Thursday, June 6, 2024

🌎 ZIM Integrated Shipping Services Downgraded, Shopify Downgraded, StoneCo Upgraded and more...

Ratings changes for Couchbase, AGNC Investment, Catalyst Pharmaceuticals, StoneCo, Fluence Energy, 2seventy bio, 60 Degrees Pharmaceuticals and more...Text "MarketBeat" to 68285 to get SMS breaking news alerts for stocks on your watchlist and other special reports. Learn More.
June 6th, 2024
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Analysts' Upgrades
  • American Electric Power (NASDAQ:AEP) was upgraded by analysts at LADENBURG THALM/SH SH from a "sell" rating to a "neutral" rating. They now have a $86.00 price target on the stock, up previously from $73.00. This represents a 3.8% downside from the current price of $89.42.
  • C.H. Robinson Worldwide (NASDAQ:CHRW) was upgraded by analysts at UBS Group AG from a "sell" rating to a "neutral" rating. They now have a $90.00 price target on the stock, up previously from $71.00. This represents a 2.4% upside from the current price of $87.92.
  • Capital One Financial (NYSE:COF) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $165.00 price target on the stock, up previously from $145.00. This represents a 20.1% upside from the current price of $137.44.
  • Lululemon Athletica (NASDAQ:LULU) was upgraded by analysts at HSBC Holdings plc from a "hold" rating to a "buy" rating. They now have a $425.00 price target on the stock. This represents a 31.7% upside from the current price of $322.63.
  • Pinnacle West Capital (NYSE:PNW) was upgraded by analysts at LADENBURG THALM/SH SH from a "neutral" rating to a "buy" rating. They now have a $83.50 price target on the stock, up previously from $74.00. This represents a 8.5% upside from the current price of $76.99.
  • Ultragenyx Pharmaceutical (NASDAQ:RARE) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "buy" rating. They now have a $67.00 price target on the stock, up previously from $56.00. This represents a 56.7% upside from the current price of $42.76.
  • Rubrik (NYSE:RBRK) was upgraded by analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating. They now have a $40.00 price target on the stock. This represents a 22.2% upside from the current price of $32.72.
  • Sealed Air (NYSE:SEE) was upgraded by analysts at Mizuho from a "neutral" rating to a "buy" rating. They now have a $50.00 price target on the stock, up previously from $36.00. This represents a 24.0% upside from the current price of $40.33.
  • StoneCo (NASDAQ:STNE) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $20.00 price target on the stock. This represents a 46.0% upside from the current price of $13.70.
  • United Airlines (NASDAQ:UAL) was upgraded by analysts at Redburn Atlantic from a "neutral" rating to a "buy" rating. They now have a $70.00 price target on the stock. This represents a 29.8% upside from the current price of $53.92.
  • View today's most recent analysts' upgrades at MarketBeat.com right arrow


Analysts' Downgrades
  • Couchbase (NASDAQ:BASE) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "sell" rating. They now have a $18.00 price target on the stock, down previously from $30.00. This represents a 3.1% upside from the current price of $17.46.
  • Ciena (NYSE:CIEN) was downgraded by analysts at Raymond James from a "strong-buy" rating to an "outperform" rating. They now have a $54.00 price target on the stock, down previously from $59.00. This represents a 8.5% upside from the current price of $49.78.
  • Sprinklr (NYSE:CXM) was downgraded by analysts at DA Davidson from a "buy" rating to a "neutral" rating. They now have a $9.00 price target on the stock, down previously from $16.00. This represents a 0.2% downside from the current price of $9.02.
  • Sprinklr (NYSE:CXM) was downgraded by analysts at Cantor Fitzgerald from an "overweight" rating to a "neutral" rating. They now have a $10.00 price target on the stock, down previously from $16.00. This represents a 10.9% upside from the current price of $9.02.
  • Dollar Tree (NASDAQ:DLTR) was downgraded by analysts at Citigroup Inc. from a "buy" rating to a "neutral" rating. They now have a $120.00 price target on the stock, down previously from $163.00. This represents a 5.5% upside from the current price of $113.74.
  • Fluence Energy (NASDAQ:FLNC) was downgraded by analysts at Guggenheim from a "buy" rating to a "neutral" rating.The current price is $23.13.
  • Shopify (NYSE:SHOP) (TSE:SHOP) was downgraded by analysts at Moffett Nathanson from a "buy" rating to a "neutral" rating. They now have a $65.00 price target on the stock, down previously from $74.00. This represents a 6.7% upside from the current price of $60.93.
  • 2seventy bio (NASDAQ:TSVT) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "sell" rating. They now have a $2.00 price target on the stock, down previously from $5.00. This represents a 50.1% downside from the current price of $4.01.
  • ZIM Integrated Shipping Services (NYSE:ZIM) was downgraded by analysts at Citigroup Inc. from a "neutral" rating to a "sell" rating. They now have a $13.00 price target on the stock. This represents a 36.1% downside from the current price of $20.35.
  • View today's most recent analysts' downgrades at MarketBeat.com right arrow


Analysts' New Coverage
  • AGNC Investment (NASDAQ:AGNC) is now covered by analysts at Janney Montgomery Scott. They set a "buy" rating and a $10.50 price target on the stock. This represents a 7.8% upside from the current price of $9.74.
  • ARMOUR Residential REIT (NYSE:ARR) is now covered by analysts at Janney Montgomery Scott. They set a "neutral" rating and a $20.00 price target on the stock. This represents a 1.5% upside from the current price of $19.71.
  • CAE (NYSE:CAE) (TSE:CAE) is now covered by analysts at Jefferies Financial Group Inc.. They set a "hold" rating and a $21.00 price target on the stock. This represents a 10.7% upside from the current price of $18.97.
  • Creative Realities (NASDAQ:CREX) is now covered by analysts at Craig Hallum. They set a "buy" rating and a $10.00 price target on the stock. This represents a 164.6% upside from the current price of $3.78.
  • Charles River Laboratories International (NYSE:CRL) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "buy" rating and a $290.00 price target on the stock. This represents a 31.3% upside from the current price of $220.81.
  • DoubleDown Interactive (NASDAQ:DDI) is now covered by analysts at B. Riley. They set a "buy" rating and a $24.00 price target on the stock. This represents a 76.5% upside from the current price of $13.60.
  • Dynex Capital (NYSE:DX) is now covered by analysts at Janney Montgomery Scott. They set a "buy" rating and a $13.50 price target on the stock. This represents a 13.3% upside from the current price of $11.92.
  • eBay (NASDAQ:EBAY) is now covered by analysts at Citigroup Inc.. They set a "buy" rating and a $64.00 price target on the stock. This represents a 19.6% upside from the current price of $53.49.
  • Diamondback Energy (NASDAQ:FANG) is now covered by analysts at Sanford C. Bernstein. They set an "outperform" rating and a $243.00 price target on the stock. This represents a 27.4% upside from the current price of $190.81.
  • Fortrea (NASDAQ:FTRE) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "neutral" rating and a $28.00 price target on the stock. This represents a 2.9% upside from the current price of $27.22.
  • ICON Public (NASDAQ:ICLR) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "buy" rating and a $370.00 price target on the stock. This represents a 13.1% upside from the current price of $327.22.
  • IQVIA (NYSE:IQV) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "buy" rating and a $270.00 price target on the stock. This represents a 22.9% upside from the current price of $219.66.
  • Invesco Mortgage Capital (NYSE:IVR) is now covered by analysts at Janney Montgomery Scott. They set a "buy" rating and a $10.00 price target on the stock. This represents a 7.0% upside from the current price of $9.35.
  • Lexeo Therapeutics (NASDAQ:LXEO) is now covered by analysts at HC Wainwright. They set a "buy" rating and a $22.00 price target on the stock. This represents a 22.9% upside from the current price of $17.90.
  • Annaly Capital Management (NYSE:NLY) is now covered by analysts at Janney Montgomery Scott. They set a "buy" rating and a $21.00 price target on the stock. This represents a 5.1% upside from the current price of $19.98.
  • Orchid Island Capital (NYSE:ORC) is now covered by analysts at Janney Montgomery Scott. They set a "buy" rating and a $9.50 price target on the stock. This represents a 11.6% upside from the current price of $8.51.
  • TreeHouse Foods (NYSE:THS) is now covered by analysts at Mizuho. They set a "neutral" rating and a $37.00 price target on the stock. This represents a 1.4% upside from the current price of $36.50.
  • Viridian Therapeutics (NASDAQ:VRDN) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "buy" rating and a $23.00 price target on the stock. This represents a 86.7% upside from the current price of $12.32.
  • View today's most recent analysts' new coverage at MarketBeat.com right arrow

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