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The recent BT Group PLC share price rally has left the telecoms giant looking vulnerable, with Deutsche Bank reiterating its 'sell' rating and warning that investors should not mistake a run of good fortune for genuine defensive strength. Analyst Robert Grindle acknowledged the FTSE 100 company has benefited from two tailwinds this year, namely telecoms' relative defensive stature.

Deutsche Bank has trimmed its target price for Reach PLC (LSE:RCH), the national newspaper publisher, from 182p to 175p while reiterating a buy recommendation, following full-year results that came in slightly ahead of the bank's forecasts. Reach's shares were 57.45p (down 3%), leaving significant implied upside to the revised target.

Barclays PLC (LSE:BARC) and Deutsche Bank are best placed to benefit from the escalating Middle East conflict, according to JP Morgan, which said higher market volatility was likely to boost trading revenues at globally focused investment banks. The US bank's analysts said the direct earnings impact of the conflict on global banks was limited, as the Middle East, while a growing region for most large lenders,…

A number of key European credit indicators deteriorated on Monday, with an index of regional junk corporate credit hitting its highest yield since November on investor jitters over conflict ​in the Middle East and the fragility of the private credit market.

For 2025, we underperformed the Benchmark, while to a lesser extent also trailing our all-cap international growth Proxy Benchmark. The underperformance was in our view attributable to an abrupt but material correction in several holdings over the potential exposure of quality growth franchises to AI disruption. Lundin Mining Corporation shares rose meaningfully during the fourth quarter after the company raised its…