Wall Street analysts are buzzing about several companies, initiating coverage and issuing buy ratings. These optimistic calls signal potential growth opportunities for investors.
Dell Technologies (DELL)
received an Outperform rating and a $135 price target from Mizuho analyst Vijay Rakesh. This comes after Dell shares gained 1% on Monday, closing at $115.40.Lightspeed Commerce (LSPD)
also attracted positive attention from Benchmark analyst Mark Palmer, who initiated coverage with a Buy rating and a $20 price target. Lightspeed shares followed suit, rising 1.8% to close at $12.85 on Monday.JAKKS Pacific (JAKK)
, a toy company, received a Buy rating from B. Riley Securities analyst Eric Wold, who set a $37 price target. JAKKS Pacific shares climbed 1.4% to close at $23.81 on Monday.Definitive Healthcare (DH)
, a healthcare data and analytics company, was initiated with a Buy rating by BTIG analyst David Larsen, who set a $7 price target. The stock closed at $4.44 on Monday.Innodata (INOD)
, a data management and analytics company, received a Buy rating and a $23 price target from Craig-Hallum analyst George Sutton. However, the stock closed down 4.6% on Monday, ending at $14.98.These analyst ratings provide valuable insights into the potential of these companies and can help investors make informed decisions. It’s important to note that analyst ratings are just one piece of the puzzle when making investment decisions and should be considered alongside other factors such as financial performance, industry trends, and overall market conditions.
