US Ratings-Key Insights
The latest American analyst ratings provide valuable insights into the outlook for various companies across a range of industries. Enclosed is a summary of some of the noteworthy upgrades, downgrades, and target price adjustments from recent updates.
Adobe Systems Incorporated (ADBE):
- Upgrades: Two notable upgrades on ADBE include a Buy rating and a Target Price of 640, along with an Outperform rating and a Target Price of 660. These upgrades reflect optimism in the software giant’s future performance.
Agnico Eagle Mines Limited (AEM):
- Target Down: A Buy rating with a Target Price of 61 suggests a slightly adjusted outlook for AEM.
- Maintains: A second recommendation maintains an Outperform rating with a Target Price of 71, indicating a more positive sentiment regarding this mining company.
Alamos Gold Inc (AGI):
- Maintains: AGI continues to receive a Buy rating with a Target Price of 15, reflecting confidence in its future prospects.
Akamai Technologies Inc (AKAM):
- Upgrades: AKAM sees an upgrade, moving from Neutral to Buy. The new target price for the stock is not specified but is likely to indicate increased confidence in the tech company.
Align Technology Inc (ALGN):
- Maintains: ALGN maintains its Overweight rating with a Target Price of 378, showcasing sustained positivity within the healthcare industry.
Autoliv Inc (ALV):
- Maintains: ALV retains a Buy rating, with a Target Price of 142, indicating favorable prospects for this automotive safety systems provider.
Amplitude Inc (AMPL):
- Target Down: The Target Price for AMPL is adjusted, although the new price is not specified, suggesting some caution regarding the company’s performance.
Arcutis Biotherapeutics Inc (ARQT):
- Downgrade: ARQT sees a downgrade from Buy to Neutral, which signifies a more conservative view.
Atlantica Sustainable Infrastructure PLC (AY):
- Downgrade: AY moves from an Outperform rating to Market Perform, reflecting a more neutral outlook.
Azul SA (AZUL):
- Maintains: AZUL continues to receive an Outperform rating, with the target price unaltered, indicating confidence in the airline company.
The Boeing Company (BA):
- Maintains: BA retains its Buy rating with a Target Price of 223, reflecting a positive outlook for the aerospace and defense company.
Bath & Body Works Inc (BBWI):
- Downgrades: BBWI shifts from a Hold to a Hold rating, suggesting potential challenges ahead.
Barclays PLC ADR (BCS):
- Downgrades: BCS goes from Underperform to a Sell rating, signaling a more negative sentiment in the financial sector.
Biogen Inc (BIIB):
- Maintains: BIIB maintains its Neutral rating, with a Target Price of 266, suggesting stability in the pharmaceutical industry.
BOK Financial Corporation (BOKF):
- Downgrades: BOKF shifts from Equal-Weight to Equal-Weight, signaling a more cautious stance within the banking sector.
Bellring Brands LLC (BRBR):
- Maintains: BRBR retains its Overweight rating with a Target Price of 48, reflecting ongoing optimism.
Cadence Bancorp (CADE):
- Maintains: CADE keeps its Equal-Weight rating with a Target Price of 24, suggesting stability in the banking sector.
Chubb Ltd (CB):
- Maintains: CB maintains its Equal-Weight rating, with a Target Price of 226, indicating stability in the insurance industry.
Crown Holdings Inc (CCK):
- Maintains: CCK keeps its Overweight rating with a Target Price of 100, reflecting continued positivity within the packaging industry.
Century Communities Inc (CCS):
- Maintains: CCS retains an Outperform rating with an unchanged Target Price of 81, indicating a favorable view of the homebuilding sector.
CME Group Inc (CME):
- Maintains: CME maintains both Overweight and Sell ratings, with varying Target Prices. These mixed ratings suggest a complex market outlook for the global markets company.
Centene Corp (CNC):
- Maintains: CNC keeps its Equal-Weight rating with a Target Price of 74, suggesting stability in the healthcare sector.
CONMED Corporation (CNMD):
- Maintains: CNMD maintains its Buy rating, with a Target Price of 119, indicating a positive view of the medical equipment and supplies industry.
Centessa Pharmaceuticals PLC ADR (CNTA):
- Upgrades: CNTA sees an upgrade from Equal-Weight, although the Target Price is not specified. This signals increased confidence in the pharmaceutical company.
Canadian Pacific Railway Ltd (CP):
- Upgraded by: CP is upgraded from Market Perform to Outperform, reflecting positive developments in the railroads industry.
- Target Down: CP receives a Buy rating with a slightly adjusted Target Price of 118, indicating continued optimism.
CVB Financial Corporation (CVBF):
- Maintains: CVBF maintains its Neutral rating, with a Target Price of 17, suggesting stability in the banking sector.
Danaher Corporation (DHR):
- Maintains: DHR continues to receive Overweight and Buy ratings with Target Prices of 215, reflecting confidence in the healthcare and technology company.
Dow Inc (DOW):
- Maintains: DOW maintains its Equal-Weight rating, with a Target Price of 52, indicating stability in the chemicals sector.
Electronic Arts Inc (EA):
- Maintains: EA retains its Equal-Weight rating, suggesting a balanced outlook for the video game industry.
Elicio Therapeutics Inc (ELTX):
- Assumes: ELTX is assumed to be a Buy, reflecting a favorable view of this clinical-stage biopharmaceutical company.
Electrovaya Inc. Common Shares (ELVA):
- Initiates Coverage On: ELVA is initiated with a Buy rating, with a Target Price of 7, indicating confidence in this energy storage solutions provider.
Equinix Inc (EQIX):
- Target Down: EQIX sees a Target Price adjustment but no specific figure is provided.
- Maintains: EQIX retains its Equal-Weight rating, reflecting continued interest in the real estate investment trust industry.
Eurofins Scientific SE (ERFSF):
- Upgrade: ERFSF is upgraded from Sell to Hold, suggesting improved prospects in the scientific services sector.
Ethan Allen Interiors Inc (ETD):
- Maintains: ETD maintains its Market Perform rating, reflecting a balanced view of this home furnishings company.
EverQuote Inc Class A (EVER):
- Resumed: EVER is resumed with a Market Perform rating, reflecting a cautious stance.
Edwards Lifesciences Corp (EW):
- Maintains: EW retains its Equal-Weight rating, with a Target Price of 75, indicating stability in the medical devices sector.
Fortune Brands Innovations Inc. (FBIN):
- Maintains: FBIN maintains both Overweight and Buy ratings, signaling optimism within the diversified operations company.
4D Molecular Therapeutics Inc (FDMT):
- Initiated: FDMT is initiated with an Outperform rating, reflecting optimism in this clinical-stage gene therapy company.
F5 Networks Inc (FFIV):
- Downgrade: FFIV experiences a downgrade from Neutral to Underperform, suggesting challenges in the application software sector.
First Quantum Minerals Ltd (FQVLF):
- Downgrade: FQVLF shifts from Outperform to Sector Perform, reflecting a more neutral outlook.
Fortive Corp (FTV):
- Maintains: FTV maintains both Overweight and Buy ratings with varying Target Prices. This suggests a mixed outlook for the diversified industrial company.
General Dynamics Corporation (GD):
- Maintains: GD retains its Overweight rating, with a Target Price of 264, reflecting continued optimism in the aerospace and defense industry.
HCA Holdings Inc (HCA):
- Maintains: HCA maintains its Equal-Weight rating, with a Target Price of 254, indicating stability in the healthcare services sector.
Hilton Worldwide Holdings Inc (HLT):
- Maintains: HLT maintains its Overweight rating, with two different Target Prices, reflecting optimism in the hotel industry.
Hologic Inc (HOLX):
- Maintains: HOLX retains its Buy rating, with a Target Price of 83, indicating confidence in the medical devices and diagnostic products sector.
HubSpot Inc (HUBS):
- Target Down: HUBS sees a Target Price adjustment, though the new price is not specified. This suggests a cautious outlook within the marketing software industry.
Integra LifeSciences Holdings (IART):
- Maintains: IART maintains its Underweight rating, reflecting a more conservative view of the medical instruments and supplies sector.
Installed Building Products Inc (IBP):
- Upgrade: IBP is upgraded from Hold to Buy, suggesting increased confidence in the residential construction industry.
KLA-Tencor Corporation (KLAC):
- Maintains: KLAC retains its Equal-Weight rating, reflecting a balanced outlook for the semiconductor equipment industry.
Kimberly-Clark Corporation (KMB):
- Maintains: KMB maintains its Equal-Weight rating, with a Target Price of 123, indicating stability in the consumer goods sector.
Lithia Motors Inc (LAD):
- Maintains: LAD keeps both Equal-Weight and Neutral ratings, suggesting a cautious stance within the auto and truck dealerships industry.
LendingClub Corp (LC):
- Maintains: LC maintains its Outperform rating, reflecting continued optimism in the financial services industry.
Lakeland Financial Corporation (LKFN):
- Maintains: LKFN retains its Outperform rating, indicating confidence in the regional banking industry.
Life Time Group Holdings Inc (LTH):
- Maintains: LTH maintains its Neutral rating, with a Target Price of 16, suggesting a balanced view of the recreational services sector.
Live Nation Entertainment Inc (LYV):
- Upgrades: LYV sees an upgrade from Sell to Hold, suggesting improved prospects in the live entertainment industry.
MAG Silver Corp (MAG):
- Maintains: MAG maintains its Sector Perform rating, with a Target Price of 15.5, indicating a balanced outlook for the precious metals industry.
Mattel Inc (MAT):
- Maintains: MAT maintains both Overweight and Buy ratings, reflecting optimism within the toy and game industry.
Moodys Corporation (MCO):
- Maintains: MCO retains its Equal-Weight rating, with varying Target Prices. This reflects a mixed sentiment within the credit rating industry.
Methanex Corporation (MEOH):
- Maintains: MEOH maintains its Sector Perform rating, with a Target Price of 47, indicating a balanced view of the chemicals sector.
Meta Platforms Inc (META):
- Maintains: META maintains both Overweight and Buy ratings, with varying Target Prices, reflecting ongoing optimism within the social media industry.
MarketAxess Holdings Inc (MKTX):
- Maintains: MKTX maintains both Sell and Overweight ratings, indicating a mixed outlook for the financial markets industry.
Microsoft Corporation (MSFT):
- Upgrades: MSFT receives an upgrade to Buy, reflecting improved prospects in the technology sector.
- Maintains: MSFT also maintains its Buy rating with a Target Price of 375, indicating continued optimism.
Murphy USA Inc (MUSA):
- Maintains: MUSA maintains its Sell rating with a Target Price of 280, reflecting a cautious stance within the retailing industry.
MaxLinear Inc (MXL):
- Downgrades: MXL shifts from Neutral to Neutral, suggesting a more cautious stance within the semiconductor industry.
- Maintains: MXL also maintains Buy and Overweight ratings, indicating continued optimism.
Navient Corp (NAVI):
- Maintains: NAVI retains its Equal-Weight rating, with a Target Price of 16, suggesting stability within the consumer financial services sector.
National Bank Holdings Corporation (NBHC):
- Maintains: NBHC maintains its Equal-Weight rating, reflecting a balanced view of the regional banking industry.
Newmont Goldcorp Corp (NEM):
- Maintains: NEM maintains its Buy rating, with a Target Price of 55, indicating continued confidence in the gold mining industry.
ServiceNow Inc (NOW):
- Maintains: NOW retains its Overweight rating, with two different Target Prices, reflecting optimism within the application software industry.
Norfolk Southern Corporation (NSC):
- Maintains: NSC maintains both Equal-Weight and Overweight ratings, indicating a balanced view within the railroads industry.
NAPCO Security Technologies Inc (NSSC):
- Maintains: NSSC retains its Neutral rating, with a Target Price of 20, suggesting stability within the security and protection services industry.
Bank of N.T. Butterfield & Son Ltd (NTB):
- Maintains: NTB maintains its Overweight rating, with a Target Price of 30, indicating continued optimism within the banking industry.
NETGEAR Inc (NTGR):
- Maintains: NTGR retains its Outperform rating, reflecting continued positivity within the communication equipment industry.
Nextracker Inc. Class A Common Stock (NXT):
- Target Up: NXT sees an upgraded Target Price, although the new figure is not specified, indicating increased confidence within the renewable energy industry.
- Upgrade: NXT also experiences an upgrade from Market Perform to Outperform, reflecting improved prospects.
Owens Corning Inc (OC):
- Maintains: OC maintains its Overweight rating, with a Target Price of 153, indicating continued optimism in the building materials industry.
Old Dominion Freight Line Inc (ODFL):
- Maintains: ODFL retains both Equal-Weight and Overweight ratings, reflecting a mixed sentiment within the trucking industry.
Okta Inc (OKTA):
- Upgrades: OKTA receives an upgrade to Buy, indicating improved prospects in the identity and access management industry.
- Target Down: OKTA also sees a Target Price adjustment, although the new price is not specified, suggesting cautious optimism.
Paycom Soft (PAYC):
- Initiates: PAYC is initiated with a Buy rating, indicating confidence in the software and technology sector.
Prosperity Bancshares Inc (PB):
- Maintains: PB retains both Strong Buy and Equal-Weight ratings, with a Neutral rating in between, suggesting a mixed sentiment within the regional banking industry.
Procore Technologies Inc:
- Initiates Coverage On: Procore Technologies Inc is initiated with an Outperform rating, reflecting optimism in the construction and engineering software sector.
Paylocity Holdng:
- Initiated: Paylocity Holdng is initiated with a Neutral rating, indicating a balanced view within the software and technology sector.
PulteGroup Inc:
- Maintains: PulteGroup Inc maintains its Outperform rating, with a Target Price of 100, reflecting optimism within the residential construction industry.
Impinj Inc:
- Maintains: Impinj Inc maintains its Buy rating, with a Target Price of 95, indicating continued confidence in the technology and semiconductor sector.
PROG Holdings Inc:
- Maintains: PROG Holdings Inc maintains both Overweight and Equal-Weight ratings, indicating a mixed sentiment within the diversified financial services industry.
Papa John’s International Inc:
- Downgrade: Papa John’s International Inc experiences a downgrade from Outperform to Neutral, reflecting a more cautious view within the restaurant industry.
Reckitt Benckiser Group PLC ADR (RBGLY):
- Downgrade: RBGLY shifts from Buy to Hold, suggesting a more conservative view of the household and personal products sector.
Rocket Lab USA Inc (RKLB):
- Initiated: Rocket Lab USA Inc is initiated with an Overweight rating, indicating confidence in the aerospace and defense industry.
Roper Technologies Inc. Common Stock (ROP):
- Maintains: ROP retains its Overweight rating, with a Target Price of 560, indicating continued optimism within the scientific and technical instruments industry.
SEI Investments Company (SEIC):
- Maintains: SEI Investments Company maintains its Underweight rating, suggesting a cautious stance within the asset management industry.
Shenandoah Telecommunications Co (SHEN):
- Maintains: SHEN retains its Neutral rating, with a Target Price of 24, indicating a balanced view of the wireless communications industry.
Silgan Holdings Inc (SLGN):
- Maintains: SLGN maintains both Overweight and Outperform ratings, reflecting optimism within the packaging and containers industry.
SLM Corp (SLM):
- Maintains: SLM Corp maintains its Outperform rating, with a Target Price of 16, indicating continued positivity within the credit services industry.
Snap Inc (SNAP):
- Upgrade: SNAP experiences an upgrade from Sell to Hold, reflecting improved prospects in the multimedia and graphics software industry.
Sociedad Quimica y Minera de Chile SA ADR B (SQM):
- Upgrades: SQM receives an upgrade from Sector Perform to Sector Outperform, reflecting positive developments within the diversified chemicals industry.
Stock Yards Bancorp Inc (SYBT):
- Maintains: SYBT maintains its Equal-Weight rating, suggesting stability within the regional banking industry.
TriCo Bancshares (TCBK):
- Maintains: TCBK retains its Outperform rating, with a Target Price of 36, indicating continued optimism within the regional banking industry.
Teck Resources Ltd Class B (TECK):
- Maintains: TECK maintains its Buy rating, with a Target Price of 63, indicating continued confidence in the diversified metals and mining industry.
Embracer Group AB (THQQF):
- Initiated: Embracer Group AB is initiated with an Outperform rating, indicating confidence in the multimedia and graphics software industry.
Thermo Fisher Scientific Inc:
- Downgraded by: Thermo Fisher Scientific Inc is downgraded from Overweight to Sector Weight, reflecting a more cautious view within the medical equipment and supplies sector.
- Maintains: Thermo Fisher Scientific Inc maintains its Overweight rating, with a Target Price of 515, indicating continued optimism.
T-Mobile US Inc:
- Maintains: T-Mobile US Inc retains its Strong Buy rating, with a Target Price of 180, reflecting continued optimism within the wireless telecommunications industry.
Travel + Leisure Co (TNL):
- Maintains: TNL maintains its Equal-Weight rating, suggesting stability within the leisure and recreation industry.
UCB SA ADR (UCBJY):
- Downgrade: UCB SA ADR is downgraded from Buy to Hold, reflecting a more conservative view of the diversified pharmaceuticals industry.
UMB Financial Corporation (UMBF):
- Upgrade: UMB Financial Corporation receives an upgrade from Neutral to Buy, suggesting improved prospects in the regional banking industry.
- Upgrades: UMB Financial Corporation also sees an upgrade to Strong Buy, indicating increased confidence in the financial services sector.
Veritex Holdings Inc (VBTX):
- Maintains: Veritex Holdings Inc maintains its Equal-Weight rating, indicating a balanced view of the regional banking industry.
Valmont Industries Inc:
- Downgraded by: Valmont Industries Inc is downgraded from Buy to Neutral, reflecting a more cautious view of the industrial machinery industry.
Westinghouse Air Brake Technologies Corp (WAB):
- Maintains: Westinghouse Air Brake Technologies Corp maintains its Overweight rating, with a Target Price of 138, indicating continued optimism within the railroads industry.
Waste Connections Inc (WCN):
- Maintains: Waste Connections Inc retains its Sector Perform rating, with a Target Price of 145, indicating stability in the waste management industry.
West Fraser Timber Co Ltd (WFG):
- Maintains: West Fraser Timber Co Ltd maintains its Buy rating, with a Target Price of 105, reflecting continued confidence in the lumber and wood production industry.
Weatherford International PLC (WFRD):
- Maintains: Weatherford International PLC maintains its Strong Buy rating, with a Target Price of 127, indicating optimism within the oil and gas equipment and services industry.
Wabash National Corporation (WNC):
- Maintains: Wabash National Corporation maintains its Equal-Weight rating, suggesting a balanced view of the trucks and other vehicles industry.
These latest American analyst ratings provide valuable insights into the ever-evolving world of the stock market. Investors should consider these recommendations and target price adjustments as part of their due diligence process, while also conducting further research and analysis to make well-informed investment decisions. It’s important to note that stock prices are subject to change, and these ratings may evolve over time.
