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17/05/2025
Canadian investment bank group: Maintains IREN (IREN.US) rating, adjusted from buy to buy rating, target price adjusted from $23.00 to $23.00.
Latest
4 m ago
Keith Lerner, Co-Chief Investment Officer at Truist Advisory Services, said, "I don't think this changes the game but it does provide an excuse for investors to take some profits. However, it does highlight the possibility of deficits rising."
4 m ago
Institution discusses Moody's downgrade of US credit rating: highlighting the possibility of increasing deficits.
6 m ago
Strategist talks about Moody's downgrade of US credit rating: It is expected that the stock market will experience a round of profit taking after a strong rebound.
6 m ago
Michael O'Rourke, the chief market strategist at JonesTrading, said, "I expect the stock market to experience a round of profit taking after a strong rebound. When Standard & Poor's downgraded the US credit rating in 2011, US Treasury bonds were initially sold off, but then safe-haven buying emerged and bond prices began to rise."
6 m ago
Dan Greenhaus, Chief Market Strategist at Solus Alternative Asset Management LP: "The United States is currently facing a massive peacetime budget deficit that we may have never seen in our lifetime. But we all know this. Moody's did not tell us any new news."
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