🌎 Tesla Initiated, Plug Power Downgraded, Uber Technologies Downgraded and more…

🌎 Tesla Initiated, Plug Power Downgraded, Uber Technologies Downgraded…

January 24, 2024
by RJ Hamster

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January 24th, 2024

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Today’s Top Stories

Why Apple’s about to smash through $200 and continue

Biden regulators target transaction declined fees, considered another type of bank ‘junk fee’

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

Will leverage and pricing power drive Netflix to a record high?

Swiss financial regulator gets a new leader as UBS-Credit Suisse merger sparks calls for reform

Is it a logical time to buy Logitech?

China moves to spur its slowing economy and boost markets by cutting required bank reserves

WARNING: Mandatory U.S. Dollar Recall to Begin on December 13th? (Legacy Research)

3 just-upgraded energy stocks to put on your radar

China’s central bank says it will cut its reserve requirements for banks to help spur more lending and boost the economy

Is Xerox’s 6% dividend a value deal or a value trap?

Stock market today: Netflix and other tech stocks pull Wall Street higher

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Apple Inc. (AAPL)
Amazon.com, Inc. (AMZN)
- Amazon.com (NASDAQ:AMZN) had its price target raised by analysts at Telsey Advisory Group ( ) from $165.00 to $185.00. They now have an “outperform” rating on the stock. This represents a 16.9% upside from the current price of $158.22.
- (1/24) Tech giants, US Govt. unite for national AI research program(finance.yahoo.com)
- (1/24) Amazon.com (NASDAQ:AMZN) Sets New 12-Month High Following Analyst Upgrade (marketbeat.com)
- (1/24) Telsey Advisory Group Increases Amazon.com (NASDAQ:AMZN) Price Target to $185.00 (marketbeat.com)
- (1/24) Netflix Co-Ceo Takes A Dig At Amazon’s Prime Video Ad Strategy: ‘Rather Than Force Them Into A Change…Better To Attract Them’ (benzinga.com)
- (1/24) Amazon Slapped With $35M Fine By French Privacy Watchdog For ‘Excessively Intrusive’ Employee Monitoring (msn.com)
- (1/24) How Analysts Think Tesla’s Profit Sizes Up In The S&P 500(finance.yahoo.com)
- (1/24) Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Mirae Asset Global Investments Co. Ltd. (marketbeat.com)
- (1/24) Amazon.com, Inc. (NASDAQ:AMZN) Receives Average Recommendation of “Buy” from Brokerages (marketbeat.com)
- (1/23) Amazon.com Stock Looks Undervalued to Investors Given Its Positive FCF (theglobeandmail.com)
- (1/23) TikTok is laying off dozens of workers as the tech industry continues to shed jobs in the new year (marketbeat.com)
Alphabet Inc. (GOOGL)
- Alphabet (NASDAQ:GOOGL) will be releasing earnings after the market closes on Tuesday, January 30, Zacks reports. (Register for Conference Call)
- (1/24) Google Fast Facts (kesq.com)
- (1/24) Despite Record Profits, Google Lays Off Over 1,000 Workers As Many Top DeepMind AI Scientists Leave To Start Their Own Startups (msn.com)
- (1/24) Google to help fund Israeli AI firms, Palestinian businesses (msn.com)
- (1/24) Alphabet (GOOGL) Extends Google Photos Feature to Android(finance.yahoo.com)
- (1/24) RWQ Financial Management Services Inc. Increases Stock Position in Alphabet Inc. (NASDAQ:GOOGL) (marketbeat.com)
- (1/23) Google parent Alphabet will cut 2% of its jobs in New York(crainsnewyork.com)
- (1/23) Google cancels contract with an AI data firm that’s helped train Bard(msn.com)
- (1/23) Google parent Alphabet to cut more jobs, this unit to be impacted: Report (msn.com)
- (1/23) Alphabet (GOOGL) Reports Next Week: Wall Street Expects Earnings Growth (finance.yahoo.com)
- (1/23) Alphabet’s X division shedding dozens of jobs: report(finance.yahoo.com)
Meta Platforms, Inc. (META)
Microsoft Co. (MSFT)
- Microsoft (NASDAQ:MSFT) will be releasing earnings after the market closes on Tuesday, January 30, Zacks reports. (Register for Conference Call)
- (1/24) Citi expects Microsoft to post solid beat and raise, lifts stock price target(investing.com)
- (1/24) Microsoft passes $3 trillion benchmark as AI hype powers stock to record(msn.com)
- (1/24) US STOCKS-S&P 500 hits record high on Netflix earnings, chips’ boost(finance.yahoo.com)
- (1/24) Microsoft’s Journey to $3 Trillion Aided by Cloud Growth, AI Optimism, and Big Deals (finance.yahoo.com)
- (1/24) Microsoft hits $3 trillion value, cementing strength of AI rally(economictimes.indiatimes.com)
- (1/24) Why Microsoft won’t stop at $400 (MSFT) (marketbeat.com)
- (1/24) Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Bailard Inc.(marketbeat.com)
- (1/24) Microsoft: Azure Taking Share With AI Push (seekingalpha.com)
- (1/23) Microsoft Corp. stock outperforms market on strong trading day(msn.com)

Analysts’ Upgrades

ACADIA Pharmaceuticals (NASDAQ:ACAD) was upgraded by analysts at Needham & Company LLC from a “hold” rating to a “buy” rating. They now have a $37.00 price target on the stock. This represents a 35.2% upside from the current price of $27.36.
Advanced Micro Devices (NASDAQ:AMD) was upgraded by analysts at New Street Research from a “neutral” rating to a “buy” rating. They now have a $215.00 price target on the stock. This represents a 19.5% upside from the current price of $179.87.
Capital City Bank Group (NASDAQ:CCBG) was upgraded by analysts at Janney Montgomery Scott from a “neutral” rating to a “buy” rating. They now have a $37.50 price target on the stock. This represents a 21.6% upside from the current price of $30.85.
CrossFirst Bankshares (NASDAQ:CFB) was upgraded by analysts at Stephens from an “equal weight” rating to an “overweight” rating. They now have a $18.00 price target on the stock, up previously from $16.00. This represents a 24.7% upside from the current price of $14.43.
First Horizon (NYSE:FHN) was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $16.00 price target on the stock, up previously from $15.50. This represents a 5.7% upside from the current price of $15.14.
FIGS (NYSE:FIGS) was upgraded by analysts at Barclays PLC from an “underweight” rating to an “equal weight” rating. They now have a $7.00 price target on the stock. This represents a 16.1% upside from the current price of $6.03.
Netflix (NASDAQ:NFLX) was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating. They now have a $595.00 price target on the stock, up previously from $410.00. This represents a 7.6% upside from the current price of $552.99.
Squarespace (NYSE:SQSP) was upgraded by analysts at JMP Securities from a “market perform” rating to an “outperform” rating. They now have a $40.00 price target on the stock. This represents a 19.3% upside from the current price of $33.52.
Sunoco (NYSE:SUN) was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $65.00 price target on the stock, up previously from $54.00. This represents a 16.6% upside from the current price of $55.77.
Tencent Music Entertainment Group (NYSE:TME) was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $10.50 price target on the stock. This represents a 18.0% upside from the current price of $8.90.
Verizon Communications (NYSE:VZ) was upgraded by analysts at Daiwa Capital Markets from a “neutral” rating to an “outperform” rating. They now have a $47.00 price target on the stock, up previously from $36.00. This represents a 13.0% upside from the current price of $41.58.
Webster Financial (NYSE:WBS) was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $65.00 price target on the stock, up previously from $60.00. This represents a 24.8% upside from the current price of $52.09.
View today’s most recent analysts’ upgrades at MarketBeat.com

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Analysts’ Downgrades

Biogen (NASDAQ:BIIB) was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating. They now have a $276.00 price target on the stock, down previously from $311.00. This represents a 10.6% upside from the current price of $249.48.
Brilliant Earth Group (NASDAQ:BRLT) was downgraded by analysts at TD Cowen from an “outperform” rating to a “market perform” rating. They now have a $3.40 price target on the stock, down previously from $3.50. This represents a 4.9% upside from the current price of $3.24.
Cytokinetics (NASDAQ:CYTK) was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating. They now have a $92.00 price target on the stock, up previously from $61.00. This represents a 11.2% upside from the current price of $82.75.
Endava (NYSE:DAVA) was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating. They now have a $80.00 price target on the stock, up previously from $68.00. This represents a 3.1% upside from the current price of $77.57.
DuPont de Nemours (NYSE:DD) was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating. They now have a $72.00 price target on the stock, down previously from $80.00. This represents a 10.5% upside from the current price of $65.14.
Danaher (NYSE:DHR) was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $240.00 price target on the stock. This represents a 4.3% upside from the current price of $230.03.
DXC Technology (NYSE:DXC) was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating. They now have a $24.00 price target on the stock, down previously from $27.00. This represents a 4.2% upside from the current price of $23.03.
EPAM Systems (NYSE:EPAM) was downgraded by analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating. They now have a $250.00 price target on the stock, up previously from $235.00. This represents a 13.7% downside from the current price of $289.85.
Home Bancorp (NASDAQ:HBCP) was downgraded by analysts at Piper Sandler from an “overweight” rating to a “neutral” rating. They now have a $43.00 price target on the stock, up previously from $40.00. This represents a 4.8% upside from the current price of $41.03.
Mosaic (NYSE:MOS) was downgraded by analysts at Mizuho from a “buy” rating to a “neutral” rating. They now have a $34.00 price target on the stock, down previously from $42.00. This represents a 6.4% upside from the current price of $31.96.
Netflix (NASDAQ:NFLX) was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating. They now have a $525.00 price target on the stock, up previously from $460.00. This represents a 5.1% downside from the current price of $552.99.
Plug Power (NASDAQ:PLUG) was downgraded by analysts at BMO Capital Markets from a “market perform” rating to an “underperform” rating. They now have a $2.50 price target on the stock, down previously from $3.50. This represents a 30.9% downside from the current price of $3.62.
Rentokil Initial (NYSE:RTO) was downgraded by analysts at Bank of America Co. from a “buy” rating to a “neutral” rating. They now have a $29.00 price target on the stock, down previously from $40.00. This represents a 14.9% upside from the current price of $25.25.
Stellantis (NYSE:STLA) was downgraded by analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating.The current price is $21.24.
Tilly’s (NYSE:TLYS) was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $8.75 price target on the stock, down previously from $10.50. This represents a 16.4% upside from the current price of $7.52.
Thermo Fisher Scientific (NYSE:TMO) was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $555.00 price target on the stock, up previously from $475.00. This represents a 2.5% upside from the current price of $541.61.
Uber Technologies (NYSE:UBER) was downgraded by analysts at Gordon Haskett from a “buy” rating to a “hold” rating. They now have a $66.00 price target on the stock. This represents a 2.7% upside from the current price of $64.25.
Vertex Pharmaceuticals (NASDAQ:VRTX) was downgraded by analysts at Canaccord Genuity Group Inc. from a “hold” rating to a “sell” rating. They now have a $379.00 price target on the stock, up previously from $332.00. This represents a 11.3% downside from the current price of $427.50.
Vertex Energy (NASDAQ:VTNR) was downgraded by analysts at Northland Securities from an “outperform” rating to a “market perform” rating. They now have a $2.00 price target on the stock. This represents a 32.9% upside from the current price of $1.51.
View today’s most recent analysts’ downgrades at MarketBeat.com

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Analysts’ New Coverage

Alignment Healthcare (NASDAQ:ALHC) is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $11.00 price target on the stock. This represents a 47.3% upside from the current price of $7.47.
Altimmune (NASDAQ:ALT) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “neutral” rating and a $13.00 price target on the stock. This represents a 33.6% upside from the current price of $9.73.
Apollo Medical (NASDAQ:AMEH) is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $45.00 price target on the stock. This represents a 23.8% upside from the current price of $36.34.
Atmus Filtration Technologies (NYSE:ATMU) is now covered by analysts at Northland Securities. They set a “market perform” rating and a $26.00 price target on the stock. This represents a 17.5% upside from the current price of $22.13.
Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) is now covered by analysts at Redburn Atlantic. They set a “buy” rating on the stock.The current price is $33.90.
Delek US (NYSE:DK) is now covered by analysts at Citigroup Inc.. They set a “neutral” rating on the stock.The current price is $24.89.
Ford Motor (NYSE:F) is now covered by analysts at Redburn Atlantic. They set a “sell” rating and a $10.00 price target on the stock. This represents a 9.9% downside from the current price of $11.10.
General Motors (NYSE:GM) (TSE:GMM.U) is now covered by analysts at Redburn Atlantic. They set a “neutral” rating and a $40.00 price target on the stock. This represents a 14.3% upside from the current price of $35.00.
Mercedes-Benz Group (OTCMKTS:MBGYY) is now covered by analysts at Redburn Atlantic. They set a “neutral” rating on the stock.
Marathon Petroleum (NYSE:MPC) is now covered by analysts at Citigroup Inc.. They set a “neutral” rating on the stock.The current price is $154.49.
Nikola (NASDAQ:NKLA) is now covered by analysts at Robert W. Baird. They set an “outperform” rating and a $2.00 price target on the stock. This represents a 181.7% upside from the current price of $0.71.
PBF Energy (NYSE:PBF) is now covered by analysts at Citigroup Inc.. They set a “neutral” rating on the stock.The current price is $44.67.
Polestar Automotive Holding UK (NASDAQ:PSNY) is now covered by analysts at Sanford C. Bernstein. They set an “underperform” rating and a $1.15 price target on the stock. This represents a 45.0% downside from the current price of $2.09.
Phillips 66 (NYSE:PSX) is now covered by analysts at Citigroup Inc.. They set a “buy” rating on the stock.The current price is $132.77.
Stellantis (NYSE:STLA) is now covered by analysts at Redburn Atlantic. They set a “buy” rating on the stock.The current price is $21.24.
Tesla (NASDAQ:TSLA) is now covered by analysts at Redburn Atlantic. They set a “sell” rating and a $170.00 price target on the stock. This represents a 19.3% downside from the current price of $210.60.
Valero Energy (NYSE:VLO) is now covered by analysts at Citigroup Inc.. They set a “buy” rating on the stock.The current price is $129.54.
Volkswagen (OTCMKTS:VWAGY) is now covered by analysts at Redburn Atlantic. They set a “sell” rating on the stock.The current price is $13.67.
View today’s most recent analysts’ new coverage at MarketBeat.com

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🌎 Tesla Initiated, Plug Power Downgraded, Uber Technologies Downgraded and more…

🌎 Tesla Initiated, Plug Power Downgraded, Uber Technologies Downgraded…

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