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Investing.com — Moody’s (NYSE:) Ratings has upgraded the long-term foreign currency and local currency issuer ratings of the Government of Argentina from Ca to Caa3. The outlook for the country has also been changed from stable to positive. This upgrade is a reflection of the government’s successful policy shift which…
Investing.com — Jefferies analysts downgraded Apple stock to Underperform from Hold on Monday as they expect the tech giant to miss both earnings and guidance targets in its upcoming fiscal Q1 2025 report. The company’s shares fell around 1% in premarket trading Tuesday. Jefferies’ price target on Apple Inc (NASDAQ:)…
Investing.com — UBS Global Research has downgraded Brenntag’s (ETR:) rating to ‘neutral’ from ‘buy,’ citing concerns over the company’s inability to unlock the profit potential that was previously anticipated. The downgrade, which marks a shift in UBS’s stance since they initiated coverage in December 2022, stems from the company’s disappointing profit…
Investing.com — Three major investment firms started research coverage of MBX Biosciences stock on Tuesday, each assigning a Buy rating to the biotechnology company. Analysts at Jefferies highlighted the potential of MBX’s lead program, MBX-2109, which is currently in Phase II trials for hypoparathyroidism. They expressed confidence in the company’s…
Barclays in a note dated Wednesday upgraded Victoria’s Secret & Co. to “equal weight” from “underweight”, reflecting a more balanced view of the stock’s risk and reward profile. The upgrade comes as the company shows signs of stabilizing after years of market share losses, and Barclays analysts believe the worst…
Investing.com — Analysts at HSBC initiated coverage of On Holding (NYSE:) with a “hold” rating, with a target price of $52, one of the highest on the street. While the Swiss performance sportswear company has been seeing a global surge in sales, HSBC analysts have indicated that the risk-reward ratio…