Piper Sandler upgraded SmartFinancial from neutral to overweight, citing the insurance company’s potential to benefit from declining interest rates. Bernstein maintained its underperform rating on Tesla, expressing concerns over the company’s lack of clear positive catalysts. Mizuho upgraded Airbnb to buy from neutral, highlighting the vacation rental company’s positive growth prospects. KBW upgraded Globe Life to outperform from market perform, advising investors to buy the dip in the financial services company’s shares. Bank of America upgraded Tesla to buy from neutral, seeing potential for growth and positive catalysts following the company’s earnings report.
Wells Fargo upgraded Packaging Corporation of America to overweight from equal weight, recognizing the packaging company’s strong performance. Citi downgraded Molson Coors to sell from neutral, expressing concerns about the company’s slowing growth. Oppenheimer named Domino’s a top pick, citing strong sales performance and potential for continued growth. Deutsche Bank upgraded MSCI to buy from hold, recommending the stock based on valuation metrics.
Citi upgraded SiriusXM to neutral from sell, indicating a more balanced risk-reward outlook. KeyBanc initiated coverage of Super Micro Computer with an equal weight rating, primarily based on valuation. Loop upgraded Sea Limited to buy from hold, seeing signs of sustainable profitable growth for the Singapore-based tech conglomerate. Morgan Stanley maintained its overweight rating on Walmart, emphasizing the company’s fintech initiatives.
Citi reiterated its buy rating on Amazon, raising its price target due to strong demand for cloud services. Redburn Atlantic Equities maintained its sell rating on Disney, despite raising its price target. Morgan Stanley reiterated its equal weight rating on the Atlanta Braves, updating its valuation based on recent news. Guggenheim downgraded Enphase to sell from neutral, citing concerns over inventory issues. Jefferies reiterated its buy rating on Microsoft, expecting positive results from upcoming earnings.
