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Greggs Shares ‘Have Been Oversold’

RBC Capital analyst Ross Broadfoot initiated coverage of Greggs (LON: GRG) with an Outperform rating and a 3,240p price target in a recent note.  [stock_market_widget type="ch

Sam Boughedda
Rivian Gaining Bullish Sentiment After Difficult Start To Public Life

Rivian Automotive (NASDAQ: RIVN), known for its electric pickups, SUVs, and delivery vans, has been on a mostly downwards path since going public over three years ago. The company's initial public offering (IPO) was at a pric

Asktraders News Team
SoundHound AI Hit’s New High on Strong Day For The Stock

SoundHound AI stock (NASDAQ: SOUN) has made a new all-time-high of $16.75, before steadying slightly at $16.20, up 18.47% on the day. The company has established itself as a leader in the speech and audio-related AI market. F

Asktraders News Team
Archer Aviation Stock See’s Two Target Upgrades On Day

Archer Aviation (NYSE: ACHR) experienced a significant increase in its share price following analyst upgrades by Canaccord Genuity, and Deutsche Bank. Canaccord's decision

Asktraders News Team
Costco Price Target (COST) Raised at Morgan Stanley

Morgan Stanley has increased its price target for Costco stock (COST) to $1,150 from the previous $950, maintaining an Overweight rating on the stock. This adjustment reflects the firm's confidence in Costco's strengthening b

Asktraders News Team
MoneyHero CFO Hao Qian to Step Down as EPS Outlook Moves Positive

MoneyHero's stock (NASDAQ: MNY) is moving up to the tune of 4.43% in the pre-market as the personal finance and digital insurance company has announced that Hao Qian, its Chief Financial Officer (CFO), will be stepping down f

Asktraders News Team
Relx Shares (LON: REL) Moving To Retest Breakout Territory?

Relx shares (LON:REL) have recently hit new all-time-highs at 3796.7p after previously encountering resistance at the 3,725 level. With highs under it's belt, the stock

Asktraders News Team
UK Government Reduces Stake in Natwest Under 10%

The UK government has announced a reduction in its ownership stake in Natwest Group. As of today, the government's stake now stands at 9.99%, down from a previous 10.99%. Despite the reduction, the government remains the larg

Asktraders News Team
Ashtead Results Highlight Ongoing Revenue Uncertainty

Ashtead's (LON: AHT) second-quarter fiscal 2025 results cast a shadow over its revenue outlook, leading Goldman Sachs to downgrade the equipment rental company from Buy to Neutral in a note this week.

Sam Boughedda
Kosmos Energy in ‘Very Preliminary’ Discussions with Tullow Oil Regarding Takeover

Kosmos Energy (NYSE: KOS) confirmed Wednesday that it is in "very preliminary" discussions with Tullow Oil (LON: TLW) over a potential all-share acquisition of the UK-based oil and gas company.

Sam Boughedda
FTSE 250 Dips as 100 Index Holds Firm on Mixed Day

The FTSE 100 index is clinging on to a green day, up 0.1% despite mixed economic developments globally. The FTSE 250 has gone the other way, losing 0.03% so far, and

Asktraders News Team
Broadcom (AVGO) Threating Breakout, As $185 Level Looms – Earnings On Deck

Broadcom's stock (NASDAQ:AVGO) has added 7.23% over the past five trading sessions, and with analysts keen to offer upside revisions, seems intent on re-testing the $185 level, and breaking out of a range which has held for a

Asktraders News Team
Adobe Stock Price Hit as EPS Guidance Misses Mark – Analysts Drop Targets

Adobe's stock (ADBE) is a big loser through the pre-market session, down 11.81% at $485 despite beating on both revenue and EPS. What is behind the sentiment shift? The com

Asktraders News Team
D-Wave Quantum Expects To Close 2024 With $160M in Cash as ATM Completes

D-Wave Quantum Inc (NYSE: QBTS), one of the leaders in quantum computing, confirmed via an

Asktraders News Team
With Meta’s Stock Hitting Further Highs, What’s The Latest?

Meta's stock (NASDAQ: META) has offered up a huge 2024 for holders, with gains of 82.70% on a year-to-date pushing the company to a market cap of $1.61 trillion, th

Asktraders News Team
SpaceX Readies Starship for Launch as Recent Stock Purchase Values Firm at $350BN

SpaceX recently conducted a significant static fire test on the Super Heavy Booster 14 at their testing facility. This test was a critical step in the preparation for the upcoming Starship Flight 7. This static fire test is p

Asktraders News Team
GM Stock Down 13.5% From Recent Highs – What’s The Latest on Cruise?

General Motors stock price (NYSE: GM) has been pulling back in recent days, with a 13.5% retracement from the end of November highs. Now as the firm announces its decision to withdraw from its Cruise robotaxi business, we tak

Asktraders News Team
Anglo American Downgraded at JPMorgan on Tariff Risks

Analysts at JPMorgan and Jefferies are split in their views of Anglo American (LON: AAL) shares, with one downgrading the stock and the other upgrading it in recent notes. [st

Sam Boughedda
Currys Shares Surge as ‘Performance Continues to Strengthen’

Currys (LON: CURY) reported its results for the half-year ending 26 October 2024 on Thursday, resulting in its shares price surging 10% as the company demonstrated robust performance across key metrics.

Sam Boughedda
Breakout Stocks To Watch (TSLA, GOOGL, GEV)

Trading breakout stocks is one of the most popular methods used by stock traders as the process of identifying a stock breakout ca

AskTraders Team
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