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LSE:ABF News 8 January 2026

UK stock market today: FTSE 100 slips on Shell warning as defence stocks jump

UK stock market today: FTSE 100 slips on Shell warning as defence stocks jump

London, January 8, 2026, 11:24 GMT — Regular session UK shares eased on Thursday after Shell slid on a downbeat trading update, even as defence names ran higher on fresh bets on military spending. The FTSE 100, London’s blue-chip index, was down 0.3% by 10:40 GMT and the mid-cap FTSE 250 fell 0.4%. Reuters It matters because the market’s first…
8 January 2026
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Stock Market Today

  • BTIG Research Raises Carpenter Technology (CRS) Price Target to $375
    January 30, 2026, 9:30 AM EST. BTIG Research increased its price target for Carpenter Technology (NYSE:CRS) to $375, implying a potential upside of 20.93%. The brokerage maintains a buy rating on the stock. Other analysts also show optimism: JPMorgan raised its target to $388 with an overweight rating, Deutsche Bank set a $425 price target, and Jones Trading initiated coverage with a buy rating and a $400 target. Carpenter's latest quarterly earnings beat estimates with $2.33 EPS. Despite revenue missing forecasts, year-over-year growth stands at 7.5%. The stock closed at $310.10, with a market cap of $15.45 billion. Analyst consensus shows a moderate buy with an average target of $372.57 as Carpenter Technology continues to attract optimistic outlooks amid solid financial performance.
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