Seaport analyst Jeff Cantwell downgraded Mastercard Incorporated (NYSE:MA) to Neutral from Buy rating, with a price target of $521. The analyst writes that he continues to like Mastercard’s story but views the shares as fairly valued at this point. Revenue upside in 2025 appears more limited due to its higher international exposure compared to Visa, […]
BofA Securities analyst Michael Feniger upgraded PACCAR Inc. (NASDAQ:PCAR) to Buy from Neutral, raising the price forecast to $121.50 from $116. The analyst notes that PACCAR stock underperformed in 2024 due to pricing and production concerns, but projects green shoots in the truck market in 2025, leading to growth in 2026. Per Feniger, PACCAR is […]
Seaport analyst Jeff Cantwell upgraded Visa Inc. (NYSE:V) to Buy from Neutral with a price target of $359. The analyst raised forecasts for the company, which are above consensus for both 2025 and 2026. Also, for this year, the analyst prefers Visa on a relative basis over Mastercard, primarily due to Visa’s more significant U.S. […]
KB Home (NYSE:KBH) reported strong fourth-quarter results, sending its stock surging in early trading on Tuesday. The company reported earnings of $2.52 per share, beating consensus of $2.44 per share. Here are some key analyst takeaways. Keefe, Bruyette & Woods analyst Jade Rahmani maintained a Market Perform rating and price target of $85. RBC Capital […]
The chemical industry could be in for a turbulent 2025 spurred by increased demand, cost inflation and President-elect Donald Trump‘s PFAS policies. The Chemicals Analyst: Bank of America analyst Steve Byrne released a note covering the chemicals industry on Tuesday, upgrading and downgrading several companies: Archer-Daniels-Midland Co (NYSE:ADM) from Neutral to Underperform, lowering its price […]
Shares of ServiceTitan Inc (NASDAQ:TTAN) have been on a downturn since the company’s initial public offering last month. The cloud-based software company pre-released its third-quarter results. Here are some key analyst takeaways. Goldman Sachs analyst Kash Rangan reiterated a Neutral rating, while raising the price target from $100 to $108. Needham analyst Scott Berg reaffirmed […]
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Baird analyst Peter Arment downgraded the rating for General Dynamics Corporation (NYSE:GD) from Outperform to Neutral and lowered the price target from $345 to […]
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Baird analyst Mircea Dobre upgraded the rating for United Rentals, Inc. (NYSE:URI) from Underperform to Neutral and maintained the price target of $658. United […]
Instacart parent company Maplebear Inc (NASDAQ:CART) received an upgrade to Buy while also getting added to Needham’s conviction list on Monday as analysts expressed concern over increasing competition. What Happened: Needham analyst Bernie McTernan upgraded Maplebear from a Hold rating to a Buy rating. He also set a price target of $56, suggesting a nearly 30% […]
BofA Securities analyst Ross Fowler upgraded the shares of American Electric Power Company Inc (NASDAQ:AEP) from Underperform to Buy and raised the price target from $98 to $104. The analyst upgraded the stock after the company announced the sale of a 19.9% minority stake in its transmission holding assets for $2.8 billion, along with the […]