🌎 QUALCOMM Upgraded, Elastic Downgraded, RPM International Initiated and more…

🌎 QUALCOMM Upgraded, Elastic Downgraded, RPM International Initiated and…

January 12, 2024
by RJ Hamster

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January 12th, 2024

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Today’s Top Stories

How to calculate stock growth

Bank of America, Delta Air Lines fall; Valero Energy, Newmont rise, Friday, 1/12/2024

The Gold Story No One’s Telling (Stansberry Research)

20% upside for JPMorgan Chase stock? Here’s how

UnitedHealth shares tumble after health care giant reports soaring medical costs in 4Q

Super Micro’s super surge: 18.87% gain to begin the year

Bank profits mostly fall in fourth quarter, but banks remain upbeat on economy and consumer

Buy THIS stock before Taiwan is attacked (Behind the Markets)

Delta Air Lines: A buy-the-dip stock with ample upside

Stock market today: Stocks drift near records after a cooler update on inflation

Nvidia’s skyrocketing journey into 2024

How major US stock indexes fared Thursday, 1/11/2024

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Apple Inc. (AAPL)
Amazon.com, Inc. (AMZN)
Alphabet Inc. (GOOGL)
Meta Platforms, Inc. (META)
- insider Jennifer Newstead sold 566 shares of the company’s stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $356.40, for a total transaction of $201,722.40. Following the completion of the transaction, the insider now owns 36,418 shares of the company’s stock, valued at approximately $12,979,375.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
- (1/12) Meitav Investment House Ltd. Increases Holdings in Meta Platforms, Inc. (NASDAQ:META) (marketbeat.com)
- (1/11) Russia Restrictions On Facebook, Instagram And X Cost Economy Over $4B In 2023 (benzinga.com)
- (1/11) Meta Platforms, Inc. (NASDAQ:META) Insider Jennifer Newstead Sells 566 Shares(marketbeat.com)
- (1/11) Why Meta’s new safety revamp for teens doesn’t stop the alarm bells (msn.com)
- (1/11) Turkish competition board to fine Meta $160,000 per day for non-compliance(msn.com)
- (1/11) Meta expected to report strong Q4 after ‘stunning reversal of fortune’ (msn.com)
- (1/11) Meta Stock Is Nearing a Record High. Here’s What Can Get It There. (msn.com)
- (1/11) Turkish Competition Authority Imposes Daily Fines on Meta Platforms in Ongoing Probe (techstory.in)
- (1/11) TIAA Trust National Association Makes New Investment in Meta Platforms, Inc. (NASDAQ:META) (marketbeat.com)
- (1/11) Austrian activist Schrems broadens complaint about Meta’s paid ad-free service(finance.yahoo.com)
Microsoft Co. (MSFT)
- Microsoft (NASDAQ:MSFT) had its “overweight” rating reaffirmed by analysts at Piper Sandler ( ). They now have a $455.00 price target on the stock. This represents a 17.7% upside from the current price of $386.54.
- (1/12) MSFT Stock Outlook: What’s in Store for Microsoft Investors in 2024?(investorplace.com)
- (1/12) Microsoft (NASDAQ:MSFT) Receives Overweight Rating from Piper Sandler(marketbeat.com)
- (1/12) Microsoft Back On Top, Dethrones Apple As World’s Most Valuable Company(msn.com)
- (1/12) Heard on the Street Recap: Inflation Swings (finance.yahoo.com)
- (1/12) Welch Group LLC Has $70.62 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT) (marketbeat.com)
- (1/12) Microsoft Surpasses Apple in Market Value Amid AI Advancements(quiverquant.com)
- (1/11) Microsoft decrowns Apple as the world’s most valuable public company(invezz.com)
- (1/11) Microsoft’s Blizzard Teases Diablo IV Season 3 Launch Date (msn.com)
- (1/11) OpenAI CEO Sam Altman, US House Speaker Mike Johnson discuss AI’s risk(finance.yahoo.com)
- (1/11) Microsoft Touts New AI Tools for Retail (wwd.com)

Analysts’ Upgrades

Autoliv (NYSE:ALV) was upgraded by analysts at Berenberg Bank from a “hold” rating to a “buy” rating. They now have a $120.00 price target on the stock. This represents a 14.6% upside from the current price of $104.73.
Carlsberg A/S (OTCMKTS:CABGY) was upgraded by analysts at BNP Paribas from a “neutral” rating to an “outperform” rating.The current price is $26.33.
Coca-Cola Europacific Partners (NYSE:CCEP) was upgraded by analysts at BNP Paribas from a “neutral” rating to an “outperform” rating. They now have a $79.00 price target on the stock. This represents a 18.0% upside from the current price of $66.94.
CF Industries (NYSE:CF) was upgraded by analysts at Barclays PLC from an “underweight” rating to an “equal weight” rating. They now have a $85.00 price target on the stock. This represents a 10.4% upside from the current price of $77.01.
Chesapeake Energy (NASDAQ:CHK) was upgraded by analysts at Mizuho from a “neutral” rating to a “buy” rating. They now have a $104.00 price target on the stock, up previously from $96.00. This represents a 27.0% upside from the current price of $81.90.
Chesapeake Energy (NASDAQ:CHK) was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $95.00 price target on the stock, up previously from $82.00. This represents a 16.0% upside from the current price of $81.90.
Ciena (NYSE:CIEN) was upgraded by analysts at Evercore ISI from an “in-line” rating to an “outperform” rating. They now have a $57.00 price target on the stock, up previously from $52.00. This represents a 13.8% upside from the current price of $50.07.
International Flavors & Fragrances (NYSE:IFF) was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $112.00 price target on the stock, up previously from $73.00. This represents a 40.3% upside from the current price of $79.84.
Coca-Cola FEMSA (NYSE:KOF) was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $109.00 price target on the stock, up previously from $83.00. This represents a 16.7% upside from the current price of $93.37.
Live Nation Entertainment (NYSE:LYV) was upgraded by analysts at Roth Mkm from a “neutral” rating to a “buy” rating. They now have a $114.00 price target on the stock, up previously from $92.00. This represents a 26.3% upside from the current price of $90.25.
Mercer International (NASDAQ:MERC) (TSE:MRI.U) was upgraded by analysts at CIBC from a “sector underperform” rating to a “neutral” rating.The current price is $9.51.
Mohawk Industries (NYSE:MHK) was upgraded by analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating. They now have a $101.00 price target on the stock, up previously from $80.00. This represents a 2.3% downside from the current price of $103.42.
Potbelly (NASDAQ:PBPB) was upgraded by analysts at Benchmark Co. from a “hold” rating to a “buy” rating. They now have a $15.00 price target on the stock. This represents a 15.6% upside from the current price of $12.98.
Healthpeak Properties (NYSE:PEAK) was upgraded by analysts at Scotiabank from a “sector perform” rating to a “sector outperform” rating. They now have a $23.00 price target on the stock, up previously from $20.00. This represents a 11.3% upside from the current price of $20.67.
Pegasystems (NASDAQ:PEGA) was upgraded by analysts at Barclays PLC from an “underweight” rating to an “equal weight” rating. They now have a $52.00 price target on the stock. This represents a 8.7% upside from the current price of $47.86.
Pentair (NYSE:PNR) was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating. They now have a $79.00 price target on the stock, up previously from $75.00. This represents a 11.7% upside from the current price of $70.72.
PROS (NYSE:PRO) was upgraded by analysts at KeyCorp from a “sector weight” rating to an “overweight” rating. They now have a $43.00 price target on the stock. This represents a 22.6% upside from the current price of $35.07.
QUALCOMM (NASDAQ:QCOM) was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $160.00 price target on the stock. This represents a 14.8% upside from the current price of $139.41.
Regeneron Pharmaceuticals (NASDAQ:REGN) was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating. They now have a $1,076.00 price target on the stock, up previously from $884.00. This represents a 15.8% upside from the current price of $928.83.
SGS (OTCMKTS:SGSOY) was upgraded by analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating.The current price is $8.44.
Tenable (NASDAQ:TENB) was upgraded by analysts at Westpark Capital from a “hold” rating to a “buy” rating. They now have a $65.00 price target on the stock. This represents a 38.7% upside from the current price of $46.85.
Taylor Morrison Home (NYSE:TMHC) was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating. They now have a $57.00 price target on the stock, up previously from $43.00. This represents a 10.8% upside from the current price of $51.46.
Twilio (NYSE:TWLO) was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $82.00 price target on the stock, up previously from $75.00. This represents a 11.7% upside from the current price of $73.40.
View today’s most recent analysts’ upgrades at MarketBeat.com

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Analysts’ Downgrades

Great Ajax (NYSE:AJX) was downgraded by analysts at JMP Securities from an “outperform” rating to a “market perform” rating.The current price is $5.33.
Anheuser-Busch InBev SA/NV (NYSE:BUD) was downgraded by analysts at BNP Paribas from an “outperform” rating to a “neutral” rating.The current price is $65.06.
Diageo (NYSE:DEO) was downgraded by analysts at BNP Paribas from a “neutral” rating to an “underperform” rating.The current price is $143.01.
Elastic (NYSE:ESTC) was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $110.00 price target on the stock, up previously from $100.00. This represents a 1.2% downside from the current price of $111.31.
89bio (NASDAQ:ETNB) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $15.00 price target on the stock, down previously from $24.00. This represents a 35.9% upside from the current price of $11.04.
First Financial Northwest (NASDAQ:FFNW) was downgraded by analysts at DA Davidson from a “buy” rating to a “neutral” rating. They now have a $22.00 price target on the stock, up previously from $16.00. This represents a 6.3% upside from the current price of $20.70.
Fomento Económico Mexicano (NYSE:FMX) was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating.The current price is $130.12.
ICL Group (NYSE:ICL) was downgraded by analysts at Barclays PLC from an “overweight” rating to an “underweight” rating. They now have a $4.00 price target on the stock, down previously from $6.50. This represents a 13.4% downside from the current price of $4.62.
Jamf (NASDAQ:JAMF) was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $20.00 price target on the stock. This represents a 5.0% upside from the current price of $19.05.
Johnson Controls International (NYSE:JCI) was downgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “underperform” rating. They now have a $50.00 price target on the stock, down previously from $54.00. This represents a 11.8% downside from the current price of $56.69.
Nutrien (NYSE:NTR) was downgraded by analysts at Raymond James from an “outperform” rating to a “market perform” rating. They now have a $65.00 price target on the stock, down previously from $80.00. This represents a 27.8% upside from the current price of $50.88.
Nevro (NYSE:NVRO) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $20.00 price target on the stock, down previously from $23.00. This represents a 10.1% upside from the current price of $18.16.
Outset Medical (NASDAQ:OM) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $6.00 price target on the stock, down previously from $14.00. This represents a 30.2% upside from the current price of $4.61.
Snowflake (NYSE:SNOW) was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $198.00 price target on the stock. This represents a 3.1% upside from the current price of $192.06.
Summit Materials (NYSE:SUM) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $38.00 price target on the stock, down previously from $43.00. This represents a 6.9% upside from the current price of $35.55.
Vulcan Materials (NYSE:VMC) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $236.00 price target on the stock, up previously from $235.00. This represents a 5.8% upside from the current price of $223.12.
WalkMe (NASDAQ:WKME) was downgraded by analysts at Barclays PLC from an “equal weight” rating to an “underweight” rating. They now have a $10.00 price target on the stock. This represents a 2.7% downside from the current price of $10.28.
ZoomInfo Technologies (NASDAQ:ZI) was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $18.00 price target on the stock. This represents a 14.4% upside from the current price of $15.74.
View today’s most recent analysts’ downgrades at MarketBeat.com

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Analysts’ New Coverage

Anglo American (OTCMKTS:NGLOY) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “neutral” rating on the stock.The current price is $11.81.
Nokia Oyj (NYSE:NOK) is now covered by analysts at BNP Paribas. They set a “neutral” rating on the stock.The current price is $3.53.
Rio Tinto Group (NYSE:RIO) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “buy” rating on the stock.The current price is $70.14.
RPM International (NYSE:RPM) is now covered by analysts at Mizuho. They set a “buy” rating and a $128.00 price target on the stock. This represents a 20.8% upside from the current price of $105.97.
TKO Group (NYSE:TKO) is now covered by analysts at TD Cowen. They set a “market perform” rating and a $92.00 price target on the stock. This represents a 16.1% upside from the current price of $79.27.
United States Steel (NYSE:X) is now covered by analysts at JPMorgan Chase & Co.. They set a “neutral” rating and a $52.00 price target on the stock. This represents a 9.6% upside from the current price of $47.45.
View today’s most recent analysts’ new coverage at MarketBeat.com

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🌎 QUALCOMM Upgraded, Elastic Downgraded, RPM International Initiated and more…

🌎 QUALCOMM Upgraded, Elastic Downgraded, RPM International Initiated and…

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