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Telkom SA Shares (JSE:TKG) Downgraded to Hold After Year of Exceptional Gains

Telkom SA shares (JSE:TKG) are moving lower today, down 3.7% on the back of a downgrade from HSBC that put the stock at 'Hold' following a period of remarkable growth. This shift in sentiment arrives after the stock more than

Asktraders News Team
Serica Energy Shares (LON:SQZ) Gain As First Oil from Triton FPSO Announced

Serica Energy shares (LON: SQZ) are trading 1.64% higher this morning, as the company announced the commencement of its first oil lifting from the Triton Floating Production Storage and Offloading (FPSO) unit since production

Asktraders News Team
ConvaTec Shares (LON: CTEC) Upgraded, Recent Sell-Off Overdone?

ConvaTec shares (LON:CTEC) are moving higher this morning, up 0.3% early, as an analyst upgrade came with a downwards price target revision. Looking a little closer, and it becomes clear that the view is bullish, with a perce

Asktraders News Team
Unilever Shares (ULVR) Trading In Range, Gains New Bullish Analyst Coverage

Unilever shares (LON: ULVR) have been holding rather steady this year, up 2.27% YTD, and 0.82% down on a 12 month basis, aligning well with the mixed sentiment from the analyst community.

Asktraders News Team
Marks & Spencer to Invest £340m in Automated Food Distribution Centre

Marks & Spencer (LON:MKS) has announced a record £340 million investment in its food supply chain with plans to build a fully automated National Distribution Centre (NDC) in Northamptonshire.

Sam Boughedda
IHG Stock Target Raised, but Hold Rating Remains Amid U.S. RevPAR Concerns

Shares of InterContinental Hotels Group (IHG.L) saw a price target increase from Jefferies on Thursday, yet the firm maintained a Hold rating on the stock, reflecting a cautious outlook despite the company's resilient perform

Sam Boughedda
Ubiquiti’s Stock (NYSE:UI) Down 20% In Week Leading Into Earnings – What To expect

Ubiquiti's stock (NYSE: UI) has pulled back 20% from recent highs, with little over 1 week required to shed more than one fifth of market cap, or more than $5billion. Despite this, UI continues to trade 15.11% higher YTD as e

Asktraders News Team
ASM International Stock: Barclays Cuts Price Target but Maintains Rating

ASM International N.V shares (AMS: ASM)dipped 0.79% today, as the firm saw it's price target trimmed, albeit with a bullish tone. Barclays analyst Simon Coles reduced the

Asktraders News Team
Apple (AAPL) Stock Reacts Mildly to Apple TV+ Price Hike Amidst Streaming Wars

Apple Inc. (AAPL) has announced an increase in the subscription price of its Apple TV+ streaming service, a move mirroring broader industry trends aimed at balancing content investment with profitability. The market's initial

Asktraders News Team
Wishbone Gold Shares (LON:WSBN) Gain on Red Setter Project Announcement

Wishbone Gold shares (LON:WSBN) have gained 14% today as the company announced a significant expansion of the breccia pipe interval at its Red Setter Gold Dome Project in Western Australia, triggering positive momentum in the

Asktraders News Team
Intuit Earnings On Deck: Can AI Momentum Drive Expected Growth?

Intuit Inc. (NASDAQ: INTU), the financial software giant behind TurboTax and QuickBooks, prepares to release its earnings report after today's closing bell. Leading into the print, Intuit's stock reflects some caution, with a

Asktraders News Team
Workday Earnings on Deck With Stock (WDAY) Underperforming – What To Expect

Workday Inc. (NASDAQ: WDAY), a prominent player in enterprise cloud applications for finance and human resources is set to announce earnings after today's closing bell. The stock is trading down 9.67% YTD leading in, underper

Asktraders News Team
Coty’s Stock Revised Lower Following Earnings Report, Price Targets Hold Some Upside

Coty Inc. (NYSE: COTY) is under scrutiny as analysts revise their outlook on the company following its fiscal fourth-quarter earnings release. Several firms have downgraded the stock or lowered price targets, reflecting conce

Asktraders News Team
Intel (INTC) Competitive Challenges Need Solving As Analyst Holds Stock At Neutral

Intel Corporation (NASDAQ: INTC) finds itself at the intersection of governmental interest and private investment, with recent developments carrying significant implications for its stock performance. The company is grappling

Asktraders News Team
Zoom (ZM) Earnings Preview: AI Push Meets Slowing Growth as $1.2B Revenue Expected

Zoom's stock (NASDAQ: ZM) has been struggling in relative terms this year, down 11.55% YTD as the firm balances the promise of artificial intelligence (AI) integration with the realities of a maturing market and evolving comp

Asktraders News Team
Sarepta Therapeutics Stock (SRPT) Down Into The Open on FDA Policy Concerns

Sarepta Therapeutics' stock (NASDAQ:SRPT) is down 6.46% pre-market, as markets react to increased regulatory scrutiny and persistent safety concerns surrounding its gene therapy, Elevidys. The decline reflects growing uncerta

Asktraders News Team
SOFI Price Target Raised: 200% Gain Seen As Having Further Room to Run

SoFi Technologies' stock (NASDAQ: SOFI) is heading into this morning's open off the back of some renewed optimism from analysts, as price targets are moved higher. With SOF

Asktraders News Team
Instacart (CART) Downgraded To Underperform as Amazon’s Grocery Push Moves Stock Lower

Instacart's stock (NASDAQ:CART) is moving lower this morning, down 2.66% in the pre-market as Wedbush downgraded its stock to Underperform, citing heightened competition from Amazon's expanding same-day perishable grocery del

Asktraders News Team
NuScale Power Stock (SMR) Up Pre-Market: New Analyst Coverage Posts $36 Target

NuScale Power Corporation (NYSE: SMR), a frontrunner in the small modular reactor (SMR) technology sector, is the subject of scrutiny this morning, as Bank of America initiated coverage with a Neutral rating and a $36 price t

Asktraders News Team
AST SpaceMobile Stock (ASTS) Initiated Neutral on SpaceX Competition Concerns

AST SpaceMobile (NASDAQ:ASTS) is has seen William Blair initiate coverage, with competitive pressures, particularly from SpaceX outlined as a reason for a range-bound expectation in the stock. While ASTS has seen explosive gr

Asktraders News Team
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