Top Wall Street analysts have issued bullish upgrades for several key stocks, signaling potential growth opportunities for investors. This week saw upgrades for BXP, Inc., Snap Inc., Alcoa Corporation, A.O. Smith Corporation, and Quest Diagnostics Incorporated, with analysts citing various factors for their optimistic outlooks.
A. O. Smith Corporation, a global water technology leader, announced record sales of $1 billion in the second quarter of 2024, driven by increased water heater volumes. The company also reaffirmed its 2024 sales outlook and narrowed its EPS guidance. A. O. Smith is poised for continued growth, fueled by strong demand and the anticipated acquisition of Pureit.
