Dec 2024 - Shares in GQG Partners (ASX:GQG) tumbled today after UBS downgraded the company from a buy to a neutral and reduced the stock's price target from $3.30 to $2.30.
Shares of Australian-listed GQG Partners tumbled 13 percent after UBS analysts downgraded the stock, citing concerns over a potential loss of A$600 million ($390 million) in funds under management ...
In today’s news, Australia’s sharemarket climbs towards a fresh peak, Northern Star buys a rival gold miner in a $5 billion deal, and Telstra acquires Boost Mobile for more than $100 million.