🌎 Enovix Initiated, NU Downgraded, Uber Technologies Initiated and more…

RJ Hamster

4 months ago

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July 22nd, 2024

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Today’s Top Stories

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Apple Inc. (AAPL)
Amazon.com, Inc. (AMZN)
Alphabet Inc. (GOOGL)
- Alphabet (NASDAQ:GOOGL) will be releasing earnings after the market closes on Tuesday, July 23, Zacks reports. (Register for Conference Call)
- Alphabet (NASDAQ:GOOGL) had its “outperform” rating reaffirmed by analysts at Wedbush ( ). They now have a $205.00 price target on the stock. This represents a 12.8% upside from the current price of $181.69.
- (7/22) Alphabet set to report double-digit Q2 growth (rte.ie)
- (7/22) Going into earnings, Is Google parent Alphabet stock a buy, a sell, or fairly valued? (morningstar.com.au)
- (7/22) Alphabet A (ex Google) is about to announce its earnings — here’s what to expect(markets.businessinsider.com)
- (7/22) Is Google’s biggest competition itself? Watch Alphabet’s earnings for signs. (msn.com)
- (7/22) Alphabet Set To Report Strong Q2 Results With Increased Search Revenue: Analyst Bullish On Google Parent Flags 3 Things That Will Be On His Radar (markets.businessinsider.com)
- (7/22) Google owner Alphabet tipped to outperform Wall Street expectations (proactiveinvestors.co.uk)
- (7/22) Alphabet: Sustained Growth Amid Market Leadership and AI Advancements (gurufocus.com)
- (7/22) Nextech3D.ai integrates 3D model and 2D photo rending solutions with Google Merchant Center(proactiveinvestors.com)
- (7/22) Wedbush Reaffirms “Outperform” Rating for Alphabet (NASDAQ:GOOGL) (marketbeat.com)
- (7/22) Analysts revise Google stock price target ahead of earnings (finbold.com)
Meta Platforms, Inc. (META)
Microsoft Co. (MSFT)

Analysts’ Upgrades

Abercrombie & Fitch (NYSE:ANF) was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $194.00 price target on the stock, up previously from $167.00. This represents a 20.8% upside from the current price of $160.63.
C.H. Robinson Worldwide (NASDAQ:CHRW) was upgraded by analysts at Bank of America Co. from an “underperform” rating to a “buy” rating. They now have a $99.00 price target on the stock, up previously from $76.00. This represents a 9.3% upside from the current price of $90.58.
EastGroup Properties (NYSE:EGP) was upgraded by analysts at Wedbush from a “neutral” rating to an “outperform” rating. They now have a $208.00 price target on the stock, up previously from $162.00. This represents a 9.8% upside from the current price of $189.48.
Fiserv (NYSE:FI) was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $175.00 price target on the stock, up previously from $154.00. This represents a 11.4% upside from the current price of $157.14.
Henry Schein (NASDAQ:HSIC) was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $92.00 price target on the stock, up previously from $81.00. This represents a 28.6% upside from the current price of $71.52.
International Flavors & Fragrances (NYSE:IFF) was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $115.00 price target on the stock, up previously from $95.00. This represents a 17.2% upside from the current price of $98.11.
Portland General Electric (NYSE:POR) was upgraded by analysts at KeyCorp from a “sector weight” rating to an “overweight” rating.The current price is $46.95.
Rentokil Initial (NYSE:RTO) was upgraded by analysts at Sanford C. Bernstein from an “underperform” rating to a “market perform” rating.The current price is $31.94.
Selective Insurance Group (NASDAQ:SIGI) was upgraded by analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating. They now have a $99.00 price target on the stock, down previously from $104.00. This represents a 18.6% upside from the current price of $83.50.
STAG Industrial (NYSE:STAG) was upgraded by analysts at Wedbush from a “neutral” rating to an “outperform” rating. They now have a $44.00 price target on the stock, up previously from $38.00. This represents a 11.0% upside from the current price of $39.64.
TaskUs (NASDAQ:TASK) was upgraded by analysts at Bank of America Co. from an “underperform” rating to a “neutral” rating. They now have a $18.00 price target on the stock, up previously from $12.00. This represents a 9.2% upside from the current price of $16.49.
10x Genomics (NASDAQ:TXG) was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $24.00 price target on the stock. This represents a 38.0% upside from the current price of $17.39.
View today’s most recent analysts’ upgrades at MarketBeat.com

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Analysts’ Downgrades

American Airlines Group (NASDAQ:AAL) was downgraded by analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating. They now have a $12.00 price target on the stock, down previously from $18.00. This represents a 13.1% upside from the current price of $10.61.
Air Products and Chemicals (NYSE:APD) was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating.The current price is $255.72.
Berkshire Hills Bancorp (NYSE:BHLB) was downgraded by analysts at Janney Montgomery Scott from a “buy” rating to a “neutral” rating. They now have a $28.00 price target on the stock. This represents a 4.3% upside from the current price of $26.85.
Comerica (NYSE:CMA) was downgraded by analysts at Truist Financial Co. from a “buy” rating to a “hold” rating. They now have a $53.00 price target on the stock, down previously from $55.00. This represents a 5.8% upside from the current price of $50.11.
Mr. Cooper Group (NASDAQ:COOP) was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating. They now have a $95.00 price target on the stock. This represents a 8.4% upside from the current price of $87.67.
CrowdStrike (NASDAQ:CRWD) was downgraded by analysts at BTIG Research from a “buy” rating to a “neutral” rating.The current price is $268.57.
CrowdStrike (NASDAQ:CRWD) was downgraded by analysts at Guggenheim from a “buy” rating to a “neutral” rating.The current price is $268.57.
CrowdStrike (NASDAQ:CRWD) was downgraded by analysts at Scotiabank from a “sector outperform” rating to a “sector perform” rating. They now have a $300.00 price target on the stock, down previously from $393.00. This represents a 11.7% upside from the current price of $268.57.
Consolidated Edison (NYSE:ED) was downgraded by analysts at Barclays PLC from an “equal weight” rating to an “underweight” rating. They now have a $92.00 price target on the stock, down previously from $97.00. This represents a 2.5% downside from the current price of $94.34.
Estée Lauder Companies (NYSE:EL) was downgraded by analysts at Raymond James from a “strong-buy” rating to a “market perform” rating.The current price is $100.28.
Fidelity National Information Services (NYSE:FIS) was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating. They now have a $79.00 price target on the stock. This represents a 5.2% upside from the current price of $75.08.
HDFC Bank (NYSE:HDB) was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating.The current price is $60.57.
Hippo (NYSE:HIPO) was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating. They now have a $20.00 price target on the stock, down previously from $22.00. This represents a 7.2% upside from the current price of $18.65.
Interpublic Group of Companies (NYSE:IPG) was downgraded by analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating. They now have a $28.00 price target on the stock, down previously from $34.00. This represents a 4.5% downside from the current price of $29.32.
Lennar (NYSE:LEN) was downgraded by analysts at The Goldman Sachs Group, Inc. from a “buy” rating to a “neutral” rating. They now have a $174.00 price target on the stock, down previously from $180.00. This represents a 3.2% upside from the current price of $168.65.
Open Lending (NASDAQ:LPRO) was downgraded by analysts at Needham & Company LLC from a “buy” rating to a “hold” rating.The current price is $5.79.
NU (NYSE:NU) was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. They now have a $14.50 price target on the stock, up previously from $12.00. This represents a 14.2% upside from the current price of $12.70.
PennyMac Financial Services (NYSE:PFSI) was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating. They now have a $102.00 price target on the stock. This represents a 2.3% upside from the current price of $99.69.
Redwire (NYSE:RDW) was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $8.00 price target on the stock, up previously from $6.00. This represents a 15.1% upside from the current price of $6.95.
Stifel Financial (NYSE:SF) was downgraded by analysts at Wolfe Research from an “outperform” rating to a “peer perform” rating.The current price is $81.83.
Schneider National (NYSE:SNDR) was downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperform” rating. They now have a $23.00 price target on the stock. This represents a 5.7% downside from the current price of $24.38.
Savers Value Village (NYSE:SVV) was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. They now have a $12.00 price target on the stock, down previously from $21.00. This represents a 14.8% upside from the current price of $10.45.
Westamerica Bancorporation (NASDAQ:WABC) was downgraded by analysts at Maxim Group from a “buy” rating to a “hold” rating.The current price is $53.16.
View today’s most recent analysts’ downgrades at MarketBeat.com

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Analysts’ New Coverage

AnaptysBio (NASDAQ:ANAB) is now covered by analysts at HC Wainwright. They set a “buy” rating and a $55.00 price target on the stock. This represents a 56.0% upside from the current price of $35.25.
ArriVent BioPharma (NASDAQ:AVBP) is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $35.00 price target on the stock. This represents a 82.1% upside from the current price of $19.22.
American Vanguard (NYSE:AVD) is now covered by analysts at Lake Street Capital. They set a “buy” rating and a $14.00 price target on the stock. This represents a 52.5% upside from the current price of $9.18.
Axsome Therapeutics (NASDAQ:AXSM) is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $130.00 price target on the stock. This represents a 53.7% upside from the current price of $84.56.
Benitec Biopharma (NASDAQ:BNTC) is now covered by analysts at SVB Leerink LLC. They set an “outperform” rating and a $13.00 price target on the stock. This represents a 44.4% upside from the current price of $9.00.
Berkshire Hathaway (NYSE:BRK.B) is now covered by analysts at TD Cowen. They set a “hold” rating and a $465.00 price target on the stock. This represents a 6.7% upside from the current price of $435.77.
Celcuity (NASDAQ:CELC) is now covered by analysts at SVB Leerink LLC. They set an “outperform” rating and a $29.00 price target on the stock. This represents a 61.4% upside from the current price of $17.97.
CARGO Therapeutics (NASDAQ:CRGX) is now covered by analysts at HC Wainwright. They set a “buy” rating and a $33.00 price target on the stock. This represents a 95.7% upside from the current price of $16.86.
Driven Brands (NASDAQ:DRVN) is now covered by analysts at BMO Capital Markets. They set a “market perform” rating and a $14.00 price target on the stock. This represents a 7.4% upside from the current price of $13.03.
Enovix (NASDAQ:ENVX) is now covered by analysts at Benchmark Co.. They set a “buy” rating and a $25.00 price target on the stock. This represents a 58.8% upside from the current price of $15.74.
EVgo (NYSE:EVGO) is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $4.00 price target on the stock. This represents a 16.6% upside from the current price of $3.43.
Lyft (NASDAQ:LYFT) is now covered by analysts at Melius. They set a “hold” rating and a $15.00 price target on the stock. This represents a 20.8% upside from the current price of $12.42.
Lyft (NASDAQ:LYFT) is now covered by analysts at Melius Research. They set a “hold” rating and a $15.00 price target on the stock. This represents a 20.8% upside from the current price of $12.42.
nCino (NASDAQ:NCNO) is now covered by analysts at JMP Securities. They set an “outperform” rating and a $43.00 price target on the stock. This represents a 30.4% upside from the current price of $32.97.
Neumora Therapeutics (NASDAQ:NMRA) is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $23.00 price target on the stock. This represents a 96.4% upside from the current price of $11.71.
Symbotic (NASDAQ:SYM) is now covered by analysts at BWS Financial. They set a “sell” rating and a $10.00 price target on the stock. This represents a 73.9% downside from the current price of $38.29.
Talos Energy (NYSE:TALO) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “buy” rating and a $14.00 price target on the stock. This represents a 16.5% upside from the current price of $12.02.
Tamboran Resources (NYSE:TBN) is now covered by analysts at Royal Bank of Canada. They set a “sector perform” rating and a $31.00 price target on the stock. This represents a 27.0% upside from the current price of $24.40.
Tamboran Resources (NYSE:TBN) is now covered by analysts at Piper Sandler. They set an “overweight” rating and a $41.00 price target on the stock. This represents a 68.0% upside from the current price of $24.40.
Tamboran Resources (NYSE:TBN) is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a $32.00 price target on the stock. This represents a 31.1% upside from the current price of $24.40.
Uber Technologies (NYSE:UBER) is now covered by analysts at Melius. They set a “hold” rating and a $77.00 price target on the stock. This represents a 13.2% upside from the current price of $68.02.
Uber Technologies (NYSE:UBER) is now covered by analysts at Melius Research. They set a “hold” rating and a $77.00 price target on the stock. This represents a 13.2% upside from the current price of $68.02.
WEBTOON Entertainment (NASDAQ:WBTN) is now covered by analysts at JPMorgan Chase & Co.. They set a “neutral” rating and a $23.00 price target on the stock. This represents a 8.6% upside from the current price of $21.17.
WEBTOON Entertainment (NASDAQ:WBTN) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “buy” rating and a $62.00 price target on the stock. This represents a 192.9% upside from the current price of $21.17.
WEBTOON Entertainment (NASDAQ:WBTN) is now covered by analysts at Evercore ISI. They set an “outperform” rating and a $30.00 price target on the stock. This represents a 41.7% upside from the current price of $21.17.
WEBTOON Entertainment (NASDAQ:WBTN) is now covered by analysts at Morgan Stanley. They set an “equal weight” rating and a $23.00 price target on the stock. This represents a 8.6% upside from the current price of $21.17.
WEBTOON Entertainment (NASDAQ:WBTN) is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a “buy” rating and a $25.00 price target on the stock. This represents a 18.1% upside from the current price of $21.17.
View today’s most recent analysts’ new coverage at MarketBeat.com

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