Stay connected
Check out Monday’s lunchtime headlines:
Pfizer, BioNTech: US drug manufacturer Pfizer and German biotechnology company BioNTech came up Monday after offering more insight into their experimental vaccine Covid-19. New knowledge showed that his candidate was inducing an immune reaction in patients. It also showed that the candidate vaccine had triggered an induction of a higher point of T-cell reactions. Pfizer won 0.35% in the United States, while BioNTech added 5.2% on Monday.
Amazon: E-commerce giant’s stock rose more than 3.5% on Monday for its first positive day in six. Amazon gained a seasoning from Goldman Sachs, which raised its 12-month value target to $3800 consistent with a constant percentage of $3,000 consistent with a steady percentage. According to FactSet, Goldman’s new purpose is tied for the highest on Wall Street, tied with Brent Thill in Jefferies.
Modern: Moderna’s inventories have fallen more than 10% after a JPMorgan downgrade and positive news from other corporations using a coronavirus vaccine. JPMorgan downgraded the inventory rating to impartial due to overpondering, saying it is “increasingly difficult to put more levers on our style right now.”
Astrazeneca: The biopharmaceutical company slid 1.7% after verification data from a vaccine candidate with positive immune results. The company is uploading the drug with Oxford University. The percentage value rose by more than 13% last week.
Nikola: Nikola’s percentages fell more than 20% after the electric truck manufacturer introduced a new percentage that offers similar to warranties. Deutsche Bank analysts said there could be more sales as investors seek to block profits.
Peloton: The shares of the manufacturer of the house desktop motorcyclists increased more than 10% after Goldman Sachs raised its value target from % of age to a maximum of $84 consistent with the %of $66 age consistent with% of age. The Wall Street company said Peloton continues to expand its “addressable market, amplifying the effects of the network and expanding the consumer proposal.”
Noble Energy: The independent oil and fuel company jumped more than five% after Chevron announced that it would win the company in a completely fair deal valued at $5 billion. “These are very fairly priced assets,” Chevron’s chief executive Michael Wirth said Monday at CNBC’s “Squawk on the Street.”
Urban Outfitters: Urban Outfitters has been demoted to sell on hold through a Loop Capital analyst, raising considerations about low traffic and asking when they reopen outlets. The analyst also reduced his profit estimates for the quarter and fiscal year 2021. Urban Outfitters shares fell more than 7%.
Alphabet – Credit Suisse raised its value target at Google’s parent company to $1,850 consistent with a constant percentage of $1,600 consistent with a steady percentage. The new value target implies a 22% increase since Friday’s close of $1516.85. The analyst cited: “1) continuous improvement in the monetization of advertising in the research network through product/IA updates, 2) a greater-than-expected contribution of non-research activities (YouTube, Cloud and Play), 3) Optionality and consistency with creating shareholder costs of new monetization projects such as “Maps. Alphabet consistent with percentages increased by more than 2%.
Pippa Stevens, Maggie Fitzgerald, Jesse Pound and Tom Franck of CNBC contributed to this report.
Do you have any confidential information? We’ll listen to you.
Sign up for loose newsletters and get more CNBC in your inbox
Get it in your inbox and more information about our services.
© 2020 CNBC LLC. All rights are reserved. An NBCUniversal department
Knowledge is a real-time snapshot: data is delayed for at least 15 minutes. Global industry and monetary news, inventory quotes and market knowledge and analysis.
Data also by