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BNP Paribas Downgrades Barclays to Neutral, Cuts PT

BNP Paribas on Tuesday downgraded Barclays (BARC.L) to neutral from outperform and lowered its price target to 4.85 pounds sterling from 5.45 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)

$BARC.L

Asia146d ago

BrainAurora Medical Technology's Chair Plans Shareholding Increase

BrainAurora Medical Technology (HKG:6681) said its chairman and controlling shareholder, Tan Zheng, plans to acquire additional shares in the company worth up to HK$80 million, according to a Tuesday Hong Kong bourse filing.The purchases will be made from the open market over six months directly or through entities controlled by Tan.Tan and parties acting in concert with him are currently interested in a little over 459.4 million, or 33.83%, shares in the digital diagnostics and therapies provider.

HKG:6681

Research146d ago

Pareto Securities Upgrades DNB Bank to Buy, Lifts PT

Pareto Securities on Tuesday upgraded Norwegian lender DNB Bank (DNB.OL) to buy from hold and increased its price target to 340.00 Norwegian kroner from 330.00 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)

$DNB.OL

Research146d ago

Kepler Cheuvreux Starts Dino Polska Coverage at Reduce

Kepler Cheuvreux on Tuesday initiated coverage of Polish grocery retailer Dino Polska (DNP.WA) with a reduce rating and a price target of 30 zlotys.(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)

$DNP.WA

Research146d ago

Morgan Stanley Downgrades Barratt Redrow to Equalweight, Cuts PT

Morgan Stanley on Tuesday downgraded UK homebuilder Barratt Redrow (BTRW.L) to equal weight from overweight and lowered its price target to 3 pounds sterling from 4.30 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)

$BTRW.L

Mining & Metals146d ago

Chemtrade Logistics Downgraded To Market Perform At Raymond James

Chemtrade Logistics Income Fund (CHE-UN.TO) was downgraded to Market Perform from Strong Buy at Raymond James, Tuesday.Analyst Steve Hansen lowered his price target on shares of the Canadian industrial chemicals and services company to $15 from $21."Last night we attended a District of North Vancouver (DNV) council meeting where we expected to observe the second and third readings of Rezoning Bylaw 8778, key steps toward advancing the rezoning and lease extension (to Dec-31-44) of Chemtrade's Electrochem (EC) facility," Hansen said in a note to clients."...Advancing this bylaw has long been viewed as the critical gating item to securing a long-term lease and mitigating operational constraints beginning Jun-30-30 that would otherwise force the plant shutdown," the analyst said."Instead, we observed a council that ignored the risk assessments solicited, dismissed senior government support (Federal/Provincial), sided with NIMBYISM, and ultimately suspended further readings of the bylaw (vote: 4-3) - thus squashing any near-term visibility on an extension," Hansen said."While an alternative path may still emerge, including higher-level government involvement/pressure, we struggle to assign a timeline/probability to such an outcome."(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)

$CHE-UN.TO

Research146d ago

Citi Upgrades Temenos to Buy Rating, Boosts PT

Citi on Tuesday upgraded banking software company Temenos (TEMN.SW) to buy from neutral and raised the price target to 90.00 francs from 70.00 francs.(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)

$TEMN.SW

Research146d ago

Morningstar Kicks off Aena Coverage with Hold Rating

Morningstar on Monday initiated coverage of Spanish airport and heliport manager Aena (AENA.MC) with a hold rating and a price target of 27 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)

$AENA.MC

Research146d ago

BNP Paribas Downgrades HSBC to Neutral Rating, Trims PT

BNP Paribas on Tuesday downgraded HSBC Holdings (HSBA.L) to neutral from outperform and lowered its price target to 14.5 pounds sterling from 15 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)

$HSBA.L

International146d ago

March US PPI Rises 0.5% Vs. Expected 1.1% Increase, Prior 0.5% Gain

Research146d ago

Barclays Upgrades Michelin to Equalweight Rating, Boosts PT

Barclays on Tuesday upgraded French tire manufacturer Michelin (ML.PA) to equal weight from underweight and increased its price target to 30 euros from 25 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)

$ML.PA

Research146d ago

Citi Downgrades Elia to Neutral Rating, Boosts PT

Citigroup on Tuesday lowered Belgian transmission system operator Elia Group (ELI.BR) to neutral from buy and raised the price target to 141.00 euros from 118.00 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)

$ELI.BR

Research146d ago

BNP Paribas Initiates MTU Aero Engines at Outperform

BNP Paribas on Monday initiated its coverage of German aircraft engine manufacturer MTU Aero Engines (MTX.F) with an outperform rating and a price target of 410 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)

$MTX.F

Research146d ago

Research Alert: Kmx: Adjusted Eps Well Ahead Of Consensus; New Ceo's Commentary Encouraging

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CarMax, Inc. (KMX) posted Feb-Q adjusted EPS of $0.34 vs. $0.64 (-47%), well ahead of the $0.21 consensus. Adjusted EPS excluded $1.19/sh of net goodwill and restructuring charges, as reported EPS came in at -$0.85 vs. $0.58 in the year-ago quarter. The beat was due to a stronger-than-expected top line, as net sales fell 1.0% to $5.95B ($220M above consensus) and the gross margin contracted 90 bps to 10.2% (20 bps shy of consensus). Sales volumes were mixed, while pricing was weaker. While KMX's new CEO, Keith Barr, was appointed following the end of the quarter, we found his comments encouraging as he attempts to right the ship. Despite the beat, KMX shares are currently trading 5% lower in pre-market trading. We think the reaction reflects profit taking, as KMX shares had quietly posted a rebound of nearly 60% from the early November lows. We were encouraged by the quarter, as KMX's top and bottom lines exceeded expectations by a wide margin, although one-time items once again weighed on headline EPS.

$KMX

Research146d ago

JP Morgan Cuts Jahez International's PT, Keeps at Underweight

JP Morgan on Monday lowered the price target for lifestyle technology platform operator Jahez International Co. for Information Systems Technology (SASE:6017) to 11.00 Saudi riyals from 16.00 riyals and affirmed its underweight 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:6017

Research146d ago

Barclays Upgrades Continental to Overweight, Lifts PT

Barclays on Tuesday upgraded German automotive parts maker Continental AG (CON.F) to overweight from an equal weight rating and increased its price target to 72 euros from 70 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)

$CON.F

Research146d ago

AlphaMena Lowers Seera Group PT, Keeps Add Rating

AlphaMena on Monday reduced its price target for travel agencies operator Seera Group (SASE:1810) to 25.50 Saudi riyals from 28.90 riyals, with an unchanged add 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:1810

Research146d ago

Morningstar Begins Flughafen Zürich's Coverage at Buy

Morningstar on Monday started its coverage of Zurich Airport operator Flughafen Zürich (FHZN.SW) with a buy rating and a price target of 280.00 francs.(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)

$FHZN.SW

Research146d ago

Citi Downgrades Nexi to Neutral Rating, Cuts PT

Citi on Tuesday downgraded payment technology company Nexi (NEXI.MI) to neutral from buy and decreased its price target to 3.40 euros from 5 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)

$NEXI.MI

Mining & Metals146d ago

Avanti Helium Makes Initial Installment Payment To Relocate Plant To Montana

Avanti Helium (AVN.V) said Tuesday it has advanced the initial installment payment required to commence the relocation of its helium processing facility to the Sweetgrass helium project in Montana.The payment formally initiates the next phase of development, allowing plant optimization work, disassembly, logistics coordination, and mobilization activities to begin immediately, Avanti said.The company said it continues to target first helium production by mid-2026.Avanti expects Sweetgrass to become one of the few new U.S. domestic helium production facilities, amid tight global helium markets.The company's share price rose 5.5% on Monday to $0.58 on the TSX Venture Exchange.

$AVN.V

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