This Robinhood Analyst Turns Bullish; Here Are Top 5 Upgrades For Today.
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have upgraded their ratings for several companies, including Littelfuse, Robinhood Markets, Darden Restaurants, United Airlines Holdings, and Aspen Technology. These upgrades come with increased price targets, despite recent declines in share prices.
May 17, 2024 | 12:55 pm
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POSITIVE IMPACT
Berenberg analyst Nay Soe Naing upgraded Aspen Technology from Hold to Buy, raising the price target from $185 to $255. Shares fell 3.4% to $213.88.
The upgrade to Buy and the significant increase in the price target suggest a strong positive outlook for Aspen Technology, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
BTIG analyst Peter Saleh upgraded Darden Restaurants from Neutral to Buy with a $175 price target. Shares fell 0.2% to $151.42.
The upgrade to Buy and the new price target suggest a positive outlook for Darden Restaurants, likely leading to a short-term price increase.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
B of A Securities analyst Craig Siegenthaler upgraded Robinhood Markets from Underperform to Buy, increasing the price target from $14 to $24. Shares slipped 3.4% to $17.90.
The upgrade from Underperform to Buy and the significant increase in the price target indicate a strong positive outlook, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Baird analyst Luke Junk upgraded Littelfuse from Neutral to Outperform, raising the price target from $270 to $300. Shares fell 1.6% to $249.45.
The upgrade from Neutral to Outperform and the increased price target suggest a positive outlook for Littelfuse, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Wolfe Research analyst Scott Group upgraded United Airlines Holdings from Peer Perform to Outperform with a $76 price target. Shares fell 0.3% to $54.78.
The upgrade to Outperform and the new price target indicate a positive outlook for United Airlines, likely leading to a short-term price increase.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100