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Upgrades

Robinhood Markets Grows Into ‘Best-In-Class’ Brokerage, Analyst Says

December 6, 2024 author

Analysts have updated coverage and raised price targets on Robinhood Markets, Inc. (NASDAQ:HOOD) after the company hosted its first investor day on Wednesday and showed significant growth across customers, assets under custody and trading volumes. Expert Ideas: Goldman Sachs analyst James Yaro assumed coverage of Robinhood Markets on Thursday and upgraded the stock from Neutral […]

Downgrades

An Analyst Sours On Upstart Stock But Says SoFi Tech Could Become ‘American Express’ Of Fintech

December 6, 2024 author

JP Morgan analyst Reginald L. Smith noted that 2024 was a tale of two halves for fintech stocks. After a lagging start to the year, the aggregate market cap of the analyst’s fintech coverage universe has increased more than $65 billion since mid-September, fueled by cheerful calendar third-quarter 2024 results and management commentary, two rate […]

Downgrades

This Deere Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

December 6, 2024 author

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Jefferies analyst Stephen Volkmann downgraded the rating for Deere & Company (NYSE:DE) from Buy to Hold and maintained the price target of $510. Deere shares […]

Upgrades

This Shopify Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday

December 6, 2024 author

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Loop Capital analyst Anthony Chukumba upgraded the rating for Shopify Inc. (NYSE:SHOP) from Hold to Buy and announced a $140 price target. Shopify shares closed […]

Downgrades

Challenges in Mortgage Segment Hurt nCino, Analyst Downgrades Stock

December 5, 2024 author

Piper Sandler analyst Brent A. Bracelin downgraded nCino, Inc. (NASDAQ:NCNO) to Neutral from Overweight, with a price forecast of $38. The company reported total revenues for the third quarter of $138.8 million, a 14% increase from the previous year. Subscription revenues also grew 14% year-over-year to $119.9 million, with a non-GAAP operating margin of 20%, […]

Upgrades

JPMorgan Bets On Natural Gas For 2025: Upgrades ConocoPhillips, Lowers 3 Energy Stocks

December 5, 2024 author

While shale oil producers have enjoyed an advantage over gas producers over the past 15 years, the situation is likely to reverse in 2025, according to JPMorgan. Analyst Arun Jayaram said in a note that natural gas producers are likely to benefit from three “powerful secular demand trends” in 2025: The build-out of significant LNG […]

Downgrades

This Applied Materials Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday

December 5, 2024 author

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Morgan Stanley analyst Joseph Moore downgraded the rating for Applied Materials, Inc. (NASDAQ:AMAT) from Equal-Weight to Underweight and lowered the price target from $179 to […]

Upgrades

This ConocoPhillips Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday

December 5, 2024 author

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. JP Morgan analyst Arun Jayaram upgraded ConocoPhillips (NYSE:COP) from Neutral to Overweight and raised the price target from $120 to $123. ConocoPhillips shares closed at […]

Downgrades

Neurology-Focused Alector Downgraded On Failed Alzheimer’s Study, BofA Securities Highlights Lack Of Catalysts

December 4, 2024 author

Bank of America Securities has downgraded Alector, Inc. (NASDAQ:ALEC), citing the failure of its AL002 program. Alector recently released results from the INVOKE-2 Phase 2 trial evaluating the safety and efficacy of AL002 in slowing disease progression in individuals with early Alzheimer’s disease (AD). But AL002 failed to meet the primary endpoint of slowing Alzheimer’s clinical progression […]

Downgrades

This DTE Energy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

December 4, 2024 author

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. UBS analyst Tasso Vasconcellos downgraded the rating for YPF Sociedad Anónima (NYSE:YPF) from Buy to Neutral but raised the price target from $30 to $38. […]

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