Category: rating
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Moody’s: Ceasefire could halt slide in Israel’s rating
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Investor EmpiresInternational credit rating agency Moody’s says the ceasefire agreement that entered into force between Israel and Hamas reduces the immediate risks to the Israeli economy, but the agency stresses that more significant progress will have to be achieved to ensure long-term stability. The update comes four months after the agency…
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Moody’s: Ceasefire could halt slide in Israel’s rating
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Investor EmpiresInternational credit rating agency Moody’s says the ceasefire agreement that entered into force between Israel and Hamas reduces the immediate risks to the Israeli economy, but the agency stresses that more significant progress will have to be achieved to ensure long-term stability. The update comes four months after the agency…
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Baird maintains Outperform rating on Costco shares on strong sales By Investing.com
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Investor EmpiresBaird reiterated an outperform rating on Costco Wholesale (NASDAQ: NASDAQ: ), while maintaining a price target of $975.00. Costco’s underlying global comparable sales, excluding gas and foreign exchange impacts, rose 8.9%, the company’s analysis highlighted. This increase includes an approximately 1.5% increase in storage activity that occurred in late September,…
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Nordson reiterates stock target with Buy rating on long-term growth potential By Investing.com
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Investor EmpiresOn Monday, DA Davidson reiterated a Buy rating on Nordson (NASDAQ:) stock with a price target of $295.00. Following Nordson’s investor day in New York City on Sunday, the company expressed continued confidence in the company’s long-term growth potential. The event reviewed Nordson’s growth drivers, its technologies and the progress…
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Moody’s: Lack of war exit strategy weighed on Israel’s rating
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Investor EmpiresAfter downgrading Israel’s credit rating last Friday, international rating agency Moody’s held a webinar for investors yesterday to explain the decision. Kathryn Muelbrunner, Moody’s Senior Vice President of Sovereign Risk Group, led the discussion and presented the considerations that led to a two-notch downgrade of Israel’s credit rating to Baa1,…
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Mizuho maintains Outperform rating on RPM International stock, highlighting NovQ upside By Investing.com
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Investor EmpiresOn Thursday, Mizuho Securities maintained its positive stance on RPM International Inc. (NYSE:), a manufacturer of specialty coatings, sealants and building materials, by raising their price target to $139.00 from $134.00. The company continues to uphold an Outperform rating on the stock, indicating a positive outlook on its performance. RPM…
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Mizuho maintains Outperform rating on RPM International stock, highlighting NovQ upside By Investing.com
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Investor EmpiresOn Thursday, Mizuho Securities maintained its positive stance on RPM International Inc. (NYSE:), a manufacturer of specialty coatings, sealants and building materials, by raising their price target to $139.00 from $134.00. The company continues to uphold an Outperform rating on the stock, indicating a positive outlook on its performance. RPM…
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S&P cuts Israel’s credit rating as “conflict intensifies”
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Investor EmpiresInternational rating agency Standard & Poor’s downgraded Israel’s sovereign credit rating for the second time in a few months and reiterated its negative outlook, meaning a further downgrade is expected in the next 18 months. The rating was lowered from A+ to A – which is a medium to high…
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10X Genomics hold rating reiterated by TD Cowen By Investing.com
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Investor EmpiresTD Cowen maintained a Hold rating on 10X Genomics (NASDAQ:TXG) with a firm price target of $20.00. The decision came after 10X Genomics revealed plans at an industry event to introduce new single-cell (SC) products in the fourth quarter. These offerings are designed to be more cost-effective, with an emphasis…
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Oppenheimer maintains Outperform rating on Jasper Therapeutics shares By Investing.com
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Investor EmpiresOppenheimer maintained a positive outlook on Jasper Therapeutics (NASDAQ: JSPR), reiterating an Outperform rating with a firm price target of $80.00. The company’s position comes after evaluating long-term results from a phase 2 study of parzolfolimab for the treatment of chronic spontaneous urticaria (CSU), which was presented at the European…
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Moody’s cuts Israel’s rating by two notches
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Investor EmpiresThe International Credit Classification Agency has issued a harsh report on the classification of the Israeli economy, announcing in an exceptional move that it reduced the country’s rating by two degrees from A2 to BAA1, with a negative future look. The new classification places Israel equally with countries such as…
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WEIR Group shares hold firm with Buy rating on strong market position By Investing.com
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Investor EmpiresOn Sunday, Jefferies reiterated its buy rating on WEIR Group Plc (WEIR:LN) (OTC: WEGRY) with a target price of £25.70. The firm’s analysis highlighted WEIR’s successful transformation into a mining technology company, noting improvements in market position, product offerings and management performance. The company acknowledged WEIR’s progress over the past…
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FedEx stock target cut on demand concerns, retains buy rating By Investing.com
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Investor EmpiresOn Friday, TD Cowen took a cautious stance on FedEx Corp (NYSE: ) shares by cutting its price target to $328 from $334, while still recommending the stock as a Buy. The revision comes on the heels of FedEx’s first-quarter financial results, which fell short of analyst expectations or the…
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UBS cuts Interpublic Group to sell rating By Investing.com
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Investor EmpiresUBS has revised its stance on Interpublic Group (NYSE:IPG), downgrading the stock to sell from neutral and revising its price target down to $29 from $34 previously. The decision comes as the analyst believes the consensus has not fully factored in the impact of significant account losses, including the recent…
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S&P on New Zealand’s CA deficit – if it doesn’t narrow could trigger for rating downgrade
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Investor EmpiresHigh Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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MongoDB shares retain Neutral rating, Mizuho raises target after Q2 revenue beat By Investing.com
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Investor EmpiresMizuho raised its price target on Friday. Mongo DB (NASDAQ:) to $275 from $250, maintaining a neutral rating. The adjustment came after MongoDB’s second-quarter earnings report, which beat consensus expectations for revenue and margins. The company’s management team also raised its fiscal 2025 growth forecast to 14-15%, beating the consensus…
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Moody’s warns of rating consequences of escalation
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Investor EmpiresCommenting on the security situation in Israel and its impact on the country’s sovereign rating, Moody’s, the global credit rating agency, said yesterday that the exchange of fire between Israel and Hezbollah on Sunday represents an escalation, but the economic and human costs remain limited and in line with the…
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Citi sees Israel at risk of further rating downgrades
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Investor EmpiresThe research department of the American bank Citi has issued an analysis of the economic situation in Israel covering the credit rating downgrades made by global credit rating agencies, the latest of which was the downgrade by Fitch last week. The analysis concluded that further credit rating downgrades may be…
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CIBC raises Well Health stock target, keeps rating on Q2 beat By Investing.com
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Investor EmpiresOn Friday, CIBC raised its target price on shares of Well Health Technologies Corp. (WELL:CN) (OTC:WLYYF) to C$5.00, up from C$4.75, while maintaining a neutral rating on the stock. The revision comes after Well Health reported second-quarter revenue and EBITDA that beat expectations, driven by strong growth and better-than-expected profitability…
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Carvana is on watch after S&P boosted its credit rating by a notch (NYSE:CVNA)
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Investor EmpiresJoe Raedle/Getty Images News Standard & Poor’s Global has upgraded Carvana’s credit rating to A+.NYSE: CVNA) to B- from CCC+. The rating agency noted that Carvana (CVNA) has continued to grow revenue and earnings. Standard & Poor’s sees these improvements as sustainable and enabling meaningful free earnings. Operating cash flow.…