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The Latest Breaking News from UBS

Walmart To $142? Plus This Analyst Raises Price Target On McDonald's

Keybanc raised the price target for McDonald's Corporation (NYSE: MCD) from $285 to $290. However, Keybanc analyst Eric Gonzalez maintained the stock with an Overweight rating. McDonald's shares fell 0.3% to $256.23 in pre-market trading.

Benzinga

LVMH Q2 Sales Climb 19%, Offsetting Slower China

Sales at LVMH, the world's largest luxury group, rose by 19% in the three months to June, as robust growth in the US and China helped it offset a new round of lockdowns in China. LVMH, which owns dozens of high-end labels such as Tiffany, said sales came to 18.73…

Asharq Al-Awsat

This Healthcare Stock Jumped 110%; Here Are 64 Biggest Movers From Yesterday

Gainers Virax Biolabs Group Limited (NASDAQ: VRAX) shares climbed 264% to close at $18.20 on Thursday. The company offered shares at an expected price of $5.00 per share with an insider lock-up period of 180 days ending on January 17, 2023.

Benzinga

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Why Is Super Micro Computer Higher By More Than 13%? 42 Stocks Moving In Thursday's Mid-Day Session

Gainers Virax Biolabs Group Limited (NASDAQ: VRAX) shares jumped 364.3% to $23.22. The company offered shares at an expected price of $5.00 per share with an insider lock-up period of 180 days ending on January 17, 2023.

Benzinga

American tourists splurge in Paris boutiques as euro slides

American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned department store La Samaritaine in Paris, tempted by the prices as the euro reached parity with the U.S. dollar.

Reuters

UBS, Citi among banks hit by Asia rich clients’ pullback

A slump in client trading activity in Asia is threatening to slow a lucrative earner for the world’s biggest wealth managers.

Bangkok Post

Criminal complaint filed against UBS over DRC-linked funds

Three organisations have filed a criminal complaint to federal prosecutors in Switzerland, alleging a failure to exercise due diligence at UBS in relation to funds they say were received by an alleged associate of former Congolese president Joseph Kabila.

Reuters

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Benzinga's Top Ratings Upgrades, Downgrades For July 8, 2022

Benzinga

This Analyst Lowers Price Targets On Visa, Mastercard, American Express; Here's The Biggest Price Target Changes For Wednesday

UBS cut Moelis & Company (NYSE: MC) price target from $54 to $40. Moelis shares rose 3% to close at $40.84 on Tuesday.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 30, 2022

Upgrades

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 28, 2022

Upgrades

Benzinga

UBS Maintains Buy Rating for Lennar: Here's What You Need To Know

UBS has decided to maintain its Buy rating of Lennar (NYSE:LEN) and lower its price target from $108.00 to $106.00. Shares of Lennar are trading up 2.7% over the last 24 hours, at $67.42 per share. A move to $106.00 would account for a 57.22% increase from the current share…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 21, 2022

Upgrades

Benzinga

2 Non-Energy Stocks Pushing Up Against Their 52-Week Highs

Energy prices have risen amid tight supplies and robust demand. The industry tailwinds have helped several energy stocks to gain substantially this year. However, looking beyond the energy sector, a few stocks are pushing up against their 52-week highs. Two such non-energy stocks, Kronos Worldwide (KRO) and Sanderson Farms (SAFM)…

StockNews.com

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Benzinga

UBS Maintains Buy Rating for Keysight Technologies: Here's What You Need To Know

UBS has decided to maintain its Buy rating of Keysight Technologies (NYSE:KEYS) and lower its price target from $220.00 to $177.00. Shares of Keysight Technologies are trading up 1.86% over the last 24 hours, at $133.49 per share.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 14, 2022

Upgrades

Benzinga

There Are 'A Lot Of Reasons' To Like This Semiconductor Stock Says Pete Najarian

Micron Technology, Inc. (NASDAQ: MU) was featured as the call of the day Monday on CNBC's "Fast Money Halftime Report."

Benzinga

Ominous Death Cross Forms On UBS Gr's Chart

If history is any guide, there may be trouble ahead for shares of UBS Gr (NYSE:UBS). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

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Benzinga

Tesla Upgraded To Buy: Why This Analyst Thinks EV Maker's Operational Outlook Is Stronger Than Ever

Tesla, Inc. (NASDAQ: TSLA) shares have shed more than 30% in the year-to-date period amid worries concerning the COVID-19 lockdowns in China and worsening macroeconomic fundamentals.

Benzinga

'Tesla Is Just Way Ahead': Why Jim Cramer Says UBS Upgrade Of The Elon Musk-Led Company Is 'Extraordinary'

Jim Cramer on Thursday applauded a bullish analyst call on Tesla Inc (NASDAQ: TSLA) from UBS, suggesting the electric vehicle manufacturer is years ahead of its competition.

Benzinga

Here's What Analysts Had To Say About GitLab Post Q1 Beat

Analysts acknowledged GitLab Inc's (NASDAQ:GTLB) Q1 beat by re-rating the stock. RBC Capital analyst Matthew Hedberg maintained GitLab with an Outperform and raised the price target from $64 to $66. GitLab reported a solid start to the year as execution continued in its third quarter as a public company, Hedberg noted. Revenue growth again accelerated while RPO…

The New Daily

Extreme weather blamed as KFC substitutes cabbage for lettuce and prices soar

Extreme weather is being blamed for a shortage of lettuce that has prompted fast food chain KFC to put cabbage on its burgers and led to soaring prices.

The Times of India

Rupee may fall to a new record low on worsening current account

NEW DELHI: The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.

Benzinga

Why Generac Shares Are Surging Today

Generac Holdings Inc. (NYSE:GNRC) subsidiary Generac Grid Services and German utility RWE AG (OTC:RWEOY) reveal the expansion of their collaboration. The companies plan to jointly launch additional market products following the delivery of uninterrupted automatic Frequency Restoration Reserve (aFRR) capacity for the last six months. "Generac Grid Services is proud to support RWE in…

Benzinga

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

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