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Analysts Offer Insights on Healthcare Companies: Vigil Neuroscience Inc (VIGL), Fisher & Paykel Healthcare Corporation Limited (OtherFSPKF) and Viridian Therapeutics (VRDN)

Analysts Offer Insights on Healthcare Companies: Vigil Neuroscience Inc (VIGL), Fisher & Paykel Healthcare Corporation Limited (OtherFSPKF) and Viridian Therapeutics (VRDN)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Vigil Neuroscience Inc (VIGL – Research Report), Fisher & Paykel Healthcare Corporation Limited (FSPKF – Research Report) and Viridian Therapeutics (VRDN – Research Report).
Confident Investing Starts Here:
Vigil Neuroscience Inc (VIGL)
In a report released today, Paul Matteis from Stifel Nicolaus maintained a Buy rating on Vigil Neuroscience Inc, with a price target of $11.00. The company's shares closed last Friday at $7.89.
According to TipRanks.com, Matteis is a 3-star analyst with an average return of 1.2% and a 40.9% success rate. Matteis covers the Healthcare sector, focusing on stocks such as Neumora Therapeutics, Inc., Sionna Therapeutics, Inc., and KalVista Pharmaceuticals.
Vigil Neuroscience Inc has an analyst consensus of Hold, with a price target consensus of $9.50.
Fisher & Paykel Healthcare Corporation Limited received a Hold rating and a A$35.80 price target from Jefferies analyst Vanessa Thomson on May 23. The company's shares closed last Thursday at $20.70.
Thomson has an average return of 22.2% when recommending Fisher & Paykel Healthcare Corporation Limited.
According to TipRanks.com, Thomson is ranked #1098 out of 9562 analysts.
Currently, the analyst consensus on Fisher & Paykel Healthcare Corporation Limited is a Moderate Buy with an average price target of $25.30.
Viridian Therapeutics (VRDN)
Stifel Nicolaus analyst Alex Thompson CFA maintained a Buy rating on Viridian Therapeutics today and set a price target of $41.00. The company's shares closed last Friday at $13.57, close to its 52-week low of $11.40.
According to TipRanks.com, CFA 's ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -5.8% and a 40.7% success rate. CFA covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Crinetics Pharmaceuticals, and Third Harmonic Bio, Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viridian Therapeutics with a $38.80 average price target, representing a 189.8% upside. In a report issued on May 20, Wedbush also maintained a Buy rating on the stock with a $41.00 price target.

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Bioretec Ltd publishes an exemption document relating to its rights issue
Bioretec Ltd publishes an exemption document relating to its rights issue

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Bioretec Ltd publishes an exemption document relating to its rights issue

Bioretec Ltd Company announcement 4 June 2025 at 4:00 p.m. EEST NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SINGAPORE, OR ANY OTHER JURISDICTION IN WHICH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. TAMPERE, Finland, June 4, 2025 /PRNewswire/ -- Bioretec Ltd ("Bioretec" or the "Company") announced on 28 May 2025 that it is commencing a rights issue, in which Bioretec offers up to 6,156,618 new shares (the "New Shares") for subscription by Bioretec's existing shareholders in accordance with the pre-emptive right of shareholders with a subscription price of EUR 1.50 per New Share (the "Offering"). In connection with the Offering, the Company has prepared an exemption document ("Exemption Document") in accordance with Article 1.4 db) of the European Parliament and Council Regulation (EU) 2017/1129 (the "Prospectus Regulaton"). The disclosure document has been prepared in accordance with the requirements of Annex IX to the Prospectus Regulation. The Exemption Document is available on Bioretec's website at on or about 4 June 2025. In addition, the Exemption Document will be available on the website of Danske Bank A/S, Finland Branch at on or about 4 June 2025. The unofficial English-language translation of the Exemption Document will be available on Bioretec's website at and on the website of Danske Bank A/S, Finland Branch at on or about 4 June 2025. The subscription period for the New Shares will commence on 5 June 2025 at 9:30 am Finnish time and end on 19 June 2025 at 16:00 pm Finnish time. The subscription rights are freely transferrable and trading in the subscription rights on Nasdaq First North Growth Market Finland marketplace will take place between 5 June 2025 and 12 June 2025. Bioretec will publish a recorded investor presentation regarding the Offering on Thursday 5 June 2025. The recording will be available on Bioretec's website at and at The investor presentation is held in English. Danske Bank A/S, Finland Branch and DNB Carnegie Investment Bank AB, Finland Branch are acting as the Joint Global Coordinators and the Joint Bookrunners of the Offering (the "Joint Global Coordinators"). Krogerus Attorneys Ltd is acting as the legal counsel to the Company. Borenius Attorneys Ltd is acting as the legal counsel to the Joint Global Coordinators. Bravura Ltd is acting as the communications adviser to the Company. Further enquiries Sarah van Hellenberg Hubar-Fisher, Interim CEO, +31 6 1544 8736Johanna Salko, CFO, +358 40 754 8172 Certified adviser Nordic Certified Adviser AB, +46 70 551 67 29 Information about Bioretec Bioretec is a globally operating Finnish medical device company that continues to pioneer the application of biodegradable orthopedic implants. The company has built unique competencies in the biological interface of active implants to enhance bone growth and accelerate fracture healing after orthopedic surgery. The products developed and manufactured by Bioretec are used worldwide in approximately 40 countries. Bioretec is commercializing and developing the new RemeOs™ product line based on a magnesium alloy and hybrid composite - a new generation of strong biodegradable materials for enhanced surgical outcomes. The RemeOs™ implants are absorbed and enhance bone remodeling, which eliminates the need for removal surgery while facilitating fracture healing. The combination has the potential make implant removal operations redundant and help clinics reach their Value-Based Healthcare targets while focusing on value for patients through efficient healthcare. The first RemeOs™ product market authorization has been received in the U.S. in March 2023, and in Europe, the CE mark approval was received in January 2025. Bioretec is positioning itself to enter the addressable over USD 10 billion global orthopedic trauma and spine market and to become a game changer in surgical bone fracture treatment. Better healing - Better life. IMPORTANT INFORMATION Neither this release nor the information contained herein is for publication, distribution or release, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore or any other jurisdiction in which publication or distribution would be unlawful. The information contained herein does not constitute an offer of securities for sale in the United States, nor may the securities of Bioretec Ltd (the "Company") be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. The Company does not intend to register any portion of the offering in the United States or to offer securities to the public in the United States. This release is not a prospectus within the meaning of the Regulation (EU) 2017/1129 of the European Parliament and of the Council (as amended, the "Prospectus Regulation") and has not been approved by any competent authority. This release neither describes nor purports to describe risks (direct or indirect) that may be associated with an investment in the Company's securities. In connection with the offering, the Company will prepare an exemption document in accordance with Article 1.4 db of the Prospectus Regulation. The exemption document will be prepared in accordance with the requirements of Annex IX to the Prospectus Regulation. The exemption document does not constitute a prospectus under the Prospectus Regulation and will neither be reviewed nor approved by the Finnish Financial Supervisory Authority. The Company has not authorised any offer to the public of securities in the United Kingdom or in any Member State of the European Economic Area other than Finland. With respect to each Member State of the European Economic Area and which applies the Prospectus Regulation (each, a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of securities requiring publication of a prospectus in any Relevant Member State. As a result, the securities may only be offered in the Relevant Member States (a) to any legal entity, which fulfils the requirements of a qualified investor as defined in the Prospectus Regulation; or (b) in any other circumstances falling within Article 1(4) of the Prospectus Regulation. For the purposes of this paragraph, the expression "offer of securities to the public" means a communication to persons in any form and by any means, presenting sufficient information on the terms of the offer and the securities to be offered, so as to enable an investor to decide to purchase or subscribe for those securities. This communication is directed only at persons who are outside the United Kingdom or persons who are qualified investors within the meaning of the Prospectus Regulation as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 and are also (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "Relevant Persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents. No part of this release, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. The information contained in this release has not been independently verified. No representation, warranty or undertaking, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. The Company or any of its respective affiliates, advisors or representatives or any other person, shall have no liability whatsoever (in negligence or otherwise) for any loss however arising from any use of this release or its contents or otherwise arising in connection with this release. Each person must rely on their own examination and analysis of the Company, its subsidiaries, its securities and the offering, including the merits and risks involved. The Joint Global Coordinators are acting exclusively for the Company and no one else in connection with the offering. They will not regard any other person as their respective client in relation to the offering. The Joint Global Coordinators will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients nor for giving advice in relation to the offering or any transaction or arrangement referred to herein. Notice to distributors Solely for the purposes of the product governance requirements set forth in (a) Directive 2014/65/EU (as amended, "MiFID II"); (b) Articles 9 and 10 of the Commission Delegated Directive 2017/593/EU supplementing MiFID II; and (c) local implementation measures (together "MiFID II Product Governance Requirements"), and disclaiming any liability the "manufacturer" (due to MiFID II Product Governance Requirements) may otherwise have, regardless of whether the liability is based on infringement, contract or otherwise, the Subscription Rights and the New Shares have been subject to an approval process whereby each of them: (i) satisfies the target market requirements of end customers for retail investors, as well as the requirements for investors defined as professional clients and eligible counterparties, as separately defined in MiFID II (the "Target Market Assessment"); and (ii) are suitable for offering through all distribution channels, as permitted in MiFID II. 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Transparency of Tennessee business tax refund law in question
Transparency of Tennessee business tax refund law in question

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Transparency of Tennessee business tax refund law in question

AT&T was among the corporations getting tax rebates from the state of Tennessee. (Photo: John Partipilo/Tennessee Lookout) Tennessee's newly-released listing of companies netting a business tax refund creates the appearance of transparency without providing the public a true picture, according to an open government advocate. Deborah Fisher, executive director of Tennessee Coalition for Open Government, said Tuesday the information posted May 31 on the Department of Revenue website should contain more exact amounts of refunds to the 60,000 companies that received an estimated total of $1.5 billion. The lists also should remain available for more than 30 days because removal lends itself to 'secrecy,' Fisher said. When lawmakers passed the Republican-backed measure in 2024 at the request of Gov. Bill Lee, senators were loath to put out any public information. But the House demanded a modicum of openness before supporting Senate Bill 2103. These are people threatening to sue the state, and they got $1.5 billion in refunds. Tell me who they are, tell me how much they got. – Deborah Fisher, Tennessee Coalition for Open Government That included posting the names of companies that receive the refunds in categories of less than $750, between $750 and $10,000 and more than $10,000. 'To say something is above $10,000 is not transparent, because it could be $10,500 or $100,000. This covers three years of tax payments that were calculated … and it is not inconceivable that some companies might get a lot of money back,' Fisher said. 'That's why (businesses) got the legislature to change the law.' In addition, Fisher said the governor should release the amount that Lee Company received in the refund and that any lawmaker who applied for a refund should disclose the amount. Lee has consistently said his interest in the family company was placed in a blind trust during his governorship, which will run out in late 2027. Most proponents of the legislation said last year it was necessary because of the threat of litigation, though state officials never revealed the names of companies challenging the legality of the state's franchise and excise tax. Others who supported the measure said it was good tax policy to slash the property tax for businesses statewide. 'Was it truly a legal threat or did they just want to give more money away to corporations who contribute to their campaign or who they're connected with?' Fisher said. Besides the refunds, lawmakers cut the franchise tax — which is levied on companies in amounts based on net worth of capital — by $410 million annually, a move critics say is putting a dent in revenues to the tune of $335 million so far this year. Lawmakers and state officials argued against listing more specific information on the rebates by saying taxpayer information is confidential. Fisher, though, said if the matter had gone to court, the information would have become public record, and the public would have had a better indication of how the state's franchise tax was faulty. World's top businesses, Lee Company receive biggest Tennessee tax rebates 'Maybe it was cheaper to change the law,' Fisher said. 'But still, these are people threatening to sue the state, and they got $1.5 billion in refunds. Tell me who they are, tell me how much they got.' Rep. Jeremy Faison of Cosby, chairman of the House Republican Caucus, defended the law Tuesday by saying every recipient of the 'significant tax cut' is listed on the state site for the public to search and save. 'I believe in transparency, and so do my fellow Republicans. That's exactly why the House made sure the public has easy access to this information,' Faison said via text message. Only one Republican, Rep. Gino Bulso of Brentwood, voted against the bill, and only one Democrat, Rep. Johnny Shaw of Bolivar, voted for the bill last year. Otherwise, the measure passed along party lines with supermajority Republicans supporting it. Democratic Rep. Sam McKenzie of Knoxville said Tuesday the list doesn't provide enough transparency and called it a 'self-serving' measure 'to keep the rich folks rich' and hurt working-class Tennesseans. He added that the policy enables businesses such as Lee Company to hide behind the refund ranges, even though they could have received much more than $10,000. 'It's obvious that they're ashamed of it. If they're not ashamed of it, they wouldn't allow it to sit out there for just 20 or 30 days,' McKenzie. 'It's an indictment.' Democratic Rep. Caleb Hemmer of Nashville echoed those comments, saying the ranges of money are 'worthless' as far as transparency when Fortune 500 companies are lumped in with mom-and-pop businesses. 'They didn't want to put targets on some people's backs, but they're asking for pretty significant (refunds), $2 billion of tax revenue in a very odd and unique situation, and I think the more transparency the better,' Hemmer said. Democratic lawmakers, Rep. John Ray Clemmons and Sen. Jeff Yarbro of Nashville proposed an alternative bill last year that they said would have enabled the state to avoid a lawsuit and continue to collect the business tax. Republican lawmakers declined to consider it. Yarbro's law firm, Bass, Berry & Sims, received a refund. Several Senate Republicans declared a conflict of interest when voting for the bill in March 2024, including Sen. Shane Reeves of Murfreesboro, CEO of TwelveStone Health Partners, which is listed as receiving a refund. Reeves said via text message Tuesday he was 'comfortable' with the reporting ranges in regard to the franchise and excise tax law and said they 'seemed like a fair compromise.' 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Analysts Offer Insights on Industrial Goods Companies: Performance Shipping (PSHG) and Sterling Construction (STRL)
Analysts Offer Insights on Industrial Goods Companies: Performance Shipping (PSHG) and Sterling Construction (STRL)

Business Insider

timea day ago

  • Business Insider

Analysts Offer Insights on Industrial Goods Companies: Performance Shipping (PSHG) and Sterling Construction (STRL)

There's a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Performance Shipping (PSHG – Research Report) and Sterling Construction (STRL – Research Report) with bullish sentiments. Confident Investing Starts Here: Performance Shipping (PSHG) In a report issued on May 30, Tate Sullivan from Maxim Group reiterated a Buy rating on Performance Shipping, with a price target of $5.00. The company's shares closed last Tuesday at $1.60, close to its 52-week low of $1.48. According to Sullivan 's ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.9% and a 38.7% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as United Maritime Corp., Seanergy Maritime, and BWX Technologies. The the analyst consensus on Performance Shipping is currently a Hold rating. William Blair analyst Louie DiPalma maintained a Buy rating on Sterling Construction today. The company's shares closed last Tuesday at $194.23, close to its 52-week high of $206.07. According to DiPalma has 0 stars on 0-5 stars ranking scale with an average return of -11.7% and a 60.6% success rate. DiPalma covers the Technology sector, focusing on stocks such as Palantir Technologies, Science Applications, and BigBearai Holdings. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sterling Construction with a $205.00 average price target.

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