{
}
Goldman Sachs has revised its S&P 500 forecast for 2025 for the second time this month, now projecting the lowest estimate on Wall Street. This adjustment reflects ongoing concerns about market conditions and economic outlook.
HSBC Holdings plc will see its stake in Bank of Communications (BoCom) diluted from 19.03% to 16.06% following BoCom's plan to issue approximately 13.78 billion new A ordinary shares at RMB8.71 each. This share issuance is part of efforts by Chinese financial authorities to boost economic growth. Despite the dilution, HSBC's CET1 capital ratio will remain largely unaffected, and the bank will continue to account for its share of BoCom's profits or losses.
Charles Schwab Investment Management Inc. increased its stake in Reddit to 503,321 shares, valued at $33.2 million, while several firms, including Cerity Partners LLC and Daiwa Securities Group Inc., acquired new positions in the company during the third quarter. Wells Fargo & Company lowered its price target for Reddit from $215 to $158, maintaining an "overweight" rating, while other analysts have varied opinions, with a consensus rating of "Moderate Buy" and an average target price of $163. Reddit's stock opened at $107.57, with a market cap of $19.46 billion.
Goldman Sachs has increased the probability of a US recession to 35%, citing the impact of tariff increases under the Trump administration and a weaker growth outlook. This adjustment reflects growing concerns about the economic landscape and its potential challenges.
Goldman Sachs has revised its S&P 500 target downward and increased the likelihood of a recession, signaling growing concerns about the economic outlook. The firm’s shift reflects a more cautious stance amid changing market conditions.
UBS maintains a Neutral rating on Safran while raising its target price. BOURSORAMA, acting solely as a distribution channel, emphasizes that the analysis is provided "as is" without any warranties, and the opinions expressed are those of the authors, independent of BOURSORAMA's views. The institution adheres to strict conflict of interest management policies to ensure objectivity in its investment recommendations.
UBS maintains a Neutral rating on Safran while increasing its price target from 235 to 265 euros, citing potential benefits from the defense supercycle, with 20% of sales linked to defense. However, the broker warns that upcoming information on tariffs could lead to increased share price volatility due to Safran's significant exposure to Mexico.
UBS maintains a Neutral rating on Airbus, raising its price target from €140 to €175, citing concerns over supply chain risks. The broker anticipates revenue growth opportunities from 2027 onwards and has increased its 2030 EBIT estimates by 20% for the Defense & Space segment and 33% for helicopters.
Goldman Sachs has revised its S&P 500 target downward and increased the likelihood of a recession, reflecting growing concerns about economic stability. The investment bank's shift in outlook signals a more cautious approach to market conditions amid rising uncertainties.
Lloyds Bank's share price has risen 31% over the past year but faces challenges ahead, particularly with a Supreme Court case regarding car-loan mis-selling set to begin on April 1. The bank has set aside £1.15 billion for potential costs related to this issue, which could significantly impact its financial outlook. Meanwhile, Close Brothers Group has seen its share price drop 34% over the past year, with expectations of rising operating expenses and a forecast loss, raising concerns about its future performance.
Stock Market Updates
SubCategory
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Goldman revises S&P 500 2025 forecast to lowest estimate on Wall Street
15:55 31.03.2025
HSBC stake in BoCom to decrease after new share issuance
15:14 31.03.2025
reddit sees increased institutional investment amid mixed analyst ratings and forecasts
Robert W. Baird & Co. Inc.
The Goldman Sachs Group, Inc.
Daiwa Securities Group Inc.
Wells Fargo & Company
Charles Schwab Investment Management Inc.
Redburn Atlantic
Citigroup Inc.
USA
Christopher Slowe
Show more
15:13 31.03.2025
Goldman Sachs increases US recession probability to 35 percent amid tariff concerns
15:10 31.03.2025
Goldman Sachs Revises S&P 500 Forecast Amid Rising Recession Concerns
14:59 31.03.2025
ubs maintains neutral stance on safran while increasing target price
14:58 31.03.2025
ubs raises safran price target amid defense supercycle concerns
14:58 31.03.2025
Airbus maintains neutral stance as UBS raises price target to 175 euros
14:53 31.03.2025
Goldman Sachs Revises S&P 500 Forecast Amid Rising Recession Concerns
14:44 31.03.2025
Lloyds share price rises but faces challenges amid legal uncertainties
14:40 31.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Industry Mergers & Acquisitions
Central Bank Actions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Workplace Trends
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Lux Digital Healt
Microsoft Corporation
UBS Group AG
Amazon.com, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
BNP Paribas SA
NVIDIA Corporation
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: