Deutsche Bank Research has raised the target price for K+S from 13 to 13.50 euros and left the rating at Hold. Analyst Tristan Lamotte adjusted his valuation model to the first quarter results in his.
U.S. indexes saw muted openings as investors await Nvidia's earnings and Fed policy updates. Fed officials remained cautious about inflation, impacting market sentiment. Nvidia's earnings could trigger significant market moves. Technology stocks rose, while specific companies like Peloton and Li Auto faced drops due to financial concerns.
The Nasdaq fell as investors grew cautious ahead of Nvidia's earnings and Fed officials signaled no immediate rate cuts. Nvidia dropped 1.3%, dragging the Philadelphia SE Semiconductor index down 1.2%. The S&P 500 saw information technology stocks lead the decline, impacted by broader market sentiment.
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Idanna Appio spent 15 years at the Federal Reserve Bank of New York analyzing the history of sovereign debt crises. Now, as a fund manager at the $138 billion First