Premier Energies’ promoters and selling shareholders have sold 1,92,96,249 shares, which make up 30.68% of the total IPO size of 6,28,97,778 shares and 23.48% of […]
Tag: Valuation
CITI Upgrades Shopify Rating to Buy Amid Positive Growth Outlook
Citi has upgraded Shopify from Neutral to Buy, setting a price target of $105. Analyst Comments: Margin and Profitability Improvements: Shopify ($SHOP) has successfully addressed […]
Robinhood Downgraded to ‘Sell’ by Citi as Bitcoin’s Influence Raises Concerns, Price Target Raised to $16
Citi’s Downgrade: Citi has downgraded Robinhood $HOOD from “Neutral” to “Sell” while simultaneously raising its price target from $13 to $16. Reasoning: Bitcoin’s Influence: The […]
Microsoft-Backed Rubrik Files for IPO, Eyes Funding of $500-700 Million
Rubrik, a cloud and cybersecurity startup supported by Microsoft, has submitted paperwork to the SEC for an initial public offering (IPO), with plans to secure […]
Reddit Unveils IPO Plans on NYSE, Discloses $804 Million Revenue in 2023 Amid $90.8 Million Net Loss
Reddit has officially submitted its IPO filing. According to Bloomberg, numerous WallStreetBets forum members are engaging in discussions about shorting the company. Reddit $RDDT is […]