Travelers shares rise following Piper Sandler upgrade
Investing.com — Shares of Travelers (NYSE: NYSE:TRV) climbed 1% as Piper Sandler shifted its stance on the insurance giant, upgrading the stock from Neutral to Overweight and significantly raising the price target from $259.00 to $310.00. The upgrade came on
UK tax policy changes fuel millionaire exodus, says deVere
Investing.com — Recent remarks by Rachel Reeves regarding non-domicile tax policy changes have added to the ongoing concerns over the UK’s decreasing appeal to wealthy foreign nationals, rather than assuaging market fears. Despite rumors of a potential easing of the
Magna upgraded by RBC on improving macro trends, EV recovery optimism
Investing.com — Magna International Inc (TSX:MG) got an upgrade to “Outperform” from “Sector Perform” at RBC Capital Markets given an improved U.S. macroeconomic conditions, better dealer inventories, and a likely rebound in electric vehicle demand in 2025. RBC
AT&T strikes $850 million property deal with Reign Capital
Investing.com — AT&T (NYSE:T) on Friday announced a sale-leaseback agreement with Reign Capital, a private developer. The deal, which involves 74 of AT&T’s less utilized properties across the U.S., will generate $850 million in cash for the telecommunications company. The Dallas-based
Netflix raised at Bernstein, ‘still not late to the party’
Investing.com — Bernstein analysts upgraded Netflix (NASDAQ:NFLX) to Outperform from Market-Perform, raising the price target to $1,200 from $975, citing sustained subscriber growth and improving margins. Despite its recent rally, Bernstein insists, “it is expensive only if you believe in consensus EPS