© Reuters. Today’s Most Important Upgrades
By Davit Kirakosyan
Rosenblatt upgraded Apple (NASDAQ:) to Buy from Neutral and raised its price target to $189 from $160 as its survey of over 1,100 U.S. adults showed “substantial interest in the company’s new iPhone 14 Pro Max and Ultra watch.”
CFRA upgraded Nike (NYSE:) to Hold from Sell and adjusted its price target to $88.00 from $100.00.
Oppenheimer upgraded Wix.com (NASDAQ:) to Outperform from Perform with a price target of $110.00. The analysts believe the company has the potential to operate more efficiently to drive meaningful shareholder value, highlighting management’s pivot toward balanced growth (projecting to deliver 20% margins by 2025, with long-term targets trending to approximately 30%).
TD Securities upgraded Range Resources (NYSE:) to Buy from Hold and raised its price target to $33.00 from $32.00.
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