"Rolls-Royce's Meteoric Ascent: Profits Double Amid Global Tensions"

TL;DR Summary
Rolls-Royce Holdings Plc's most bearish analyst, Philip Buller of Berenberg, has called an end to the stock's recent surge, expressing surprise at its significant gains and lack of positive catalysts in the near future. Despite the firm's strong earnings and cash flow forecasts, investors had hoped for a dividend resumption, leading to concerns about the stock's overbought status and a 34% downside potential according to Buller's price target.
- Rolls-Royce's Biggest Bear Calls an End to Meteoric Ascent Yahoo Finance
- Rolls-Royce shares jump 10% after 2023 profits more than double CNBC
- Rolls-Royce Expected to Report Higher Revenue -- Earnings Preview MarketWatch
- Rolls-Royce profits more than double amid cost cuts and global tensions The Guardian
- Rolls-Royce profits double as turnaround gathers pace Financial Times
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 2 min read
Condensed
81%
360 → 68 words
Want the full story? Read the original article
Read on Yahoo Finance