Plantx Life Inc
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Based in Canada
Company profile

Plantx Life Inc., formerly Vegaste Technologies Corp., is a Canada-based company that operates as an one-stop-shop for plant-based products. The Company offers an online platform, which acts as a digital face for plant-based community. The Company uses its digital platform to build a community of like-minded consumers and provide education to encourage people to adapt to plant-based lifestyle. It offers meal and indoor plant deliveries.

Closing Price
$1.49
Day's Change
0.2585 (21.05%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.52
Day's Low
1.48
Volume
53,622

Hilton, Marriott's stock gain after Jefferies analyst turns bullish, boosts price targets to highest on the Street

12:23 pm ET August 14, 2020 (MarketWatch)
Print

Shares of Hilton Worldwide Holdings Inc. (HLT) rallied 1.2% and Marriott International Inc. (MAR) tacked on 0.5% in midday trading Friday, after Jefferies's David Katz became Wall Street's most bullish analyst on the hotel operators, citing the belief that investors will increasingly seek "high-quality laggards" as the economy recovers. Katz raised his ratings on both stocks to buy from hold, and boosted his price target for Hilton to $125 from $88 and for Marriott to $101 from $72. His price targets are now the highest among analysts surveyed by FactSet, for both stocks. "Given the strength of the overall market, we expect increased focus on quality companies, enduring models and superb management team that have lagged," Katz wrote in a note to clients. "We consider [Marriott] and [Hilton] among the most prominent in our coverage by this measure and upgrade both to buy from hold." He said his upgrades are with a longer-term view than most of his other ratings, but he has confidence that lodging recovers to a "new normal," facilitating growth, cash flow and capital returns. Hilton shares have dropped 22.0% year to date and Marriott's stock has tumbled 36.0%, while the SPDR Consumer Discretionary Select Sector ETF (XLY) has climbed 14.5% and the S&P 500 has gained 4.4%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 14, 2020 12:23 ET (16:23 GMT)

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