Thursday’s Top Analyst Calls: Adobe, Palantir Upgraded; Dana, SkyWest Downgraded

24/7 Wall St.··Read original
2▲4 ▼2Impact / 5
Summary · why it matters

Wall Street analysts issued several notable rating changes on Thursday. HSBC upgraded Adobe to Buy and raised its price target to $308 from $282, while DA Davidson upgraded Palantir Technologies to Buy with a $175 target. Wolfe Research upgraded Chevron to Outperform with a $210 target. On the downgrade side, Barclays cut Dana to Equal Weight with a $32 target, and Goldman Sachs downgraded SkyWest to Neutral, trimming its target to $108 from $126. New coverage initiations included BMO Capital starting Honeywell Aerospace with an Outperform rating and a $276 target, and Daiwa initiating Space Exploration Technologies with a Neutral rating and a $175 target.

Impact on assets 15

Defense & Geopolitical Fragmentation▲ · 2 stocks
Industrials▼ · 2 stocks
SkyWest Inc
SKYW
▼ NegativeCapitalrelevance

Goldman Sachs downgraded SkyWest to Neutral and trimmed target to $108.

Consumer Discretionary▲ · 2 stocks
Information Technology▲ · 2 stocks
Artificial Intelligence▲ · 1 stocks
Energy▲ · 1 stocks
Chevron Corp
CVX
▲ PositiveCapitalrelevance

Wolfe Research upgraded Chevron to Outperform with a $210 target.

Electrification & Mobility▼ · 1 stocks
Dana Inc
DAN
▼ NegativeCapitalrelevance

Barclays downgraded Dana to Equal Weight with a $32 target.

Space Economy▲ · 1 stocks
Real Estate▲ · 1 stocks
Financials▲ · 1 stocks
Energy Transition & Power Demand▲ · 1 stocks