This Robinhood Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have upgraded their ratings for several companies, including Repligen Corporation, Robinhood Markets, United States Steel Corporation, Universal Health Services, and PagSeguro Digital. These upgrades come with revised price targets and have had varying impacts on the stock prices.
June 26, 2024 | 12:44 pm
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POSITIVE IMPACT
Wolfe Research upgraded Robinhood Markets from Peer Perform to Outperform with a price target of $29. The stock gained 3.6% to $22.14.
The upgrade to Outperform and a significant price target increase are strong positive signals, reflected in the 3.6% stock price gain.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Goldman Sachs upgraded PagSeguro Digital from Neutral to Buy, maintaining the price target of $15. The stock gained 0.5% to $11.17.
The upgrade to Buy is a positive signal, and the stock's slight gain indicates a favorable market reaction.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Deutsche Bank upgraded Repligen Corporation from Hold to Buy but lowered the price target from $180 to $155. The stock fell 0.4% to $123.15.
The upgrade to Buy is a positive signal, but the lowered price target may temper investor enthusiasm. The slight drop in stock price suggests mixed reactions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Baird upgraded Universal Health Services from Neutral to Outperform and raised the price target from $198 to $236. The stock fell 1.7% to $187.70.
The upgrade and increased price target are positive, but the stock's decline suggests other factors may be influencing investor sentiment.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BMO Capital upgraded United States Steel Corporation from Market Perform to Outperform and increased the price target from $43 to $45. The stock fell 2.9% to $35.21.
Despite the upgrade and increased price target, the stock fell, possibly due to broader market conditions or sector-specific issues.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85