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equity markets rebound as key political talks and fed decision approach
Equity markets are experiencing a rebound, driven by renewed optimism and a notable quiet from Donald Trump regarding tariffs. European indices are outperforming Wall Street as investors await a significant telephone exchange between the White House and the Kremlin, along with the Fed's comments ahead of its key rate decision.
analysts update recommendations and price targets for key european companies
Analysts have made several notable recommendations, including Kempen maintaining a Buy on Abivax but lowering the price target to USD 18. RBC Capital upgraded Anglo American to Sector Perform with a target of GBX 2310, while JP Morgan raised ArgenX's target to USD 805. Bernstein upgraded Veolia to Outperform with a target of EUR 38, and maintained Outperform for Dassault Aviation with a new target of EUR 305. Other adjustments include Eiffage's target raised to EUR 158.90 and UBS Group's target reduced to USD 35.
rubis explores sale options as shares decline significantly
French fuel distributor Rubis SCA is considering a potential sale as its shares have fallen over 50% in the past six years. The Paris-listed company is consulting with advisers and has approached potential buyers to assess interest, although no decision has been made yet.
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