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UBS has raised its price target for Axsome Therapeutics to $133 from $105, maintaining a Buy rating, driven by strong revenue growth and positive prospects for its Alzheimer's Disease Agitation treatment. The company, valued at $6.42 billion, is navigating a promising regulatory pathway, with several analysts adjusting their targets following a patent settlement with Teva Pharmaceuticals regarding AUVELITY. This settlement enhances Axsome's commercial outlook, with targets from other firms ranging from $167 to $195.
UBS has raised its price target for Tempur Sealy International Inc. to $78, maintaining a Buy rating, citing strong stock momentum and strategic initiatives that could enhance earnings. The company is focused on refining retail operations at Mattress Firm and is expected to exceed synergy targets post-acquisition, with analysts projecting significant growth in earnings per share. Recent financial results show a 2% increase in net sales to $1.3 billion and a 14% rise in GAAP EPS to $0.73 in Q3 2024, indicating robust performance.
Barclays has raised its price target for Apple Inc. to $197 from $183 while maintaining an Underweight rating, citing strong Services and Mac sales that offset weaker iPhone revenue. Despite solid financial health, concerns linger over the Chinese market and regulatory challenges. Other analysts have varied perspectives, with price targets ranging from $225 to $290, reflecting differing views on Apple's future performance and market dynamics.
UBS analyst Tim Chiodo raised SoFi Technologies' price target to $14 from $10.50 while maintaining a Neutral rating, following the company's optimistic fiscal 2025 revenue outlook of $3.2 to $3.275 billion, reflecting 23-26% growth. Despite strong recent performance, SoFi's adjusted EBITDA guidance for 2025 is below market expectations, leading to mixed analyst ratings, with Needham setting a target of $20 and Goldman Sachs at $9.50. Additionally, CEO Anthony Noto has entered a prepaid variable forward contract on company stock, receiving $22.4 million upfront.
UBS analyst Taylor McGinnis raised HubSpot's price target to $740, maintaining a Neutral rating, citing strong demand trends and a robust fourth quarter performance. Despite a 21.78% revenue growth and a high gross profit margin, concerns about overvaluation persist, with projections for 2025 revenue growth revised down to 13%. Other analysts have also increased their targets, reflecting confidence in HubSpot's strategic direction and recent acquisitions, while the company prepares for leadership changes.
Lithuania has issued 2 billion euros in a dual-tranche bond transaction, consisting of 1 billion euros in January 2030 bonds and 1 billion euros in January 2040 bonds. The 2030 bonds, with a 2.875% coupon, were priced at 99.542, yielding 2.975%, while the 2040 bonds, offering a 3.625% coupon, were priced at 98.283, yielding 3.777%. The joint lead managers for the issue were BNP Paribas, BofA Securities, and J.P. Morgan.
Lithuania successfully issued 2 billion euros in a dual-tranche bond transaction, consisting of 1 billion euros in new January 2030 bonds and 1 billion euros in new January 2040 bonds. The 2030 bonds saw demand of 2.3 billion euros, with a spread of 60 basis points above mid-swaps, while the 2040 bonds attracted 2.7 billion euros, with a spread of 125 basis points. Joint lead managers for the issue included BNP Paribas, BofA Securities, and J.P. Morgan.
South Korean President Yoon Suk-yeol survived an impeachment motion after his ruling party boycotted the vote, which was triggered by his recent attempt to impose martial law. The opposition plans to revisit the measure, while Yoon has pledged not to attempt martial law again, apologizing for the incident. Amid political turmoil, South Korea's financial markets remain volatile, with warnings of potential impacts on the Korean won.
UBS has downgraded XPeng shares to Sell, citing potential risks not reflected in the stock's current price after a 50% rally. Despite raising 2025 volume projections by 19% to 300,000 units, UBS's price target of $8.80 remains over 30% below the current market price, reflecting concerns over weak profit margins and high volatility. Other analysts have mixed views, with Goldman Sachs downgrading to Neutral but raising the price target to $12.50, while CMB International upgraded to Buy, highlighting cost reductions and new models.
Occidental Petroleum shares have shown a mixed performance recently, with a price target cut by UBS from USD 59 to USD 58 while BMO Capital raised its target from USD 60 to USD 65. The stock rose by 1.68% to EUR 48.19 on November 18, reflecting growing investor confidence following strong Q3 results. Despite a 16.62% annual decline, the share price remains 6.50% above its 52-week low.
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ubs raises axsome therapeutics price target amid positive outlook for ada treatment
Axsome Therapeutics, Inc.
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Mizuho Medy Co.,Ltd.
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17:25 11.02.2025
ubs raises tempur sealy stock target to seventy eight dollars
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16:41 03.02.2025
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08:05 31.01.2025
ubs raises sofi technologies price target amid strong growth outlook
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17:25 28.01.2025
ubs raises hubspot price target amid strong growth and market optimism
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19:10 23.01.2025
lithuania raises 2 billion euros through dual-tranche bond issuance
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16:55 21.01.2025
lithuania raises 2 billion euros through dual-tranche bond issuance
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13:44 21.01.2025
South Korean President Yoon Survives Impeachment Motion Amid Martial Law Controversy
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13:42 07.12.2024
UBS Downgrades XPeng Shares to Sell Amid Rising Competition and Risks
10:51 06.12.2024
ccidental petroleum shares see mixed analyst ratings and price target adjustments
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14:10 19.11.2024
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