Market Movements: Analyst Adjustments and Strategic Expansions Shape Global Landscape
Analysts adjusted price targets for key companies like Mosaic and 3M, impacting market dynamics. Nexxen strengthened its partnership with Tubi in the UK, while Softcat reported increased profit expectations. Concerns over UK audit backlogs arose, questioning financial clarity, whereas Singaporean stocks surged ahead of the US Federal Reserve's policy decision. Barclays and Baird provided upgrades for Mosaic and RTX, respectively.