{
}
UBS has reduced its price target for Puma SE from €48.50 to €43.50 while maintaining a "Neutral" rating. Analyst Robert Krankowski noted that Puma is currently facing challenges in achieving its profitability targets for 2025, as recent favorable conditions have shifted to headwinds.
UBS has maintained a "Neutral" rating for Apple, setting a price target of $236. Analyst David Vogt noted moderate demand for iPhones, with longer wait times for higher-priced models, while basic versions are readily available.
UBS has reduced its price target for L'Oréal from 440 to 415 euros while maintaining a "Neutral" rating. Analyst Guillaume Delmas anticipates a weak third quarter for the cosmetics group, following disappointing sales figures from luxury goods giant LVMH.
Big banks reported third-quarter profits exceeding analyst expectations, with Goldman Sachs' profit soaring 45% to $3 billion, while Bank of America and Citigroup saw smaller declines of 12% and 9%, respectively. Strong performances in trading and investment banking bolstered their results, reflecting confidence in the robust economy and stock market. Consequently, shares of these banks surged, with Goldman Sachs leading the year with a 38% gain.
UBS has maintained a "Buy" rating for MTU Aero Engines, setting a target price of 320 euros following a positive forecast adjustment and strong third-quarter results. Analyst Kseniia Maslova noted that the company surpassed market expectations in both new and spare parts sales, as well as in commercial maintenance.
UBS has maintained a "Neutral" rating for L'Oréal with a target price of 440 euros. Analyst Guillaume Delmas highlighted concerns in the cosmetics sector, noting that Coty's sales outlook for the first quarter fell short of expectations, particularly due to weakened growth in the US market.
Warren Buffet
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
UBS lowers Puma price target amid profitability concerns and maintains neutral rating
08:40 17.10.2024
UBS maintains neutral rating on Apple with price target of 236 dollars
United States Dollar
Apple Inc.
UBS SA
USA
Hubert Dichtl
David Vogt
Thomas Müller
Warren Buffet
Show more
13:10 16.10.2024
UBS lowers L'Oreal price target amid expectations of weak third quarter
22:30 15.10.2024
big banks report stronger than expected profits boosting market confidence
United States Dollar
The Goldman Sachs Group, Inc.
Bank of America Corporation
Citigroup Inc.
USA
Berkshire Hathaway
Warren Buffet
Oracle
Show more
17:43 15.10.2024
UBS maintains buy rating for MTU Aero Engines with target price of 320 euros
15:48 15.10.2024
UBS maintains neutral rating for L'Oreal with target price of 440 euros
Euro
L'Oréal SA
Coty Inc.
UBS SA
FRA
Hubert Dichtl
Thomas Müller
Warren Buffet
Guillaume Delmas
Show more
12:06 15.10.2024
Trending
Subcategory
Startups & Entrepreneurship
Corporate News
Industry Trends
Supply Chain Management
Retail and Consumer Goods
Global Trade Developments
Stock Market Updates
Private Equity Deals
Industry Mergers & Acquisitions
AI Applications
AI Innovations
Funding Rounds & Investments
Fintech Startups
Global Financial Events
Energy Sector Developments
Government Economic Policies
CEO Changes
Emerging Startups
Corporate Social Responsibility
Commodities
Countries:
Companies:
Apple Inc.
Google Inc.
Amazon.com, Inc.
OpenAI ERC USD
Tesmec S.p.A.
Tesla, Inc.
Microsoft Corporation
Wise plc
Mastercard Inc
Walmart Inc.
Mistral 1
Foxconn Technology Co., Ltd.
Nippon Steel Corp
Hollywood Bowl Group PLC
NASDAQ Composite
CCTV 50 CSR
Medtronic plc
Johnson & Johnson
GE HealthCare Technologies Inc.
McDonald's Corporation
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
British Pound Sterling
United Arab Emirates Dirham
Japanese Yen
New Zealand Dollar
Thai Baht
Vietnamese Đồng
Australian Dollar
Singapore Dollar
Saudi Riyal
Omani Rial
Bahraini Dinar
Qatari Riyal
Algerian Dinar
People: