Stocks Under $1
“Qualcomm's support of Band n53 represents a significant milestone in our efforts to commercialize our spectrum in the US and all other countries where we have or expect to obtain terrestrial authority,” said Kyle Pickens, vice president of strategy at Globalstar.
Why It Matters: On Jan. 20, Globalstar’s shares had risen nearly 49% after its wholly-owned subsidiary SPOT LLC announced a monthly subscription box service Battlebox.
The company also announced a partnership with Nokia Oyj (NYSE: NOK) in January, which involved the deployment of Globalstar’s Band 53 spectrum at the Port of Seattle.
Price Action: Globalstar shares closed 69.11% higher at $2.08 on Tuesday and rose 14.9% to $2.39 in the after-hours session.
Why Globalstar Shares Spiked 84% Today
Globalstar Inc (NYSE: GSAT) soared 84% in regular and after-hours trading today.
What Happened: The share rallied after the Covington, Louisiana-based satellite solutions company said that Qualcomm Inc (NASDAQ: QCOM) will add the former’s Band n53 in its new flagship X65 modem.
The 5G modem’s support of Band n53 will expand the number and type of devices on Globalstar’s spectrum.
See also: Best Penny Stocks Under $1
“Qualcomm's support of Band n53 represents a significant milestone in our efforts to commercialize our spectrum in the US and all other countries where we have or expect to obtain terrestrial authority,” said Kyle Pickens, vice president of strategy at Globalstar.
Why It Matters: On Jan. 20, Globalstar’s shares had risen nearly 49% after its wholly-owned subsidiary SPOT LLC announced a monthly subscription box service Battlebox.
The company also announced a partnership with Nokia Oyj (NYSE: NOK) in January, which involved the deployment of Globalstar’s Band 53 spectrum at the Port of Seattle.
Price Action: Globalstar shares closed 69.11% higher at $2.08 on Tuesday and rose 14.9% to $2.39 in the after-hours session.
https://www.msn.com/en-us/money/news/why-globalstar-shares-spiked-84-25-today/ar-BB1dyfYn
Share Price vs. Fair Value @.65 Fair value US$6.35
https://simplywall.st/stocks/us/energy/nysemkt-gte/gran-tierra-energy
INSTITUTIONAL OWNERSHIP CHANGES (13F FILINGS) FOR GRAN TIERRA ENERGY (NYSEAMERICAN:GTE)Latest institutional buy!
Institutional Ownership Percentage: 42.89%
2/4/2021 GSA Capital Partners LLP 1,323,255 $0.48M 0.1% +96.1% 0.361%
1/27/2021 Usca Ria LLC 684,500 $0.25M 0.0% -8.7% 0.187%
1/27/2021 Ingalls & Snyder LLC 5,232,729 $1.90M 0.1% -6.2% 1.426%
Lee Enterprises Q1 EPS $0.28 Up From $0.09 YoY, Sales $211.82M Up From $122.34M YoY
7:17 am ET February 4, 2021 (Benzinga) Print
Lee Enterprises (NYSE:LEE) reported quarterly earnings of $0.28 per share. This is a 211.11 percent increase over earnings of $0.09 per share from the same period last year. The company reported $211.82 million in sales this quarter. This is a 73.13 percent increase over sales of $122.34 million the same period last year.
AMC Entertainment stock price target raised to $5.50 from $3.50 at B. Riley Securities
7:26 am ET January 26, 2021 (MarketWatch)
Print
(END) Dow Jones Newswires
January 26, 2021 07:26 ET (12:26 GMT)
AMC Nets $917 Million in Financing to Ward Off Bankruptcy -- Update
4:39 pm ET January 25, 2021 (Dow Jones) Print
By Alexander Gladstone and Aisha Al-Muslim
Shares of AMC Entertainment Holdings Inc. rose almost 26% after the movie theater giant said it signed deals for $917 million in financing to survive the Covid-19 pandemic for months longer without resorting to bankruptcy.
Investment deals signed by the embattled movie theater chain have brought in $411 million in debt financing and $506 million in equity since mid-December as AMC took advantage of equity markets' robust appetite for risk and a thirst for returns in fixed income that has driven yield on the riskiest junk debt to record lows.
Investors have proven willing to support struggling companies during the pandemic, even those that have been hit hard by social-distancing and travel restrictions, such as theaters, cruise lines and hotels. The rollout of Covid-19 vaccines has given investors incentive to keep beaten-down companies like AMC afloat and help them avoid a costly debt default or bankruptcy, though the sluggish vaccination rollout also poses a risk.
With the deals announced Monday, AMC Chief Executive Adam Aron said the possible bankruptcy filing the company had previously warned about was now "completely off the table." The company said its financial runway has now been extended deep into 2021 and that while an increase in cinema attendance seems likely, the future course of the coronavirus meant that cash needs remained uncertain.
"Investors are cautioned accordingly," AMC said.
Still, the company's debt prices also rallied Monday, with a $1.5 billion bond due in 2026 trading at 48.5 cents on the dollar, up from 39.5 cents on Friday, according to MarketAxess. AMC's stock closed Monday at $4.42 a share, up 91 cents, or 25.9%, from Friday's closing price, according to FactSet data.
Attention from individual investors has provided support for shares tied to the market's most volatile names, a group that includes AMC and videogame retailer GameStop Corp. Individual investors are encouraging each other on online forums to purchase shares and options tied to these companies, in part to squeeze bets from other investors that shares would fall.
Some credit rating firms and financial institutions are lowering their corporate default projections for 2021, confident in continued government support, rising inoculation against Covid-19 and recent refinancing activity that has pushed out debt maturities. While the pandemic has forced some indebted household names like Hertz Global Holdings Inc. into bankruptcy and wreaked havoc on the retail and energy sectors, corporate defaults overall have been less numerous than many investors and analysts had projected when pandemic shutdowns first took effect.
"I'm definitely cautiously optimistic about where we are with default rates," said Eric Rosenthal, senior director of leveraged finance at Fitch Ratings, which earlier this month dropped its forecast of high-yield bond defaults for 2021 to 3.5% from its previous estimate of 5%-6%, and lowered its 2022 outlook to 4%-5% from its previous 5%-7% view.
The pandemic has hit AMC hard as restrictions on indoor gathering forced the company to temporarily shut almost all of its theaters at some point in 2020. As of Jan. 21, 438 of AMC's 593 U.S. theaters and 86 of its 360 international theaters remained closed.
Major Hollywood studios increasingly have delayed releasing films or sent them straight to streaming services during the pandemic, leaving cinemas with little fresh content to show those viewers willing and able to brave a trip to the big screen.
Investors have nonetheless kept AMC afloat even as it burned cash and theaters stayed largely dark as infections surged late last year. Covid-19 vaccination has fueled hopes that cinemas can rebound once enough people have been given shots, government restrictions ease, and moviegoers feel comfortable in theaters again, according to investors and analysts who track the industry.
"There's no doubt that the government stimulus has helped mitigate defaults, in particular by providing a window for rescue debt financings that has allowed troubled companies to avoid defaults," Tero Jänne, a managing director at financial adviser PJ Solomon. "Those rescue financings, however, were intended to be liquidity bridges to a recovery, the timing of which remains uncertain."
Mr. Jänne said debt defaults have been muted in vulnerable industries because markets have gotten better at managing away potential defaults, through proactive support from companies' lender bases. He expects that to continue in 2021 because bankruptcy is expensive and creditors are willing to provide relief to avoid the cost.
President Biden has called for a $1.9 trillion economic relief package that provides for another round of direct stimulus payments and the creation of a nationwide vaccination program to increase distribution efforts, expand the number of vaccination sites and to launch a nationwide public education campaign promoting vaccinations.
Mr. Aron said AMC needs "much of the general public in the U.S. and abroad to be vaccinated" for the company to succeed over the medium term.
--Sebastian Pellejero contributed to this article.
(END) Dow Jones Newswires
January 25, 2021 16:39 ET (21:39 GMT
Top 10 Trending Tickers On Retail Investor Radars (Via Reddit) For Monday, Jan. 25, 2021
5:49 pm ET January 25, 2021 (Benzinga) Print
GameStop (GME)
BlackBerry (BB)
C3.Ai (AI)
Nokia (NOK)
Palantir (PLTR)
AMC (AMC)
Alcoa (AA)
Silvergate Capital (SI)
DuPont (DD)
Bed Bath & Beyond
InvestorPlace analyst Luke Lango last week told readers of his Hypergrowth Investing newsletter that peer vet-med stocks Idexx and Zoetis have historically traded around 7x sales. As Lago wrote, a 7x sales multiple on $250-plus million in revenues implies a potential future market cap for Zomedica of $1.75 billion. In turn, that implies a future price target for ZOM stock of over $3.
He wrote that “the big breakout in ZOM stock may be just beginning. This company is on the cusp of commercializing a breakthrough technology platform that could meaningfully disrupt the $2.8 billion and rapidly growing vet diagnostics market.”
https://investorplace.com/2021/01/zom-stock-why-zomedica-shares-are-on-the-move-again-today/
3D Systems Raised to Neutral From Underweight by JP Morgan PT:14.00
11:04 am ET January 7, 2021 (Dow Jones) Print
Ratings actions from Benzinga: https://www.benzinga.com/stock/DDD/ratings
2021-01-07 16:04:00 GMT DJ 3D Systems Price Target Raised to $14.00/Share From $8.00 by JP Morgan
Ratings actions from Benzinga: https://www.benzinga.com/stock/DDD/ratings
(END) Dow Jones Newswires
January 07, 2021 11:04 ET (16:04 GMT)
Analyst Forecast Low:@4.00+86.05% Mean:@12.20+467.44% High:@28.00+1233.33%
https://www.investorsobserver.com/symbols/obsv
1/04/21 HC Wainwright & Co. Maintains Buy 17.0
11/09/20 JP Morgan Downgrades Underweight
10/05/20 HC Wainwright & Co. Maintains Buy 23.0
7/07/20 SVB Leerink Maintains Outperform 5.0
7/07/20 BMO Capital Downgrades Market Perform 4.0
7/07/20 JP Morgan Downgrades Neutral 5.0
3/23/20 HC Wainwright & Co. Maintains Buy 36.0
12/19/19 H.C. Wainwright Reiterates Buy 40.0
12/10/19 RBC Capital Maintains Outperform 19.0
12/02/19 H.C. Wainwright Reiterates Buy 36.0
https://www.benzinga.com/stock/obsv/ratings
(ACST) Analyst Forecast Mean:@1.50+250.58% High:@3.00+576.36%
https://www.investorsobserver.com/symbols/acst
In TDAmeritrade. TIPRANKS 7 SCROE PT: $88.25
Analyst Ratings, Moderate Buy! Last actualitation!
Based on the 10 sell-sidetooltipClick this button to read the definition of sell-side analysts who offered a 12-month price target in the last three months. Analysts predict a(n) 122.80% increase from today.
Kumaraguru Raja
Brookline Capital Markets
5Stars target $102.00rankingBuyanalystAction
Maintained date 2 days ago
analyst
Steven Seedhouse
Raymond James
5 Stars target ranking Hold analystAction Downgraded date 2 days ago
analyst
Yasmeen Rahimi
Piper Sandler
5Star target $140.00 ranking Buy analystAction Maintained
date 2 days ago
analyst
Seamus Fernandez
Guggenheim
5 Stars target -- ranking Buy analystAction Maintained date
2 days ago
Madhu Kumar
Robert W. Baird
5 Stars target $69.00 ranking Hold analystAction Downgraded
date
2 days ago
analyst
Elemer Piros
Roth Capital
5 Stars target $77.00 ranking Sell analystAction Maintained
date 2 days ago
Mayank Mamtani
B.Riley Financial
5 Stars target $138.00 ranking Buy analystAction Maintained
date 2 days ago
analyst
Yigal Nochomovitz
Citigroup
5Stars target $133.00 ranking Buy analystAction Maintained
date 17 days ago
Ashford Hospitality Trust, Inc. (NYSE:AHT)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $2.36, but opened at $2.77. Ashford Hospitality Trust shares last traded at $2.69, with a volume of 28,969 shares changing hands.
AHT has been the topic of a number of analyst reports. Zacks Investment Research upgraded Ashford Hospitality Trust from a “hold” rating to a “buy” rating and set a $3.00 price target on the stock in a report on Thursday. Deutsche Bank Aktiengesellschaft dropped their target price on Ashford Hospitality Trust from $11.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, October 29th. Robert W. Baird dropped their target price on Ashford Hospitality Trust from $4.00 to $3.00 and set a “neutral” rating on the stock in a research note on Monday, October 19th. B. Riley dropped their target price on Ashford Hospitality Trust from $3.50 to $2.50 and set a “neutral” rating on the stock in a research note on Wednesday, December 2nd. Finally, ValuEngine upgraded Ashford Hospitality Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, November 10th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Ashford Hospitality Trust has an average rating of “Buy” and a consensus target price of $3.12.
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The firm has a market cap of $151.64 million, a price-to-earnings ratio of -0.05 and a beta of 2.43. The company has a fifty day moving average price of $3.23 and a 200-day moving average price of $2.42. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 20.78.
Ashford Hospitality Trust (NYSE:AHT) last issued its quarterly earnings data on Sunday, November 1st. The real estate investment trust reported ($9.26) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($15.30) by $6.04. Ashford Hospitality Trust had a negative return on equity of 636.46% and a negative net margin of 53.75%. As a group, research analysts forecast that Ashford Hospitality Trust, Inc. will post -16.66 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AHT. Commonwealth Equity Services LLC raised its holdings in Ashford Hospitality Trust by 40.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 37,870 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 11,000 shares during the period. Bank of America Corp DE grew its position in Ashford Hospitality Trust by 7,638.9% in the second quarter. Bank of America Corp DE now owns 131,561 shares of the real estate investment trust’s stock worth $95,000 after acquiring an additional 129,861 shares during the period. Jane Street Group LLC purchased a new position in Ashford Hospitality Trust in the second quarter worth approximately $466,000. AQR Capital Management LLC grew its position in Ashford Hospitality Trust by 126.2% in the second quarter. AQR Capital Management LLC now owns 1,689,798 shares of the real estate investment trust’s stock worth $1,221,000 after acquiring an additional 942,892 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Ashford Hospitality Trust by 71.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,573,335 shares of the real estate investment trust’s stock worth $2,583,000 after acquiring an additional 1,493,455 shares during the period.
https://www.americanbankingnews.com/2020/12/28/ashford-hospitality-trust-nyseaht-shares-gap-up-to-2-36.html
$AHT:Interesting the names of the institutions. There are more, but i copy the best known. There are too many!
11/6/2020 BlackRock Inc. 244,964 $0.40M 0.0% -90.1% 1.876%
11/13/2020 Charles Schwab Investment Management Inc. 727,075 $1.20M 0.0% -79.7% 4.970%
8/20/2020 Charles Schwab Investment Management Inc. 3,573,335 $2.58M 0.0% +71.8% 34.113%
8/14/2020 Bank of America Corp DE 131,561
$95K
0.0% +7,638.9% 1.256%
5/12/2020 JPMorgan Chase & Co. 3,307,291 $2.45M 0.0% +8.7% 3.203%
5/14/2020 Wells Fargo & Company MN 358,509 $0.27M 0.0% +9.4% 0.347%
5/15/2020 Morgan Stanley 38,385
$28K
0.0% -81.8% 0.037%
5/14/2020 Deutsche Bank AG 60,043
$44K
0.0% -52.7% 0.058%
5/1/2020 UBS Group AG 67,070
$49K
0.0% -80.1% 0.065%
2/12/2020 Credit Suisse AG 133,111 $0.37M 0.0% -33.9% 0.130%
2/12/2020 Citigroup Inc. 19,012
$53K
0.0% +166.5% 0.019%
2/11/2020 Prudential Financial Inc. 1,883,448 $5.26M 0.0% -6.6% 1.845%
2/10/2020 Barclays PLC 135,058 $0.38M 0.0% +28.0% 0.132%
2/6/2020 Swiss National Bank 185,8