This Atlassian Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday
Portfolio Pulse from Avi Kapoor
Several top Wall Street analysts have upgraded their ratings for key stocks, including IDACORP, argenx SE, Atlassian Corporation, Xcel Energy, and Cohu, Inc. These upgrades suggest a positive outlook for these companies.
November 01, 2024 | 3:20 pm
News sentiment analysis
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POSITIVE IMPACT
William Blair upgraded argenx SE from Market Perform to Outperform, indicating a positive outlook.
The upgrade to Outperform suggests increased confidence in argenx SE's future performance, likely leading to a positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Craig-Hallum upgraded Cohu, Inc. from Hold to Buy with a $30 price target, indicating a positive outlook.
The upgrade to Buy and the new price target suggest increased confidence in Cohu's future performance, likely leading to a positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Mizuho upgraded IDACORP from Neutral to Outperform, raising the price target to $116, indicating a positive outlook.
The upgrade from Neutral to Outperform and the increased price target suggest a strong positive sentiment from Mizuho, likely boosting investor confidence and potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Keybanc upgraded Atlassian from Sector Weight to Overweight with a $260 price target, indicating a positive outlook.
The upgrade to Overweight and the new price target suggest strong confidence in Atlassian's growth potential, likely leading to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Jefferies upgraded Xcel Energy from Hold to Buy, raising the price target to $76, indicating a positive outlook.
The upgrade to Buy and the increased price target suggest a positive outlook for Xcel Energy, likely boosting investor confidence and potentially driving the stock price up.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80