RBC Capital Sticks to Their Buy Rating for DRI Healthcare (DHT.UN)
RBC Capital analyst Douglas Miehm maintained a Buy rating on DRI Healthcare (DHT.UN – Research Report) yesterday and set a price target of C$18.00. The company's shares closed yesterday at C$12.48.
Confident Investing Starts Here:
Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Miehm covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, Ligand Pharma, and Bausch Health Companies. According to TipRanks, Miehm has an average return of -2.3% and a 39.85% success rate on recommended stocks.
Currently, the analyst consensus on DRI Healthcare is a Strong Buy with an average price target of C$16.67, a 33.57% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a C$17.00 price target.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
12 minutes ago
- Business Insider
Cantor Fitzgerald Sticks to Its Buy Rating for Prenetics Group (PRE)
Cantor Fitzgerald analyst Ross Osborn maintained a Buy rating on Prenetics Group (PRE – Research Report) on June 12 and set a price target of $14.00. The company's shares closed last Friday at $7.01. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Osborn covers the Healthcare sector, focusing on stocks such as NeuroPace, Cerus, and Avita Medical. According to TipRanks, Osborn has an average return of -13.8% and a 24.68% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Prenetics Group with a $14.00 average price target. The company has a one-year high of $11.99 and a one-year low of $3.09. Currently, Prenetics Group has an average volume of 24.86K.
Business Insider
12 minutes ago
- Business Insider
Nomura Remains a Buy on Nifco Inc. (7988)
Nomura analyst Wataru Ishimoto maintained a Buy rating on Nifco Inc. (7988 – Research Report) on June 12 and set a price target of Yen4,900.00. The company's shares closed last Friday at Yen3,247.00. Confident Investing Starts Here: Ishimoto covers the Consumer Cyclical sector, focusing on stocks such as Koito Manufacturing Co, Aisin Seiki Co, and Bridgestone. According to TipRanks, Ishimoto has an average return of 2.5% and a 50.00% success rate on recommended stocks. Currently, the analyst consensus on Nifco Inc. is a Strong Buy with an average price target of Yen4,566.67.
Business Insider
an hour ago
- Business Insider
Google's (GOOG) $32B Wiz Acquisition Faces DOJ Antitrust Hurdle
Alphabet's (GOOG) (GOOGL) $32 billion acquisition of cloud security startup Wiz is under antitrust review by the U.S. Department of Justice. The investigation is still in early stages, but it signals that regulators are taking a close look at how big tech companies are expanding into new markets. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Wiz provides tools to detect and block cybersecurity threats across cloud environments. The company collaborates with major platforms, including Amazon Web Services (AMZN), Microsoft Azure (MSFT), and Oracle (ORCL). Google says the deal will boost its cloud security offerings, an area where it's still trailing top competitors. Deal or No Deal? The DOJ's concern is whether this move could limit competition. Google already bought Mandiant for $5.4 billion in 2022. That deal went through, but the Wiz deal is much larger and comes at a time when the DOJ is more aggressive on tech mergers. The risk is that Google could start bundling key security features into its own cloud stack, potentially locking out competitors. Regulators are already pushing back on Alphabet's dominance in online search and advertising. In two recent court rulings, judges found that the company operated illegal monopolies in both areas. The company now faces the threat of forced divestitures, including parts of its ad tech business and the Chrome browser. This adds pressure to the Wiz deal. If blocked, Wiz stands to collect a $3.2 billion breakup fee, or 10% of the deal value. That size indicates the level of regulatory risk and how strongly Google wants to close. The outcome could shape the future of tech M&A. If regulators succeed in stopping one of the largest cybersecurity deals ever, it may raise the bar for any future acquisitions by Alphabet, Amazon, or Microsoft. Procedure Could Take Months Under the Biden administration, regulators took a hard stance on mergers and monopolies. The FTC, led by Lina Khan, became known for aggressively challenging big tech deals. That changed after President Trump returned to office and removed Khan earlier this year. Many expected a slowdown in antitrust enforcement. The DOJ's decision to probe the Wiz deal defies those expectations, signaling that cloud-related consolidation may still draw scrutiny. Investors should closely monitor the development of this case. A green light could boost confidence in Google Cloud's expansion strategy. A block could trigger more scrutiny on other big tech players trying to grow by acquisition, not just innovation. The deal is expected to face months of review. Whether it closes or not may hinge less on market logic and more on how Washington defines fair competition in the cloud era. Is GOOG a Strong Buy? an average GOOG stock price target of $200.46. This implies a 13.98% upside.
