Coinbase Global Inc. (NASDAQ: COIN) received an upgrade today from Citi analyst Peter Christiansen, who shifted the stock from a Neutral/High-Risk rating to a Buy/High-Risk rating. Along with this upgrade, he increased his price target on the stock to $345 from $260, indicating a potential 30% rise from its current price. Analyst ratings and market… Continue reading Citi upgrades Coinbase stock to Buy with $345 target: Is a 30% gain within reach?
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BofA double upgrades CH Robinson Worldwide to Buy: Should you invest?
In the ever-evolving logistics sector, C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has recently been garnering a lot of attention due to a positive shift in analysts’ sentiments. On July 22, it received a double upgrade from Bank of America (BofA), propelling it directly to a “Buy” from an “Underperform” rating. This significant shift in… Continue reading BofA double upgrades CH Robinson Worldwide to Buy: Should you invest?
Coca-Cola raises full-year outlook as global demand increases in Q2
Coca-Cola has announced an increase in its full-year outlook, attributing the rise to robust global demand for its beverages during the second quarter of 2024. The company has adjusted its forecast for organic revenue growth to 9% to 10%, up from the previous 8% to 9%. The outlook for comparable earnings growth has been raised… Continue reading Coca-Cola raises full-year outlook as global demand increases in Q2
UPS Q2 earnings prove it overpays its drivers, investors flee
United Parcel Service Inc. (NYSE:UPS) reported its Q2 earnings today. The stock is trading down 12% after market open, mainly due to lower-than-expected revenue in its domestic business. On a more positive note, US volumes increased for the first time in 9 quarters. That wasn’t enough to please the investors though, who continue to sell… Continue reading UPS Q2 earnings prove it overpays its drivers, investors flee
Long OTIS: Otis Worldwide Corp Near Breakout, Enter Trade During Consolidation Phase
Long AMAT: Applied Materials Shows Bullish Reversal at Major Support, Targeting Midpoint of Recent Bearish Impulse
Long ACN: strong bullish momentum backed by strategic acquisition and AI-driven revenue growth prospects
Long TSLA: anticipate bullish breakout and support retest amidst strong deliveries, AI advancements, and expansion
Airbus takes on Boeing with new orders close to $4 billion from Japan Airlines and Virgin Atlantic
Airbus SE (EPA: AIR) is intensifying the competition with Boeing by securing significant new orders at the Farnborough Airshow. On Tuesday, the aerospace giant announced substantial deals with Japan Airlines and Virgin Atlantic, signaling a strong demand for its aircraft despite a perceived slowdown in the post-pandemic travel boom. How many planes did Japan Airlines… Continue reading Airbus takes on Boeing with new orders close to $4 billion from Japan Airlines and Virgin Atlantic