{
}
UBS has reaffirmed its 'buy' rating on Eiffage, maintaining a target price of 144 euros, which suggests a 59% upside potential for the French construction and transport infrastructure group. The broker anticipates a strong operating performance for Eiffage by the end of 2024, highlighting the attractiveness of the current share price ahead of the annual results announcement on February 26.
Huawei's Mate XT Ultimate, the first tri-foldable smartphone, has launched internationally with a starting price of €3,499 in Malaysia. While availability in other countries remains unspecified, reports suggest it may reach the Philippines in March. The device is aimed at a wealthy audience, likely limiting its sales volume.
Neue Bank in Vaduz has appointed Branko Racić as Head EAM International to enhance its growth strategy. With extensive experience from Vontobel and a strong background in the financial sector, Racić will focus on driving international expansion alongside Mathias Bürzle. The bank, which manages 6.8 billion francs in assets, aims to strengthen its position among independent asset managers in Switzerland and Liechtenstein.
Nike, Inc. receives a Neutral rating from UBS, specializing in the design, manufacturing, and marketing of sports footwear, clothing, and equipment. The company’s net sales are primarily derived from footwear (68.6%), clothing (27%), and sports equipment (4.1%), with a global presence of 1,045 stores and significant sales in North America (41.6%) and Europe/Middle East/Africa (26.5%).
Saudi Arabia’s National Unified Procurement Co. (NUPCO) has secured SR2.5 billion ($667 million) in financing to enhance its healthcare supply chain, partnering with Banque Saudi Fransi, Abu Dhabi First Bank, and Tameed. This funding aims to improve access to capital for healthcare suppliers and support the growing demand for medical supplies. NUPCO is expanding its services to the private sector and plans to launch a digital healthcare marketplace by early 2025, further optimizing logistics and procurement in line with the Vision 2030 initiative.
Walliser Kantonalbank, a regional Swiss bank, reported an increase in net profit for FY24, despite a decline in net interest income. The bank operates through three divisions: Retail Banking, Private Banking, and Business Banking, serving a diverse clientele across the canton of Valais with approximately 20 branches and numerous ATMs.
Max Healthcare shares rose over 3% to Rs 1,047 following an upgrade from UBS, which changed its rating from 'Neutral' to 'Buy' and set a target price of Rs 1,200, indicating an 18.3% upside. The brokerage highlighted the company's strong growth potential, driven by plans to double bed capacity and an efficient asset-light model, despite a 17.4% decline in net profit for Q3. Revenue, however, surged by 39.9% year-on-year, reaching Rs 1,868.3 crore.
Max Healthcare shares rose nearly 3% following UBS's upgrade to 'Buy' and a target price increase to Rs 1,200. The company reported a 17.4% year-on-year drop in Q3 net profit to Rs 238.80 crore, despite a 39.9% revenue increase to Rs 1,868.3 crore. Analysts remain optimistic about its growth potential, particularly with plans to double bed capacity in three years.
Huawei achieved double-digit growth in the 2024 global premium smartphone market, competing effectively against giants like Apple and Samsung. The premium segment, defined as phones priced between $600 and $1000, saw a market share increase to 25%, with Apple leading at 67% and Samsung at 18%. Notable Huawei launches include the Pura 70 series and Mate X6, showcasing advanced features and strong market performance.
Shares of Max Healthcare Institute surged by 3.2% to 1,047 rupees following an upgrade from UBS to "buy," with a price target raised to 1,200 rupees. The brokerage praised Max Healthcare for its effective execution in expanding bed capacity and quickly achieving profitability in new hospitals. Despite this positive outlook, all three major hospital stocks, including Apollo Hospitals and Fortis Healthcare, have seen declines this year, with Max Healthcare down 9%.
Industry Trends
SubCategory
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs maintains buy rating on eiffage with strong growth potential
10:32 18.02.2025
huawei launches first tri foldable smartphone mate xt internationally
09:06 18.02.2025
Neue Bank appoints Branko Racić to lead international asset management expansion
Swiss Franc
Kaiser Partner Privatbank AG
Neue Bank AG
Vontobel Holding AG
LIE
Roman Pfranger
Show more
09:01 18.02.2025
nike inc receives neutral rating as global sales distribution remains strong
08:36 18.02.2025
NUPCO secures 667 million dollars to enhance Saudi healthcare logistics
08:12 18.02.2025
Walliser Kantonalbank reports increased net profit despite decline in net interest income
07:36 18.02.2025
max healthcare shares rise after ubs upgrade with strong growth outlook
07:17 18.02.2025
max healthcare shares rise after ubS upgrade and target price increase
06:35 18.02.2025
Huawei achieves significant growth in global premium smartphone market in 2024
United States Dollar
Vivos Inc.
Samsung Biologics Co.,Ltd.
Apple Inc.
XIAOMI-W
Honor
CHN
USA
IND
Karn Chauhan
Show more
05:48 18.02.2025
Max Healthcare shares rise after UBS upgrade to buy rating
Indian Rupee
Max Healthcare Institute Limited
FORTIS HEALTHCARE LTD
Apollo Hospitals Enterprise Limited
IND
Show more
05:26 18.02.2025
Trending
Subcategory
Stock Market Updates
Industry Trends
Corporate News
Retail and Consumer Goods
Global Financial Events
Finance Mergers & Acquisitions
Startups & Entrepreneurship
AI Innovations
Central Bank Actions
Government Policies
Funding Rounds & Investments
Market Analysis and Predictions
Industry Mergers & Acquisitions
Banking Regulations
Supply Chain Management
Domestic Politics
AI & Automation Regulations
Government Economic Policies
Global Trade Developments
Emerging Startups
Countries:
Companies:
NVIDIA Corporation
Apple Inc.
Huawei Technologies CO. Ltd.
Tesla, Inc.
The Goldman Sachs Group, Inc.
Citigroup Inc.
Barclays PLC
Wells Fargo & Company
American Express Co
Bank of America Corporation
Tiktok USD
HSBC Holdings plc
Berkshire Hathaway Inc.
International Monetary Fund FUND
HDFC Bank Ltd
Coca-Cola FEMSA, S.A.B. de C.V.
Nintendo Co., Ltd.
Raiffeisen Bank International AG
Pfizer Inc.
VP Bank AG
Currencies:
United States Dollar
Euro
Japanese Yen
Indian Rupee
United Arab Emirates Dirham
Chinese Yuan
Swiss Franc
British Pound Sterling
Offshore Chinese Yuan
Saudi Riyal
Australian Dollar
Brazilian Real
South Korean Won
Hong Kong Dollar
Norwegian Krone
People: