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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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Speaker 1: your roundup of companies making moves in the stock market.

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Speaker 1: Harnessing the power of Bloomberg Data.

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Speaker 2: Let's take a look at some stocks on the move today.

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Speaker 2: I'm Nathan Hager, joined by Bloomberg's Pritty Gupta on another

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Speaker 2: morning of stocks moving off the back of earnings reports.

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Speaker 2: And it might not be Monday, Critty, but it looks

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Speaker 2: like we've got some deal news coming out from under

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Speaker 2: the covers. Good morning, Good morning, Nathan.

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Speaker 3: We certainly do. Looks like Guilden Activeware is expected to

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Speaker 3: buy Haynes Brands for about implied six dollars a share

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Speaker 3: in cash stock. Now, this is Hayines Brands, the maker

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Speaker 3: of underwear among many many other things. The stock is

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Speaker 3: HBI trading just I have six dollars a share down

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Speaker 3: about seven percent this morning in the pre market. So

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Speaker 3: a little bit of deal news out there looks like

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Speaker 3: they're you just see kind of a drop in Haynes

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Speaker 3: Bran's despite the fact that it looks like this is

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Speaker 3: an m and a story that should actually boost them.

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Speaker 3: We're waiting for a little bit more information on that.

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Speaker 3: Usually when you have a deal like this announced, there

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Speaker 3: is an expectation of the potential acquisition target to gain,

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Speaker 3: and we're not actually seeing that this morning, so we'll

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Speaker 3: have to keep an eye on those stocks and circle

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Speaker 3: back on that one. Nonetheless, HBI down some seven percent

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Speaker 3: this morning with that deal news surrounding it. I want

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Speaker 3: to talk about a cop of the other bigger names

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Speaker 3: if I can, Nathan and talk about Palo Alto Networks

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Speaker 3: this morning. This is your biggest upside mover panw Hire

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Speaker 3: by about one point eight percent, trading to shy of

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Speaker 3: one hundred and seventy nine dollars a share. This is,

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Speaker 3: of course, the major software company has gotten a ton

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Speaker 3: of defense contracts that have really pushed it forward. They're

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Speaker 3: using a lot of those buzzwords around AI, etc. And

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Speaker 3: this has been one of the stocks that has just

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Speaker 3: had unstoppable momentum this year. Looks like that momentum does

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Speaker 3: not stop at all this morning. They are now getting

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Speaker 3: raised to a buy over at Deutsche Bank from a

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Speaker 3: hold with a price target of about two hundred and

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Speaker 3: twenty dollars a share. So some pretty decent upside for

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Speaker 3: a stock, like I said, trading at about one hundred

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Speaker 3: and seventy nine, So some good news there for Palo

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Speaker 3: Alto Networks. They are saying. The reasoning, I should say,

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Speaker 3: is that they say the stock is underperforming the broader

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Speaker 3: cyber space by about fifteen percent year to date and

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Speaker 3: saying the investor concerns for pal Alto are overblown. So

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Speaker 3: some pretty interesting metrics they are, given that palle Alto

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Speaker 3: Networks has been on such such a tear this morning,

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Speaker 3: PA and W shares again rallying. Let's talk about another story,

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Speaker 3: another stock that's rallying this morning. It's Eli Lilly Lly

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Speaker 3: is your ticker hired by about one and a half percent,

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Speaker 3: trading at about six hundred and fifty dollars a share

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Speaker 3: just about there. Just shive it there. I should say.

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Speaker 3: This one's interesting though, because they are actually having two

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Speaker 3: price target cuts this morning, the first over at canter

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Speaker 3: get It cutting the target from nine to seventy five

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Speaker 3: to about eight twenty five a share, and Googenheim bringing

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Speaker 3: down their price target from nine forty two to eight

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Speaker 3: hundred and seventy five dollars a share. Eli Lily, like

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Speaker 3: I said, trading at six hundred and fifty dollars a share,

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Speaker 3: So two price cuts and the stock is still rallying

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Speaker 3: this morning, at least in the pre market, so keep

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Speaker 3: an eye on that one, especially as we go into

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Speaker 3: the open over in the States. Nathan, I want to

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Speaker 3: wrap it up with a quick check on Core Weave

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Speaker 3: if I can. This is the stocks that brought down

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Speaker 3: the tech market yesterday, and its certainly bringing down a

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Speaker 3: little bit of the tech market here in Europe today

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Speaker 3: as well. Corewee, which of course is a software maker,

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Speaker 3: taking another leg lower, down about nine percent this morning.

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Speaker 3: See RWV, trading at one hundred and thirty five dollars

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Speaker 3: a share.

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Speaker 1: This stock mover's report from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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