Monday brought a fresh batch of analyst coverage on five companies, and the ratings paint an interesting picture of where Wall Street sees opportunity—and risk.
The most notable call came from Goldman Sachs analyst Anthony Valentini, who initiated coverage on Joby Aviation Inc (JOBY) with a Sell rating and a $10 price target. That's a significant gap from where shares closed Friday at $14.43, suggesting Valentini sees about 31% downside ahead for the electric air taxi company.
The other four initiations were considerably more optimistic. BTIG analyst Mark Massaro started coverage on BillionToOne Inc (BLLN) with a Buy rating and a $160 price target. With shares closing at $130.18 on Friday, that implies roughly 23% upside if Massaro's thesis plays out.
B of A Securities analyst Ming Hsun Lee kicked off coverage on WeRide Inc (WRD) with a Buy rating and $12 price target. WeRide shares ended Friday at $8.24, meaning Lee's target represents about 46% potential upside—the largest gap among the bullish calls.
Leerink Partners analyst Thomas Smith initiated Evommune Inc (EVMN) with an Outperform rating and $42 price target. Evommune closed at $20.71 on Friday, putting Smith's target more than 100% above current levels—an ambitious call that suggests he sees substantial value in the company's prospects.
Rounding out Monday's initiations, Jefferies analyst Andrew Andersen started coverage on Goosehead Insurance Inc (GSHD) with a Buy rating and $93 price target. Goosehead shares closed Friday at $71.55, giving Andersen's target about 30% upside from current levels.
The mix of ratings underscores how differently analysts can view companies even when initiating coverage at the same time. While most of Monday's calls leaned bullish, Joby Aviation's sell rating serves as a reminder that not every stock wins unanimous support from Wall Street. Whether these targets prove accurate will depend on how each company executes in the months ahead.