🌎 Las Vegas Sands Downgraded, Roku Upgraded, Topgolf Callaway Brands Downgraded and more…

🌎 Las Vegas Sands Downgraded, Roku Upgraded, Topgolf Callaway…

August 23, 2024
by RJ Hamster

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August 23rd, 2024

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Today’s Top Stories

Lumen: Among Top Performers Last Month, Still Has Warning Signs

How to prepare for the Fed’s forthcoming interest rate cuts

America’s murder capital holds a wealth-building phenomenon (Porter & Company)

Baidu’s Strong Quarter Proves a Smart Pick for Michael Burry

Rail official says 1 of Canada’s 2 major freight railways is rolling again, as union challenges labor arbitration order

Intuit Beats Q4 Earnings: AI, Dividends, and a Growth Strategy

Powell at Jackson Hole: ‘The time has come’ for the Fed to soon begin reducing interest rates

The #1 A.I. Crypto You Don’t Own (YET!) (Crypto 101 Media)

Ross Stores Investors Win Big as Off-Price Retailers Outperform

Germany plans $3.7 billion program to help decarbonize industry, including carbon storage

Biotech Stock Soars 60% in 2024: Cathie Wood’s Bold Investment

Analyst: Warby Parker Has Ample Growth Potential

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Apple Inc. (AAPL)
- (8/23) How Google makes custom chips used to train Apple AI models and its own chatbot, Gemini (cnbc.com)
- (8/23) Zacks Investment Ideas feature highlights: Alphabet and Apple (uk.finance.yahoo.com)
- (8/23) Apple Implements Major Changes for EU Compliance (msn.com)
- (8/23) Apple Stock: Should Investors Take Some Profits Off the Table? (finance.yahoo.com)
- (8/23) Apple Stock: Should Investors Take Some Profits Off the Table? (fool.com)
- (8/23) 62% of Warren Buffett’s $314 Billion Portfolio Is Invested in These 4 Unstoppable Stocks (fool.com)
- (8/23) ARQ Wealth Advisors LLC Has $4.16 Million Stock Holdings in Apple Inc. (NASDAQ:AAPL) (marketbeat.com)
- (8/23) Better Artificial Intelligence (AI) Stock: Microsoft vs. Apple (fool.com)
- (8/23) Apple to let iPhone users in Europe delete its App Store (techxplore.com)
- (8/23) The Cheapest Trillion-Dollar Stock: Nvidia, Microsoft, Apple, Amazon, Alphabet, or Meta? (fool.com)
Amazon.com, Inc. (AMZN)
Alphabet Inc. (GOOGL)
Meta Platforms, Inc. (META)
- insider Jennifer Newstead sold 905 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $528.38, for a total value of $478,183.90. Following the completion of the transaction, the insider now directly owns 40,532 shares in the company, valued at approximately $21,416,298.16. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
- (8/23) Jennifer Newstead Sells 905 Shares of Meta Platforms, Inc. (NASDAQ:META) Stock (insidertrades.com)
- (8/23) Arevon and Meta work together on long-term Indiana solar project (finance.yahoo.com)
- (8/23) Rockland Trust Co. Has $33.80 Million Stock Holdings in Meta Platforms, Inc. (NASDAQ:META)(marketbeat.com)
- (8/23) Meta, Cisco And 2 Other Stocks Executives Are Selling (benzinga.com)
- (8/23) This Prominent Billionaire Has $6 Billion Invested in These 2 AI Stocks (fool.com)
- (8/23) Meta and Alphabet Have Quietly Warned Investors About a Potentially Big Risk (fool.com)
- (8/23) Q3 2024 EPS Estimates for Meta Platforms, Inc. Increased by Analyst (NASDAQ:META) (marketbeat.com)
- (8/23) The Cheapest Trillion-Dollar Stock: Nvidia, Microsoft, Apple, Amazon, Alphabet, or Meta? (fool.com)
- (8/23) Meta Platforms, Inc. (NASDAQ:META) Given Consensus Rating of “Moderate Buy” by Brokerages(marketbeat.com)
- (8/22) Insider Selling: Meta Platforms, Inc. (NASDAQ:META) Insider Sells 905 Shares of Stock (marketbeat.com)
Microsoft Co. (MSFT)

Analysts’ Upgrades

Bilibili (NASDAQ:BILI) was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $19.00 price target on the stock, up previously from $14.00. This represents a 30.3% upside from the current price of $14.58.
BJ’s Wholesale Club (NYSE:BJ) was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating. They now have a $92.00 price target on the stock, up previously from $75.00. This represents a 12.1% upside from the current price of $82.09.
Gaming and Leisure Properties (NASDAQ:GLPI) was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating. They now have a $57.00 price target on the stock. This represents a 13.3% upside from the current price of $50.31.
Hawaiian Electric Industries (NYSE:HE) was upgraded by analysts at Wells Fargo & Company from an “underweight” rating to an “equal weight” rating. They now have a $14.00 price target on the stock. This represents a 18.4% upside from the current price of $11.82.
Lyft (NASDAQ:LYFT) was upgraded by analysts at Nomura from a “reduce” rating to a “neutral” rating. They now have a $13.00 price target on the stock, down previously from $15.00. This represents a 11.5% upside from the current price of $11.66.
Roku (NASDAQ:ROKU) was upgraded by analysts at Guggenheim from a “neutral” rating to a “buy” rating. They now have a $75.00 price target on the stock. This represents a 10.5% upside from the current price of $67.89.
Snowflake (NYSE:SNOW) was upgraded by analysts at HSBC Holdings plc from a “reduce” rating to a “hold” rating. They now have a $121.00 price target on the stock, up previously from $119.00. This represents a 5.5% upside from the current price of $114.70.
BBB Foods (NYSE:TBBB) was upgraded by analysts at HSBC Holdings plc from a “reduce” rating to a “hold” rating. They now have a $31.00 price target on the stock. This represents a 1.4% downside from the current price of $31.44.
Westlake (NYSE:WLK) was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating. They now have a $174.00 price target on the stock, up previously from $157.00. This represents a 16.4% upside from the current price of $149.51.
Warby Parker (NYSE:WRBY) was upgraded by analysts at JMP Securities from a “market perform” rating to an “outperform” rating. They now have a $20.00 price target on the stock. This represents a 29.4% upside from the current price of $15.46.
View today’s most recent analysts’ upgrades at MarketBeat.com

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Analysts’ Downgrades

Baidu (NASDAQ:BIDU) was downgraded by analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating. They now have a $97.00 price target on the stock, down previously from $130.00. This represents a 13.0% upside from the current price of $85.83.
BILL (NYSE:BILL) was downgraded by analysts at The Goldman Sachs Group, Inc. from a “buy” rating to a “neutral” rating. They now have a $54.00 price target on the stock, down previously from $86.00. This represents a 13.4% upside from the current price of $47.62.
iQIYI (NASDAQ:IQ) was downgraded by analysts at Benchmark Co. from a “buy” rating to a “hold” rating.The current price is $2.43.
KORE Group (NYSE:KORE) was downgraded by analysts at TD Cowen from a “buy” rating to a “hold” rating. They now have a $2.00 price target on the stock. This represents a 17.4% downside from the current price of $2.42.
Las Vegas Sands (NYSE:LVS) was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating. They now have a $49.00 price target on the stock, down previously from $70.00. This represents a 20.6% upside from the current price of $40.63.
Topgolf Callaway Brands (NYSE:MODG) was downgraded by analysts at Raymond James from an “outperform” rating to an “underperform” rating.The current price is $11.57.
Peloton Interactive (NASDAQ:PTON) was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. They now have a $5.00 price target on the stock, down previously from $7.00. This represents a 11.9% upside from the current price of $4.47.
View today’s most recent analysts’ downgrades at MarketBeat.com

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Analysts’ New Coverage

Autodesk (NASDAQ:ADSK) is now covered by analysts at Morgan Stanley. They set an “overweight” rating and a $305.00 price target on the stock. This represents a 19.7% upside from the current price of $254.91.
Chewy (NYSE:CHWY) is now covered by analysts at Piper Sandler. They set an “overweight” rating and a $35.00 price target on the stock. This represents a 29.6% upside from the current price of $27.00.
LifeMD (NASDAQ:LFMD) is now covered by analysts at B. Riley. They set a “buy” rating and a $11.00 price target on the stock. This represents a 103.0% upside from the current price of $5.42.
Smurfit Westrock (NYSE:SW) is now covered by analysts at Redburn Atlantic. They set a “buy” rating and a $60.00 price target on the stock. This represents a 33.6% upside from the current price of $44.91.
Varex Imaging (NASDAQ:VREX) is now covered by analysts at B. Riley. They set a “buy” rating and a $21.00 price target on the stock. This represents a 72.1% upside from the current price of $12.20.
Warby Parker (NYSE:WRBY) is now covered by analysts at Piper Sandler. They set an “overweight” rating and a $18.00 price target on the stock. This represents a 16.4% upside from the current price of $15.46.
View today’s most recent analysts’ new coverage at MarketBeat.com

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RJ Hamster

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🌎 Las Vegas Sands Downgraded, Roku Upgraded, Topgolf Callaway Brands Downgraded and more…

🌎 Las Vegas Sands Downgraded, Roku Upgraded, Topgolf Callaway…

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