This JD.com Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have upgraded their ratings for several companies, including GitLab, Gilead Sciences, JD.com, Mohawk Industries, and Warby Parker. These upgrades reflect positive outlooks and revised price targets for these stocks.
October 21, 2024 | 12:27 pm
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POSITIVE IMPACT
Leerink Partners upgraded Gilead Sciences from Market Perform to Outperform, raising the price target to $96.
The upgrade to Outperform and increased price target indicate a strong positive outlook, likely to positively impact the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Needham analyst Mike Cikos upgraded GitLab from Hold to Buy with a $70 price target, indicating a positive outlook.
The upgrade from Hold to Buy and a price target of $70 suggests a strong positive sentiment from the analyst, likely boosting short-term stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Loop Capital upgraded JD.com from Hold to Buy, though the price target was slightly lowered to $48.
The upgrade to Buy suggests a positive outlook, although the slight reduction in price target may temper expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Baird upgraded Mohawk Industries from Neutral to Overweight, raising the price target to $196.
The upgrade to Overweight and increased price target indicate a positive outlook, likely to boost the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Deutsche Bank upgraded Warby Parker from Neutral to Buy, raising the price target to $18.
The upgrade to Buy and increased price target suggest a positive outlook, likely to positively impact the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80