Thursday, January 4, 2024

🌎 Apple Downgraded, Allstate Upgraded, Analog Devices Downgraded and more...

Ratings changes for Apple, Amdocs, PayPal, Rivian Automotive, Nutanix, Goodyear Tire & Rubber, Vertex Pharmaceuticals and more...Text "MarketBeat" to 68285 to get SMS breaking news alerts for stocks on your watchlist and other special reports. Learn More.
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January 4th, 2024
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Analysts' Upgrades
  • Automatic Data Processing (NASDAQ:ADP) was upgraded by analysts at Wolfe Research from an "underperform" rating to a "peer perform" rating.The current price is $235.17.
  • Allstate (NYSE:ALL) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $171.00 price target on the stock, up previously from $117.00. This represents a 14.0% upside from the current price of $150.01.
  • Avantor (NYSE:AVTR) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. They now have a $26.00 price target on the stock, up previously from $19.50. This represents a 17.2% upside from the current price of $22.18.
  • Armstrong World Industries (NYSE:AWI) was upgraded by analysts at UBS Group AG from a "sell" rating to a "neutral" rating. They now have a $103.00 price target on the stock, up previously from $75.00. This represents a 6.9% upside from the current price of $96.38.
  • American Express (NYSE:AXP) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $205.00 price target on the stock, up previously from $167.00. This represents a 8.8% upside from the current price of $188.34.
  • The Cigna Group (NYSE:CI) was upgraded by analysts at Sanford C. Bernstein from a "market perform" rating to an "outperform" rating. They now have a $372.00 price target on the stock, up previously from $330.00. This represents a 20.7% upside from the current price of $308.18.
  • Comerica (NYSE:CMA) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "buy" rating. They now have a $70.50 price target on the stock. This represents a 26.8% upside from the current price of $55.60.
  • Cognizant Technology Solutions (NASDAQ:CTSH) was upgraded by analysts at Wolfe Research from an "underperform" rating to a "peer perform" rating.The current price is $74.00.
  • Dollar General (NYSE:DG) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $154.00 price target on the stock, up previously from $124.00. This represents a 13.5% upside from the current price of $135.65.
  • Consolidated Edison (NYSE:ED) was upgraded by analysts at KeyCorp from an "underweight" rating to a "sector weight" rating.The current price is $93.73.
  • Emerson Electric (NYSE:EMR) was upgraded by analysts at Mizuho from a "neutral" rating to a "buy" rating. They now have a $118.00 price target on the stock, up previously from $95.00. This represents a 23.1% upside from the current price of $95.85.
  • EPAM Systems (NYSE:EPAM) was upgraded by analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating. They now have a $355.00 price target on the stock. This represents a 20.7% upside from the current price of $294.10.
  • Ferguson (NASDAQ:FERG) was upgraded by analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating.The current price is $186.88.
  • Five Below (NASDAQ:FIVE) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. They now have a $245.00 price target on the stock, up previously from $215.00. This represents a 18.6% upside from the current price of $206.66.
  • FOX (NASDAQ:FOXA) was upgraded by analysts at Wolfe Research from an "underperform" rating to a "peer perform" rating.The current price is $30.05.
  • Futu (NASDAQ:FUTU) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $50.00 price target on the stock, up previously from $40.00. This represents a 4.9% downside from the current price of $52.59.
  • General Motors (NYSE:GM) (TSE:GMM.U) was upgraded by analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating. They now have a $42.00 price target on the stock. This represents a 17.1% upside from the current price of $35.87.
  • Chart Industries (NYSE:GTLS) was upgraded by analysts at Raymond James from an "outperform" rating to a "strong-buy" rating. They now have a $190.00 price target on the stock. This represents a 40.9% upside from the current price of $134.80.
  • Home Depot (NYSE:HD) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $372.00 price target on the stock, up previously from $325.00. This represents a 9.1% upside from the current price of $340.99.
  • Mesa Laboratories (NASDAQ:MLAB) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. They now have a $125.00 price target on the stock, up previously from $100.00. This represents a 23.1% upside from the current price of $101.58.
  • Merck & Co., Inc. (NYSE:MRK) was upgraded by analysts at TD Cowen from a "market perform" rating to an "outperform" rating. They now have a $135.00 price target on the stock, up previously from $125.00. This represents a 14.9% upside from the current price of $117.48.
  • Micron Technology (NASDAQ:MU) was upgraded by analysts at Piper Sandler from a "neutral" rating to an "overweight" rating. They now have a $95.00 price target on the stock, up previously from $70.00. This represents a 13.6% upside from the current price of $83.64.
  • Murphy USA (NYSE:MUSA) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $425.00 price target on the stock, up previously from $375.00. This represents a 13.2% upside from the current price of $375.58.
  • Principal Financial Group (NYSE:PFG) was upgraded by analysts at Evercore ISI from an "underperform" rating to an "inline" rating. They now have a $83.00 price target on the stock, up previously from $82.00. This represents a 4.3% upside from the current price of $79.61.
  • PTC (NASDAQ:PTC) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $200.00 price target on the stock, up previously from $130.00. This represents a 17.8% upside from the current price of $169.79.
  • Revvity (NYSE:RVTY) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. They now have a $125.00 price target on the stock, up previously from $88.00. This represents a 16.6% upside from the current price of $107.19.
  • Sprouts Farmers Market (NASDAQ:SFM) was upgraded by analysts at Evercore ISI from an "underperform" rating to an "inline" rating. They now have a $45.00 price target on the stock, up previously from $40.00. This represents a 8.0% downside from the current price of $48.90.
  • Silicon Motion Technology (NASDAQ:SIMO) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $77.00 price target on the stock, up previously from $54.00. This represents a 24.2% upside from the current price of $62.01.
  • Truist Financial (NYSE:TFC) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $43.00 price target on the stock. This represents a 15.4% upside from the current price of $37.27.
  • Verizon Communications (NYSE:VZ) was upgraded by analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating. They now have a $46.00 price target on the stock. This represents a 16.5% upside from the current price of $39.49.
  • Xylem (NYSE:XYL) was upgraded by analysts at Raymond James from an "underperform" rating to a "market perform" rating.The current price is $113.07.
  • View today's most recent analysts' upgrades at MarketBeat.com right arrow


Analysts' Downgrades
  • Apple (NASDAQ:AAPL) was downgraded by analysts at Piper Sandler Companies to a "neutral" rating. They now have a $205.00 price target on the stock, down previously from $220.00. This represents a 12.5% upside from the current price of $182.26.
  • Apple (NASDAQ:AAPL) was downgraded by analysts at Piper Sandler from an "overweight" rating to a "neutral" rating. They now have a $205.00 price target on the stock, down previously from $220.00. This represents a 12.5% upside from the current price of $182.26.
  • Analog Devices (NASDAQ:ADI) was downgraded by analysts at Sanford C. Bernstein from an "outperform" rating to a "market perform" rating. They now have a $200.00 price target on the stock. This represents a 7.2% upside from the current price of $186.60.
  • Ameren (NYSE:AEE) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating. They now have a $77.00 price target on the stock, down previously from $82.00. This represents a 3.7% upside from the current price of $74.27.
  • Aflac (NYSE:AFL) was downgraded by analysts at Evercore ISI from an "in-line" rating to an "underperform" rating. They now have a $78.00 price target on the stock, up previously from $76.00. This represents a 6.3% downside from the current price of $83.22.
  • Akoustis Technologies (NASDAQ:AKTS) was downgraded by analysts at Piper Sandler from an "overweight" rating to a "neutral" rating. They now have a $1.00 price target on the stock, down previously from $2.00. This represents a 34.4% upside from the current price of $0.74.
  • Autoliv (NYSE:ALV) was downgraded by analysts at Wolfe Research from an "outperform" rating to a "peer perform" rating.The current price is $104.75.
  • A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.The current price is $9.94.
  • Ameriprise Financial (NYSE:AMP) was downgraded by analysts at Evercore ISI from an "outperform" rating to an "inline" rating. They now have a $400.00 price target on the stock, up previously from $385.00. This represents a 4.1% upside from the current price of $384.07.
  • American Express (NYSE:AXP) was downgraded by analysts at DZ Bank AG from a "hold" rating to a "sell" rating.The current price is $188.34.
  • Bath & Body Works (NYSE:BBWI) was downgraded by analysts at Barclays PLC from an "overweight" rating to an "equal weight" rating. They now have a $45.00 price target on the stock, up previously from $37.00. This represents a 3.8% upside from the current price of $43.35.
  • Brunswick (NYSE:BC) was downgraded by analysts at Raymond James from an "outperform" rating to a "market perform" rating.The current price is $88.66.
  • Bausch + Lomb (NYSE:BLCO) was downgraded by analysts at Evercore ISI from an "outperform" rating to an "in-line" rating. They now have a $17.00 price target on the stock, down previously from $19.00. This represents a 4.5% upside from the current price of $16.27.
  • TopBuild (NYSE:BLD) was downgraded by analysts at Truist Financial Co. from a "buy" rating to a "hold" rating. They now have a $410.00 price target on the stock, up previously from $290.00. This represents a 17.8% upside from the current price of $348.13.
  • Builders FirstSource (NYSE:BLDR) was downgraded by analysts at Truist Financial Co. from a "buy" rating to a "hold" rating. They now have a $185.00 price target on the stock, up previously from $165.00. This represents a 16.0% upside from the current price of $159.45.
  • CNO Financial Group (NYSE:CNO) was downgraded by analysts at Evercore ISI from an "in-line" rating to an "underperform" rating. They now have a $26.00 price target on the stock, up previously from $24.00. This represents a 3.4% downside from the current price of $26.91.
  • Diageo (NYSE:DEO) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating.The current price is $143.94.
  • Edwards Lifesciences (NYSE:EW) was downgraded by analysts at Evercore ISI from an "outperform" rating to an "in-line" rating. They now have a $77.00 price target on the stock, down previously from $80.00. This represents a 4.7% upside from the current price of $73.57.
  • Five Below (NASDAQ:FIVE) was downgraded by analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating. They now have a $215.00 price target on the stock. This represents a 4.0% upside from the current price of $206.66.
  • Floor & Decor (NYSE:FND) was downgraded by analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating. They now have a $105.00 price target on the stock, up previously from $85.00. This represents a 0.2% downside from the current price of $105.19.
  • HCA Healthcare (NYSE:HCA) was downgraded by analysts at Sanford C. Bernstein from an "outperform" rating to a "market perform" rating. They now have a $301.00 price target on the stock, up previously from $277.00. This represents a 8.9% upside from the current price of $276.30.
  • Installed Building Products (NYSE:IBP) was downgraded by analysts at Truist Financial Co. from a "buy" rating to a "hold" rating. They now have a $200.00 price target on the stock, up previously from $160.00. This represents a 15.0% upside from the current price of $173.87.
  • Illumina (NASDAQ:ILMN) was downgraded by analysts at TD Cowen from an "outperform" rating to a "market perform" rating. They now have a $144.00 price target on the stock. This represents a 9.4% upside from the current price of $131.64.
  • Itron (NASDAQ:ITRI) was downgraded by analysts at Raymond James from an "outperform" rating to a "market perform" rating.The current price is $72.39.
  • Mobileye Global (NASDAQ:MBLY) was downgraded by analysts at Bank of America Co. from a "neutral" rating to an "underperform" rating.The current price is $29.99.
  • Microchip Technology (NASDAQ:MCHP) was downgraded by analysts at Piper Sandler from an "overweight" rating to a "neutral" rating. They now have a $80.00 price target on the stock. This represents a 5.0% downside from the current price of $84.22.
  • Pfizer (NYSE:PFE) was downgraded by analysts at TD Cowen from an "outperform" rating to a "market perform" rating. They now have a $32.00 price target on the stock. This represents a 9.6% upside from the current price of $29.21.
  • PulteGroup (NYSE:PHM) was downgraded by analysts at UBS Group AG from a "buy" rating to a "neutral" rating. They now have a $120.00 price target on the stock, up previously from $93.00. This represents a 18.4% upside from the current price of $101.36.
  • PayPal (NASDAQ:PYPL) was downgraded by analysts at Oppenheimer Holdings Inc. from an "outperform" rating to a "market perform" rating.The current price is $58.84.
  • Qorvo (NASDAQ:QRVO) was downgraded by analysts at Piper Sandler from an "overweight" rating to a "neutral" rating. They now have a $120.00 price target on the stock. This represents a 15.4% upside from the current price of $104.03.
  • Roper Technologies (NYSE:ROP) was downgraded by analysts at TD Cowen from an "outperform" rating to a "market perform" rating. They now have a $535.00 price target on the stock. This represents a 1.4% upside from the current price of $527.42.
  • Schneider National (NYSE:SNDR) was downgraded by analysts at Evercore ISI from an "outperform" rating to an "inline" rating. They now have a $25.00 price target on the stock. This represents a 3.5% upside from the current price of $24.16.
  • Snowflake (NYSE:SNOW) was downgraded by analysts at Monness Crespi & Hardt from a "neutral" rating to a "sell" rating. They now have a $160.00 price target on the stock. This represents a 14.1% downside from the current price of $186.36.
  • SunPower (NASDAQ:SPWR) was downgraded by analysts at Raymond James from an "outperform" rating to a "market perform" rating.The current price is $4.27.
  • TDCX (NYSE:TDCX) was downgraded by analysts at HSBC Holdings plc from a "buy" rating to a "hold" rating.The current price is $6.26.
  • Tenaris (NYSE:TS) was downgraded by analysts at Jefferies Financial Group Inc. from a "buy" rating to a "hold" rating.The current price is $34.23.
  • TELUS (NYSE:TU) (TSE:T) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.The current price is $17.80.
  • YETI (NYSE:YETI) was downgraded by analysts at Canaccord Genuity Group Inc. from a "buy" rating to a "hold" rating. They now have a $50.00 price target on the stock, up previously from $49.00. This represents a 7.1% upside from the current price of $46.69.
  • Zimmer Biomet (NYSE:ZBH) was downgraded by analysts at Evercore ISI from an "outperform" rating to an "inline" rating. They now have a $125.00 price target on the stock, down previously from $135.00. This represents a 4.0% upside from the current price of $120.22.
  • View today's most recent analysts' downgrades at MarketBeat.com right arrow


Analysts' New Coverage
  • AllianceBernstein (NYSE:AB) is now covered by analysts at TD Cowen. They set an "outperform" rating and a $36.00 price target on the stock. This represents a 17.1% upside from the current price of $30.75.
  • Agiliti (NYSE:AGTI) is now covered by analysts at Craig Hallum. They set a "buy" rating and a $23.00 price target on the stock. This represents a 189.7% upside from the current price of $7.94.
  • Affiliated Managers Group (NYSE:AMG) is now covered by analysts at TD Cowen. They set an "outperform" rating and a $185.00 price target on the stock. This represents a 23.7% upside from the current price of $149.61.
  • (ANTX) (NYSE:ANTX) is now covered by analysts at JMP Securities. They set an "outperform" rating and a $30.00 price target on the stock. This represents a 61.2% upside from the current price of $18.61.
  • Artisan Partners Asset Management (NYSE:APAM) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $41.00 price target on the stock. This represents a 4.7% downside from the current price of $43.00.
  • Apollo Global Management (NYSE:APO) is now covered by analysts at TD Cowen. They set an "outperform" rating and a $115.00 price target on the stock. This represents a 19.8% upside from the current price of $95.99.
  • Franklin Resources (NYSE:BEN) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $32.00 price target on the stock. This represents a 11.5% upside from the current price of $28.69.
  • Bridge Investment Group (NYSE:BRDG) is now covered by analysts at TD Cowen. They set an "outperform" rating and a $11.00 price target on the stock. This represents a 14.8% upside from the current price of $9.58.
  • Blackstone (NYSE:BX) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $118.00 price target on the stock. This represents a 4.5% downside from the current price of $123.53.
  • Cadeler A/S (NYSE:CDLR) is now covered by analysts at Stifel Nicolaus. They set a "buy" rating and a $35.00 price target on the stock. This represents a 91.0% upside from the current price of $18.32.
  • The Carlyle Group (NASDAQ:CG) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $42.00 price target on the stock. This represents a 6.3% upside from the current price of $39.50.
  • Federated Hermes (NYSE:FHI) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $32.00 price target on the stock. This represents a 3.9% downside from the current price of $33.29.
  • FMC (NYSE:FMC) is now covered by analysts at Roth Mkm. They set a "buy" rating and a $74.00 price target on the stock. This represents a 22.2% upside from the current price of $60.56.
  • Fortrea (NASDAQ:FTRE) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $44.00 price target on the stock. This represents a 31.4% upside from the current price of $33.48.
  • Grosvenor Capital Management (NASDAQ:GCMG) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $9.50 price target on the stock. This represents a 10.3% upside from the current price of $8.61.
  • Inovio Pharmaceuticals (NASDAQ:INO) is now covered by analysts at JMP Securities. They set a "market outperform" rating and a $1.00 price target on the stock. This represents a 75.5% upside from the current price of $0.57.
  • Invesco (NYSE:IVZ) is now covered by analysts at TD Cowen. They set an "outperform" rating and a $21.00 price target on the stock. This represents a 20.0% upside from the current price of $17.50.
  • Janus Henderson Group (NYSE:JHG) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $30.00 price target on the stock. This represents a 1.7% upside from the current price of $29.51.
  • KKR & Co. Inc. (NYSE:KKR) is now covered by analysts at TD Cowen. They set an "outperform" rating and a $96.00 price target on the stock. This represents a 19.2% upside from the current price of $80.53.
  • LPL Financial (NASDAQ:LPLA) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $224.00 price target on the stock. This represents a 5.8% downside from the current price of $237.67.
  • Neurogene (NASDAQ:NGNE) is now covered by analysts at TD Cowen. They set an "outperform" rating on the stock.The current price is $20.10.
  • Blue Owl Capital (NYSE:OWL) is now covered by analysts at TD Cowen. They set an "outperform" rating and a $17.00 price target on the stock. This represents a 14.0% upside from the current price of $14.91.
  • Raymond James (NYSE:RJF) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $121.00 price target on the stock. This represents a 9.1% upside from the current price of $110.90.
  • Revolution Medicines (NASDAQ:RVMD) is now covered by analysts at Wedbush. They set an "outperform" rating and a $41.00 price target on the stock. This represents a 46.5% upside from the current price of $27.98.
  • Safehold (NYSE:SAFE) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $33.00 price target on the stock. This represents a 41.6% upside from the current price of $23.30.
  • Charles Schwab (NYSE:SCHW) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $77.00 price target on the stock. This represents a 14.2% upside from the current price of $67.41.
  • Stifel Financial (NYSE:SF) is now covered by analysts at TD Cowen. They set an "outperform" rating and a $83.00 price target on the stock. This represents a 19.8% upside from the current price of $69.26.
  • TPG (NASDAQ:TPG) is now covered by analysts at TD Cowen. They set a "market perform" rating and a $38.00 price target on the stock. This represents a 5.2% downside from the current price of $40.09.
  • T. Rowe Price Group (NASDAQ:TROW) is now covered by analysts at TD Cowen. They set an "underperform" rating and a $88.00 price target on the stock. This represents a 17.5% downside from the current price of $106.72.
  • Virtus Investment Partners (NASDAQ:VRTS) is now covered by analysts at TD Cowen. They set an "outperform" rating and a $289.00 price target on the stock. This represents a 22.4% upside from the current price of $236.10.
  • Xenon Pharmaceuticals (NASDAQ:XENE) is now covered by analysts at Citigroup Inc.. They set a "buy" rating and a $62.00 price target on the stock. This represents a 36.1% upside from the current price of $45.55.
  • View today's most recent analysts' new coverage at MarketBeat.com right arrow

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