BNP Paribas upgraded Nucor from a Neutral rating to an Outperform rating. The broker believes that there is “uniquely strong” sales and distribution outlook for rebar and plate. NUE closed at US$ 160.45 on Wednesday, July 5, 2023.
Constellation Brands saw higher price targets from brokers as it released its earnings report for Q1 FY24. STZ shares closed at US$ 247.47 on Monday, July 3, 2023, taking its YTD gains to 6.21%.
Broker have maintained a ‘Hold’ rating on Atlassian (NASDAQ: TEAM) despite its stable performance in Q3 FY23. Many Atlassian insiders have sold company shares over the past quarter.
Broker have maintained a ‘Buy’ rating on TD SYNNEX (NYSE: SNX) and Transphorm Inc. (NYSE: TGAN) post the release of their earnings update. The consensus price target on SNX is US$ 112.09 and on TGAN is US$ 6.50.
Vertex Energy reports its first commercial sale of renewable diesel. Stifel upgraded its rating on Vertex to ‘Buy’ on June 26, 2023, the same day when the company released its commercial sale announcement.
Analysts are bullish on Darden Restaurants (NYSE: DRI) after the company announced its Q4 FY23 and full year FY23 results. DRI stock has a consensus price target of US$ 173.92 as on June 26, 2023.
Analysts upgraded their ratings on Oracle Corporation post the release of the company’s financial results for Q1 FY23. A majority of 20 analysts have maintained a ‘Hold’ rating on Oracle among the 32 analysts who have covered the stock.
Analysts retain ‘Buy’ rating on Catalyst Pharmaceuticals (NASDAQ: CPRX) after the company announced a partnership with Santhera Pharmaceuticals Holdings. Refinitiv data suggests an overall ‘Buy’ rating on the stock.
Analysts retain ‘Buy’ rating on Enovix Corp. (NASDAQ: ENVX) as the company reported the completion of its Q2 production target two weeks in advance. Refinitiv data suggests an overall ‘Buy’ rating on the stock.
Brokers retained their 'Buy' ratings on ChargePoint Holdings (NYSE: CHPT) following the company’s Q1FY24 earnings release. The consensus mean price target on CHPT is US$ 15.58 as on June 16, 2023.