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Goldman Sachs has refreshed its conviction list of top picks in Europe and recommended investors consider a specific trading strategy given uncertainty over how much further markets can rise. However, Goldman Sachs' analysts noted that investors are "questioning how much upside is left." For those looking for stock ideas, here are two of the latest additions to Goldman Sachs' European conviction list: Unibail-Rodamco-Westfield Goldman analyst Jonathan Kownator struck a bullish tone on French commercial real estate giant Unibail-Rodamco-Westfield . Goldman Sachs has a 12-month price target of 107 euros ($115.97) on the stock, giving it potential upside of around 46.8%. "The European football championships in Germany should provide an additional boost with JCD commanding c.35% market share and its presence in Street Furniture in major cities."
Persons: Goldman Sachs, Westfield Goldman, Jonathan Kownator, Kownator, Lisa Yang, JCD, Yang, Goldman, — CNBC's Michael Bloom Organizations: Westfield, UEFA, Paris Olympics, European Locations: Europe, Westfield, France, Spain, Germany, United Kingdom, United States, Paris, China
Shares of German food delivery platform Delivery Hero are set to double over the next 12 months, according to analysts from Goldman Sachs. Goldman remains bullish on Delivery Hero even as investors remain concerned about its free cash flow trajectory. "Delivery Hero operates in more favorable markets [compared to its] peers in terms of macro and unit economics. Several food delivery platforms emerged during the height of the pandemic when countries around the world imposed social distancing restrictions. She expects Delivery Hero to register the largest improvements this year in terms of EBITDA as a percentage of gross transaction value.
Persons: Goldman Sachs, Goldman, Lisa Yang, Deliveroo, Goldman's Yang, — CNBC's Michael Bloom Organizations: The, U.S Locations: The U.S, Asia, Southeast Asia, British
Favorable demographic trends and technology will fuel growth in the music industry: Goldman SachsThe bank said they expect streaming services to continually raise their subscription prices. AI will also help artists create music at higher speeds and lower costs, the bank said. The business side of the music industry is constantly evolving, especially as technology develops. On streaming, the analysts see continued price hikes coming from streaming services as their subscription fees have remained relatively stagnant despite the services becoming more popular. Goldman SachsGoldman SachsThe analysts also said the streaming industry could better monetize "superfans" by charging them more for improved versions of their services.
Persons: Goldman Sachs, Lisa Yang, Goldman Sachs Goldman Sachs, Millenials Organizations: Spotify, Netflix, Apple Music, Amazon Music
Some companies, such as P&G, have introduced programs to recruit and retain neurodivergent candidates. Lakes' experience is not uncommon among neurodivergent individuals, which is a term that represents people with neurological types like autism, dyslexia, or ADHD. Workplace culture is beginning to shiftThere's some change on the horizon. "Right now, organizations are doing the groundwork," Lyric Rivera, who identifies as neurodivergent, told Insider. Company culture can support neurodivergent employeesWhile many companies offer programs to support existing neurodivergent employees, advocates like Rivera say the next step is to get more neurodivergent candidates in the door.
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