Top Wall Street analysts upgraded several companies, including Duolingo, ServiceTitan, CVS Health, Cogent Communications, and Sunrun. Keybanc analyst Justin Patterson upgraded Duolingo from Sector Weight to Overweight, while Loop Capital analyst Yun Kim upgraded ServiceTitan from Hold to Buy. UBS analyst Kevin Caliendo upgraded CVS Health from Neutral to Buy, and Wells Fargo analyst Eric Luebchow upgraded Cogent Communications from Underweight to Overweight. RBC Capital analyst Christopher Dendrinos upgraded Sunrun from Sector Perform to Outperform.
Wall Street analysts have upgraded several companies, signaling optimism about their future performance. Keybanc analyst Justin Patterson upgraded Duolingo, Inc. (DUOL) from Sector Weight to Overweight, setting a $460 price target [1]. The stock closed at $326.93 on Friday. Loop Capital analyst Yun Kim upgraded ServiceTitan, Inc. (TTAN) from Hold to Buy, raising the price target from $100 to $140 [1]. ServiceTitan shares closed at $103.70 on Friday.
UBS analyst Kevin Caliendo upgraded CVS Health Corporation (CVS) from Neutral to Buy, raising the price target from $67 to $79 [1]. CVS Health shares closed at $68.60 on Friday. Wells Fargo analyst Eric Luebchow upgraded Cogent Communications Holdings, Inc. (CCOI) from Underweight to Overweight, setting a $45 price target [1]. Cogent Comms shares closed at $34.25 on Friday.
RBC Capital analyst Christopher Dendrinos upgraded Sunrun Inc. (RUN) from Sector Perform to Outperform, boosting the price target from $12 to $16 [1, 3]. Sunrun shares closed at $13.92 on Friday. The upgrade reflects RBC's view that Sunrun deserves a multiple rerating due to increased certainty about long-term opportunities following treasury guidance clarification [3].
These upgrades suggest a positive outlook for these companies, with analysts expecting growth and improved performance. Investors should carefully consider these upgrades and their implications for each company's stock.
References:
[1] https://www.benzinga.com/analyst-stock-ratings/upgrades/25/08/47183958/this-cvs-health-analyst-turns-bullish-here-are-top-5-upgrades-for-monday
[3] https://www.investing.com/news/analyst-ratings/sunrun-stock-rating-upgraded-to-outperform-by-rbc-capital-on-itc-clarity-93CH-4196799
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