🌎 Microsoft Downgraded, Affirm Upgraded, QUALCOMM Downgraded and more…

RJ Hamster

7 months ago

OCTOBER 8TH, 2024

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Apple Inc. (AAPL)

(10/8) Think You Missed the AI Boom? These 3 Stocks Are Just Starting (AAPL)(marketbeat.com)
(10/8) Top Stock Movers Now: Humana, Amazon, Apple, and More (msn.com)
(10/8) Apple’s stock draws a downgrade as AI optimism may be very premature(morningstar.com)
(10/8) Warren Buffett Sold Half of Apple (AAPL) Shares in Q3 (msn.com)
(10/8) Apple Stock Forecast: Is AAPL a Good Buy Near All-Time Highs? (msn.com)

Amazon.com, Inc. (AMZN)

Alphabet Inc. (GOOGL)

(10/8) Google (GOOGL) Faces Major Overhaul Due to Antitrust Ruling (gurufocus.com)
(10/8) US to propose how Google should boost online search competition (reuters.com)
(10/8) What comes next in Google’s antitrust case over search? (reuters.com)
(10/8) Google must allow third-party app stores on Android, Epic Games judge rules(businessinsider.com)
(10/8) Federal judge orders Google to open its Android app store to competition(techxplore.com)

Meta Platforms, Inc. (META)

Microsoft Co. (MSFT)

Microsoft (NASDAQ:MSFT) was downgraded by analysts at Oppenheimer Holdings Inc. ( ) from an “outperform” rating to a “market perform” rating.The current price is $413.35.
(10/8) IriusRisk partners with Adam Shostack to deliver threat modeling coaching services(financialpost.com)
(10/8) CrashPlan Acquires Microsoft Partner Parablu to Extend M365 Protection(globenewswire.com)
(10/8) Better Quantum Computing Stock: Microsoft vs. IonQ (fool.com)
(10/8) Best Buy: AI Demand Is Recharging the Electronics Upgrade Cycle (MSFT)(marketbeat.com)
(10/8) Top 3 Growth Stocks Poised for a Strong Q4 2024 Rally (MSFT) (marketbeat.com)

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Analysts’ Upgrades

Affirm (NASDAQ:AFRM) was upgraded by analysts at BTIG Research from a “neutral” rating to a “buy” rating. They now have a $68.00 price target on the stock. This represents a 68.5% upside from the current price of $40.36.

CEMEX (NYSE:CX) was upgraded by analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating. They now have a $6.50 price target on the stock, down previously from $9.00. This represents a 11.3% upside from the current price of $5.84.

Humana (NYSE:HUM) was upgraded by analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating. They now have a $308.00 price target on the stock. This represents a 26.5% upside from the current price of $243.43.

McDonald’s (NYSE:MCD) was upgraded by analysts at Argus from a “hold” rating to a “buy” rating.The current price is $301.08.

Cassava Sciences (NASDAQ:SAVA) was upgraded by analysts at HC Wainwright from a “neutral” rating to a “buy” rating. They now have a $116.00 price target on the stock. This represents a 291.4% upside from the current price of $29.64.

Sun Country Airlines (NASDAQ:SNCY) was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating. They now have a $14.00 price target on the stock. This represents a 30.1% upside from the current price of $10.76.

Ubisoft Entertainment (OTCMKTS:UBSFY) was upgraded by analysts at UBS Group AG from a “sell” rating to a “neutral” rating.The current price is $2.95.

UFP Industries (NASDAQ:UFPI) was upgraded by analysts at Wedbush from a “neutral” rating to an “outperform” rating. They now have a $155.00 price target on the stock, up previously from $120.00. This represents a 16.6% upside from the current price of $132.94.

UWM (NYSE:UWMC) was upgraded by analysts at Barclays PLC from an “underweight” rating to an “equal weight” rating. They now have a $8.00 price target on the stock, up previously from $6.00. This represents a 9.0% upside from the current price of $7.34.

Waters (NYSE:WAT) was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $415.00 price target on the stock, up previously from $355.00. This represents a 16.0% upside from the current price of $357.66.

Wells Fargo & Company (NYSE:WFC) was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating. They now have a $65.00 price target on the stock. This represents a 13.0% upside from the current price of $57.54.

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Analysts’ Downgrades

American Express (NYSE:AXP) was downgraded by analysts at BTIG Research from a “neutral” rating to a “sell” rating. They now have a $230.00 price target on the stock. This represents a 14.7% downside from the current price of $269.50.

American Express (NYSE:AXP) was downgraded by analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating. They now have a $270.00 price target on the stock, up previously from $265.00. This represents a 0.2% upside from the current price of $269.50.

Anheuser-Busch InBev SA/NV (NYSE:BUD) was downgraded by analysts at TD Cowen from a “buy” rating to a “hold” rating. They now have a $88.00 price target on the stock, up previously from $68.00. This represents a 37.1% upside from the current price of $64.21.

CME Group (NASDAQ:CME) was downgraded by analysts at Redburn Atlantic from a “buy” rating to a “neutral” rating. They now have a $244.00 price target on the stock. This represents a 9.7% upside from the current price of $222.41.

Frontier Communications Parent (NASDAQ:FYBR) was downgraded by analysts at TD Cowen from a “buy” rating to a “hold” rating. They now have a $38.50 price target on the stock, down previously from $39.00. This represents a 8.8% upside from the current price of $35.39.

Microsoft (NASDAQ:MSFT) was downgraded by analysts at Oppenheimer Holdings Inc. from an “outperform” rating to a “market perform” rating.The current price is $412.97.

OneMain (NYSE:OMF) was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $46.00 price target on the stock, down previously from $52.00. This represents a 0.3% upside from the current price of $45.88.

Otis Worldwide (NYSE:OTIS) was downgraded by analysts at Wolfe Research from an “outperform” rating to a “peer perform” rating.The current price is $101.09.

QUALCOMM (NASDAQ:QCOM) was downgraded by analysts at KeyCorp from an “overweight” rating to a “sector weight” rating.The current price is $166.04.

Constellation Brands (NYSE:STZ) was downgraded by analysts at TD Cowen from a “buy” rating to a “hold” rating. They now have a $270.00 price target on the stock, down previously from $300.00. This represents a 13.1% upside from the current price of $238.80.

Synaptics (NASDAQ:SYNA) was downgraded by analysts at KeyCorp from an “overweight” rating to a “sector weight” rating.The current price is $74.00.

Trip.com Group (NASDAQ:TCOM) was downgraded by analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating.The current price is $62.97.

VIEW MORE DOWNGRADES

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Analysts’ New Coverage

Abbott Laboratories (NYSE:ABT) is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $130.00 price target on the stock. This represents a 13.9% upside from the current price of $114.18.

Arcellx (NASDAQ:ACLX) is now covered by analysts at Redburn Atlantic. They set a “buy” rating and a $109.00 price target on the stock. This represents a 40.6% upside from the current price of $77.50.

Bicara Therapeutics (NASDAQ:BCAX) is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating on the stock.The current price is $23.21.

Bicara Therapeutics (NASDAQ:BCAX) is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $47.00 price target on the stock. This represents a 102.5% upside from the current price of $23.21.

Bicara Therapeutics (NASDAQ:BCAX) is now covered by analysts at TD Cowen. They set a “buy” rating on the stock.The current price is $23.21.

Bicara Therapeutics (NASDAQ:BCAX) is now covered by analysts at Morgan Stanley. They set an “overweight” rating and a $35.00 price target on the stock. This represents a 50.8% upside from the current price of $23.21.

Barclays (NYSE:BCS) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “buy” rating on the stock.The current price is $12.06.

Bitdeer Technologies Group (NASDAQ:BTDR) is now covered by analysts at Alliance Global Partners. They set a “buy” rating and a $14.00 price target on the stock. This represents a 96.1% upside from the current price of $7.14.

CION Investment (NYSE:CION) is now covered by analysts at Oppenheimer Holdings Inc.. They set a “market perform” rating and a $13.00 price target on the stock. This represents a 10.4% upside from the current price of $11.78.

CrowdStrike (NASDAQ:CRWD) is now covered by analysts at BNP Paribas. They set a “neutral” rating and a $285.00 price target on the stock. This represents a 1.3% downside from the current price of $288.89.

Curbline Properties (NYSE:CURB) is now covered by analysts at Citigroup Inc.. They set a “neutral” rating and a $25.00 price target on the stock. This represents a 5.6% upside from the current price of $23.68.

Datadog (NASDAQ:DDOG) is now covered by analysts at BNP Paribas. They set an “outperform” rating and a $150.00 price target on the stock. This represents a 20.2% upside from the current price of $124.79.

Dynatrace (NYSE:DT) is now covered by analysts at BNP Paribas. They set a “neutral” rating and a $52.00 price target on the stock. This represents a 2.5% downside from the current price of $53.33.

First National (NASDAQ:FXNC) is now covered by analysts at Hovde Group. They set an “outperform” rating and a $22.00 price target on the stock. This represents a 18.3% upside from the current price of $18.59.

Genmab A/S (NASDAQ:GMAB) is now covered by analysts at Redburn Atlantic. They set a “buy” rating on the stock.The current price is $23.59.

GRI Bio (NASDAQ:GRI) is now covered by analysts at Ascendiant Capital Markets. They set a “buy” rating and a $12.00 price target on the stock.

Howmet Aerospace (NYSE:HWM) is now covered by analysts at Susquehanna. They set a “positive” rating and a $120.00 price target on the stock. This represents a 16.1% upside from the current price of $103.35.

Samsara (NYSE:IOT) is now covered by analysts at BNP Paribas. They set a “neutral” rating and a $46.00 price target on the stock. This represents a 3.5% downside from the current price of $47.65.

Legend Biotech (NASDAQ:LEGN) is now covered by analysts at Redburn Atlantic. They set a “buy” rating and a $86.00 price target on the stock. This represents a 76.8% upside from the current price of $48.65.

Light & Wonder (NASDAQ:LNW) is now covered by analysts at B. Riley. They set a “buy” rating and a $120.00 price target on the stock. This represents a 24.9% upside from the current price of $96.08.

MBX Biosciences (NYSE:MBX) is now covered by analysts at JPMorgan Chase & Co.. They set an “overweight” rating and a $30.00 price target on the stock. This represents a 29.3% upside from the current price of $23.20.

MBX Biosciences (NYSE:MBX) is now covered by analysts at Jefferies Financial Group Inc.. They set a “buy” rating and a $35.00 price target on the stock. This represents a 50.9% upside from the current price of $23.20.

MBX Biosciences (NYSE:MBX) is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $40.00 price target on the stock. This represents a 72.4% upside from the current price of $23.20.

MBX Biosciences (NYSE:MBX) is now covered by analysts at Guggenheim. They set a “buy” rating and a $44.00 price target on the stock. This represents a 89.7% upside from the current price of $23.20.

Morningstar (NASDAQ:MORN) is now covered by analysts at UBS Group AG. They set a “buy” rating and a $390.00 price target on the stock. This represents a 19.5% upside from the current price of $326.42.

Cloudflare (NYSE:NET) is now covered by analysts at BNP Paribas. They set an “underperform” rating and a $65.00 price target on the stock. This represents a 19.8% downside from the current price of $81.00.

Envista (NYSE:NVST) is now covered by analysts at Wells Fargo & Company. They set an “equal weight” rating and a $20.00 price target on the stock. This represents a 8.3% upside from the current price of $18.47.

Arcus Biosciences (NYSE:RCUS) is now covered by analysts at Wells Fargo & Company. They set an “overweight” rating and a $29.00 price target on the stock. This represents a 55.7% upside from the current price of $18.63.

Sable Offshore (NYSE:SOC) is now covered by analysts at BWS Financial. They set a “sell” rating and a $6.00 price target on the stock. This represents a 71.9% downside from the current price of $21.36.

Solventum (NYSE:SOLV) is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $82.00 price target on the stock. This represents a 20.1% upside from the current price of $68.29.

Veeva Systems (NYSE:VEEV) is now covered by analysts at BNP Paribas. They set an “outperform” rating and a $286.00 price target on the stock. This represents a 39.7% upside from the current price of $204.74.

Zapp Electric Vehicles Group (NASDAQ:ZAPP) is now covered by analysts at Maxim Group. They set a “buy” rating and a $7.00 price target on the stock. This represents a 161.2% upside from the current price of $2.68.

ProShares UltraPro Short Nasdaq Biotechnology (NASDAQ:ZBIO) is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a $27.00 price target on the stock. This represents a 44.4% upside from the current price of $18.70.

ProShares UltraPro Short Nasdaq Biotechnology (NASDAQ:ZBIO) is now covered by analysts at Jefferies Financial Group Inc.. They set a “buy” rating and a $35.00 price target on the stock. This represents a 87.2% upside from the current price of $18.70.

ProShares UltraPro Short Nasdaq Biotechnology (NASDAQ:ZBIO) is now covered by analysts at Morgan Stanley. They set an “overweight” rating and a $40.00 price target on the stock. This represents a 113.9% upside from the current price of $18.70.

ProShares UltraPro Short Nasdaq Biotechnology (NASDAQ:ZBIO) is now covered by analysts at Guggenheim. They set a “buy” rating and a $45.00 price target on the stock. This represents a 140.6% upside from the current price of $18.70.

Zscaler (NASDAQ:ZS) is now covered by analysts at BNP Paribas. They set a “neutral” rating and a $180.00 price target on the stock. This represents a 2.6% upside from the current price of $175.52.

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