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

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

May 22, 2024
by RJ Hamster

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May 22nd, 2024

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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

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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

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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

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

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

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