On Monday, Catalent, Inc. (NYSE: CTLT) announced it will be acquired by Novo Holdings.
Novo Holdings will acquire all outstanding shares of Catalent for $63.50 per share in cash.
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 analyst ratings page.
Wall Street ends week on negative note as traders revise down expectations on Fed rate cuts. Strong economic data and Fed officials' comments push stocks into red, reducing rate cut expectations for 2024. Treasury yields and dollar strengthen. Small-caps hit hardest.
Shares of Air Products and Chemicals, Inc. (NYSE: APD) fell sharply during Monday’s session after the company reported worse-than-expected first-quarter financial results and lowered FY24 adjusted EPS guidance below estimates.
This move comes on the heels of the company's recent collaborations to develop new treatment approaches for obesity management and chronic liver diseases.