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Barclays and Goldman Sachs have updated their forecasts for the U.S. Federal Reserve's interest rate cut, now expecting it in July instead of June. This change follows a strong jobs report showing a significant rise in nonfarm payrolls for April, with the unemployment rate steady at 4.2%. The labor market continues to demonstrate resilience and consistent growth.
Barclays and Goldman Sachs have revised their expectations for the next U.S. Federal Reserve interest rate cut to July, following a stronger-than-anticipated jobs report. Nonfarm payrolls rose more than expected in April, while the unemployment rate remained steady at 4.2%.
Barclays PLC, a leading British banking group, operates in three sectors: commercial banking, financing and investment banking, and credit card issuance. By the end of 2024, it managed GBP 547.5 billion in deposits and GBP 337.9 billion in credits, with income distribution of 52% from the UK, 32.7% from the Americas, and smaller contributions from Europe, Asia, and Africa.
Barclays and Goldman Sachs anticipate that the U.S. Federal Reserve will implement its next interest rate cut in July, following a stronger-than-expected jobs report. This outlook reflects a shift in economic conditions that may influence monetary policy decisions.
Barclays PLC, a leading British banking group, operates in three sectors: commercial banking, financing and investment banking, and credit card issuance. By the end of 2024, it managed GBP 547.5 billion in deposits and GBP 337.9 billion in credits, with income distribution of 52% from the UK, 32.7% from the Americas, and smaller contributions from Europe, Asia, and Africa.
Barclays and Goldman Sachs have revised their expectations for the next U.S. Federal Reserve interest rate cut to July, following a stronger-than-anticipated jobs report. Nonfarm payrolls rose more than expected in April, while the unemployment rate remained steady at 4.2%.
Barclays analyst Mario Lu has raised Duolingo's price target to $375 from $330, maintaining an "Equal-Weight" rating, indicating the company is expected to perform in line with its peers. The average price target from 17 analysts is $383.49, suggesting a potential downside of 16.69% from the current price of $460.32, while the consensus recommendation from 23 brokerage firms indicates an "Outperform" status.
Barclays has adjusted its price target for Columbia Sportswear (COLM) from $64.00 to $62.00, maintaining an "Equal-Weight" rating. The average target price from eight analysts is $70.63, suggesting a potential upside of 19.59% from the current price of $59.06. Additionally, GuruFocus estimates a fair value of $89.73 for the stock, indicating a possible upside of 51.94%.
On May 2, 2025, Barclays analyst Brandon Oglenski maintained an "Equal-Weight" rating for Canadian National Railway (CNR) while lowering the price target from CAD 150.00 to CAD 145.00, reflecting a 3.33% decrease. In contrast, analysts forecast a one-year average target price of $139.00 for Core Natural Resources Inc (CNR), indicating a potential upside of 91.84% from its current price of $72.46, with a consensus recommendation of "Outperform."
Barclays analyst Peter Lawson has maintained an "Overweight" rating on Arvinas (ARVN) while slashing the price target from $32.00 to $16.00, reflecting a 50% decrease. Despite this adjustment, the average target price from 17 analysts stands at $31.88, indicating a potential upside of 353.20% from the current price of $7.04. The consensus recommendation from 21 brokerage firms remains at "Outperform," with a GF Value estimate of $45.90 suggesting a 552.45% upside.
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