Stocks were taking a breather on Friday after the S&P 500 closed up at a new all-time high on Thursday. The Trump administration is now in office and a slew of new policies already being implemented. Many investors and traders are also still trying to decide how they want their assets positioned for 2025 and beyond as companies are reporting earnings and offering guidance for the year ahead. This is where the top analyst upgrades, downgrades and initiations can come into play.
Oggonomics searches the daily flow of analyst calls covering the upgrades and downgrades from Wall Street to look for new ideas in Wall Street research reports that might have otherwise been overlooked or missed. Short-term traders get a glimpse of immediate price reactions to news and to the analyst calls. Long-term investors get a picture of new buy, sell and hold ratings with targets looking a year out.
Oggonomics always reminds investors and its readers that no single analyst report should ever be the sole basis to buy or sell a stock. That decision to buy or sell, or hold or short sell, is up to each investor and the decision should be made with a financial advisor.
These are some of the top analyst upgrades and downgrades seen on Friday, January 24, 2025.
Air Products & Chemicals (NYSE: APD) was raised to Overweight from Equal -Weight and its price target was raised to $365 from $315 (versus $324.00 close) at Barclays.
American Homes 4 Rent (NYSE: AMH) was raised to Overweight from Equal Weight and the price target was raised to $40 from $39 (versus $34.63 close) at Morgan Stanley.
Apple Inc. (NASDAQ: AAPL) was maintained as Buy rating with a price target cut to $253 from $256 at BofA Securities in an ongoing downward trend for Apple’s ratings.
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) was started as Outperform with a $26 price target (versus $18.14 close) at Raymond James.
DigitalOcean Holdings, Inc. (NYSE: DOCN) was started as Buy with a $45 price target (versus $38.73 close) at Citigroup.
Foot Locker, Inc. (NYSE: FL) was reiterated as Underweight and its price target was cut to $20 from $23 at JPMorgan. Needham also maintained its Buy rating while cutting the target to $24 from $25 in the call.
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Freeport-McMoRan Inc. (NYSE: FCX) was downgraded to Hold from Buy and its target was cut to $40 from $48 (versus $38.50 close) at Jefferies.
The Interpublic Group of Companies (NYSE: IPG) was raised to Overweight from Equal-Weight and its price target was raised to $36 from $32 (versus $28.27 close) at Barclays.
Intuitive Surgical, Inc. (NASDAQ: ISRG) was last seen down 2.2% at $595.00 in Friday’s pre-market trading. ISRG was reiterated as Buy and its price target was raised to $711 from $640 at Citigroup. JPMorgan reiterated its Overweight rating and hiked its target to $675 from $575.
Super Group (NYSE: SGHC) was raised Buy from Hold and its target price was raised t $0 from $5 at Canaccord Genuity. SGHC closed up 1.2% at $6.81 ahead of the call.
The Travelers Companies, Inc. (NYSE: TRV) was raised to Overweight from Neutral and its price target was raised to $310 from $259 (versus $241.51 close) at Piper Sandler.
Twilio Inc. (NYSE: TWLO) was raised to Outperform from Neutral and its price target was raised to $160 from $115 at RW Baird. JPMorgan kept its Overweight rating and hiked its target up to $130 from $83. UBS reiterated its Buy rating and raised its target to $145 from $140. Other analysts are also raising price targets after earnings took the shares up over 18% pre-market to $134.50.
If you missed Thursday’s top analyst calls, they were in shares of Apple, Deckers, Edison, EA, GE Vernova, IBM, Meta, Sirius XM and many more stocks.
