Hexcel (NYSE:HXL) was downgraded by research analysts at Credit Suisse Group from a "neutral" rating to an "underperform" rating in a research note issued on Thursday, Briefing.com reports. They currently have a $40.00 target price on the aerospace company's stock, up from their prior target price of $34.00.
January 21, 2021
1 hour ago (Jan 21, 2021 09:50AM ET) Credit Suisse (SIX:) analyst Jon Peace maintained a Buy rating on UBS Group AG (SIX:) on Thursday, setting a price target of CHF16, which is approximately 20.40% above the present share price of $14.95.
Business Project Mgr. Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations.
Renewable energy stocks have been rising for more than a year as a shift to renewables from fossil fuels accelerates. The inauguration of President Joe Biden has been another important factor because the new administration has ambitious goals to combat climate change.
Koninklijke Ahold Delhaize (OTCMKTS:ADRNY)'s stock had its "neutral" rating reiterated by equities research analysts at Credit Suisse Group in a note issued to investors on Wednesday, The Fly reports. Several other analysts have also issued reports on ADRNY. Morgan Stanley reaffirmed an "equal weight" rating on shares of Koninklijke Ahold Delhaize in a research report on Tuesday, November 10th.
Patrick Palfrey, Senior Equity Strategist at Credit Suisse, joins Worldwide Exchange to discuss how investors should be looking at the markets under a Biden administration.
Forex Despite the recovery of the EUR/USD in this week's trading sessions, Credit Suisse expects the pair to resume the downside move if the resistance at 1.2231 stays intact. According to the bank, the 1.2223 price level is the upside barrier that has to give way for any further upside recovery to occur.
33 minutes ago (Jan 20, 2021 12:35PM ET) Credit Suisse (SIX:) analyst Jacob Lundberg maintained a Hold rating on Halliburton Company (NYSE:) on Wednesday, setting a price target of $16, which is approximately 22.10% below the present share price of $20.54. Lundberg expects Halliburton Company to post earnings per share (EPS) of -$0.02 for the first quarter of 2021.
Credit Suisse downgraded GlaxoSmithKline to 'underperform' from 'neutral' on Wednesday, cutting the price target to 1,400p from 1,580p as it said multiple near-term and strategic challenges make for limited upside versus peers. The bank expects to see a continued focus on the upcoming split into consumer and pharma units and said this was "a natural time" to revisit the pharma dividend policy.
2 hours ago (Jan 20, 2021 10:10AM ET) Credit Suisse (SIX:) analyst Trung Huynh maintained a Buy rating on (NASDAQ:) on Wednesday, setting a price target of EUR96, which is approximately 15.13% above the present share price of $101.2. Huynh expects Sanofi to post earnings per share (EPS) of $6.06 for the first quarter of 2021.
Credit Suisse is the latest firm to jump in the ratings game on Penn National Gaming (PENN +5.8%) with a bullish stance.
In a research note, Credit Suisse analyst Trung Huynh has maintained his recommendation on the stock with a Buy rating. The target price is decreased from GBX 9500 to GBX 9000. | January 20, 2021
The FCC's record auction for mid-band wireless spectrum - stopping just short of $81B in bids - is certain to mean more debt at AT&T (T -0.5%) and Verizon (VZ -0.6%).
GLAXOSMITHKLINE downgraded by Credit Suisse's analyst from Neutral to Sell. The target price is revised downwards from GBX 1580 to GBX 1400. | January 20, 2021
Economists at Credit Suisse think that central bank intervention in the FX market to weaken the PLN will continue to counter steady zloty-appreciation pressures from the balance of payments side, and create low-volatility and tight range trading in EUR/PLN during the weeks ahead.
Koninklijke Ahold Delhaize (OTCMKTS:ADRNY)'s stock had its "neutral" rating reiterated by equities research analysts at Credit Suisse Group in a note issued to investors on Wednesday, The Fly reports. Several other analysts have also issued reports on ADRNY. Morgan Stanley reaffirmed an "equal weight" rating on shares of Koninklijke Ahold Delhaize in a research report on Tuesday, November 10th.
Credit Suisse downgrades his rating from Buy to Neutral. The target price remains unchanged at DKK 470. | January 20, 2021
Sterling has been the major mover in currency markets on Wednesday. The Pound-to-Dollar rate (GBP/USD) has moved higher to re-test 1.3700 while the Euro-to-Pound rate has dipped to 8-month lows at 0.8840 after sliding through the 0.8870 support area. According to Credit Suisse, the break below 0.8870 will lead to further medium-term losses.
Credit Suisse's research confirms his advice and maintains his neutral opinion on the stock. The target price has been revised upwards and is now set at USD 586, compared with USD 525 previously. | January 20, 2021