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vontier stock forecast lowered by barclays amid mixed analyst ratings
Vontier Corporation operates through three segments: Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions, providing various digital equipment solutions for the mobility ecosystem. Analysts have mixed ratings on Vontier, with a current average rating of "Moderate Buy" and a target price of $44.50, while Barclays recently lowered its target price to $45.00. The company's stock opened at $34.61, with a market capitalization of $5.15 billion and a reported EPS of $0.80 for the last quarter, exceeding expectations.
ubs nominates renata jung brungger and lila tretikov for board positions
UBS will propose Renata Jungo Brüngger and Lila Tretikov for election to its Board of Directors at the Annual General Meeting on April 10, 2025, succeeding Claudia Böckstiegel and Nathalie Rachou, who are not seeking re-election. Jungo Brüngger, an expert in law and sustainability, currently serves on the Board of Mercedes-Benz Group, while Tretikov specializes in artificial intelligence and technology transformation, leading AI strategy at New Enterprise Associates.
us inflation rises slightly as markets pause for thanksgiving celebrations
U.S. inflation rose slightly in October, with the personal consumption expenditures price index increasing by 0.2% month-over-month and 2.3% year-over-year. Despite a dip in U.S. stock markets, investors remain optimistic, with many stocks above their 200-day moving average, indicating a solid market trend. Meanwhile, South Korea unexpectedly cut interest rates amid disappointing economic growth, and forecasts suggest the offshore yuan may hit a record low against the dollar by 2025.
us inflation rises slightly as markets pause after recent rally
U.S. inflation rose slightly in October, with the personal consumption expenditures price index increasing by 0.2% month-over-month and 2.3% year-over-year, while core inflation hit 2.8%. Despite a dip in U.S. stock markets, investors remain optimistic, with many betting on a potential rate cut by the Federal Reserve in December. The market shows resilience, as over three-quarters of S&P stocks are above their 200-day moving average, indicating a solid upward trend.
Most PMs with Russian assets wrote down their investments post-Ukraine invasion, while emerging market credit funds like Sandglass Capital thrived, posting a 24% gain in early 2024. Despite challenges, managers emphasize risk management and local insights as keys to consistent performance in volatile markets.
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