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Live Daily Market Updates: HSBC Price Target Reduced at Credit Suisse

Practice Stock Trading Your Capital Is At Risk
Tim Worstall
Updated: 28 Apr 2022

Latest 16:42
European Equities Close Higher

FTSE 100: +1.15%
DAX: +1.35%
CAC 40: +0.98%
Stoxx 50: +1.14%
IBEX 35: +0.37%

16:25
Top AT US Stock Stories

Teladoc Health Stock Down 40% On -$41.58 EPS Loss, How Bad Is This?

Will Rivian (RIVN) Be A Big Winner If People Are Jumping From Tesla?

McDonalds (MCD) Q1 Earnings Beat, Despite Heavy Russia Impact

Merck (MRK) Gains After Q1 Growth Fueled By Oral Antiviral Treatment

14:33
US Equities Open Higher

Dow +0.60%

S&P 500 +1.31%

Nasdaq +1.82%

13:52
US Premarket

European stocks are still trading positively.

US indices futures are also up heading into the US open, with the Dow at +0.57%, the S&P 500 at +1.05%, and the Nasdaq at +1.3%.

Teladoc plunged premarket after reporting its first-quarter results after the close Wednesday. The company reported EPS of -$41.58 per share.

Meta, the parent company of Facebook has jumped 14% premarket after it reported better than expected earnings.

McDonald’s has gained 1.3% premarket after Q1 revenue beat expectations.

13:49
US GDP

U.S GDP QoQ Q1 Actual came in at -1.4% VS 6.9% previously. The estimated was 1.0%

10:31
Greatland Gold

Greatland Gold (LON: GGP) shares are largely unmoved on an update to the Havieron project.

10:20
Cloudbreak Discovery

Cloudbreal Discovery (LON: CDL) shares are up 8% this morning on the announcement of the Foggy Mountain Project. This is a potential gold, silver, and copper project in British Columbia

08:45
Price Target Changes

Here are the price target changes made Wednesday…

Jupiter Fund’s price target reduced to 180p from 210p at Barclays

IWG price target decreased to 300p from 330p at Barclays

Coca-Cola HBC price target raised to 1,900p from 1,800p at Barclays

Associated British Foods price target lowered to 2,300p at Barclays

HSBC price target reduced to 515p from 530p at Credit Suisse

Aveva price target cut to 1,630p from 2,000p at Jefferies

Taylor Wimpey’s price target trimmed to 180p from 190p at JPMorgan

Hochschild Mining’s price target lowered to 205p from 210p at JPMorgan

Associated British Foods price target reduced to 1,940p at JPMorgan

Hiscox’s price target increased to 870p from 850p at JPMorgan

Beazley’s price target boosted to 650p from 615p at JPMorgan

South32 price target trimmed to 325p from 340p at UBS

Lancashire price target trimmed to 678p from 752p at UBS

CRH price target raised to 4,425p from 4,330p at UBS

08:19
European Equities Higher

FTSE 100: +0.66%
DAX: +1.26%
CAC 40: +1.39%
Stoxx 50: +1.27%
IBEX 35: +0.16%

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