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🌎 PDD Upgraded, Fluence Energy Initiated, Sibanye Stillwater Downgraded and more...

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Ratings changes for ZW Data Action Technologies, Malibu Boats, UP Fintech, PDD, United Airlines, nCino, Syneos Health and more...Text "MarketBeat" to 68285 to get SMS breaking news alerts for stocks on your watchlist and other special reports. Learn More. Unsubscribe.
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August 30th, 2023
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Analysts' Upgrades
  • CEMIG (NYSE:CIG) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating.The current price is $2.56.
  • Fraport (OTCMKTS:FPRUY) was upgraded by analysts at Societe Generale from a "hold" rating to a "buy" rating.The current price is $27.00.
  • WithSecure Oyj (OTCMKTS:FSOYF) was upgraded by analysts at Danske from a "hold" rating to a "buy" rating.
  • Fisher & Paykel Healthcare (OTCMKTS:FSPKF) was upgraded by analysts at Royal Bank of Canada from an "underperform" rating to a "sector perform" rating.The current price is $13.04.
  • Hercules Capital (NYSE:HTGC) was upgraded by analysts at Compass Point from a "neutral" rating to a "buy" rating. They now have a $17.50 price target on the stock. This represents a 4.9% upside from the current price of $16.69.
  • Kubota (OTCMKTS:KUBTY) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating.The current price is $78.00.
  • Malaysia Airport Holdings Bhd (OTC:MYPRF) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating.
  • PDD (NASDAQ:PDD) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "buy" rating. They now have a $129.00 price target on the stock, up previously from $99.00. This represents a 32.8% upside from the current price of $97.16.
  • Sunrun (NASDAQ:RUN) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating. They now have a $21.00 price target on the stock, down previously from $25.00. This represents a 31.9% upside from the current price of $15.92.
  • UDR (NYSE:UDR) was upgraded by analysts at Scotiabank from a "sector perform" rating to a "sector outperform" rating. They now have a $45.00 price target on the stock, up previously from $44.00. This represents a 11.9% upside from the current price of $40.21.
  • View today's most recent analysts' upgrades at MarketBeat.com right arrow

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Analysts' Downgrades
  • Ambarella (NASDAQ:AMBA) was downgraded by analysts at TD Cowen from an "outperform" rating to a "market perform" rating. They now have a $65.00 price target on the stock, down previously from $90.00. This represents a 5.4% upside from the current price of $61.68.
  • BOX (NYSE:BOX) was downgraded by analysts at Craig Hallum from a "buy" rating to a "hold" rating.The current price is $27.91.
  • Bancolombia (NYSE:CIB) was downgraded by analysts at Itau BBA Securities from an "outperform" rating to a "market perform" rating.The current price is $27.52.
  • Centene (NYSE:CNC) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $73.00 price target on the stock, down previously from $94.00. This represents a 14.7% upside from the current price of $63.63.
  • China Resources Power (OTCMKTS:CRPJY) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.The current price is $33.46.
  • Daikin Industries,Ltd. (OTCMKTS:DKILY) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.The current price is $17.18.
  • Ørsted A/S (OTCMKTS:DNNGY) was downgraded by analysts at BNP Paribas from an "outperform" rating to a "neutral" rating.The current price is $27.32.
  • Heineken (OTCMKTS:HEINY) was downgraded by analysts at Royal Bank of Canada from a "sector perform" rating to an "underperform" rating.The current price is $49.68.
  • Highwoods Properties (NYSE:HIW) was downgraded by analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating. They now have a $22.00 price target on the stock, down previously from $27.00. This represents a 7.8% downside from the current price of $23.87.
  • KONE Oyj (OTCMKTS:KNYJY) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating.The current price is $23.57.
  • Outlook Therapeutics (NASDAQ:OTLK) was downgraded by analysts at BTIG Research from a "buy" rating to a "neutral" rating.The current price is $0.24.
  • Outlook Therapeutics (NASDAQ:OTLK) was downgraded by analysts at Cantor Fitzgerald from an "overweight" rating to a "neutral" rating.The current price is $0.24.
  • Peloton Interactive (NASDAQ:PTON) was downgraded by analysts at Macquarie from an "outperform" rating to a "neutral" rating. They now have a $7.00 price target on the stock. This represents a 13.3% upside from the current price of $6.18.
  • Rockwell Automation (NYSE:ROK) was downgraded by analysts at Barclays PLC from an "equal weight" rating to an "underweight" rating. They now have a $287.00 price target on the stock, down previously from $300.00. This represents a 7.0% downside from the current price of $308.64.
  • Sibanye Stillwater (NYSE:SBSW) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating.The current price is $6.41.
  • Singapore Exchange (OTCMKTS:SPXCY) was downgraded by analysts at Bank of America Co. from a "neutral" rating to an "underperform" rating.The current price is $107.53.
  • Texas Instruments (NASDAQ:TXN) was downgraded by analysts at Sanford C. Bernstein from a "market perform" rating to an "underperform" rating. They now have a $145.00 price target on the stock. This represents a 14.6% downside from the current price of $169.82.
  • JOYY (NASDAQ:YY) was downgraded by analysts at BOCOM International Holdings from a "buy" rating to a "neutral" rating.The current price is $33.95.
  • View today's most recent analysts' downgrades at MarketBeat.com right arrow

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Analysts' New Coverage
  • Align Technology (NASDAQ:ALGN) is now covered by analysts at HSBC Holdings plc. They set a "buy" rating on the stock.The current price is $372.71.
  • AZZ (NYSE:AZZ) is now covered by analysts at B. Riley. They set a "buy" rating and a $64.00 price target on the stock. This represents a 28.1% upside from the current price of $49.98.
  • BCB Bancorp (NASDAQ:BCBP) is now covered by analysts at Janney Montgomery Scott. They set a "buy" rating on the stock.The current price is $11.58.
  • Cognex (NASDAQ:CGNX) is now covered by analysts at Citigroup Inc.. They set a "neutral" rating and a $52.00 price target on the stock. This represents a 8.1% upside from the current price of $48.10.
  • Airbus (OTCMKTS:EADSY) is now covered by analysts at Stifel Nicolaus. They set a "buy" rating on the stock.The current price is $36.07.
  • Fluence Energy (NASDAQ:FLNC) is now covered by analysts at Barclays PLC. They set an "overweight" rating and a $31.00 price target on the stock. This represents a 17.4% upside from the current price of $26.40.
  • Gulfport Energy (NASDAQ:GPOR) is now covered by analysts at Evercore ISI. They set an "outperform" rating and a $135.00 price target on the stock. This represents a 17.8% upside from the current price of $114.60.
  • Life360 (OTC:LIFX) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating on the stock.The current price is $5.66.
  • Mercari (OTCMKTS:MCARY) is now covered by analysts at Macquarie. They set an "outperform" rating on the stock.The current price is $10.80.
  • Macatawa Bank (NASDAQ:MCBC) is now covered by analysts at Janney Montgomery Scott. They set a "buy" rating and a $11.00 price target on the stock. This represents a 20.1% upside from the current price of $9.16.
  • MTU Aero Engines (OTCMKTS:MTUAY) is now covered by analysts at Stifel Nicolaus. They set a "buy" rating on the stock.The current price is $113.04.
  • Palo Alto Networks (NASDAQ:PANW) is now covered by analysts at Westpark Capital. They set a "buy" rating and a $340.00 price target on the stock. This represents a 43.4% upside from the current price of $237.10.
  • Safran (OTCMKTS:SAFRY) is now covered by analysts at Stifel Nicolaus. They set a "hold" rating on the stock.The current price is $40.41.
  • Stem (NYSE:STEM) is now covered by analysts at Barclays PLC. They set an "equal weight" rating and a $6.00 price target on the stock. This represents a 12.6% upside from the current price of $5.33.
  • TotalEnergies (NYSE:TTE) is now covered by analysts at Citigroup Inc.. They set a "neutral" rating on the stock.The current price is $63.24.
  • View today's most recent analysts' new coverage at MarketBeat.com right arrow


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