Investing.com -- Truist upgraded Oshkosh (NYSE:OSK) Corp to Buy from Hold and raised its price target to $127 from $93, citing a compelling valuation, strong backlog in the vocational segment, and trough-level defense margins poised to recover.“Oshkosh is the cheapest name within our Machinery coverage universe,” the firm wrote, pointing to the stock trading at just 8.3x forward earnings ...
Investing.com -- Shares of Incyte (NASDAQ:INCY) climbed 7% today after the biopharmaceutical company announced that multiple presentations, including new late-breaking data for its monoclonal antibody INCA033989, have been accepted for presentation at the upcoming European Hematology Association (EHA) congress.The company’s press release detailed that the late-breaking oral presentation will sho ...
By Rajesh Kumar Singh, Shivansh Tiwary and Tim Hepher NEW DELHI (Reuters) -Global airlines wrapped up a two-day summit on Tuesday sticking to a target of net zero emissions by 2050, but voicing fresh worries about the availability of greener fuels and new planes. The International Air Transport Association, which represents about 350 airlines, said hitting the target would cost carriers $4.7 trill ...
Investing.com -- Moody’s Ratings has announced a downgrade of Azul S.A.’s corporate family rating (CFR) to Ca from Caa2. The downgrade extends to Azul Secured Finance LLP and Azul Investments LLP, with the rating of the backed senior secured first lien debt due 2028, the backed senior secured debts due 2029 and 2030, and the backed senior unsecured debt ratings all downgraded to Ca from Caa3. ...