Oppenheimer Adjusts Price Target on Bank of America to $51 From $50, Maintains Outperform Rating

MT Newswires07:10 ET · Ratings

Warren Buffett Stands Tall as U.S. Stocks Tumble: How the 'Oracle' Is Tackling Tariff Impacts?

Moomoo News Global06:10 ET

Bank of America Securities: Raised HANSOH PHARMA's Target Price to 29 Hong Kong dollars and reiterated a "Buy" rating.

Bank of America Securities released a Research Report stating that HANSOH PHARMA (03692) saw a 76.9% surge in sales of almonertinib in the first two months of this year, driving strong sales performance for the company. As a result, the revenue forecasts for 2025, 2026, and 2027 have been raised by 1.9%, 2.5%, and 2.7% respectively, and the Target Price has been increased from HKD 24.8 to HKD 29. Due to its robust R&D capabilities and the expansion of indications for existing major products, the rating is reiterated as "Buy."

Sina Hong Kong stocks04:49 ET

Market Technical Analysis: Will the US Stock Market's Rebound Ignite Your Next Trade?

Moomoo News Global04:46 ET

Bank of America Securities: Downgraded Great Wall Motor's Target Price to 12.8 HKD as the first quarter performance was below expectations.

Bank of America Securities released a Research Report stating that Great Wall Motor (02333) plans to launch several new models this year to increase sales. Considering the first quarter performance, Bank of America adjusted the sales forecast for this year to 2027 down by 0.3% each, the gross margin forecast decreased by 2.5, 2.3, and 1.6 percentage points respectively, and the net income forecast was lowered by 15%, 10%, and 8% respectively. The bank lowered the Target Price for Great Wall Motor's H shares from HKD 14.6 to HKD 12.8, maintaining a "Neutral" rating. The company's sales in the first quarter decreased by 7% year-on-year to 40 billion yuan (same below), and sales volume also decreased by 7% year-on-year, mainly due to the period.

Sina Hong Kong Stocks02:36 ET

Trump's promise of "unprecedented prosperity" is still fresh in memory, yet the U.S. stock market has been left battered and bruised in his first 100 days in office.

Donald Trump promised that if he was elected President of the USA, he would lead Americans to unprecedented prosperity. However, judging by the performance of US stocks in the first 100 days of his presidency, this 'prosperity' is open to interpretation. The market's experience during this time can certainly be described as explosive, but it has not unfolded as investors expected. April 30 marks 100 days since Trump took office. Despite the recent increase, the S&P 500 Index has fallen about 8% since Trump's inauguration, which is set to become the worst performance of US stocks within the first 100 days of a president since Gerald Ford took over the White House in 1974.

Global Market Report00:07 ET