The Latest Breaking News from NYSE

Novartis Announces $250M In R&D Funding For Neglected Tropical Diseases, Malaria

Novartis AG (NYSE:NVS) is pledging $250 million into R&D for new treatments of neglected tropical diseases (NTD) and malaria, with an aim to eliminate these diseases. "Over the past decade, great progress has been made against NTDs, but there is still a lot more work to be done," CEO Vas Narasimhan said. Novartis…

Benzinga · Jun 23, 2022

FDA Gives Approval For Novartis' Tafinlar + Mekinist Broadens BRAF/MEK Cancer Combo Use

The FDA granted accelerated approval to Novartis AG's (NYSE:NVS) pairing of Tafinlar and Mekinist for any advanced solid tumors with the BRAF V600E mutation.  The patient must have progressed following prior therapy and have no alternative treatment options. The combo is already approved for BRAF mutated non-small cell lung cancer, melanoma, and thyroid cancer.…

Benzinga · Jun 23, 2022

Raymond James Cuts United Airlines Price Target By ~23%

Raymond James analyst Savanthi Syth lowered the price target for United Airlines Holdings Inc (NYSE:UAL) to $48 (an upside of 35%) from $62 while maintaining the Outperform rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned…

Benzinga · Jun 23, 2022

Expert Ratings for AvalonBay Communities

Within the last quarter, AvalonBay Communities (NYSE:AVB) has observed the following analyst ratings:

Benzinga · Jun 23, 2022

What 4 Analyst Ratings Have To Say About Regal Rexnord

Regal Rexnord (NYSE:RRX) has observed the following analyst ratings within the last quarter:

Benzinga · Jun 23, 2022

Expert Ratings for Johnson Controls Intl

Analysts have provided the following ratings for Johnson Controls Intl (NYSE:JCI) within the last quarter:

Benzinga · Jun 23, 2022

Raymond James Turns Bullish On Southwest Airlines

Raymond James analyst Savanthi Syth upgraded Southwest Airlines Co (NYSE:LUV) to Strong Buy from Outperform and lowered the price target to $55 (an upside of 56%) from $57. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity…

Benzinga · Jun 23, 2022

Why Shares Of Grief Are Trading Higher

Greif, Inc. (NYSE: GEF) shares are trading higher after the company announced a $150 million share buyback program.

Benzinga · Jun 23, 2022

Raymond James Upgrades Frontier Group - Read Why

Raymond James analyst Savanthi Syth upgraded Frontier Group Holdings Inc (NASDAQ:ULCC) to Outperform from Market Perform while maintaining the same price target of $14 (an upside of 45%). The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity…

Benzinga · Jun 23, 2022

Raymond James Cuts Delta Air Lines Price Target By ~6%

Raymond James analyst Savanthi Syth lowered the price target for Delta Air Lines, Inc's (NYSE:DAL) to $50 (an upside of 73%) from $53 while maintaining the Strong Buy rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and…

Benzinga · Jun 23, 2022