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Goldman Sachs has upgraded Allegro.eu to Neutral from Sell, raising its price target to PLN 40. The revision reflects the company's improved execution, including a recent share buyback, and aligns with a broader market rotation toward European cyclical stocks.
Corebridge Financial (CRBG) is set to replace Allete (ALE) in the S&P MidCap 400 index. This change is driven by Allete's pending acquisition. The inclusion is expected to create significant buying pressure on CRBG stock from index-tracking funds.