Revvity, Inc. (NYSE:RVTY) is experiencing a mixture of financial situations that are impacting the company's market sentiment. While analysts have given a 'Moderate Buy' recommendation, the company's debt levels and a cumulative 25% loss for investors over the past three years have raised concerns. In contrast, Revvity's Q1 and Q2 earnings and revenues have surpassed estimates, and the company's Q4 earnings are above expectations. However, the company's stock price has been reduced to $115 by Barclays.
Vanguard Group Inc.,
GAMMA Investing LLC, and several other investors have increased their share in the company, demonstrating faith in the company's future. There has been a significant growth in short interest.
Goldman Sachs Group Inc. and
Polianta Ltd have bought a new stake in the company, and
Revvity has accomplished its reorganization. In significant development, Revvity files a complaint and seeks injunctive relief against Cloud Software Group. It continues its mission to expand access to base editing technology.
Revvity RVTY News Analytics from Tue, 09 May 2023 07:00:00 GMT to Sat, 29 Jun 2024 13:53:15 GMT -
Rating 3
- Innovation 5
- Information 7
- Rumor -3
