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Tue, 30 Jun 2026 12:44:08 +0000
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Here are Tuesday’s Best Wall Street Analyst Research Calls: Block, Comcast, Fortinet, Goldman Sachs, Honeywell, Klarna, Logitech, Scorpio Tankers, Trade Desk, and More
Tue, 30 Jun 2026 11:57:31 +0000
... Here are Tuesday’s Best Wall Street Analyst Research Calls: Block, Comcast, Fortinet, Goldman Sachs, Honeywell, Klarna, Logitech, Scorpio Tankers, Trade Desk, and More]]>
The post Here are Tuesday’s Best Wall Street Analyst Research Calls: Block, Comcast, Fortinet, Goldman Sachs, Honeywell, Klarna, Logitech, Scorpio Tankers, Trade Desk, and More appeared first on 24/7 Wall St..Pre-Market Stock Futures:
Futures are trading lower after a big start to the holiday-shortened trading week, which saw every index trade higher, after the small-cap Russell 2000 eked out a tiny gain on the close, finishing up 0.01% at $3010, and still leads all the major indices in 2026, up over 20%. The tech-heavy Nasdaq exploded higher, closing up 2.07% at 25,820, while the S&P 500 also saw strength, closing the session at 7,440, higher by 1.18%. The venerable Dow Jones Industrial Average closed at a record high of 52,182, up 059% on the day, with a nice move higher from new member Alphabet (NASDAQ: GOOGL). Positive news on the Iran war, with negotiators meeting today in Qatar, and an announced end to hostilities between the two nations, was the backdrop for a very solid day for stocks. We could see more fireworks before the weekend 4th of July fireworks, as end-of-quarter reallocations and window dressing could skew volatility and trading volume higher.
Treasury Bonds:
Yields were mixed across the Treasury curve on Monday, as some light buying came in on the long end, while there was selling across the belly and shorter maturities. Traders will continue to watch the situation in Iran. They will also be waiting for the May employment numbers scheduled for Thursday, as the markets are closed for the Federal 4th of July holiday on Friday. The 30-year-long bond finished the day at 4.86%, while the 10-year note was last seen at 4.37%.
Oil and Gas:
After last week’s sizable sell-off, the energy complex attracted some buyers on Monday, as lower prices enticed accumulation at current levels. Brent Crude closed the day at $72.89, up 1.2%, while West Texas Intermediate finished the day at $70.39, up 1.82%. Natural gas, which has been strong recently, closed lower for the second straight session, down 3.26% at $3.17. The lower close was likely profit-taking, as the outlook for the commodity remains bullish.
Gold:
After a nice move higher last week, Gold stumbled on Monday, closing down by 1.8% at $4,014, while Silver also closed lower, finishing the day at $58.13, down 1.56%. This comes as TD Securities’ head of commodity research, Bart Melek, predicted that gold will fall to $3,900 before rising to $5,300 by the end of 2026. He cited continued inflationary pressure as the main reason for the positive outlook.
Crypto:
Bitcoin continued to consolidate in the $59,000–$60,500 zone yesterday, and pushed toward $60,158 intraday before trading in the $60,150–$60,370 range late Monday afternoon. The modest gains of roughly +1% over the past 24 hours came amid low volatility and sideways trading. Ethereum hovered near $1,590–$1,620 during the day, with a slight recovery from earlier in the session. Sentiment remains neutral-to-cautious on the crypto sector, and on Monday, many altcoins saw more decliners than gainers, with broader crypto markets reflecting risk-off flows tied to macro factors, such as the stronger U.S. dollar and interest rate expectations. At 8 AM EDT, Bitcoin was trading at $59,210. At the same time, Ethereum was quoted at $1,582.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the best Wall Street analyst upgrades, downgrades, and initiations seen on Tuesday, June 30, 2026.
Upgrades:
Block (NYSE: XYZ) caught a double upgrade from Piper Sandler, which lifted the shares to Overweight from Underweight, and boosted the target price to $100 from $58.
Comcast (NASDAQ: CMCSA) was raised to Buy from Hold at Deutsche Bank, which trimmed the target price for the shares to $32 from $34.
Fortune Brands Innovations (NYSE: FBIN) was upgraded to Buy from Hold at Truist, which lifted the target price for the shares to $70 from $45.
Honeywell International (NYSE: HON) was upgraded to Outperform from Neutral at Daiwa, which moved the target price for the shares to $255 from $240.
Tradeweb Markets (NASDAQ: TW) Goldman Sachs upgraded the shares to Buy from Neutral, with a $146 target price.
Downgrades:
Fortinet (NASDAQ: FTNT) was downgraded to Reduce from Hold at HSBC, with a $102 target price.
Goldman Sachs Group (NYSE: GS) was downgraded to Underperform from Perform at Oppenherim, without a target price.
Logitech International (NASDAQ: LOGI) was cut to Underperform from Neutral at Bank of America, which dropped the price target for the shares to $86 from $108.
Scorpio Tankers (NYSE: STNG) was downgraded to Underperform from Buy at Bank of America, which cut the target price to $78 from $100.
Trade Desk (NASDAQ: TTD) was downgraded to Sell from Neutral at Arete, with an $11.60 target price.
Initiations:
Cerebras Systems (NASDAQ: CBRS) was started with a Hold rating at Freedom Capital, with a $209 target price.
Klarna Group (NYSE: KLAR) was started with a Market Perform rating at Citizens, without a target price.
MKS (NASDAQ: MKSI) was initiated with an Outperform rating at BMO Capital, with a $453 target price.
Rocket Companies (NYSE: RKT) was initiated with a Buy rating at Benchmark, with a $21 target price.
Visa (NYSE: V) was initiated with an Overweight rating at Piper Sandler, with a $394 target price objective for the credit card giant.
The post Here are Tuesday’s Best Wall Street Analyst Research Calls: Block, Comcast, Fortinet, Goldman Sachs, Honeywell, Klarna, Logitech, Scorpio Tankers, Trade Desk, and More appeared first on 24/7 Wall St..]]>
Here Are Thursday’s Top Wall Street Analyst Research Calls: Alphabet, Coinbase Global, Digital Realty Trust, Intuit, Reddit, Roku, Tyler Technologies, and More
Thu, 08 Jan 2026 13:09:47 +0000
... Here Are Thursday’s Top Wall Street Analyst Research Calls: Alphabet, Coinbase Global, Digital Realty Trust, Intuit, Reddit, Roku, Tyler Technologies, and More]]>
The post Here Are Thursday’s Top Wall Street Analyst Research Calls: Alphabet, Coinbase Global, Digital Realty Trust, Intuit, Reddit, Roku, Tyler Technologies, and More appeared first on 24/7 Wall St..
Pre-Market Stock Futures:
The futures are trading lower on Thursday after investors and traders tapped the brakes on the 2026 new year rally, as only the Nasdaq was able to grind out another gain, finishing the session at 23,584, up 0.16. After exploding higher to print new all-time highs on Tuesday, both the Dow Jones Industrials and the S&P 500 ended the day lower, with the former down 0.94% to close at 48.996 as Caterpillar Inc. (NYSE: CAT) was hammered to the tune of 4.25%, and the latter down just 0.34% to finish the day at 6,920. Needless to say, after a sprint out of the box to start the year, we could be seeing some short-term traders scalping profits, but it’s also possible investors were selling losers and winners from 2025 this year to book gains or losses in 2026. With the non-farm payrolls for December released on Friday morning, some could be taking capital off the table ahead of the report, following a lackluster year in 2025 for job growth and a poor ADP employment report.
Treasury Bonds:
Yields were mainly lower across the Treasury curve on Wednesday as buyers continued to snap up many intermediate- and longer-dated government bonds. Traders cited the weaker-than-expected ADP employment data, which showed a gain of 41,000 jobs versus expectations of 48,000. In addition, the Job Openings and Labor Turnover Survey (JOLTS) report indicated that job openings fell more than expected, reaching their lowest level in over a year. This is the kind of data that could spur more interest rate cuts in 2026. The 30-year Treasury long bond closed at 4.82% while the benchmark 10-year note was last seen at 4.14%.
Oil and Gas:
Crude oil prices were lower across the energy complex on Wednesday, but the extreme pressure seen earlier in the week abated somewhat. Brent Crude finished trading on Wednesday at $60.31, down 0.64%, while West Texas Intermediate finished down 1.42% at $56.32. Concerns about oversupply continue to pose headwinds for the sector. Still, one positive for the day came when it was reported that four key Opec+ producers have pledged to deepen their production cuts in the first half of 2026, as the organization looks to improve quota compliance among its members. One bright spot for the day was natural gas rallying 6.48% to finish at $3.57.
Gold:
For the first time in the new year, Gold and Silver finished lower on the day, and the likely reason was old-fashioned profit-taking after a massive rally in both precious metals over the last year. Last year, gold posted its biggest gains since 1979, and while the base for continued moves higher is in place for both gold and silver, traders are expecting near-term volatility. The final gold quote was $4,452, down 0.92%, while silver was quoted at $78.13, down 3.78%.
Crypto:
Crypto trading on Wednesday saw a downturn, with Bitcoin falling below $92,000 and pulling major altcoins down, extending earlier losses as traders digest new U.S. labor data and geopolitical risks, leading to increased risk-off sentiment and significant liquidations in leveraged futures, mainly affecting coins like XRP and Ethereum. At 8A EST, Bitcoin traded at $89.830, while Ethereum traded at $3,091.
24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on
Upgrades:
Alphabet Inc. (NASDAQ: GOOGL) was upgraded to Overweight from Neutral at Cantor Fitzgerald, which raised its target price to $370 from $310.
Chubb Ltd. (NYSE: CD) was upgraded to Buy from Neutral by Goldman Sachs with a $351 price target.
Coinbase Global Inc. (NASDAQ: COIN) was raised to Buy from Neutral at Bank of America, with a $340 target price objective.
The Gap Inc. (NYSE: GAP) was raised to Buy from Neutral at UBS with a $41 target price.
Roku Inc. (NASDAQ: ROKU) was upgraded to Outperform from In Line at Evercore ISI, which lifted the target price for the shares to $145 from $1o5.
Downgrades:
Alcoa Corp. (NYSE: AA) was downgraded to Underweight from Neutral at JPMorgan, which bumped the target price up to $50 from $45.
Darden Restaurants Inc. (NYSE: DRI) was downgraded to Hold from Buy at Truist, which dropped the target price for the restaurant giant to $207 from $240.
Digital Realty Trust Inc. (NYSE: DLR) was downgraded to Neutral from Buy at Bank of America, which slashed the target price for the shares to $170 from $210.
Logitech International SA (NASDAQ: LOGI) was downgraded to Neutral from Outperform at BNP Paribas, which dropped the target price to $106 from $128.
Neurocrine Biosciences Inc. (NASDAQ: NBIX) was cut to Equal Weight from Overweight at Morgan Stanley, who bumped the target price up to $175 from $173.
Initiations:
Bread Financial Holdings Inc. (NYSE: BFH) was initiated with a Buy rating at UBS, with a $92 target price.
Intuit Inc. (NASDAQ: INTU) was initiated with a Buy rating at TD Cowen with a giant $802 target price.
Polaris Inc. (NYSE: PII) was initiated with a Buy rating at Seaport Research, which has set a $83 target for the shares.
Reddit Inc. (NYSE: RDDT) was started with a Neutral rating at Cantor Fitzgerald with a $240 target price.
Tyler Technologies Inc. (NYSE: TYL) was initiated with a Buy rating at Stifel, which has set a $550 target price objective.
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4 Office Products Stocks Are Fighting Remote Work. Here’s Who’s Best Positioned.
Tue, 06 Jan 2026 12:09:38 +0000
... 4 Office Products Stocks Are Fighting Remote Work. Here’s Who’s Best Positioned.]]>
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The office products industry faces relentless headwinds as remote work, digitization, and shifting workplace habits erode demand for traditional supplies. Some companies are fighting back with strategic pivots, cost discipline, and acquisitions to unlock value in adjacent markets. ACCO Brands (NYSE:ACCO) just acquired premium headset maker EPOS for $11.7 million. We examined ACCO alongside peers navigating similar challenges to see who’s positioned to benefit from operational transformation in a declining category.
Four Companies Fighting the Office Products Downturn
ACCO Brands (NYSE:ACCO)
ACCO Brands manufactures staplers, binders, whiteboards, and computer accessories under brands like Swingline, Mead, and Kensington. The company generates $1.54 billion in annual revenue but saw sales contract 8.8% year over year in its most recent quarter. ACCO is betting on cost cuts and strategic acquisitions to stabilize margins and diversify beyond declining stationery sales.
Newell Brands (NASDAQ:NWL)
Newell Brands (NASDAQ:NWL) operates a portfolio spanning office products (Sharpie, Paper Mate), home goods (Rubbermaid), and outdoor gear (Coleman). The company has been divesting non-core assets and focusing on higher-margin consumer categories. Office products remain part of the mix, but Newell’s exposure is diluted across multiple segments.
Logitech International (NASDAQ:LOGI)
Logitech International (NASDAQ:LOGI) designs computer peripherals including mice, keyboards, webcams, and headsets. Unlike traditional office suppliers, Logitech benefits from hybrid work trends driving demand for home office technology. The company reported strong growth in video collaboration products and gaming accessories, positioning it differently from paper-based competitors.
HNI Corporation (NYSE:HNI)
HNI Corporation (NYSE:HNI) manufactures office furniture and hearth products. While not a direct office supplies competitor, HNI faces similar workplace transformation pressures. The company has focused on flexible workspace solutions and contract furniture for corporate clients adapting to hybrid models.
How Their Businesses Compare
ACCO’s EPOS acquisition expands its Kensington accessories line into the $1.7 billion premium enterprise headset market. Management projects $10 million to $15 million in cost synergies over two years, substantial relative to the $11.7 million purchase price. The deal closes in January 2026 and is expected to boost profitability despite ongoing revenue headwinds. ACCO also operates a $100 million cost reduction program aimed at protecting margins as core stationery demand weakens.
Logitech holds the strongest position among these companies. Its product mix aligns with remote and hybrid work trends rather than fighting against them. Video conferencing equipment, wireless peripherals, and gaming accessories all benefit from the shift away from traditional offices. Logitech’s business is growing while ACCO’s contracts.
Newell Brands has partially insulated itself through diversification. Office products represent only a portion of revenue, with home essentials and outdoor categories providing stability. However, this diversification means Newell lacks the focused operational leverage that a pure-play turnaround could deliver.
HNI faces workspace transformation challenges similar to ACCO’s but operates in furniture rather than supplies. The company benefits from corporate spending on office redesigns for hybrid work, though furniture cycles are longer and more capital-intensive than consumable office products.
What Management Is Saying
ACCO’s December 2025 acquisition announcement stated: “This strategic move aims to diversify ACCO’s offerings and capitalize on a $1.7 billion global market, with anticipated cost synergies of $10 million to $15 million over the next two years.”
The company added: “The acquisition is expected to moderately boost profit in 2026, despite a forecasted revenue decline for ACCO Brands in the current year.”
An October 2025 analysis from Insider Monkey noted that “despite lower-than-expected sales in Q3 2025 due to soft global demand, the company projects improved sales trends in Q4, driven by technology accessories and favorable foreign exchange rates.”
Management’s emphasis on cost discipline and technology accessories signals recognition that traditional office supplies won’t drive growth. The EPOS deal represents a concrete bet on premium workplace technology as the path forward.
Who Actually Benefits Most
Income investors seeking high yields benefit most from ACCO’s current situation. The stock offers an 8.13% dividend yield backed by 27 consecutive quarterly payments since 2018. The company trades at 0.52 times book value and 3.84 times forward earnings, creating a margin of safety for dividend sustainability even as revenue declines. Deep value investors also benefit from ACCO’s distressed valuation. Analyst targets average $6.00 versus the current $3.69 price, implying 63% upside if the turnaround gains traction. Institutional investors hold 84% of shares, suggesting sophisticated money managers see potential despite operational challenges.
Logitech serves growth-oriented investors better. Its products align with secular trends rather than requiring a turnaround thesis. Newell and HNI offer more diversified exposure but lack the focused transformation story or extreme valuation discount that defines ACCO’s appeal.
The Bottom Line
ACCO Brands benefits contrarian income investors willing to accept operational risk for an 8% yield and potential mean reversion. The EPOS acquisition and cost discipline provide tangible catalysts, but the core business remains challenged. Logitech offers cleaner growth exposure, while ACCO presents a high-risk, high-reward opportunity for those betting on stabilization in a distressed sector.
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Wall Street Analysts Just Upgraded These Hot Stocks: UBER, LOGI, DASH, APLS
Wed, 15 Oct 2025 17:57:06 +0000
... Wall Street Analysts Just Upgraded These Hot Stocks: UBER, LOGI, DASH, APLS]]>
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U.S. stocks pared early gains on Wednesday, with the Dow slipping despite robust bank earnings from Bank of America and Morgan Stanley, fueled by trading windfalls. The S&P 500 edged up 0.21% to 6,658.43, while the Nasdaq surged 0.39% to 22,608.73, propelled by AI chip leaders Nvidia, Intel, and AMD. A $40 billion BlackRock-led buyout of a major data-center firm underscored tech’s momentum.
Uber
Analysts at Guggenheim just upgraded Uber (NYSE: UBER) to a buy rating with a price target of $140 a share.
“Our BUY thesis is underpinned by the company’s asset base consisting of industry-leading 1) network, 2) technology, and 3) brand equity. Uber’s multi-platform network is >3x that of next ‘Gig’ peer, with reach positioning the Rideshare leader for increased Autonomous Vehicle (AV) adoption,” said the firm, as quoted by CNBC.
Last trading at $94.25 as of Tuesday’s close, we’d like to see the ride-sharing stock initially retest its recent high of $100.18 a share.
Logitech
An improving environment for peripherals is creating a buy opportunity for Logitech (NASDAQ: LOGI), says Citi, as noted by CNBC.
Analysts upgraded the LOGI stock to a “buy” rating from a “neutral” rating. “We’re upgrading LOGI to Buy from Neutral with a TP of $130 (ETR of ~25%),” said the firm. “Peripheral demand should benefit given positive PC data points with checks suggesting constructive Videoconferencing equipment demand amidst return to office, and strong gaming peripherals demand.”
Last trading at $104.94, we’d like to see LOGI initially retest $115 a share.
DoorDash
Shares of DoorDash (NASDAQ: DASH) were just upgraded to an outperform rating by JPMorgan, which is bullish on DASH’s future following its acquisition of Deliveroo.
“Following the acquisition, DoorDash now operates in 45 countries with a combined population of over a billion. It serves more than 700,000 local businesses and 50 million monthly active users, with Deliveroo having contributed around seven million,” noted CNBC.
Apellis Pharmaceuticals
Wells Fargo just upgraded Apellis Pharmaceuticals (NASDAQ: APLS) to an overweight rating, with a price target of $32 a share. The firm cited “stabilizing Syfovre sales and its confidence in Empaveli’s launch following a doctor survey for the upgrade. The shares could rally 15%-20% on Empaveli’s growth,” as highlighted by Tip Ranks.
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Thursday’s Top Analyst Upgrades and Downgrades: Cinemark, CrowdStrike, DoorDash, Estee Lauder, McDonald’s, ServiceNow, Virgin Galactic and More
Thu, 15 Jun 2023 12:51:35 +0000
The post Thursday’s Top Analyst Upgrades and Downgrades: Cinemark, CrowdStrike, DoorDash, Estee Lauder, McDonald’s, ServiceNow, Virgin Galactic and More appeared first on 24/7 Wall St..The futures were trading lower after the major indexes closed decidedly mixed, as the venerable Dow Jones industrial average closed lower while the tech-heavy Nasdaq and the S&P 500 both hit 52-week highs again on Wednesday. As expected, the Federal Reserve paused the rate hikes that have come at every meeting for over a year now. While it may be the pause that refreshes, Fed Chair Powell stated that two more rate hikes were likely on the way later this year.
While the consumer price index data this week was encouraging, the rate of inflation, especially at the core level, is still way above the benchmarks that the Fed has set. U.S. producer prices, reported Wednesday, jumped 1.1% over the last year, marking the 11th consecutive decline in the year-over-year rate of change and the lowest print since December 2020. The index peaked at 11.7% in March 2022.
Treasury yields were down across the curve as bond traders seemingly were positioned to Buy after rates had crept back up to levels not seen since March. The Treasury Department will be hitting the market with a tsunami of inventory of all government maturities, which is estimated at a stunning $1 trillion as the country’s coffers need to be refilled. The 10-year paper closed the day down four basis points at 3.80%, while the two-year note closed at 4.69%, flat on the day. The inversion between the two still indicates a recession could be on the way.
Brent and West Texas Intermediate crude had a weak day, with both closing down following Tuesday’s solid 3.5% gain. The tug-of-war over China demand still is the leading headline, along with slowing production, as the rig count has continued to fall on a weekly basis. Natural gas finished the day unchanged at $2.34.
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Gold continued its slow start to the week by closing lower at $1,955.70. Traders cited the drop in the producer price index and the general malaise around the bullion over the past month as the reason for the recent weakness. Bitcoin was hammered also on Wednesday, continuing a dreadful stretch that has been aided by worries over regulation. The cryptocurrency finished the day at $25,086, down over 3%.
24/7 Wall St. reviews dozens of analyst research reports each day of the week with a goal of finding fresh ideas for investors and traders alike. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock. Consensus analyst target data is from Refinitiv.
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These are the top analyst upgrades, downgrades and initiations seen on Thursday, June 15, 2023.
Albemarle Corp. (NYSE: ALB): KeyBanc Capital Markets started coverage on the stock with a Buy rating and a $260 target price. The consensus target is $263.54, and the stock closed on Wednesday at $226.80.
California Water Service Group (NYSE: CWT): UBS downgraded the shares to Sell from Neutral. The consensus target price is $61 for now. The stock closed over 4% lower on Wednesday at $51.59 after the downgrade.
Catalent Inc. (NYSE: CTLT): Jefferies cut its Buy rating to Hold and its $45 target price to $44. The consensus target is $50.08. Wednesday’s $42.09 close was down 4% for the day on the downgrade.
Chipotle Mexican Grill Inc. (NYSE: CMG): Piper Sandler resumed coverage with a Neutral rating and a $2,075 price target. The consensus target is $2,082.76. The closing share price on Wednesday was $2,061.17.
Cinemark Holdings Inc. (NYSE: CNK): As B. Riley Securities downgraded the stock to Neutral from Buy, it nudged the $21 price target to $20. The consensus target is $18.41. The shares closed on Wednesday at $17.23, which was down over 6% for the day on the downgrade.
CrowdStrike Holdings Inc. (NASDAQ: CRWD): KeyBanc Capital Markets initiated coverage with an Overweight rating and a $200 price target. The consensus target is $181.24. Wednesday’s close was at $151.90.
Deckers Outdoor Corp. (NASDAQ: DECK): Raymond James initiated coverage with an Outperform rating. Its $565 target price compares with the $530.12 consensus target and Wednesday’s closing trade of $506.73, which was up over 3% on the day.
Domino’s Pizza Inc. (NYSE: DPZ): Piper Sandler started coverage with an Overweight rating and a target price of $349. The consensus target is $350.71, and the stock closed on Wednesday at $305.72.
DoorDash Inc. (NYSE: DASH): When Gordon Haskett downgraded the stock to Hold from Buy, the analyst trimmed the $73 price target to $72. The consensus target is $77.39. Shares closed over 2% lower on Wednesday at $71.50.
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Estee Lauder Companies Inc. (NYSE: EL): Berenberg upgraded the stock to Buy from Hold. Its $243 target price compares with the $240.57 consensus target and Wednesday’s closing print of $192.15.
Icahn Enterprises L.P. (NYSE: IEP): Citing inflated net asset value, poor fundamentals and negative headlines, Zacks selected this as its Bear of the Day stock. Shares have traded as high as $55.16 in the past year but closed most recently at $29.28.
IPG Photonics Corp. (NASDAQ: IPGP): The Market Perform rating at Raymond James is now at Outperform. Its $170 target price is well above the consensus target of $138.14 and Wednesday’s close at $132.83.
Jack in the Box Inc. (NASDAQ: JACK): Piper Sandler started coverage with a Neutral rating and a $93 target price. The consensus target is $101.63. The stock closed at $91.58 on Wednesday.
Logitech International S.A. (NASDAQ: LOGI): Citigroup’s downgraded to Neutral from Buy included a target price cut to $70 from $73. The consensus target is $65.33. Wednesday’s $56.81 close was down over 11% on the downgrade.
McDonald’s Corp. (NYSE: MCD): Piper Sandler resumed coverage with a Neutral rating and a $308 target price. The consensus is up at $318.45. Wednesday’s close was at $288.44.
NVR Inc. (NYSE: NVR): Seaport Research Partners started coverage of the homebuilder with a Buy rating and a $7,000 target price. The consensus target is $5,666.67, which is lower than Wednesday’s $5,886.57 close.
Papa John’s International Inc. (NASDAQ: PZZA): Piper Sandler started coverage with a Neutral rating and a $77 target price. The consensus target is $91.93, and Wednesday’s last trade was delivered at $73.56.
ServiceNow Inc. (NYSE: NOW): Needham started coverage with a Buy rating and a $660 target price. The $547.23 consensus target is lower than Wednesday’s close at $567.31.
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Sherwin-Williams Co. (NYSE: SHW): Citigroup initiated coverage with a Buy rating and a $283 target price. The $256.69 consensus target is closer to Wednesday’s close at $245.85.
Shift4 Payments Inc. (NYSE: FOUR): As MoffettNathanson upgraded the stock to Outperform from Equal Weight, its $75 target price increased to $80. The consensus target is $80.73. The shares closed on Wednesday at $65.06.
Virgin Galactic Holdings Inc. (NASDAQ: SPCE): Alembic Global Advisors boosted its Underweight rating to Neutral with a $4.75 target price. The consensus target is $4.20, and shares closed on Wednesday at $4.39.
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Wednesday’s top analyst upgrades and downgrades included Apple, Devon Energy, EOG Resources, First Horizon, Global Payments, Mobileye Global, Netflix, Oracle, PagSeguro Digital, PayPal, Radian, StoneCo, Ulta Beauty and Urban Outfitters.
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Tuesday’s Top Analyst Upgrades and Downgrades: Apple, Baidu, Comcast, Exxon Mobil, General Motors and More
Tue, 02 May 2023 12:55:14 +0000