This Yelp Analyst Begins Coverage On A Bearish Note; Here Are Top 5 Initiations For Monday
Portfolio Pulse from Avi Kapoor
Several Wall Street analysts initiated coverage on key stocks. ARM Holdings received a Hold rating, Immunic a Buy with a $17 target, Biohaven a Buy with a $57 target, Yelp an Underperform with a $30 target, and Coya Therapeutics a Buy with an $18 target.
September 16, 2024 | 1:27 pm
News sentiment analysis
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POSITIVE IMPACT
Biohaven received a Buy rating from Jefferies with a $57 price target. The stock gained 6.5% to close at $38.08.
The Buy rating and high price target indicate strong positive sentiment, likely to drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
POSITIVE IMPACT
Coya Therapeutics received a Buy rating from HC Wainwright & Co. with an $18 price target. The stock rose 7.4% to close at $6.40.
The Buy rating and high price target suggest strong positive sentiment, likely to drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
POSITIVE IMPACT
Immunic received a Buy rating from EF Hutton with a $17 price target. The stock gained 2% to close at $1.52.
The Buy rating and significant price target suggest a positive outlook, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
NEUTRAL IMPACT
ARM Holdings received a Hold rating from Benchmark analyst Cody Acree. The stock gained 5.9% to close at $147.37.
The Hold rating suggests a neutral outlook, which may not significantly impact the stock price in the short term. The recent price gain indicates positive sentiment, but the Hold rating tempers expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Yelp received an Underperform rating from B of A Securities with a $30 price target. The stock gained 2.2% to close at $34.44.
The Underperform rating and lower price target suggest a negative outlook, which could lead to a decline in the stock price as investors adjust expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 90