Getty Images
Trillium Capital reportedly has proposed to Buy this company for $10 a share. Getty Images Holdings Inc. (NASDAQ: GETY) operates as a visual content creator and marketplace in the Americas, Europe, the Asia-Pacific and elsewhere. It maintains privately-owned photographic archives covering news, sport and entertainment events, as well as a variety of subjects, including lifestyle, business, science, health, wellness, beauty, sports, transportation and travel under the Getty Images, iStock and Unsplash brands.
The company also provides music licensing and digital asset management and distribution services. It serves enterprises, businesses and individual creators.
While some are skeptical that the deal with Trillium Capital happens, as evidenced by the recent trading price, the company remains cheap at current levels and is a solid buy either way.
Citigroup’s $8 target price compares with a $6.46 consensus target and a share price of $5.95 trade seen on Friday.
Navitas Semiconductor
This company’s breakthrough chip technology makes it a potential takeover candidate. Navitas Semiconductor Corp. (NASDAQ: NVTS) develops ultra-efficient gallium nitride (GaN) semiconductors, transforming the performance of power electronics. The company primarily sells its GaN integrated circuits (ICs) into mobile markets but is developing technology to supply high-growth areas such as automotive, solar and data centers.
The company was founded in 2014. GaN power ICs integrate GaN power with drive, control, sensing and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, eMobility and new energy markets. Over 150 Navitas patents are issued or pending. Over 50 million units have been shipped with zero reported GaN field failures, and Navitas introduced the industry’s first and only 20-year warranty. Navitas is the world’s first semiconductor company to be CarbonNeutral-company certified.
Baird’s price target is $10, while the consensus target is $8.94. Navitas Semiconductor stock traded on Friday at $5.80.
Snap
The roller-coaster ride for this stock over the past few years has given traders the perfect entry point. Snap Inc. (NYSE: SNAP) operates as a camera and social media company in North America, Europe and elsewhere.
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