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LSE:CVG 24 February 2026

FTSE 100 today: UK shares finish flat as tariff and AI worries hit banks; Convatec jumps

FTSE 100 today: UK shares finish flat as tariff and AI worries hit banks; Convatec jumps

FTSE 100 closed down 0.04% at 10,680.59; FTSE 250 slipped 0.2%. Convatec surged 10.4% after raising its growth target, while Unite Group dropped 14.3% on a weaker student demand outlook. Standard Chartered missed profit estimates despite a 16% gain and a $1.5 billion buyback. Investors watched new U.S. tariffs and Bank of England rate signals.
24 February 2026
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Stock Market Today

  • Mizuho Downgrades Adobe Stock Price Target for 2026 Amid Growth Concerns
    April 27, 2026, 10:13 PM EDT. Adobe's stock has dropped 31% year-to-date, trading near a 52-week low. Mizuho downgraded Adobe from Outperform to Neutral, lowering its price target to $270 from $315. Analyst Gregg Moskowitz cited intensified competition from lower-cost creative tools and AI-native platforms as key risks. Mizuho now forecasts high single-digit revenue growth, down from previous double-digit estimates. Despite Adobe's strong financials, including $6.4 billion Q1 revenue, the firm flagged margin pressure from increased AI investments. Adobe's forward price-to-earnings ratio sits around 10x, sharply below its five-year median of 41.64x, yet Mizuho does not consider the stock undervalued. The downgrade reflects cautious sentiment on Adobe's capacity to sustain growth amid market challenges.

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US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

28 April 2026
The S&P 500 and Nasdaq closed at record highs Monday, while the Dow slipped 62.67 points to 49,168.04. After-hours, major U.S. indexes edged up less than 0.2%. Nvidia jumped 4% to a new high, topping $5 trillion in value, while Domino’s Pizza fell after forecasting weaker 2026 growth. Investors await Big Tech earnings and a Federal Reserve decision this week.
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