Barclays has repeated its 'overweight' call and 430p price target for Haleon PLC (LSE:HLN, NYSE:HLN) following a solid set of second-quarter results.
In a note issued on Friday, it said that the consumer health group continues to deliver organic revenue growth ahead of expectations.
Reddit (NYSE:RDDT) shares popped more than 17% premarket as the social media platform’s second quarter earnings crushed Wall Street estimates.
Revenue surged 78% year-over-year to $500 million, ahead of estimates of $426.5 million.
Shell PLC's (LSE:SHEL, NYSE:SHEL) quarterly results may not have set pulses racing, but JP Morgan thinks they tell an important story about a company growing steadily more resilient, regardless of what oil and gas prices are doing.
After a stretch of relative underperformance, the shares have bounced back sharply this week, with the broker expecting further gains as investors digest the news.
Melrose Industries PLC (LSE:MRO, OTC:MLSPF) shares jumped as much as 7%, topping the FTSE 100 leader board, after the aerospace and defence specialist reassured markets by maintaining full-year guidance despite currency headwinds and tariff uncertainty.
Revenue rose 6% on a like-for-like basis to £1.72 billion, while adjusted operating profits surged 29% to £310 million, supported by margin improvements in both its Engines and Structures divisions.