Category: upgraded
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RTX upgraded to Buy from Hold at Deutsche Bank
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https://www.tipranks.com/news/the-fly/rtx-upgraded-to-buy-from-hold-at-deutsche-bank-2 Deutsche Bank analyst Scott Duschl made the upgrade RTX (RTX) to buy from Hold using a Price target From $140, up from $131. RTX trades like a defense stock and is valued like a defense stock but has multiple EBIT like an aviation stock, the analyst tells investors in…
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UK growth forecast upgraded after Reeves’s £70bn spending boost
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The OECD has significantly updated its UK growth forecasts, giving credit to Rachel Reeves’ £70bn-a-year public spending package. The UK economy is now expected to grow by 0.9% in 2024 and 1.7% in 2025, up from May forecasts of 0.4% and 1.0%. But the Paris-based organization warned that this growth…
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Lightspark Announces New Bitcoin L2 and Upgraded UMA Capabilities
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At Lightspark Sync, Lightspark’s first partner summit on Thursday, the company announced new products and features that will allow users to make global payments using both bitcoin and fiat currencies. The company announced that it has launched an alpha version of Spark, a Bitcoin Layer 2 interoperable with Lightning making…
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Goldman Sachs upgraded its call on Chinese stocks to overweight
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Goldman Sachs raised its call on Chinese stocks to overweight, due to optimism over Beijing’s stimulus measures. Bloomberg (portal) with the report. In short (very): Chinese stocks could rise another 15% to 20% if the authorities fulfill their policy promises. Valuations are below historical averages, earnings could improve, and global…
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CVS Health upgraded at TD Cowen after insurer unveils 2025 Medicare Advantage plan By Investing.com
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Investing.com – Analysts at TD Cowen raised their rating on CVS Health (NYSE:) to “buy” from “hold,” citing changes to Medicare Advantage plan benefits for 2025 announced earlier this week. Along with peers like Humana (NYSE:) and Cigna (NYSE:), CVS unveiled details of next year’s government-backed health insurance plans for…
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CVS Health upgraded at TD Cowen after insurer unveils 2025 Medicare Advantage plan By Investing.com
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Investing.com – Analysts at TD Cowen raised their rating on CVS Health (NYSE:) to “buy” from “hold,” citing changes to Medicare Advantage plan benefits for 2025 announced earlier this week. Along with peers like Humana (NYSE:) and Cigna (NYSE:), CVS unveiled details of next year’s government-backed health insurance plans for…
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Clorox stock upgraded by Jefferies as topline growth improves By Investing.com
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On Tuesday, Jefferies upgraded Clorox (NYSE:) stock to buy from hold, setting a new price target of $187, up from the previous price of $174. The company highlighted the positive outlook for the company’s future performance, anticipating a return to historical levels of growth and profitability. Clorox, known for its…
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Banks switch to upgraded system for large payments
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Banks and microfinance banks have begun testing the updated system for sending high-value financial transactions to speed up transfers while tightening screening for fraud. Banks on Monday began testing the updated system that incorporates ISO 20022 — a global standard for exchanging electronic messages between financial institutions using standardized messaging…
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Moderna upgraded, downgrade for Hershey By Investing.com
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Investing.com – Here’s a professional summary of what Wall Street analysts said over the past week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! Petrobras What happened? Morgan Stanley on Monday raised its rating on Petrobras (NYSE:PET) to overweight with a $20 price target. *Tilder:…
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Newmont upgraded, AngloGold downgraded at Scotiabank in upbeat gold outlook (NYSE:NEM)
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bodnarchuk/iStock via Getty Images Newmont (NYSE: No) was upgraded to sector outperform from sector perform with a $59 price target, but AngloGold Ashanti (AU) was downgraded to sector underperform from sector perform with a $30 price target, at Scotiabank, which still sees the group delivering an average upside of around…
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Booking Holdings upgraded on increasing resilience in EMEA By Investing.com
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Benchmark raised its rating on Booking Holdings (NASDAQ:) from Hold to Buy, and set a new price target of $4,700 per share. Despite current economic concerns and elevated investor expectations, Benchmark analysts believe the company’s increased resilience in EMEA, coupled with strong growth in Asia Pacific and Latin America, will…
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Gilead Sciences stock upgraded by Raymond James on strong growth outlook for new drugs By Investing.com
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On Monday, Raymond James changed its stance on Gilead Sciences Inc. (NASDAQ:GIL) stock, upgrading it from “market perform” to “outperform.” The firm also set a $93.00 price target for the biopharmaceutical company. This update is bolstered by promising data from the PURPOSE-1 study of lenacapavir, a long-acting HIV pre-exposure prophylaxis…
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US equities upgraded on ‘growth-oriented’ nature By Investing.com
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Citi analysts downgraded European stocks to neutral and upgraded their stance on the US in their latest global equity strategy note. Given rising political risks and narrowing market leadership in Europe, they view the US as a more attractive option in the near term due to its “growth-oriented” nature and…
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ASML receives new Street-high price target, HPE upgraded By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! Evercore: Nvidia stock split could be a catalyst for volatility Nvidia (NASDAQ:) stock will begin trading on Monday on an adjusted split, and according…
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Apple reiterated as Top Pick, C3.ai stock upgraded By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! “AI-Powered Upgrade Is Coming:” Apple reiterates Bank of America’s “Top Pick” title Bank of America reiterated Apple (NASDAQ:) stock as the top pick, maintaining…
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Modine stock upgraded by Oppenheimer on growth drivers By Investing.com
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On Thursday, Oppenheimer maintained an outperform rating on Modine Manufacturing (NYSE:) stock and increased its price target to $110 from $105. The revision follows Modine’s mixed Q4 FY2024 results and FY2025 guidance compared to consensus expectations. Despite early trading lows on Wednesday, the company’s shares rose due to several factors…
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Micron upgraded amid ‘unprecedented outlook for memory’ By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! Apple’s focus on AI is ‘clearly visible’ – BofA During the week, analysts at Bank of America Securities reiterated a buy rating and price…