🌎 Shopify Upgraded, Middleby Downgraded, Tandem Diabetes Care Upgraded and more…

Hamster fun and information

Shopify Upgraded, Middleby Downgraded, Tandem Diabetes Care Upgraded…

May 22, 2024
by RJ Hamster

VIEW MY PORTFOLIO

May 22nd, 2024

Protrader gives his best directional strategy away for free. (ad)

Every week traders grind it out Monday through Friday…

But neglect trading Friday to Monday…

Or… “over the weekend”

As one professional trader explains, trading over the weekend is one of the most forgiving strategies you can use today.

It allows him to sidestep a lot of the midweek volatility.

Yet, gives him the opportunity to target some of the markets biggest stock moves.

Just recently, he posted a trade on Nordstrom…

The trade was published at 3pm on a Friday afternoon and by Monday morning the trade more than doubled.

And for the first time in 2024, he’s sharing his strategy for free.

Today’s Top Stories

A Hidden Gem Retailer With 20% Upside

Stock market today: Wall Street coasts around its records as quiet trading continues

Elon Musk Secret Crypto Plot Exposed (Crypto 101 Media)

Zoom Stock’s Earnings Volatility Picked Up a Lot of Buyers

How major US stock indexes fared Tuesday, 5/21/2024

Wayfair Has Multiple Analysts Calling For Multi-Year Highs

Keysight Technologies, Nordson fall; Eli Lilly, Lam Research rise, Tuesday, 5/21/2024

Daily Options Pick (Delivered) (Prosper Trading Academy)

Long vs. Short Position: A Breakdown of Stock Positions

Macy’s tops expectations for the first quarter as luxury and beauty sales shine

3 High-Quality Value Stocks You Should Know

3 Surging Dividends to Profit From “Industrial Revolution II”

Quick Links

MarketBeat All Access

The only AI company to buy (ad)

The AI boom is just getting started.

And the real wealth has still to be made…

You must read this new presentation from Porter Stansberry.

Your Watchlist (Manage Your Watchlist and Monitor Your Portfolio)

Analysts’ Upgrades

AMETEK (NYSE:AME) was upgraded by analysts at Oppenheimer Holdings Inc. from a “market perform” rating to an “outperform” rating. They now have a $200.00 price target on the stock. This represents a 15.4% upside from the current price of $173.34.
Brown & Brown (NYSE:BRO) was upgraded by analysts at Bank of America Co. from an “underperform” rating to a “neutral” rating. They now have a $101.00 price target on the stock, up previously from $91.00. This represents a 10.9% upside from the current price of $91.05.
Edwards Lifesciences (NYSE:EW) was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $105.00 price target on the stock, up previously from $98.00. This represents a 15.7% upside from the current price of $90.77.
Gatos Silver (NYSE:GATO) was upgraded by analysts at CIBC from a “neutral” rating to a “sector outperform” rating.The current price is $12.11.
Kraft Heinz (NASDAQ:KHC) was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $42.00 price target on the stock. This represents a 16.1% upside from the current price of $36.18.
Lincoln National (NYSE:LNC) was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $34.00 price target on the stock, up previously from $26.00. This represents a 7.8% upside from the current price of $31.55.
PAR Technology (NYSE:PAR) was upgraded by analysts at Benchmark Co. from a “hold” rating to a “buy” rating. They now have a $59.00 price target on the stock. This represents a 19.9% upside from the current price of $49.20.
Prudential Financial (NYSE:PRU) was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $143.00 price target on the stock, up previously from $121.00. This represents a 19.5% upside from the current price of $119.64.
Shopify (NYSE:SHOP) (TSE:SHOP) was upgraded by analysts at The Goldman Sachs Group, Inc. from a “neutral” rating to a “buy” rating. They now have a $74.00 price target on the stock, up previously from $67.00. This represents a 25.8% upside from the current price of $58.81.
Stryker (NYSE:SYK) was upgraded by analysts at Needham & Company LLC from a “hold” rating to a “buy” rating. They now have a $392.00 price target on the stock. This represents a 17.3% upside from the current price of $334.06.
Tandem Diabetes Care (NASDAQ:TNDM) was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $57.00 price target on the stock, up previously from $40.00. This represents a 10.9% upside from the current price of $51.38.
Willis Towers Watson Public (NASDAQ:WTW) was upgraded by analysts at Bank of America Co. from an “underperform” rating to a “neutral” rating. They now have a $304.00 price target on the stock, up previously from $272.00. This represents a 18.3% upside from the current price of $256.87.
View today’s most recent analysts’ upgrades at MarketBeat.com

Discover 2024’s AI Investment Front-Runners!

(ad)

Are you eager to know which AI stocks will dominate in 2024? We’ve pinpointed the top 3 and are thrilled to share our findings with you! Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.

Claim Your Complimentary Report Today

Analysts’ Downgrades

AON (NYSE:AON) was downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperform” rating. They now have a $306.00 price target on the stock, down previously from $345.00. This represents a 6.9% upside from the current price of $286.26.
BOX (NYSE:BOX) was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating. They now have a $32.00 price target on the stock, down previously from $35.00. This represents a 22.4% upside from the current price of $26.15.
CAE (NYSE:CAE) (TSE:CAE) was downgraded by analysts at Canaccord Genuity Group Inc. from a “buy” rating to a “hold” rating.The current price is $18.36.
CVB Financial (NASDAQ:CVBF) was downgraded by analysts at Janney Montgomery Scott from a “buy” rating to a “neutral” rating.The current price is $16.86.
Digi International (NASDAQ:DGII) was downgraded by analysts at Piper Sandler from an “overweight” rating to a “neutral” rating. They now have a $29.00 price target on the stock, down previously from $35.00. This represents a 11.7% upside from the current price of $25.97.
Danimer Scientific (NYSE:DNMR) was downgraded by analysts at Jefferies Financial Group Inc. from a “buy” rating to a “hold” rating. They now have a $0.80 price target on the stock, down previously from $1.30. This represents a 4.9% upside from the current price of $0.76.
Establishment Labs (NASDAQ:ESTA) was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating. They now have a $60.00 price target on the stock. This represents a 10.7% upside from the current price of $54.22.
Generac (NYSE:GNRC) was downgraded by analysts at Oppenheimer Holdings Inc. from an “outperform” rating to a “market perform” rating.The current price is $153.37.
Golden Ocean Group (NASDAQ:GOGL) was downgraded by analysts at Jefferies Financial Group Inc. from a “buy” rating to a “hold” rating. They now have a $15.50 price target on the stock. This represents a 9.7% upside from the current price of $14.13.
Garmin (NYSE:GRMN) was downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperform” rating. They now have a $150.00 price target on the stock, down previously from $165.00. This represents a 7.8% downside from the current price of $162.68.
Hims & Hers Health (NYSE:HIMS) was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating. They now have a $20.00 price target on the stock, up previously from $16.00. This represents a 18.9% upside from the current price of $16.82.
Middleby (NASDAQ:MIDD) was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating. They now have a $118.00 price target on the stock, down previously from $145.00. This represents a 9.1% downside from the current price of $129.75.
NMI (NASDAQ:NMIH) was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating. They now have a $39.00 price target on the stock, up previously from $37.00. This represents a 17.4% upside from the current price of $33.21.
Nevro (NYSE:NVRO) was downgraded by analysts at Citigroup Inc. from a “neutral” rating to a “sell” rating. They now have a $9.00 price target on the stock, down previously from $13.50. This represents a 6.3% downside from the current price of $9.60.
Ouster (NYSE:OUST) was downgraded by analysts at Cantor Fitzgerald from an “overweight” rating to a “neutral” rating. They now have a $13.00 price target on the stock, up previously from $8.00. This represents a 10.1% upside from the current price of $11.81.
Bio-Techne (NASDAQ:TECH) was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating. They now have a $85.00 price target on the stock. This represents a 3.3% upside from the current price of $82.30.
Transcat (NASDAQ:TRNS) was downgraded by analysts at Northland Securities from an “outperform” rating to a “market perform” rating.The current price is $145.19.
View today’s most recent analysts’ downgrades at MarketBeat.com

Bitcoin’s Biggest Year Yet (ad)

2024 is set to be a historic year for Bitcoin.

It’s all thanks to three major catalysts that I reveal in my newest video.

This Crypto bull market is not even halfway over

Analysts’ New Coverage

A-Mark Precious Metals (NASDAQ:AMRK) is now covered by analysts at Maxim Group. They set a “buy” rating and a $63.00 price target on the stock. This represents a 58.5% upside from the current price of $39.75.
AON (NYSE:AON) is now covered by analysts at Citigroup Inc.. They set a “neutral” rating and a $309.00 price target on the stock. This represents a 7.9% upside from the current price of $286.26.
Atlanticus (NASDAQ:ATLC) is now covered by analysts at Keefe, Bruyette & Woods. They set a “market perform” rating and a $33.00 price target on the stock. This represents a 33.1% upside from the current price of $24.80.
Couchbase (NASDAQ:BASE) is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $31.00 price target on the stock. This represents a 15.0% upside from the current price of $26.96.
Brunswick (NYSE:BC) is now covered by analysts at Benchmark Co.. They set a “buy” rating and a $100.00 price target on the stock. This represents a 22.8% upside from the current price of $81.45.
DigitalOcean (NASDAQ:DOCN) is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $40.00 price target on the stock. This represents a 4.9% upside from the current price of $38.13.
Elastic (NYSE:ESTC) is now covered by analysts at UBS Group AG. They set a “buy” rating and a $135.00 price target on the stock. This represents a 23.4% upside from the current price of $109.43.
JFrog (NASDAQ:FROG) is now covered by analysts at UBS Group AG. They set a “buy” rating and a $41.00 price target on the stock. This represents a 22.2% upside from the current price of $33.55.
JFrog (NASDAQ:FROG) is now covered by analysts at FBN Securities. They set an “outperform” rating and a $45.00 price target on the stock. This represents a 34.1% upside from the current price of $33.55.
GigaCloud Technology (NASDAQ:GCT) is now covered by analysts at Maxim Group. They set a “buy” rating and a $69.00 price target on the stock. This represents a 138.3% upside from the current price of $28.96.
Innodata (NASDAQ:INOD) is now covered by analysts at BWS Financial. They set a “buy” rating and a $24.00 price target on the stock. This represents a 86.0% upside from the current price of $12.90.
Malibu Boats (NASDAQ:MBUU) is now covered by analysts at Benchmark Co.. They set a “buy” rating and a $44.00 price target on the stock. This represents a 22.6% upside from the current price of $35.90.
Nayax (NASDAQ:NYAX) is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $27.00 price target on the stock. This represents a 5.7% upside from the current price of $25.54.
Owens Corning (NYSE:OC) is now covered by analysts at Jefferies Financial Group Inc.. They set a “buy” rating and a $215.00 price target on the stock. This represents a 21.4% upside from the current price of $177.14.
OneWater Marine (NASDAQ:ONEW) is now covered by analysts at Benchmark Co.. They set a “hold” rating on the stock.The current price is $25.13.
Ryan Specialty (NYSE:RYAN) is now covered by analysts at Bank of America Co.. They set a “buy” rating and a $67.00 price target on the stock. This represents a 20.2% upside from the current price of $55.74.
Dealertrack Technologies (NASDAQ:TRAK) is now covered by analysts at Maxim Group. They set a “buy” rating and a $24.00 price target on the stock. This represents a 38.4% upside from the current price of $17.34.
Viking (NYSE:VIK) is now covered by analysts at Melius. They set a “buy” rating and a $37.00 price target on the stock. This represents a 25.3% upside from the current price of $29.53.
Waste Management (NYSE:WM) is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a “buy” rating and a $241.00 price target on the stock. This represents a 15.0% upside from the current price of $209.60.
View today’s most recent analysts’ new coverage at MarketBeat.com

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.

START YOUR 30-DAY FREE TRIAL

Calendars from MarketBeat

U.S. Analyst Ratings
Corporate Buybacks
Cryptocurrencies
Dividend Declarations
Earnings Announcements
Economic Reports
Gap Up/Down Stocks
Insider Trades
Initial Public Offerings (IPOs)
Most Active Stocks
Percentage Gainers/Decliners
Sector Performance
Short Interest
Unusual Options Volume
Unusual Trading Volume

Upgrade Your Subscription

Upgrade to MarketBeat All Access and receive your premium edition of MarketBeat Daily at 9:00 AM ET.

UPGRADE NOW

Manage Your Watchlist

View and add up to five holdings to your watchlist.

VIEW MY PORTFOLIO

Join Our Facebook Group

Join MarketBeat’s free stock discussion and trading idea group on Facebook.

JOIN NOW

Thank you for subscribing to MarketBeat!

We empower individual investors to make better trading decisions by providing real-time financial information and objective market research. MarketBeat is a small business and email is a crucial tool for us to share information, news, trading ideas and financial products and services with our subscribers (that’s you!). If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com.

If you would like to unsubscribe or change which emails you receive, you can manage your mailing preferences or unsubscribe from these emails.

Today’s Bonus Content: If you missed out on Nvidia

The RJ Hamster morning Show with RJ Hamster and Paul Boardman

The verse of the day

RJ Hamster

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Shopify Upgraded, Middleby Downgraded, Tandem Diabetes Care Upgraded and more…

Shopify Upgraded, Middleby Downgraded, Tandem Diabetes Care Upgraded…

Like this:

What can we do to improve this website?

Shopify Upgraded, Middleby Downgraded, Tandem Diabetes Care Upgraded and more…

Shopify Upgraded, Middleby Downgraded, Tandem Diabetes Care Upgraded…

Share this:

Like this:

Related articles