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FTSE 100 Index Showing Resilience

The FTSE 100 index has seen a notable start to 2024, striking record highs in May and demonstrating a resilience that outpaces its performance from the previous year. Desp

Asktraders News Team
Next Share Rating Boosted at Citi on Positive Consumer Environment

Next plc (LON: NXT) shares gained more than 2% in Wednesday's session after positive commentary and a re-rating from an analyst at one investment bank.

Sam Boughedda
British Airways Owner IAG’s Shares Jump – Here’s Why

IAG (LON: IAG) shares rose around 3% on Wednesday, fueled by a double-upgrade from Morgan Stanley. Analyst Conor Dwyer upgraded the stock from Underweight to Overweight, citing a more positive outlook on pricing and capacity

Sam Boughedda
SKF AB (STO: SKF-B) Sees Price Target Cut by Citi, Neutral Rating Holds

Citi analyst Klas Bergelind has revised the firm's price target on SKF AB shares (STO: SKF-B), taking it down to SEK 221 from the previous SEK 249. Despite the lowered price target, Citi maintains a Neutral rating on the shar

Asktraders News Team
Barclays Bullish on Smurfit Westrock Stock (NYSE: SW), Sets $60 Target

Smurfit Westrock stock (NYSE: SW) has drawn the attention of Barclays analysts, who initiate coverage with an Overweight rating and a $60 price target. SW shares are currently trading at $44.85, largely unchanged on the day

Asktraders News Team
Booking Holdings Price Target (NYSE: BKNG) Gains Analyst Boost

Booking Holdings stock (NYSE: BKNG), a prominent player in the travel services industry, has seen its price target raised from $4,285 to $4,580 by Tigress Financial. The f

Asktraders News Team
Begbies Traynor Shares (LON:BEG) Gain Bullish Note With Price Target Cut

Canaccord has revised its price target for Begbies Traynor shares (LON:BEG), marking a reduction from 175p down to 158p. Despite the lowered price target, the firm continues to see a promising outlook for the company, maintai

Asktraders News Team
JetBlue Stock Price (NASDAQ: JBLU) Faces Turbulent Flight Towards Recovery After 38% Dip

JetBlue Airways stock (NASDAQ: JBLU) continues to navigate through some turbulent times, with a 2.9% dip yesterday bringing 12 month declines to 38%. Despite a recent boost from investing heavyweight Carl Icahn, who acquired

Asktraders News Team
Oracle Integrates Palantir AI to Boost Cloud Services

Oracle Corporation (NYSE: ORCL) has enhanced its tech portfolio by integrating Palantir Technologies Inc.'s sophisticated artificial intell

Asktraders News Team
Stellantis Stock Price Target (NYSE: STLA) Trimmed By Barclays, Remains Bullish

In pre-market trading, shares of Stellantis NV (NYSE: STLA) experienced a slight increase from the previous close, with the current price at $19.53, marking a modest rise of 0.41%.

Asktraders News Team
Broadcom Embarks on $5B Debt Deal for VMware Buy

Broadcom Inc. (NASDAQ: AVGO), a global technology leader, reached out to the US investment-grade bond market this week, raising $5 billion. This strategic financial manoeu

Asktraders News Team
Diversified Energy Company to Acquire Eastern Texas Natural Gas Assets

Diversified Energy Company (LON: DEC) announced Wednesday that it has struck an agreement to acquire high-quality natural gas assets in eastern Texas from Crescent Pass Energy.

Sam Boughedda
Barratt Developments Sees FY24 Profit ‘Slightly Ahead’ of Previous Expectations

UK housebuilder Barratt Developments (LON: BDEV) announced today that it expects to report a profit before tax for the fiscal year 2024 (FY24) that is slightly higher than previously anticipated.

Sam Boughedda
Why Is Jumia Stock Price Up (NYSE: JMIA)? New 52 Wk Highs on +29% Day

In a significant upswing, Jumia Technologies AG (NYSE: JMIA), an e-commerce powerhouse operating across various African regions and internationally, witnessed its shares leap by 29.9%, adding $2.53 to reach $10.99. This surge

Asktraders News Team
Shell Bolsters LNG Operations

Shell PLC (LON: SHEL) has announced a significant step in expanding its Liquified Natural Gas (LNG) operations with the final investment decision (FID) for the d

Asktraders News Team
Strategic Partnership to Enhance Saudi Tech Education

In a significant effort to cultivate technological competence within Saudi Arabia, Dell Technologies (NYSE: DELL), Aramco (TADAWUL: 2222), and the National IT Academy have entered into a collaboration aimed at enriching the l

Asktraders News Team
Canaccord Sees Opportunity in Castle Bioscience’s Stock Dip (NASDAQ: CSTL)

Having fallen 15% in the past week, Castle Biosciences stock (NASDAQ: CSTL) has been flagged by one analyst as representing opportunity on the pullback. The move comes on the heels of a final non-coverage decision announced o

Asktraders News Team
Baltic Classifieds Group Stock (LON: BCG) Holds Bullish Analyst Targets

Baltic Classifieds Group shares (LON: BCG), the leading online classifieds platform in the Baltic region, has recently garnered positive attention from financial analysts. Berenberg Bank has initiated coverage on Baltic Class

Asktraders News Team
Kinovo Forgoes Dividend Amid Profit Surge

Kinovo PLC shares (LON: KINO) have had a great start to July, delivering 14% of gains through the month to date. The firm announced robust financial growth today, though it did not declare a dividend following last year's su

Asktraders News Team
DigitalBridge Stock (NYSE: DBRG) Target Lowered to $24 At B. Riley

DigitalBridge Group stock (NYSE: DBRG), off the back of 26.55% losses so far through 2024 have received a price target drop from B Riley. The real estate services firm specializing in digital infrastructure assets, trades on

Asktraders News Team
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