Market Insights & Analysis

Strs Ohio Invests $2 Million in IDEX Co.

April 12th, 2023

Investment management firm Strs Ohio has added 8,772 shares in IDEX Corporation. Total worth around $2m, to its holdings in the fourth quarter, according to Securities and Exchange Commission filings. Other institutional investors such as Diversified Trust and Wedmont Private Capital also acquired shares in the company. Hedge funds and other...

Editas Medicine (NSD:EDIT) Analysts Divided on Stock’s Future

April 12th, 2023

Editas Medicine, a biotechnology company, has received a "Buy" rating from 19 research firms. Of those, three rated the stock as "Sell," seven as "Buy" and four as "Buy." The average price target for the next 12 months is $15.33. Recent reports have lowered Editas Medicine's price target from $36.00 to $30.00 and raised it from $13.00 to $15.00....

Hexo Deal Good or Bad for Tilray?

April 11th, 2023

Hexo Deal Good or Bad? Tilray, has just agreed to purchase Hexo Corp, but like many other cannabis companies, has faced a multitude of obstacles in recent years. The industry has been grappling with regulatory hurdles, oversupply issues, and challenges in accessing traditional banking and capital markets. Additionally, the competitive landscape...

Newmont Ups the Bid for Newcrest Mining

April 11th, 2023

Newmont Bid for Newcrest NCM:CA Ratings by Stock Target Advisor Newmont Corporation, one of the world's largest gold mining companies, has made a substantial bid to acquire Newcrest Mining, another prominent player in the mining industry based in Australia. The bid, which has been described as a "best and final offer,"...

Some Market Analysts Say a Deflationary Period is around the Corner

April 11th, 2023

Deflationary Period? By Stocktargetadvisor The global economy has always been cyclical, with periods of expansion followed by periods of contraction. As we enter a new phase, many analysts are sounding the alarm bells, predicting a deflationary period on the horizon. Deflation is a phenomenon where the overall price level of goods and services...

Snowflake Inc. (SNOW:NYE) Stock gets hit on Insider Trades

April 11th, 2023

SNOW Insider Trades Snowflake Inc. (SNOW) stock experienced a significant drop, of almost 7% during  Tuesday's intra-trading session.  The driving factor behind Snowflake's stock decline appear to be insider selling and charitable share donations, as disclosed in filings with the Securities and Exchange Commission (SEC). One of the disclosed...