Apple upgraded, Brinker initiated: 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: HSBC upgraded Apple (AAPL) to Buy from Hold with a price target of $366, up from $260, as it believes the company is now at an "operational turning point." The "AI boost comes at the right moment, when we think Apple has one of its most innovative product pipelines in place," the firm tells investors. JPMorgan upgraded 3M (MMM) to Overweight from Neutral with a price target of $180, up from $178, ahead of the Q2 report. The firm says growth is "taking hold" at 3M. B. Riley upgraded AST SpaceMobile (ASTS) to Buy from Neutral with an unchanged price target of $85. Shares have declined 44% in the six months since the firm downgraded the stock, tilting "the risk/reward calculus favorably for the company." Oppenheimer upgraded Ecolab (ECL) to Outperform from Perform with a $320 price target. The company's core business is performing well, driving volume and pricing growth in excess of expenses, the firm tells investors in a research note. Raymond James double upgraded EchoStar (ECHO) to Strong Buy from.
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: HSBC upgraded Apple (AAPL) to Buy from Hold with a price target of $366, up from $260, as it believes the company is now at an "operational turning point." The "AI boost comes at the right moment, when we think Apple has one of its most innovative product pipelines in place," the firm tells investors.
JPMorgan upgraded 3M (MMM) to Overweight from Neutral with a price target of $180, up from $178, ahead of the Q2 report.
The firm says growth is "taking hold" at 3M.
B.
Riley upgraded AST SpaceMobile (ASTS) to Buy from Neutral with an unchanged price target of $85.
Shares have declined 44% in the six months since the firm downgraded the stock, tilting "the risk/reward calculus favorably for the company." Oppenheimer upgraded Ecolab (ECL) to Outperform from Perform with a $320 price target.
The company's core business is performing well, driving volume and pricing growth in excess of expenses, the firm tells investors in a research note.
Raymond James double upgraded EchoStar (ECHO) to Strong Buy from.