Target Financial News

Morgan Stanley analysts maintained an Overweight rating on Novo Nordisk (NYSE:NVO) in a note Tuesday ahead of the SELECT trial data. The analysts raised the price target on the stock from DKr 1,210 to DKr 1,370 per share.

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Target, Certara, Xcel Energy, and Evercore Partners.

Evera), the company said on Tuesday. «The collaboration will feature an integration of 200 EV charging points super hub in Delhi.

rice fortification programme before the scheduled target of March 2024, a top food ministry official said on Tuesday. Prime Minister Narendra Modi, in his Independence Day address in 2021, said the government aims to distribute fortified rice via the government schemes by 2024. Thereafter, a scheme for the distribution of fortified rice, containing prescribed micronutrients (Iron, Folic Acid, Vitamin B12) was launched in October 2021 in a phased manner in order to address the problem of anaemia in children and women. In April 2022, the Cabinet Committee on Economic Affairs (CCEA) approved the supply of fortified rice throughout the Public Distribution System (PDS), Integrated Child Development Services (ICDS), Pradhan Mantri Poshan Shakti Nirman-PM POSHAN (erstwhile Mid-Day Meal Scheme) and other welfare schemes in all states and Union Territories (UTs) by 2024 in a phased manner. The entire cost of rice fortification, which is around Rs 2,700 crore per annum, would be borne by the Centre as part of the food subsidy till its full implementation up to June 2024. «We had planned to complete the universalisation of fortified PDS rice by March 2024.

As leading Ethereum layer-2 scaling solution Optimism (OP) enters 5th day of recovery rally, investors are asking is it too late to buy optimism - but significant resistance levels could mark end of upside moves - find out more in OP price analysis.

₹2,000 crore to bring new extrusion and fabrication technologies to India that are critical to building Vande Bharat trains in the country, Kumar Mangalam Birla, chairman, Hindalco Industries Limited, said at the company’s 64th annual general meeting (AGM). “We are even more excited to partner Indian Railways and the passenger coach manufacturing ecosystem for the ambitious high-speed Vande Bharat trains.

Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.

Conventional wisdom has it that the Bank of Canada is not done raising interest rates. Statistics Canada reported last week that year-over-year increases in the consumer price index accelerated to 3.3 per cent in July from 2.8 per cent in June, despite a staggering numbers of rate hikes since early 2022.

Arvind Kejriwal, his party colleague and AAP Rajya Sabha MP Sanjay Singh to expeditiously hear their application challenging summons issued to them by a trial court in a criminal defamation case pertaining to their remarks on Prime Minister Narendra Modi's degree. The court of sessions judge A V Hirpara rejected the Aam Aadmi Party (AAP) leaders' plea for expeditious hearing in the case filed against them by Gujarat University over their «sarcastic» and «derogatory» statement in connection with the prime minister's degree. Kejriwal, who is also the AAP convenor, and Singh had on Monday requested the sessions court to hear their plea, challenging the summons by the metropolitan court, expeditiously after it adjourned the hearing to September 16. Through their lawyer, the AAP leaders requested the court to hear their plea before the connected matters come up for hearing in the Gujarat High Court on August 29, and in the metropolitan court on August 31. Kejriwal and Singh had approached the HC for a stay on the criminal defamation proceedings against them till the disposal of their revision plea in the sessions court. The HC, had on August 11, issued notices to the state government and Gujarat University registrar Piyush Patel returnable on August 29.

Hindalco Industries Limited has joined hands with Indian Railways to invest around ₹2,000 crore to bring new extrusion and fabrication technologies to India, Kumar Mangalam Birla, chairman, Hindalco Industries Limited, said at the company’s 64th annual general meeting (AGM). “We are even more excited to partner Indian railways and the passenger coach manufacturing ecosystem for the ambitious high-speed Vande Bharat trains.

FMCG) companies during Q1 have highlighted continued signs of rural recovery, boosting volume growth, according to domestic brokerage Axis Securities, following the April-June (Q1FY24) earnings season. Companies have indicated that volume growth is anticipated to pick up gradually, the brokerage added, even though a full recovery in rural areas would take a few more months. Due to the stability of the pricing of essential raw materials such as palm, packaging, and petroleum, most companies have shown sequential improvement in their gross margins.

RBI is warranted on inflationary pressures which may remain elevated in coming months due to global uncertainty and domestic disruptions, finance ministry said in its latest monthly economic review. The warning about price pressures comes in the context of consumer price index (CPI) based inflation hitting 7.4% in July, way above the RBI's tolerance range, posing a headache to policy makers. Prime Minister Narendra Modi led NDA government, which will seek a return to power at next year's national polls, has already imposed export restrictions on rice and wheat and resorted to administrative steps and import of onion to cool local prices.

Mamata Banerjee on Tuesday launched an onslaught on the BJP-ruled Centre, asserting that while Prime Minister Narendra Modi speaks of taking along everybody, he «attacks» opposition-ruled states, and added for good measure that her party members are being targeted by central agencies «without reason». She also said that the Jadavpur University student's death after ragging and sexual harassment has opened «our eyes» and the state government was starting a police helpline to counter the menace. Banerjee, who was speaking at a meeting with organisers of Durga Puja celebrations in the state, also announced an increase in grant-in-aid that the state government gives to Puja committees to Rs 70,000. «Our people are being targeted by central agencies without reason.

Chandrayaan-3 lander will face a pivotal moment in its mission to achieve a soft lunar landing. During the final 15 minutes of its descent onto the Moon's surface, the lander must transition from a high-speed horizontal position to a vertical one.

Leading DeFi bridge THORchain (RUNE) has entered major retracement following a sensational rally that swept markets - but with worried bag-holders asking whether THORchain is going to zero, lets dig into RUNE price analysis and find out what's going on.

Li Xiang, the CEO of Li Auto (NASDAQ:LI), initiated a collection of business startup courses on China's Dedao platform on Monday with a goal of tapping into a broader range of customers and demonstrate the company's expertise.

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: Initiation at Restaurant Brands, and upgrades at AppLovin, Aramark, and Insulet.

Paul Krugman, the winner of the Nobel Memorial Prize in Economic Science, wrote on X (formerly Twitter) that he agreed with Jason Furman's call for a 3 per cent inflation target. However, he added that if the 3 per cent target is right, the war against inflation was already won. "I agree with Jason Furman's call for a 3 per cent inflation target — the rationale for 2 per cent has been overtaken by a couple of decades' experience (and many of us have been saying this for a while).

Hartek Solar, which has recently been named among the top 3 rooftop solar installers in India by Mercom in CY 2022, is betting on floating solar. While talking to ET.com's Anil Satapathy, Simarpreet Singh, Executive Director, Hartek Group, said that floating solar power could be a game changer in the future. Simarpreet also talked about the company's hydrogen plans, PLI scheme, and other aspects of India's renewable industry.