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Ark Invest sees Tesla shares at $3,000 by 2025
Tesla shares surged on Monday after tech-focused investment manager Ark Invest said the price could hit $3,000 by 2025 in its base…
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Liberum ups price target on JD Wetherspoon, stays at ‘hold’
Liberum has upped its price target on JD Wetherspoon, but remains cautious about the scale and pace of the pub chain’s recovery.…
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Retail footfall rises ahead of lockdown anniversary – Springboard
Footfall across UK retail destinations rose last week as the anniversary of lockdown looms, driven by high streets, according to the latest…
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JP Morgan stays at ‘overweight’ for euro area stocks
Strategists at JP Morgan reiterated their ‘overweight’ stance on Eurozone and Japanese equities in 2021 and said they continued to expect that…
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UK’s green homes grant in need of rescue after ‘botched’ administration
MPs announced on Monday that the UK government’s scheme for green home insulation was botched by a disastrous administration and is in…
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Europe midday: Stocks rally on AstraZeneca US trial results
European shares turned positive by midday as positive results from AstraZeneca’s Covid vaccine trials in the US produced positive results, offsetting worries…
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Global stock markets nowhere near a ‘bubble’, Goldman Sachs says
Many of the ‘tell tale’ signs of a dangerous financial bubble are absent from global stock markets, despite the fact that they…
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Deutsche Bank downgrades IAG to ‘hold’
Deutsche Bank has downgraded International Airlines Group to ‘hold’ from ‘buy’ after a recent rally in the share price. The bank said…
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Johnson to call EU leaders over AstraZeneca vaccine row
British Prime Minister Boris Johnson was expected to speak to EU leaders on Monday in an effort to resolve the escalating row…
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UK probes Penguin’s $2.2bn takeover of Simon & Schuster
Britain’s competition regulator is investigating Penguin Random House’s $2.2bn ($1.6bn) takeover of Simon & Schuster. The Competition and Markets Authority said it…
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