ADVFN Logo
Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

Daily Analyst Recommendations Roundup: Baker Hughes, Ebay, Halliburton, Linde, Oracle…

Bruno T
Analysis & Opinion
April 18 2024 4:02AM

In today’s financial markets, keeping track of analyst recommendations can provide traders with essential insights into stock movements and market sentiment. Our daily roundup includes significant changes in analyst opinions, price target adjustments, and new coverage from North America. Here’s the latest:

Baker Hughes Company (BKR): Morgan Stanley maintains its “Overweight” rating on Baker Hughes, raising the target price from $40 to $43, reflecting an optimistic outlook on the company’s performance.

Linde Plc (LIN): In a notable upgrade, Mizuho Securities shifts its stance on Linde to “Buy” from “Neutral”, setting a new target price of $510. This adjustment highlights expected improvements in the company’s market position.

Oracle Corporation (ORCL): Oppenheimer has discontinued its coverage on Oracle Corporation, signaling a shift in its investment focus.

US Bancorp (USB): Keefe, Bruyette & Woods has downgraded US Bancorp to “Market Perform” from “Outperform”, with a new price target of $45, down from $52, due to potential headwinds facing the bank.

Williams Companies (WMB): Wolfe Research downgrades Williams Companies to “Underperform” from “Peer Perform”, adjusting the target price to $34. This suggests a bearish view on the company’s future performance.

Zscaler, Inc. (ZS): KeyBanc Capital Markets elevates its rating on Zscaler to “Overweight” from “Sector Weight” and sets a target price of $220, indicating confidence in the cybersecurity provider’s growth prospects.

Aes Corporation (AES): Mizuho Securities initiates coverage on AES Corporation with a “Buy” recommendation and a target price of $21, anticipating strong future performance.

Halliburton Company (HAL): Morgan Stanley reaffirms its “Overweight” rating on Halliburton, increasing the target price from $45 to $50, supportive of the company’s robust market positioning.

Broadcom Inc. (AVGO): Fubon Securities begins coverage on Broadcom with a “Buy” rating and a bold target price of $1850, underscoring a very bullish outlook.

GE Vernova Inc. (GEVO): Evercore ISI starts with an “Outperform” recommendation for GE Vernova, assigning a target price of $174, reflecting optimism about its industry prospects.

eBay Inc. (EBAY): Morgan Stanley upgrades eBay from “Underweight” to “Overweight”, significantly raising the target price from $35 to $62, foreseeing substantial growth and profitability.

Vodafone Group Plc (VOD): Baptista Research downgrades Vodafone to “Buy” from “Outperform” with a lowered target price of $10.90 from $13.30, indicating cautious optimism about the telecom giant’s future.

This curated list of analyst recommendations is updated daily to reflect the most recent changes in market analysts’ views. It serves as a crucial tool for traders looking to understand the underlying sentiments shaping stock movements and company valuations.