📆 Wednesday, February 26
🟢 Positive Ratings:
Alibaba (BABA) 🇨🇳🟡⤴️🟢
Analyst: Bernstein upgrades to “OUTPERFORM”
Previously: “MARKET PERFORM”
Alnylam Pharmaceuticals (ALNY) 🇺🇸🟢
Analyst: Needham reiterates as “BUY”
Price Target: $320
Bank of America (BAC) 🇺🇸🟢
Analyst: Morgan Stanley reiterates as “OVERWEIGHT”
Check Point Software (CHKP) 🇺🇸🟡⤴️🟢
Analyst: JPMorgan upgrades to “OVERWEIGHT”
Previously: “NEUTRAL”
Price Target: $255
Coupang (CPNG) 🇰🇷🟡⤴️🟢
Analyst: Deutsche Bank upgrades to “BUY”
Previously: “HOLD”
Price Target: $28.50
CyberArk Software (CYBR) 🇺🇸🟢
Analyst: Rosenblatt Securities reiterates as “BUY”
Price Target: $445
Fair Isaac (FICO) 🇺🇸🟡⤴️🟢
Analyst: Royal Bank of Canada upgrades to “OUTPERFORM”
Previously: “SECTOR PERFORM”
Price Target: $2,170
Flutter Entertainment (FLUT) 🇬🇧🟢
Analyst: Truist Financial initiates as “BUY”
Price Target: $330
Intuit (INTU) 🇺🇸🟡⤴️🟢
Analyst: Morgan Stanley upgrades to “OVERWEIGHT”
Previously: “EQUAL WEIGHT”
Price Target: $730
Lennox International (LII) 🇺🇸🟡⤴️🟢
Analyst: Barclays upgrades to “OVERWEIGHT”
Previously: “EQUAL WEIGHT”
Price Target: $702
Analyst: Bank of America reiterates as “BUY”
Philip Morris International (PM) 🇺🇸🟢
Analyst: Barclays reiterates as “OVERWEIGHT”
Price Target: $145 ⤴️ $175
Super Micro Computer (SMCI) 🇺🇸🟢
Analyst: Loop Capital reiterates as ”BUY”
Price Target: $50 ⤴️ $70
Analyst: Morgan Stanley reiterates as “OVERWEIGHT”
🟡 Neutral Ratings:
Sempra (SRE) 🇺🇸🟢⤵️🟡
Analyst: Goldman Sachs downgrades to “NEUTRAL”
Previously: “BUY”
Price Target: $99 ⤵️ $76
Sempra (SRE) 🇺🇸🟢⤵️🟡
Analyst: UBS downgrades to “NEUTRAL”
Previously: “BUY”
Price Target: $95 ⤵️ $78
🔴 Negative Ratings:
N/A
Price Target (or target price): When an analyst sets a price target for a stock, he or she is trying to determine what the stock is worth and where the price will be in ~12 months. Ultimately, price targets depend on the valuation of the company issuing the stock. Analysts base their price targets usually on earnings forecasts and assumed valuation multiples. Price targets (especially average price targets) can be used to value stocks and may even be more useful than a stock analyst's rating.
🟢 = positive rating
🟡 = neutral rating
🔴 = negative rating
⤴️ = upgrade
⤵️ = downgrade
