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Dolphin Drilling Signs Letter of Intent for Semi-submersible Rig

Offshore drilling contractor Dolphin Drilling (DDRIL.OL) signed a letter of intent with an undisclosed party for the potential use of its semi-submersible rig Borgland Dolphin.The agreement allows the parties to negotiate a potential $230 million contract, which will begin in the second half of 2027 and includes options to extend for five more years, according to a Tuesday release.The deal will proceed following the receipt of approvals from the parties' management.

$DDRIL.OL

Wire146d ago

Veon Unit Gets Antitrust Approval for TPL Insurance Stake Acquisition

Veon (VEON) said Tuesday the Competition Commission of Pakistan approved its Jazz International Holding unit's acquisition of a controlling stake in TPL Insurance for roughly 4.15 billion Pakistani Rupees ($14.6 million).The target business holds a general insurer license and recorded a gross written premium of 5.7 billion Rupees alongside more than 277,000 issued policies as of Dec. 31, 2025.The transaction is anticipated to close midyear, according to the company.Price: $52.63, Change: $-0.12, Percent Change: -0.23%

$VEON

Mining & Metals146d ago

Dryden Gold to Raise $7.5 Million in a Private Placement of Flow-Through and Charity Flow-Through Shares

Dryden Gold (DRY.V) on Tuesday said it will seek to raise $7.5 million from non-brokered private placement.The company said it will place up to a maximum of 17.95-million shares comprised of both flow-through shares (FT shares) and charity flow-through shares (CFT shares). The FT shares will be offered at $0.41 per share and the CFT shares will be offered at $0.4521 per CFT shares.Proceeds will be used to expand its drill program at its Hyndman project following permitting and summer fieldwork results. Dryden will also significantly expand its drill program at Gold Rock testing at depth and along strike.The company said the "district scale opportunity" will be further tested with an expanded summer field campaign to support targeted drill testing of priority anomalies. Additional field work will include detailed geological mapping, prospecting, tighter-spaced till substrate sampling and a gold-in-till program on newly acquired property at Hyndman.The financing may close in one or more tranches. An amount equal to the gross proceeds from the issuance of the FT shares and the CFT shares will be used to incur eligible resource exploration expenses which will qualify as "Canadian exploration expenses" and as "flow-through mining expenditures".Shares of the company were last seen up $0.005 to $0.35 on the TSX Venture Exchange.Price: $0.35, Change: $+0.01, Percent Change: +1.45%

$DRY.V

US Markets146d ago

Middle East Conflict to Drive Oil Demand Contraction This Year, IEA Says

The International Energy Agency on Tuesday forecast global oil demand to turn negative this year due to the Middle East conflict, penciling in the sharpest consumption decline in the second quarter since the COVID-19 pandemic.The agency now forecasts demand to drop by 80,000 barrels a day this year, compared with a 640,000-barrel rise predicted last month.Oil consumption is anticipated to shrink by 1.5 million barrels a day in the second quarter, representing the steepest plunge since COVID-19, the IEA said. Demand is expected to contract by 800,000 barrels per day year over year in March and by 2.3 million barrels this month, the IEA said."Initially, the deepest cuts in oil use have come in the Middle East and Asia Pacific, mainly for naphtha, LPG and jet fuel," according to the IEA report. "However, demand destruction will spread as scarcity and higher prices persist."Energy prices have soared in the aftermath of the US-Israel war with Iran that have curtailed shipments through the crucial Strait of Hormuz. While Washington and Tehran have agreed to a temporary ceasefire, the two sides were unable to reach a deal during negotiations in Pakistan over the weekend.Brent crude declined 4% to $95.40 a barrel in Tuesday trading, while West Texas Intermediate fell 6.7% to $92.42."Resuming flows through the Strait of Hormuz remains the single most important variable in easing the pressure on energy supplies, prices and the global economy," the IEA said. "The prospects for a lasting negotiated settlement to the conflict remain unclear at this stage."On Monday, the Organization of the Petroleum Exporting Countries lowered its second-quarter oil demand forecast, but maintained its full-year estimates amid expectations for a rebound in the second half.The US navy on Monday began a blockade of maritime traffic entering and exiting Iranian ports.Global oil supply plunged by 10.1 million barrels a day to 97 million barrels last month, amid Tehran's attacks on energy infrastructure in the Middle East and restrictions to tanker movements through the strait, according to the agency. In March, it forecast supply to drop by 8 million barrels for the month.Last month, the IEA agreed to release a record 400 million barrels of oil amid concerns around supply disruptions caused by the Middle East conflict.

Wire146d ago

ESAB Faces Softer Q1 on Middle East Pause With 2026 Outlook Intact, Oppenheimer Says

ESAB (ESAB) is expected to report Q1 results "modestly below prior expectations" due to a temporary pause in Middle East orders and some war-related cost and supply-chain headwinds, Oppenheimer said Monday in a report.ESAB makes welding equipment and gas-control systems used across industrial, infrastructure and energy markets. Oppenheimer said broader 2026 demand trends remain generally in line and noted it is encouraged by ESAB's reaffirmed guidance ranges, which call for total sales growth of 6% to 9%, EBITDA of $575 million to $595 million and adjusted earnings per share of $5.70 to $5.90Oppenheimer trimmed its EPS estimates to $5.80 from $5.87 in 2026 and to $6.50 from $6.55 in 2027, while maintaining an upside bias given ESAB's positioning in high-growth markets and its runway for mergers and acquisitions.Q1 results are due May 7.Oppenheimer maintained its outperform rating on ESAB stock with a $140 price target.Price: $103.76, Change: $+1.37, Percent Change: +1.34%

$ESAB

Research146d ago

Research Alert: CFRA Reiterates Buy Opinion On Shares Of Citigroup Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target price by $10 to $150 applying a forward P/E of 13.2x that is near the midpoint of the historical averages for three years at 15.1x and five years at 11.9x on forward normalized earnings. We are confident C is well positioned to accelerate growth and performance. Looking ahead for 2026, we believe there is ample market opportunity to exceed consensus expectations on revenue growth and wider margins for all businesses. We are increasing our 2026 EPS estimate by $1.55 to $11.30 and 2027's by $0.80 to $12.50 on projected revenue of $93.5B (prior $88.3B) and $98.5B ($92.0B). We moved to a new valuation level on price to NTBV at a premium of 1.5x, which is still below direct peers trading anywhere from 1.7x to 2.5x. We see upside to our target based on C's leading position in treasury securities services and its position as one of the top-five players in investment banking. Valuation risk may rest with a change in macroeconomic conditions outside the U.S., where C has more exposure than peers.

Wire146d ago

Ford's Potential Earnings Power Underappreciated, UBS Says

Ford Motor (F) has a "credible path" to delivering 2027 EPS of above $2, with a march towards $3 beyond 2027, UBS Securities said in a Tuesday note.The report pointed among others to its product portfolio, a more lenient US regulatory backdrop, and an emerging battery energy storage system opportunity.The note also said recent concerns over higher gasoline and aluminum prices are overdone as aluminum prices are hedged and not impacting 2026."The market is pricing in 2027 EPS of $1.73, ~16% below our forecast and under appreciating that transient headwinds dissipate in 2H26E and 2027E+ EPS power," the report said.UBS upgraded Ford to buy from neutral, with a $15 price target.Price: $12.65, Change: $+0.49, Percent Change: +4.03%

Wire146d ago

Otter Tail Appoints Tim Rogelstad as President

Otter Tail (OTTR) said Tuesday it named Tim Rogelstad as president, starting April 13.Rogelstad was most recently the president of the company's Otter Tail Power unit. Todd Wahlund, who previously served as chief financial officer of Otter Tail, was elected to succeed Rogelstad at the electric utility, according to a statement.Also, Otter Tail said Tyler Nelson was named chief financial officer and vice president. He was most recently the vice president of finance and treasurer at the company, according to Otter Tail.Price: $91.70, Change: $-0.18, Percent Change: -0.20%

$OTTR

Mining & Metals146d ago

Correction: CIBC Says GFL Offer to Acquire Secure Waste Infrastructure Provides "Attractive" Premium to Shareholders

(Corrects name of the target company in the headline and first paragraph to Secure Waste Infrastructure.)CIBC Capital Markets believes GFL Environmental's (GFL.TO, GFL) $6.4-billion offer to acquire Secure Waste Infrastructure (SES.TO) provides shareholders with an attractive premium, while also retaining potential upside of the combined company.In a note, analyst Jamie Kubik, who has raised his price target on Secure to $24.75 to reflect the offer price, and moved his rating to tender from neutral, says the combined company provides Secure shareholders access to additional segments of the waste management value chain, resulting in less revenue concentration and enhanced growth potential.The increase in GFL's float capitalization could also enhance potential for broader future equity-index inclusions, he adds.Canadian Competition Bureau review of this deal will be watched closely given recent history, Kubik says. The Bureau previously challenged GFL's acquisition of Terrapure and Secure's acquisition of Tervita, with the latter review resulting in the forced disposition of select Tervita assets."Given select Tervita assets were already carved out of the Secure platform, we believe it is unlikely further dispositions of such a magnitude would be required, but nonetheless we will be interested to see how the Canadian Competition Bureau views this transaction."Price: $21.90, Change: $-0.54, Percent Change: -2.41%

$GFL$GFL.TO$SES.TO

Japan146d ago

US Equity Indexes Rise Amid Speculation Iran Peace Talks May Resume; Crude Oil Slumps

US equity indexes rose in midday trading on Tuesday as optimism over a peace deal with Iran hit crude oil futures, and after mega-cap banks reported quarterly earnings.The Nasdaq Composite jumped 1.4% to 23,515.6, the S&P 500 climbed 0.9% to 6,948.1, and the Dow Jones Industrial Average advanced 0.6% to 48,523.3.President Donald Trump remains open to resuming in-person negotiations soon if he believes Iran is ready to submit to his demands, CNN reported, citing people familiar with the matter. Trump officials are internally discussing details for a potential second, in-person meeting with Iranian officials before a ceasefire expires on April 21, a source familiar with the discussions told CNN.In Islamabad on Saturday, American negotiators proposed a 20-year pause on Iran's enrichment of uranium, a source familiar with the talks told CNN. Iran responded with a proposal for a five-year suspension, which the US has rejected, CNN reported, citing a US official.West Texas Intermediate crude oil futures slumped 5.9% to $93.21, and Brent crude futures dropped 3.4% to $95.98.Most US Treasury yields fell, with the 10-year down 2.5 basis points to 4.27% and the two-year retreating 1.3 basis points to 3.77%.In company news, Citigroup (C) and BlackRock (BLK) reported Q1 earnings and revenue growth above market expectations. JPMorgan Chase (JPM) also delivered a better-than-expected quarter.

Dow JonesNasdaq CompositeS&P 500$BLK$C$JPM

Oil & Energy146d ago

Financial Oil Derivatives Surge in Volatile Market as Physical Supply Drops, OIES Says

Financial oil markets have expanded by the equivalent of about 1 billion barrels per day in derivatives trading volumes, even as global physical oil supply has fallen by over 10 million barrels per day since the start of the Gulf war, according to Oxford Institute for Energy Studies analyst Ilia Bouchouev in a Tuesday note.In a commentary on market dynamics during the ongoing crisis, Bouchouev said trading behavior across options, futures, and hedging flows has shifted sharply as volatility in physical crude markets intensified.He said hedge funds have at times reduced net futures exposure, with risk allocations shrinking as volatility rises. Some discretionary funds have also moved to the sidelines, citing difficulty in meeting performance targets under current conditions.As hedge funds pulled back, other participants have taken a more prominent role.Oil producers have increasingly sold longer-dated futures via swap dealers to lock in elevated prices, while participants positioning around US Strategic Petroleum Reserve releases have traded spreads between short- and long-dated contracts.Options traders, meanwhile, have also contributed to recent selling pressure by taking profits on earlier positions.Bouchouev said these flows have contributed to a growing disconnect between physical oil prices and benchmark futures such as Brent and West Texas Intermediate, with derivatives activity increasingly shaping short-term price dynamics.He added that while some financial traders remain structurally bullish, expressing directional views has become more difficult in highly volatile conditions, where small position shifts can lead to outsized portfolio impacts.However, he cautioned that sentiment could shift quickly. Any escalation in geopolitical tensions in the Middle East could trigger renewed call option buying and a fresh wave of bullish positioning.He also noted that although financial oil markets are significantly larger than physical crude markets, they remain small relative to global equity and bond markets, leaving room for spillovers from broader macro-financial conditions.The derivatives market for refined products, he added, remains structurally imbalanced and sits at the center of current pricing distortions.

Treasury146d ago

Expectations of Bank of Canada Rate Hikes Are "A Bit" Overpriced, Says Deutsche Bank

Bank of Canada looks "a bit" overpriced for rate hikes, given a tepid Canadian economy, said Deutsche Bank.Despite Canada being a huge net energy exporter, the Canadian dollar (CAD) has underperformed, consistent with the bank's bearish CAD view.

$CAD$CXY

Research146d ago

Research Alert: CFRA Keeps Buy Opinion On Shares Of Wells Fargo & Company

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:With higher inflation expectations and a weakening low-end consumer, we cut our 12-month target price by $10 to $108, representing 13.3x our 2027 EPS estimate, above the five-year historical average of 11.5x, given the removal of the bank's asset cap. We raise our 2026 EPS view by $0.08 to $7.05 and increase 2027's by $0.23 to $8.13. Commentary during the Q1 earnings call disappointed as management highlighted that recent margin headwinds will likely persist through Q2. However, with WFC closing its final outstanding consent order last month, the bank is well-positioned to capture market share by pursuing low-hanging fruit. Encouraging momentum has emerged in loan balances, with loan growth accelerating for six consecutive quarters (+10% Y/Y in Q1), while deposit growth (+6%) reached its highest level since 2021. We expect this trajectory to continue and are encouraged by WFC's strategic expansion into high-yielding credit card loans, including the launch of two new travel-focused rewards cards in Q1.

$WFC

US Markets146d ago

Wells Fargo First-Quarter Revenue Trails Views; CEO Sees Delayed Oil Price Shock Impact

Wells Fargo's (WFC) first-quarter revenue missed market expectations as Chief Executive Charlie Scharf said there will likely be a lag in the pass-through of higher oil prices.Consolidated sales increased 6% year over year to $21.45 billion, but fell short of the FactSet-polled consensus estimate of $21.79 billion. The lender posted earnings of $1.60 per share for the March quarter, up from $1.39 a year ago and ahead of Wall Street's $1.58 view.Shares of the bank were down 4.9% in Tuesday trade."While markets have been volatile, we still see continued resiliency in the underlying economy and the financial health of the consumers and businesses we serve remains strong, though the impact of higher oil prices will likely take some time to materialize," Scharf said in a statement.Energy prices have soared in the aftermath of the US-Israel war with Iran that has curtailed shipments through the Strait of Hormuz. While the US and Iran have agreed to a temporary ceasefire, the two sides were unable to reach a deal during negotiations in Pakistan over the weekend.JPMorgan Chase (JPM) and Goldman Sachs (GS) have posted first-quarter results above market estimates. Their executives flagged potential macro-level risks, including those stemming from geopolitical tensions, even though they stressed that the underlying economy remained resilient.Wells Fargo's net interest income rose 5% year over year to $12.1 billion, while noninterest income jumped 8% to $9.35 billion.Corporate and investment banking revenue increased 4% to $5.28 billion as gains in investment baking were countered by a decline in the commercial real estate business. Consumer banking and lending revenue increased 7% to $10 billion, while commercial banking added 7%.Price: $82.29, Change: $-4.36, Percent Change: -5.03%

$GS$JPM$WFC

Asia Markets146d ago

Germany's DAX Index Gains on Hopes of Renewed US-Iran Peace Talks

Germany shares recovered from earlier losses on Tuesday, with the blue-chip DAX index up 1.27% at closing, amid reports that the US and Iran may return to the negotiating table.US and Iranian negotiators may head back to Pakistan by the end of the week to resume peace talks, Reuters reported, citing sources. The potential for a second round follows a failed weekend summit, which led to Washington's subsequent decision to enforce a naval blockade on Iranian ports."We've lowered our world GDP growth forecast by 0.4 [percentage points] since the start of March to 2.4% because we expect a more prolonged disruption to shipping activity through the Strait of Hormuz. The fragile ceasefire seemingly reduces the risk of a far worse outcome. But even if a truce is maintained, it will take time for energy production and shipping traffic to return to normal levels," Oxford Economics said.Back at home, the International Monetary Fund trimmed its economic growth projections for Germany for 2026 and 2027, due to the ongoing Middle East conflict. In its April World Economic Outlook, the IMF said it now expects Germany's gross domestic product to increase 0.8% and 1.2% in 2026 and 2027, respectively, both figures down by 0.3 percentage point from the previous expectations."War in the Middle East has halted [global growth] momentum. The closing of the Strait of Hormuz and serious damage to critical facilities in a region central to global hydrocarbon supply raise the prospect of a major energy crisis should hostilities continue," the IMF said.Meanwhile, Germany's selling prices in wholesale trade were up 4.1% year over year in March, following a 1.2% jump a month ago. Destatis attributed the reading to the conflict in the Middle East, which pushed wholesale prices of energy products and raw materials higher.In corporate news, Deutsche Börse (DB1.F) committed $200 million for a 1.5% stake in Payward, the parent company of US-based cryptocurrency exchange Kraken. The capital injection reinforces an ongoing strategic partnership, further integrating both firms' infrastructure across trading, custody, settlement, and tokenized assets. The German stock exchange operator was off 0.39% at the end of the trading day.In an earnings preview, Deutsche Bank forecasts a "solid start" for Mercedes-Benz's (MBG.F) vans segment, while the cars unit is projected to "likely reach" the lower half of its full-year guidance during the first quarter. The German automotive group is due to release its first-quarter results on April 29. The stock closed 1.94% higher.

^DAX$DB1.F$MBG.F

Mining & Metals146d ago

BMO Reiterates K92 Mining's Outperform Rating, C$33.00 Price Target

BMO Capital Markets on Tuesday maintained its outperform rating on the shares of K92 Mining (KNT.TO) outperform rating and C$33.00 price target following the company's first-quarter production results.K92's first-quarter production of 46,743 gold-equivalent ounces at the Kainantu mine in Papua New Guinea beat BMO's estimate of 40,000 ounces.The beat was driven by positive grade reconciliation seen intermittently in 2024 and 2025 from the Judd vein, BMO said.BMO said it is encouraged by the progress in underground development meters in the first quarter and notable progress on deliverables to ramp up the phase-three expansion in the second half.Price: $26.54, Change: $+0.65, Percent Change: +2.51%

$KNT.TO

Wire146d ago

Goldman Sachs' Overall Trends Remain Solid, Oppenheimer Says

Goldman Sachs' (GS) Q1 financial results had some moving parts, but the overall trends remain solid with on-target earnings and pre-tax net in line with estimates, Oppenheimer said in a note Tuesday.The company's Q1 earnings of $17.55 per diluted share came in above Oppenheimer's $16.15 estimate and consensus of $16.47, according to the note.The investment firm said the most notable favorable deviation in Goldman Sachs' results was the surge in M&A advisory fees, and CEO David Solomon noted during the earnings call that M&A activity is expected to remain strong.Analysts said shares of the company are currently trading at a more than 25% premium to their historical average valuation, discounting a large rebound in M&A and investment banking revenue.Oppenheimer has a perform rating on the stock.Goldman Sachs shares were up 1.5% in Tuesday trading.Price: $904.23, Change: $+13.44, Percent Change: +1.51%

$GS

Asia Markets146d ago

European Stocks Rise in Tuesday Trading; IMF Lowers Euro Area Growth Forecasts Amid Middle East Conflict

The European stock markets were trending higher in Tuesday trading as investors vacillated back to optimism regarding a possible end to the Middle East war with a resumption of US-Iran peace talks.The Stoxx Europe was gaining 0.9%, Germany's DAX increased 1.3%, the FTSE 100 was edging 0.25% higher, France's CAC rose 1.1%, and the Swiss Market Index was up 0.9%.The International Monetary Fund cut its GDP growth forecast for the euro area to 1.1% in 2026 from 1.4% in 2025, which it attributed to global economic disruption caused by the outbreak of war in the Middle East.Spain is expected to see the biggest drop in growth, falling to 2.1% from 2.8% in 2025, while GDP growth in the UK is forecast to drop to 0.8% from 1.3%. Germany is the only European country expected to see GDP growth in 2026, with the IMF forecasting a rise to 0.8% from 0.2%. GDP growth in France and Italy are forecast to remain unchanged at 0.9% and 0.5% respectively.Novo Nordisk has received the Medicines and Healthcare products Regulatory Agency approval for a new single-dose 7.2 mg of Wegovy to treat adults with obesity, the UK regulator said Tuesday.The new dose is for patients who have a body mass index of at least 30 kg/m2, according to the MHRA. The new dose is administered through one injection.Shares of the Danish pharmaceutical company gained 3.3% in Copenhagen.BHP Group is set to have its restrictions lifted by China Mineral Resources Group, which has told several steel mills in the country that they are allowed to buy some BHP cargoes, multiple media outlets reported late Monday, citing unnamed sources familiar with the matter.Officials from China Mineral notified domestic steel mills that they can restart bidding for some BHP cargoes denominated in US dollars from April 14, Bloomberg reported.BHP declined' request for comment on commercial negotiations, while China Mineral Resources Group did not immediately respond.Shares of the mining company were up 1.4% in London.Shell is in late-stage discussions to sell its South African retail fuel network to Abu Dhabi National Oil, Bloomberg reported Tuesday, citing people with knowledge of the matter.The prospective $1 billion transaction includes 600 fueling locations and would secure a 10% regional market share for the buyer, the media outlet reported.A final agreement could be reached during the current quarter after earlier acquisition negotiations with Gunvor Group collapsed, according to the publication.Shell and Abu Dhabi National Oil did not immediately respond to' request for comment.Shares of Shell were falling 2.7% in London.Barclays' US Consumer Bank and FIS (FIS) said Tuesday they signed a multi-year extension of their core banking partnership agreement to support the bank's retail deposits growth ambitions.As part of the agreement, Barclays will deploy the FIS Profile service, a cloud-ready, high-performance core banking platform that manages deposits, accounts, and balances while delivering real-time, multi-currency processing, the companies said.Shares of the British lender were up 1.8% in London.

Mining & Metals146d ago

CIBC Confirms Outperformer Rating on Celestica and Raises Target to US$425 Ahead of Q1 Results

CIBC Capital Markets maintained its outperformer rating on the shares of Celestica (CLS.TO, CLS) and raised its price target to US$425 from US$360 ahead of its first-quarter financial results.The bank said it continues to view management's guidance and current FactSet consensus for Q1 and 2026 "as conservative," reflecting improved visibility into capital expenditure plans at key hyperscalers (GOOGL, META, AMZN) and OpenAI. It noted that results have exceeded consensus by an average of about 5% on revenue and about 10% on earnings per share since March 2022.It also noted that the 2025 results were about 20% higher than the initial outlook provided in October 2024. CIBC said recent announcements suggest this trend has continued and is pulling forward customer demand from 2027 into 2026, supporting its positive thesis.CIBC's updated price target is based on a blended valuation of 32x its 2027 EPS estimate and 24x its 2027 EBITDA estimate."We believe this change is supported by improved visibility and is broadly consistent with higher networking and EMS peer valuations," said analyst Todd Coupland. "We raised our target multiples for Celestica to reflect improved visibility to upward revisions in AI datacentre capex spending from significantly improved model performance."(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)Price: $532.84, Change: $+27.72, Percent Change: +5.49%

$CLS.TO

Wire146d ago

Tesla Shares Seen Fairly Balancing EV Demand Headwinds, AI Ambitions, UBS Says

Tesla's (TSLA) recent share-price pullback now better reflects softer electric-vehicle demand and the company's current spending cycle while still leaving room for its long-term ambitions in AI-driven cars and robots, UBS Securities said Tuesday in a report.UBS forecasts 1.6 million auto deliveries in 2026, down 1% from a year earlier, and expects deliveries to grow at a compound annual growth rate of 7% to about 2.1 million by 2030, below the 3 million consensus estimate.Tesla's robo-taxi service in Austin, Texas, which has expanded more slowly than expected, could begin adding more vehicles and riders later this year, and the company may be able to offer lower per-mile pricing than rivals, the report said.While CEO Elon Musk has said Optimus Gen3 production could start this summer with high-volume output in 2027, UBS expects the humanoid robot to take longer to ramp up and sees potential parts-supply challenges given the current reliance on China.Tesla shares continue to trade more on sentiment and momentum than fundamentals, the report said. UBS raised its rating on the stock to neutral from sell and maintained its $352 price target.Price: $365.78, Change: $+13.36, Percent Change: +3.79%

$TSLA

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Asia Markets146d ago