Monday brought a fresh wave of analyst initiations across Wall Street, with several major firms launching coverage on companies ranging from biotech to semiconductors. Here's what you need to know about the five stocks that got the attention of top analysts.
The Standout: SiTime Gets Goldman's Stamp of Approval
Goldman Sachs analyst James Schneider kicked off coverage on SiTime Corp (SITM) with a Buy rating and set a $420 price target. The stock closed Friday at $362.05, meaning Goldman sees roughly 16% upside from current levels. That's a meaningful vote of confidence for the timing solutions company.
DBV Technologies Gets Aggressive Price Target
Cantor Fitzgerald analyst Kristen Kluska initiated coverage on DBV Technologies SA – ADR (DBVT) with an Overweight rating and announced a $42 price target. That's an ambitious call considering the stock closed Friday at $18.37, implying potential upside of more than 100%. The biotech company clearly has Cantor's attention.
Three More Initiations Round Out Monday's Action
Benchmark analyst Daniel Kurnos started coverage on Gloo Holdings Inc (GLOO) with a Buy rating and a $14 price target. Gloo shares closed at $7.19 on Friday, suggesting the analyst sees the stock potentially doubling from current levels.
B of A Securities analyst Brandon Berman initiated coverage on Central Bancompany Inc (CBC) with a Buy rating and announced a $27 price target. The regional bank's shares closed at $23.03 on Friday, giving investors a more modest but still meaningful upside scenario.
Finally, Goldman Sachs analyst James Schneider also began coverage on Camtek Ltd (CAMT) with a Neutral rating and a $123 price target. Camtek shares closed at $111.95 on Friday. The Neutral stance stands in contrast to Goldman's bullish take on SiTime, suggesting a more wait-and-see approach on this semiconductor equipment maker.
Wall Street coverage initiations matter because they bring fresh perspective to stocks that may have been flying under the radar. When major firms like Goldman Sachs and Bank of America decide a company is worth following, it often signals growing institutional interest. That doesn't guarantee the price targets will hit, but it does mean smart money is paying attention.