AOF analysis closes Wall Street – The Nasdaq offers a rebound

(AOF) – US equity markets rebounded, driven by technology stocks. They benefited from cheap takeovers after a very complicated month. These stocks, as well as growth stocks, were penalized by the prospect of a rate hike by the Fed in March. The only statistic of the day, the Chicago area purchasing managers index, surprised positively. Merger Monday obliges, Citrix announced its takeover for 16.5 billion dollars. The Dow Jones gained 1.17% to 35,131.86 points. The Nasdaq rebounded 3.41% to 14,239.88 points.

The title Citrix lost 3.42% to 101.94 dollars while the specialist in dematerialization was bought out as announced by press rumors by Vista Equity Partners and Elliott Investment Management (via Evergreen). The latter offered 16.5 billion dollars, including debts. Under the terms of the agreement, Citrix shareholders will receive $104 per share.

Today’s economic figures

The Chicago Area Purchasing Managers’ Index came in at 65.2 in January, down from 64.3 in December and a consensus of 61.7.

The values ​​to follow today

Beyond Meat

Barclays raised its recommendation on Beyond Meat from Underweight to Overweight and raised its price target from $70 to $80.


The dematerialization specialist, Citrix, announced its takeover for 16.5 billion dollars, including debts, by Vista Equity Partners and Elliott Investment Management (via Evergreen) in cash. Under the terms of the agreement, Citrix shareholders will receive $104 in cash per share. This price represents a 24% premium to the closing price on December 20, 2021, the last trading day before news reports of a potential bid from Vista and Evergreen.

Goldman Sachs

Goldman Sachs CEO David M. Solomon received total compensation of $35 million in 2021, including an annual base salary of $2 million unchanged from 2020, according to a bank filing. He had been paid $17.5 million in 2020, with his pay cut by $10 million following the Malaysian sovereign wealth fund 1MDB scandal.


Spotify announced a series of measures on Sunday to combat misinformation around covid-19. The Swedish music platform thus declares that it has published and updated its terms of use for content publishers, and is working on adding a warning message for any podcast episode evoking covid-19. Spotify has come under pressure in recent days from several high-profile artists, including Neil Young, who demanded it remove their tracks from the platform due to Joe Rogan’s podcasts being accused of misinformation about the pandemic.


Starbucks Chief Executive Kevin Johnson received total compensation in 2021 of $20.43 million in 2021, up 39%. It represents 1,579 times that of the annual salary of a “median” employee, that is, a part-time bartender in Canada.


Credit Suisse has raised its rating from Neutral to Outperform on Tesla stock, according to a market source. The target price is set at $1,025.

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