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Elon Musk has accused Democratic donors, including George Soros and Reid Hoffman, of funding protests against Tesla, claiming that five groups linked to ActBlue are behind the demonstrations. Protests have surged at over 50 Tesla locations in the U.S. and internationally, with slogans criticizing Musk. An investigation into ActBlue has raised concerns about illegal donations, prompting policy updates to reject contributions from high-risk sources.
UBS and Morgan Stanley have downgraded Banco Comercial Português (BCP) due to valuation concerns and limited upside after a significant stock rally. UBS shifted its rating from "buy" to "neutral," while Morgan Stanley moved from "overweight" to "equal-weight," citing reduced visibility on capital returns and a lack of clear growth catalysts. Despite BCP's strong fundamentals, analysts foresee a period of consolidation with minimal room for further gains.
UBS has downgraded Banco Comercial Portugues from Buy to Neutral, setting a price target of EUR0.56. This decision follows a remarkable 300% stock increase since 2021, despite strong fundamentals like a projected return on tangible equity of 14-15% for 2023-2024 and a solid balance sheet. However, UBS notes that the current valuation does not present a compelling buy opportunity, with a price-to-earnings ratio of 9.5 times for 2026 estimates, higher than the sector average of 8 times, and a lack of near-term catalysts for positive earnings revisions.
UBS has downgraded Banco Comercial Portugues from Buy to Neutral, setting a target price of €0.56. This decision follows a 300% rise in the bank's share price since 2021, outpacing the sector average. Despite strong fundamentals, including a 14-15% expected return on tangible equity and a solid balance sheet, UBS sees no compelling buy opportunity at current valuations, especially as earnings per share consensus has slightly declined.
UBS has downgraded Banco Comercial Portugues from Buy to Neutral, setting a target price of €0.56. This decision follows a remarkable 300% rise in the bank's shares since late 2021, despite strong fundamentals, including a projected return on tangible equity of 14-15% for 2023-2024 and a solid balance sheet. However, UBS notes that the current valuation does not present a compelling buying opportunity, as the bank's earnings per share consensus has slightly declined, contrasting with peers' growth.
Morgan Stanley and UBS have downgraded their outlook on Banco Comercial Portugues (BCP) due to valuation concerns, following a significant rise in the stock's price. MS shifted from "overweight" to "equal weight," citing limited potential for capital distribution increases, while UBS moved from "buy" to "neutral," highlighting a lack of near-term catalysts. MS raised its price target to €0.58, while UBS maintained its target at €0.56.
Anti-Tesla protests are escalating across the U.S. and internationally, fueled by anger over Elon Musk's budget cuts linked to the DOGE initiative. Demonstrators aim to discourage Tesla purchases and criticize Musk's influence on federal spending, with events reported in cities like New York and Boston.Vandalism against Tesla vehicles has also been reported, including incidents involving swastikas and Molotov cocktails. Protesters express their discontent with the current government, calling for accountability and change.
European markets are showing resilience, with the STOXX Europe 600 Index achieving its longest weekly gain streak since August 2012. Investors are increasingly turning to dividend stocks to enhance their portfolios amid mixed economic signals, focusing on companies with strong dividend histories and financial health.Among notable options, NOS S.G.P.S. offers an 8.2% dividend yield, supported by a solid earnings growth and a manageable payout ratio, despite a volatile dividend history. ENGIE SA, with a market cap of €41.82 billion, operates across various energy sectors, contributing to its robust revenue streams.
Protests against Elon Musk erupted outside Tesla stores across the U.S., with demonstrators opposing his push to cut government spending under Trump. Over 50 protests occurred in cities like New York and Boston, with calls for boycotts and reports of vandalism against Tesla vehicles. Despite the backlash, Musk's wealth remains substantial, with Tesla's stock fluctuating amid the controversy.
Protests against Elon Musk and his companies, particularly Tesla, have erupted across the U.S. and in Europe, with over 50 demonstrations planned. Critics accuse Musk of undermining Congress's budget control, while incidents of vandalism, including antisemitic graffiti, have been reported at Tesla locations. In New York City, around 300 demonstrators gathered, leading to nine arrests amid a festive atmosphere.
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Elon Musk accuses Democratic donors of funding anti Tesla protests
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07:01 09.03.2025
analysts downgrade banco comercial portugues amid concerns over limited growth potential
13:22 03.03.2025
ubs downgrades banco comercial stock rating to neutral with target at 0.56 euro
11:14 03.03.2025
ubs downgrades banco comercial to neutral with target price of 0.56 euro
11:06 03.03.2025
ubs downgrades banco comercial to neutral with target price of 0.56 euro
11:06 03.03.2025
brokers downgrade bcp as valuation limits upside potential
11:03 03.03.2025
anti-tesla protests escalate amid backlash against elon musk's policies
10:22 03.03.2025
european dividend stocks to strengthen investment portfolios amid market resilience
06:01 03.03.2025
protests against elon musk erupt outside tesla stores across the us
02:13 02.03.2025
anti-doge protests target elon musk and tesla across multiple cities
01:01 02.03.2025
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