Upgrade to SI Premium - Free Trial

Today's most important upgrades

January 12, 2023 3:46 PM

Jefferies upgraded Netflix (NASDAQ: NFLX) to Buy from Hold and raised its price target to $385.00 from $310.00 despite cutting 2023 EPS estimates by 9%. The firm believes that new initiatives, namely AVOD (advertising-based video on demand) and password-sharing changes, will drive top-line outperformance, however, noting that these are not likely to happen in the near term.

Raymond James upgraded Oak Street Health (NYSE: OSH) to Outperform from Market Perform with a price target of $35.00 following reports that CVS is exploring a potential takeout of the company for a $10 billion enterprise value, which equates to approximately $40/share.

RBC Capital upgraded Wix.com (NASDAQ: WIX) to Outperform from Sector Perform and raised its price target to $100.00 from $80.00. Shares gained more than 4% intra-day today.

Exane BNP Paribas upgraded Tractor Supply Company (NASDAQ: TSCO) to Outperform from Neutral.

BofA Securities upgraded Vodafone (NASDAQ: VOD) to Buy from Neutral. Shares were trading more than 5% higher intra-day today.

Deutsche Bank analyst Matthew Niknam upgraded American Tower (NYSE: AMT) to Buy from Hold and raised its price target to $254.00 from $240.00.

By Davit Kirakosyan

Want this type of news in real-time as it happens? Upgrade to StreetInsider.com Premium Here

Categories

Hot List Upgrades

Next Articles