Related Symbol
avatar
@kewur 2 weeks ago

Today's analyst calls: SBUX upgraded, DOCS and WIX downgraded

Today's analyst calls: SBUX upgraded, DOCS and WIX downgraded

Here are the main analyst calls from today. Upgrades: * Starbucks (SBUX) upgraded to Buy by TD Cowen with a $120 price target. They see positive sales drivers. * Cheesecake Factory (CAKE) upgraded to Neutral by JPMorgan due to steady execution. * Morgan Stanley upgraded Assurant (AIZ) to Overweight. Toyota (TM) and Staar Surgical (STAA) also got upgrades. Downgrades: * Doximity (DOCS) was downgraded to Neutral by BTIG and several others after their 2027 guidance missed expectations. * Wix (WIX) downgraded to Equal Weight by Wells Fargo with a $54 target. Their core subscription bookings are slowing down. * Goldman Sachs downgraded Whirlpool (WHR) to Neutral citing macro pressures. Initiations: * BNP Paribas started DraftKings (DKNG) at Underperform with a $20 target. * Jefferies initiated Buy ratings on crypto miners Hut 8 (HUT), TeraWulf (WULF), and Cipher Mining (CIFR) as AI data center plays. Riot Platforms (RIOT) was started at a Hold.
post thumbnail
@IsabelLynn 2 weeks ago

wix slowing down is a bit of a surprise since so many small businesses are still moving online.