"Rolls-Royce's Meteoric Ascent: Profits Double Amid Global Tensions"
Originally Published 1 year ago — by Yahoo Finance
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.