May 21, 2024
Finance

Is UPS Stock Going to $169? 1 Wall Street Analyst Thinks So

It’s fair to say Wall Street reacted lukewarmly to UPS‘ (NYSE: UPS) first-quarter earnings report. On the positive side, five of them nudged their price targets higher (with BMO Capital taking it to $169). Still, only one has a positive rating on the stock (Oppenheimer’s “outperform” rating). The rest remained at “hold/neutral/market perform.” UPS’s mixed

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Crypto

Pantera Capital posts 66% gain for crypto fund last quarter, despite selling Bitcoin: Bloomberg

Markets • April 6, 2024, 1:08PM EDT Published 1 minute earlier on Pantera Capital, the $5.2 billion asset manager which was the first to focus exclusively on blockchain technology and digital assets, has posted a 66% gain for its Liquid Token Fund over the first quarter of 2024.  The gains were led by Solana and

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Finance

Analysts Have Made A Financial Statement On WashTec AG’s (ETR:WSU) Yearly Report

WashTec AG (ETR:WSU) came out with its yearly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. Results were roughly in line with estimates, with revenues of €489m and statutory earnings per share of €2.09. This is an important time

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Loans

New York Community Bancorp Stock Tanks as It Posts Sharp Loss, Slashes Dividend

New York Community Bancorp reported a surprise loss as it wrote down bad real estate loans, sending its stock tumbling Wednesday and dragging down the share prices of regional banks across the country. “This was a major negative surprise,” Jon G. Arfstrom, an analyst at RBC Capital Markets, said in a Wednesday note. New York

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