Deutsche Bank upgraded CrowdStrike to 'Buy' from 'Hold', raising its price target to $300, citing the company's strong position in the expanding AI-driven cybersecurity market.
BTIG initiated coverage of SharkNinja with a 'Buy' rating, projecting $7.5 billion in revenue by 2026, while Morgan Stanley downgraded Coinbase to 'Underweight', slashing its price target to $120 due to uncertainties in earnings recovery and a weaker trading environment.
PhillipCapital upgraded Amazon to 'Buy', emphasizing its advantageous position in AI, and KBW upgraded PennyMac to 'Outperform', noting robust investment opportunities despite lower origination volumes.
Other notable calls included HC Wainwright initiating Teva as 'Buy' with a $52 target, Mizuho initiating coverage of Janus Living and H2O America as 'Outperform', and StoneX initiating GameStop as 'Buy' with a $33 target.
Goldman Sachs upgraded British American Tobacco to 'Buy', citing its defensive qualities, while Barclays maintained an 'Underweight' rating on Apple ahead of earnings, expressing concerns over iPhone uncertainties. Overall, these analyst ratings reflect a mix of optimism and caution across different sectors, which could impact stock performance and investor strategies moving forward