ADVFN Logo
Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

Daily Analyst Recommendations: Block, Chubb, Doordash, Coinbase…

Bruno T
Analysis & Opinion
April 04 2024 7:18AM

Every morning, traders and investors can access a curated list of analyst recommendations covering key companies. This list, essential for understanding market movements and sentiments towards specific stocks, includes changes in opinions, price targets, or new coverage and may be updated throughout the trading session.

Here are some notable updates:

Archer-Daniels-Midland Company: Zacks has upgraded the stock to ‘Neutral’ from ‘Underperform’, increasing the price target from $50 to $66, indicating a more favorable outlook on the company.

Ball Corporation: Barclays has downgraded the stock to ‘Equal Weight’ from ‘Overweight’, albeit with an increased price target from $66 to $71, suggesting potential growth albeit at a slower pace.

Block, Inc.: Morgan Stanley has downgraded the stock to ‘Underweight’ from ‘Equal Weight’, with a reduced price target from $62 to $60, reflecting a cautious stance on the company’s prospects.

Capital One Financial Corporation: Wolfe Research has upgraded the stock to ‘Outperform’ from ‘Peer Perform’, setting a price target of $189, highlighting a positive view on the company’s financial performance.

Celanese Corporation: Barclays and JP Morgan have both downgraded the stock, with Barclays setting a price target of $170 and JP Morgan increasing its target from $135 to $160, indicating mixed sentiments.

Chubb Limited: HSBC has downgraded the stock from ‘Buy’ to ‘Hold’, with a reduced price target from $275 to $270, suggesting a tempered outlook.

Crowdstrike Holdings, Inc.: Mirae Asset Securities has upgraded the stock to ‘Buy’ from ‘Not Rated’, with a significant price target jump from $280 to $424.83, signaling strong confidence in the company’s growth potential.

Synchrony Financial: Wolfe Research has upgraded the stock to ‘Outperform’ from ‘Underperform’, raising the price target from $36 to $50, indicating an optimistic view on the company’s future.

Blue Owl Capital Inc.: Evercore ISI has maintained its ‘Outperform’ rating and increased the price target from $18 to $22, suggesting continued growth potential.

Coinbase Global, Inc.: Oppenheimer has maintained its ‘Outperform’ rating and raised the price target from $200 to $276, reflecting a bullish stance on the cryptocurrency exchange platform.

CRH Plc: HSBC has maintained its ‘Buy’ recommendation and increased the price target from $84 to $103, indicating positive momentum for the building materials company.

Doordash, Inc.: Wells Fargo has maintained its ‘Equal Weight’ recommendation and raised the price target from $100 to $125, signaling growth prospects in the food delivery sector.

Newmont Corporation: Citigroup has maintained its ‘Buy’ rating but reduced the price target from $60 to $45, suggesting adjustments to its valuation.

Old Dominion Freight Line, Inc.: Baird and Barclays have both maintained a neutral stance but reduced their price targets to $205 and $210, respectively, indicating a cautious outlook on the freight and logistics company.

Western Digital Corporation: TD Cowen has maintained its ‘Buy’ recommendation and increased the price target from $75 to $95, signaling optimism about the data storage company’s growth trajectory.

These updates offer valuable insights for traders and investors, highlighting changes in market sentiment and potential investment opportunities within various sectors.

Your Recent History