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Avation Shares: Potential Catalysts on the Horizon

Canaccord Genuity maintained a Buy rating on commercial passenger aircraft leasing business Avation (LON: AVAP) in a note this week, despite lowering its target price for the stock to 255p a share.

Sam Boughedda
FDA Approves Phase 3 Trial for Durect’s Larsucosterol

In a significant development for Durect Corporation (NASDAQ: DRRX), the U.S. Food and Drug Administration (FDA) has approved the company’s plan for a pivotal Phase 3 trial to test larsucosterol, a promising treatment for seve

Asktraders News Team
BP’s Share Price Hit 52-Week Low As Oil Continues To Falter

BP's share price (LON: BP) hit new 52 week lows in trading at 379.70, as the year-to-date decline hit 18.77% by the close of the

Asktraders News Team
KOSPI Gains Strongly as Semiconductors Boost Index

The Korea Composite Stock Price Index (KOSPI) experienced a significant surge, buoyed by a robust performance in the US semiconducto

Asktraders News Team
Diageo’s Stock Price Jumps On Trading Update

Diageo's share price (LON: DGE) was a notable gainer on the London Stock Exchange today, adding 4.68% as the multinational beverage company published a trading statemen

Asktraders News Team
Sodexo Planning Aramak Acquisition?

Sodexo's shares (EPA: SW) have taken a pullback today, as the French food services and facilities management giant is contemplating the acquisition of its US-based counterpart, Aramark (NYSE: ARMK). According to sources, disc

Asktraders News Team
Meta’s Stock Price (NASDAQ: META) Hits Record High As Bullish Sentiment Continues

Meta Platforms' stock (META) has gained 90% over the past 12 months, as the social media giant hit an all-time peak of $576.88. This remarkable rise captures investor confidence following a series of positive reports and stra

Asktraders News Team
Alibaba Moving Big In Pre-Market, 52 Week Highs On Open?

Alibaba's stock (NYSE: BABA) is a notable pre-market mover, pushing the price above $101, and indicating a 52 week high by the time the New York Stock Exchange opens. Mark

Asktraders News Team
Experian Share Price (LON: EXPN) Hit Highs As Analysts Upgrade

Experian's share price (LON: EXPN) has continued on an upward trend over the past 12 months, with today's 2.1% gain bringing the 12 month increase to to an impressive 47%. This has unsurprisingly led EXPN to hit new 52 week a

Asktraders News Team
Nu Holdings Stock Price (NYSE: NU) Testing $15 After Impressive Run

Brazil-based Nu Holdings' stock (NYSE: NU) is moving up in the pre-market, gaining 1.35% and threatening the $15 level. The firm which is commonly recognised through its parent company Nubank stands out as a fast-growing fina

Asktraders News Team
Xcel Energy Stock Raised By Morgan Stanley

Morgan Stanley has adjusted its financial projections for Xcel Energy's stock price (NASDAQ: XEL), elevating its target from $68 to $73 while maintaining an Equal Weight rating on the company.

Asktraders News Team
Intertek Share Price (LON: ITRK) Hits New High

Renowned for its comprehensive work in the testing and safety industry, Intertek's shares (LON: ITRK) could be one to watch with a YTD rise of 22.63% bringing the stock to new

Asktraders News Team
SAP Shares Bounce Back From DOJ Price-Fixing Probe

SAP's share price (SAP) has had a whipsaw couple of days after the prominent German software company intially faced a downturn after a Bloomberg report revealed that the U.S. Department of Justice (DOJ) is investigating alleg

Asktraders News Team
Ferguson Shares: Fed Rate Cuts Offer Potential Tailwinds

Ferguson's (NYSE: FERG) (LON: FERG) recent Q4 2024 results delivered flat organic growth, in line with expectations, according to analysts at Goldman Sachs in a note this week.

Sam Boughedda
Pennon Group Revenue Impacted By Lower Demand

Pennon Group (LON: PNN), the parent company of South West Water and SES Water, announced a trading update for the period to 26 September 2024 on Thursday, saying revenue, on a like-for-like basis, has been impacted by lower c

Sam Boughedda
Nifty 50 Closes Above 26,000 Level in Historic Indian Rally

In an impressive show of strength, the Indian equity indices closed at a record high on Wednesday, buoyed by positive sentiment from global markets. The Sensex index surged by 255 points to conclude the trading session at an

Asktraders News Team
Flutter Entertainment Stock Pops On $5bn Buyback News

Flutter Entertainment PLC (LON: FLTR), a leading global sports betting and gaming operator, saw its stock price jump by over 8% on Wednesday following a significant announcement. During its investor day, the company revealed

Asktraders News Team
Cellebrite’s Stock Target Pushed to Street High $23

In a significant revision, Craig-Hallum analyst Jeff Van Rhee has raised the price target of Cellebrite's stock (NASDAQ: CLBT) from $20 to $23 while maintaining a "Buy" rating.

Asktraders News Team
Rio Tinto’s Strategic Lithium Moves Spark Optimism

Mining and metals giant Rio Tinto Group (LON: RIO) has been gaining attention from analysts and investors alike for its strategic investments and projects focused on lithium, a critical component in the production of

Asktraders News Team
Riot Platforms Stock Initiated With Bullish Price Target

Riot Platforms' stock (NASDAQ: RIOT) gained new analyst coverage in the guise of Macquarie, who put RIOT straight in with a $15 price target, and an Outperform rating. With shares currently changing hands for $7.45 in the pre

Asktraders News Team
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