The Latest Breaking News from Deutsche Bank

This week's Federal Reserve meeting will reveal the scope of rate-hikes and balance-sheet tightening expected this year. Stock market investors won't like it.

Germany's biggest lender Deutsche Bank said Friday it was following other international companies in shutting down its operations in Russia in protest of Moscow's invasion of Ukraine. "Like some international peers and in line with our legal and regulatory obligations, we are in the process of winding down our remaining…

Deutsche Bank analyst Lee Horowitz initiated coverage of Booking Holdings Inc (NASDAQ:BKNG) with a Buy rating and $2,512 price target, implying a 23.72% upside. The analyst predicts leisure travel demand in the 2022/2023 period will surpass 2019 levels on account of the rising savings rates and consumer demand. Lee Horowitz initiated coverage of Expedia Group Inc (NASDAQ:EXPE)…

Analysts painted a sharp upside to CrowdStrike Holdings Inc (NASDAQ:CRWD) after it reported a stronger than expected Q4 and initial FY23 growth outlook. ARR rose 65% Y/Y and grew to $1.73 billion, of which $216.9 million was net new ARR added in Q4. BTIG analyst Gray Powell upgraded to Buy from Neutral with a $257 PT (51.4%…

Labour’s Margaret Hodge says banks including Deutsche Bank, HSBC, JP Morgan and Credit Suisse have ‘moral duty’ to exit quickly

Most analysts slashed their price targets on Marvell Technology Inc (NASDAQ:MRVL) post Q4 results. Wells Fargo analyst Gary Mobley lowered the price target to $70 from $80 (7.5% upside) and maintained an Equal-Weight following the "respectable" beat and raise quarter.  Considering the upbeat results and the pullback in the equity markets & chip sector, Mobley says…

Deutsche Bank analyst Chris Woronka raised the price target on SeaWorld Entertainment Inc (NYSE:SEAS) to $83 from $74 and kept a Buy rating on the shares, implying a 29% upside. The theme park group "should be broadly owned" as a continuation of strong consumer spend on experiences, company-specific initiatives aimed at driving total per capita…

Deutsche Bank analyst Chris Woronka upgraded Six Flags Entertainment Corp (NYSE:SIX) to Buy from Hold with a price target of $57, up from $45, implying a 36.66% upside. The theme park group "should be broadly owned" as a continuation of strong consumer spending on experiences and company-specific initiatives aimed at driving total per capita spend…

Deutsche Bank cut the price target on Burlington Stores, Inc. (NYSE: BURL) from $288 to $235. Burlington Stores shares fell 13% to close at $203.12 on Thursday.