The Latest Breaking News from Barclays

Last year’s hopes of a return to normal will largely be absent from this week’s downbeat set of UK lenders’ results

Barclays analyst Raimo Lenschow maintained Qualtrics International Inc (NASDAQ:XM) with an Equal-Weight and lowered the price target from $32 to $30 after its Q1 beat. Lenschow did not see considerable upside despite its continued performance, especially in terms of billings and net retention as the stock traded at a premium versus peers who saw…

Credit Suisse slashed its price target for PayPal Holdings Inc (NASDAQ:PYPL) to $155 from $190 (55.5% upside) and reiterated Outperform. The re-rating followed model updates and increased levels of uncertainty stemming from multiple factors. Also Read: Read Barclays' Take On Visa, Mastercard, PayPal Amid Present Macro Environment The factors included CFO departure, inflationary pressures on…

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A vacant branch was recently given a license to become a bar

Rebellions loom as Glass Lewis advises banks’ shareholders to reject higher base pay and excessive pensions

Barclays analyst sess a modest deceleration in Q1 card-present spending and mixed global online volume growth (both on a 2019 CAGR basis).  Despite the slowdown, it believes that the card spending environment remains healthy, which should be a plus for networks/acquirers/processors. 

Barclays has decided to maintain its Equal-Weight rating of Netflix (NASDAQ:NFLX) and lower its price target from $425.00 to $380.00. Shares of Netflix are trading up 1.85% over the last 24 hours, at $350.45 per share. A move to $380.00 would account for a 8.43% increase from the current share…

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