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neuchâtel socialists re-elected in historic election as left seeks majority
The Neuchâtel government remains left-leaning as socialists Frédéric Mairy and Florence Nater were re-elected in the first round of elections, achieving an absolute majority. The left's strategy to regain control of the State Council will depend on voter mobilization for the upcoming runoff, while the right also presents a joint list to defend its majority. Voter turnout was slightly lower than in the previous election.
Deutsche Bank raises Yara International price target amid strong earnings outlook
Deutsche Bank has raised its price target for Yara International ASA from NOK340 to NOK357 while maintaining a Hold rating, citing a 5% increase in Q1 EBITDA estimates to $545 million due to higher fertilizer prices and cost savings. The company has shown a 19.79% YTD return and has paid dividends for 21 consecutive years. Meanwhile, BNP Paribas Exane upgraded Yara's rating from Underperform to Neutral, increasing its price target to NOK305, influenced by improved agricultural fundamentals despite concerns over blue ammonia.
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