Monday’s analyst coverage featured a mix of upgrades, downgrades, and fresh price targets across several notable names.
CrowdStrike (CRWD)
Deutsche Bank upgraded the cybersecurity firm to Buy from Hold and raised its discounted cash flow‑derived price target to $300, citing strong AI‑driven growth potential in the cybersecurity market.
SharkNinja (SN)
BTIG initiated coverage of the consumer‑products company with a Buy rating, projecting approximately $7.5 billion in revenue by 2026 and labeling SharkNinja one of the most dynamic growth firms in global consumer products.
Coinbase (COIN)
Morgan Stanley downgraded Coinbase to Underweight from Equal Weight, trimming its 2027/2028 revenue and EBITDA estimates by 28 %/18 % and 47 %/25 % respectively, and lowering the price target to $120 from $258 due to uncertain earnings recovery.
Amazon (AMZN)
PhillipCapital upgraded Amazon to Buy from Accumulate, emphasizing the retailer’s model‑agnostic AI strategy and its full‑stack capabilities, including custom chips and partnerships with major language‑model providers.
PennyMac Financial Services (PMT)
KBW upgraded PennyMac to Outperform from Market Perform, noting robust investment opportunities, strong securitization demand, and sufficient loan production despite lower industry origination volumes.
Teva (TEVA)
HC Wainwright initiated coverage of Teva with a Buy rating and a $52 price target, highlighting the company’s transformation under CEO Richard Francis and its innovative biopharma pipeline emerging from a generics legacy.
Janus Living (JNK)
Mizuho began coverage of the senior‑housing operator with an Outperform rating, describing Janus as a compelling vehicle for exposure to the senior‑housing sector.
H2O America (H2O)
Mizuho also initiated H2O America with an Outperform rating and a $67 price target, expressing bullish sentiment on the water‑utility franchise.
GameStop (GME)
StoneX launched coverage of GameStop with a Buy rating and a $33 price target, citing confidence in the company’s turnaround efforts.
Nvidia (NVDA)
Melius reiterated a Buy on Nvidia but cut its price target to $315 from $420, noting that AI‑related multiples may remain under pressure as build‑outs extend through 2028. Bernstein also kept Nvidia and Broadcom Overweight, emphasizing improving fundamentals despite waning investor confidence.
Mohawk Industries (MEI)
Evercore ISI upgraded Mohawk to Outperform from In Line, citing the new management team’s commitment to consistent share buybacks and addressing the company’s under‑leveraged balance sheet.
Rivian (RIVN)
UBS upgraded Rivian to Buy from Neutral and maintained a $17 price target, viewing the recent 19 % sell‑off as a buying opportunity ahead of the R2 ramp and improving gross margins.
AngloGold Ashanti (AGA)
TD Cowen initiated coverage of the gold producer with a Buy rating and a $123 price target, implying roughly 54 % upside and describing the company as high quality.
British American Tobacco (BATS)
Goldman Sachs upgraded BAT to Buy from Neutral, highlighting nicotine’s defensive characteristics, robust earnings growth, and a ~6 % dividend yield, with a 22 % upside potential.
Amphenol (APH)
Goldman added Amphenol to its U.S. Conviction Buy list, citing substantial upside potential.
SpaceX
KeyBanc maintained SpaceX at Sector Weight, noting uncertainty around cash‑return timing and adjusting capex estimates to reflect the timing of the Louisiana Starbase build‑out.
Apple (AAPL)
Barclays kept Apple at Underweight, citing iPhone uncertainties, limited AI monetization, and renewed concerns about the App Store ahead of Monday’s earnings release.
Franklin Electric (FELE)
DA Davidson upgraded Franklin Electric to Buy from Neutral and raised its price target to $135 from $105, calling the niche‑focused company undervalued.
Oracle (ORCL)
Stephens upgraded Oracle to Overweight from Equal Weight following the company’s investor day, which resolved key market questions and reinforced confidence in its outlook.