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ubs upgrades ryanair to buy with target price of 23.15 euros

UBS has upgraded Ryanair from "Neutral" to "Buy," increasing its target price from 17.25 to 23.15 euros. Analyst Jarrod Castle noted positive prospects for the low-cost airline regarding earnings and costs, suggesting a turning point for ticket prices has likely been reached.
10:07 11.11.2024

ubs upgrades ryanair to buy with target price of 23.15 euros

UBS has upgraded Ryanair from "Neutral" to "Buy," increasing its target price from 17.25 to 23.15 euros. Analyst Jarrod Castle noted positive prospects for the low-cost airline regarding earnings and costs, suggesting a turning point for ticket prices has likely been reached.
08:08 11.11.2024

ubs upgrades ryanair to buy raises price target to 23.15 euros

UBS has upgraded Ryanair from "Neutral" to "Buy," increasing its price target from €17.25 to €23.15. Analyst Jarrod Castle noted positive prospects for the low-cost airline regarding earnings and costs, suggesting that ticket prices have likely reached a turning point. As of the latest trading, Ryanair's stock is showing gains across various exchanges, with prices around €19.05 in Tradegate, reflecting a 2.14% increase.
07:17 11.11.2024

european industrial production diverges as germany struggles and poland thrives

Germany has seen a significant decline in manufacturing output since 2019, losing over 9%, while countries like Poland and Greece experience industrial growth, with Poland's output rising by 23%. High energy costs and competition from China are major factors in this disparity, alongside limited fiscal stimulus in Western Europe. The Industrial Stress Index indicates a worsening outlook for European industry, exacerbated by high interest rates and investment rationing.

flutter entertainment receives buy rating from ubs amid strong betting performance

Flutter Entertainment plc, a leading provider of sports and non-sports betting in Ireland, has received a buy rating from UBS. The company's net turnover is primarily derived from sports betting management (55.8%) and non-sports betting management (39.2%), with geographical distribution showing significant revenue from the United States (37.2%) and the UK (23.2%).
19:26 08.11.2024

flutter entertainment reports strong performance in global betting markets

Flutter Entertainment plc is a leading operator in the sports and non-sports pari-mutuel betting market in Ireland. Its sales are primarily derived from sports betting (55.8%), non-sports betting (39.2%), and other activities (5%), with significant revenue coming from the United States (37.2%) and the United Kingdom (23.2%).
19:26 08.11.2024

flutter entertainment receives buy rating from ubs amid strong betting performance

Flutter Entertainment plc, a leading provider of sports and non-sports betting in Ireland, has received a buy rating from UBS. The company's net turnover is primarily derived from sports betting management (55.8%) and non-sports betting management (39.2%), with geographical distribution showing significant revenue from the United States (37.2%) and the UK (23.2%).
19:26 08.11.2024

Under Armour receives positive outlook from UBS amid global expansion efforts

Under Armour, Inc. specializes in developing, marketing, and distributing branded sportswear, footwear, and accessories for men, women, and youth. The company operates across four regions: North America, EMEA, Asia-Pacific, and Latin America, utilizing various sales channels including wholesale, direct-to-consumer, and e-commerce platforms. In the EMEA region, sales are primarily through independent wholesalers and distributors, while in Asia-Pacific, partnerships with local distributors and e-commerce are key to market presence.
18:02 08.11.2024

ECB official advocates cautious approach to interest rate cuts

European Central Bank Governing Council member Gabriel Makhlouf emphasized the need for a cautious approach regarding interest-rate cuts. In a recent speech, he stated that officials should carefully assess conditions and not rush, as the finish line is in sight, advocating for prudence in monetary policy decisions.

temu faces eu investigation for misleading sales practices and consumer protection violations

Temu is facing a second investigation by the European Union for allegedly misleading sales practices, risking fines for violating consumer-protection laws. The European Commission, along with regulators from Belgium, Germany, and Ireland, has demanded the platform cease practices that could mislead consumers and breach EU product safety regulations.
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