Wednesday, June 12, 2024

🌎 Paramount Global Downgraded, Pure Storage Downgraded, Klaviyo Upgraded and more...

Ratings changes for Qorvo, Braze, Paramount Global, Apple, Autodesk, NetApp, Innate Pharma and more...Text "MarketBeat" to 68285 to get SMS breaking news alerts for stocks on your watchlist and other special reports. Learn More.
June 12th, 2024
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Analysts' Upgrades
  • Banco Santander-Chile (NYSE:BSAC) was upgraded by analysts at Itau BBA Securities from a "market perform" rating to an "outperform" rating. They now have a $22.00 price target on the stock. This represents a 17.4% upside from the current price of $18.74.
  • Ciena (NYSE:CIEN) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $55.00 price target on the stock, up previously from $53.00. This represents a 14.7% upside from the current price of $47.95.
  • Darling Ingredients (NYSE:DAR) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating. They now have a $48.00 price target on the stock. This represents a 25.7% upside from the current price of $38.20.
  • Haemonetics (NYSE:HAE) was upgraded by analysts at Needham & Company LLC from a "hold" rating to a "buy" rating. They now have a $112.00 price target on the stock. This represents a 29.7% upside from the current price of $86.34.
  • Klaviyo (NYSE:KVYO) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $29.00 price target on the stock, up previously from $25.00. This represents a 20.9% upside from the current price of $23.98.
  • McCormick & Company, Incorporated (NYSE:MKC) was upgraded by analysts at Citigroup Inc. from a "sell" rating to a "neutral" rating. They now have a $69.00 price target on the stock, up previously from $68.00. This represents a 1.4% downside from the current price of $70.01.
  • National Grid (NYSE:NGG) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "buy" rating.The current price is $56.65.
  • PagerDuty (NYSE:PD) was upgraded by analysts at Craig Hallum from a "hold" rating to a "buy" rating. They now have a $30.00 price target on the stock, up previously from $21.00. This represents a 41.4% upside from the current price of $21.21.
  • View today's most recent analysts' upgrades at MarketBeat.com right arrow


Analysts' Downgrades
  • Academy Sports and Outdoors (NASDAQ:ASO) was downgraded by analysts at UBS Group AG from a "buy" rating to a "neutral" rating. They now have a $58.00 price target on the stock, down previously from $81.00. This represents a 8.4% upside from the current price of $53.52.
  • Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was downgraded by analysts at BNP Paribas from a "neutral" rating to an "underperform" rating.The current price is $10.14.
  • Birkenstock (NYSE:BIRK) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "buy" rating to a "neutral" rating. They now have a $58.00 price target on the stock, up previously from $54.20. This represents a 3.0% downside from the current price of $59.79.
  • NextEra Energy (NYSE:NEE) was downgraded by analysts at Mizuho from a "buy" rating to a "neutral" rating. They now have a $71.00 price target on the stock. This represents a 1.9% downside from the current price of $72.37.
  • NextEra Energy Partners (NYSE:NEP) was downgraded by analysts at Mizuho from a "buy" rating to a "neutral" rating. They now have a $33.00 price target on the stock. This represents a 6.3% upside from the current price of $31.05.
  • Paramount Global (NASDAQ:PARA) was downgraded by analysts at Wells Fargo & Company from an "equal weight" rating to an "underweight" rating. They now have a $9.00 price target on the stock, down previously from $14.00. This represents a 18.6% downside from the current price of $11.06.
  • Pure Storage (NYSE:PSTG) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $60.00 price target on the stock. This represents a 10.3% downside from the current price of $66.91.
  • View today's most recent analysts' downgrades at MarketBeat.com right arrow


Analysts' New Coverage
  • Agree Realty (NYSE:ADC) is now covered by analysts at KeyCorp. They set an "overweight" rating and a $68.00 price target on the stock. This represents a 11.2% upside from the current price of $61.15.
  • Avadel Pharmaceuticals (NASDAQ:AVDL) is now covered by analysts at Rodman & Renshaw. They set a "buy" rating and a $27.00 price target on the stock. This represents a 70.3% upside from the current price of $15.85.
  • Broadstone Net Lease (NYSE:BNL) is now covered by analysts at KeyCorp. They set a "sector weight" rating on the stock.The current price is $15.52.
  • Fiserv (NYSE:FI) is now covered by analysts at Wells Fargo & Company. They set an "overweight" rating and a $180.00 price target on the stock. This represents a 20.8% upside from the current price of $149.00.
  • Global Payments (NYSE:GPN) is now covered by analysts at Wells Fargo & Company. They set an "equal weight" rating and a $100.00 price target on the stock. This represents a 3.1% upside from the current price of $97.00.
  • Realty Income (NYSE:O) is now covered by analysts at KeyCorp. They set a "sector weight" rating on the stock.The current price is $53.33.
  • Procore Technologies (NYSE:PCOR) is now covered by analysts at TD Cowen. They set a "buy" rating and a $85.00 price target on the stock. This represents a 24.1% upside from the current price of $68.49.
  • Peraso (NASDAQ:PRSO) is now covered by analysts at LADENBURG THALM/SH SH. They set a "buy" rating and a $3.75 price target on the stock. This represents a 159.4% upside from the current price of $1.45.
  • Skechers U.S.A. (NYSE:SKX) is now covered by analysts at Wells Fargo & Company. They set an "overweight" rating and a $83.00 price target on the stock. This represents a 11.4% upside from the current price of $74.48.
  • Valvoline (NYSE:VVV) is now covered by analysts at Piper Sandler. They set an "overweight" rating and a $49.00 price target on the stock. This represents a 16.8% upside from the current price of $41.97.
  • NCR Voyix (NYSE:VYX) is now covered by analysts at Stifel Nicolaus. They set a "buy" rating and a $16.00 price target on the stock. This represents a 21.0% upside from the current price of $13.22.
  • Zura Bio (NASDAQ:ZURA) is now covered by analysts at Cantor Fitzgerald. They set an "overweight" rating on the stock.The current price is $3.87.
  • View today's most recent analysts' new coverage at MarketBeat.com right arrow

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