Target Financial News

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Stanley Black & Decker, Green Dot, Deckers Outdoor, and EOG Resources.

Tata Steel with a target price of Rs 150. The current market price of Tata Steel Ltd.

Hindustan Zinc with a target price of Rs 325. The current market price of Hindustan Zinc Ltd.

Arvind with a buy rating, HSBC upgraded Colgate Palmolive India to a buy from hold earlier while it downgraded Nestle India to hold. Centrum Institutional Research initiated coverage on Ugro Capital with a buy rating. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: SPARK on Arvind: Buy| Target Rs 352 SPARK initiated coverage on Arvind with a target price of Rs 352.

Life Insurance Corporation of India with a target price of Rs 916. The current market price of Life Insurance Corporation of India is Rs 797.5. Life Insurance Corporation of India, incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 506980.19 Crore) operating in Financial Services sector.

By Jessie Pang and James Pomfret

Investing.com-- Chinese industrial production grew more than expected in November, indicating that manufacturing output remained steady even as local and overseas demand continued to trend lower. 

By Maha El Dahan, David Stanway and Valerie Volcovici

US bond yields staying higher for longer, the Federal Reserve may reverse its ongoing quantitative tightening (QT) and resort to liquidity injections by either May or June next year to avert major disruptions in the global financial system, Neelkanth Mishra, chief economist, Axis Bank, said in an interview to Gayatri Nayak and Bhaskar Dutta. Edited excerpts: What is your view on global liquidity in view of the strong strides towards QT that the Fed has taken? When can we expect any change in the RBI's management of domestic liquidity? Once the RBI feels comfortable that now the Fed will keep easing for a while, it will allow them to go easier. When that happens is a much tougher question. My sense is the late second quarter of the calendar year 2024. So, maybe a May-June timeframe. By then, we should start to see some stresses showing up. There are some indicators; we have started seeing shortages in dollars outside the US. But for things to reach a point where the Fed is forced to intervene again could be in May or June.

NEW DELHI : The wait for India’s new industrial policy just got longer with the government expected to take a fresh look at it following global supply chain shifts, greater urgency on the green agenda, and geo-political developments, two people aware of the matter said. Late last year, the Union commerce ministry had circulated the draft of Industrial Policy 2022—Make in India for the World, aimed to replace the 1991 policy. The draft aimed to address challenges faced by the industry through policy measures to foster and create an innovative and competitive ecosystem.

₹6,005 per bbl, having swung between ₹5,797 and ₹6,020 per bbl during the session so far, against a previous close of ₹5,781 per barrel. Also Read: India bought Russian oil at $84.2/bbl in October, highest since December 2022: Report -IEA's 2024 oil demand estimate is less than half the forecast of the Organization of the Petroleum Exporting Countries and its allies (OPEC+). A weaker dollar after the US central bank signalled lower borrowing costs for 2024 also boosted oil prices.

By Kylie Madry

Three major U.S. retailers — Amazon, Target and Walmart — say they’re suspending sales of water-bead products marketed to young children due to growing safety concerns

Josh Jacobs, left fans and fantasy managers on edge during Week 14, exiting the game against the Minnesota Vikings with a quad injury. As the Raiders face the Los Angeles Chargers in Thursday Night Football for Week 15, Jacobs is labeled as «questionable,» with the possibility of a last-minute return despite missing practice due to his quad ailment.

The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few h...

DFW housing and macroeconomics analyst Amy Nixon discusses the future of the housing market on «Making Money.»

Bitcoin’s recent price surge beyond $42,000 marks a significant turnaround in its market trajectory, particularly in light of dovish signals from the US Federal Reserve.

Four individuals have been charged by the Department of Justice for their alleged roles in a scheme designed to launder millions in proceeds of a cryptocurrency investment scam, according to a recently unsealed indictment.

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The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, a sign that it is likely done raising rates after having imposed the fastest string of increases in four decades to fight painfully high inflation.

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