Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) drew a fresh bearish call from Barclays, which reinstated coverage with an Underweight rating and a $130 price target on Wednesday.
Seagate Technology (NASDAQ:STX | STX Price Prediction) stock just earned a vote of confidence from Barclays, with analyst Tom O'Malley upgrading the stock to Overweight from Equal Weight and raising his price target to $625 from $425.
Eagle Global Advisors LLC grew its holdings in shares of Barclays PLC (NYSE: BCS) by 71.9% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 253,653 shares of the financial services provider's stock after buying an additional 106,133 shares during the quarter. Eagle Global Advisors
Hertz Global Holdings (NASDAQ:HTZ) stock is down 9% in midday trading on Tuesday, sliding from $7.81 to $7.11.
Barclays is moving ahead with its plans in Saudi Arabia, despite the war in Iran, Barclays Group Chief Executive C.S. Venkatakrishnan said Thursday (April 16).
Alibaba (NYSE:BABA | BABA Price Prediction) stock is drawing renewed Wall Street attention after Barclays trimmed its price target to $186 from $190 while maintaining an Overweight rating on the shares.
Barclays has picked out IAG and Ryanair as its preferred names in Europe's airline sector and argued that elevated fuel costs are doing more than squeezing margins. They are beginning to redraw the competitive map.
Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) stock got a fresh vote of confidence on Thursday when Barclays raised its rating to Overweight, signaling that the firm sees meaningful runway ahead for one of the semiconductor sector's most AI-exposed names.
Coinbase Global (NASDAQ:COIN | COIN Price Prediction) stock received an Underweight rating from Barclays on Wednesday as the firm initiated coverage with a $140 price target.
Barclays has defended Unilever PLC's (LSE:ULVR) decision to sell its Foods division to American spice giant McCormick, arguing that investor frustration with the deal's complexity is understandable but likely to fade over time. Both Unilever and McCormick shares have fallen around 8-9% since the deal was announced on 31 March, an unusually poor reception given that transactions of this kind rarely leave both parties worse off immediately.
Barclays has downgraded Future PLC (LSE:FUTR), the digital media and magazine publisher, from 'overweight' to 'equal weight' and cut its price target by 55% to 285p from 640p, after a profit warning triggered sweeping reductions to earnings forecasts stretching out to 2028. Shares in Future were off 7% in late morning trading at 276p and have fallen 36% in the past week.
As Dow Jones slides into the “correction territory” and the benchmark S&P 500 index logs its fifth consecutive week of losses, investors are increasingly desperate for a port in the storm. According to Barclays' senior analyst Andrew Ferremi, the market has shifted into a new, volatile era where geopolitical tensions, oil price spikes, and AI-driven disruption are “no longer episodic shocks but persistent features of the investment landscape.