LIVE MARKETS — These names could surprise — to the upside or downside — Jefferies says
(Adds blog post) STOXX 600 up 0.3% AI jitters, earnings in focus LVMH disappoints Wal St futures mixed Broadcom CEO says AI investing like "casino gambling" Welcome to the home for real-time coverage of markets brought to you reporters. You can share your thoughts with us at These Names Could Surprise - To The Upside Or Downside - Jefferies Says Earnings season is once again getting underway, and if there's just too many companies and bits of news for you to stay on top of, Jefferies equity analysts and researchers have devised a list of names across Europe that could surprise either to the upside, or downside. Heidelberg Materials is one of the names that they say could positively surprise. "With the stock trading on just 10.6x 2026 P/E and having surrendered the prior year's re-rating, confirmation of guidance and incremental savings could drive positive earnings revisions and a re-rating," Jefferies said. Next up, is the UK's Computacenter, which Jefferies highlights as their "preferred "picks and shovels" exposure to the AI investment cycle." "The company is uniquely positioned through its growing exposure to US enterprise infrastructure and hyperscaler customers, tw
3% AI jitters, earnings in focus LVMH disappoints Wal St futures mixed Broadcom CEO says AI investing like "casino gambling" Welcome to the home for real-time coverage of markets brought to you reporters. You can share your thoughts with us at These Names Could Surprise - To The Upside Or Downside - Jefferies Says Earnings season is once again getting underway, and if there's just too many companies and bits of news for you to stay on top of, Jefferies equity analysts and researchers have devised a list of names across Europe that could surprise either to the upside, or downside. Heidelberg Materials is one of the names that they say could positively surprise.
6x 2026 P/E and having surrendered the prior year's re-rating, confirmation of guidance and incremental savings could drive positive earnings revisions and a re-rating," Jefferies said. " "The company is uniquely positioned through its growing exposure to US enterprise infrastructure and hyperscaler customers, two of the strongest spending areas in technology today," they said, while also flagging scope for operational upside. Other names that could surprise positively, according to Jefferies, are AstraZeneca, Beijer Ref, Euronext, InterContinental Hotels, Legrand, Sanofi, Siltronic, and Zalando. Downside surprises meanwhile could include staffing services firm Randstad.
" Dassault Systemes and UPM-Kymmene may also be downside surprises, Jefferies said. (Sophie Kiderlin) *** Earlier On Live Markets: Luxury's Long Game Click Here Ai Jitters, But The Stoxx Still Rises Click Here Europe Before The Bell: Steady-ish Click Here The Fragile Ai Trade Click Here