Deutsche Bank has reaffirmed its 'buy' rating on AJ Bell PLC, setting a target price of 700p due to robust growth in direct-to-consumer customers, which rose 7% quarter-on-quarter and 30% year-on-year in Q3. This growth is driven by effective marketing efforts, including a recent brand refresh, with the lifetime value of new customers exceeding acquisition costs. Deutsche Bank supports AJ Bell's strategy to increase marketing investment in 2027, balancing short-term profit margins around 40% with long-term revenue and profit growth potential. The bank views marketing spend as a short-term margin challenge that supports sustainable value creation.
Argus Research increased its price target for NetApp to $225, citing a 13.5% potential upside from the current price of $198.18. NetApp reported strong fiscal Q1 2027 results with revenues up 29.9% to over $2 billion and non-GAAP EPS rising 66.5% to ...
New Jersey American Water received approval for rate increases that will add $68 million annually to its revenue. This funding supports over $1.4 billion in critical infrastructure upgrades, including replacing aging water mains and improving treatme...
MoneyHero Limited reported Q3 2026 earnings with an EPS of -$0.03 and revenue of $15.75 million, missing analyst estimates. The company is shifting strategy to offer more cash rewards to attract users, which has lowered immediate revenue and resulted...
Ryde Group Ltd faces a class action lawsuit after its stock price collapsed following a suspected fraudulent pump-and-dump scheme. The complaint alleges that the company and insiders used social media misinformation and offshore accounts to inflate t...
Restaurant Brands International (RBI) announced it will renew its normal course issuer bid, allowing it to repurchase up to $1 billion of its common shares through September 30, 2027. The company can buy up to 34.4 million shares, about 10% of its pu...
