Wall Street Analysts Upgrade Key Stocks: Stubhub and More
This Stubhub Analyst Turns Bullish; Here Are Top 4 Upgrades For Tuesday
Image: Benzinga
Top analysts on Wall Street have upgraded their ratings for several companies, including Stubhub Holdings, Inc., Progyny, Inc., American Tower Corporation, and Credicorp Ltd. Notably, Stubhub's rating was raised from Neutral to Buy with a new price target of $12.5, indicating strong potential for growth.
- 01Curry Baker from Guggenheim upgraded Stubhub Holdings, Inc. from Neutral to Buy with a price target of $12.5, up from $8.5.
- 02Richard Close from Canaccord Genuity upgraded Progyny, Inc. from Hold to Buy, increasing the price target from $19 to $30.
- 03Madison Rezaei from Bernstein upgraded American Tower Corporation from Market Perform to Outperform, maintaining a price target of $207.
- 04Carlos Gomez-Lopez from HSBC upgraded Credicorp Ltd from Hold to Buy, raising the price target from $320 to $350.
- 05Stubhub shares closed at $9.33 on Monday, while Progyny, American Tower, and Credicorp closed at $24.05, $177.28, and $303.86 respectively.
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Several prominent Wall Street analysts have made significant upgrades to their ratings for key stocks, reflecting a positive outlook for these companies. Guggenheim analyst Curry Baker upgraded Stubhub Holdings, Inc. (NYSE:STUB) from Neutral to Buy, raising the price target from $8.5 to $12.5. Stubhub shares closed at $9.33 on Monday, indicating potential growth as analysts become more optimistic about its future performance.
In another notable upgrade, Canaccord Genuity analyst Richard Close moved Progyny, Inc. (NASDAQ:PGNY) from Hold to Buy, increasing the price target from $19 to $30. Progyny shares closed at $24.05 on Monday, suggesting a favorable investment opportunity.
Additionally, Bernstein analyst Madison Rezaei upgraded American Tower Corporation (NYSE:AMT) from Market Perform to Outperform, keeping the price target steady at $207. American Tower shares finished at $177.28 on Monday.
Lastly, HSBC analyst Carlos Gomez-Lopez upgraded Credicorp Ltd (NYSE:BAP) from Hold to Buy, with the price target raised from $320 to $350. Credicorp shares closed at $303.86. These upgrades reflect analysts' growing confidence in these companies' market positions.
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