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The Latest Breaking News from Barclays

Why Pure Storage Shares Are Soaring Today

Analysts raised their price targets on Pure Storage Inc (NYSE: PSTG) post a solid Q4 beat. Barclays analyst Tim Long raised the firm's price target on Pure Storage to $39 from $35 (47.3% upside) and kept an Overweight rating on the shares. The company beat Q4 estimates and released better than expected guidance for fiscal 2023, Long…

Benzinga

Barclays Bumps Up WillScot Mobile Mini Price Target By 25%

Barclays analyst Manav Patnaik upgraded WillScot Mobile Mini Holdings Corp (NASDAQ:WSC) to Overweight from Equal Weight and raised the price target to $50 (an upside of 35%) from $40. The analyst notes the company looks well-positioned to beat its recently set three- and five-year financial targets. Patnaik sees "many potentially positive catalysts" for the shares,…

Benzinga

Barclays Downgrades Endo On 'Difficult Path'

Barclays has downgraded

Benzinga

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Benzinga's Top Ratings Upgrades, Downgrades For March 2, 2022

Benzinga

Glasgow bank worker driven out of job over 'sexualised calls' from wealthy customers

An employment tribunal heard that calls from 'Premier' customers triggered flashbacks from the woman's past, prompting her to go off work with stress and eventually leave her job.

Glasgow Live

Barclays worker quit after dirty calls from rich clients triggered her PTSD

Kim Modeste filed a claim for discrimination after receiving sexualised calls that left her deeply upset

Wales Online

Analysts Slash Zscaler Price Target Post Q2 Results, Shares Plunge

Analysts slashed their price targets on Zscaler Inc (NASDAQ:ZS) post Q2 results. Deutsche Bank analyst Patrick Colville lowered the price target on Zscaler to $280 from $430 (6.3% upside) and kept a Buy. After a "stellar run of near-flawless execution" by Zscaler, the company's fiscal Q2 report "was mixed." Federal contracts not closing, a lack…

Benzinga

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Analysts Continue To See Sharp Upside In Sprout Social Post Q4 Results

Analysts cut their price targets on Sprout Social Inc (NASDAQ:SPT) post Q4 results. Needham analyst Scott Berg lowered the price target to $75 from $160 (37% upside) given the significant multiple compression across high growth software but kept a Buy. The company's Q4 results were "impressive," highlighted by the acceleration of upmarket demand, record large…

Benzinga

Barclays CEO needs profits and fewer run-ins with regulators

The stock market still worries about the bank, but CS Venkatakrishnan could be the boss it has been seeking

The Guardian - UK

Why Palo Alto Networks Shares Are Trading Higher Premarket

Analysts raised their price targets on Palo Alto Networks Inc (NASDAQ:PANW) following Q2 results. JPMorgan analyst Sterling Auty upgraded Palo to Neutral from Underweight with a PT of $620, up from $600 (30.4% upside). Palo Alto is one of the cybersecurity companies well-positioned to compete for the cloud security opportunity, Auty said. The analyst says the…

Benzinga

Bank of England boss on £575k wage defends comments that staff shouldn't get pay rises

Andrew Bailey, who earns more than £575,000 a year, came under fire recently for suggesting workers should not ask for big pay rises to help control soaring inflation

Daily Mirror

10 Biggest Price Target Changes For Wednesday

Barclays lowered Teladoc Health, Inc. (NYSE: TDOC) price target from $95 to $77. Teladoc Health shares dropped 2.3% to $63.81 in pre-market trading.

Benzinga

Barclays freezes £22m bonuses of former boss amid probe into Epstein links

Barclays has suspended all of Jes Staley’s unvested long-term bonus share awards pending a regulatory investigation

The Independent UK

Barclays freezes former boss’s share bonuses amid Epstein links probe

Banking giant told city it had suspended former chief executive Jes Staley’s unvested long-term bonus share awards as investigation carried out into relationship with Jeffrey Epstein

Wales Online

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The Guardian - UK

Barclays freezes £22m worth of bonuses for ex-boss Staley amid Epstein inquiry

Bank also increases staff bonus pool by 17% to £1.3bn and reports pre-tax profits of £8.4bn

Evening Standard

FTSE 100 Live: Rio Tinto pays record dividend as Barclays returns £2.5 billion, oil price steady

Rio Tinto today declared a record dividend worth $16.8 billion (£12bn) as City investors get a slice of 2021's commodity price boom.

Evening Standard

Barclays withholds bonus payments to Jes Staley as Epstein investigation continues

BARCLAYS is withholding bonus payments from Jes Staley, the chief executive who left last year amid an investigation into the details of his relationship with Jeffrey Epstein, the financier and convicted sex offender.

The Guardian - UK

Bank of England chief urges banks to show restraint on bonuses; global stocks recover – as it happened

Bank of England’s Bailey says sanctions pose no risk to UK’s financial sector, as foreign secretary talks about Britain’s plans to stop Russia selling sovereign debt in London

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The Independent UK

Barclays freezes £22m share bonuses for former boss amid Epstein links probe

The banking giant has suspended all of Jes Staley’s unvested long-term bonus share awards pending a regulatory investigation.

Birmingham Post

Barclays has revealed pre-tax profits soared to £8.4billion

Barclays also announced its first female finance director

Evening Standard

Barclays poised to reveal what it paid Jes Staley as he left over Epstein scandal

Bank annual report out on Wednesday

Benzinga

Why Intel Shares Are Trading Lower Today

Intel Corp (NASDAQ:INTC) shared its 2022 and long-term growth strategy at its investor meet. After attending Intel's analyst day, BofA analyst Vivek Arya said the company "laid out an ambitious plan" to drive double EPS growth through 2026. He expects bulls to focus on its commitment to process leadership, large and growing total addressable markets,…

Benzinga

Analysts Cut BJ's Restaurants Price Target Post Q4 Results

Barclays analyst Jeffrey Bernstein lowered the price target on BJ's Restaurants Inc (NASDAQ: BJRI) to $25 from $31 (23.6% downside) and kept an Underweight rating on the shares.

The Guardian - UK

Standard Chartered bankers share $1.37bn bonus pot

Payout 38% up on 2020, with bonus pots at HSBC, Barclays, Lloyds and NatWest expected to be just as large

Birmingham Post

Anglesey care home invests £500K in new apartments

Barclays has supported the investment at the Glan Rhos Nursing Home at Brynsiencyn

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