Top Analyst Ratings
Adobe (ADBE) was downgraded to Sell by Rothschild & Co. with a target price of $280.
Alphabet Inc. (GOOGL) had its target price updated to $160 by Loop Capital, maintaining a Hold rating.
Amazon (AMZN) was reiterated with a Buy rating by Truist Financial, which raised its target price to $250.
Apple Inc. (AAPL) was upgraded to Hold by Jefferies with a target price of $188.
Coinbase (COIN) maintained its Buy rating at Bernstein with a target price of $510.
Datadog (DDOG) had its target updated to $170 by Wedbush, maintaining a Buy rating.
Microsoft Corp. (MSFT) was reiterated as a Buy by DA Davidson with a raised target price of $600.
Netflix (NFLX) had its target price increased to $1,140 by Goldman Sachs, which maintained a Neutral rating.
Tesla Inc. (TSLA) maintained an Outperform rating at Wedbush with a target price of $500.
Zscaler (ZS) was reiterated as Outperform by JMP Securities with a raised target of $355.
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Interesting to see Adobe get downgraded while Microsoft and Amazon continue to see upward momentum. Makes you wonder if Adobe’s fundamentals are diverging more than the market realizes.