Daily Stock Ideas – January 24, 2022
Unilever (UL) – Shares rose following a media report that hedge fund Trian Partners has built a stake in the company.
Snap (SNAP) – Wedbush downgraded the stock from Outperform to Neutral and announced a $36 price target.
OPKO Health (OPK) – The FDA issued a Complete Response Letter regarding the company’s Biologics License Application for treatment of pediatric growth hormone deficiency.
Macy’s (M) – A sympathy play. Shares rose amid media reports that several funds are interested in acquiring Kohl’s.
IBM (IBM) – The company reports Q4 earnings today after the close.