UBS has raised its price target for Microsoft, indicating further potential for the tech giant. The Swiss bank continues to recommend a 'Buy' rating, reflecting confidence in Microsoft's growth prospects. The original study was published on December 18, 2024.
UBS has raised its price target for Microsoft to $525 from $500, maintaining a Buy rating. The firm notes that Azure's growth may be back-end loaded, and while there are concerns about supply delays and capital expenditures, Microsoft remains well-positioned in the market.
UBS maintains a neutral recommendation on Barry Callebaut, with a target price of CHF 1,590, indicating a potential growth of 28%. The company expects stable volumes in a challenging market for 2024-25, alongside double-digit growth in recurring EBIT in local currencies, despite short-term pressures on volumes and cash flow.
UBS has reiterated its recommendation on Barry Callebaut stock, as reported by Cercle Finance. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has not influenced the analysis and holds no conflicts of interest regarding the investment recommendations provided. The information is intended for informational purposes only and does not carry contractual value.
Whales have accumulated 160 million ADA amid market fluctuations, with 687 transactions exceeding $1 million this week, indicating strong interest from large investors. Despite a balanced market sentiment, analysts are optimistic about ADA's potential rally, targeting price increases of 37% to 92% from its current price of $1.03. The growing demand is further highlighted by a significant net inflow of $21.25 million and strategic goals aimed at enhancing Cardano's decentralized governance.
Ethereum ETFs have seen a remarkable 16-day inflow streak, attracting $2.32 billion and bringing total assets under management to $14.28 billion, with Grayscale leading at $5.87 billion. As ETH hovers near the $4,000 mark, institutional interest remains strong, evidenced by a 2.93% control of circulating supply and significant exchange outflows indicating bullish sentiment. Despite recent market fluctuations, including a notable unstaking event, the trend suggests a focus on long-term value among institutional investors.
Lienhardt & Partner has expanded its private banking presence in Bern by hiring Prusho Ponniah, a former banker at Credit Suisse and J.P. Morgan. The bank, which operates as a hybrid of private banking and real estate, aims for organic growth in the region, leveraging Ponniah's extensive local network. CEO Duri Prader noted that the bank's revenues grew significantly in the first half of the year, reflecting a strong performance across all business areas.
UBS AG has reduced its price target for Givaudan shares from 4520 to 4380 Swiss francs while maintaining a "Neutral" rating. Analyst Charles Eden anticipates a 5% higher EBITDA for the second half of the year compared to consensus. As of 11:18 a.m., Givaudan shares fell 0.5% to CHF 4,039.00, indicating an upside potential of 8.44% based on the new target price, with a year-to-date increase of 17.9%. The company is set to release its Q4 2024 earnings on January 24, 2025.
Lightchain AI is emerging as a strong competitor in the blockchain space, integrating artificial intelligence with innovative features like the Proof of Intelligence consensus mechanism and the Artificial Intelligence Virtual Machine. Priced at $0.003 during its presale, it offers a compelling investment opportunity as it addresses scalability and privacy challenges that have hindered established platforms like Solana. With a clear roadmap and a focus on real-world applications, Lightchain AI is poised for significant growth in the evolving blockchain landscape.
Lienhardt & Partner has expanded its private banking presence in Bern by hiring Prusho Ponniah, a former banker at Credit Suisse and J.P. Morgan. The bank, which operates as a hybrid of private banking and real estate, aims for organic growth in the region, leveraging Ponniah's extensive local network. Under CEO Duri Prader, Lienhardt & Partner reported a nearly 40% increase in half-year profits, reflecting strong growth across all business areas.
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