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Weizhi Aviation, a Chinese cargo drone manufacturer, has secured approximately 100 million yuan (US$13.8 million) in a pre-series A funding round, led by Liangxi Science and Technology Innovation Industry Investment and China Merchants Venture Capital. Founded in 2020 and based in Shenzhen, the company specializes in large unmanned cargo aircraft, with its first model, the Macro Cloud Bear, capable of transporting 500 kilograms over 500 kilometers. Weizhi Aviation aims to expand its operations and develop future models, including heavier and electric-powered drones, while contributing to China's growing low-altitude economy.
Zoetis Inc. (NYSE:ZTS) reported a quarterly EPS of $1.40, surpassing estimates, with revenue of $2.32 billion. The company announced a quarterly dividend of $0.50 per share, yielding 1.33%, and has a market cap of $67 billion. Analysts maintain a "Buy" rating, with a consensus price target of $214.40.
Crown Castle Inc. has received a "Moderate Buy" rating from analysts, with an average price target of $110.47. The company, which owns over 40,000 cell towers and 90,000 miles of fiber, recently announced a quarterly dividend of $1.565, yielding 6%. Institutional investors hold 90.77% of the stock, reflecting strong interest in the REIT.
Goldman Sachs has raised its price target for Nasdaq, Inc. to $83 from $80 while maintaining a Buy rating. Nasdaq, a leading stock exchange, generates 52% of its net sales from trading services, 29.2% from data and market indexes, and 18.1% from market software, with the U.S. accounting for 80.3% of total sales.
Wells Fargo has adjusted its price target on PepsiCo to $140 from $150 while maintaining an Equalweight rating. PepsiCo, a leader in non-alcoholic beverages and snacks, generates 60% of its net sales from North America, with significant contributions from Europe, Latin America, and other regions. The company's diverse product portfolio includes popular brands such as Gatorade, Lay's, and Aquafina, with a strong geographical presence in the U.S. and various international markets.
Barclays has raised its price target on AT&T Inc. to $30 from $27 while maintaining an overweight rating. AT&T is a major American telecommunications operator, primarily focused on mobile and fixed telephony, broadband Internet, and satellite television services. The company's net sales are predominantly generated from service offerings (81.4%), with a smaller portion from equipment sales (18.6%), and most revenue comes from the United States (95.7%).
HSBC has downgraded IQVIA from Buy to Hold, adjusting its price target from $260 to $160. IQVIA, a leader in information, analytics, and healthcare services, generates 55.4% of its net sales from contract research and clinical development, 39.9% from technology and analytics solutions, and 4.7% from integrated services. Geographically, its sales are distributed with 47.8% in the Americas, 31.9% in Europe and Africa, and 20.3% in Asia/Pacific.
NVR, Inc. reported a stock transaction where a director sold shares at an average price of $7,515.60, totaling $1,074,730.80, resulting in an 11.99% decrease in ownership. The director now holds 1,050 shares valued at approximately $7,891,380. Institutional investors own 83.67% of the company, which operates as a homebuilder in the U.S. and has a market cap of $21.27 billion.
Citi has appointed Christopher Chang as the new head of markets solutions for financial institutions in Asia, effective July, based in Singapore. He will report to Cecile Gambardella and Sue Lee, leveraging his 28 years of experience from Goldman Sachs and other major banks to enhance Citi's client offerings. This move follows recent expansions in Citi's Asia FX markets team.
BioNTech SE, a Germany-based clinical-stage biotechnology firm, specializes in patient-specific immunotherapies for cancer and serious diseases. The company develops a diverse product pipeline utilizing mRNA-based therapies, cell therapies, and other technologies, while also offering diagnostic products and drug discovery services for various therapeutic areas.
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Weizhi Aviation secures funding to advance cargo drone production in China
12:11 25.04.2025
zoetis reports strong earnings and announces quarterly dividend increase
12:05 25.04.2025
crown castle receives moderate buy rating with strong dividend yield and growth potential
12:05 25.04.2025
Goldman Sachs raises Nasdaq price target while maintaining buy rating
12:03 25.04.2025
wells fargo lowers pepsico price target while maintaining equalweight rating
12:03 25.04.2025
barclays raises at&t price target to thirty maintains overweight rating
12:03 25.04.2025
hsbc downgrades iqvia to hold and lowers price target to 160
12:01 25.04.2025
director reduces stake in nvr inc amid market fluctuations
11:57 25.04.2025
Citi appoints Christopher Chang as head of markets solutions for Asia
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11:49 25.04.2025
biotech firm biotechnologies for cancer and serious diseases development
11:42 25.04.2025
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