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The Latest Breaking News from Raymond James

Legal tech startup ProfitSolv seeks buyer amid sluggish merger climate

Bankers don’t expect “Trump Bump” will boost mergers this year

This Analyst Believes Seagen Is Evaluating Strategic Alternatives

This Analyst Believes Seagen Is Evaluating Strategic Alternatives

Raymond James initiated coverage on Seagen Inc (NASDAQ:SGEN) at Outperform with a $220 target price. Citing the recent departure of the long-time Seagen CEO, Raymond James thinks that the Board of Directors is likely evaluating strategic alternatives for the company. The relationship with Merck & Company, Inc. (NYSE:MRK) has been long-standing. With Keytruda losing its patent…

United Airlines Pilots Approve Tentative Agreement On 14.5% Pay Hike

United Airlines Pilots Approve Tentative Agreement On 14.5% Pay Hike

United Airlines Holdings Inc (NASDAQ:UAL) pilots have voted to approve a tentative agreement (TA) on modified terms for their collective bargaining agreement. The United Master Executive Council represents 14,000 UAL pilots, as represented by the Air Line Pilots Association, Int’l (ALPA). The tentative agreement highlights three pay rate increases totaling more than 14.5%…

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Raymond James Says PTC Therapeutics' CHMP Backing Is 'Under Exceptional Circumstances' What's Next

Last week, PTC Therapeutics Inc's (NASDAQ:PTCT) Upstaza (PTC-AADC; AAV2-based DDC gene therapy) received a CHMP opinion for approval under exceptional circumstances, says Raymond James. It maintains Outperform rating on the stock. The CHMP recommended Upstaza for AADC deficiency (AADCD) patients aged 18 months and older with a severe phenotype. According to the analysts, with the…

3 Home Depot Analysts On Q1 Earnings: 'A Flexible Business Model'

Home Depot Inc (NYSE: HD) reported revenue and earnings ahead of Street expectations Tuesday and raised its full-year outlook. Here's what the Street has to say.

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