RBC Capital Maintains Outperform on Applied Aerospace, Lowers Price Target to $21
RBC Capital analyst Ken Herbert maintains Applied Aerospace (NYSE:AADX) with a Outperform and lowers the price target from $24 to $21.
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U.S. stocks mostly fell, but Bending Spoons surged 40% after Berkshire’s $330M investment. Liquidia and Verastem also posted strong gains.
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RBC Capital analyst Ken Herbert maintains Applied Aerospace (NYSE:AADX) with a Outperform and lowers the price target from $24 to $21.
Cramer favors Applied Aerospace, Nokia and BlackBerry, questions Ambarella, dislikes food stocks, and says Ameresco may be oversold.
Berkshire Hathaway has risen 10 sessions in a row, its first such streak since January 2018 and the first under CEO Greg Abel.
Bending Spoons stock surges 45% as Berkshire Hathaway invests another $330 million, raising its stake to 4% and backing future acquisitions.
US stocks fell Wednesday as Nasdaq dropped 1.54% and Dow 0.35%; Bank of America sank 5% after weak results, while oil rose and inflation topped forecasts.