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Brokers upgrade ratings on these stocks post their earnings release

First Solar and Coursera received rating upgrades form analysts following the release of their financial results for the June 2023 quarter. First Solar has a mean recommendation rating of 2 and Coursera has a mean recommendation rating of 2.1 on a scale o

Akanksha Vashisht | 31 July 2023

Morgan Stanley upgrades WW International to Outperform; stock up over 80% in a month

Morgan Stanley upgraded WW International to ‘outperform’ rating, leading to a price surge of 7.35% to US$10.66 premarket. WW had a mean recommendation rating of 2.7. The stock has surpassed its mean recommendation rating of US$9.7.

Akanksha Vashisht | 28 July 2023

Brokers upgrade Becton Dickinson (NYSE: BDX) as it receives FDA clearance for Alaris Infusion System

Raymond James upgraded Becton Dickinson to ‘outperform’ rating as the stock hit its highest ever share price in early trade on Monday. BDX had a mean recommendation rating of 2 and a consensus mean price target of US$293.21 as on July 24, 2023.

Akanksha Vashisht | 25 July 2023

Brokers positive on Harley-Davidson (NYSE: HOG) ahead of earnings release

D.A. Davidson upgraded Harley-Davidson to ‘buy’ rating and raised its price target on the stock from US$38 to US$47. HOG had a mean recommendation rating of 2.1 and a consensus mean price target of US$45 as on July 21, 2023.

Akanksha Vashisht | 24 July 2023

BofA upgrades Bluebird bio (NASDAQ: BLUE) to ‘buy’, sees potential in its sickle cell gene therapy

Bluebird bio (NASDAQ: BLUE)received a rating upgrade from BofA Securities, leading to an uptick in the biotech company’s shares. BLUE shares recorded a 19.8% rise following BofA’s release of a rating upgrade.

Akanksha Vashisht | 20 July 2023

Here’s why Goldman Sachs upgraded Yelp Inc. (NYSE: YELP) to ‘buy’

Goldman Sachs upgraded Yelp Inc. to ‘buy’ rating as it believes that Yelp is set to benefit from a potential increase in advertising trends. Yelp has a mean recommendation rating of 3.1 and a consensus mean price target of US$35.75.

Akanksha Vashisht | 18 July 2023

Northland Securities upgrades Plug Power to ‘buy’ despite losses in Q1 2023

Plug Power saw a price uptick of around 10% on July 13, 2023, as it secured a 100-megawatt electrolyzer deal for a project in Europe. Northland Securities upgraded the stock to an ‘outperform’ rating a day after the deal was announced.

Team Kalkine | 17 July 2023

Marathon Oil receives broker upgrades as inflation cools down

US inflation data suggests that the rate at which prices are increasing is slowing down. Marathon Oil saw a price uptick of 1.89% on July 12, 2023, following the CPI data release. The S&P 500 energy index also rose 1.1% on July 12, 2023.

Akanksha Vashisht | 13 July 2023

Jeffries raises price target on Home Depot as it sees long-term demand in the sector

Jeffries increased its price target on Home Depot from US$349 to US$370 as it sees long-term demand in the home improvement industry. The stock has a consensus mean price target of US$ 315.05 as on July 10, 2023. This is 1.54% higher than its …

Akanksha Vashisht | 11 July 2023

Guggenheim upgrades Exelon (NASDAQ: EXC) to Buy despite slow utilities sector growth

Guggenheim upgraded Exelon from a Neutral rating to a Buy rating, despite slower outlook for the utilities sector. The broker believes that Exelon has higher growth trajectory than its peers. EXC closed at US$ 40.96 on Friday, July 7, 2023.

Akanksha Vashisht | 10 July 2023
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