Standard Chartered PLC (LSE:STAN) shares are in focus ahead of a closely watched investor day on 19 May, with JP Morgan raising its price target on the emerging markets-focused bank and flagging expectations of ambitious new profitability targets to 2028. Analyst Kian Abouhossein, who carries an overweight rating on the stock, lifted his price target to 2,220p from 2,200p after increasing earnings per share estimates by 2-3%, driven by stronger revenues and lower costs in his model.
Morgan Stanley raised its price target on IonQ (NYSE:IONQ | IONQ Price Prediction) to $47 from $37, while keeping an Equal Weight rating.
Morgan Stanley raised its price target on Caterpillar (NYSE:CAT | CAT Price Prediction) to $915 from $430, while upgrading the stock to Equal Weight from Underweight.
The software sell-off of early 2026 did not happen because earnings suddenly fell apart. It happened because investors started to wonder whether AI could make big chunks of traditional SaaS less valuable, or even obsolete.
KMI tops ET, its midstream rival with stronger price gains, improving earnings outlook and lower debt use.
Bank sits 5-10% below consensus on core earnings from 2027, citing need for pipeline success and new launch execution JP Morgan has retained its underweight rating on GSK PLC (LSE:GSK, NYSE:GSK) with a June 2027 price target of £17, arguing that near-term earnings upgrade potential is limited and that the pharmaceutical group's longer-term outlook remains contingent on pipeline success and the execution of new product launches. Analyst Zain Ebrahim made modest forecast changes following GSK's first-quarter 2026 results, including foreign exchange-related adjustments of 0% to 1% to sales forecasts across 2026 to 2031 and upgrades of 1% to 2% to core operating profit estimates.
Kinder Morgan delivered strong Q1 '26 results, with EBITDA up 18% and a $10B expansion backlog, driven by robust natural gas demand. KMI's natural gas segment, supported by fee-based contracts, underpins earnings growth and a dividend coverage ratio estimated at 2.72X for Q1 '26. Shares trade at 11.9X EV/EBITDA, below the industry average, implying 7.1% revaluation potential and a fair value target of $34 per share.
Morgan Stanley Investment Management (MSIM) has launched a new government money market fund designed to meet the needs of payment stablecoin issuers that are looking to invest the reserves that back their outstanding payment stablecoins.
Morgan Stanley downgraded Freeport-McMoRan (NYSE:FCX | FCX Price Prediction) to Equal Weight from Overweight and cut its price target to $66 from $70, pointing to a slower production ramp at the company's Grasberg Block Cave mine in Indonesia.
Kinder Morgan NYSE: KMI is well-positioned as a leading middleman for natural gas markets. While its business is diversified across energy markets, the focus is on natural gas, and demand is swelling.
Kinder Morgan delivered a standout Q1. KMI's earnings surge is nonrecurring. Guidance remains unchanged.
KMI's bottom line beats Q1 2026 estimates as Natural Gas Pipelines drive earnings, with strong volumes and a $10.1B backlog supporting growth outlook.