Global corporate updates: ElvalHalcor, 3M, and Xiaomi report financial shifts

Several major corporations have reported financial updates and received revised analyst assessments.

NBG Securities raised its price target for ElvalHalcor to 5.10 euros from 3.20 euros, citing a 2026-2030 investment program focused on increasing production capacity in aluminum and copper. The company's recent 250 million euro capital increase is expected to fund development projects totaling approximately 455 million euros.

In the technology and manufacturing sectors, 3M saw its price target raised by Deutsche Bank to 194.00 USD, following a second quarter where adjusted revenue reached 6.50 billion USD. Meanwhile, Reply reported a 7.40 percent increase in revenue for the first half of 2026, reaching 1.31 billion EUR.

Symrise is facing upcoming quarterly results, with Barclays raising its price target to 96.00 euros. Finally, Xiaomi reported Q2 2026 revenue of 108.9 billion RMB, driven by growth in its electric vehicle segment, despite operating losses in new initiatives like AI and automotive development.