Wall Street kicked off the week with fresh perspectives on several high-profile stocks, as major firms launched coverage across the hospitality, technology, and pharmaceutical sectors. Here's what analysts are saying about five companies drawing new attention.
Hospitality Gets a Boost
JP Morgan analyst Daniel Politzer initiated coverage on Hyatt Hotels Corporation (H) with an Overweight rating and set a price target of $178. That represents roughly 12% upside from Friday's closing price of $158.48, signaling optimism about the hotel chain's prospects.
Tech and Travel Platform Draws Dual Endorsements
Navan Inc (NAVN) caught the attention of not one but two firms on Monday. Needham analyst Scott Berg initiated coverage with a Buy rating and $25 price target, while Jefferies analyst Samad Samana issued identical guidance—also a Buy rating with a $25 target. Both calls suggest substantial upside potential, considering Navan shares closed at $14.96 on Friday. That's a roughly 67% premium to current levels, reflecting confidence in the corporate travel and expense management platform's growth trajectory.
Semiconductor Play Gets Measured Outlook
HSBC analyst Frank Lee took a more cautious stance on Marvell Technology Inc (MRVL), initiating coverage with a Hold rating and an $85 price target. Marvell Tech shares closed at $77.45 on Friday, so the target implies modest upside but suggests Lee sees the stock as fairly valued at current levels.
Biotech Giant Earns Bullish Call
Regeneron Pharmaceuticals Inc (REGN) received a vote of confidence from HSBC analyst Yifeng Liu, who initiated coverage with a Buy rating and an ambitious $890 price target. Regeneron shares closed at $755.90 on Friday, making Liu's target represent approximately 18% upside. The call reflects optimism about the biotech company's pipeline and market position.
What It Means
Analyst initiations often signal that firms are seeing enough momentum or potential in a stock to warrant formal coverage. The bullish tilt in most of Monday's calls—particularly the double endorsement for Navan and the strong price targets for Regeneron and Hyatt—suggests analysts are finding opportunities across multiple sectors as they look ahead.