Lekha Gupta

Freightos: Leading the Digital Revolution in the Freight Industry, According to Analysts

Analysts from Oppenheimer, including Jason Helfstein and Jed Kelly, have recently initiated coverage on Freightos Ltd (CRGO) with an Outperform rating and a price target of $5.These analysts believe that Freightos, as a digital freight booking platform, is...

Reasons Behind the Surge in ZeroFox Shares Today

Shares of ZeroFox Holdings IncΒ (ZFOX) have seen a significant increase of approximately 10% following the release of better-than-expected Q2 FY24 results and above-consensus Q3 guidance.In the latest report, ZeroFox reported revenue of $62.2 million, surpassing the consensus estimate...

Revamped Landscape in the Credit Card Companies Sector: Analyst Cautions About Near-Term Risks, But Sees Long-Term Stability

Analyst Evaluates Credit Card Companies RBC Capital Markets analyst Jon G. Arfstrom recently reevaluated the ratings and price targets of several credit card companies based on a revised short-term outlook for the industry. American...

Hersha Hospitality Trust Receives Downgrade Following $1.4 Billion KSL Acquisition, Analyst Declares “End of an Era”

Bryan Maher, an analyst at B.Riley Securities, has downgraded Hersha Hospitality Trust (NYSE: HT) from Buy to Neutral. The upgraded price target is now $10, up from $9. ...

The Time to Invest in Eos Energy: $400M DOE Loan and Project AMAZE Spark Analyst Optimism

Analyst: Eos Energy Enterprises Inc (Ticker: EOSE) Upgrade to Buy with $10 Price TargetGuggenheim analyst Joseph Osha has upgraded Eos Energy Enterprises Inc (EOSE) from Neutral to Buy and set a price target of $10. The reason for...

Entravision and Match Group Join Forces to Dominate the Dating Scene in Africa

Entravision Communications Corp Partners with Match Group Inc Entravision Communications Corp (EVC), in collaboration with Match Group Inc (MTCH), has formed an exclusive sales partnership across Africa. The financial details of the partnership were not disclosed. Match Group, a leader...

Golden Ocean Group Exceeds Q2 Revenue Expectations, Affirms Strong Dry Bulk Demand

Golden Ocean Group Ltd (GOGL) has reported Q2 FY23 revenue of $213.38 million, surpassing the consensus estimate of $148.97 million.Β During Q2, TCE rates for Capesize and Panamax/Ultramax vessels reached $19,083 per day and $15,617 per day, respectively.Operating expenses...

Analyst: Pagaya Technologies Resolves Major Issue for Marketplace Lenders

Overview JMP Securities analyst David M. Scharf has initiated coverage on Pagaya Technologies Ltd. (PGY) with a Market Outperform rating and a price target of $2.75. According to...

Nordic American Tankers falls short of Q2 earnings expectations but achieves strong average time charter equivalent

Summary Nordic American Tankers Ltd (NAT), listed on the New York Stock Exchange (NYSE), reported Q2 FY23 revenue of $67.80 million, below the analyst consensus forecast of $68.32 million. The quarter...

Shares of China’s Top Debt-Ridden Real Estate Developer Plummet by $2 Billion Following Trading Resumption

China Evergrande Group, a prominent property developer, has announced an extension of the voting record time for its offshore debt restructuring plan, which has had a significant impact on its market value. ...