Market Reacts to Analyst Ratings, Geopolitical Tensions, and Bond Auctions
Key TakeawaysJPMorgan Chase & Co. (JPM) has significantly raised its target price for United Airlines (UAL) to 122, signaling increased confidence in the airline sector.Piper Sandler has lowered its target price for Adobe Inc. (ADBE) to 500, reflecting a more cautious outlook on the software giant.Japan's 3-month treasury bill auction cleared at a lowest price of 99.8890, with an average of 99.8928, indicating continued demand for safe-haven assets.China's Finance Ministry plans to reo ...