BMO Capital raises Magna Int’l stock price target to $52 on favorable 2026 outlook

BMO Capital has reaffirmed its Market Perform rating on Progressive stock, indicating a steady outlook for the company. This decision reflects the analysts' belief that Progressive's performance will remain stable in the current market conditions. Investors may find this information useful as it suggests that while there may not be significant growth expected, the stock is also not likely to decline sharply, making it a potentially safe investment.

LyondellBasell's stock has seen a notable rise following BMO Capital's decision to maintain its rating after the company reported better-than-expected earnings. This positive news reflects investor confidence in LyondellBasell's performance and growth potential, making it a significant development in the stock market.

RBC Capital has raised its price target for Magna International from $47 to $48, reflecting a positive outlook on the company's performance. This adjustment indicates confidence in Magna's growth potential and could attract more investors, highlighting the company's resilience in the automotive sector.

BMO Capital has lowered its price target for Dominion Resources' stock to $65, citing concerns over the timeline for the company's Clean Virginia Offshore Wind (CVOW) project. This adjustment reflects a cautious outlook on the company's future performance, which could impact investor confidence and market dynamics. Understanding these shifts is crucial for stakeholders as they navigate the complexities of the energy sector.

BMO Capital has lowered its stock price target for DuPont to $50 following the recent spin-off of Qnity. This adjustment reflects concerns about DuPont's future performance and market position after the separation. Investors are closely watching how this change will impact DuPont's operations and profitability, making it a significant development in the stock market.

Replimune's stock rating has been upgraded by BMO Capital, reflecting a more favorable outlook from the FDA regarding its products. This upgrade is significant as it indicates growing confidence in Replimune's potential to succeed in the market, which could lead to increased investor interest and potentially higher stock prices. Such positive news can boost the company's reputation and attract more partnerships and funding.

BMO Capital has downgraded Probe Gold's stock following the announcement of Fresnillo's acquisition. This move reflects concerns about the potential impact on Probe Gold's market position and investor confidence. Such downgrades can influence stock performance and investor sentiment, making it a significant development for stakeholders in the mining sector.

Lily Allen made a striking appearance at the CFDA awards, wearing a sheer outfit that paid homage to Princess Diana's iconic revenge dress. This fashion choice comes amid her recent split from actor David Harbour, showcasing her resilience and style. The moment is significant not only for its fashion statement but also for how it reflects Allen's ability to embrace her individuality during a challenging time.

Chancellor Reeves is preparing for a challenging Budget announcement on November 26, where economists anticipate tax increases. This matters because it reflects the government's approach to managing the economy and addressing financial pressures, which could impact citizens and businesses alike.

Sir Alan Bates has successfully reached a settlement regarding the Post Office scandal, which involved a group of 555 subpostmasters. This landmark legal action is significant as it highlights the injustices faced by these individuals and sets a precedent for accountability in corporate practices. The resolution of this case not only brings closure to those affected but also emphasizes the importance of transparency and fairness in the postal service.

The British pound has fallen to its lowest level since April, as investors brace for potential tax increases following a speech by Chancellor Rachel Reeves. This development is significant as it signals tighter budgets and possible economic challenges ahead, raising concerns about the financial landscape in the UK. Investors are reacting to the implications of Reeves' remarks, which suggest a shift in fiscal policy that could affect both individuals and businesses.

Walmart is currently offering a fantastic deal on a treadmill, slashing the price from $600 to just $296. This treadmill comes packed with features like over 64 preset workout options, Bluetooth speakers, and a charging port, making it a great addition for anyone looking to enhance their home fitness routine. This sale not only makes high-quality fitness equipment more accessible but also encourages healthier lifestyles.

Primark's sales in the UK have taken a hit as its parent company, ABF, considers spinning off the fashion retailer from its food brands. This move comes amid a trend of UK shoppers reducing their spending on fashion, highlighting the challenges faced by retailers in a changing economic landscape. The decision could significantly impact Primark's future and its ability to adapt to shifting consumer preferences.