Hikari Tsushin (OTC:HKTGF) Stock, Quote.Headers.trade-ideas

Hikari Tsushin Inc is a Japanese company that provides services such networking and automation products offers individual insurance plans for small and medium-size enterprises. The company has three reporting segments: corporate, shop and insurance. The corporate segment offers products such as Wi-Fi routers, SIM cards, water coolers and LED lighting. Revenue is evenly split between the corporate and shop segments with insurance adding a small portion. The company earns the vast majority of its revenue in Japan.

HIKARI TSUGHIN INC ORD by Hikari Tsughin Inc.

Hikari Tsushin Inc

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>UBS analyst Michael Goldsmith initiated coverage on NETSTREIT Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTST#NYSE">NTST</a>) with a Buy rating and announced a price target of $19. Netstreit shares closed at $15.70 on Friday. <a href="https://www.benzinga.com/quote/NTST/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Seaport Global analyst Michael Harrison initiated coverage on Element Solutions Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESI#NYSE">ESI</a>) with a Buy rating and announced a price target of $33. Element Solutions shares closed at $25.98 on Friday. <a href="https://www.benzinga.com/quote/ESI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Kyle Menges initiated coverage on The Timken Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Neutral rating and announced a price target of $90. Timken shares closed at $84.04 on Friday. <a href="https://www.benzinga.com/quote/TKR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo analyst Praneeth Satish initiated coverage on Shoals Technologies Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHLS#NASDAQ">SHLS</a>) with an Equal-Weight rating and announced a price target of $46. Shoals Technologies shares closed at $5.31 on Friday. <a href="https://www.benzinga.com/quote/SHLS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Julien Dumoulin-Smith initiated coverage on PG&amp;E Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) with a Buy rating and announces Price Target of $24. PG&amp;E shares closed at $19.63 on Friday. <a href="https://www.benzinga.com/quote/PCG/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying PCG stock? Here&#8217;s what analysts think:
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="522" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14094412/image-100-1024x522.png" alt="" class="wp-image-593945" style="width:632px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14094412/image-100-1024x522.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14094412/image-100-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14094412/image-100-768x392.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14094412/image-100.png 1327w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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News

Initiation

Analyst Ratings

Trading Ideas

NTST

SHLS

This PG&E Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday

VERB

Verb Technology Shares Resume Trading

ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) shares are trading higher on Monday. The company plans to invest $1.5 billion in the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41309948/servicenow-pledges-1-5bn-investment-into-uk-business-over-five-years" rel="noreferrer noopener">U.K. over the next five years</a>.
The company plans to expand office space and increase its workforce beyond 1,000 employees.
The investment will also enhance its London and Newport data centers with Nvidia GPUs for local LLM data processing and introduce skills programs for 240,000 U.K. learners.
ServiceNow is reaffirming its commitment to the U.K. by investing in expanded office space, significant workforce growth, and AI skills programs.
The company aims to leverage AI through domain-specific LLMs in U.K. data centers and to provide reskilling opportunities for British workers.
ServiceNow Chairman and CEO Bill McDermott&nbsp;said,&nbsp;&#8220;The United Kingdom is embracing technology transformation at scale. In this new age of AI, the country continues to be a global leader in driving innovation for the benefit of all its communities.&#8221;
&#8220;Our investment accelerates the UK&#8217;s push to put AI to work, empowering people, enriching experiences, and strengthening societal bonds. Together, ServiceNow and our customers across the UK are delivering a future where technology benefits everyone.&#8221;
Investors can gain exposure to the stock via&nbsp;iShares Expanded Tech-Software Sector ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IGV#BATS">IGV</a>) and Franklin Exponential Data ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/XDAT#BATS">XDAT</a>).
Price Action: NOW shares are up 0.71% at $945.25 at the last check on Monday.
Image via Shutterstock
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Equities

Large Cap

XDAT

ServiceNow Commits $1.5B To UK AI And Workforce Growth

<a href="https://www.caixinglobal.com/2024-10-14/exclusive-china-may-issue-6-trillion-yuan-in-treasury-bonds-to-buttress-economy-102245341.html#:~:text=ECONOMY-,Exclusive%3A%20China%20May%20Issue%206%20Trillion%20Yuan,Treasury%20Bonds%20to%20Buttress%20Economy&amp;text=China%20may%20raise%206%20trillion,of%20the%20matter%20told%20Caixin.">Exclusive: China May Issue 6 Trillion Yuan in Treasury Bonds to Buttress Economy - Caixin Global</a>
China may raise 6 trillion yuan from ultra-long special treasury bonds over three years as part of its efforts to buttress the slowing economy through fiscal stimulus, multiple sources with knowledge of the matter told Caixin.
The funds will be partly used to help local governments resolve their off-the-books debts, according to the sources.
Speculation about the size of China's new fiscal stimulus has been rife since the Ministry of Finance<a href="https://www.caixinglobal.com/2024-10-12/china-unveils-fiscal-stimulus-targeting-property-market-local-government-debt-102244734.html"> pledged</a> at a press briefing Saturday to help local governments relieve debt pressure without specifying the amount.
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Macro Economic Events

Global

Economics

'China May Issue 6 Trillion Yuan In Treasury Bonds To Buttress Economy' - Caixin Global

Royal Gold's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NYSE">RGLD</a>) short percent of float has fallen 3.44% since its last report. The company recently reported that it has 2.22 million shares sold short, which is 5.06% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.12 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Royal Gold Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728913524_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Royal Gold has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Royal Gold's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Royal Gold's peer group average for short interest as a percentage of float is 3.24%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

RGLD

Looking Into Royal Gold's Recent Short Interest

UnitedHealth Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) short percent of float has fallen 8.6% since its last report. The company recently reported that it has 7.86 million shares sold short, which is 0.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.52 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>UnitedHealth Group Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728913519_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for UnitedHealth Group has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing UnitedHealth Group's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, UnitedHealth Group's peer group average for short interest as a percentage of float is 4.22%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(UNH) - Analyzing UnitedHealth Group's Short Interest

If you&#8217;re a basketball fan and its legend Kareem Abdul-Jabbar or love <a href="https://www.benzinga.com/real-estate/24/06/39165555/luxury-home-price-growth-slows-in-several-unexpected-markets">unique luxury homes</a>, you can now own his former home in Marina del Rey, California, for $2,995,000. Despite its outward appearance, this house is anything but ordinary – it was created with Kareem&#8217;s impressive 7&#8217;2&#8243; height in mind and is a remarkable home for anyone who values grace, space and a piece of sports history.
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<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Slamdunk?src=hash&amp;ref_src=twsrc%5Etfw">#Slamdunk</a>&#8211; Kareem Abdul-Jabbar&#39;s <a href="https://twitter.com/hashtag/MarinaDelRey?src=hash&amp;ref_src=twsrc%5Etfw">#MarinaDelRey</a> Home Lists &quot;Across from <a href="https://twitter.com/RitzCarlton?ref_src=twsrc%5Etfw">@RitzCarlton</a> &amp; <a href="https://twitter.com/CaliforniaYacht?ref_src=twsrc%5Etfw">@CaliforniaYacht</a> Club the luxe but laid back 4br, 3 bath is one of just 12 homes in an exclusive gated community. Kareem's former home was designed for its very tall&#8230;&quot;<a href="https://t.co/afC4ZzwWm9">https://t.co/afC4ZzwWm9</a> <a href="https://t.co/4cdqSHGBLx">pic.twitter.com/4cdqSHGBLx</a>
&mdash; The Silo (@thesiloteam) <a href="https://twitter.com/thesiloteam/status/1843693365701058911?ref_src=twsrc%5Etfw">October 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Located in an exclusive gated community across from the Ritz Carlton and the California Yacht Club, this house is one of just twelve in the area. Kareem lived here from 2011 to 2021 and the home has several custom modifications to suit his height and lifestyle. Enlarged doorways, higher countertops and spacious rooms were all designed to make life comfortable for the basketball legend – features that also make the home feel incredibly roomy.
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The four-bedroom, three-bath house is 3,586 square feet. On the first floor, a big open space connects the living room, dining room and kitchen. The kitchen has granite countertops, a large island, custom cabinets and stainless steel appliances. Sliding doors lead to a garden patio, making it easy to enjoy indoor and outdoor spaces.
Go upstairs and see hardwood floors and a main bedroom designed for comfort. It has a fireplace, a walk-in closet and a private balcony with great views of the marina. The main bathroom feels like a spa, with two sinks, a separate jacuzzi tub and a steam shower – perfect for relaxing.&nbsp;
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There&#8217;s also a third-floor loft that could be another bedroom, home office or workout area. It has its own balcony that looks out at the marina and the Ritz Carlton.
The area is a major selling factor, as noted by Top Ten Real Estate Deals. Marina del Rey is famous for its small-craft harbor, one of the largest in North America and is a popular spot for kayaking, bird-watching and enjoying waterfront views. The trendy Abbot Kinney stores, Trader Joe&#8217;s and several excellent restaurants are all within walking distance. The neighborhood is well-known for its star-studded locals and visitors, so you never know who you could run into.
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Kareem Abdul-Jabbar is widely regarded as one of the greatest basketball players ever. He spent 20 seasons in the NBA with the <a href="https://www.benzinga.com/topic/los-angeles-lakers">Los Angeles Lakers</a> and Milwaukee Bucks. He was well-known for his &#8220;skyhook&#8221; shot.&nbsp;
Abdul-Jabbar was also a 19-time NBA All-Star and a six-time NBA MVP. Standing at 7&#8217;2,&#8221; he dominated the game with his scoring, rebounding and defense and long held the record for the most points scored in NBA history.
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Real Estate

You Can Now Buy The Former Home Of NBA Legend Kareem Abdul-Jabbar Designed For His 7'2″ Height, For Around $3 Million

Lowe's Companies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) short percent of float has fallen 12.78% since its last report. The company recently reported that it has 6.55 million shares sold short, which is 1.16% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.91 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Lowe's Companies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728913513_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Lowe's Companies has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Lowe's Companies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Lowe's Companies's peer group average for short interest as a percentage of float is 5.76%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Lowe's Companies's Recent Short Interest

The U.S. Food and Drug Administration (FDA) is reassessing a decision to ban compounding pharmacies to supply cheaper versions of Eli Lilly And Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) blockbuster <a href="https://www.benzinga.com/topic/weight-loss">weight loss and diabetes drugs</a>. 
What Happened: Reuters highlighted how the FDA had banned compounding pharmacies to supply cheaper versions of the medication, but is now reconsidering that decision. 
The compounding groups Outsourcing Facilities Association and FarmaKeio Custom Compounding had filed a complaint against the FDA for the deciaion but the lawsuit has since been put on hold. 
The <a target="_blank" href="https://www.503bs.org/_files/ugd/90544a_956a40069f7c4b768199e187953cd15f.pdf" rel="noreferrer noopener">complaint</a> called the FDA&#8217;s decision to restrict the compounding of tirzepatide &#8220;a reckless and arbitrary decision […] to deprive patients of a vital treatment for type 2 diabetes and obesity.&#8221;
Last week, Eli Lilly said it issued hundreds of cease-and-desist letters to telehealth companies, compounding pharmacies, and medical spas, demanding they halt the production, sale, and promotion of products that imitate its drugs, <a href="https://www.benzinga.com/general/biotech/24/10/41275991/eli-lilly-issues-cease-and-desist-letters-to-compounders-over-weight-loss-drug-copies-as-shortage" target="_blank" rel="noreferrer noopener">Mounjaro and Zepbound</a>.
The tirzepatide injection, branded as Mounjaro and Zepbound, has been in shortage since 2022. 
Price Action: Lilly stock closed at $931.74 on Friday
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Biotech

Health Care

General

FDA To Reassess Ban On Cheaper, Compounded Versions of Eli Lilly Weight Loss Drugs

RBC Capital analyst Gregory Renza maintains Nurix Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NRIX#NASDAQ">NRIX</a>) with a Outperform and lowers the price target from $27 to $26.

Price Target

NRIX

RBC Capital Maintains Outperform on Nurix Therapeutics, Lowers Price Target to $26

Verb Technology Shares Halted On Circuit Breaker To The Downside, Stock Now Up 80%

Verb Technology Shares Resume Trade

Wells Fargo analyst Praneeth Satish initiates coverage on Shoals Technologies Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHLS#NASDAQ">SHLS</a>) with a Equal-Weight rating and announces Price Target of $46.

Wells Fargo Initiates Coverage On Shoals Technologies Gr with Equal-Weight Rating, Announces Price Target of $46

Verb Technology Shares Halted On Circuit Breaker To The Upside, Stock Now Up 103.9%

Wells Fargo analyst Daniel Politzer upgrades Flutter Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>) from Equal-Weight to Overweight and raises the price target from $224 to $295.

Upgrades

FLUT

Wells Fargo Upgrades Flutter Entertainment to Overweight, Raises Price Target to $295

Denmark-based H. Lundbeck A/S on Monday agreed to acquire Longboard Pharmaceuticals, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBPH#NASDAQ">LBPH</a>) for <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41309643/lundbeck-to-acquire-longboard-pharmaceuticals-in-a-strategic-deal-significantly-enhancing-its-neur" rel="noreferrer noopener">$60.00 per share in cash</a>.
The transaction is valued at approximately $2.6 billion in equity value and $2.5 billion (approximately 17 billion Danish krone) net of cash on a fully diluted basis.
The M&amp;A transaction is expected to close in the fourth quarter of 2024.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40801420/longboard-pharmaceuticals-boasts-high-value-epilepsy-assets-analyst-initiates-cover" rel="noreferrer noopener">Longboard Pharmaceuticals Boasts High-Value Epilepsy Assets, Analyst Initiates Coverage</a>.
Longboard is a clinical-stage biopharmaceutical company focused on developing medicines for neurological diseases.
The company&#8217;s lead asset, bexicaserin is under development for <a target="_blank" href="https://www.benzinga.com/general/biotech/24/01/36451590/neurology-focused-longboard-pharmaceuticals-stock-soars-over-200-today-heres-why" rel="noreferrer noopener">several neurological indications</a>.
Last month, the company released interim results from its ongoing 52-week open-label extension of the PACIFIC Study evaluating bexicaserin (LP352) in participants ages 12-65 with Developmental and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b40763452/longboard-pharmaceuticals-announces-positive-interim-analysis-results-from-the-open-label-extensio" rel="noreferrer noopener">Epileptic Encephalopathies (DEEs)</a>.
Recently, bexicaserin received FDA Rare Pediatric Disease designation and Orphan Drug designation <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b40937375/longboard-pharmaceuticals-receives-rare-pediatric-disease-designation-and-orphan-drug-designation-" rel="noreferrer noopener">for Dravet syndrome</a>.
The company initiated a global Phase 3 DEEp SEA Study with bexicaserin for seizures associated with Dravet syndrome in participants two years of <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b41045315/longboard-pharmaceuticals-initiates-phase-3-deep-sea-study-evaluating-bexicaserin-in-dravet-syndro" rel="noreferrer noopener">age and older</a>.
The bexicaserin asset complements Lundbeck&#8217;s mid-to-late-stage pipeline and diversifies revenue growth following its expected launch in the fourth quarter of 2028. Lundbeck estimates the global peak sales potential between $1.5 billion and $2 billion.
Following the closing of the transaction, Lundbeck will focus on de-leveraging, and leverage is expected to be in Lundbeck&#8217;s target range of &lt;2.5x NIBD/EBITDA within 18-24 months.
The company expects to recognize integration costs of ~$80 million (approximately 550 million Danish krone), which predominantly will impact 2024 and will be adjusted for in Adjusted EBITDA.
Price Action: At last check on Monday, LBPH stock was up 51.3% to $58.84 during the premarket session.
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Image via Longboard Pharmaceuticals

Movers

LBPH

Why Is Epilepsy Focused Longboard Pharmaceuticals Stock Trading Higher On Monday?

Wells Fargo analyst Ike Boruchow downgrades Amer Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) from Overweight to Equal-Weight and raises the price target from $17 to $19.

Downgrades

Wells Fargo Downgrades Amer Sports to Equal-Weight, Raises Price Target to $19

Small Cap Consumer Research analyst Eric Beder reiterates Betterware de Mexico SAPI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWMX#NYSE">BWMX</a>) with a Buy and maintains $22.5 price target.

Reiteration

BWMX

Small Cap Consumer Research Reiterates Buy on Betterware de Mexico SAPI, Maintains $22.5 Price Target

Wells Fargo analyst Ike Boruchow downgrades Canada Goose Hldgs (TSX:<a class="ticker" href="https://www.benzinga.com/stock/GOOS#TSX">GOOS</a>) from Equal-Weight to Underweight.

TSX:GOOS

Wells Fargo Downgrades Canada Goose Hldgs to Underweight

SoFi Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) shares are trading higher Monday after the company announced a $2 billion loan agreement with <a href="https://www.benzinga.com/pressreleases/24/10/b41310808/sofi-expands-loan-platform-business-with-2-billion-agreement-with-fortress-investment-group">Fortress Investment Group</a>.
What Happened: SoFi has announced a&nbsp;$2 billion&nbsp;loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group. 
The agreement is expected to expand SoFi&#8217;s capabilities in its loan platform business. SoFI refers pre-qualified borrowers to loan origination partners and originates loans on behalf of third parties.
&#8220;SoFi&#8217;s loan platform business is an important part of our strategy to serve the financial needs of more members and diversify toward less capital-intensive and more fee-based sources of revenue,&#8221; said Anthony Noto, CEO of SoFi. 
See Also: <a href="https://www.benzinga.com/fintech/24/10/41295297/whats-going-on-with-sofi-technologies-stock">What&#8217;s Going On With SoFi Technologies Stock?</a>
<h2 class="wp-block-heading">Is SOFI A Good Stock To Buy?</h2>
An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages &#8211; like <a href="https://www.benzinga.com/quote/SOFI">SoFi</a>&#8216;s page for example &#8211; there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.
These are known as capital allocation programs. SoFi does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's <a href="https://www.benzinga.com/calendars/dividends">dividend calendar</a> for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.
Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on <a href="https://www.benzinga.com/quote/SOFI">SoFi</a> will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.
SOFI Price Action: <a href="http://benzinga.com/quote/sofi">SoFi shares</a> were up 4.88% at $9.45 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
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