© Reuters. Today’s most important upgrades
By Davit Kirakosyan
Jefferies upgraded The Chef’s Warehouse Inc (NASDAQ:) to Buy from Hold with a price target of $43.00, noting that the company is executing at a high level, taking share and effectively integrating acquisitions, which position it favorably for future growth/synergies. Shares gained more than 3% intra-day today.
New Street Research upgraded PagSeguro (NYSE:) to Buy from Neutral and cut its price target to $17.00 from $22. The analysts believe that sentiment on the stock can’t have ever been lower, with close to 100% upside, still, and on a PE of 8.5x. Shares gained more than 8% intra-day today.
Piper Sandler upgraded Adaptive Biotechnologies Corp (NASDAQ:) to Overweight from Neutral and raised its price target to $14.00 from $7.50. Shares surged more than 18% intra-day today.
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