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THG Price Target Trimmed

Barclays analyst Andrew Ross has reduced the bank's price target on THG shares (LON: THG), a UK-based e-commerce technology company, from 101 GBp to 92 GBp. Despite thi

Asktraders News Team
Up 50% This Year, DaVita (DVA) Continues To Capture Interest

DaVita's stock price (NYSE:DVA) has been a notable gainer in 2024, adding 52.6% on a year-to-date basis and gaining plenty of attention. The company continues to make a significant impression on the investment sphere, notably

Asktraders News Team
Ocado Raises Revenue Guidance After Strong Growth

Ocado Retail, the joint venture between Ocado Group (LON: OCDO) and Marks & Spencer (LON: MKS), announced an increase in its revenue guidance for the current financial year in its Q3 trading statement on Thursday.

Sam Boughedda
Goldman Sachs Lifts IHG Shares, Cuts Whitbread

Goldman Sachs made a shift in its stance on two London-listed hotel stocks in a note this week, upgrading InterContinental Hotels Group (LON: IHG) while downgrading Premier Inn owner Whitbread (LON: WTB).

Sam Boughedda
BP’s Joint Venture Activates New RNG Plant

In a move that underlines the rising importance of renewable energy solutions, US renewable natural gas (RNG) producer Archaea Energy, a subsidiary of BP (LON: BP), in p

Asktraders News Team
Tesla Q3 Deliveries Set to Drive TSLA Stock Higher?

As Tesla Inc. (NASDAQ: TSLA) approaches the release of its third-quarter delivery figures, market anticipation is building with predictions suggesting significant upside potential for the company's stock. According to estimat

Asktraders News Team
Powerhouses Join Forces for $100 Billion AI Push

Industry leaders BlackRock (NYSE: BLK), Microsoft (NASDAQ: MSFT), and Abu Dhabi's sovereign wealth fund Mubadala Investment Company, have forged the Global AI Infra

Asktraders News Team
Roku Get’s An Upward Revision To $85 From Seaport Research

In a confident move, Seaport Research has increased its price target on Roku's stock (NASDAQ: ROKU) from $74 to $85, maintaining a "Buy" rating. With ROKU having closed the recent session slightly above the earlier target of

Asktraders News Team
Wall Street’s Has Mixed Day Ahead of Fed Rate Decision

On Tuesday, Wall Street closed with mixed results as investors were in a holding pattern ahead of the highly anticipated Federal Reserve's decision on interest rates, which is set to be announced on Wednesday.

Asktraders News Team
Zegona Share Price Target Upgraded at Barclays

Barclays has recently revised its outlook on the telecommunications investment company Zegona Communications (LON: ZEG), significantly increasing its price target from £3.50 to £6.00, while maintaining an Overweight rating on

Asktraders News Team
Microsoft Announces $60 Billion Buyback

Microsoft Corp (NASDAQ: MSFT) has announced a massive $60 billion share buyback plan, alongside a hike in its quarterly dividend by 10%. The move came as a surprise

Asktraders News Team
TT Electronics Share Price Targets Cut Following Trading Update

Electronic solutions engineering and manufacturing firm TT Electronics (LON: TTG) saw its share price targets significantly reduced by analysts following a disappointing trading update this week.

Sam Boughedda
Vodafone Making Strategic Moves Amid Operational Headwinds

Vodafone Group (LON: VOD), the British multinational telecommunications giant, is currently steering through a phase of operational challenges and strategic reshaping. The company has undertaken recent strategic moves includi

Asktraders News Team
Legal & General to Sell Cala Group for £1.35bn

Legal & General Group (LON: LGEN) announced Wednesday that it has agreed to sell its UK house builder, Cala Group, to a consortium led by Sixth Street Partners and Patron Capital for an enterprise value of £1.35 billion.

Sam Boughedda
Ramaco Resources Price Target Cut Amid Coal Market Weakness

Investment firm B. Riley has adjusted its price target for Ramaco Resources Inc. (NASDAQ: METC) from $19 to $18, maintaining a Buy rating on the stock. This revision comes in response to declining coal prices, with the Benchm

Asktraders News Team
Tesco Shares: Citi Raises Price Target Following Kantar Data

Citi analysts raised their price target for Tesco (LON: TSCO) following the release of the latest UK Kantar grocery market data. [stock_market_widget type="chart" template="li

Sam Boughedda
THG Shares Rise as Revenue Increases, Weighs Ingenuity Demerger

Consumer brands group THG (LON: THG) has seen its shares rise by more than 6% at the open on Tuesday following the release of its interim results for the half-year ended 30 June 2024.

Sam Boughedda
Down 15% This Year, Could Abrdn Shares Be Set For A Comeback?

The financial market is often a rollercoaster of ups and downs, and abrdn (LON: ABDN), a notable FTSE 250-listed company born out of the merger between Standard Life and Aberdeen Asset Management, has certainly experienced it

Asktraders News Team
Is Tesla Close To a Breakout?

Markets are watching Tesla's stock price (NASDAQ: TSLA), with some potential signs of a breakout being looked at for the EV juggernaut. The company's stock is curre

Asktraders News Team
Boeing’s Union Strike Intensifies Cash Flow Concerns

Boeing's stock (NYSE: BA) looks to start the week off on a positive, with the early price in pre-market up 0.49% at $157.54 after another difficult week for the firm as the bears rallied behind a strike. With new 52 week lows

Asktraders News Team
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