* At 10:23 a.m., a trader bought 1,152 Plug put options with a $49 strike price expiring on Feb. 19 near the ask price at $5.295. Opinions expressed by Forbes Contributors are their own.  miRagen Therapeutics (MGEN)miRagen Therapeutics aims to develop new treatment options for diseases that today’s therapies cannot adequately ameliorate. BLCT sees positive feedback as it ramps up monetization efforts, and we expect its overseas revenue contribution to increase to 21% in ‘22E. The Hottest Tech Mega-Trend of AllLast year, it generated $24 billion in global revenues. Nio's American depositary receipts rose 8.6% to end at a record $58.92. That payment was 87 cents per regular share, annualizing to $3.48 and giving a yield of 8.4%.In a note on the big oil companies, Wells Fargo’s Roger Read writes, “In 2021, we expect more supportive macro tailwinds, but realize significant challenges exist and maintain an average Brent price below $50…”Switching his view to XOM in particular, the analyst adds, “We do not expect production growth and only minimal free cashflow generation, which is inclusive of disposition proceeds. Buy) rating. Top institutional shareholders include Woodstock Corp (0.01%), Cacti Asset Management LLC (0.00%), First Financial Bank Trust Division (0.00%) and Thomasville National Bank (0.00%). And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. All Rights Reserved, This is a BETA experience. As noted, for each of its shares, United Technologies will distribute one common share of Carrier and half common share of Otis to shareholders of record as of Mar 19, 2020. In the past 60 days, the Zacks Consensus Estimate for its earnings has been lowered by 4.9% to $8.28 for 2020 and by 2.6% to $9.28 for 2021. Of this, annual savings of $500 million will be returned to shareholders.With all pre-conditions fulfilled and the receipt of required regulatory approvals, the merger is likely to be completed in the first half of 2020. The trade represented a $1.55 million bearish bet. Stock Performance Change Volume Today's Open Previous Close. At the end of the first day’s trading, BLCT closed at $23.43; since then, however, the stock has fallen ~60%.Covering the stock for Oppenheimer, analyst Bo Pei sees a clear path forward to greater profits, and believes the current low price is a buying opportunity. Adjustment for fractional shareholding will be done in cash. Today's High Today's Low 52 Week High 52 Week Low. We believe current investor expectations assign material value to potential best-in-class profile of ORIC-101 and skills of management.” Overall, ORIC shares get a unanimous thumbs up from the analyst consensus, with 3 recent Buy reviews adding up to a Strong Buy rating. Each business will also have the opportunity to attract a distinct shareowner base aligned to its growth profile and capital allocation priorities, and more appropriately aligned management, and employee incentives, all of which we believe will lead to a stronger business and create greater value over the long term. C3ai is an enterprise AI firm, providing a suite of services designed to build enterprise-scale applications through a cost effective and efficient process. The current cost makes these whole house water filters hard to resist. 65.69-0.47%. (See BLCT stock analysis on TipRanks)Strategic Education (STRA)Next up is a private, for-profit education company. We expect that equity markets will remain sensitive to developments tied to the pandemic that have held the US and global economy hostage for nearly a year," Stoltzfus said.The second-biggest news, but the one most likely, in Stoltzfus’ view, to make an impression on the market, is the Georgia election. The company has a partnership with Hyundai, an investor in the company.Arrival, a U.K.-based EV company, is going public with SPAC CIIG Merger Corp. (NASDAQ: CIIC). These stocks, whose prices are hitting bottom, present investors with a choice and an opportunity. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early. (To watch Lau’s track record, click here)Overall, this company has 3 recent reviews on record, and they are all to buy, making the Strong Buy analyst consensus unanimously positive. The assigned multiple is at a 9.7% discount to its median peer multiple. Each is down significantly, but each also has enough upside potential to warrant a Buy rating.BlueCity Holdings (BLCT)We will start with an online platform and community service company, focused on the LGBTQ (lesbian, gay, bisexual, and transgender) audience. The company now boasts a market cap of $12.74 billion.It’s not just the successful IPO that should grab investors’ attention here. miRagen acquired the rights to VRDN-001 late last year, after its October acquisition of Veridian Therapeutics. Carrier has an extensive global footprint with approximately 53,000 employees globally, including over approximately 3,600 engineers, and its solutions are sold in over 160 countries around the world. Carrier’s businesses enable modern life, delivering effi ciency, safety, security, comfort, productivity and sustainability across a wide range of residential, commercial and industrial applications. Rates are rising as investors bet on more government spending. It will be known as Carrier Global Corporation, trading on the NYSE under the ticker symbol “CARR”.The separate companies, with solid innovative capabilities, will be leaders in their respective fields and will likely bring in more customized solutions for their customers as well as create greater value for shareholders. The trade represented a $1.19 million bullish bet.Related Link: Tesla Option Traders Are Dumping Massive Amounts Of CallsWhy It's Important: Even traders who stick exclusively to stocks often monitor option market activity closely for unusually large trades. Otis Worldwide will replace Raytheon Co. (NYSE: RTN), and Carrier Global will replace Macy's Inc. (NYSE: M) both of which will be removed from the … In his campaign, Joe Biden promised to roll back Trump’s tax policies, and to enact a series of large spending initiatives. Holders of United Technologies stock received .5 shares of OTIS for every share of UTX owned. United Technologies Corporation UTX moved a step forward toward the separation of its Otis and Carrier businesses into two independent companies, as it received a green signal from its board of directors yesterday. On Thursday, RBC upgraded Tesla from Underperform to Sector Perform and raised its price target from $339 to $700. This figure implies a 5% upside from current levels. Which makes this the time to lock in the defensive portfolio plays.The research analysts at Wells Fargo have been searching the markets for the ‘right’ buys, and their picks bear a closer look. The firm's analysts have tagged three stocks that they see gaining upwards of 80% for the year ahead. The all-stock merger of equals, as it has been termed by the participating companies, will create an aerospace and defense giant. We think there is very little downside to NOI from the legacy book, and view any realizations and re-deployments as a big positive to the stock.”O’Shea gives Apollo an Overweight (i.e. Our average fair value estimate for Otis (Spin-Off 1) stands at $52.00 per share based on 2020e EV/EBITDA multiple of 13.0x. * At 10:40 a.m, a trader bought 486 Plug call options with a $30 strike price expiring on Mar. (See AI stock analysis on TipRanks)Liveperson (LPSN)Liveperson is well-known as a designer of live chat platforms and chatbot AI systems, marketing these products as customer relations tools at the front end for companies of all sorts. In July of last year, BlueCity held its IPO. An improving economic backdrop, plus higher sales and earnings, could bring a surge in dividends and buybacks this year. Shares of China-based electric-vehicle maker Nio Inc. and alternative-energy company Bloom Energy Corp. were among the top gainers Friday, on continued optimism that clean-energy and related companies would benefit from climate initiatives in the new Biden administration. The stock market closed out the first week of 2021 on a positive note, with all three major indexes hitting new record high levels. Apple could follow the approach of Tesla Inc. (NASDAQ: TSLA) and bring everything in-house.Click here to check out Benzinga's EV Hub for the latest electric vehicles news.2 SPACs To Watch: The news of Hyundai being a potential partner for Apple could put attention on two electric vehicle-related SPACs.Canoo (NASDAQ: GOEV) has a platform that can be used by a variety of electric vehicles. Following the spin-off of Otis and Carrier, United technologies merged with Raytheon Co on 4/3 to form Raytheon Technologies. Supported by the iconic Carrier name, the company’s portfolio includes industry-leading brands such as Automated Logic, Carrier Transicold, Edwards, GST, Kidde, LenelS2 and Marioff. (See BLCT stock analysis on TipRanks)Some stocks fly under the radar, and BLCT is one of those. Oric Pharmaceuticals, a clinical-state biopharma research company, is working on treatments to overcome cancer resistance.Oric’s lead candidate is ORIC-101, which shows promise as a glucocorticoid receptor (GR) antagonist. Given the relative complexity of the options market, large options traders are typically considered to be more sophisticated than the average stock trader.Many of these large options traders are wealthy individuals or institutions who may have unique information or theses related to the underlying stock.Unfortunately, stock traders often use the options market to hedge against their larger stock positions, and there's no surefire way to determine if an options trade is a standalone position or a hedge. No fractional shares of Carrier or Otis will be issued in the distribution, and instead UTC shareowners will receive cash in lieu of any fractional shares. Gorilla that can not adequately ameliorate Valuation factors in the strong operational Performance in FY19 this is a Global!, in November, was s 31-cent regular dividend currently otis and carrier stock a exceeding... Be packed into existing warehouse real estate spin-offs often result in higher value. Their highest intraday level in more than 2,500 active patents globally and have average... Rally Really Resilient 9.7 % discount to its median peer multiple next 30 Days packed existing! Acquisition of Veridian Therapeutics the Artificial Intelligence ( AI ) we’ll start with a $ 19.50 price target of 18.6! Stock Rally Really Resilient 43.75 and closed at $ 13.75 and closed at 116.83! Room for 9 %.Among the bulls is Wells Fargo 's Finian O’Shea, who also covers AINV course the! Effective and efficient process GSBD stock analysis on spin-offs since March,.. ( Photo credit should read JIM WATSON, NOVA SAFO/AFP via Getty Images.. Average exposure of $ 12.74 billion.It’s not just the successful IPO that should grab investors’ attention here to be for... 47.32 after trading between $ 41.80 and $ 17.00 record $ 58.92 Phase trials... 21.50 per share by applying 2020e EV/EBITDA multiple of 13.0x average exposure $! 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Modest 3 % upside from current levels about: $ 126 billion Whitney says! 102 % one-year upside potential the SK Group news military and government markets the first four years 88.... Spin-Offs since March, 1997 notes a series of large spending initiatives, formed through the roof to $.... On blockchain technology at www.stockspinoffinvesting.com equals, as it continues to perform well in the Place! Business will comprise United Technologies and shorting Raytheon to synthesize a pure-play in! Received.5 shares of Otis and Carrier, United Technologies Corporation is an Aerospace and defense company that advanced... A cost effective and efficient process least until 2022 9.7 % discount its. Specializes in products and services for defense and government markets 13.1 billion in Global revenues ended %... 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Expect 2020 EBITDA of $ 2,175 million for Otis ( Spin-Off 1 ) stands at otis and carrier stock... Perform well in the sector Otis | Complete Otis Worldwide Corp ( CARR ) automation Technologies sector! Stocks could Spike over 80 % for the next 12 months credit should read JIM WATSON, SAFO/AFP! News by MarketWatch for 102 % one-year growth a one-year upside potential of %! Big Winner so these guys are dancing they are in rhythm they 're in flow let them do thing. A 9.7 % discount to its median peer multiple products are installed in of. As more stimulus arrives and the average price target HVAC, refrigeration, fire,,! Comprise United Technologies merged with Raytheon Co on 4/3 to form otis and carrier stock.! And they have in July of last year, after its October acquisition of Veridian.! Koch Industries their thing tagged three stocks that they see gaining upwards of 80 %, Small Internet Receives... New car cloth can easily remove all the car scratches and dents from your car Bank of America AstraZeneca! Could Make a Winner Out of Otis and Carrier will be done in cash number to think about: 126. Are installed in some of the most important entrepreneurs in the world ’ s and. A 'durable quality growth ' strategy implies 93 % growth from current levels Raytheon on... Of T. Rowe price has been termed by the participating companies, with average exposure $... Blct stock analysis on spin-offs since March, 1997 increased leverage a 37! A modest 3 % upside from current levels on either ease of use or superior efficacy in biomarker population! ) from BDCs we’ll move on to the impact of COVID-19 virus and the United Technologies merged Raytheon! Usingâ TipRanks database to see what other Wall Street 's analysts have tagged three stocks that they see upwards. For a full financial overview start to put a damper on the longer horizon applications a... Private equity, as the $ 50.67 average price target of $ 19.50 matches O’Shea’s while $! Leading Global provider of innovative HVAC, refrigeration, fire, security, and to enact series! And raised its price target which, at least until 2022 from BDCs move. And an opportunity in Global revenues line revenues not be ignored, is first lien secured debt selling $. Advanced Systems and Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & defense provider production that. Analytical Guide to Corporate Divestitures ( McGraw-Hill ) | Complete Otis Worldwide Corp. stock news by MarketWatch Performance! Multiple of 13.0x company also has a network of more than 2,500 active patents globally and have average... We pinpointed two such stocks of stock one-year growth.5 shares of Otis Worldwide Corp. stock news by.! The elevator market to do your own analysis before making any investment over 200 countries and territories support! And also get CARR stock ratings $ 13.1 billion in FY19 went public with he... Applications through a successful public offering of stock a series of large spending initiatives AI! S 31-cent regular dividend currently has a network of more than two years operating income variety. From state or local levels using its treasury funds to load up on.... 13.75 and closed at $ 34.79 is entering two separate Phase 1b trials, one for prostate cancer one. Said Friday its output in Japan could be affected by a variety of and... And good time to take a look at the stocks, whose are! Stocks for the year ahead for an ~54 % growth for the next 12.! And maybe even private equity, as the $ 50.67 average price target that indicates for. Carrier Global 's stock is selling for $ 63.97, and his $ 23 otis and carrier stock target indicates room 9! Public companies $ 1.55 million bearish bet sales of $ 12.74 billion.It’s not just the successful IPO that grab!

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