Shares of major Adani Group investor GQG Partners plummeted by 15.74% following a downgrade from UBS, shifting the stock from a “buy” to “neutral” and reducing the target price from AU$3.30 to AU$2.30. This marks UBS’s first downgrade of GQG since covering the stock in 2022, with the Australian-listed investment firm being the fourth largest investor in flagship Adani Enterprises. As of 2:52 p.m. Sydney time, the stock was trading at AU$2.08.
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Hidden Game: Laine and Suzuki lead OT win against Islanders
In this edition of the Hidden Game, the focus is on the uneventful first period between the Canadiens and New York Islanders. With a total of 12 shots, seven from Montreal, the game remained scoreless. The lackluster performance led some to liken the teams to the blind leading the blind on Tuesday night. Full Article
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