Apple, IBM downgraded: Wall Street's top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled. Top 5 Upgrades: UBS upgraded FuelCell (FCEL) to Buy from Neutral with a price target of $27, up from $22, implying 42% upside from current levels. The firm sees "multiple positive drivers" for FuelCell, including the company's recent deal with Fit Energy and collaboration with Siemens for product development. Piper Sandler upgraded Halliburton (HAL) to Overweight from Neutral with a price target of $43, up from $40. The firm likes the entry point with the stock down over 20% from the mid-May highs. Wells Fargo upgraded Red Rock Resorts (RRR) to Overweight from Equal Weight with a price target of $75, up from $55. The shares are positioned to "break out" on easy compares and accelerating growth, the analyst tells investors in a research note. TD Cowen upgraded Newmont (NEM) to Buy from Hold with a price target of $127, down from $129. The stock's recent pullback creates a "compelling entry point," the analyst says. Stephens upgraded Wesco (WCC) to Overweight from Equal Weight with a price target of $400, up from.
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The most talked about and market moving research calls around Wall Street are now in one place.
Here are today's research calls that investors need to know, as compiled.
Top 5 Upgrades: UBS upgraded FuelCell (FCEL) to Buy from Neutral with a price target of $27, up from $22, implying 42% upside from current levels.
The firm sees "multiple positive drivers" for FuelCell, including the company's recent deal with Fit Energy and collaboration with Siemens for product development.
Piper Sandler upgraded Halliburton (HAL) to Overweight from Neutral with a price target of $43, up from $40.
The firm likes the entry point with the stock down over 20% from the mid-May highs.
Wells Fargo upgraded Red Rock Resorts (RRR) to Overweight from Equal Weight with a price target of $75, up from $55.
The shares are positioned to "break out" on easy compares and accelerating growth, the analyst tells investors in a research note.
TD Cowen upgraded Newmont (NEM) to Buy from Hold with a price target of $127, down from $129.
The stock's recent pullback creates a "compelling entry point," the analyst says.
Stephens upgraded Wesco (WCC) to Overweight from Equal Weight with a price target of $400, up from.