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Morgan Stanley reduced its target price on Westlake from $130 to $122, maintaining an "equal weight" rating, while JPMorgan Chase lowered its target from $135 to $110, upgrading to "neutral." Wells Fargo cut its target from $160 to $130 with an "overweight" rating, and Truist Financial adjusted its price objective from $168 to $166, keeping a "buy" rating. Analysts show a consensus rating of "Moderate Buy" with an average target price of $140.07, while Westlake recently reported earnings of $0.06 per share, missing estimates. The company declared a quarterly dividend of $0.525, with a yield of 1.95%.
Money market funds are low-risk investments that offer higher interest rates than savings accounts, investing in short-term securities and allowing penalty-free withdrawals. High-yield savings accounts and Treasury bill ETFs are recommended for baby boomers looking to secure their assets amid market volatility. Notably, Warren Buffett has shifted to cash and short-term Treasury bills, indicating a cautious approach to current market conditions.
MarketBeat highlights five stocks recommended by top analysts as better buys than ConocoPhillips, which currently holds a "Buy" rating. Recent institutional trading shows significant increases in holdings by major investors, with 82.36% of the stock owned by institutions. ConocoPhillips operates in various global markets, focusing on crude oil, natural gas, and LNG.
UBS is advancing blockchain innovation by testing its Key4 Gold service on the zkSync layer-2 network, allowing Swiss clients to invest fractionally in gold with real-time pricing and secure storage. The initiative reflects a trend among traditional banks exploring blockchain technology for enhanced efficiency and security. As UBS integrates distributed ledger technology into its offerings, it joins other major financial institutions in adopting decentralized solutions to stay competitive in the evolving financial landscape.
UBS is advancing its blockchain initiatives by testing the UBS Key4 Gold on Ethereum's layer-2 network, zkSync, allowing Swiss clients to invest fractionally in gold with real-time pricing and secure storage. This move reflects a broader trend among traditional banks, including JPMorgan and Deutsche Bank, exploring blockchain for enhanced efficiency and scalability in financial services. The successful proof-of-concept indicates UBS's commitment to integrating zero-knowledge proofs for improved transaction privacy, signaling a potential shift towards blockchain-powered banking solutions.
Assetmark Inc. now holds 9,813 shares of Houlihan Lokey, valued at $1,551,000, after acquiring 9,433 shares last quarter. The company, which specializes in investment banking services, has a consensus rating of "Hold" with a price target averaging $189.40, while UBS Group recently raised its target to $230. Despite a "Reduce" rating from analysts, institutional ownership stands at 78.07%.
JPMorgan Chase & Co. increased its stake in Fair Isaac, owning 673,242 shares valued at $1.31 billion, while Geode Capital Management and International Assets Investment Management also raised their positions significantly. Fair Isaac, which specializes in analytic and decisioning technologies, has a "Moderate Buy" rating with a consensus price target of $2,087.77, despite recent price target adjustments by various analysts. Insider selling has occurred, with significant transactions reported, and institutional investors hold 85.75% of the stock.
Insiders have sold over 23 million shares of EVgo, totaling approximately $116 million, while hedge funds have increased their stakes, with State Street Corp growing its position by 25.3%. Analysts have mixed ratings on the stock, with a consensus target price of $6.22, despite a recent price target reduction by UBS Group to $5.00. EVgo reported a quarterly revenue increase of 92.3% year-over-year, but missed EPS estimates, reflecting ongoing challenges in the market.
State Street Co. (NYSE: STT) reported a quarterly EPS of $2.60, surpassing estimates, with revenue of $3.41 billion, a 12.1% year-over-year increase. The firm has a market cap of $29.05 billion, a P/E ratio of 12.03, and a dividend yield of 3.07%. Institutional investors hold 87.44% of the stock, with recent analyst ratings reflecting a consensus "Hold" and an average target price of $100.73.
Equity Residential, a member of the S&P 500, focuses on acquiring and managing residential properties in major U.S. cities, owning 305 properties with 80,683 apartment units. Institutional investors hold 92.68% of its stock, and recent analyst ratings show a consensus "Hold" with a price target averaging $78.47. The stock has seen price target adjustments from various firms, with Barclays recently lowering it to $79.00, indicating a potential upside of 15.82%.
State Street Corporation
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
westlake stock ratings and target price adjustments by major analysts
Jacobs Levy Equity Management Inc.
State Street Corporation
Morgan Stanley
Charles Schwab Investment Management Inc.
UBS Asset Management (Americas) LLC
Truist Financial Corp
JPMorgan Chase & Co.
Geode Capital Management LLC
Wells Fargo & Company
TWN
DEU
FRA
MEX
ITA
BRA
USA
CHN
CAN
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08:22 18.03.2025
safe investment options for baby boomers in uncertain markets
United States Dollar
BlackRock, Inc.
AMERICAN EXPRESS
State Street Corporation
Berkshire Hathaway Inc.
PNC BANK, NATIONAL ASSOCIATION and Thomas B. Hagen, as Co-Trustees under the Trust Agreement entered into by Susan H. Hagen a.s. Grantor, dated March 28, 1990
CITIC BANK
Warren Buffett
Paul Morigi
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20:17 17.03.2025
top analysts recommend five stocks over conocoPhillips for investment opportunities
United States Dollar
Fisher Asset Management LLC
ConocoPhillips
Wellington Management Group LLP
State Street Corporation
Geode Capital Management LLC
NOR
AUS
USA
GBR
CAN
CHN
LBY
MYS
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19:02 12.02.2025
ubs tests blockchain technology for gold investment on zkSync network
JPMorgan Chase & Co.
Citizens, Inc.
State Street Corporation
Deutsche Bank RV Global PP
CHE
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05:40 01.02.2025
ubs explores blockchain with ethereum layer two network for gold investment
JPMorgan Chase & Co.
Citizens, Inc.
State Street Corporation
Deutsche Bank RV Global PP
CHE
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22:05 31.01.2025
houlihan lokey stock sees mixed analyst ratings and institutional investment growth
United States Dollar
JPMorgan Chase & Co.
UBS Group AG
Wells Fargo & Company
KEEFE, BRUYETTE and WOODS Inc.
Morgan Stanley
State Street Corporation
Houlihan Lokey, Inc.
Barclays PLC
USA
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16:17 30.01.2025
fair isaac sees significant institutional investment and fluctuating analyst ratings
JPMorgan Chase & Co.
UBS Group AG
Wells Fargo & Company
Principal Financial Group Inc
Royal Bank of Canada
Oppenheimer Holdings Inc.
State Street Corporation
Robert W. Baird & Co. Inc.
Geode Capital Management LLC
Barclays PLC
USA
Marc F. McMorris
Steven P. Weber
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08:43 28.01.2025
insider sales and hedge fund activity impact evgo stock performance
EVgo, Inc.
UBS Group AG
Marshall Wace LLP
Royal Bank of Canada
Verition Fund Management LLC
Needham & Company LLC
State Street Corporation
Cantor Fitzgerald Income Trust, Inc. Class I
Geode Capital Management LLC
USA
Badar Khan
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17:43 27.01.2025
state street reports strong earnings and announces quarterly dividend increase
12:23 25.01.2025
equity residential faces price target cuts amid mixed analyst ratings
Equity Residential
Principal Financial Group Inc
Royal Bank of Canada
Scotiabank Chile S.A.
FMR LLC
Mizuho Medy Co.,Ltd.
UBS Asset Management (Americas) LLC
State Street Corporation
Geode Capital Management LLC
Barclays PLC
USA
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14:07 24.01.2025
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