Wednesday 24 January 2024

🌎 Tesla Initiated, Plug Power Downgraded, Uber Technologies Downgraded and more...

Ratings changes for Nikola, Ocugen, Tesla, Altimmune, Plug Power, Advanced Micro Devices, Vertex Pharmaceuticals and more...Text "MarketBeat" to 68285 to get SMS breaking news alerts for stocks on your watchlist and other special reports. Learn More.
January 24th, 2024
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Analysts' Upgrades
  • ACADIA Pharmaceuticals (NASDAQ:ACAD) was upgraded by analysts at Needham & Company LLC from a "hold" rating to a "buy" rating. They now have a $37.00 price target on the stock. This represents a 34.6% upside from the current price of $27.48.
  • Advanced Micro Devices (NASDAQ:AMD) was upgraded by analysts at New Street Research from a "neutral" rating to a "buy" rating. They now have a $215.00 price target on the stock. This represents a 19.4% upside from the current price of $180.03.
  • Capital City Bank Group (NASDAQ:CCBG) was upgraded by analysts at Janney Montgomery Scott from a "neutral" rating to a "buy" rating. They now have a $37.50 price target on the stock. This represents a 21.6% upside from the current price of $30.85.
  • CrossFirst Bankshares (NASDAQ:CFB) was upgraded by analysts at Stephens from an "equal weight" rating to an "overweight" rating. They now have a $18.00 price target on the stock, up previously from $16.00. This represents a 23.8% upside from the current price of $14.54.
  • First Horizon (NYSE:FHN) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $16.00 price target on the stock, up previously from $15.50. This represents a 5.9% upside from the current price of $15.11.
  • FIGS (NYSE:FIGS) was upgraded by analysts at Barclays PLC from an "underweight" rating to an "equal weight" rating. They now have a $7.00 price target on the stock. This represents a 15.9% upside from the current price of $6.04.
  • Netflix (NASDAQ:NFLX) was upgraded by analysts at Macquarie from a "neutral" rating to an "outperform" rating. They now have a $595.00 price target on the stock, up previously from $410.00. This represents a 7.3% upside from the current price of $554.65.
  • Squarespace (NYSE:SQSP) was upgraded by analysts at JMP Securities from a "market perform" rating to an "outperform" rating. They now have a $40.00 price target on the stock. This represents a 19.2% upside from the current price of $33.56.
  • Sunoco (NYSE:SUN) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating. They now have a $65.00 price target on the stock, up previously from $54.00. This represents a 16.2% upside from the current price of $55.94.
  • Tencent Music Entertainment Group (NYSE:TME) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $10.50 price target on the stock. This represents a 18.6% upside from the current price of $8.85.
  • Verizon Communications (NYSE:VZ) was upgraded by analysts at Daiwa Capital Markets from a "neutral" rating to an "outperform" rating. They now have a $47.00 price target on the stock, up previously from $36.00. This represents a 12.7% upside from the current price of $41.72.
  • Webster Financial (NYSE:WBS) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $65.00 price target on the stock, up previously from $60.00. This represents a 24.9% upside from the current price of $52.06.
  • View today's most recent analysts' upgrades at MarketBeat.com right arrow


Analysts' Downgrades
  • Biogen (NASDAQ:BIIB) was downgraded by analysts at UBS Group AG from a "buy" rating to a "neutral" rating. They now have a $276.00 price target on the stock, down previously from $311.00. This represents a 10.4% upside from the current price of $249.93.
  • Brilliant Earth Group (NASDAQ:BRLT) was downgraded by analysts at TD Cowen from an "outperform" rating to a "market perform" rating. They now have a $3.40 price target on the stock, down previously from $3.50. This represents a 7.9% upside from the current price of $3.15.
  • Cytokinetics (NASDAQ:CYTK) was downgraded by analysts at UBS Group AG from a "buy" rating to a "neutral" rating. They now have a $92.00 price target on the stock, up previously from $61.00. This represents a 11.6% upside from the current price of $82.41.
  • Endava (NYSE:DAVA) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $80.00 price target on the stock, up previously from $68.00. This represents a 3.3% upside from the current price of $77.46.
  • DuPont de Nemours (NYSE:DD) was downgraded by analysts at BMO Capital Markets from an "outperform" rating to a "market perform" rating. They now have a $72.00 price target on the stock, down previously from $80.00. This represents a 9.3% upside from the current price of $65.85.
  • Danaher (NYSE:DHR) was downgraded by analysts at Barclays PLC from an "overweight" rating to an "equal weight" rating. They now have a $240.00 price target on the stock. This represents a 4.4% upside from the current price of $229.84.
  • DXC Technology (NYSE:DXC) was downgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "underweight" rating. They now have a $24.00 price target on the stock, down previously from $27.00. This represents a 4.1% upside from the current price of $23.05.
  • EPAM Systems (NYSE:EPAM) was downgraded by analysts at Morgan Stanley from an "equal weight" rating to an "underweight" rating. They now have a $250.00 price target on the stock, up previously from $235.00. This represents a 13.8% downside from the current price of $290.10.
  • Home Bancorp (NASDAQ:HBCP) was downgraded by analysts at Piper Sandler from an "overweight" rating to a "neutral" rating. They now have a $43.00 price target on the stock, up previously from $40.00. This represents a 4.8% upside from the current price of $41.03.
  • Mosaic (NYSE:MOS) was downgraded by analysts at Mizuho from a "buy" rating to a "neutral" rating. They now have a $34.00 price target on the stock, down previously from $42.00. This represents a 6.2% upside from the current price of $32.01.
  • Netflix (NASDAQ:NFLX) was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating. They now have a $525.00 price target on the stock, up previously from $460.00. This represents a 5.3% downside from the current price of $554.65.
  • Plug Power (NASDAQ:PLUG) was downgraded by analysts at BMO Capital Markets from a "market perform" rating to an "underperform" rating. They now have a $2.50 price target on the stock, down previously from $3.50. This represents a 32.6% downside from the current price of $3.71.
  • Rentokil Initial (NYSE:RTO) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating. They now have a $29.00 price target on the stock, down previously from $40.00. This represents a 14.5% upside from the current price of $25.32.
  • Stellantis (NYSE:STLA) was downgraded by analysts at HSBC Holdings plc from a "buy" rating to a "hold" rating.The current price is $21.28.
  • Tilly's (NYSE:TLYS) was downgraded by analysts at B. Riley from a "buy" rating to a "neutral" rating. They now have a $8.75 price target on the stock, down previously from $10.50. This represents a 16.7% upside from the current price of $7.50.
  • Thermo Fisher Scientific (NYSE:TMO) was downgraded by analysts at Barclays PLC from an "overweight" rating to an "equal weight" rating. They now have a $555.00 price target on the stock, up previously from $475.00. This represents a 2.6% upside from the current price of $540.99.
  • Uber Technologies (NYSE:UBER) was downgraded by analysts at Gordon Haskett from a "buy" rating to a "hold" rating. They now have a $66.00 price target on the stock. This represents a 2.5% upside from the current price of $64.39.
  • Vertex Pharmaceuticals (NASDAQ:VRTX) was downgraded by analysts at Canaccord Genuity Group Inc. from a "hold" rating to a "sell" rating. They now have a $379.00 price target on the stock, up previously from $332.00. This represents a 11.6% downside from the current price of $428.61.
  • Vertex Energy (NASDAQ:VTNR) was downgraded by analysts at Northland Securities from an "outperform" rating to a "market perform" rating. They now have a $2.00 price target on the stock. This represents a 29.4% upside from the current price of $1.55.
  • View today's most recent analysts' downgrades at MarketBeat.com right arrow


Analysts' New Coverage
  • Alignment Healthcare (NASDAQ:ALHC) is now covered by analysts at Stifel Nicolaus. They set a "buy" rating and a $11.00 price target on the stock. This represents a 48.2% upside from the current price of $7.42.
  • Altimmune (NASDAQ:ALT) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "neutral" rating and a $13.00 price target on the stock. This represents a 34.2% upside from the current price of $9.69.
  • Apollo Medical (NASDAQ:AMEH) is now covered by analysts at Stifel Nicolaus. They set a "buy" rating and a $45.00 price target on the stock. This represents a 24.3% upside from the current price of $36.20.
  • Atmus Filtration Technologies (NYSE:ATMU) is now covered by analysts at Northland Securities. They set a "market perform" rating and a $26.00 price target on the stock. This represents a 17.2% upside from the current price of $22.19.
  • Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) is now covered by analysts at Redburn Atlantic. They set a "buy" rating on the stock.The current price is $33.90.
  • Delek US (NYSE:DK) is now covered by analysts at Citigroup Inc.. They set a "neutral" rating on the stock.The current price is $24.89.
  • Ford Motor (NYSE:F) is now covered by analysts at Redburn Atlantic. They set a "sell" rating and a $10.00 price target on the stock. This represents a 10.3% downside from the current price of $11.15.
  • General Motors (NYSE:GM) (TSE:GMM.U) is now covered by analysts at Redburn Atlantic. They set a "neutral" rating and a $40.00 price target on the stock. This represents a 13.9% upside from the current price of $35.13.
  • Mercedes-Benz Group (OTCMKTS:MBGYY) is now covered by analysts at Redburn Atlantic. They set a "neutral" rating on the stock.
  • Marathon Petroleum (NYSE:MPC) is now covered by analysts at Citigroup Inc.. They set a "neutral" rating on the stock.The current price is $154.43.
  • Nikola (NASDAQ:NKLA) is now covered by analysts at Robert W. Baird. They set an "outperform" rating and a $2.00 price target on the stock. This represents a 177.2% upside from the current price of $0.72.
  • PBF Energy (NYSE:PBF) is now covered by analysts at Citigroup Inc.. They set a "neutral" rating on the stock.The current price is $44.68.
  • Polestar Automotive Holding UK (NASDAQ:PSNY) is now covered by analysts at Sanford C. Bernstein. They set an "underperform" rating and a $1.15 price target on the stock. This represents a 45.0% downside from the current price of $2.09.
  • Phillips 66 (NYSE:PSX) is now covered by analysts at Citigroup Inc.. They set a "buy" rating on the stock.The current price is $132.89.
  • Stellantis (NYSE:STLA) is now covered by analysts at Redburn Atlantic. They set a "buy" rating on the stock.The current price is $21.28.
  • Tesla (NASDAQ:TSLA) is now covered by analysts at Redburn Atlantic. They set a "sell" rating and a $170.00 price target on the stock. This represents a 19.7% downside from the current price of $211.66.
  • Valero Energy (NYSE:VLO) is now covered by analysts at Citigroup Inc.. They set a "buy" rating on the stock.The current price is $129.76.
  • Volkswagen (OTCMKTS:VWAGY) is now covered by analysts at Redburn Atlantic. They set a "sell" rating on the stock.The current price is $13.67.
  • View today's most recent analysts' new coverage at MarketBeat.com right arrow

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