Midday movers: Palantir and Spotify surge, and more
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February 7, 2024 6:13 AM EST
DA Davidson analyst Matt Summerville upgraded Symbotic Inc. (NASDAQ: SYM) from Neutral to Buy with a price target of $50.00.
The analyst comments "We are upgrading SYM shares to BUY ($50 PT, unch.) following a 24% pullback in the stock on... More
February 6, 2024 4:25 PM EST
JPMorgan analyst Harlan Sur raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $240.00 (from $220.00) while maintaining a Neutral rating.
The analyst comments "NXP is navigating a soft landing despite the cyclical headwinds through a combination of sustained demand in its focus end markets, sustained pricing power/content gains, and disciplined supply chain/customer/channel management. This is a good example of where the team took control of the supply/demand imbalance early on in the downcycle by undershipping true end demand... More
February 6, 2024 2:01 PM EST
Shares of UPS (NYSE: UPS) have climbed more than 4% Tuesday after UBS upgraded the stock to Buy from Neutral, raising the price target to $175 from $160 per share.
UBS analyst Thomas Wadewitz told investors that UPS is a "cost narrative" and expectations for the... More
