Wall Street's analyst machinery churned out fresh opinions on Monday, with rating changes and price target adjustments spanning everything from electric vehicles to coconut water. Here's what the pros are telling their clients to do with ten notable stocks.
Keefe, Bruyette & Woods raised Blackstone Mortgage Trust, Inc. (BXMT) price target from $20 to $21. Analyst Jade Rahmani also upgraded the stock from Market Perform to Outperform, signaling improved confidence in the commercial real estate lender. Blackstone Mortgage Trust shares closed at $18.50 on Friday.
HP Inc. (HPQ) felt the sting of a Morgan Stanley downgrade, with analyst Erik Woodring cutting the stock from Equal-Weight to Underweight and lowering the price target from $26 to $24. The PC maker closed at $24.53 on Friday, already sitting above the new target.
Fast food got a vote of confidence as TD Cowen raised Yum! Brands, Inc. (YUM) price target from $162 to $173. Analyst Andrew M. Charles upgraded the stock from Hold to Buy, even though the parent company of Taco Bell, KFC, and Pizza Hut closed at $149.02 on Friday, well below the new target.
HC Wainwright & Co. doubled down on Digi Power X Inc. (DGXX), boosting the price target from $2.50 to $5. Analyst Kevin Dede maintained a Buy rating on the digital infrastructure company. Digi Power X shares closed at $3.21 on Friday.
Solar energy company Canadian Solar Inc. (CSIQ) saw a dramatic price target increase from Roth Capital, which raised its target from $11 to $30. Analyst Philip Shen kept a Neutral rating despite the substantial adjustment. Canadian Solar shares closed at $33.58 on Friday, already trading above the new target.
Sealed Air Corporation (SEE) got a mixed signal from Stifel, which raised the price target from $43.80 to $45 but downgraded the stock from Buy to Hold. Analyst Lars Kjellberg apparently sees limited upside from here. Sealed Air shares settled at $43.28 on Friday.
B of A Securities turned bullish on The Vita Coco Company, Inc. (COCO), increasing the price target from $48 to $54. Analyst Bryan Spillane upgraded the coconut water maker from Neutral to Buy. Vita Coco shares closed at $43.85 on Friday.
The headline grabber: Stifel raised Tesla, Inc. (TSLA) price target from $483 to $508. Analyst Stephen Gengaro maintained a Buy rating on the electric vehicle maker. Tesla shares closed at $404.35 on Friday, meaning the new price target implies roughly 26% upside potential.
Dell Technologies Inc. (DELL) joined HP in Morgan Stanley's penalty box, with analyst Erik Woodring downgrading the stock from Overweight to Underweight and slashing the price target from $144 to $110. Dell shares settled at $133.76 on Friday, suggesting Woodring sees significant downside ahead for the hardware giant.
Finally, Mizuho increased Snowflake Inc. (SNOW) price target from $260 to $285. Analyst Gregg Moskowitz maintained an Outperform rating on the cloud data platform. Snowflake shares closed at $257.02 on Friday.
The collection of calls reflects the ongoing divergence in analyst sentiment across sectors, with technology hardware facing skepticism while consumer brands and cloud infrastructure attract fresh optimism. Whether these forecasts prove prescient or not, they give investors a glimpse into where Wall Street's research teams think the opportunities and risks lie in today's market.