Browsing: category: Downgrades
Thursday, Moderna Inc MRNA unveiled key updates at its annual R&D Day by reducing annual R&D spending by $1.1 billion by 2027, enabling…
Relay Therapeutics Faces Downgrade Over Efficacy Concerns in Competitive PI3K Inhibitor Market – Relay Therapeutics (NASDAQ:RLAY)
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Monday, Relay Therapeutics Inc. RLAY shared interim data for RLY-2608 from the ReDiscover study of RLY-2608 alone, in combination with fulvestrant, and…
Bank Of America Warns Energy Could Be ‘Cheap For A Reason,’ Highlights Utilities As Defensive Play – SPDR Select Sector Fund – Energy Select Sector (ARCA:XLE), SPDR Select Sector Fund – Utilities (ARCA:XLU)
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Bank of America has reshuffled its sector outlooks, raising Utilities to “overweight” while downgrading Energy to “market-weight.” The changes come…
Carlyle Group Misses Q2 Earnings Estimates, Downgraded By JPMorgan – Carlyle Group (NASDAQ:CG)
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Carlyle Group Inc CG Monday announced disappointing second-quarter earnings. The company’s results highlight issues around mix and realizations in funds,…
Moderna Stock Trading Lower On Dismal Guidance, Analysts Cuts Price Targets Noting Competitive Pressure From GSK, Pfizer – Moderna (NASDAQ:MRNA)
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On Thursday, Moderna Inc MRNA lowered its 2024 sales guidance due to weaker demand for its COVID-19 vaccines. Moderna now projects 2024 net…