ProQR Therapeutics assumed with an Overweight at Cantor Fitzgerald
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ProQR Therapeutics initiated with an Outperform at Evercore ISI
ProQR Announces New CFO and CMO to Drive Growth
ProQR Therapeutics appoints Hom as CFO, Lopez as CMO
ProQR Therapeutics Advances RNA Editing Pipeline
ProQR's Axiomer Technology and AX-0810: A Promising Buy Rating with Increased Price Target
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The Hill
2 days ago
- The Hill
Democrats warn Cantor Fitzgerald about tariff-related trades; note firm's link to Lutnick
Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) and Banking Committee Ranking Member Elizabeth Warren (D-Mass.) have warned Cantor Fitzgerald & Co., financial services firm linked to Commerce Secretary Howard Lutnick, that its tariff-related trades pose a potential conflict of interest. Wyden and Warren ask in their letter to Brandon Lutnick, the CEO of Cantor Fitzgerald, LP, and Secretary Lutnick's son, for details on its work on tariff refund agreements and whether anyone at the firm has communicated with President Trump, Secretary Lutnick or other Trump administration officials. The Democrats are raising the alarm over financial products created by Cantor Fitzgerald that would allow clients to hedge against business risks posed by the uncertainty over whether the Supreme Court will ultimately uphold Trump's sweeping reciprocal tariffs against major foreign trading partners. 'Specifically, Cantor has created a 'litigation finance' product that places the company in the position of betting that courts will strike down Trump's tariffs. Given that one of the purported architects of President Trump's tariff policy is Commerce Secretary Howard Lutnick, your father and former Chairman and CEO of Cantor Fitzgerald, LP, the firm's actions raise obvious conflict-of-interest and insider dealing concerns,' they wrote. The Democrats raised the issue after Wired reported last month that Cantor Fitzgerald's investment banking arm was exploring the creation of a financial product for clients to bet on the legal outcome of Trump's tariffs. If the courts declare Trump's tariffs, which the president says are authorized under the International Emergency Economic Powers Act (IEEPA), companies that paid tariffs would likely be entitled to large refunds from the U.S. government. Cantor has reportedly offered companies an opportunity to trade their legal claim to a future tariff refund in exchange for twenty to thirty percent of the duties the company paid, Wyden and Warren noted. If the courts strike down the tariffs, Wyden and Warren say, Cantor could reap a financial windfall. 'Cantor has reportedly already made a deal with at least one company for its refund rights, valued at approximately $10 million and 'anticipate[s] that number will balloon in the coming weeks.' A Cantor representative reportedly said the firm has, 'the capacity to trade up to several hundred million of these presently and can likely upsize that in the future to meet potential demand,'' they wrote. 'This financial product effectively represents a bet that President Trump's tariffs will ultimately be declared unlawful by the Supreme Court,' they argued. Wyden and Warren are asking Brandon Lutnick to describe the scope of this activity and any contact Cantor employees have had with the Trump administration. They want to know how many tariff refund agreements have been drafted and how many have been finalized and how many different counterparties are involved with these agreements. They want information on whether Cantor created the tariff refund agreements at the request of a specific client or whether it originated the idea. 'We are concerned about the negative impacts of these tariffs and seek additional information regarding efforts by Cantor to profit from them,' they wrote. A spokesperson for Cantor Fitzgerald did not immediately respond to a request for comment.


Business Insider
3 days ago
- Business Insider
3 'Strong Buy' Value Stocks to Buy Now, 8/13/2025, According to Analysts
Value stocks offer stability for investors by focusing on companies that seem underpriced compared to their actual worth. This approach involves looking for stocks with strong fundamentals and growth potential. By investing in these stocks, investors can achieve significant returns once the market recognizes their true value. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. One way to identify value stocks is by comparing a company's price-to-earnings (P/E) ratio with industry averages or its historical P/E ratios. This ratio compares a company's stock price to its earnings per share. It must be noted that a lower P/E ratio may indicate that the stock is undervalued. Along with this, we have zeroed in on stocks that have received 'Strong Buy' ratings from Wall Street analysts. Here Are This Week's Stocks NICE Ltd. (NICE) – This software company provides cloud and on-premises solutions for customer experience, compliance, and financial crime prevention. It has a Strong Buy analyst consensus rating and an average price target of $206.14, implying a 39.05% upside potential from the current levels. The company's P/E of 19.82x reflects a 29.5% discount to the Technology sector's median of 28.10. Delta Air Lines (DAL) – This major American airline provides domestic and international passenger and cargo services. Its average price target of $67.50 implies a 14.93% upside potential from the current levels. DAL stock has a Strong Buy consensus rating. Trading at a P/E of 8.48x, the company is valued 66.1% below the Industrial sector's median multiple of 25.00. Post Holdings (POST) – This consumer packaged goods company is known for its branded and private-label foods. It has a Strong Buy analyst consensus rating and an average price target of $127.70, implying a 17.73% upside potential from the current levels. With a P/E ratio of 18.33x, the stock is priced at an 18.1% discount to the Consumer Defensive sector's median of 22.38. What Is TipRanks' Smart Value Newsletter? TipRanks' Smart Value Newsletter helps investors identify high-potential value stocks with strong fundamentals and long-term growth potential, based on TipRanks' data and analysis. The newsletter, published weekly, includes macroeconomic, market-wide, and company-specific analysis to help investors understand the trends that affect value investing.
Yahoo
5 days ago
- Yahoo
Cantor Fitzgerald Maintains Neutral Rating on Polestar (PSNY) Despite Delivery Beat
Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is one of the best EV penny stocks to buy according to hedge funds. On July 14, Cantor Fitzgerald reaffirmed its 'Neutral' rating on Polestar shares, despite the company reporting second-quarter 2025 delivery results that exceeded estimates. Polestar delivered 18,049 vehicles in the quarter, beating Cantor Fitzgerald's estimate of 11,744 vehicles and up from 13,072 deliveries in Q2 2024. The company delivered 30,319 cars in the first half of 2025, a 51% increase compared to the same period in 2024. Despite the strong delivery numbers, Cantor Fitzgerald cited Polestar's decision to pause its 2025 financial guidance (as of May 12, 2025) due to deteriorating macroeconomic conditions and uncertainty about tariffs as a reason for maintaining a 'Neutral' outlook. The analysts highlighted continuing risks, including significant capital requirements, 'Material impacts from tariffs and geopolitical tensions' due to Polestar's main manufacturing base in China, a substantial debt burden of $5.12 billion, and a negative gross profit margin of -43%. Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is a Swedish EV manufacturer. The company designs and sells premium battery-electric cars, including the Polestar 2 fastback sedan, the Polestar 3 and 4 SUVs, and the upcoming Polestar 5 grand tourer. Polestar also offers performance software upgrades, carbon credits, and vehicle leasing services. While we acknowledge the potential of PSNY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Performing Crypto Stocks So Far in 2025 and 10 Best Low-Risk Index Funds to Buy Now. Disclosure: None. This article is originally published at Insider Monkey.