Global Markets React to Analyst Upgrades, Geopolitical Tensions, and Trade Shifts
Stock Market News·2026-01-06 12:08

Financial Institutions - Goldman Sachs Group Inc. (GS) received a significant price target increase from BMO, which raised its target to $980 from $785 [2][9] - Truist Securities also lifted its target for JPMorgan Chase & Co. (JPM) to $331 from $330 [2][9] - Wells Fargo downgraded D.R. Horton, Inc. (DHI) to Equal Weight from Overweight, cutting its price target to $155 from $180, indicating a more cautious outlook on the homebuilder [3][9] Geopolitical Developments - Ukrainian drones reportedly struck Russian missile, ammunition, and oil depots in the Kostroma and Lipetsk regions, intensifying ongoing hostilities as President Zelenskiy arrived in Paris for talks [4][9] International Trade - China's Commerce Ministry imposed export controls on dual-use items to Japan, signaling potential shifts in international trade relations [6][9]