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Figma’s Stock (NYSE:FIG) Gains Wall Street Coverage – A Look At Analysts’ Price Target
Figma (FIG) is navigating a complex market landscape following its recent IPO, with Goldman Sachs initiating coverage at a Neutral rating and a price target of $48. This target sits significantly below the current trading pri
Coca-Cola Stock Price (NYSE:KO) Holding $70 Support – Company Considers Costa Coffee Sale
Coca-Cola is reportedly exploring the sale of its Costa Coffee chain, acquired in 2018, as the beverage giant reassesses its portfolio amidst challenging market conditions. The move, driven by Costa's underperformance, could
PDD Holdings Earnings On Deck – Stock Trading Higher (NASDAQ:PDD)
PDD Holdings Inc. (NASDAQ: PDD), the parent company of e-commerce giants Pinduoduo and Temu, heads into earnings this morning in bullish fettle. While PDD's stock price currently trades at $127.11, up $4.13 (3.36%) from its p
Vesuvius Agrees £92.7m Deal to Buy Molten Metal Systems from Morgan Advanced Materials
Vesuvius (LON:VSVS) shares rose 2.8% on Friday after the company announced the acquisition of the Molten Metal Systems (MMS) business from Morgan Advanced Materials for an enterprise value of £92.7 million.
FTSE 100 Roundup: UK Top Movers, Inflation, and Market News
London’s FTSE 100 concluded a robust week of trading, with the index’s performance marking its best since May. The positive momentum for UK stocks was supported by a diver
M&S Food Logistics Investment Considered an Undervalued Growth Play
Shore Capital has welcomed Marks & Spencer’s (LON:MKS) £340 million plan to build an automated national distribution centre in Northamptonshire, saying the investment underlines the retailer’s ambition to double the size
Shore Capital Sees Strategic Value in Premier Foods’ Merchant Gourmet Seal
Shore Capital has described Premier Foods’ (LON:PFD) £48 million purchase of Merchant Gourmet as a strategically sound move that strengthens the group’s presence in the UK convenience and health-focused food market.
Renk Group Shares (R3NK): Analyst Upgrades As Pullback Brings Value Back In Line
Renk Group AG shares (R3NK, DE000RENK730) have pulled back from highs in recent weeks, with a 17.5% decline over the past month coming after a huge period of gains. The YTD gains of 212% for the key player in German defense m
Zoom Price Target (ZM) Lowered Despite Solid Earnings, Stock Gains Into Open
Zoom Communications' stock (NASDAQ: ZM) is trading up 4.2% in this morning's pre-market following a strong earnings print, yet one analyst has gone against the crowd with a price target cut.
Lancashire Shares (LRE) Downgraded, Price Target Raised on Valuation Concerns
Lancashire Holdings shares (LON:LRE) are holding steady, as the Bermuda-based specialty insurer received an analyst downgrade despite a raised price target. The shift reflects a recalibration of expectations amidst strong fin
Northrop Grumman Stock (NYSE:NOC) Hits New High at $600
Northrop Grumman's stock (NYSE:NOC) have reached a new all-time high, hitting the $600 level early, propelled by robust earnings, strategic contract wins, and favorable analyst sentiment. The aerospace and defense giant conti
Revolution Beauty Announces Capital Raise, Strategic Reset: Shares Move Higher
Revolution Beauty shares (LON:REVB) are moving higher today, as the company announced a proposed equity placing and subscription aimed at raising approximately £15 million. The funds will be secured through an accelerated boo
Three of The Best Travel Stocks To Buy Right Now (BKNG, ABNB, CAR)
The travel industry, once grounded by the pandemic, is soaring again. As vaccines rolled out and borders reopened, pent-up demand fueled a remarkable resurgence. Investors looking to capitalize on this recovery are eyeing tra
Nickel & Nickel Mining Stocks – 3 of The Best To Consider
The electric vehicle (EV) revolution is driving unprecedented demand for battery metals, placing nickel firmly in the spotlight. As a crucial component in EV batteries, particularly those offering higher energy density and lo
Markets Pause: Rate Cut Expectations Narrow Ahead of Powell’s Jackson Hole Speech
The S&P 500 experienced a 1.66% pullback over the past week, reflecting growing apprehension in the markets regarding the Federal Reserve's future monetary policy.
Airtel Africa Shares (LON:AAF) Upgraded to Buy, Projecting Further Upside
Airtel Africa shares (AAF.L) are back on the move higher today, with AAF once again breaking 220p on gains of more than 2% after a couple of days of pause. Today's move ha
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
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
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
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.