Published on 18 Jun 2024 on Insider Monkey · via Yahoo Finance
We recently compiled the list of the 10 Stocks Upgraded by Wall Street Analysts. In this article, we are going to take a look at where Barnes Group Inc. (NYSE:B) stands against the 10 stocks whose price targets were recently raised by analysts. But first, we are going to take a look at what the markets are doing.
Global financial markets reacted with volatility today as the yen stumbled against the dollar, marking a significant decline after the Bank of Japan's cautious stance on reducing bond purchases. European stock futures, in contrast, showed signs of recovery following Thursday's substantial selloff, while Asian markets painted a mixed picture with losses in Australian and Chinese shares juxtaposed against gains in Korean equities. The yen experienced a notable decline against the dollar following the Bank of Japan's announcement of a delay in detailing its plans for reducing bond purchases, leading to a surge in Japanese sovereign bond futures.