Market Rebellion TV
← Back to News

Various

Analyst Upgrades and Downgrades For the Week of 1/06/2025

Analyst upgrades, downgrades, and more

By Justin Nugent · December 23, 2024
Analyst Upgrades and Downgrades For the Week of 1/06/2025

1/7/2025:

Upgrades

  • Acadia Healthcare (ACHC): Upgraded to Overweight by KeyBanc with a price target of $70.
  • Bank of America (BAC): UBS raised to Buy with a price target increase to $53.
  • Carvana (CVNA): RBC upgraded to Outperform with a target of $280.
  • lululemon athletica (LULU): Bernstein upgraded to Outperform, raising target to $460.
  • Shake Shack (SHAK): Barclays boosted to Overweight, increasing target to $159.
  • Snowflake (SNOW): Wells Fargo raised to Overweight with a new target of $200.
  • Zoom Communications (ZM): Upgraded to Equal Weight by Wells Fargo with a price target of $85.

Downgrades

  • Apple (AAPL): MoffettNathanson downgraded to Sell with a target of $188.
  • Dine Brands (DIN): Barclays and UBS reduced ratings to Equal Weight and Neutral, respectively.
  • Ross Stores (ROST): Downgraded to Market Perform by Bernstein with a lower target of $165.
  • Tesla (TSLA): BofA shifted to Neutral, price target raised to $490.

Coverage Initiated

  • Audioeye (AEYE): Needham started with Buy at a $25 target.
  • Ascendis Pharma (ASND): UBS initiated with Buy, targeting $196.
  • Coca-Cola (KO): Piper Sandler began with Overweight and a $74 target.
  • PepsiCo (PEP): Piper Sandler also initiated at Overweight, with a $171 target.
  • Denali Therapeutics (DNLI): Robert W. Baird started with Outperform at $31.

1/6/2025:

Upgrades:

  • American Airlines (AAL): Melius, Jefferies, TD Cowen; Hold>>Buy; PT up to $25.
  • Advanced Energy (AEIS): Citigroup; Neutral>>Buy; PT $110>>$138.
  • Align Tech (ALGN): Leerink Partners; Market Perform>>Outperform; PT $235>>$280.
  • Amcor (AMCR): Truist, Citigroup; Hold/Neutral>>Buy; PT up to $12.
  • Amplitude (AMPL): Piper Sandler; Neutral>>Overweight; PT $11>>$15.
  • Boeing (BA): Barclays; Equal Weight>>Overweight; PT $190>>$210.
  • Chewy (CHWY): Mizuho; Neutral>>Outperform; PT $24>>$42.
  • Tesla (TSLA): New Street; Neutral>>Buy; PT $460.
  • Capital One (COF): Barclays; Equal Weight>>Overweight; PT $158>>$219.
  • Discover Financial Services (DFS): Barclays; Equal Weight>>Overweight; PT $137>>$186.

Downgrades:

  • Salesforce (CRM): Guggenheim; Neutral>>Sell; PT $247.
  • Palo Alto Networks (PANW): Guggenheim; Neutral>>Sell; PT $130.
  • T-Mobile US (TMUS): RBC Capital Mkts, Wells Fargo; Outperform/Overweight>>Sector Perform/Equal Weight; PT down to $220.
  • General Dynamics (GD): Vertical Research; Buy>>Hold; PT $352>>$290.
  • RenaissanceRe (RNR): Barclays; Equal Weight>>Underweight; PT $284>>$234.
  • Graphic Packaging (GPK): Citigroup; Buy>>Neutral; PT $33>>$30.
  • Affiliated Managers (AMG): Goldman; Buy>>Neutral; PT $193>>$191.

Coverage Initiated:

  • ServiceTitan (TTAN): Multiple firms; Ratings range from Neutral>>Buy; PT up to $125.
  • Appian (APPN): Scotiabank; Sector Perform; PT $37.
  • Toast (TOST): BMO Capital Markets; Outperform; PT $45.
  • Hilton Grand Vacations (HGV): Morgan Stanley; Overweight; PT $47.
  • Vertiv (VRT): Morgan Stanley; Overweight; PT $150.