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SB1 Markets Starts Novo Nordisk Coverage at Buy

SB1 Markets on Tuesday initiated coverage of Danish drugmaker Novo Nordisk (NOVO-B.CO) with a buy rating and a price target of 280.00 Danish kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$NOVO-B.CO

Research146d ago

HSBC Downgrades Mouwasat Medical Services to Reduce, Cuts PT

HSBC on Tuesday downgraded hospital chain operator Mouwasat Medical Services (SASE:4002) to reduce from hold and decreased its price target to 61 Saudi riyals from 76 riyals.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SASE:4002

Research146d ago

UBS Cuts Parkin's PT, Maintains Buy Rating

UBS on Tuesday decreased the price target for parking spaces operator Parkin (DFM:PARKIN) to 5.90 Emirati dirhams from 7.22 dirhams and affirmed its buy rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

DFM:PARKIN

Mining & Metals146d ago

Trident Intersects High-Grade Gold from Contact Lake Project, Expands Winter Drill Program

Trident Resources (ROCK.V) said Wednesday that it intersected high-grade gold from the first nine diamond drill holes in its winter drill program at the Contact Lake gold project in Saskatchewan.As a result, the company expanded its winter drill program at the Contact Lake gold project in Saskatchewan to 13,000 meters from 10,000 m.Drill highlights include 4.61 grams per tonne (g/t) gold over 38.48 meters, including 5.48 g/t over 26.14 m, and 11.97 g/t gold over 10.70 m."We are extremely encouraged by these results, which continue to demonstrate the strength and continuity of the mineralized system at Contact Lake," Chief Executive Officer Jonathan Weisblatt said."Encountering additional high-grade mineralization both along strike and at depth reinforces our view that we are not dealing with isolated occurrences, but with a growing, cohesive gold system," Weisblatt added.

$ROCK.V

Research146d ago

Peel Hunt Upgrades Entain to Buy Rating, Reduces PT

Peel Hunt on Wednesday upgraded sports betting and gaming company Entain (ENT.L) to buy from add while lowering its price target to 7.50 pounds sterling from 8.50 pounds.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$ENT.L

Research146d ago

Danske Bank Downgrades Equinor to Hold, Boosts PT

Danske Bank on Wednesday downgraded Norwegian oil and gas giant Equinor (EQNR.OL) to hold from buy and increased the price target to 385.00 Norwegian kroner from 285.00 kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$EQNR.OL

Research146d ago

MP Capital Markets Upgrades Deutsche Börse to Buy, Raises PT

MP Capital Markets on Wednesday raised German exchange operator Deutsche Börse (DB1.F) to buy from hold and increased its price target to 293.00 euros from 276.00 euros.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$DB1.F

Research146d ago

Goldman Sachs Downgrades Sabic to Neutral, Lifts PT

Goldman Sachs on Wednesday downgraded petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic, to neutral from buy and increased its price target to 63 Saudi riyals from 60.90 riyals.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SASE:2010

Research146d ago

Oxcap Analytics Starts Ferrari Coverage at Overweight

Oxcap Analytics on Wednesday initiated coverage of Italian luxury carmaker Ferrari (RACE.MI) with an overweight rating and a price target of 430 euros.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$RACE.MI)

Research146d ago

UBS Reduces Dubai Islamic Bank's PT, Keeps at Neutral

UBS on Tuesday decreased the price target for United Arab Emirates-based lender Dubai Islamic Bank (DFM:DIB) to 8.00 Emirati dirhams from 9.20 dirhams and affirmed its neutral rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

DFM:DIB

Research146d ago

Sadif Downgrades Saudi Ceramic to Hold, Cuts PT

Sadif Investment Analytics on Tuesday downgraded ceramic products manufacturer Saudi Ceramic (SASE:2040) to hold from buy and reduced its price target to 31.222 Saudi riyals from 41.74 riyals.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SASE:2040

Research146d ago

Danske Bank Upgrades Vår Energi to Hold Upgrades, Boosts PT

Danske Bank on Wednesday upgraded oil and gas company Vår Energi (VAR.OL) to hold from sell and increased its price target to 48 Norwegian kroner from 30 kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$VAR.OL

Research146d ago

UBS Downgrades Imperial Brands to Neutral, Lowers PT

UBS on Wednesday downgraded British tobacco company Imperial Brands (IMB.L) to neutral from buy and decreased its price target to 31.50 pounds sterling from 35 pounds.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$IMB.L

Research146d ago

Goldman Sachs Upgrades Yansab to Neutral, Boosts PT

Goldman Sachs on Wednesday upgraded petrochemical products company Yanbu National Petrochemical (SASE:2290), d/b/a Yansab, to neutral from sell and increased its price target to 36.90 Saudi riyals from 30.60 riyals.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SASE:2290

Research146d ago

Citi Cuts BinDawood Holding PT, Keeps Neutral Rating

Citi on Tuesday lowered its price target for Saudi Arabian grocery retailer BinDawood Holding (SASE:4161) to 5.50 Saudi riyals from 6.60 riyals, while maintaining its neutral rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SASE:4161

Research146d ago

Barclays Upgrades Bank of Ireland to Overweight, Boosts PT

Barclays on Wednesday upgraded Irish lender Bank of Ireland Group (BIRG.IR) to overweight from equal weight and raised the price target to 19.50 euros from 15.40 euros.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$BIRG.IR

Research146d ago

Deutsche Bank Downgrades Norsk Hydro to Hold, Raises PT

Deutsche Bank on Tuesday downgraded industrial group Norsk Hydro (NHY.OL) to hold from buy and increased its price target to 100 Norwegian kroner from 88 kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$NHY.OL

Treasury146d ago

Brief: Canada's February Manufacturing Inventories Add 0.6% M/M; Unfilled Orders Reach Record High, Up 2.3% M/M

$CXY

Research146d ago

Goldman Sachs Downgrades Advanced Petrochemical to Neutral, Lowers PT

Goldman Sachs on Wednesday lowered propylene and polypropylene products company Advanced Petrochemical (SASE:2330) to neutral from buy and decreased its price target to 28.70 Saudi riyals from 32 riyals.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SASE:2330

Wire146d ago

Snap to Cut Workforce by 16%, Targets $500 Million in Annual Savings

Snap (SNAP) said Wednesday it is cutting its workforce by 16%, or about 1,000 jobs, in a move to boost annual cost savings.The company said the move is expected to generate more than $500 million in annualized cost savings. It also updated its first-quarter 2026 revenue outlook to approximately $1.53 billion.Analysts surveyed by FactSet expect Q1 revenue of $1.52 billion."Snap faces a crucible moment - squeezed between giants with enormous resources and nimble startups moving fast," the company said in a statement. "To meet this moment, we are pivoting toward profitable growth."Shares of Snap were up nearly 7% in Wednesday premarket trading.

$SNAP

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