Thursday, January 18, 2024

🌎 Apple Upgraded, Analog Devices Upgraded, CrowdStrike Initiated and more...

Ratings changes for Apple, Analog Devices, Ceragon Networks, Hologic, CrowdStrike, Open Text, 8X8 and more...Text "MarketBeat" to 68285 to get SMS breaking news alerts for stocks on your watchlist and other special reports. Learn More.
January 18th, 2024
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Analysts' Upgrades
  • Apple (NASDAQ:AAPL) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $225.00 price target on the stock, up previously from $208.00. This represents a 19.4% upside from the current price of $188.50.
  • Analog Devices (NASDAQ:ADI) was upgraded by analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating. They now have a $225.00 price target on the stock. This represents a 19.0% upside from the current price of $189.15.
  • Evotec (NASDAQ:EVO) was upgraded by analysts at Royal Bank of Canada from a "sector perform" rating to an "outperform" rating.The current price is $7.98.
  • Federal Home Loan Mortgage (OTCMKTS:FMCC) was upgraded by analysts at Keefe, Bruyette & Woods from an "underperform" rating to a "market perform" rating. They now have a $1.25 price target on the stock, up previously from $1.00. This represents a 41.5% upside from the current price of $0.88.
  • Federal National Mortgage Association (OTCMKTS:FNMA) was upgraded by analysts at Keefe, Bruyette & Woods from an "underperform" rating to a "market perform" rating. They now have a $1.25 price target on the stock, up previously from $1.00. This represents a 15.7% upside from the current price of $1.08.
  • Grab (NASDAQ:GRAB) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $3.80 price target on the stock, up previously from $3.60. This represents a 26.2% upside from the current price of $3.01.
  • Microchip Technology (NASDAQ:MCHP) was upgraded by analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating. They now have a $105.00 price target on the stock. This represents a 22.2% upside from the current price of $85.91.
  • Microsoft (NASDAQ:MSFT) was upgraded by analysts at BNP Paribas from a "neutral" rating to an "outperform" rating. They now have a $471.00 price target on the stock. This represents a 19.9% upside from the current price of $392.80.
  • NXP Semiconductors (NASDAQ:NXPI) was upgraded by analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating. They now have a $255.00 price target on the stock. This represents a 20.6% upside from the current price of $211.51.
  • Pinterest (NYSE:PINS) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating. They now have a $45.00 price target on the stock. This represents a 21.6% upside from the current price of $37.02.
  • Tempur Sealy International (NYSE:TPX) was upgraded by analysts at Piper Sandler from a "neutral" rating to an "overweight" rating. They now have a $61.00 price target on the stock, up previously from $41.00. This represents a 21.4% upside from the current price of $50.23.
  • View today's most recent analysts' upgrades at MarketBeat.com right arrow


Analysts' Downgrades
  • Adobe (NASDAQ:ADBE) was downgraded by analysts at BNP Paribas from a "neutral" rating to an "underperform" rating. They now have a $499.00 price target on the stock. This represents a 16.3% downside from the current price of $595.87.
  • BAE Systems (OTCMKTS:BAESY) was downgraded by analysts at BNP Paribas from a "neutral" rating to an "underperform" rating.The current price is $61.51.
  • Century Casinos (NASDAQ:CNTY) was downgraded by analysts at JMP Securities from an "outperform" rating to a "market perform" rating.The current price is $3.66.
  • eHealth (NASDAQ:EHTH) was downgraded by analysts at Craig Hallum from a "buy" rating to a "hold" rating. They now have a $7.00 price target on the stock. This represents a 25.7% upside from the current price of $5.57.
  • Playtika (NASDAQ:PLTK) was downgraded by analysts at Bank of America Co. from a "neutral" rating to an "underperform" rating. They now have a $8.00 price target on the stock, down previously from $11.00. This represents a 10.3% upside from the current price of $7.25.
  • Spirit Airlines (NYSE:SAVE) was downgraded by analysts at Citigroup Inc. from a "neutral" rating to a "sell" rating. They now have a $4.00 price target on the stock, down previously from $13.00. This represents a 24.4% downside from the current price of $5.29.
  • Charles Schwab (NYSE:SCHW) was downgraded by analysts at Keefe, Bruyette & Woods from an "outperform" rating to a "market perform" rating. They now have a $70.00 price target on the stock, down previously from $75.00. This represents a 12.9% upside from the current price of $62.02.
  • Shopify (NYSE:SHOP) (TSE:SHOP) was downgraded by analysts at BNP Paribas from a "neutral" rating to an "underperform" rating.The current price is $79.05.
  • Taro Pharmaceutical Industries (NYSE:TARO) was downgraded by analysts at HC Wainwright from a "buy" rating to a "neutral" rating. They now have a $43.00 price target on the stock. This represents a 2.4% upside from the current price of $42.00.
  • Wells Fargo & Company (NYSE:WFC) was downgraded by analysts at Odeon Capital Group LLC from a "buy" rating to a "hold" rating. They now have a $48.80 price target on the stock. This represents a 5.8% upside from the current price of $46.14.
  • Zoom Video Communications (NASDAQ:ZM) was downgraded by analysts at BNP Paribas from a "neutral" rating to an "underperform" rating. They now have a $60.00 price target on the stock. This represents a 10.3% downside from the current price of $66.92.
  • View today's most recent analysts' downgrades at MarketBeat.com right arrow


Analysts' New Coverage
  • CrowdStrike (NASDAQ:CRWD) is now covered by analysts at Sanford C. Bernstein. They set an "outperform" rating and a $334.00 price target on the stock. This represents a 17.9% upside from the current price of $283.18.
  • Enbridge (NYSE:ENB) (TSE:ENB) is now covered by analysts at Stifel Nicolaus. They set a "hold" rating on the stock.The current price is $35.86.
  • Fortinet (NASDAQ:FTNT) is now covered by analysts at Sanford C. Bernstein. They set a "market perform" rating and a $65.00 price target on the stock. This represents a 6.6% upside from the current price of $60.99.
  • Jack Henry & Associates (NASDAQ:JKHY) is now covered by analysts at Citigroup Inc.. They set a "neutral" rating and a $177.00 price target on the stock. This represents a 7.4% upside from the current price of $164.86.
  • LightPath Technologies (NASDAQ:LPTH) is now covered by analysts at Lake Street Capital. They set a "buy" rating and a $3.00 price target on the stock. This represents a 126.4% upside from the current price of $1.33.
  • NewAmsterdam Pharma (NASDAQ:NAMS) is now covered by analysts at Guggenheim. They set a "buy" rating and a $30.00 price target on the stock. This represents a 78.0% upside from the current price of $16.85.
  • Cloudflare (NYSE:NET) is now covered by analysts at Sanford C. Bernstein. They set a "market perform" rating and a $85.00 price target on the stock. This represents a 9.6% upside from the current price of $77.56.
  • Palo Alto Networks (NASDAQ:PANW) is now covered by analysts at Sanford C. Bernstein. They set an "outperform" rating on the stock.The current price is $337.09.
  • Red Rock Resorts (NASDAQ:RRR) is now covered by analysts at Barclays PLC. They set an "overweight" rating and a $60.00 price target on the stock. This represents a 17.0% upside from the current price of $51.27.
  • SentinelOne (NYSE:S) is now covered by analysts at Sanford C. Bernstein. They set an "outperform" rating and a $34.00 price target on the stock. This represents a 37.2% upside from the current price of $24.79.
  • Sky Harbour Group (NYSEAMERICAN:SKYH) is now covered by analysts at B. Riley. They set a "buy" rating and a $15.00 price target on the stock. This represents a 25.3% upside from the current price of $11.97.
  • TC Energy (NYSE:TRP) (TSE:TRP) is now covered by analysts at Stifel Nicolaus. They set a "buy" rating on the stock.The current price is $38.73.
  • Zscaler (NASDAQ:ZS) is now covered by analysts at Sanford C. Bernstein. They set an "outperform" rating and a $311.00 price target on the stock. This represents a 36.0% upside from the current price of $228.69.
  • View today's most recent analysts' new coverage at MarketBeat.com right arrow

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