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VTEX (NYSE:VTEX) saw its price target reduced from $12.50 to $11.00 by UBS Group, maintaining a "buy" rating, suggesting an 89.66% upside potential. Citigroup initiated coverage with a "neutral" rating and a $6.70 target. The stock is currently trading at $5.80, with a consensus rating of "Moderate Buy" and a target price of $9.62.
VTEX (NYSE:VTEX) has received a price target reduction from UBS Group, now set at $11.00, indicating a potential upside of 89.66%. The stock currently holds a "Moderate Buy" rating, with a consensus target price of $9.62, despite a recent trading dip to $5.80. Institutional investors have been active, with significant new stakes acquired in the third quarter.
Palantir Technologies has seen significant insider selling, with 35.6 million shares sold valued at $1.87 billion over the past ninety days, while insiders now hold 12.93% of the stock. Institutional investors have increased their stakes, with State Street Corp boosting its position by 96.4%. Analysts have mixed ratings on the stock, with an average target price of $41.00, while UBS Group initiated coverage with a "neutral" rating and an $80.00 price target, indicating potential upside.
Aargau lawyer Albert Rüetschi is demanding accountability from the state government over the decision to transfer AHV assets from UBS to the US firm State Street, arguing it jeopardizes Swiss independence and safety. He insists that the management of pension assets must return to Swiss institutions by January 2025, proposing taxpayer-dominated cantonal banks as custodians. Rüetschi threatens the dismissal of Compenswiss's Board of Directors for what he deems irresponsible behavior regarding the management of Swiss pension funds.
Albert Rüetschi, a lawyer from Aargau, is pressuring the Swiss government to reverse the decision that transferred AHV assets from UBS to the US-based State Street, arguing it jeopardizes the safety of Swiss pension funds. He demands that the management of these assets return to a Swiss institution by January 2025, suggesting taxpayer-dominated cantonal banks as custodians instead. Compenswiss defends its choice, claiming the risk of US authorities freezing assets is low and that the savings from the switch are significant.
Corporate insiders hold 0.88% of Webster Financial's stock, while institutional investors own 85.58%. Dimensional Fund Advisors LP and Point72 Asset Management significantly increased their stakes, with the latter boosting its position by 64.9%. Analysts have a "Moderate Buy" rating on the stock, with a consensus price target of $59.00, despite a recent earnings miss. Insiders have sold a total of 37,250 shares worth over $2 million in the last 90 days.
Vanguard's 2025 outlook highlights a cautious stance on US equities compared to bonds, forecasting 2.1% GDP growth for the US versus 0.5% for the eurozone. The US economy's resilience is attributed to supply-side factors, while the eurozone is expected to implement sharper interest rate cuts, maintaining a "sound money" era. Despite strong fundamentals, US equity valuations raise concerns of potential overvaluation, contrasting with more attractive valuations in international markets.
Microsoft shareholders are set to vote on a Bitcoin investment proposal, with prediction markets indicating only an 11% chance of approval. The board recommends against the proposal, citing concerns over Bitcoin's volatility, despite some institutional investors supporting it. If approved, a 1% allocation would position Microsoft as the 10th largest public company holding Bitcoin.
Amazon shareholders are advocating for the company to allocate at least 5% of its assets to Bitcoin, citing its strong performance compared to traditional assets like corporate bonds. The proposal, submitted by the National Center for Public Policy Research, suggests that Bitcoin could serve as a hedge against inflation and enhance asset diversification. Amazon's board will review the proposal for potential inclusion in the proxy statement for the annual shareholders meeting scheduled for April 2025.
Chainlink has made significant strides in bridging Traditional Finance (TradFi) and Decentralized Finance (DeFi), with co-founder Sergey Nazarov highlighting its evolution and partnerships that enable seamless, secure transactions across multiple chains. The platform has facilitated over $17 trillion in value and recently launched a pilot program with the Depository Trust and Clearing Corporation (DTCC) to standardize net asset value data across blockchains. Analysts predict LINK could soar to between $200 and $800, requiring substantial growth from its current trading price of $24.9.
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vtex stock faces price target cut amid mixed analyst ratings
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