Deutsche Bank analyst Brian Bedell has upgraded Cboe Global Markets (CBOE) to a Buy rating, citing strong revenue growth potential driven by continued volatility in the markets, product innovation, and increasing options adoption. The analyst projects high single-digit EPS growth in 2025 and 2026, surpassing previous forecasts, with robust growth expected in index product revenue.
BofA Securities analyst Salvator Tiano has upgraded International Flavors & Fragrances (IFF) to a ‘Buy’ rating, citing strong recent performance, an improved product pipeline, and attractive valuation. Tiano believes the company’s focus on innovation and deleveraging will drive growth in the coming years.
Goldman Sachs analyst Christine Cho upgraded Wingstop Inc. (WING) to Buy, citing the company’s new NBA partnership as a key driver for growth. While the stock has recently experienced a decline due to concerns about slowing sales growth, Cho remains bullish, forecasting strong long-term performance.
GitLab Inc (GTLB) stock received an upgrade to Buy from Hold by Needham analyst Mike Cikos, who cited the company’s expanding product offerings and strong enterprise sales as key drivers for growth. Cikos expects increased adoption of GitLab’s Ultimate tier, driven by its compliance and security features, and predicts that the company could exceed revenue estimates in the coming quarters.
Truist Securities analyst Joseph Civello upgraded Nike to Buy, citing a more realistic investor outlook and key leadership changes. While acknowledging a lengthy turnaround process, Civello believes Nike’s new strategy, including increased marketing and re-building wholesale partnerships, is heading in the right direction.
DoorDash stock surged on Wednesday after KeyBanc analyst Justin Patterson upgraded the stock to Overweight, citing the company’s strong market share gains, emerging revenue streams, and robust growth prospects. Patterson’s upgraded forecast is based on his recent survey data, which shows DoorDash distancing itself from competitors in food delivery and making significant inroads into the grocery market. The analyst also anticipates DoorDash’s core and emerging verticals to fuel strong GOV and EBITDA growth in the coming years.
Lowe’s Companies Inc (LOW) received an upgrade from Oppenheimer, with analyst Brian Nagel citing a potential surge in home improvement demand as lending rates moderate. Despite near-term weakness, Nagel believes investors are taking a longer-term view, anticipating sales growth in the latter half of 2025.
Applied Therapeutics (APLT) has been upgraded to a Zacks Rank #2 (Buy), indicating a positive outlook for the company’s earnings. This upgrade is based on an upward trend in earnings estimates, a key factor influencing stock prices. The Zacks Rank system analyzes earnings estimate revisions, making it a valuable tool for investors seeking to capitalize on improving business trends.
Camden National Corporation (CAC) has recently been upgraded to a Zacks Rank #1 (Strong Buy), indicating positive momentum in its earnings outlook. This upgrade is based on a strong upward trend in earnings estimates, a key factor driving stock prices. The Zacks Rank system, which considers earnings estimate revisions, provides a more objective and data-driven approach to stock valuation compared to subjective analyst ratings.
Cerence, a leading automotive artificial intelligence developer, has been upgraded to a Zacks Rank #1 (Strong Buy) due to a significant upward trend in earnings estimates. This upgrade signals a positive outlook for the company’s future earnings and suggests potential for strong stock performance.
