Wall Street's Riskiest Stocks Are Melting Down as Retail Traders Face 'Day of Reckoning'
Perigon Wealth Management Deepens Goldman Sachs Relationship
HSBC downgraded India's stock market rating to 'neutral'.
On Thursday, HSBC downgraded its rating on the Indian stock market from 'Shareholding' to 'Neutral', joining an increasing number of Global brokerages. Due to slowing growth and rising valuations, these brokerages have reduced their bets on Asia's third-largest economy. HSBC lowered its year-end target for India's BSE Sensex Index by 5% to 85,990 points. This implies that the Index will rise by 10% this year, as it reported 77,700 points on Thursday. 'Cyclical growth slowdown and rising valuations limit the upside potential in the short term... (and) we expect market returns to slow down by 2025,' HSBC stated in a report.
Goldman Sachs: Assigns TINGYI a "Neutral" rating with a Target Price of 10.6 Hong Kong dollars.
Goldman Sachs published a research report stating a "Neutral" rating for TINGYI (00322), with a Target Price of HKD 10.6. The bank cited TINGYI's management indicating that last year's sales might have been affected by price increases (instant noodle prices were raised from October last year), but estimated that last year's net profit growth target (10% to 15%) has upward potential. The bank expects TINGYI's revenue performance in the fourth quarter of last year to surpass that of the third quarter, with sales of Carbonated Drinks and instant noodles achieving positive growth compared to the same period last year; as flour prices declined both sequentially and year-on-year in the fourth quarter, raw material costs had a positive impact on margins, offsetting palm oil.
S&P 500 Positive for 'First Five Days,' Huang Sees Decades till Quantum | Wall Street Today
Wednesday Market Falls, Quantum Computing Pulls Back Hard on Treasury Yield Crunch | Live Stock
SolarEdge Stock Drops After Downgrade. Why the Analyst Disagrees With Goldman Sachs. -- Barrons.com
How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings
Today's Analyst Rating | UBS Upgrades Bank of America to Buy, Salesforce Price Target Raised to $400 by Needham
73.29 million ounces! The central bank has expanded its gold reserves for two consecutive months.
In December 2024, the People's Bank of China continued the momentum of Shareholding from November, expanding its Gold reserves for two consecutive months after previously pausing Shareholding for six months. Data released on January 7 from the official website of the People's Bank of China showed that by the end of December 2024, the country's Gold reserves were 73.29 million ounces (approximately 2279.58 tons), an increase of 0.33 million ounces (approximately 10.26 tons) compared to the end of November 2024. Wang Qing, Chief Macro Analyst at Dongfang Jincheng, stated that the official Gold reserves have increased for two consecutive months, which aligns with market expectations. The central bank's Shareholding of Gold for two consecutive months may relate to November.
Tuesday Market Pulls Back After Nvidia All Time High | Wall Street Today
Are Regional Banks The Next Big Opportunity? Wall Street Analysts Bet Big On Multiyear Rally
Market Sells CES Tech News, ISM Tuesday as Nvidia Champions Robots Monday | Live Stock
Jefferies Maintains Goldman Sachs(GS.US) With Buy Rating, Raises Target Price to $667
Morgan Stanley Maintains Goldman Sachs(GS.US) With Buy Rating, Maintains Target Price $736
Jefferies Keeps Their Buy Rating on Goldman Sachs Group (GS)
Today's Analyst Rating | Meta Platforms Price Target Raised to $715 by Jefferies, BofA Securities Downgrades Tesla to Hold
BofA Securities Maintains Goldman Sachs(GS.US) With Buy Rating, Raises Target Price to $650
Jefferies Adjusts Price Target on Goldman Sachs to $667 From $609, Keeps Buy Rating
HSBC Adjusts Price Target on Goldman Sachs to $604 From $608, Keeps Hold Rating