Group 1: ABN Amro Bank N.V. - ABN Amro Bank N.V. announced a restructuring plan to cut 5,200 full-time equivalent positions by 2028 as part of a cost-cutting strategy [2][8] - The bank has already eliminated over 1,000 jobs in 2025, with the remaining 4,200 positions to be cut in the coming years [2] - CEO Marguerite Bérard is leading the new financial strategy aimed at enhancing profitability and right-sizing the cost base [2] Group 2: Jefferies Price Target Adjustments - Jefferies increased its price target for Agilent Technologies from $130 to $150, reflecting a positive outlook on the life sciences company [3][8] - The firm also raised the price target for Canadian Imperial Bank of Commerce (CIBC) from C$106 to C$118, indicating optimism about the bank's performance [4][8] - Conversely, Jefferies lowered its price target for EQB Inc from C$107 to C$93, suggesting a more cautious view on the lender's near-term prospects [5][8]
Financial Markets React to ABN Amro Job Cuts and Key Analyst Price Target Adjustments
Stock Market News·2025-11-25 06:38