{
}
BNP Paribas Exane has revised its price target for Fortive Corporation to $89 from $91 while maintaining an outperform rating. Fortive operates in two main sectors: manufacturing industrial components and technical equipment, which accounts for 64.8% of net sales, and producing professional measuring tools and instruments, making up 35.2%. Geographically, 54.2% of net sales come from the United States, 11.5% from China, and 34.3% from other regions.
BNP Paribas Exane has adjusted its price target on BorgWarner Inc. to $33 from $34 while maintaining a neutral rating. BorgWarner specializes in automotive equipment, with net sales primarily from air management products (54.6%), e-propulsion & drivetrain products (30.3%), and fuel injection systems (15.1%). The company operates 79 production sites globally, with significant sales in China (21.1%) and the United States (16.4%).
Arc Minerals has reported promising assay results from its joint venture with Anglo American in Zambia, revealing 0.6% copper over a 40-meter thickness and high-grade intersects of 1.7% copper. With significant funding of nearly $90 million from Anglo, the company is well-positioned for exploration in a region known for its copper potential. The ongoing rainy season has paused drilling, but plans are in place for a busy year ahead as they review data and prepare for future operations.
In 3Q 2024, telco network infrastructure vendor revenues reached $49.6B, with Huawei, Ericsson, and Nokia leading the market, accounting for 37.5% of total revenues. Despite a slight quarterly increase, the annualized market saw a 5.6% decline, primarily due to reduced capex forecasts. Tejas Networks and Broadcom reported significant year-over-year growth, driven by strategic developments in India and acquisitions.
In 3Q 2024, telco network infrastructure vendor revenues reached $49.6B, with Huawei, Ericsson, and Nokia dominating the market, holding 37.5% of the annualized share. Despite a slight quarterly growth, the overall market saw a 5.6% year-over-year decline, driven by a forecasted dip in telco capex from $314B in 2023 to below $300B in 2024. Notably, Tejas Networks and Broadcom led in revenue growth due to significant contracts and acquisitions.
Deutsche Bank has downgraded its rating on Adecco shares from 'buy' to 'hold', reducing the price target from 36 to 25 Swiss francs. The firm expressed concerns about the impact of the current economic climate on the recruitment market, particularly due to heightened political and economic uncertainty in Europe, with significant effects expected in the UK, France, and Germany. Adecco's substantial exposure to the French market is likely to negatively affect its earnings prospects.
UBS has raised its price target for Universal Music Group (UMG) from €26 to €31, maintaining a 'buy' recommendation. This new target indicates a 15% upside potential, driven by expectations that UMG's subscription-based streaming revenues will surpass consensus, signaling strong growth potential for the stock.
Kristin Larson, a former senior vice president at UBS, has launched NewSpring Wealth Partners under the Sanctuary Wealth network, managing approximately $200 million in client assets. Emphasizing her commitment to empowering mid-career professionals, especially women, Larson aims to provide enhanced support and objective investment solutions as an independent advisor. Sanctuary Wealth's CEO highlighted the growing demand for women advisors amid the ongoing wealth transfer, positioning Larson as a key figure in this evolving landscape.
UBS has upgraded Société Générale, indicating a potential short-term upside of about 5% over consensus for fiscal 2025. The reaffirmation of targets for fiscal 2026, especially regarding capital generation and distributions, is believed to enhance the price-to-earnings ratio, now valued at 6.2 compared to the industry average of 7.5.
UBS has upgraded Société Générale, indicating a potential short-term upside of about 5% over consensus for fiscal 2025. The reaffirmation of targets for fiscal 2026, especially regarding capital generation and distributions, is believed to enhance the price-to-earnings ratio, now set at 6.2 compared to the industry average of 7.5.
Industry Trends
SubCategory
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bnp paribas exane lowers fortive price target to eighty nine dollars
12:26 10.02.2025
bnp paribas exane lowers borgwarner price target to thirty three dollars
12:25 10.02.2025
arc minerals reports positive copper assay results from anglo american joint venture
Arc Minerals Limited
Barrick Gold Corporation
Anglo American plc
First Quantum Minerals Ltd.
ZMB
Nicholas Von Schirnding
Show more
12:16 10.02.2025
telecom vendor analysis reveals growth trends for huawei ericsson and nokia
Infinera Corp
Alcatel-Lucent e.U.
Tech Mahindra Limited
Sumitomo Electric Industries, Ltd.
Palo Alto Networks, Inc.
LENOVO GROUP
Commvault Systems, Inc.
HCL Technologies FUT, February
Infosys Ltd
Ubiquiti Inc.
Fujitsu Limited
Dell Technologies Inc.
Spirent Communications plc
Wipro Ltd
Extreme Networks, Inc.
Comba Telecom Systems Holdings Ltd
SeaChange International, Inc.
AsiaInfo Technologies Ltd
Tata Consultancy Services Limited
Amdocs Ltd
Sterlite Technologies Limited
FIBERHOME TELCOM
ERICSSON - CLASS B
Comarch S.A.
Adtran Inc
ADVA Optical Networking SE
Ciena Corporation
Samsung Electronics Co., Ltd.
Italtel S.p.A.
HENGTONG OPTIC-ELECTRIC
NEC Corporation
Accenture plc
Alphabet Inc.
Nutanix, Inc.
Nokia Oyj
Microsoft Corporation
cyan AG
Technicolor SA
Nexans
Sopra Steria Group
Corning Inc
Huber+Suhner AG
Transmode AB
Calix, Inc.
Check Point Software Technologies Ltd.
Optiva Inc.
Dycom Industries, Inc.
Ceragon Networks Ltd.
Oracle AI USD
Allied Telesis Holdings K.K.
Mitsubishi Electric Corp
Dynatrace, Inc.
Pace plc
Fortinet, Inc.
Clearfield, Inc.
Exfo Inc.
F5 Networks, Inc.
Prysmian S.p.A.
Ribbon Communications Inc.
ZTE
Capgemini SE
Amphenol Corp
DATANG TELECOM
Fujikura Ltd.
Juniper Networks, Inc.
Citrix Systems Inc.
Brocade Communications Systems Inc.
RADCOM Ltd.
TE Connectivity plc
Casa Systems Inc.
Tejas Networks Limited
Kudelski SA
SUBEX LTD.
Ruckus Wireless LLC
Harmonic Inc.
Rakuten Group, Inc.
Aviat Networks, Inc.
Cisco Systems, Inc.
Kyndryl Holdings, Inc.
MasTec, Inc.
Net Insight AB
Dragonwave Inc.
Radware Ltd.
Arista Networks Inc
Atos SE
Hitachi, Ltd.
Wiwynn Corporation
Furukawa Electric Co., Ltd.
Itochu Techno-Solutions Corporation
Amazon.com, Inc.
NetScout Systems, Inc.
Westell Technologies, Inc.
CommScope Holding Co Inc
SAP SE
Data Call Technologies, Inc.
CHN
Show more
12:15 10.02.2025
telecom vendor revenues show mixed results with Huawei leading in 3Q24
United States Dollar
F5 Networks, Inc.
Tejas Networks Limited
Nokia Oyj
ZTE
Broadcom Inc.
ERICSSON - CLASS B
Adtran Inc
CHN
USA
IND
Show more
12:15 10.02.2025
deutsche bank downgrades adecco to hold amid economic uncertainty in europe
12:12 10.02.2025
UBS raises price target for Universal Music Group to 31 euros
12:00 10.02.2025
next generation advisor launches independent firm managing 200 million in assets
11:57 10.02.2025
ubs upgrades société générale with positive outlook for fiscal 2025 and 2026
11:42 10.02.2025
ubs upgrades société générale with positive outlook for fiscal 2025 and 2026
11:42 10.02.2025
Trending
Subcategory
Stock Market Updates
Industry Trends
Corporate News
Finance Mergers & Acquisitions
Retail and Consumer Goods
Global Financial Events
Startups & Entrepreneurship
AI Innovations
Industry Mergers & Acquisitions
Funding Rounds & Investments
Market Analysis and Predictions
Central Bank Actions
Banking Regulations
Supply Chain Management
Government Policies
AI & Automation Regulations
Government Economic Policies
CEO Changes
Domestic Politics
Hedge Funds & Private Equity
Countries:
Companies:
NVIDIA Corporation
Barclays PLC
Apple Inc.
Huawei Technologies CO. Ltd.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Bank of America Corporation
Citigroup Inc.
Wells Fargo & Company
American Express Co
VP Bank AG
Tiktok USD
HSBC Holdings plc
Berkshire Hathaway Inc.
International Monetary Fund FUND
Morgan Stanley
Amazon.com, Inc.
DoorDash, Inc.
Deliveroo plc
HDFC Bank Ltd
Currencies:
United States Dollar
Euro
Swiss Franc
Indian Rupee
Japanese Yen
British Pound Sterling
United Arab Emirates Dirham
Chinese Yuan
Saudi Riyal
Offshore Chinese Yuan
Australian Dollar
Hong Kong Dollar
Swedish Krona
Brazilian Real
South Korean Won
Norwegian Krone
People: