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DA Davidson Upgrades Symbotic Inc. (SYM) to Buy

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

NXP Semiconductors NV (NXPI) PT Raised to $240 at JPMorgan

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

UPS (UPS) gains as UBS raises stock to Buy

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