FMP
Jun 26, 2024 6:55 AM - Parth Sanghvi
Image credit: Martin Katler
Rivian Automotive (RIVN) stock skyrocketed a staggering 36% on Wednesday, June 26th, following the announcement of a major joint venture with automotive giant Volkswagen. The deal, valued at $5 billion, promises significant collaboration in the development of electric vehicles (EVs).
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Market Reaction:
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This blog post emphasizes the significance of the Rivian-Volkswagen joint venture and positions the FMP's Search M&A API as a valuable tool for investors seeking to capitalize on M&A trends.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...