$Redwood Trust Inc (RWT.US)$
10/10/2024 - 07:25
MILL VALLEY, Calif.--(BUSINESS WIRE)-- Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”) today announced that it priced approximately $40 million aggregate principal amount of its 7.75% convertible senior notes due 2027 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under th...

$Beyond Air (XAIR.US)$ initiated at buy by BTIG, announced target price at $15.00.
$AeroVironment (AVAV.US)$ initiated at buy by Jefferies, announced targe price at $115.00.
$Kohl's Corp (KSS.US)$ was upgraded by TD Cowen from market perform to outperform, increased target price from $23.00 to $30.00.
$Corning (GLW.US)$ was upgraded by Citigroup from neutral to buy, increased target price from $36.00 to $40.00.
$Gol Intelligent Airlines (GOL.US)$ was do...

Upgrades
• $Avantor (AVTR.US)$ : Citigroup Upgrades to Buy from Neutral - PT $28
• $Church & Dwight (CHD.US)$ : Deutsche Bank Upgrades to Buy from Hold - PT $85 (from $90)
• $ConocoPhillips (COP.US)$ : Erste Group Upgrades to Buy from Hold
• $Ford Motor (F.US)$ : Morgan Stanley Upgrades to Overweight from Equal Weight - PT $14
• $Silicon Motion Technology (SIMO.US)$ : Susquehanna Upgrades to Positive from Neutral - PT $108
• $Walmart (WMT.US)$ ...

Gapping up
In reaction to earnings/guidance:
• $ChargePoint (CHPT.US)$ +2.8%, $Designer Brands (DBI.US)$ +1.8%, $Donaldson (DCI.US)$ +0.7%
Other news:
• $Cepton(Delisted) (CPTN.US)$ +9.2% (receives non-bindingLolfor a $100mln investment from Koito Manufacturing)
• $Sorrento Therapeutics (SRNE.US)$ +7.2% (receives FDA Fast Track Designation for SP-103(Lidocaine Topical System) 5.4%)
• $Mereo BioPharma (MREO.US)$ +6.7% (sends letter to Rubric Capital...

Upgrades
• $BLACKSTONE SECD LENDING FD (BXSL.US)$ : Raymond James Upgrades to Outperform from Market Perform - PT $26
• $Constellation Energy (CEG.US)$ : Guggenheim Upgrades to Buy from Neutral - PT $70 (from $51)
• $Copa Holdings (CPA.US)$ : Barclays Upgrades to Overweight from Equalweight - PT $96
• $Krispy Kreme (DNUT.US)$ : HSBC Upgrades to Buy from Hold - PT $17
• $Duolingo (DUOL.US)$ : Raymond James Upgrades to Outperform from Market Perform - PT $98
• $Endeavor Group (EDR.US)$ : Barclay...

Gainers:
• $GTY Technology (GTYH.US)$ +118.1% (entered into a definitive agreement to be acquired by GI Partners )
• $Finch Therapeutics (FNCH.US)$ +68.33% (announces removal of FDA clinical hold on CP101 IND)
• $Zymeworks (ZYME.US)$ +42.34% (confirms receipt of non-binding proposal from All Blue Falcons for $10.50 per share in cash)
• $Hub Group (HUBG.US)$ +16.3% (earnings reports)
• $Lantheus (LNTH.US)$ +14.2% (earnings reports)
• $Mohawk Industries (MHK.US)$ +13.7% (e...