🌎 Enphase Energy Downgraded, Cisco Systems Upgraded, Autodesk Initiated and more…

RJ Hamster

6 months ago

OCTOBER 16TH, 2024

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Your Watchlist

MANAGE YOUR WATCHLIST AND MONITOR YOUR PORTFOLIO

Apple Inc. (AAPL)

(10/16) Apple could lose a third of Google revenue by 2028 from antitrust case: Jefferies (msn.com)
(10/16) Wall Street expert reveals three companies to hit $4 trillion in 2025 (finbold.com)
(10/16) Watch These Apple Price Levels as Stock Trades Near Record High (investopedia.com)
(10/16) Citigroup Faces Growing Troubles: Could the Industry Be at Risk? (AAPL) (marketbeat.com)
(10/16) $1M bet ChatGPT won’t lead to AGI, Apple’s intelligent AI use, AI millionaires surge: AI Eye (247cryptonews.com)

Amazon.com, Inc. (AMZN)

Amazon.com (NASDAQ:AMZN) had its price target raised by analysts at Loop Capital ( ) from $750.00 to $800.00. They now have a “buy” rating on the stock. This represents a 328.3% upside from the current price of $186.78.
(10/16) Amazon is investing over $500 million in nuclear power—here’s why (invezz.com)
(10/16) Is Amazon.com, Inc. (AMZN) the Best Internet Content Stock to Buy? (msn.com)
(10/16) Is Amazon.com, Inc. (AMZN) the Best High Growth NASDAQ Stock That is Profitable in 2024? (msn.com)
(10/16) Amazon is investing over $500 million in nuclear power—here’s why (invezz.com)
(10/16) Amazon joins the tech giants investing in nuclear to power AI data (proactiveinvestors.com)

Alphabet Inc. (GOOGL)

Alphabet (NASDAQ:GOOGL) had its price target raised by analysts at Truist Financial Co. ( ) from $196.00 to $220.00. They now have a “buy” rating on the stock. This represents a 33.2% upside from the current price of $165.19.
CAO Amie Thuener O’toole sold 2,834 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $167.23, for a total value of $473,929.82. Following the sale, the chief accounting officer now owns 26,349 shares in the company, valued at $4,406,343.27. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Director John L. Hennessy sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $164.95, for a total value of $247,425.00. Following the completion of the transaction, the director now directly owns 26,324 shares of the company’s stock, valued at approximately $4,342,143.80. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
(10/16) Alphabet (NASDAQ:GOOGL) Price Target Increased to $220.00 by Analysts at Truist Financial (marketbeat.com)
(10/16) The Best Robotaxi Stock to Buy Now (Hint: Not Tesla) (fool.com)
(10/16) 2 No-Brainer Artificial Intelligence (AI) Stocks to Buy With $600 Right Now (fool.com)
(10/16) Over 20% of Billionaire Bill Ackman’s Portfolio Is Invested in This Artificial Intelligence (AI) Stock — and Wall Street Thinks It Will Soar More Than 20% (fool.com)
(10/16) Amie Thuener O’toole Sells 2,834 Shares of Alphabet Inc. (NASDAQ:GOOGL) Stock (americanbankingnews.com)

Meta Platforms, Inc. (META)

COO Javier Olivan sold 413 shares of the firm’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $584.83, for a total transaction of $241,534.79. Following the completion of the sale, the chief operating officer now directly owns 11,533 shares of the company’s stock, valued at approximately $6,744,844.39. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
(10/16) Meta Platforms, Inc. (NASDAQ:META) Shares Sold by Asset Dedication LLC (marketbeat.com)
(10/16) Stock-Split Watch: 3 Unbeatable Tech Stocks That Look Ready to Split (fool.com)
(10/16) Insider Selling: Meta Platforms, Inc. (NASDAQ:META) COO Sells 413 Shares of Stock (insidertrades.com)
(10/16) Should You Buy Meta Stock Before Oct. 30? (fool.com)
(10/15) Meta Platforms, Inc. (NASDAQ:META) COO Sells $241,534.79 in Stock (marketbeat.com)

Microsoft Co. (MSFT)

(10/16) Wall Street expert reveals three companies to hit $4 trillion in 2025 (finbold.com)
(10/16) Maximize your dev budget with Microsoft Visual Studio Professional (financialpost.com)
(10/16) Zafin Strengthens Collaboration with Microsoft, Advancing Bank Modernization with Azure AI (financialpost.com)
(10/16) 3 Election Momentum Stocks You Might Have Missed (MSFT) (marketbeat.com)
(10/16) DDD Partners LLC Has $75.81 Million Position in Microsoft Co. (NASDAQ:MSFT) (marketbeat.com)

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Analysts’ Upgrades

Cognex (NASDAQ:CGNX) was upgraded by analysts at Stephens from an “equal weight” rating to an “overweight” rating. They now have a $55.00 price target on the stock, up previously from $45.00. This represents a 35.7% upside from the current price of $40.52.

Cisco Systems (NASDAQ:CSCO) was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $62.00 price target on the stock, up previously from $52.00. This represents a 11.8% upside from the current price of $55.45.

Corteva (NYSE:CTVA) was upgraded by analysts at Bank of America Co. from a “neutral” rating to a “buy” rating. They now have a $67.00 price target on the stock, up previously from $59.00. This represents a 13.9% upside from the current price of $58.81.

W.W. Grainger (NYSE:GWW) was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $1,230.00 price target on the stock, up previously from $975.00. This represents a 10.8% upside from the current price of $1,110.41.

NovoCure (NASDAQ:NVCR) was upgraded by analysts at HC Wainwright from a “neutral” rating to a “buy” rating. They now have a $30.00 price target on the stock, up previously from $24.00. This represents a 67.2% upside from the current price of $17.94.

Universal Health Services (NYSE:UHS) was upgraded by analysts at TD Cowen from a “hold” rating to a “buy” rating. They now have a $283.00 price target on the stock, up previously from $220.00. This represents a 18.7% upside from the current price of $238.38.

WESCO International (NYSE:WCC) was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $550.00 price target on the stock, up previously from $522.00. This represents a 207.6% upside from the current price of $178.80.

Westlake (NYSE:WLK) was upgraded by analysts at Bank of America Co. from an “underperform” rating to a “neutral” rating. They now have a $159.00 price target on the stock, up previously from $151.00. This represents a 11.0% upside from the current price of $143.21.

VIEW MORE UPGRADES

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Analysts’ Downgrades

Carrier Global (NYSE:CARR) was downgraded by analysts at Stephens from an “overweight” rating to an “equal weight” rating. They now have a $85.00 price target on the stock, up previously from $75.00. This represents a 4.2% upside from the current price of $81.54.

CF Industries (NYSE:CF) was downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperform” rating. They now have a $83.00 price target on the stock. This represents a 2.2% downside from the current price of $84.88.

Estée Lauder Companies (NYSE:EL) was downgraded by analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating. They now have a $100.00 price target on the stock. This represents a 10.3% upside from the current price of $90.63.

Eastman Chemical (NYSE:EMN) was downgraded by analysts at Bank of America Co. from a “buy” rating to a “neutral” rating. They now have a $119.00 price target on the stock, up previously from $114.00. This represents a 8.2% upside from the current price of $109.98.

Emerson Electric (NYSE:EMR) was downgraded by analysts at Stephens from an “overweight” rating to an “equal weight” rating. They now have a $120.00 price target on the stock, down previously from $135.00. This represents a 8.5% upside from the current price of $110.64.

Enphase Energy (NASDAQ:ENPH) was downgraded by analysts at Susquehanna from a “positive” rating to a “neutral” rating. They now have a $104.00 price target on the stock, down previously from $147.00. This represents a 13.2% upside from the current price of $91.89.

Hawkins (NASDAQ:HWKN) was downgraded by analysts at BWS Financial from a “buy” rating to a “neutral” rating.The current price is $134.42.

L’Oréal (OTCMKTS:LRLCY) was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating.The current price is $81.15.

Omnicom Group (NYSE:OMC) was downgraded by analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating. They now have a $110.00 price target on the stock, up previously from $106.00. This represents a 4.6% upside from the current price of $105.14.

Piedmont Lithium (NASDAQ:PLL) was downgraded by analysts at Macquarie from a “neutral” rating to an “underperform” rating. They now have a $7.80 price target on the stock. This represents a 39.3% downside from the current price of $12.85.

Sitio Royalties (NYSE:STR) was downgraded by analysts at KeyCorp from an “overweight” rating to a “sector weight” rating.The current price is $23.10.

Yum! Brands (NYSE:YUM) was downgraded by analysts at TD Cowen from a “buy” rating to a “hold” rating. They now have a $145.00 price target on the stock, down previously from $156.00. This represents a 9.1% upside from the current price of $132.92.

VIEW MORE DOWNGRADES

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Analysts’ New Coverage

Autodesk (NASDAQ:ADSK) is now covered by analysts at Wells Fargo & Company. They set an “overweight” rating and a $340.00 price target on the stock. This represents a 18.5% upside from the current price of $286.93.

Agios Pharmaceuticals (NASDAQ:AGIO) is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $51.00 price target on the stock. This represents a 19.3% upside from the current price of $42.74.

Alnylam Pharmaceuticals (NASDAQ:ALNY) is now covered by analysts at Scotiabank. They set a “sector outperform” rating on the stock.The current price is $295.73.

Apellis Pharmaceuticals (NASDAQ:APLS) is now covered by analysts at Scotiabank. They set a “sector outperform” rating on the stock.The current price is $27.50.

Apellis Pharmaceuticals (NASDAQ:APLS) is now covered by analysts at William Blair. They set an “outperform” rating on the stock.The current price is $27.50.

Antero Resources (NYSE:AR) is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $33.00 price target on the stock. This represents a 20.6% upside from the current price of $27.37.

Asure Software (NASDAQ:ASUR) is now covered by analysts at Stephens. They set an “overweight” rating and a $13.00 price target on the stock. This represents a 43.3% upside from the current price of $9.07.

BridgeBio Pharma (NASDAQ:BBIO) is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $44.00 price target on the stock. This represents a 68.2% upside from the current price of $26.16.

Beam Therapeutics (NASDAQ:BEAM) is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $24.00 price target on the stock. This represents a 12.2% downside from the current price of $27.33.

Burke & Herbert Financial Services (NASDAQ:BHRB) is now covered by analysts at DA Davidson. They set a “buy” rating and a $76.00 price target on the stock. This represents a 19.9% upside from the current price of $63.41.

Brookdale Senior Living (NYSE:BKD) is now covered by analysts at Jefferies Financial Group Inc.. They set a “buy” rating and a $8.00 price target on the stock. This represents a 18.7% upside from the current price of $6.74.

Benitec Biopharma (NASDAQ:BNTC) 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 240.1% upside from the current price of $10.29.

Maplebear (NASDAQ:CART) is now covered by analysts at Jefferies Financial Group Inc.. They set a “hold” rating and a $43.00 price target on the stock. This represents a 2.7% upside from the current price of $41.85.

Chord Energy (NASDAQ:CHRD) is now covered by analysts at UBS Group AG. They set a “buy” rating and a $168.00 price target on the stock. This represents a 31.2% upside from the current price of $128.07.

Civitas Resources (NYSE:CIVI) is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $60.00 price target on the stock. This represents a 19.5% upside from the current price of $50.23.

California Resources (NYSE:CRC) is now covered by analysts at UBS Group AG. They set a “buy” rating and a $68.00 price target on the stock. This represents a 29.2% upside from the current price of $52.64.

Walt Disney (NYSE:DIS) is now covered by analysts at Piper Sandler. They set a “neutral” rating and a $95.00 price target on the stock. This represents a 0.7% downside from the current price of $95.67.

EyePoint Pharmaceuticals (NASDAQ:EYPT) is now covered by analysts at Scotiabank. They set a “sector outperform” rating on the stock.The current price is $10.65.

Freshworks (NASDAQ:FRSH) is now covered by analysts at Wells Fargo & Company. They set an “equal weight” rating and a $11.00 price target on the stock. This represents a 2.5% downside from the current price of $11.28.

Geron (NASDAQ:GERN) is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $6.00 price target on the stock. This represents a 44.2% upside from the current price of $4.16.

Disc Medicine (NASDAQ:IRON) is now covered by analysts at Scotiabank. They set a “sector outperform” rating on the stock.The current price is $47.96.

Keros Therapeutics (NASDAQ:KROS) is now covered by analysts at Scotiabank. They set a “sector outperform” rating on the stock.The current price is $61.01.

Klaviyo (NYSE:KVYO) is now covered by analysts at Wells Fargo & Company. They set an “equal weight” rating and a $37.00 price target on the stock. This represents a 1.2% upside from the current price of $36.57.

Liquidia (NASDAQ:LQDA) is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $30.00 price target on the stock. This represents a 161.3% upside from the current price of $11.48.

Larimar Therapeutics (NASDAQ:LRMR) is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $26.00 price target on the stock. This represents a 232.5% upside from the current price of $7.82.

Ocular Therapeutix (NASDAQ:OCUL) is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $22.00 price target on the stock. This represents a 102.0% upside from the current price of $10.89.

Paycor HCM (NASDAQ:PYCR) is now covered by analysts at Stephens. They set an “overweight” rating and a $18.00 price target on the stock. This represents a 29.4% upside from the current price of $13.91.

Qualys (NASDAQ:QLYS) is now covered by analysts at Jefferies Financial Group Inc.. They set a “hold” rating and a $135.00 price target on the stock. This represents a 6.7% upside from the current price of $126.51.

Rocket Pharmaceuticals (NASDAQ:RCKT) is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $50.00 price target on the stock. This represents a 185.7% upside from the current price of $17.50.

RLI (NYSE:RLI) is now covered by analysts at Oppenheimer Holdings Inc.. They set a “market perform” rating on the stock.The current price is $161.26.

Rapid7 (NASDAQ:RPD) is now covered by analysts at Jefferies Financial Group Inc.. They set a “buy” rating and a $50.00 price target on the stock. This represents a 23.9% upside from the current price of $40.34.

Scilex (NASDAQ:SCLX) 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 1345.2% upside from the current price of $0.97.

Tenable (NASDAQ:TENB) is now covered by analysts at Jefferies Financial Group Inc.. They set a “hold” rating and a $45.00 price target on the stock. This represents a 6.4% upside from the current price of $42.31.

Travere Therapeutics (NASDAQ:TVTX) is now covered by analysts at Scotiabank. They set a “sector outperform” rating on the stock.The current price is $18.01.

Veracyte (NASDAQ:VCYT) is now covered by analysts at UBS Group AG. They set a “buy” rating and a $43.00 price target on the stock. This represents a 23.5% upside from the current price of $34.81.

Vera Therapeutics (NASDAQ:VERA) is now covered by analysts at Scotiabank. They set a “sector outperform” rating on the stock.The current price is $40.77.

Vertex Pharmaceuticals (NASDAQ:VRTX) is now covered by analysts at Scotiabank. They set a “sector perform” rating on the stock.The current price is $484.77.

Voyager Therapeutics (NASDAQ:VYGR) is now covered by analysts at Leerink Partners. They set an “outperform” rating and a $15.00 price target on the stock. This represents a 96.1% upside from the current price of $7.65.

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