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07:23
Citi lowers Nike's target price to $53
Glonghui, April 2|Citi has lowered Nike's target price from $65 to $53, maintaining a "Neutral" rating.
07:23
Economist: Whether the yen can "recover" depends on the communication logic between the government and the central bank
Golden Ten Data reported on April 2 that economist Hideo Kumano stated that the relationship between the Bank of Japan and Prime Minister Sanae Takaichi will determine whether the next interest rate hike can successfully boost the yen. Kumano pointed out: "If the Takaichi administration criticizes the Bank of Japan's interest rate hike, the momentum to reverse the yen's depreciation will be weakened." Although Sanae Takaichi is considered to favor a loose monetary policy, addressing the rising cost of living is one of her administration's most important issues. With energy prices soaring, this task is becoming increasingly complex. Currently, overnight index swap market pricing shows a 70% probability of a Bank of Japan rate hike in April.
07:20
Bank of America raises Marvell Technology's target price to $125
Glonghui April 2|Bank of America has raised the target price for Marvell Technology from $110 to $125, maintaining a "Buy" rating. (Glonghui)
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