UBS initiated coverage on Penumbra (NYSE:PEN), a medical technology company, with a Buy rating and a price target of $305.00. Trading at $263.69 and with a market capitalization of $10.12 billion, the stock is currently near its 52-week high of $277.

BMO Capital Markets forecasts the S&P 500 will reach 6,700, reflecting a gain of 13.2%. Chief investment strategist Brian Belski said he and his team "remain resolutely bullish," but expect "performance and fundamentals will more closely match the historical norms -- namely, in the high-single digit/low-double-digit percentage range in 2025."

UBS Group AG Chief Executive Officer Sergio Ermotti said the bank is pushing back against the Swiss government’s proposals to make it hold substantially more capital, arguing that the design of new rules is over the top and will hurt competitiveness.

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Webster Financial (WBS – Research Report),

Street Talk understands Hong Kong’s Chow Tai Fook has tapped investment banks UBS and RBC Capital Markets for advice. How much Alinta’s owners are looking to part with is unclear, but Chow Tai ...

On Friday, Exelixis Inc (EXEL) stock saw a decline, ending the day at $36.2 which represents a decrease of $-0.35 or -0.96% from the prior close of $36.55. The stock opened at $36.76 and touched a low of $35.99 during the day, reaching a high of $36.92. The volume of shares traded was 2.86 million exceeding the average volume of 2.27 million.

Vistra Corp. (NYSE:VST – Get Free Report) has received an average recommendation of “Buy” from the ten analysts that are covering the company, MarketBeat reports. Ten investment analysts have rated the stock with a buy recommendation.

Australian mining giant BHP is ramping up its output of copper, one of the most sought-after metals in the clean energy shift.

UBS analyst Gregor Kuglitsch maintained a Buy rating on Ibstock (IBST – Research Report) today and set a price target of p210.00. The company’s

Procyon Advisors LLC increased its position in shares of PotlatchDeltic Co. (NASDAQ:PCH – Free Report) by 37.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,241 shares of the real estate investment trust’s stock after buying an additional 2,

In a report released on January 15, Nik Modi from RBC Capital maintained a Hold rating on Colgate-Palmolive (CL – Research Report), with a

Oil Headed for Weekly Gains on Supply Disruption Fears -- Market Talk