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Citi upgrades Burberry to “buy,” sees value in brand reset and U.S. growth

Citi upgrades Burberry to “buy,” sees value in brand reset and U.S. growth

Investing.com -- Citi Research in a note dated Thursday has upgraded Burberry Group Plc (LON:BRBY) to “buy” from “neutral,” citing improving brand momentum and growth potential in the United States. The brokerage set a new price target of £9.25, down slightly from £9.80, implying a total return of 28.7% including dividends.The decision follows signs that Burberry’s “Burberry F ...

2025-05-02 01:41:07
KKR looks to deploy $116 billion cash in choppy market after profit boost

KKR looks to deploy $116 billion cash in choppy market after profit boost

By Niket Nishant (Reuters) - Investment giant KKR is ready to put its $116 billion of capital to use as market volatility creates fresh opportunities, it said after posting a nearly 20% jump in first-quarter profit on Thursday. While tariff-driven turbulence has stirred concerns over limited exit opportunities, top KKR executives said its global footprint and asset mix have put it in a better posi ...

2025-05-02 01:40:09
CVS raises profit forecast, to exit Obamacare market as turnaround gains steam

CVS raises profit forecast, to exit Obamacare market as turnaround gains steam

By Manas Mishra and Sneha S K (Reuters) -CVS Health raised its full-year profit forecast on Thursday and said it plans to exit the market for Obamacare health insurance plans in 2026, as it seeks to turn around its fortunes after a series of challenges last year. CVS shares jumped 5% to $69.84 after it raised its 2025 profit forecast to $6 to $6.20 per share from $5.75 to $6 previously. CEO D ...

2025-05-02 01:39:08
Goldman Sachs updates conviction lists: Adds Johnson & Johnson and Axis Bank

Goldman Sachs updates conviction lists: Adds Johnson & Johnson and Axis Bank

Investing.com -- Goldman Sachs has refreshed its Conviction Lists for both the U.S. and Asia-Pacific regions, highlighting additions that reflect resilience, growth potential, and valuation upside. Johnson & Johnson (NYSE:JNJ) and Houlihan Lokey (NYSE:HLI) were added to the U.S. list, while Axis Bank (NSE:AXBK) joined the APAC roster alongside Horizon Robotics and NextDC.In the U.S ...

2025-05-02 01:38:10