Latest Top Analyst Ratings: Aug 28/23
Here’s an Overview of the Top Analyst Ratings and Price Target changes for for August 28, 2023:
Elastic NV (ESTC)
- Market Cap: $5.85 billion
- Sector: Software-Application
Bank of America Merrill Lynch currently rates Elastic NV with a “Buy” recommendation, maintaining their confidence in the stock’s performance. They have revised the price target from USD 80 to USD 78. The current price of the stock is USD 74.62, which has seen a significant increase of 24.30%. Other analysts, such as StockTargetAdvisor, also suggest a “Strong Buy” stance on the stock, although they express a slightly bearish outlook.
Citigroup, another major financial institution, rates Elastic NV as a “Buy” as well. They have a more optimistic price target range of USD 90 to USD 87. The stock’s performance has notably risen by 24.30%.
Meta Platforms Inc. (META)
- Market Cap: $763.18 billion
- Sector: Internet Content & Information
CICC Research has initiated coverage on Meta Platforms Inc. with an “Outperform” rating. The current stock price has increased by 8.00%. The sentiment on this stock from StockTargetAdvisor leans towards a “Strong Buy” position with a slightly bullish outlook.
NVIDIA Corporation (NVDA)
- Market Cap: $1,164.93 billion
- Sector: Semiconductors
Phillip Securities Pte has upgraded their recommendation on NVIDIA Corporation from “Accumulate” to “Buy.” The stock price has shown a rise of 4.47%. According to StockTargetAdvisor, a “Strong Buy” position is maintained, but with a slightly bearish sentiment.
Nike Inc (NKE)
- Market Cap: $149.37 billion
- Sector: Footwear & Accessories
Stifel Nicolaus has reiterated their “Buy” rating on Nike Inc. They adjusted their price target from USD 143 to USD 135. The stock’s value has surged by 34.78%. StockTargetAdvisor supports a “Strong Buy” stance with a slightly bullish outlook.
Pioneer Natural Resources (PXD)
- Market Cap: $55.01 billion
- Sector: Oil & Gas Exploration & Production
Jefferies & Company has maintained their “Hold” rating on Pioneer Natural Resources. Their price target range remains at USD 245 to USD 265. The stock has risen by 9.40%. StockTargetAdvisor suggests a “Buy” stance but with a slightly bearish sentiment.
Upwork Inc (UPWK)
- Market Cap: $1.99 billion
- Sector: Staffing & Employment Services
BTIG has downgraded Upwork Inc from “Neutral” to “Slightly Bearish,” contributing to the stock’s decline of 9.15%. StockTargetAdvisor, however, maintains a “Strong Buy” recommendation with a slightly bearish sentiment.
United Airlines Holdings Inc (UAL)
- Market Cap: $16.05 billion
- Sector: Airlines
Evercore ISI continues to rate United Airlines Holdings Inc as “In-Line.” They adjusted their price target range from USD 65 to USD 58. The stock’s value has surged by 38.43%. StockTargetAdvisor supports a “Strong Buy” stance with a bullish outlook.
The Boeing Company (BA)
- Market Cap: $134.76 billion
- Sector: Aerospace & Defense
TD Cowen maintains an “Outperform” rating on The Boeing Company, with a price target range of USD 255 to USD 260. The stock has experienced a significant increase of 32.19%. While stockTargetAdvisor continues to suggest a “Buy,” their sentiment is slightly bearish.
Salesforce.com Inc (CRM)
- Market Cap: $204.02 billion
- Sector: Software-Application
Citigroup maintains a “Neutral” rating on Salesforce.com Inc, with a price target range of USD 230 to USD 220. The stock has increased by 9.35%. stockTargetAdvisor maintains a “Strong Buy” position with a slightly bullish outlook.
CrowdStrike Holdings Inc (CRWD)
- Market Cap: $35.47 billion
- Sector: Software-Infrastructure
Morgan Stanley & Co. has downgraded CrowdStrike Holdings Inc from “Equal-Weight” to “Slightly Bearish.” The stock price has increased by 11.57%. StockTargetAdvisor, however, continues to support a “Strong Buy” stance with a slightly bearish sentiment.
Wells Fargo & Company maintains an “Overweight” rating on CrowdStrike Holdings Inc, with a price target range of USD 175 to USD 200. The stock’s value has risen by 11.57%. StockTargetAdvisor maintains a “Strong Buy” position but with a slightly bearish outlook.
