Fuse Group Holding Inc Stock (OTC: FUSTD)

Latest news for Fuse Group Holding Inc (OTC:FUSTD) Stock

Fuse Group Holding Inc

Needham analyst Mayank Tandon maintains Globant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NYSE">GLOB</a>) with a Buy and lowers the price target from $265 to $220.

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GLOB

Needham Maintains Buy on Globant, Lowers Price Target to $220

BLUE

Trading Halt: Halt status updated at 7:55:00 AM ET: Quotation Resumption: News and Resumption Times

B of A Securities analyst Eddie Leung maintains Alibaba Gr Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) with a Buy and raises the price target from $117 to $150.

BABA

B of A Securities Maintains Buy on Alibaba Gr Hldgs, Raises Price Target to $150

Needham analyst Mayank Tandon maintains Grid Dynamics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDYN#NASDAQ">GDYN</a>) with a Buy and raises the price target from $25 to $30.

GDYN

Needham Maintains Buy on Grid Dynamics Holdings, Raises Price Target to $30

B of A Securities analyst Michael McGovern maintains Carvana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) with a Buy and raises the price target from $252 to $270.

CVNA

B of A Securities Maintains Buy on Carvana, Raises Price Target to $270

Tesla Inc. and SpaceX CEO, Elon Musk embraced his meme status during his recent appearance at CPAC 2025, tying it to his association with the popular cryptocurrency, Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>).
What Happened: During the interview with Newsmax host Rob Schmitt, Musk described himself as &#8220;living the meme,&#8221; a reference to his connection with Dogecoin, a cryptocurrency that originated from the internet-famous Doge meme featuring a Shiba Inu dog. Initially created as a meme, Dogecoin evolved into a real cryptocurrency thanks to Musk&#8217;s public support.
&#8220;Doge started out as a meme. Think about it. And now, it&#8217;s real. Isn&#8217;t that crazy? But it&#8217;s cool.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">.<a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@ElonMusk</a> at <a href="https://twitter.com/hashtag/CPAC2025?src=hash&amp;ref_src=twsrc%5Etfw">#CPAC2025</a>: &quot;I am become meme. Yeah. Pretty much. I&#39;m jus &#8212; I&#39;m living the meme. I&#39;m just like, living the dream And there&#39;s living the meme, and it&#39;s pretty much what&#39;s happening. I mean, Doge started out as a meme. Think about it. And now, it&#39;s real. Isn&#39;t that… <a href="https://t.co/rFZkPnkdof">pic.twitter.com/rFZkPnkdof</a>
&mdash; Curtis Houck (@CurtisHouck) <a href="https://twitter.com/CurtisHouck/status/1892700492985147489?ref_src=twsrc%5Etfw">February 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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SEE ALSO: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43874379/dogecoin-millionaire-pushes-conviction-plays-like-pepe-like-theres-no-tomorrow-best-time-to-start-buying">Dogecoin &#8216;Millionaire&#8217; Pushes &#8216;Conviction Plays&#8217; Like PEPE Like There&#8217;s No Tomorrow: &#8216;Best Time To Start Buying&#8217;</a>
Why It Matters: The Conservative Political Action Conference (CPAC), which took place from&nbsp;February 19-22, 2025, in Washington,&nbsp;D.C., is a significant gathering for conservatives. Musk&#8217;s participation indicates his growing&nbsp;involvement in political and cultural&nbsp;spheres, including his support for&nbsp;the Trump administration&#8217;s policies. 
In recent times, Elon Musk has also faced a lot of criticism regarding his involvement in the U.S. government. Reportedly, Tesla l<a href="https://www.benzinga.com/news/global/25/01/43172806/tesla-lost-15-billion-in-brand-value-in-2024-report-says-did-elon-musks-political-push-hurt-ev-giant">ost $15 billion in brand value in 2024 </a>due to Musk&#8217;s political opinion and open support for Trump.
In the event, Musk also spoke about the change in his perspective over the past several years, and his thoughts about the federal policy and regulation. The highlight of the event was the peculiar yet symbolic gold-plated chainsaw—an unusual gift from Argentine President Javier Milei to Musk representing the latter&#8217;s stance against government spending. 
The Tesla CEO also expressed a strong interest in touring the U.S. gold depository at Fort Knox, Kentucky. Notably, President Donald Trump and Elon Musk have <a href="https://www.benzinga.com/markets/commodities/25/02/43875860/trump-plans-fort-knox-gold-inspection-as-prices-soar-past-2940if-the-gold-isnt-there">revived long-standing debates</a> about the U.S. government&#8217;s gold reserves at Fort Knox, as gold prices soar to record highs exceeding $2,940 per ounce.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/general/space/25/02/43877217/spacex-ceo-elon-musk-pegs-delay-in-returning-sunita-williams-and-butch-wilmore-from-space-station-to-political-reasons">SpaceX CEO Elon Musk Pegs Delay In Returning Sunita Williams And Butch Wilmore From Space Station To &#8216;Political Reasons&#8217;</a></li>
</ul>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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$DOGE

Dogecoin's Journey From Memecoin To 'Real' Money 'Crazy But Cool,' Says Elon Musk: 'I Am Living The Meme'

Anglo American (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/AAUKF#OTCQX">AAUKF</a>) has signed a $5 billion agreement with Chilean state-owned miner Codelco to develop their neighboring Los Bronces and Andina operations jointly. The deal will further strengthen the company's footing in the leading<a target="_blank" href="https://www.benzinga.com/topic/copper" rel="noreferrer noopener"> copper-producing region.</a>
The production at those sites is set to begin in 2030, yielding 2.7 million tons of additional copper over 21 years. Anglo American owns the Los Bronces mine, which produced 215,000 tons of copper in 2023, while Codelco's Andina division, which includes the Rio Blanco and Sur Sur mines, produced 164,500 tons.
Both companies will retain full ownership of their assets and continue operating separately. Following the announcement, Anglo American shares surged over 5%.
"Copper is at the forefront of our growth ambitions," Anglo American CEO Duncan Wanblad said in the<a target="_blank" href="https://www.angloamerican.com/media/press-releases/2025/20-02-2025b" rel="noreferrer noopener"> statement</a>. "We already have a clear pathway to more than 1 million tons of annual copper production by the early 2030s, a 30% increase."
Codelco has a long history of working with private companies to boost production and efficiency. It currently owns a 49% stake in the El Abra copper mine with Freeport-McMoRan and a 42.3% stake in the Agua de la Falda project with Rio Tinto.
In 2023, it acquired a 10% stake in Teck Resources' Quebrada Blanca copper mine. The company is actively seeking new partnerships as it works to recover from declining production and growing debt.
Alongside the multi-billion-dollar partnership, Anglo American announced a<a target="_blank" href="https://www.angloamerican.com/media/press-releases/2025/20-02-2025b" rel="noreferrer noopener"> full-year 2024 result</a>, marking a net loss of $3.1 billion – largely due to a $2.9 billion impairment on the<a target="_blank" href="https://www.benzinga.com/news/guidance/25/02/43523263/debeers-slashes-production-guidance-as-anglo-american-considers-another-goodwill-impairment" rel="noreferrer noopener"> struggling </a><a target="_blank" href="https://www.benzinga.com/news/guidance/25/02/43523263/debeers-slashes-production-guidance-as-anglo-american-considers-another-goodwill-impairment" rel="noreferrer noopener">De Beers</a><a target="_blank" href="https://www.benzinga.com/news/guidance/25/02/43523263/debeers-slashes-production-guidance-as-anglo-american-considers-another-goodwill-impairment" rel="noreferrer noopener"> diamond business</a>. In contrast, Anglo had reported a net profit of $283 million in 2023.
Despite De Beers' challenges, Anglo American is moving forward with a plan to separate the business.
"The work to separate De Beers is well underway, with action taken to strengthen cash flow in the near term and position De Beers for long-term success and value realization," Wanblad said.
Regardless of the financial setbacks, Anglo American has made progress in its portfolio optimization efforts following BHP's $49 billion failed takeover last year. The company has agreed to sell its steelmaking coal and<a target="_blank" href="https://www.benzinga.com/news/asset-sales/25/02/43784881/anglo-american-offloads-nickel-business-in-500m-deal-details" rel="noreferrer noopener"> nickel businesses</a> for up to $5.3 billion in gross cash proceeds, with the demerger of Anglo American Platinum expected in June.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/02/43858757/bullion-boom-gold-etfs-gain-as-geopolitical-storm-fuels-surge" target="_blank" rel="noreferrer noopener">Bullion Boom: Gold ETFs Gain As Geopolitical Storm Fuels Surge</a></li>
</ul>
Photo via Shutterstock

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AAUKF

NGLOY

Anglo American Signs $5 Billion Partnership With Codelco, DeBeers Weighs On Financial Results

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) supporter and advocate Michael Saylor called on the U.S. government to accumulate BTC to eliminate the national debt and benefit its <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43765261/bitcoin-reserve-can-potentially-secure-u-s-superpower-status">citizens and taxpayers</a>.
What Happened: At the CPAC Conference, Saylor on Thursday <a href="https://x.com/WatcherGuru/status/1892646842585751688">championed</a> Bitcoin as the ultimate form of economic sovereignty and sound money. 
He emphasized that Bitcoin aligns with Satoshi Nakamoto's vision, empowering individuals against centralized entities like governments, banks and big tech.
According to Saylor, Bitcoin represents a censorship-resistant, tamper-proof ledger (ensuring integrity), self-custodial ownership (ensuring sovereignty) and an economic energy source immune to debasement, seizure or manipulation.
As Executive Chairman and co-founder of Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), Saylor detailed how adopting Bitcoin transformed his company, shifting it from stagnation to exponential growth. 
He argues that Bitcoin offers businesses an escape from: bank dependence, government monetary policies and inflationary currencies.
Saylor called on the U.S. government to accumulate Bitcoin, claiming it would eliminate national debt, strengthen the dollar, and solidify U.S. leadership in the digital economy. &nbsp;He stated, "There is only room for one nation-state to buy up 20% of the network, and that should be the United States."
Saylor believes if the U.S. acquires between 4–6 million BTC, it could generate $50 trillion to $80 trillion in benefits for American citizens and taxpayers.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43858235/bitcoin-down-6-over-the-past-month-why-is-btc-not-going-up">Bitcoin Down 6% Over The Past Month: Why Is BTC Not Going Up?</a>
What's Next: Saylor highlighted Bitcoin as the economic armor which protects individuals from financial oppression and confiscation, much like a deterrent against economic control. He added that when you own BTC, "no mayor no government no collectivist no socialist can debank you they can&#8217;t take your money away they can&#8217;t impoverish you."
He describes Bitcoin as a fundamental shift in economic power, securing generational wealth and offering individuals true financial freedom.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43855374/studying-bitcoin-will-strengthen-us-czech-central-bank-governor-says">Studying Bitcoin Will Strengthen Us, Czech Central Bank Governor Says</a></li>
</ul>
Image: Shutterstock

$BTC

MSTR

Michael Saylor: 'Bitcoin Is Economic Armor', Calls On US To Accumulate BTC

Loar Holdings Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOAR#NYSE">LOAR</a>) shares are trading lower premarket on Friday. The company signed a put option agreement to acquire 100% of&nbsp;LMB Fans &amp; Motors for 365 million euros (around $382 million) plus net debt,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/ac43867432/loar-announces-put-agreement-to-acquire-lmb-fans-motors-and-record-preliminary-fourth-quarter-and" rel="noreferrer noopener">payable in cash at closing</a>.&nbsp;
Founded over 60 years ago, LMB is a specialty player in designing and producing customized high-performance fans and motors.
The put option grants Loar exclusive rights to finalize the deal, pending consultation with LMB&#8217;s social and economic committee.
Loar plans to finance the acquisition through additional borrowings under its existing credit agreement and available cash.
The transaction&nbsp;is expected&nbsp;to close in&nbsp;the third&nbsp;quarter of 2025, following regulatory approvals and customary closing conditions.&nbsp;
Preliminary Results: For&nbsp;the fourth quarter&nbsp;of 2024, the company&nbsp;sees&nbsp;net sales of $108.1&nbsp;million-$110.1&nbsp;million (vs. consensus of $100.01 million), Adjusted EBITDA of $39.0&nbsp;million-$39.8&nbsp;million and net income of $2.7&nbsp;million-$3.3 million.
For 2024, Loar expects net sales of $400.5&nbsp;million-$402.5&nbsp;million (vs. consensus of $392.7 million), Adjusted EBITDA of $145.2 million- $146.0&nbsp;million and net income of $21.2&nbsp;million-$21.8&nbsp;million.
Outlook: For FY25, the company continues to expect net sales of $470 million and $480 million (vs. consensus of $483.4 million), while adjusted EPS outlook raised to $0.67-$0.72 (<a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">vs. consensus of $0.72) from $0.45-$0.50</a>.
&#8220;Given the visibility provided by our backlog we are reaffirming our topline and Adjusted EBITDA 2025 guidance as well as updating the guidance for the impact of the secondary offering completed in December 2024,&#8221; stated Glenn D&#8217;Alessandro, Loar&#8217;s Treasurer and CFO.
The company plans to release the fourth quarter and 2024<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener"> earnings&nbsp;on March 31, 2025</a>.
As of September 30, 2024, cash and cash <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/ac41937195/loar-holdings-inc-reports-q3-2024-results-upward-revision-to-2024-and-initial-2025-guidance" rel="noreferrer noopener">equivalent stood at $55.179 million</a>.
Price Action: LOAR shares are down 0.58% at $69.00 premarket at the last check Friday.
Read Next:
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<li><a href="https://www.benzinga.com/content/42379842/archer-or-joby-which-aviation-company-might-rise-fastest" target="_blank" rel="noreferrer noopener">Archer or Joby: Which Aviation Company Might Rise Fastest?</a></li>
</ul>
Photo via Shutterstock.

Earnings

Equities

Mid Cap

Movers

LOAR

Loar Holdings Expands With LMB Acquisition, Raises FY25 EPS Outlook

B of A Securities analyst Curtis Nagle maintains Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) with a Neutral and lowers the price target from $52 to $50.

B of A Securities Maintains Neutral on Wayfair, Lowers Price Target to $50

Needham analyst Bernie McTernan reiterates Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) with a Buy and maintains $50 price target.

Reiteration

Needham Reiterates Buy on Wayfair, Maintains $50 Price Target

B of A Securities analyst Robert Ford maintains MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) with a Buy and raises the price target from $2500 to $3000.

MELI

B of A Securities Maintains Buy on MercadoLibre, Raises Price Target to $3000

Benchmark analyst Cody Acree maintains Indie Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDI#NASDAQ">INDI</a>) with a Buy and lowers the price target from $9 to $8.

INDI

Benchmark Maintains Buy on Indie Semiconductor, Lowers Price Target to $8

Institutional investors were bullish on technology and financials during the fourth quarter of 2024 as these sectors saw major inflows, according to 13F filings with the Securities Exchange Commission (SEC). Investors were seen pulling back from the healthcare sector.
What Happened: 13F filings are mandatory reports filed by the managers overseeing at least $100 million in assets filed with the SEC. Adam Turnquist, the chief technical strategist at LPL Financial analyses the big rotation in the holdings of such funds for the fourth quarter.
<h3 class="wp-block-heading">Tech&#8217;s Resurgence and Financial Gains</h3>
The results of the U.S. presidential elections, hopes for deregulation, and the possibility of increased lending activity in the wake of Fed rate cuts led the investors to bump their stakes in technology and financials in the fourth quarter according to Turnquist.
After a slight dip in the third quarter, tech holdings surged by 0.7%, reflecting confidence in the sector&#8217;s growth potential. Rotation into financials increased by 0.6%.
&#8220;Communication services and consumer discretionary allocations both increased 0.5% from the third quarter, while allocations toward exchange-traded funds rose 0.4%,&#8221; according to LPL Financial&#8217;s note.
<h3 class="wp-block-heading">Healthcare Under Pressure</h3>
On the other hand, healthcare experienced a sharp decline, with allocations dropping by 1.4%.
This retreat followed a period of stagnation and was likely influenced by political factors. Turnquist said that &#8220;The nomination of the so-called anti-vaccine Health Secretary, Robert F. Kennedy, Jr. and the potential for reduced Affordable Care Act subsidies,&#8221; was also a potential trigger.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Sectors</td>
<td>Changes In Q4</td>
</tr>
<tr>
<td>Technology</td>
<td>0.70%</td>
</tr>
<tr>
<td>Financials</td>
<td>0.60%</td>
</tr>
<tr>
<td>Communications</td>
<td>0.50%</td>
</tr>
<tr>
<td>Consumer Discretionary</td>
<td>0.50%</td>
</tr>
<tr>
<td>Other</td>
<td>0.40%</td>
</tr>
<tr>
<td>Energy</td>
<td>-0.10%</td>
</tr>
<tr>
<td>Industrials</td>
<td>-0.20%</td>
</tr>
<tr>
<td>Utilities</td>
<td>-0.20%</td>
</tr>
<tr>
<td>Consumer Staples</td>
<td>-0.30%</td>
</tr>
<tr>
<td>Materials</td>
<td>-0.30%</td>
</tr>
<tr>
<td>Real Estate</td>
<td>-0.30%</td>
</tr>
<tr>
<td>Health Care</td>
<td>-1.40%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/25/02/43876325/quantum-computing-top-holders-in-q4-blackrock-vanguard-ubs-state-street-pour-money-in-rigetti-d-wave-ionq-qubt">Top Holders Of Quantum Computing Stocks In Q4: BlackRock, Vanguard, UBS, State Street Pour Money In Rigetti, D-Wave, IonQ, QUBT</a>
Why It Matters: These filings provide a window into the strategies of major players like hedge funds, pension funds, and endowments.
LPL Research&#8217;s Strategic and Tactical Asset Allocation Committee remains neutral on equities but favors large-cap growth and domestic companies. They also maintain a neutral stance on fixed income, recommending an &#8220;up-in-quality&#8221; approach and cautioning against adding duration due to expected interest rate volatility.
<h3 class="wp-block-heading">Hedge Funds Latgely Follow The Trend</h3>
Hedge funds largely mirrored the broader trend, increasing their tech holdings while reducing exposure to healthcare, according to the note.
Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) were among the top picks, with significant increases in market value. However, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) saw a net selling of 2.1 million shares, and Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) and PDD Holdings Inc. ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) also faced substantial reductions.
While the overall trend was consistent, individual hedge fund strategies varied. While Warren Buffett&#8216;s Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) increased its tech exposure and added Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) while reducing its stake in Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>).
Conversely, Scion Asset Management, led by Michael Burry, favored healthcare and consumer staples, exiting positions in financials and consumer discretionary.
<h3 class="wp-block-heading">Bond Market Bets And ETF Insights</h3>
Beyond individual stocks, 13F filings revealed that four of the top ten purchased bond ETFs tracked the U.S. bond market. Large-cap growth ETFs also saw significant inflows, indicating a preference for these high-growth stocks, highlighted the note.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/02/43875557/donald-trump-airs-fort-knox-inspection-as-gold-edges-closer-to-3000-it-is-an-essential-component-of-portfolio-says-expert">Gold Is An &#8216;Essential Component&#8217; Of Portfolio, Says Expert As It Nears $3000 While Trump, Musk Suggest Fort Knox Inspection Amid The Surge</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Government

Hedge Funds

AMZN

MSFT

NVDA

Citigourp Global Markets 2% Protected Notes Linked To The Djia

PLTR

TSLA

Institutional Investors Load Up On Technology And Financial Stocks In Q4 While Reducing Positions In Healthcare Sector Amid Political Uncertainty

B of A Securities analyst Madeline Brooks downgrades Akamai Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>) from Buy to Neutral and lowers the price target from $125 to $100.

Downgrades

AKAM

B of A Securities Downgrades Akamai Techs to Neutral, Lowers Price Target to $100

Needham analyst David Saxon maintains Glaukos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GKOS#NYSE">GKOS</a>) with a Buy and raises the price target from $149 to $176.

GKOS

Needham Maintains Buy on Glaukos, Raises Price Target to $176

<a href="https://x.com/BillAckman/status/1892912458840547554" title="https://x.com/BillAckman/status/1892912458840547554">https://x.com/BillAckman/status/1892912458840547554</a>

General

Investor Bill Ackman, In Response To Wall Street Journal Report Of DoJ Investigation Into United Health's Medicare Billing Practices, Posted on X He Would Avoid The Stock

Needham analyst James Ricchiuti maintains Universal Display (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLED#NASDAQ">OLED</a>) with a Buy and lowers the price target from $215 to $170.

OLED

Needham Maintains Buy on Universal Display, Lowers Price Target to $170

HC Wainwright &amp; Co. analyst Ed Arce reiterates Ardelyx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARDX#NASDAQ">ARDX</a>) with a Neutral and maintains $5.5 price target.

ARDX

HC Wainwright & Co. Reiterates Neutral on Ardelyx, Maintains $5.5 Price Target

United States Cellular (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USM#NYSE">USM</a>) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $(0.05) by 200 percent. This is a 68.75 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $970.00 million which beat the analyst consensus estimate of $965.87 million by 0.43 percent. This is a 3.00 percent decrease over sales of $1.00 billion the same period last year.

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